Introduction U.S. Bancorp Earnings Results Net Interest Income $5,000 100% $4,500 90% $4,000 80% 70% $3,500 $3,000 60% $2,500 50% $2,000 40% $1,500 30% $1,000 20% $500 10% $0 0% Q1 19 -NII I NII% pandemic levels as the bank has been able to put its assets to work, eaming more income. Asset and Borrowing Yields 6% 5% 4% 3% 2% 1% 0% Q3 19 Q1 20 Q3 20 Q1 21 Q1 22 Q1 19 Q3 22 Q3 23 Q1 24 Q3 21 Q1 23 Asset Yield Borrowing Yield Bank Financials On the balance sheet side, loan growth edged up marginally for the se ...

E t H 417 H I t E New York Community Bancorp (NYSE:NYCB) made news earlier this year when it was forced to raise equity and cut its dividend due to problems creeping up in its commecial loan book. The regional lender's second-quarter results showed pressure on net income as well as continually unfavorable credit teends, including in the multi-family business. However, the bank is making progress in selling non-strategic assets in order to reorganize its business and improve its liquidity position. NYCB is a ...

In its diversity, TBBK is performing very well this year (+35% YTD) and is poised to record new all-time highs. KEY FINANCIAL METRICS | --- | --- | --- | --- | --- | --- | --- | |-------------------|------------------|-------|-------|-------|-------|------------------------------------------| | | | | | | | | | GROWTH | REVENUE GROWTH ' | 13% | 12% | 31% | 7% | Capitalized on interest rate environment | | PROFITABILITY | ROE | 18% | 19% | 26% | 28% | Increasing levels | | | roa | 1.7% | 1.8% | 2.6% | 2.9% | ...

HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced a net loss of $775,000, or $(0.09) per diluted share, for the three months ended June 30, 2024. As previously announced in a joint news release issued April 29, 2024, Hope Bancorp, Inc. (NASDAQ: HOPE) (Hope Bancorp) and the Company signed a definitive merger agreement. Under the terms of the merger agre ...

The decrease in net income for the three months ended June 30, 2024, compared to the same period in 2023, resulted from a decrease in net interest income of $1.1 million, or 20.0%, partially offset by a decrease in noninterest expense of $207,000, or 4.9%, a decrease in provision for income taxes of $157,000, or 45.8%, a decrease in the provision of credit losses of $105,000, or 70.0%, and an increase in non-interest income of $2,000, or 0.4%, The decrease in net interest income for the three months ended J ...

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GLEN BURNIE, Md., July 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp ("Bancorp") (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie ("Bank"), announced today a net loss of $204,000, or $0.07 per basic and diluted common share for the three-month period ended June 30, 2024, compared to net income of $276,000, or $0.10 per basic and diluted common share for the three-month period ended June 30, 2023. Bancorp reported a net loss of $201,000, or $0.07 per basic and diluted common share for ...

The Bancorp, Inc. (NASDAQ:TBBK) Q2 2024 Earnings Conference Call July 26, 2024 8:00 AM ET Company Participants Andres Viroslav - Director, Investor Relations Damian Kozlowski - Chief Executive Officer Paul Frenkiel - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Tim Switzer - KBW Frank Schiraldi - Piper Sandler Operator Good day and welcome to The Bancorp, Inc. Q2 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's ...

n t New York Community Bank (NYSE:NYCB) reported a Q2 with a headline adjusted earnings loss of $1.05/share. This was much wider than the ~$.45/share loss expected. I'll go through the numbers in what, I think, is the order of importance. NYCB Liquidity Profile (NYCB Q2 Earnings Presentation) Cost of Funds: (bp): The company brought the full-year guide for NIM down from 2.20-2.30% to 2.00-2.10%. That 20 bps is worth about $160-170 million of pre-tax interest income. Combine that with fewer assets due to the ...

For the quarter ended June 2024, The Bancorp (TBBK) reported revenue of $124.52 million, up 6.9% over the same period last year. EPS came in at $1.07, compared to $0.89 in the year-ago quarter. The reported revenue represents a surprise of -2.30% over the Zacks Consensus Estimate of $127.45 million. With the consensus EPS estimate being $1.10, the EPS surprise was -2.73%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...