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Medallion Financial (MFIN) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Financial Performance - Total net income attributable to stockholders for Q3 2025 was $7.8 million, or $0.32 per share, excluding a non-recurring charge of $3.5 million, net income was $11.3 million, compared to $8.6 million in the prior year quarter [6]. - Nine months earnings increased 20% year over year, supported by strong portfolio diversification and disciplined underwriting [5]. - Net income after taxes for the three months ended September 30, 2025, was $13,614 thousand, a 34.7% increase from $10,123 thousand in the same period of 2024 [24]. - Basic net income per share for the three months ended September 30, 2025, was $0.34, a decrease from $0.38 in 2024 [24]. - Other income for the three months ended September 30, 2025, totaled $3,048 thousand, significantly higher than $587 thousand in the same period of 2024 [24]. Loan and Interest Metrics - Net interest income grew 6% to $55.7 million from $52.7 million in the prior year quarter, with a net interest margin on gross loans of 8.21% [6]. - Loan originations increased to $427.4 million, compared to $275.6 million in the prior year quarter, including $208.4 million from strategic partnerships, up from $39.9 million a year ago [6][9]. - The average interest rate on recreation loans was 15.17% at quarter-end, compared to 14.92% a year ago [9]. - Net interest income for the three months ended September 30, 2025, was $55,686 thousand, an increase of 5.4% compared to $52,737 thousand for the same period in 2024 [24]. - Total interest income for the nine months ended September 30, 2025, was $233,637 thousand, up from $214,183 thousand in 2024, representing an increase of 9.1% [24]. Asset and Liability Overview - Total assets amounted to $2.900 billion, up from $2.880 billion at September 30, 2024 [13]. - Total assets increased to $2,900,387 thousand as of September 30, 2025, up from $2,868,606 thousand at December 31, 2024, representing a growth of 1.1% [22]. - Total liabilities decreased to $2,403,510 thousand as of September 30, 2025, from $2,429,648 thousand at December 31, 2024, reflecting a reduction of 1.1% [22]. - Total stockholders' equity increased to $397,448 thousand as of September 30, 2025, compared to $370,170 thousand at December 31, 2024, marking a growth of 7.4% [22]. Cash and Dividend Information - Cash and cash equivalents were $212.1 million as of September 30, 2025, down from $244.7 million a year ago [13]. - The company declared a quarterly cash dividend of $0.12 per share, unchanged from previous quarters and 20% higher than the same quarter last year [11]. Credit Quality - Provision for credit losses decreased to $18,556 thousand for the three months ended September 30, 2025, down from $20,151 thousand in 2024, indicating improved credit quality [24]. - Total strategic partnership loans held as of quarter-end were $15.3 million, compared to $3.2 million a year ago [9]. Portfolio Growth - The loan portfolio reached $2.56 billion, a 3% increase from $2.485 billion a year ago [6]. - The number of shares outstanding increased to 23,279,435 as of September 30, 2025, from 23,135,624 at December 31, 2024, indicating a growth in equity participation [22].
Medallion Bank Series G Pfd(MBNKO) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2025 THIRD QUARTER RESULTS NEW YORK, NY – October 29, 2025 – Medallion Financial Corp. (NASDAQ: MFIN, "Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the three and nine months ended September 30, 2025. 2025 Third Quarter Highlight ...
MEDALLION BANK F(MBNKP) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2025 THIRD QUARTER RESULTS NEW YORK, NY – October 29, 2025 – Medallion Financial Corp. (NASDAQ: MFIN, "Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the three and nine months ended September 30, 2025. 2025 Third Quarter Highlight ...
The St. Joe pany(JOE) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Financial Performance - Quarterly net income attributable to the Company increased by 130% to $38.7 million, or $0.67 per share, compared to $16.8 million, or $0.29 per share in Q3 2024[3] - Total consolidated revenue for Q3 2025 increased by 63% to $161.1 million, up from $99.0 million in Q3 2024[5] - For the first nine months of 2025, total consolidated revenue increased by 29% to $384.4 million, compared to $298.4 million for the same period in 2024[7] - In Q3 2025, the Company reported total revenue of $161.1 million, a 62.7% increase from $99.0 million in Q3 2024[28] - EBITDA for Q3 2025 was $68.8 million, compared to $39.9 million in Q3 2024, indicating a 72.6% increase[34] Revenue Breakdown - Real estate revenue surged by 199% to $83.8 million in Q3 2025, compared to $28.0 million in Q3 2024[13] - Hospitality revenue reached a record $60.6 million in Q3 2025, a 9% increase from $55.4 million in Q3 2024[17] - Leasing revenue set a quarterly record of $16.7 million, increasing by 7% from $15.6 million in Q3 2024[18] - Real estate revenue for Q3 2025 was $83.8 million, up from $28.0 million in Q3 2024, representing a 199.3% increase[28] Cash and Capital Management - The Company funded $20.4 million in capital expenditures and repurchased $8.7 million of common stock in Q3 2025[4] - As of September 30, 2025, the Company had $126.0 million in cash and cash equivalents, an increase from $88.8 million as of December 31, 2024[31] - The Company repurchased $8.7 million of its common stock in Q3 2025, and for the first nine months of 2025, it repurchased $24.9 million[21] - The Company funded $20.4 million in capital expenditures in Q3 2025, and $89.6 million for the first nine months of 2025[21] Debt and Assets - The weighted average effective interest rate of outstanding debt as of September 30, 2025, was 4.9%, with 80% of the debt having fixed or swapped interest rates[23] - Total assets as of September 30, 2025, were $1,533.9 million, slightly down from $1,538.6 million as of December 31, 2024[31] Future Outlook - The Company declared a cash dividend of $0.16 per share, representing a 14% increase from the previous dividend of $0.14 per share[12] - As of September 30, 2025, the Company had 1,992 residential homesites under contract, expected to generate approximately $146.2 million in revenue[15] - The Company plans to conduct an earnings call on October 30, 2025, to discuss performance and future outlook[24] Company Overview - The St. Joe Company is a diversified real estate development and asset management company focused on Northwest Florida[39] - The company intends to utilize existing assets for residential, hospitality, and commercial ventures[39] - St. Joe has significant residential and commercial land-use entitlements, actively seeking higher and better uses for its real estate assets[39]
Glaukos(GKOS) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Exhibit 99.2 OCTOBER 29, 2025 GLAUKOS CORPORATION (NYSE: GKOS) THIRD QUARTER 2025 IN REVIEW Important Information This document is intended to be read by investors in advance of regularly scheduled quarterly conference calls and was designed to provide a review of Glaukos Corporation's recent financial and operational performance and general business outlook. Please see "Forward-Looking Statements" and "Statement Regarding Use of Non- GAAP Financial Measures" in the "Additional Information" section of this ...
AMERISAFE(AMSF) - 2025 Q3 - Quarterly Results
2025-10-29 20:10
Financial Performance - Gross premiums written for Q3 2025 were $80,321,000, a 7.2% increase from $74,940,000 in Q3 2024[3] - Net premiums earned increased by 6.2% to $71,196,000 in Q3 2025, compared to $67,050,000 in Q3 2024[3] - Net income for Q3 2025 was $13,818,000, a 3.5% decrease from $14,324,000 in Q3 2024[3] - Operating net income for Q3 2025 was $10,566,000, down 5.2% from $11,140,000 in Q3 2024[13] - Basic earnings per share (EPS) for Q3 2025 was $0.73, down from $0.75 in Q3 2024, representing a decline of 2.7%[27] - Total revenues for the nine months ended September 30, 2025, were $235,661,000, slightly up from $235,014,000 in the same period of 2024[27] Investment and Assets - Net investment income decreased by 12.3% to $6,566,000 in Q3 2025, down from $7,485,000 in Q3 2024[7] - As of September 30, 2025, the carrying value of AMERISAFE's investment portfolio was $817,000,000[12] - Total assets as of September 30, 2025, were $1,164,944,000, compared to $1,157,791,000 at the end of 2024, indicating a marginal increase[29] - Shareholders' equity increased to $274,773,000 as of September 30, 2025, from $257,341,000 at the end of 2024, reflecting a growth of 6.8%[29] Premiums and Reserves - Voluntary premiums on policies written increased by 10.6% compared to Q3 2024, driven by strong policy retention and new business production[6] - Gross premiums written for Q3 2025 were $80,321,000, an increase of 4.5% from $74,940,000 in Q3 2024[27] - Net premiums earned for the nine months ended September 30, 2025, were $209,462,000, compared to $204,129,000 for the same period in 2024, reflecting a growth of 2.0%[27] - Reserves for loss and loss adjustment expenses decreased to $617,860,000 from $651,309,000, a reduction of 5.1%[29] Dividends and Tax - A special cash dividend of $1.00 per share was declared, along with a regular cash dividend of $0.39 per share, payable on December 12, 2025[8] - The effective tax rate for Q3 2025 was 21.0%, up from 19.5% in Q3 2024[6] Future Outlook - The company anticipates future share repurchases will be funded from available capital, depending on market conditions and regulatory considerations[24] - Management's forward-looking statements indicate expectations of growth opportunities in the workers' compensation insurance market, though actual results may differ due to various risks and uncertainties[23]
Rollins(ROL) - 2025 Q3 - Quarterly Results
2025-10-29 20:09
Exhibit 99.1 For Further Information Contact Lyndsey Burton (404) 888-2348 FOR IMMEDIATE RELEASE ROLLINS, INC. REPORTS THIRD QUARTER 2025 FINANCIAL RESULTS Double-Digit Revenue Growth Drives 20%+ EPS Growth and 30%+ Cash Flow Growth ATLANTA, GEORGIA, October 29, 2025: Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, reported unaudited financial results for the third quarter of 2025. • Third quarter revenues were $1 billion, an increase of 12.0 ...
Bausch Health(BHC) - 2025 Q3 - Quarterly Results
2025-10-29 20:09
Exhibit 99.1 Investor Contact: Media Contact: Garen Sarafian Katie Savastano (877) 281-6642 (toll free) (908) 541-3785 ir@bauschhealth.com corporate.communications@bauschhealth.com BAUSCH HEALTH ANNOUNCES THIRD QUARTER 2025 RESULTS LAVAL, QC, October 29, 2025 – Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) ("Bausch Health" or the "Company" or "we" or "our") today announced its third quarter 2025 financial results and other key updates from the quarter. "The third quarter marks our tenth consecutive quart ...
DaVita(DVA) - 2025 Q3 - Quarterly Results
2025-10-29 20:09
Contact: Investor Relations DaVita Inc. ir@davita.com DaVita Inc. 3rd Quarter 2025 Results Denver, Colorado, October 29, 2025 — DaVita Inc. (NYSE: DVA) announced financial and operating results for the quarter ended September 30, 2025. "Our third quarter performance was in line with our expectations and keeps us on track to achieve our full-year guidance," said Javier Rodriguez, CEO of DaVita. "Our consistent focus on providing outstanding care is the key to these results, enabling us to continuously invest ...
Green Brick Partners(GRBK) - 2025 Q3 - Quarterly Results
2025-10-29 20:09
Exhibit 99 GREEN BRICK PARTNERS, INC. REPORTS THIRD QUARTER 2025 RESULTS DILUTED EPS OF $1.77 AND NET INCOME OF $78M NET NEW HOME ORDERS OF 898, UP 2.4% YOY, A RECORD FOR ANY THIRD QUARTER HOME CLOSINGS REVENUE OF $499M, SECOND HIGHEST THIRD QUARTER ON RECORD NEW HOMES DELIVERIES OF 953, SECOND HIGHEST THIRD QUARTER ON RECORD HOMEBUILDING GROSS MARGINS OF 31.1%, TENTH CONSECUTIVE QUARTER ABOVE 30% PLANO, Texas, October 29, 2025 — Green Brick Partners, Inc. (NYSE: GRBK) ("Green Brick," "we," or the "Company" ...