Core Insights - Central Bancompany, Inc. reported record profitability for the year 2025, with a focus on customer service and community engagement [4] - The company aims to prudently grow its business and enhance technology in 2026 following a successful 2025 [4] Financial Highlights for Q4 2025 - Net interest income reached $206.5 million, with a GAAP net interest margin of 4.38% [5][8] - Average earning assets increased to $18.7 billion, up 3.4% from the previous quarter [6] - GAAP net income was $107.6 million, or $0.47 per diluted share, compared to $97.1 million and $0.44 in the prior quarter [8] - Total loans held for investment were $11.4 billion, reflecting a 1.0% increase from the previous quarter [10] - Total deposits rose to $15.9 billion, a 5.9% increase year-over-year [11] Financial Highlights for Full Year 2025 - Net interest income for the year was $789.7 million, an increase of $102.3 million from the prior year [9] - Full-year net interest margin improved to 4.30%, up 46 basis points from 2024 [9] - Noninterest income totaled $231.7 million, up $21.3 million from the previous year [16] - Total deposits increased by approximately $0.9 billion, or 5.9%, year-over-year [11] Asset Quality - Nonperforming loans were $46.0 million, representing 40 basis points of loans held for investment, down from 45 basis points in the prior quarter [21] - The allowance for credit losses was $149.7 million, or 1.31% of loans held for investment [13] Capital Position - The CET1 ratio was 28.1%, indicating strong capital levels with $1.8 billion of excess capital compared to the long-term target of 13.5% [24][25] - Book value per share was $15.69, while tangible book value was $14.24 [25]
Central Bancompany, Inc. Reports Fourth Quarter and Full-Year 2025 Results