AMERISAFE (AMSF) Q2 2025 Earnings Call July 25, 2025 10:30 AM ET Speaker0Good day, and welcome to the Amerisafe Second Quarter twenty twenty five Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Kathryn Shirley. Please go ahead.Speaker1Thank you, operator, and good morning, everyone. Welcome to the Amerisafe twenty twenty five second quarter investor call. If you have not received the earnings release, it is available on our website at amerisafe. ...

Second quarter comparable store sales growth of 4.1%11% increase in second quarter diluted earnings per share to $0.78$1.51 billion net cash provided by operating activities year-to-date SPRINGFIELD, Mo., July 23, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue and earnings for its second quarter ended June 30, 2025. 2nd Quarter Financial Results Brad Beckham, O’Reilly’s ...

LOUISVILLE, Ky., July 23, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company’s Board of Directors approved a $500 million share repurchase program. The new share repurchase program replaces the prior $500 million program that was authorized in March 2025. The new share repurchase program includes and is not in addition to any repurchase authority remaining under the prior authorization. Share repurchases may be made at management’s ...

Core Points - Jyske Bank has initiated a share repurchase program valued at up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026 [1] - The program is structured in compliance with the EU Market Abuse Regulation and Safe Harbour Rules [1] Summary of Transactions - As of the latest announcement, Jyske Bank has repurchased a total of 1,327,903 shares at an average price of DKK 564.14, amounting to a total value of DKK 749,118,991 [2] - The accumulated shares represent 2.16% of the company's share capital [2]

Financial Data and Key Metrics Changes - Outstanding loans increased by $271 million or 4.3% in the second quarter, while core deposits rose by $342 million or 5.3% [3][4] - Net interest margin (NIM) expanded by 15 basis points to 3.83%, marking the seventh consecutive quarter of margin expansion [4][12] - Reported earnings per share for the second quarter was $1.76, a 21% increase from the first quarter [5][14] - Tangible book value per share increased by over 4%, reaching $68.44, representing the tenth consecutive quarter of book value accretion [5][14] Business Line Data and Key Metrics Changes - Total loan originations and draws were approximately $570 million at a weighted average coupon of 7.72% [9] - The second quarter provision expense was $6.4 million, reflecting continued loan growth and adverse macroeconomic factors [7][15] - Non-interest income decreased by $1 million primarily due to the recognition of BaaS program fees in the prior period [15] Market Data and Key Metrics Changes - Deposit growth was concentrated in the municipal, trustee, and lending verticals, with a total deposit increase of about $340 million [11] - The cost of interest-bearing deposits declined by 13 basis points, driven by a mix change and hedging activity [11][12] Company Strategy and Development Direction - The company aims to capture additional market share and strategically position itself to enhance shareholder value [8] - Continued investment in a new technology stack is expected to support the bank's growth for years to come [6][8] - The strategic plan emphasizes strong credit underwriting, core funding, and disciplined risk management [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the outlook for further balance sheet growth despite ongoing market uncertainties [4][6] - The company does not anticipate significant negative trends in asset quality across any loan segment or geography [6] - Management expects modest further expansion of NIM as loan yields increase and funding costs decline [12] Other Important Information - The company successfully completed a $50 million share repurchase program and announced a second $50 million program [4][5] - The effective tax rate for the quarter was approximately 30%, expected to remain consistent for the remainder of the year [16][17] Q&A Session Summary Question: Plans for capital raising near term - Management indicated that they likely do not plan to raise capital in the near term but are continuously reevaluating opportunities [20] Question: Plans for ramping fee-based revenues - Management confirmed that they are focused on replacing low-cost deposits and increasing non-interest income through strategic opportunities [21] Question: Loan originations mix - Management clarified that the current mix is due to timing and expects a balanced mix between commercial and commercial real estate by year-end [22] Question: Clarification on provision tied to specific credit - Management confirmed that $2.4 million of the $6.4 million provision was tied to an existing non-accrual loan [23] Question: Expense guidance clarification - Management confirmed that the expense guidance includes all costs, including digital transformation expenses [27] Question: Future of deposit growth in municipal vertical - Management expressed confidence in continued growth and stability in the municipal deposit vertical and other verticals [31][33] Question: Impact of Medicaid concerns on skilled nursing loan portfolio - Management does not expect cuts to resident payments to nursing homes, indicating stability in the skilled nursing loan portfolio [38]

Core Points - Jyske Bank has initiated a share repurchase program that will run from February 26, 2025, to January 30, 2026, with a total value of up to DKK 2.25 billion [1] - The program is structured in compliance with the EU Market Abuse Regulation and Safe Harbour Rules [1] Summary of Transactions - As of the latest announcement, Jyske Bank has repurchased a total of 1,264,838 shares at an average purchase price of DKK 559.76, with a total transaction value of DKK 708,000,781 [2] - The share repurchase program has seen transactions on specific dates, with notable purchases on July 7, 8, 9, 10, and 11, 2025, with average prices ranging from DKK 649.86 to DKK 660.36 [2] - Following these transactions, Jyske Bank now holds treasury shares equivalent to 2.06% of its share capital [2]

Core Points - Jyske Bank has initiated a share repurchase program valued at up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026 [1] - The program is structured in compliance with the EU Market Abuse Regulation and Safe Harbour Rules [1] Summary of Transactions - As of the latest announcement, Jyske Bank has repurchased a total of 1,215,249 shares, representing 1.98% of its share capital [2] - The average purchase price of the shares acquired under the program is DKK 555.83, with a total transaction value of DKK 675,472,481 [2] - Specific transactions include: - On June 30, 2025, 10,000 shares were purchased at an average price of DKK 642.03, totaling DKK 6,420,252 - On July 1, 2025, 19,757 shares were purchased at DKK 638.46, totaling DKK 12,614,131 - On July 2, 2025, 8,834 shares were purchased at DKK 645.34, totaling DKK 5,700,977 - On July 3, 2025, 12,121 shares were purchased at DKK 650.63, totaling DKK 7,886,235 - On July 4, 2025, 6,875 shares were purchased at DKK 644.69, totaling DKK 4,432,271 [2]

Core Viewpoint - NuVista Energy Ltd. has revised its annual production guidance to approximately 83,000 Boe/d due to delays in commissioning the Pipestone Gas Plant and additional work during the Wapiti Turnaround, impacting production volumes by about 3,500 Boe/d and 6,000 Boe/d respectively [1][11]. Production Guidance - The revised annual production guidance for 2025 is approximately 83,000 Boe/d, down from the original estimate of 90,000 Boe/d [11]. - The second quarter production estimate is approximately 73,500 Boe/d, compared to the original guidance of 75,000 – 77,000 Boe/d [11]. - Production in the second quarter averaged approximately 73,500 Boe/d, while the company expects to exceed 100,000 Boe/d in the fourth quarter due to 43 new wells coming online [3][5]. Operational Updates - The Wapiti Turnaround, which occurs every four years, has revealed additional work necessary for major life extension and improved reliability of the plant [2]. - The company has achieved a record production of just under 90,000 Boe/d in the first quarter of 2025 [5]. Financial Strategy - NuVista is committed to its shareholder return strategy, with plans to generate approximately $150 million in free adjusted funds flow in the second half of 2025, primarily directed towards a share repurchase program [4]. - The company aims to maintain debt levels below a soft ceiling of $350 million, allowing flexibility in capital plans [4][18]. Market Position - NuVista focuses on the condensate-rich Montney formation in Alberta, which has significant potential for shareholder value due to high-value condensate volumes associated with natural gas production [6].

Core Viewpoint - Nexxen International Ltd. has repurchased 800,000 Ordinary Shares at an average price of $10.45 during June 2025, indicating a commitment to returning value to shareholders [1] Company Summary - As of June 30, 2025, Nexxen had 58,941,174 Ordinary Shares outstanding, excluding treasury shares, and approximately $16.4 million remaining under its current share repurchase program authorization [2] - Nexxen operates as a global advertising technology platform, specializing in data and advanced TV, providing a flexible and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3][4] - The company's capabilities encompass discovery, planning, activation, monetization, measurement, and optimization, designed to meet the diverse needs of advertisers, agencies, publishers, and broadcasters [3]

Core Viewpoint - ATRenew Inc. has authorized a new share repurchase program allowing the company to buy back up to US$50 million of its shares over a 12-month period starting from June 30, 2025 [1][2] Company Overview - ATRenew Inc. is a leading technology-driven platform for pre-owned consumer electronics transactions and services in China, headquartered in Shanghai [3] - The company was founded in 2011 and aims to give a second life to idle goods, addressing the environmental impact of pre-owned electronics through recycling and trade-in services [3] - ATRenew integrates C2B, B2B, and B2C capabilities, providing end-to-end coverage of the value chain with proprietary inspection, grading, and pricing technologies [3] - The company is a participant in the United Nations Global Compact, adhering to principles of responsible business [3] Share Repurchase Program Details - The share repurchase may occur on the open market at prevailing prices, through privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions [2] - The board of directors will periodically review the program and may adjust its terms and size as necessary [2] - The repurchases are expected to be funded from the company's existing cash balance [2]