2025 WESTERN BANK FORUM MARCH 10 - 11, 2025 MARINA DEL REY, CALIFORNIA INVESTOR PRESENTATION SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Sierra Bancorp's management and are: Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Sierra Bancorp's actual results to differ materially ...

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Proceeds will be used to repay debtRogers will maintain full operational control of its wireless network TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has closed its CDN$7 billion equity investment from funds managed by Blackstone, backed by leading Canadian institutional investors. Blackstone has acquired a non-controlling interest in a new Canadian subsidiary of Rogers that owns a portion of Rogers wireless backhaul transport inf ...

Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...

December 2024 Investor Presentation NASDAQ: WASH Disclaimers 2 Summary of December Strategic Actions Common stock offering and balance sheet repositioning will result in improved future earnings, higher capital levels to support growth and an improved interest rate risk profile | | | Announced common stock offering on 12/12/2024 | | | --- | --- | --- | --- | | 1 | Common Stock | Issued ~2.2 million new shares at $34 per/share o 6.3% discount to last sale (12/12/2024) | $70 million(1) | | | Offering | Net ca ...

Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...

NEW YORK, June 16, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), announced today that the firm, on behalf of its clients' accounts, has invested $300 million in Hudson Pacific Properties, Inc, (NYSE: HPP), a leading West Coast office REIT, as a cornerstone investor to support HPP's balance sheet recapitalization. The purchase reflects 43% of HPP's $690 million offering.Jason Yablon, Executive Vice President and Head of Listed Real Estate, said:"We believe the West Coast office market recovery is un ...

What do you take away from the market dynamics and how they've been trading. The violence in the Middle East over the last 24 hours or so. Because, yes, we've seen a bit of a pick up in oil prices, but a lot of that was unwound as we've been through the last few hours.And I wonder what that tells us about the market's response function. Yet beyond the humanitarian tragedy of the fact that we've got a war going on, from a markets point of view, this is very much an inflationary impulse rather than a risk off ...

Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...

Core Viewpoint - Commerce Bancshares, Inc. (CBSH) is positioned for top-line growth due to strong loan demand and high interest rates, although concerns about weak asset quality and elevated expenses persist [1] Group 1: Growth Drivers - Solid loan balances have recorded a compound annual growth rate (CAGR) of 3.2% from 2019 to 2024, contributing to revenue growth despite a decline in 2020, with a five-year CAGR of 4.2% [2] - Total revenues are expected to grow at a CAGR of 2.7% by 2027, with capital market fees projected to grow at 5.1% and loan fees and sales at 5% [3] Group 2: Interest Rates and Balance Sheet Strategy - The Federal Reserve's steady interest rates will support CBSH's net yield on interest-earning assets, which expanded to 3.47% in 2024 from 3.16% in 2023 and is expected to reach 3.75% by 2027 [4][5] - CBSH's balance sheet repositioning strategy, initiated in May 2024, involves selling debt securities and reinvesting proceeds at higher yields, which is anticipated to boost growth [4] Group 3: Capital and Liquidity Position - As of March 31, 2025, CBSH had total debt of $624.7 million and cash and due from banks totaling $3.3 billion, indicating strong earnings capacity to meet debt obligations [6] - CBSH has a history of consistent capital distribution, including a 5% stock dividend for over 25 years and a share repurchase program, enhancing shareholder value [7] Group 4: Near-Term Challenges - Asset quality has been deteriorating, with a significant rise in provisions for credit losses recorded in 2022 and 2023, and total net loan charge-offs (NCOs) showing a CAGR of 2.8% over four years ending in 2024 [8][9] - Non-interest expenses have increased at a CAGR of 4.4% over the last five years, primarily due to higher salaries and benefits, and are expected to continue rising amid technology investments and inflationary pressures [11]