Community Bank System (CBU) Q1 2025 Earnings Call April 29, 2025 04:00 PM ET Speaker0 Good day, and welcome to the Community Financial System Inc. First Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note that this event is being recorded. I would now like to turn the conference over to Dimitar Karaivanov, President and CEO. Please go ahead. Speaker1 Thank you, Segar. Good ...

Community Bank System (CBU) Q1 2025 Earnings Call April 29, 2025 11:00 AM ET Company Participants Dimitar Karaivanov - President & CEOMarya Burgio Wlos - EVP & CFOFrank Schiraldi - Managing DirectorSteve Moss - DirectorJoseph Sutaris - SVP & Head of Investor RelationsMatthew Breese - Managing DirectorChristopher O'Connell - Director - Equity Research Conference Call Participants Manuel Navas - MD & Senior Research Analyst Operator Good day, and welcome to the Community Financial System Inc. First Quarter tw ...

Core Insights - Broadway Financial Corporation reported a consolidated net loss before preferred dividends of $451 thousand, or ($0.05) per diluted share, for Q1 2025, compared to a net loss of $164 thousand, or ($0.02) per diluted share, for Q1 2024 [1][2] - The net loss attributable to common stockholders was $1.2 million in Q1 2025 after deducting preferred dividends of $750 thousand, compared to a net loss of $164 thousand in Q1 2024 [1][2] - The company experienced a 6.9% increase in net interest income, totaling $8.0 million in Q1 2025, driven by lower interest expenses on borrowings and increased interest and fees on loans [2][5] Financial Performance - Net interest income before provision for credit losses increased by $521 thousand, or 6.9%, from $7.5 million in Q1 2024 to $8.0 million in Q1 2025 [5][9] - The net interest margin improved to 2.70% in Q1 2025, up 43 basis points from 2.27% in Q1 2024, due to an increase in the average rate earned on interest-earning assets [7][9] - Total deposits grew by $31.1 million, or 4.2%, to $776.5 million at March 31, 2025, compared to $745.4 million at December 31, 2024 [4][15] Credit Quality - The provision for credit losses increased to $689 thousand in Q1 2025 from $260 thousand in Q1 2024, primarily due to one new non-accrual loan [10][12] - Non-accrual loans to total assets stood at 0.09%, and non-performing loans to total assets were at 0.07% as of March 31, 2025, indicating strong credit quality [10][12] Non-Interest Expense - Total non-interest expense rose by $444 thousand, or 5.7%, to $8.3 million in Q1 2025, mainly due to a $1.0 million increase in compensation and benefits expense [11][12] - The increase in compensation and benefits was attributed to the addition of full-time employees to enhance operational capabilities [11][12] Tax and Capital - The company recorded an income tax benefit of $156 thousand for Q1 2025, compared to $57 thousand for Q1 2024, reflecting a decrease in pre-tax income [12][17] - Stockholders' equity was $286.0 million, or 23.3% of total assets, at March 31, 2025, compared to $285.2 million, or 21.9% of total assets, at December 31, 2024 [17][18]

LOS ANGELES, April 25, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2025. Preferred Bank ("the Bank") reported net income of $30.0 million or $2.23 per diluted share for the first quarter of 2025. This represents a small decrease in net income of $197,000 from the prior quarter and a decrease of $3.4 million from the same quarter last year. The decrease compared to both periods was mainly due to ...

West Bancorporation, Inc. (NASDAQ:WTBA) Q1 2025 Earnings Conference Call April 24, 2025 3:00 PM ET Company Participants Jane Funk - Chief Financial Officer David Nelson - Chief Executive Officer Harlee Olafson - Chief Risk Officer Brad Winterbottom - Bank President Bradley Peters - Minnesota Group President Conference Call Participants Andrew Liesch - Piper Sandler Operator Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyon ...

First Internet Bancorp (NASDAQ:INBK) Q1 2024 Earnings Conference Call April 24, 2025 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman and CEO Nicole Lorch - President, Chief Operating Officer and Corporate Secretary Ken Lovik - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Switzer - KBW Nathan Race - Piper Sandler Brett Rabatin - Hovde Group Logan Lillehaug - Craig Hallum Operator Good day, everyone, and welcome to the ...

CVB Financial Corp. (NASDAQ:CVBF) Q1 2025 Earnings Conference Call April 24, 2025 10:30 AM ET Company Participants Allen Nicholson - EVP, CFO Dave Brager - President and CEO Conference Call Participants Gary Tenner - D.A. Davidson Andrew Terrell - Stephens David Feaster - Raymond James Adam Butler - Piper Sandler Tim Coffey - Janney Montgomery Kelly Motta - KBW Operator Good day and welcome to the CVB Financial Corp. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen ...

Colony Bankcorp, Inc. (NYSE:CBAN) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Brantley Collins – Communications Manager Heath Fountain – Chief Executive Officer Derek Shelnutt – Executive Vice President and Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the Colony Bank First Quarter 2025 Conference Call. At this time all lines are in listen-only mode. Following the presentation, we will conduct a question-a ...

1Q25 Business Results April 2025 Disclaimer 1. The consolidated financial information of KB Financial Group Inc. (the "Group") presented herein is based on the Korean International Financial Reporting Standards(K- IFRS). It is currently being reviewed by the Group's independent auditor, and accordingly, is subject to change. 2. The consolidated financial information for 2022 and 2023 presented herein have been restated retrospectively based on the FSS's response to inquiry on Korean IFRS17(K-IFRS) 3. From 4 ...

Popular (BPOP) Q1 2025 Earnings Call April 23, 2025 11:00 AM ET Company Participants Paul Cardillo - Senior VP & Investor Relations OfficerIgnacio Alvarez - CEOJavier D. Ferrer - President & COOJorge Garcia - Executive VP & CFOLidio Soriano - Executive VP & Chief Risk Officer of Corporate Risk Management GroupFrank Schiraldi - Managing DirectorBen Gerlinger - Vice President of Equity ResearchGerard Cassidy - Managing DirectorTimur Braziler - Director - Mid-Cap Bank Equity ResearchJared Shaw - Managing Direc ...