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AON(AON) - 2025 Q2 - Earnings Call Presentation
2025-07-25 12:30
Financial Performance - Aon reported total revenue of $4155 million in Q2'25, an increase of 11% compared to $3760 million in Q2'24[10] - Organic revenue growth remained consistent at 6% in both Q2'25 and Q2'24[9, 10] - Adjusted operating income increased by 14% from $1029 million in Q2'24 to $1171 million in Q2'25[10, 16] - Adjusted earnings per share (EPS) grew by 19%, rising from $293 in Q2'24 to $349 in Q2'25[9, 10] - Free cash flow saw a significant increase of 59%, reaching $732 million in Q2'25 compared to $460 million in Q2'24[9, 10, 19] Business Segments - Commercial Risk Solutions and Reinsurance Solutions both experienced organic revenue growth of 6%[11] - Health Solutions also saw organic revenue growth of 6%[11] - Wealth Solutions experienced organic revenue growth of 3%[11] Guidance and Strategy - Aon reaffirms its confidence in achieving its full-year 2025 financial guidance[9] - The company's capital allocation strategy focuses on debt reduction, disciplined middle-market M&A, and returning capital to shareholders[9] - Aon is executing its Aon United strategy through the 3x3 Plan to meet client demand for advice and solutions[9]
TriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
Prnewswire· 2025-07-25 12:00
DUBLIN, Calif., July 25, 2025 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the second quarter ended June 30, 2025. The second quarter highlights below include non-GAAP financial measures which are reconciled later in this release."Our second quarter financial performance was in-line with our forecast and keeps us on track to achieve ...
Wabash Announces Second Quarter 2025 Results
Globenewswire· 2025-07-25 10:53
Core Insights - Wabash reported a net sales of $458.8 million for Q2 2025, a decrease of 16.7% compared to Q2 2024 [2][7] - The company experienced a GAAP operating loss of $4.8 million, primarily due to a $5 million loss related to a legal verdict [2][7] - Total backlog as of June 30, 2025, was approximately $1.0 billion, indicating a cautious approach from customers regarding capital spending [3][7] Financial Performance - Consolidated gross profit for Q2 2025 was $41.4 million, representing 9.0% of sales, down from 16.2% in Q2 2024 [2][8] - Non-GAAP adjusted operating loss for the quarter was $0.1 million, while GAAP diluted earnings per share were $(0.23) [2][7] - The company reduced its full-year revenue outlook to approximately $1.6 billion and adjusted EPS guidance to a range of $(1.30) to $(1.00) [3][4] Market Environment - Demand in the trailer industry remains muted, with industry forecasts suggesting that 2025 shipment volumes will fall below basic replacement demand [4][7] - The company is cautiously optimistic about a return to growth in 2026 based on early discussions with customers and current industry forecasts [4][7] Business Segment Highlights - In Q2 2025, new trailers shipped totaled 8,640, down from 9,245 in Q2 2024, while new truck bodies shipped were 3,190, down from 3,925 [6][28] - Transportation Solutions segment net sales were $400.2 million, a decrease of 19.7% year-over-year, with an operating loss of $12.5 million [8][29] - Parts & Services segment net sales increased by 8.8% year-over-year to $59.7 million, with an operating income of $9.1 million [9][29]
ONEMAIN HOLDINGS, INC. REPORTS SECOND QUARTER 2025 RESULTS
Prnewswire· 2025-07-25 10:30
2Q 2025 Diluted EPS of $1.40 2Q 2025 C&I adjusted diluted EPS of $1.45 2Q 2025 Managed receivables of $25.2 billion Declared quarterly dividend of $1.04 per shareNEW YORK, July 25, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $214 million and net income of $167 million for the second quarter of 2025, compared to $92 million and $71 million, respectively, in the prior year quarter. Earnings ...
Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2025
Globenewswire· 2025-07-25 09:45
Core Viewpoint - Southside Bancshares, Inc. reported a decrease in net income and earnings per share for the second quarter of 2025 compared to the same period in 2024, primarily due to increased noninterest expenses and provisions for credit losses, despite growth in net interest income and noninterest income [1][3][10]. Financial Performance - Net income for the three months ended June 30, 2025, was $21.8 million, down from $24.7 million in 2024, a decrease of 11.6% [1][3]. - Earnings per diluted common share decreased to $0.72 from $0.81, a decline of 11.1% [1][3]. - Annualized return on average shareholders' equity was 10.73%, down from 12.46% in the same period last year [1][3]. - Annualized return on average assets was 1.07%, compared to 1.19% in 2024 [1][3]. Income and Expenses - Net interest income increased to $54.3 million, a rise of 1.2% from $53.9 million in the previous quarter [4][6]. - Noninterest income rose to $12.1 million, up 5.1% from $11.6 million in 2024 [6][11]. - Noninterest expenses increased by 9.8% to $39.3 million, primarily due to higher professional fees and salaries [8][14]. Asset Quality - Nonperforming assets increased to $32.9 million, or 0.39% of total assets, compared to $6.9 million, or 0.08% of total assets, in 2024 [23][24]. - The allowance for loan losses was $44.4 million, or 0.97% of total loans, slightly up from 0.92% in the previous year [24]. Balance Sheet Highlights - Total assets as of June 30, 2025, were $8.34 billion, a decrease from $8.52 billion at the end of 2024 [16][38]. - Total loans were $4.60 billion, a slight increase of 0.3% from $4.59 billion in 2024 [16][17]. - Total deposits increased to $6.63 billion, up 2.1% from $6.50 billion in 2024 [18][19]. Capital and Liquidity - The company had $2.33 billion in total available contingent liquidity as of June 30, 2025 [22][21]. - The company repurchased 424,435 shares of common stock at an average price of $28.13 per share during the second quarter [21].
Heritage Commerce Corp Reports Second Quarter and First Six Months of 2025 Financial Results
Globenewswire· 2025-07-24 21:06
SAN JOSE, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) today announced its financial results for the second quarter and six months ended June 30, 2025. All data are unaudited. REPORTED SECOND QUARTER 2025 HIGHLIGHTS: Net IncomeEarnings Per SharePre-Provision Net Revenue ("PPNR")(1)Fully Tax Equivalent ("FTE") Net Interest Margin(1)Efficiency Ratio(1)Tangible Book Value Per Share(1) <td ...
Primis Financial Corp. Reports Earnings per Share for the Second Quarter of 2025
Prnewswire· 2025-07-24 21:00
Declares Quarterly Cash Dividend of $0.10 Per ShareMCLEAN, Va., July 24, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income available to common shareholders of $8.4 million, or $0.34 per diluted share, for the quarter ended June 30, 2025, compared to $3.4 million, or $0.14 per diluted share, for the quarter ended June 30, 2024. For the six months ended June 30, 2025, the Company reported ...
Midland States Bancorp, Inc. Announces 2025 Second Quarter Results
Globenewswire· 2025-07-24 20:31
EFFINGHAM, Ill., July 24, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $9.8 million, or $0.44 per diluted share, for the second quarter of 2025, compared to net income available to common shareholders of $23.5 million, or $1.06 per diluted share, for the second quarter of 2024. This also compares to a net loss of $143.2 million, or $6.58 per diluted share, for the first quarter of 2025, which included impai ...
Knowles(KN) - 2025 Q2 - Earnings Call Presentation
2025-07-24 20:30
0 7 . 2 4 . 2 5 2 nd Quarter 2025 Earnings Release Supplemental Information Safe Harbor Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, such as statements about our future plans, objectives, expectations, financial performance, and continued business operations. The words "believe," "expect," "anticipate," "project," "estimate," "budget," "continue," "could ...
First Western Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-24 20:30
Second Quarter 2025 Summary Total loans increased $115 million, or 4.7%, from $2.43 billion as of Q1 2025 to $2.54 billion as of Q2 2025Net interest margin increased 6 basis points from 2.61% in Q1 2025 to 2.67% in Q2 2025Net interest income increased $0.4 million from $17.5 million in Q1 2025 to $17.9 million in Q2 2025Non-interest expense decreased $0.3 million from $19.4 million in Q1 2025 to $19.1 million in Q2 2025Net income available to common shareholders of $2.5 million, or $0.26 per diluted share, ...