Financial Data and Key Metrics Changes - The company reported an adjusted net income of $118 million or $1.37 per share for the second quarter, compared to $120 million or $1.38 per share in the first quarter [12] - The net interest margin (NIM) expanded by six basis points, reaching 1.37% after adjusting for transaction-related expenses [5][12] - Total loans increased by $364 million or 6% annualized, driven by stronger demand and increased line utilization [5][12] - Total deposits decreased by $148 million, primarily due to a reduction in certificates of deposit (CDs) [6][12] Business Line Data and Key Metrics Changes - Fee income grew by $4 million or 4%, with trust fees being the primary driver of this growth [12][13] - The efficiency ratio improved to 54.91% from 55.22% in the previous quarter, indicating better cost management [13] - The company added 10 net new bankers during the quarter, contributing to its organic growth strategy [8] Market Data and Key Metrics Changes - The company reported a solid allowance for credit losses at 1.45%, indicating a strong position to navigate economic challenges [10] - Criticized commercial loans decreased by 4% to $594 million, while nonaccrual loans decreased by 9% to $95 million [18] Company Strategy and Development Direction - The company remains focused on organic growth, with a guidance of low single-digit loan growth for 2025, inferring mid single-digit growth for the second half of the year [6][12] - The company is optimistic about its growth prospects, particularly in the Dallas market, with plans to open five new financial centers [9] - The acquisition of Sable Trust Company is expected to enhance the company's capabilities and client base [7][12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the dynamic macroeconomic environment but expressed confidence in the company's ample liquidity and strong capital ratios [10] - The management noted that clients have become less sensitive to economic headlines and are returning to making business decisions based on facts [30] - The company expects modest NIM expansion and net interest income (NII) growth of 3-4% for the year [17] Other Important Information - The company repurchased 750,000 shares of common stock during the quarter, reflecting its commitment to returning capital to shareholders [7][19] - The company anticipates two rate cuts of 25 basis points in September and December, which may impact deposit costs and NIM [17][44] Q&A Session Summary Question: What is the target CET1 ratio for buybacks? - Management indicated a comfortable operating range for Tier 1 common capital between 11% and 11.5% and around 8% for TCE [23][24] Question: What is the outlook for loan growth and borrower health? - Management noted that net new loans to new clients are the primary driver for growth, with a positive outlook barring macroeconomic changes [29][30] Question: Can you provide more insight into NIM outlook? - Management expects NIM to continue expanding in the second half of the year, driven by loan growth and reduced deposit costs [41][44] Question: How much of the expense base came from the Sable acquisition? - The increase in expenses related to Sable was approximately $2.5 million for the quarter [50] Question: What is the outlook for criticized loans? - Management reported a decrease in criticized loans and expressed confidence in the portfolio's health moving forward [105][106] Question: What is the company's stance on M&A? - Management reiterated that M&A is not a current focus but remains opportunistic for the future [58][112]

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NEW YORK, July 15, 2025 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) (the "Fund") has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on August 15, 2025, has a record date of July 31, 2025, and has an ex-date of July 31, 2025. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.T ...

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, August 6, 2025 to announce its financial results for the second quarter ended June 30, 2025. The Company will report its quarterly financial results on Tuesday, August 5, 2025. The conference call will be available via public webcast via a link on Carlyle Secured Lending’s website at carlylesecuredlending.com and will also be availab ...

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RT frankie (@FrankieIsLost)onchain trading, capital formation, and payments are nearing the point where they’re just better products than offchain alternatives. once we cross that threshold things will change fast ...

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Key Takeaways Devon Energy focuses on high-return Delaware Basin projects to drive efficient production growth DVN plans $3.7-$3.9B in 2025 capex to sustain free cash flow and shareholder returns. DVN trades at 3.59X EV/EBITDA TTM compared with industry average of 11.31X, suggesting undervaluation.Devon Energy Corporation (DVN) , a leading independent oil and gas producer, has leveraged systematic capital investment to solidify its competitive position in the Zacks Oil and Gas – Exploration and Production ...

证券代码：603955 证券简称：大千生态 大千生态环境集团股份有限公司 募集资金使用可行性分析报告 二〇二五年七月 一、本次募集资金的使用计划 本次向特定对象发行 A 股股票募集资金总额不超过 85,000.00 万元（含本数）， 扣除发行费用后的募集资金净额全部用于补充流动资金。 的资本市场形象 际控制人，其控制的企业步步高投资成为公司控股股东。 截至本可行性分析报告出具日，步步高投资持有公司 18.09%的股份，系公 司控股股东。本次认购对象为步步高投资，本次发行完成后，步步高投资持有上 市公司股份数量进一步增加，持股比例进一步上升，有利于维护上市公司控制权 的稳定。同时，本次发行充分展示了实际控制人对公司支持的决心以及对公司未 来发展的坚定信心，有利于向市场以及中小股东传递积极信号，促进公司的长期 稳定发展。 若本次向特定对象发行股票募集资金总额因监管政策变化或发行注册文件 的要求予以调整的，则届时将相应调整。 二、本次募集资金投资项目的必要性和可行性分析 （一）项目基本情况 本次向特定对象发行股票募集资金扣除发行费用后用于补充流动资金，以满 足公司业务发展的需要，推动公司业务持续稳定发展，进一步增强 ...

Venture gets a rare Native American-led fund in Betsy Fore's Velveteen Ventures | TechCrunch https://t.co/3ySNnpGC2u ...