M&T Bank (MTB) Q2 2025 Earnings Call July 16, 2025 11:00 AM ET Company ParticipantsSteven Wendelboe - SVP - Market & IRDaryl Bible - CFOChristopher Mcgratty - MD & Head of U.S. Bank ResearchEbrahim Poonawala - MD & Head - North American Banks ResearchManan Gosalia - Head - U.S. Midcaps Banks ResearchGerard Cassidy - Managing DirectorConference Call ParticipantsKen Usdin - Co-Head - Autonomous US & Senior Analyst - US Large-Cap BanksSteven Alexopoulos - Senior Analyst - U.S. Large Cap BanksPeter Winter - MD ...

Ingersoll Rand (IR) Q1 2025 Earnings Call May 02, 2025 08:00 AM ET Speaker0 Hello, and welcome to the Ingersoll Rand Q1 twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Matthew Fort, Vice President of Investor Relations. You may begin. Speaker1 Thank you, and welcome to the Ingersoll Rand twenty twenty five First Quarter Earnings Call. ...

Core Insights - Banc of California reported Q1 2025 net income of $43.6 million or $0.26 per share, indicating strong core earnings despite economic uncertainties [5] - The company achieved a loan production of $2.6 billion, reflecting a 6% annualized growth rate, with a new loan yield of 7.20% [10][14] - Management has adopted a conservative approach to risk ratings, resulting in an increase in classified loans, with 84% of new classified loans remaining current [12][14] Financial Performance - Net interest margin expanded by 4 basis points to 3.08% in Q1 2025, driven by a decline in the cost of funds [14] - Total noninterest income was $33.7 million, consistent with the normalized run rate [15] - The adjusted loan growth outlook for 2025 has been revised to mid-single digits due to economic uncertainties [6] Shareholder Returns - The company completed a $150 million share repurchase in Q1 2025, repurchasing 6.8% of shares, and announced an additional $150 million buyback authorization, bringing the total to $300 million [10][6] - The buyback program is intended to be executed opportunistically, reflecting the company's commitment to enhancing shareholder value [9][10] Risk Management - The allowance for credit losses (ACL) ratio stands at 1.1% of total loans, with an economic coverage ratio of 1.66% [3][12] - The company has adopted a conservative posture on risk ratings, leading to additional credit downgrades, but maintains that the majority of classified loans are current and well-collateralized [12][14] - The company is monitoring economic conditions closely and remains cautious in loan production [19][20] Market Positioning - Banc of California is capitalizing on its strong market position in Southern California, filling the void left by banks that exited the market [17][18] - The company is focused on attracting new business relationships and expanding its loan portfolio, particularly in lower-risk categories [16][18] - Management believes that the current economic environment presents opportunities for growth despite uncertainties [34][66]