Atlantic Union Bankshares (AUB) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Company ParticipantsBill Cimino - SVP - IRJohn C. Asbury - President and Chief Executive OfficerRobert Gorman - Executive VP & CFORussell Gunther - Managing DirectorDavid Ring - EVP & Wholesale Banking Group Executive of Atlantic Union BankDavid Bishop - Director - ResearchDoug Woolley - Chief Credit OfficerBrian Wilczynski - Vice President - Equity ResearchCatherine Mealor - Managing DirectorConference Call ParticipantsNone - A ...

First Merchants (FRME) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Thank you for standing by, and welcome to the First Merchants Corporation Second Quarter twenty twenty five Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward looking statements with respect to future performance and financial condition of First Merchants Corporation that involve risks and uncertainties. Further information is contained within the press release, which ...

Bridgewater Bancshares (BWB) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Good morning and welcome to the Bridgewater Bancshares twenty twenty five Second Quarter Earnings Call. My name is Chad and I will be your conference operator today. All participants have been placed in listen only mode. After Bridgewater's opening remarks, there will be a question and answer session. Please note that today's call is being recorded.At this time, I would like to introduce Justin Horstman, Vice President of I ...

Financial Data and Key Metrics Changes - The company reported net income of $20 million for the second quarter, equating to $0.69 per share, while loan outstandings contracted by $31.9 million during the quarter [3] - Year-to-date commercial loan production was $507 million compared to $422 million in the prior year, but loan outstanding contracted by $25.4 million compared to growth of $117.6 million in the prior year [4] - Deposits decreased by $75.8 million during the quarter, primarily due to seasonal declines in public funds deposits and broker deposits, but excluding these declines, deposits increased by $77.5 million [4] - The net interest margin (NIM) reported was 3.2%, an increase of 11 basis points from the prior quarter, with core NIM at 3.24%, expanding by 12 basis points compared to the first quarter [6] Business Line Data and Key Metrics Changes - Noninterest income increased by $521,000 or 2.5% compared to the second quarter of 2024, driven by increases in investment management fees, gains on sale of SBA loans, and treasury management fees [7] - Noninterest expense increased by $1.6 million or 3.3% compared to the second quarter of 2024, primarily due to compensation costs, including annual merit increases and medical costs [7] Market Data and Key Metrics Changes - The company expects loan growth of approximately 1% to 3% for the full year and net interest income growth of 10% to 12% compared to 2024 [8] - The provision for credit loss guidance remains unchanged at $12 million to $14 million for 2025, with the provision being event-driven [8] Company Strategy and Development Direction - The company will continue to be active in share buybacks, viewing it as a good use of capital, while M&A is not an immediate strategic priority but remains an option for the future [17] - The company is focused on managing expenses prudently, with a revised expense growth forecast of 2% to 4% [15] Management Comments on Operating Environment and Future Outlook - Management noted that loan activity and origination remain strong, despite being impacted by significant payoff activity in the first half of the year [14] - The competitive environment for deposits is tough, with ongoing efforts to grow deposits through targeted campaigns [20] - For the third quarter, core NIM is expected to pull back slightly due to the repricing of sub debt issuance and higher cost public funds [21] Other Important Information - The company reported $7.8 million of net charge-offs predominantly related to one credit, which accounted for $7.3 million of the charge-offs, with credit quality remaining strong overall [5] Q&A Session Summary Question: Update on loan growth and expenses - Loan growth is expected to be 1% to 3%, with interest income growth of 10% to 12%, and expenses are projected to grow by 2% to 4% [12] Question: Changes in loan environment and competition - Loan activity is strong, but significant payoff activity has impacted growth; management anticipates a slowdown in prepayment activity in the second half of the year [14] Question: Strategy for capital deployment - The company will continue share buybacks and is open to M&A opportunities, particularly on the non-bank side [17] Question: Deposit competition outlook - The competitive environment for deposits is challenging, with ongoing efforts to grow deposits through targeted campaigns [20] Question: NIM trajectory outlook - Core NIM is expected to pull back slightly in the third quarter, with a flat to slightly up trend thereafter, assuming stable interest rates [21]

Geneva, Switzerland, July 24, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the strategic advantages that Swiss financial institutions can gain by adopting quantum technologies early, particularly through SEALSQ’s ongoing cooperation with Wecan, a Swiss-based provider of secure digital infrastructure for financial institutions. Qua ...

Berkshire Hills Bancorp (BHLB) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Thank you for standing by. My name is Carly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Berkshire Hills Bancorp Second Quarter Earnings Conference 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.Thank you. I would now like to turn the call over to Kevin Kahn. Please go ...

Live Oak Bancshares (LOB) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Good morning, ladies and gentlemen, and welcome to Live Oak Bancshares Second Quarter twenty twenty five Earnings Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. I would now like to turn the conference call over to Greg Seward, Chief Risk Officer and General Counsel. Please go ahead.Speaker1Thank you, and good morning, everyone. Welcome to Live ...

Colony Bankcorp (CBAN) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Morning, ladies and gentlemen, and welcome to the Colony Bank Second Quarter twenty twenty five Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you need assistance, please press 0 for the operator. This call is being recorded on Thursday, 07/20/2025.I would now like to turn the conference over to Bradley ...

Atlantic Union Bankshares (AUB) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Thank you for standing by and welcome to the Atlantic Union Bancshares Second Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Bill Cimino, Senior Vice President, Investor Relations.P ...

Origin Bancorp (OBK) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Morning, and welcome to the Origin Bancorp Inc. Second Quarter Earnings Conference Call. My name is Tom, and I'll be your Evercore Coordinator. The format of the call includes prepared remarks from the company followed by a question and answer session. All attendees will be on a listen only mode until the Q and A portion of the call.Please note this event is being recorded. I would now like to turn the conference call over to Chris ...