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Central Pacific Financial (CPF) - 2025 Q2 - Earnings Call Presentation
2025-07-25 18:00
Financial Performance - Central Pacific Financial Corp (CPF) reported net income of $183 million, resulting in diluted earnings per share of $067 for 2Q25[13] - Pre-provision net revenue (PPNR) reached $289 million in 2Q25[13] - The return on assets (ROA) was 100% and the return on equity (ROE) was 1304% in 2Q25[13] - The net interest margin (NIM) expanded to 344%[13] Loan and Deposit Portfolio - Total assets reached $74 billion[8] - The loan portfolio is diversified, with 80% secured by real estate[16] - Total deposits amounted to $654 billion[18] - Noninterest-bearing demand deposits constitute 30% of the total deposit portfolio[20] Capital and Liquidity - The company maintains a strong liquidity position, with total sources of liquidity amounting to $2822 billion[43] - The investment portfolio is high quality, with 95% AAA rated and totals $13 billion, representing 18% of total assets[42] - The company repurchased 103077 shares of CPF common stock for $26 million, at $2500 per share[13, 46] Hawaii Economy - Construction completed in 2024 reached $14 billion[10] - Visitor spending totaled $9 billion as of May 2025, a 65% increase from the same period last year[11]
Red River Bancshares, Inc. Announces 25% Increase to Quarterly Cash Dividend
Globenewswire· 2025-07-24 20:30
ALEXANDRIA, La., July 24, 2025 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on July 24, 2025, its board of directors declared a quarterly cash dividend in an amount equal to $0.15 per share of common stock, up $0.03, or 25%, from $0.12 per share for the prior quarter. The cash dividend is payable on September 18, 2025, to shareholders of record as of the close of business on September 8, 2025. Blake Chatelain, President and Chief Executive Officer of the ...
M&T Bank Corporation (NYSE:MTB) announces second quarter 2025 results
Prnewswire· 2025-07-16 09:45
BUFFALO, N.Y., July 16, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $716 million or $4.24 of diluted earnings per common share. (Dollars in millions, except per share data) 2Q25 1Q25 2Q24 Earnings Highlights Net interest income $ 1,713 $ 1,695 $ 1,718 Taxable-equivalent adjustment 9 12 13 Net interest income - taxable-equivalent 1,722 1,707 1,731 Provision for credit losses 125 <td colspan ...
Huntington Bancshares Incorporated Announces Acquisition of Veritex and Provides Preliminary 2025 Second Quarter Results
Prnewswire· 2025-07-14 12:01
This strategic acquisition accelerates Huntington's strong organic growth in Texas by expanding its presence in Dallas/Fort Worth and Houston. As of March 31, 2025, Veritex reported approximately $13 billion in assets, $9 billion in loans, and $11 billion in deposits. "This combination supports our ambitions and reflects our long-term commitment to the state of Texas, one of the most dynamic and fastest-growing economies in the country," said Steve Steinour, Chairman, President and CEO of Huntington Bancsh ...
M&T Bank Corporation Announces Second Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-06-18 13:38
Core Viewpoint - M&T Bank Corporation is set to announce its second quarter 2025 earnings results on July 16, 2025, before the market opens, followed by a conference call and webcast to discuss the results [1]. Group 1: Earnings Announcement - The earnings results will be released in a press release prior to market opening on July 16, 2025 [1]. - A conference call and webcast will take place at 11:00 a.m. (ET) on the same day to discuss the earnings results [1]. Group 2: Participation Details - Domestic callers can participate by dialing toll-free (800) 347-7315, while international participants can call (785) 424-1755 [2]. - Callers should reference M&T Bank Corporation or the conference ID MTBQ225 during the call [2]. Group 3: Replay Information - A replay of the conference call will be available until July 23, 2025, through specific phone numbers for domestic and international participants [3]. - The webcast archive will be accessible on M&T's website by 3:00 p.m. on July 16, 2025 [3]. Group 4: Company Overview - M&T Bank Corporation is a financial holding company based in Buffalo, New York, with a banking network across the eastern U.S. [4]. - The principal banking subsidiary, M&T Bank, offers a range of banking products and services, including trust-related services in select markets [4].
New Strong Buy Stocks for June 9th
ZACKS· 2025-06-09 12:16
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:The E.W. Scripps Company (SSP) : This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.MYR Group Inc. (MYRG) : This electrical construction services company has seen the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days.Swedbank AB (publ) (SWDBY) : This banking products and services has seen the Zacks Consensus ...
Red River Bancshares, Inc. Announces Private Stock Repurchase
Globenewswire· 2025-05-22 20:30
Group 1 - The company announced a stock repurchase agreement for 100,000 shares at a purchase price of $5.1 million, reflecting a discount to the 10-, 20-, and 30-day volume weighted average price as of May 20, 2025 [1] - The repurchase is part of a previously announced $5.0 million repurchase program, which remains unaffected by this transaction, with approximately $4.7 million of remaining capacity under the program as of May 22, 2025 [1] - The company's President and CEO stated that the repurchase demonstrates a commitment to increasing shareholder value [1] Group 2 - Red River Bancshares, Inc. is the bank holding company for Red River Bank, which was established in 1999 and offers a comprehensive suite of banking products and services [2] - The bank operates 28 banking centers across Louisiana and has a combined loan and deposit production office in New Orleans [2] - The banking centers serve various markets in Louisiana, including Alexandria, Shreveport-Bossier City, Baton Rouge, Lake Charles, Covington, Lafayette, and New Orleans [2]
M&T Bank Corporation Announces Second Quarter Common Stock Dividend
Prnewswire· 2025-05-20 20:34
Core Points - M&T Bank Corporation has declared a quarterly cash dividend of $1.35 per share on its common stock [1] - The dividend is scheduled to be payable on June 30, 2025, to shareholders of record as of June 2, 2025 [1] Company Overview - M&T Bank Corporation is a financial holding company based in Buffalo, New York [2] - The principal banking subsidiary, M&T Bank, offers banking products and services through a network of branches and ATMs across the eastern U.S., from Maine to Virginia and Washington, D.C. [2] - Trust-related services are provided in select markets in the U.S. and internationally by M&T's Wilmington Trust-affiliated companies and M&T Bank [2]
Best Income Stocks to Buy for May 15th
ZACKS· 2025-05-15 12:55
Group 1: Usinas Siderurgicas de Minas Gerais (USNZY) - The company is Latin America's largest flat steel complex and ranks among the world's top twenty steel producers [1] - The Zacks Consensus Estimate for its current year earnings has increased by 50% over the last 60 days [1] - The company has a dividend yield of 4.7%, significantly higher than the industry average of 1.7% [1] Group 2: Bank of Hawaii (BOH) - The bank holding company provides a wide range of products and services in Hawaii, Guam, and other Pacific Islands [2] - The Zacks Consensus Estimate for its current year earnings has increased nearly 10% over the last 60 days [2] - The company has a dividend yield of 4%, which is above the industry average of 3.1% [2] Group 3: Epsilon Energy (EPSN) - The company focuses on on-shore oil and natural gas, engaging in the acquisition, development, gathering, and production of reserves [3] - The Zacks Consensus Estimate for its current year earnings has increased nearly 9.1% over the last 60 days [3] - The company has a dividend yield of 3.7%, compared to the industry average of 2.4% [3]
Red River Bancshares, Inc. Reports First Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-04-30 12:30
ALEXANDRIA, La., April 30, 2025 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the first quarter of 2025. Net income for the first quarter of 2025 was $10.4 million, or $1.52 per diluted common share (“EPS”), an increase of $1.0 million, or 11.2%, compared to $9.3 million, or $1.37 EPS, for the fourth quarter of 2024, and an increase of $2.2 million, or 26.4%, compared to ...