Westpac Banking Corporation (OTCMKTS:WEBNF) is one of the best performing ASX stocks in 2025. On September 24, the company said it will offload around 200 teller and personal banking roles across its Australian branch network. The cuts specifically target in-person counter services. Westpac (WEBNF) Cuts 200 Branch Roles, Boosts $200M Digital Push Kevin George/Shutterstock.com The leadership stated that the move is a response to rapid customer migration to digital banking channels. To this end, the compa ...

SAN DIEGO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Endeavor Bancorp (OTCQX: EDVR), the holding company for Endeavor Bank, today announced that Steven Sefton, President, and Julie Glance, CFO, will present live at the Financial Services Virtual Investor Conference hosted by VirtualInvestorConferences.com, on September 25th, 2025. DATE: September 25th    TIME: 12:30 pm EDT LINK: REGISTER HEREAvailable for 1x1 meetings: September 25th and 30th. Sign up here This will be a live, interactive online event where invest ...

Core Viewpoint - Alpine Banks of Colorado reported strong financial performance in the second quarter of 2025, with significant increases in net income and loan portfolio growth compared to previous periods [1][2]. Financial Performance - Net income for the second quarter of 2025 was $17.6 million, up from $14.3 million in the first quarter of 2025, marking a 23.1% increase [2][5]. - Year-to-date net income for the first half of 2025 reached $31.9 million, a 43% increase compared to $22.3 million in the first half of 2024 [2]. - Interest income rose by $3.0 million in the second quarter of 2025 compared to the first quarter, driven by higher yields and increased loan volume [2]. - Noninterest income increased by $0.7 million in the second quarter of 2025, primarily due to higher service charges and other income [2]. Loan Portfolio - Loans outstanding as of June 30, 2025, totaled $4.2 billion, reflecting a $87.0 million increase, or 2.1%, from the previous quarter [6]. - The growth in the loan portfolio was primarily driven by increases in commercial real estate loans ($81.8 million) and residential real estate loans ($77.0 million) [6]. - Year-over-year, loans outstanding increased by $145.7 million, or 3.6%, compared to $4.1 billion on June 30, 2024 [7]. Deposits - Total deposits decreased by $68.4 million, or 1.2%, to $5.9 billion during the second quarter of 2025, mainly due to declines in demand deposits and certificate of deposit accounts [8]. - However, total deposits increased by $76.6 million, or 1.3%, compared to $5.79 billion on June 30, 2024, driven by growth in money market accounts and demand deposits [9]. Capital and Ratios - The Bank maintained a "well capitalized" designation, with a Tier 1 Leverage Ratio of 9.90% and a Total Risk-Based Capital Ratio of 15.21% as of June 30, 2025 [12]. - Book value per share increased to $33.97 as of June 30, 2025, up by $1.03 from March 31, 2025 [13]. Dividends - The Company declared cash dividends of $0.21 per Class A and Class B common shares during the second quarter of 2025, payable on July 28, 2025 [14]. Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with total assets of $6.61 billion as of June 30, 2025, serving approximately 170,000 customers [15].

Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with a total asset value of $6.7 billion, founded in 1973 and headquartered in Glenwood Springs, Colorado [2] - The bank employs 890 people and serves approximately 170,000 customers, offering a range of services including personal, business, wealth management, mortgage, and electronic banking across Colorado's Western Slope, mountains, and Front Range [2] - Alpine Bank has received a five-star rating from BauerFinancial, indicating superior performance among financial institutions in the United States [2] Dividend Declaration - The company declared a cash dividend of $0.21 per share on its Class A and Class B common stock, which is payable on July 28, 2025, to shareholders of record as of June 21, 2025 [1]

Core Points - Endeavor Bancorp reported a net income of $1.36 million, or $0.32 per diluted share, for Q1 2025, showing an increase from $1.08 million in Q4 2024 and $407,000 in Q1 2024 [1][9] - The company experienced significant growth in loans and deposits, with net loans increasing by 4.6% quarter-over-quarter and 34.9% year-over-year, while total deposits grew by 4.2% from the previous quarter and 27.2% from the previous year [3][12] - The net interest margin improved to 4.12% in Q1 2025, up 15 basis points from Q4 2024 and 44 basis points from Q1 2024, driven by strong loan growth and improved funding costs [5][21] Financial Performance - Total interest income for Q1 2025 was $11.1 million, an increase of $365,000 from the previous quarter, while total interest expenses decreased by $130,000 [4][21] - Non-interest income rose to $183,000 in Q1 2025, a 14% increase compared to Q4 2024 [6][21] - Non-interest expenses were $4.86 million in Q1 2025, reflecting a year-over-year increase of $725,000 due to strategic investments in staff [7][21] Balance Sheet Highlights - Total assets increased by $26.2 million, or 3.9%, to $704.6 million as of March 31, 2025, compared to $678.3 million at the end of Q4 2024 [10][21] - Total loans outstanding reached $597.8 million, up $26.0 million, or 4.6%, from the previous quarter [11][21] - Total deposits amounted to $626.2 million, an increase of $24.9 million, or 4.1%, from the previous quarter [12][21] Capital and Efficiency Ratios - The annualized return on average equity for Q1 2025 was 11.68%, compared to 9.35% in Q4 2024 and 3.79% in Q1 2024 [9][21] - The efficiency ratio improved to 67.6% in Q1 2025, down from 71.2% in Q4 2024 and 79.9% in Q1 2024, indicating better operational efficiency [7][21] - The Tier 1 leverage ratio was 10.57% as of March 31, 2025, remaining well above regulatory minimums [15][21]