Allspring Global Investments Holdings LLC bought a new position in shares of Lakeland Financial Corporation (NASDAQ:LKFN – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 23,726 shares of the financial services provider’s stock, valued at approximately $1,523,000. Allspring Global Investments Holdings LLC owned about 0.09% of Lakeland Financial at the end of the most recent reporting period. Get Lakeland Financial alerts: A number of other hedge fu ...

Core Insights - Columbia Banking System is experiencing a strategic shift with a focus on capital accumulation, margin expansion, and significant share buybacks despite slowing headline profits [1][12] Company Overview - Columbia Banking System operates as a regional financial institution with a strong presence in the Pacific Northwest and California, offering a diversified banking model that includes both lending and non-interest income streams [6][9] - The company has recently completed a transformative acquisition, increasing total assets to approximately $67.5 billion and achieving a net interest margin of 3.84%, up from 3.56% a year earlier [10] Financial Performance - For the trailing twelve months (TTM), Columbia Banking System reported revenue of $2.07 billion and net income of $478.68 million, with a dividend yield of 5% [4] - The company’s GAAP EPS fell to $0.40 from $0.73 in the prior quarter due to merger and restructuring costs, but the operating EPS was reported at $0.85, indicating strong normalized earnings power [11] Investment Activity - HoldCo Asset Management increased its stake in Columbia Banking System by purchasing 1.24 million shares valued at $31.48 million, bringing its total holdings to 5.72 million shares worth $147.30 million as of September 30 [2][3] - Columbia Banking System now represents 15.55% of HoldCo's $947.56 million assets under management (AUM) [3] Strategic Initiatives - The management has authorized a $700 million share repurchase program through late 2026, reflecting confidence in the bank's ability to generate excess capital even after a major acquisition [12] - The bank's core deposit growth increased by approximately $14 billion quarter over quarter, reaching $55.8 billion, largely attributed to the recent acquisition [10]

WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) ("Banner†), the parent company of Banner Bank, today announced that it will report its fourth quarter results after the market closes on Wednesday, January 21, 2026. Management will host a conference call on Thursday, January 22, 2026, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet. Banner Corporation is a $16.56 billion bank holding company operating a commercial bank in f ...

A large wager on Hong Kong and China real estate is backfiring on one of Singapore’s top banks, which is facing up to mounting troubles in the region’s deteriorating property markets.United Overseas Bank Ltd. over the years financed real estate abroad including hillside luxury homes in Hong Kong, a five-star hotel overlooking the city’s central harbor, shopping malls and a Shanghai life science park. It also lent to Chinese developers. More than 40% of the loans its Hong Kong branch made were property-relat ...

Core Insights - Potomac Bank has been recognized as a 2025 "Best Banks to Work For" by American Banker, marking its sixth selection in the last seven years [1][5]. Company Overview - Potomac Bank, founded in 1871 and renamed on November 3, 2025, is a wholly owned subsidiary of Potomac Bancshares, Inc. with approximately $962 million in assets as of September 30, 2025 [5]. - The bank operates through its main office and eight branch offices, providing a range of financial services including commercial and residential loans, trust services, and online banking [5]. Employee Satisfaction and Corporate Culture - The "Best Banks to Work For" program, initiated in 2013, evaluates banks based on employee satisfaction, with a focus on engaged leadership, corporate culture, job training, and employee benefits [2][3]. - Potomac Bank emphasizes creating a workplace where employees feel valued, offering initiatives such as employee ownership, paid time off for volunteering, and fostering a fun work environment [4][5]. Recognition and Awards - In addition to the "Best Banks to Work For" recognition, Potomac Bank has received multiple accolades, including being voted "Loudoun's Favorite" in various categories and recognized as a "Top 200 Community Bank" by American Banker in 2023 [5].

Core Viewpoint - Potomac Bank has been recognized as the "best" in four financial services categories in the 2025 Best of the Best Readers' Choice Awards by the Martinsburg Journal-News, marking a significant achievement for the bank and its team [1][2]. Company Overview - Potomac Bank, previously known as Bank of Charles Town since its founding in 1871, adopted its new name on November 3, 2025, to unify its offices across the Potomac River region [1][3]. - The bank operates with approximately $962 million in assets as of September 30, 2025, and has a network of one main office, eight branch offices, and two loan production offices located in West Virginia, Maryland, and Virginia [3]. Services Offered - Potomac Bank provides a range of financial services including commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans [3]. - The bank is a Small Business Administration (SBA) Preferred Lender and offers various mortgage products, including secondary market and portfolio mortgage loans, home equity loans, and lines of credit [3]. Awards and Recognition - In addition to the 2025 Best of the Best awards, Potomac Bank was also recognized as a "Loudoun's Favorite" in multiple categories in the 2025 LoudounNow readers' poll [3]. - The bank has been named a "Top 200 Community Bank" by American Banker in 2023 and has received the "Best Bank To Work For" award five times since 2019 [3].

Core Viewpoint - The article compares two high-yielding mortgage REITs, AGNC Investment and Starwood Property Trust, highlighting the differences in their investment strategies and risk profiles, with Starwood being presented as a more stable option for income investors. Group 1: AGNC Investment - AGNC Investment offers a high dividend yield of over 14%, significantly higher than the S&P 500's 1.2% yield [1] - The REIT primarily invests in Agency residential mortgage-backed securities (MBS), which are low-risk but also yield lower returns [3] - AGNC uses leverage to enhance returns, achieving a return on equity of around 17% in the third quarter, aligning with its cost of capital [4] - The REIT has a history of dividend cuts, reducing its payment from $0.22 per share in 2014 to $0.12 per share currently, with the last cut occurring in 2020 [6] Group 2: Starwood Property Trust - Starwood Property Trust has a diversified portfolio, with 53% in commercial real estate loans, 9% in residential loans, and 10% in infrastructure-backed loans, providing stable interest income [7] - The REIT also invests directly in properties, generating stable and steadily rising rental income [9] - Starwood's recent acquisition of Fundamental Income Properties for $2.2 billion enhances its diversification and is expected to provide stable cash flow with a 17-year average lease term and a 2.2% annual lease escalation rate [10] - Starwood has maintained a stable dividend rate for over a decade without any reductions, making it a reliable income source [11] Group 3: Investment Strategy Comparison - AGNC's focused investment strategy allows for high returns but carries more risk, as evidenced by its declining dividend history [13] - In contrast, Starwood's diversified investment strategy reduces risk and provides flexibility to adapt to market conditions, allowing it to capitalize on various investment opportunities [12]

Financial Performance - Net loss from continuing operations was $(0.13) per common share[5] - Distributable losses were $(0.94) per common share[5] - Distributable losses before realized losses were $(0.04) per common share[5] - A dividend of $0.125 per common share was declared[5] Loan Portfolio - Total loan portfolio amounted to $6.5 billion[5] - Total loan originations reached $421.8 million[5] - Loan repayments and sales totaled $1.3 billion[5] - New 60+ day core delinquencies were $39.9 million, with a 60+ day core delinquency rate of 5.9% at quarter end[5] - The company completed a first portfolio sale of commercial real estate loans worth $665 million, generating net proceeds of $85 million[5] - A second portfolio sale of commercial real estate loans worth $93 million generated net proceeds of $24 million[5] Capitalization - The company repurchased 2.5 million shares at an average price of $4.17, resulting in a book value per share (BVPS) impact of $0.09[5]

Financial Data and Key Metrics Changes - Net income for Q3 2025 totaled $31 million, up 28% year over year from $24 million in the same quarter last year, and improved from a net loss of $28 million in Q2 2025 [5][6] - Net interest income reached $127 million for Q3 2025, an increase of 8% from the prior quarter and up 21% from Q3 2024 [10] - Net interest margin expanded by 20 basis points to 2.89% for Q3 2025, compared to 2.69% in the previous quarter [10] Business Line Data and Key Metrics Changes - Loan growth was observed across all major segments: commercial and industrial loans, commercial real estate loans, and residential mortgage loans [7] - Gross loans totaled $14.6 billion, up 1.2% quarter over quarter, equivalent to 5% annualized growth [8] - Non-interest income showed quarter-over-quarter growth in service fees, international banking fees, foreign exchange, and wire transfer fees [11] Market Data and Key Metrics Changes - Deposits totaled $15.8 billion as of September 30, 2025, reflecting a 1% decrease from $15.9 billion as of June 30, primarily due to a reduction in brokered deposits [8] - Non-interest-bearing deposits increased to $3.5 billion, up 1% quarter over quarter [8] Company Strategy and Development Direction - The company is focused on strengthening its deposit franchise and deepening primary banking relationships while optimizing deposit costs [8] - Continued investments in talent are aimed at driving sustainable growth and enhancing corporate and commercial banking capabilities [9] - The company anticipates high single-digit loan growth for 2025 and expects net interest income growth of approximately 10% [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position to drive profitable growth and create long-term value for shareholders [15] - The company is well-positioned to navigate an evolving macroeconomic environment with improved asset quality and capital ratios [7][8] Other Important Information - The board declared a quarterly common stock dividend of $0.14 per share, payable on November 21, 2025 [8] - The provision for credit losses was $9 million for Q3 2025, down from $15 million in Q2 2025, reflecting lower net charge-offs [13][14] Q&A Session Summary Question: What is the spot rate on deposits? - The spot rate for total deposits at the end of September was 2.82%, and for interest-bearing deposits, it was 3.62% [19] Question: Any updates on Territorial Bancorp's integration? - The company is focusing on stabilizing and expanding operations post-acquisition, with incremental cost savings being realized [22] Question: What was the purchase accounting impact this quarter? - The loan accretion for this quarter was $5 million [25][26] Question: How much in CDs are maturing in the fourth quarter? - There are $2.3 billion of CDs maturing at an average rate of 4.08% [32][34] Question: How is the company managing loan growth amid potential rate decreases? - The company has a strong loan pipeline going into Q4 and expects to maintain loan growth despite seasonal slowdowns [52]

Company Overview - Five Star Bancorp (FSBC) has total assets of $46 billion, loans held for investment of $39 billion, and deposits of $41 billion as of September 30, 2025[21] - The company operates 9 bank branches[21] Financial Performance - Net income for the three months ended September 30, 2025 was $16344 thousand, with a Return on Average Assets (ROAA) of 144% and a Return on Average Equity (ROAE) of 1535%[27] - Basic and diluted earnings per share for the three months ended September 30, 2025 were $077[27] - Non-interest-bearing deposits totaled $1059082 thousand as of September 30, 2025, representing 2581% of total deposits[27, 29] - Insured and collateralized deposits were approximately $27 billion, representing 6525% of total deposits as of September 30, 2025[29] Loan Portfolio - Loans held for investment increased by $1292 million since June 30, 2025[29] - Commercial real estate loans constitute 8086% of the loan portfolio, with manufactured home loans making up 3118% of CRE loans[52] - Adjustable-rate loans represent 667% ($26 billion) of the total loans held for investment as of September 30, 2025[63] Asset Quality - Nonperforming loans to loans held for investment stood at 005% as of September 30, 2025[27] - Allowance for credit losses to loans held for investment was 108% as of September 30, 2025[27]