The Commonwealth Bank of Australia (ASX: CBA) share price has fallen 10% since Monday, is this a good time to buy?Earlier this week, CBA released its quarterly update for the three months to 30 September 2025 and investors didn’t react very well to it. Let’s remind ourselves what the biggest bank in Australia said.Was CBA’s quarterly update disappointing?The ASX bank share reported that its cash net profit only increased by 2% year on year, which wasn’t exactly strong.In terms of lending and deposit year-on ...

Financial Data and Key Metrics Changes - Net income for Q3 2025 totaled $4.9 million, or $0.85 per diluted share, an increase of 24.1% in diluted earnings per share year-over-year compared to $3.9 million, or $0.68 per diluted share in Q3 2024 [3][8] - Return on average assets improved to 1.21% and return on average equity improved to 13.0% [3] - Efficiency ratio improved to 60.7% in Q3 2025 from 66.5% in Q3 2024 [12] Business Line Data and Key Metrics Changes - Total loans were flat based on period-end balances, while average loans grew nearly 10% on an annualized basis compared to the prior quarter [4][12] - Non-interest income totaled $4.1 million, an increase of $442,000 compared to the prior quarter, driven by gains on sales of mortgage loans and higher deposit-related fee income [11] - Non-performing loans declined by almost $7 million, primarily from the resolution of a large commercial real estate loan [4][16] Market Data and Key Metrics Changes - Deposits totaled $1.3 billion at September 30, 2025, increasing by $51.6 million on a linked quarter basis [13] - The Kansas economy remains healthy, with an unemployment rate of 3.8% and a 1.2% year-over-year increase in home sales [17] Company Strategy and Development Direction - The company remains risk-averse, focusing on monitoring interest rate and concentration risk while maintaining strong credit discipline [6] - The strategy emphasizes a resilient, relationship-driven approach to navigate evolving market dynamics [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the loan portfolio and the ability to navigate market dynamics, while focusing on maintaining solid credit quality amid economic uncertainties [19][18] - The company plans to continue investing in talent and infrastructure to support customer growth [6] Other Important Information - The Board declared a cash dividend of $0.21 per share and a 5% stock dividend, marking the 97th consecutive quarterly cash dividend and the 25th consecutive year of a 5% stock dividend [5] Q&A Session Summary - No questions were submitted during the Q&A session, and the call concluded with management expressing gratitude for the support and confidence in the company [20][21]

Financial Performance - The company reported net income of $71.4 million, or $0.69 per share for Q3 2025[19] - Net interest margin (NIM) was 3.34%, with an adjusted FTE NIM of 3.30%, a 4 basis points increase from the previous quarter[19] - The efficiency ratio was 61.7% for the third quarter of 2025[19] Balance Sheet & Capital - Total assets reached $27.3 billion[8] - Loans held for investment (LHFI) totaled $15.8 billion[8], decreasing by $519.0 million from the second quarter of 2025[19] - Deposits amounted to $22.6 billion[8], a decrease of $25.6 million from the second quarter of 2025[19] - The company's loan-to-deposit ratio was 70% in Q3 2025[18] - CET1 was 13.90% and total RBC was 16.62% for Q3 2025[19] - The company repurchased approximately 1.8 million shares for approximately $57.2 million through October 28, 2025[18] Asset Quality - Non-performing loans (NPLs) decreased 6.1% from the second quarter of 2025, to $182.2 million, representing 1.15% of LHFI[19] - Net charge-offs (NCOs) were $2.3 million, or an annualized 6 basis points of average loans outstanding during Q3 2025[19] - Criticized loans decreased 3.2%, or $38.9 million, from the second quarter of 2025, to $1,164.1 million, representing 7.4% of LHFI[19] Strategic Initiatives - The company closed the sale of Arizona and Kansas branches in October 2025[18] - The company announced the pending sale of 11 Nebraska branches[18]

Financial Data and Key Metrics Changes - Loans held for investment increased by $83 million, or 0.6% linked quarter, and $448 million, or 3.4% year-over-year [4] - Deposit base grew by $550 million, or 3.4% linked quarter, with non-interest-bearing deposits increasing by 5.9% linked quarter [4] - Net income for the third quarter was $56.8 million, representing fully diluted EPS of $0.94, up 2.2% from the prior quarter and 11.9% from the prior year [4][5] - Return on average assets was 1.21% and return on average tangible equity was 12.84% [5] - Net interest income expanded by 2.4% to $165.2 million, with a net interest margin of 3.83%, an increase of two basis points from the prior quarter [5] Business Line Data and Key Metrics Changes - Credit quality remained solid with net charge-offs of $4.4 million, representing 13 basis points of average loans [6] - Non-interest income totaled $39.9 million, up 0.1% linked quarter and 6.3% year-over-year [5] - Non-interest expense increased by $5.8 million, or 4.7% linked quarter, including approximately $2.3 million in non-routine items [5] Market Data and Key Metrics Changes - The company reported a solid trend in criticized loans, with a decrease of about $49 million in the quarter, totaling a decline of $123 million for the first three quarters of the year [34] Company Strategy and Development Direction - The company is focused on organic growth initiatives and has added customer relationship managers in key markets [3][4] - The guidance for loans held for investment is expected to increase in mid-single digits for the full year 2025, with low single-digit growth in deposits [8] - The company plans to maintain a disciplined approach to capital deployment, focusing on organic loan growth and potential market expansion [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about maintaining net interest margin in the range of 3.80% to 3.83% despite potential short-term headwinds [31][44] - The company anticipates a proactive approach to share repurchase as capital levels continue to build [17][60] - Management highlighted the competitive landscape in the market, noting that M&A activity presents opportunities for growth [21][26] Other Important Information - The company repurchased $11 million of common stock during the quarter, with a total of $37 million repurchased in the first nine months of the year [6][7] - A quarterly cash dividend of $0.24 per share was declared, payable on December 15 [7] Q&A Session Summary Question: Can you provide details on hiring and future plans? - The company hired approximately 29 new associates in Q3, with a focus on key markets like Houston and Atlanta [12] Question: Will there be an increase in expenses due to hiring? - Yes, the company expects a slight increase in expenses related to new hires, with additional non-routine costs factored in [14][15] Question: How does the company view M&A opportunities? - Management sees M&A as a potential opportunity but emphasizes a focus on organic growth strategies [21][26] Question: What are the trends in classified and criticized loans? - There has been a positive trend with a decrease in criticized loans, contributing to lower provisioning [34] Question: How does the company plan to manage deposit costs? - The company aims to maintain deposit costs while managing competitive pressures and anticipates a drop in deposit costs following Fed rate cuts [43][44]

INVESTOR CALL FY26 Q1 October 29, 2025 FORWARD-LOOKING STATEMENT Statements in this presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking statements in other documents we file with the Federal Dep ...

Third Quarter 2025 Earnings Call Forward-Looking Statements This presentation may contain various statements about Renasant Corporation ("Renasant," "we," "our," or "us") that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "projects," "anticipates," "intends," "estimates," "plan ...

Core Insights - Blue Foundry Bancorp reported a net loss of $1.9 million, or $0.10 per diluted common share, for Q3 2025, an improvement from a net loss of $2.0 million in Q2 2025 and a net loss of $4.0 million in Q3 2024 [1][6][39]. Financial Performance - The net interest margin increased by six basis points to 2.34% compared to the previous quarter, driven by improvements in yield on assets and cost of funds [2][12]. - Interest income for Q3 2025 was $24.1 million, a 3.0% increase from the previous quarter, while interest expense rose to $11.9 million [6][39]. - The provision for credit losses was $589 thousand for Q3 2025, reflecting an increase in the provision for loans [6][39]. Loan Portfolio - Total loans increased by $131.4 million to $1.71 billion during the first nine months of 2025, with significant growth in consumer loans and commercial real estate [4][27]. - The consumer loan portfolio rose by $114.5 million, while the commercial real estate portfolio increased by $57.4 million [4][27]. - Construction and multifamily portfolios saw declines of $25.0 million and $23.8 million, respectively [4][27]. Deposit Growth - Total deposits reached $1.49 billion, an increase of $150.1 million from December 31, 2024, driven by increases in NOW and demand accounts and time deposits [7][27]. - Core deposits increased by $68.2 million, representing 57.8% of total deposits, up from 53.5% at the end of 2024 [7][27]. - Brokered deposits rose to $275.0 million, up from $155.0 million at the end of 2024 [7][27]. Shareholder Value - Tangible book value per share exceeded $15, reaching $15.14, reflecting the company's commitment to enhancing shareholder value [2][6]. - The company repurchased 837,388 shares at a weighted average price of $9.09 per share during the quarter [6][39]. Asset Quality - Non-performing loans totaled $11.4 million, or 0.66% of total loans, an increase from 0.33% at the end of 2024 [33][41]. - The allowance for credit losses as a percentage of gross loans was 0.81% as of September 30, 2025 [27][41].

Core Insights - Five Star Bancorp reported a net income of $16.3 million for Q3 2025, an increase from $14.5 million in Q2 2025 and $10.9 million in Q3 2024 [1][10][11] Financial Performance - Return on average assets (ROAA) improved to 1.44% in Q3 2025 from 1.37% in Q2 2025 and 1.18% in Q3 2024 [2][12] - Return on average equity (ROAE) increased to 15.35% in Q3 2025 from 14.17% in Q2 2025 and 11.31% in Q3 2024 [2][12] - Pre-tax income rose to $22.2 million in Q3 2025, up from $20.1 million in Q2 2025 and $15.2 million in Q3 2024 [2][12] - Basic and diluted earnings per share were both $0.77 in Q3 2025, compared to $0.68 in Q2 2025 and $0.52 in Q3 2024 [2][12] Loan and Deposit Growth - Total loans held for investment increased by $129.2 million, or 3.44% (13.76% annualized), reaching $3.887 billion as of September 30, 2025 [3][7] - Total deposits rose by $208.8 million, or 5.36% (21.45% annualized), totaling $4.103 billion [3][7] - Non-wholesale deposits increased by $359.0 million, or 11.09% (44.34% annualized), while wholesale deposits decreased by $150.2 million, or 22.87% [3][8] Interest Income and Margin - Net interest income for Q3 2025 was $39.3 million, a 7.76% increase from $36.5 million in Q2 2025 and a 29.49% increase from $30.4 million in Q3 2024 [12][21] - Net interest margin improved to 3.56% in Q3 2025, up from 3.53% in Q2 2025 and 3.37% in Q3 2024 [12][21] Cost and Efficiency - Cost of funds decreased to 2.51% in Q3 2025 from 2.53% in Q2 2025 [4][12] - Efficiency ratio improved to 40.13% in Q3 2025 from 41.03% in Q2 2025 and 43.37% in Q3 2024 [4][12] Asset Quality - The ratio of nonperforming loans to loans held for investment decreased to 0.05% as of September 30, 2025, down from 0.06% at June 30, 2025 [9][26] - The allowance for credit losses was $42.1 million, representing 1.08% of loans held for investment [25][27] Non-Interest Income - Non-interest income increased by $0.2 million to $1.966 million in Q3 2025, primarily due to an increase in loan-related fees [12][28]

Financial Data and Key Metrics Changes - The company reported a net income of $7.5 million for Q3 2025, representing a 65% increase compared to Q3 2024 [3][8] - The net interest income rose to $28.2 million, driven by a higher balance of average earning assets and a 17 basis point increase in asset yield [8] - The total risk-based capital ratio stood at 16.13%, and the tangible common equity (TCE) ratio was 9.72% [6] Business Line Data and Key Metrics Changes - Total loan originations reached $101 million, with $69 million in fundings, marking the largest amount since Q2 2022 [4] - The company experienced a healthy increase in commercial real estate (CRE) loan demand, indicating a diversified mix across various banking categories and industries [4] Market Data and Key Metrics Changes - Total deposits increased due to higher balances from long-time clients and new relationships, despite a competitive rate environment [5] - The cost of deposits increased by one basis point during Q3, but the spot cost of deposits improved, finishing at 1.25% [6][9] Company Strategy and Development Direction - The company aims to continue improving core financial performance through balance sheet growth, net interest margin expansion, and effective expense management [12] - There is a focus on adding banking talent and enhancing efficiency through technology to support future profitable growth [12] Management's Comments on Operating Environment and Future Outlook - Management noted that while there is economic uncertainty, credit quality continues to improve, and loan demand remains healthy [12] - The loan pipeline is strong, with expectations for solid loan production in Q4 2025 [12] Other Important Information - The board declared a cash dividend of $0.25 per share, marking the 82nd consecutive quarterly dividend [11] - The company repurchased $1.1 million of shares at prices below tangible book value to enhance shareholder value [6] Q&A Session Summary Question: Thoughts on HTM securities loss trade - Management is evaluating various factors but has not made a final decision [18] Question: Updated thoughts on expenses and seasonality - Q4 expenses are expected to be similar to Q3, with payroll-related adjustments being a potential wildcard [19] Question: Deposit cost and margin expectations - The company anticipates further margin expansion due to a decline in deposit costs and expects benefits from future Fed Funds rate cuts [22][25] Question: Credit quality upgrades - Upgrades were attributed to improved leasing activity and specific project recoveries, with overall positive trends in credit quality [27][28] Question: Loan demand and competition - There is increased loan demand, particularly in the Sacramento area, with aggressive pricing competition for high-quality deals [35][36] Question: Pipeline growth and hiring appetite - The pipeline is diverse, with a focus on commercial real estate and affordable housing, and there is an appetite for opportunistic hires [58][60]

Financial Data and Key Metrics Changes - The company reported a net income of $7,500,000 for Q3 2025, representing a 65% increase compared to 2024 [4][8] - Net interest income rose to $28,200,000, driven by a higher balance of average earning assets and a 17 basis point increase in asset yield [10] - The total risk-based capital ratio stood at 16.13%, with a tangible common equity (TCE) ratio of 9.72% [6] Business Line Data and Key Metrics Changes - Total loan originations reached $101,000,000, with $69,000,000 in fundings, marking the largest amount since 2022 [5] - The company experienced a healthy increase in commercial real estate (CRE) loan demand, indicating a diversified mix across various banking categories [5][11] Market Data and Key Metrics Changes - Total deposits increased due to higher balances from long-term clients and new relationships, despite a competitive rate environment [6] - The cost of deposits increased by one basis point during the quarter, but the spot cost of deposits declined to 1.25% [10] Company Strategy and Development Direction - The company aims to continue improving core financial performance through balance sheet growth, net interest margin expansion, and disciplined expense management [13][14] - There is a focus on adding banking talent and enhancing efficiency through technology to support future profitable growth [13] Management's Comments on Operating Environment and Future Outlook - Management noted that while there is economic uncertainty, credit quality continues to improve, and loan demand remains healthy [13] - The loan pipeline is strong, with expectations for solid loan production in Q4 2025 [13] Other Important Information - The company repurchased $1,100,000 of shares at prices below tangible book value to enhance shareholder value [6] - A cash dividend of $0.25 per share was declared, marking the 82nd consecutive quarterly dividend [12] Q&A Session Summary Question: Thoughts on HTM securities loss trade - Management is evaluating various factors but has not made a final decision [19] Question: Updated thoughts on expense run rate and seasonality - Q4 is expected to resemble Q3, with potential adjustments to payroll-related items [20][21] Question: Progress on deposit costs and margin expectations - The company is positioned for near-term benefits from rate declines, with expectations for margin expansion [31] Question: Credit upgrades and market conditions - Upgrades were due to improved leasing activity and specific project recoveries, with overall positive trends in credit quality [34][35] Question: Loan competition and pricing - There is aggressive pricing competition for high-quality deals, with a return of nonrecourse lending [46] Question: Pipeline growth and hiring plans - The company is actively hiring and expects increased activity in the Sacramento region, with a focus on new customer relationships [74][75] Question: Deposit growth and seasonality - Predicting deposit balance growth is challenging, but management does not foresee any abnormal outflows [88][90]