Investment advisory

Search documents
Synovus Financial (SNV) 2019 Earnings Call Presentation
2025-07-04 14:45
Financial Performance & Growth - Synovus' diluted Earnings Per Share (EPS) increased from $189 in 2016 to $399 in Q1 2019, representing a 26% Compound Annual Growth Rate (CAGR)[39] - Adjusted Return on Average Tangible Common Equity (ROATCE) increased by 860 basis points from 852% in 2016 to 1752% in Q1 2019[39] - Synovus is targeting a sustained 10+% CAGR in EPS growth, with a Return on Assets (ROA) of approximately 145%, an adjusted tangible efficiency ratio of approximately 50%, and a Return on Tangible Common Equity (ROTCE) of approximately 170%[47, 48] - The company reported adjusted diluted EPS of $098 in Q1 2019, a 151% increase year-over-year[50] Merger & Acquisition - The merger with Florida Community Bank (FCB) significantly strengthens Synovus' Florida footprint, making it >1/3 of the pro forma franchise[34] - Synovus expects to surpass $30 million in FCB-related cost savings in 2019 and complete the full conversion in Q2 2019[63] - The FCB merger is projected to result in a ~17% Internal Rate of Return (IRR) and a ~17% ROATCE[124] Balance Sheet & Credit Quality - As of Q1 2019, Synovus had total assets of $47 billion and loans of $36 billion[22] - The company's loan growth in Q1 2019, including FCB, annualized to 46%, compared to a standalone Synovus loan growth of 16% in Q1 2018[128] - The Net Charge-Off (NCO) ratio was 019% in Q1 2019[55] 2019 Outlook - Synovus anticipates loan growth of 55% to 75% and revenue growth of 55% to 75% for 2019[60] - The company projects adjusted non-interest expense growth of 2% to 4% in 2019, excluding amortization of intangibles of approximately $14 million[60]
Stifel Reports May 2025 Operating Data
Globenewswire· 2025-06-26 20:15
ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increase in fee-bas ...
Ally Financial schedules release of second quarter 2025 financial results
Prnewswire· 2025-06-18 14:01
Core Points - Ally Financial Inc. is set to release its second quarter financial results on July 18, 2025, at approximately 7:30 a.m. ET [1] - A conference call will be held at 9 a.m. ET to discuss the company's performance, available via webcast or dial-in [2] - Registration for the conference call is required at least 15 minutes prior to the start [3] - A replay of the conference call will be accessible via webcast on Ally's Investor Relations website [4] Company Overview - Ally Financial Inc. operates as a financial services company with the largest all-digital bank in the nation and a leading auto financing business [5] - The company provides a range of services including deposits, securities brokerage, investment advisory, auto financing, and insurance offerings [5] - Ally also has a corporate finance division that offers capital for equity sponsors and middle-market companies [5]
Stifel Completes Acquisition of Bryan Garnier
Globenewswire· 2025-06-02 11:30
ST. LOUIS, June 02, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of Bryan, Garnier & Co. (“Bryan Garnier”), a leading independent full-service investment bank specializing in the European technology and healthcare sectors. “Bryan Garnier brings focused sector expertise, an entrepreneurial mindset, and a strong reputation for trusted advice—qualities that align closely with Stifel’s values and strategy,” said Ronald J. Kruszewski, Chairman and C ...
Silvercrest Asset Management Group Inc. Announces $25 Million Common Stock Repurchase Program
Globenewswire· 2025-05-23 20:01
NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today announced that the Company's Board of Directors authorized a common stock repurchase program. Under the program, the Company may purchase up to $25.0 million of its Class A common stock, as market conditions warrant. The shares may be repurchased through open market purchases, privately-negotiated transactions, block purchases, one or more 10b5-1 share trading plans, or ot ...
Silvercrest Asset Management Group Appoints Van Martin as Head of U.S. Consultant Relations
Globenewswire· 2025-05-22 15:00
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group (NASDAQ: SAMG) is pleased to announce the appointment of Van Martin as Head of U.S. Consultant Relations. In this role, Mr. Martin will oversee the firm’s initiatives to strengthen its partnerships with new and existing institutional investors, deepen consultant relationships, and expand the growth of Silvercrest’s institutional business in the U.S. Since joining Silvercrest in 2014, Mr. Martin has been instrumental in expanding t ...
Aegon trading update for first quarter 2025
GlobeNewswire News Room· 2025-05-16 05:00
Company Overview - Aegon is an international financial services holding company focused on investment, protection, and retirement solutions [8][9] - The company operates fully owned businesses in the United States and the United Kingdom, along with global asset management and joint ventures in various countries [8][9] Financial Performance - In Q1 2025, Aegon reported a 4% increase in operating capital generation (OCG) to EUR 267 million, driven by business growth despite unfavorable mortality experience in the US [7] - The company’s cash capital at Holding was EUR 1.6 billion, indicating 68% completion of an ongoing EUR 150 million share buyback program as of March 31, 2025 [7] - Aegon announced a new EUR 200 million share buyback program, expected to be completed by the end of 2025, as part of a strategy to reduce cash capital at Holding to around EUR 1.0 billion by the end of 2026 [3][7] Business Segments - Aegon’s US operations saw strengthened distribution capabilities and increased individual new life sales through Transamerica [2] - The UK Workplace business generated strong net inflows, while international joint ventures reported higher sales [2] - Asset management third-party net flows remained positive, although there were net outflows in US mid-sized retirement plans and the UK Adviser platform [7] Market Outlook - Despite an uncertain macroeconomic environment, Aegon expects to meet its 2025 financial targets, supported by well-capitalized businesses and significant excess liquidity at the Holding [3] - The solvency ratio under the Bermuda framework, applicable from January 2028, is expected to be broadly similar to the current solvency ratio [7]
AlTi (ALTI) - 2025 Q1 - Earnings Call Presentation
2025-05-12 20:12
First Quarter 2025 Earnings | May 12, 2025 AlTi Global 1 Notes and Important Disclosures This Presentation (together with oral statements made in connection herewith, the "Presentation") is for informational purposes only to assist interested parties in evaluating AlTi Global, Inc. (along with its consolidated subsidiaries, "AlTi Global" or the "Company"). About AlTi Global AlTi Global is a leading independent global wealth manager providing entrepreneurs, multi-generational families, institutions, and emer ...
Silvercrest Asset Management Group Inc. Reports Q1 2025 Results
Globenewswire· 2025-05-08 20:52
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended March 31, 2025. Business Update Silvercrest experienced strong new client organic flows of $0.4 billion during the first quarter of 2025. The new assets under management (“AUM”) follow on the significant new client flows of $1.4 billion in the 4th quarter of 2024. Our first quarter’s new client account flows was ...
Silvercrest Asset Management (SAMG) to Announce First Quarter 2025 Results and Host Investor Conference Call
GlobeNewswire News Room· 2025-05-02 20:01
NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on May 9, 2025, to discuss the company’s financial results for the first quarter ended March 31, 2025. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.Chairman, Chief Executive Officer and President Richard R. Hough III and Chief Financial ...