Key Takeaways HBAN's Q2 earnings are expected to show a 13.3% year-over-year increase to 34 cents per share. Net interest income is likely to rise 3% sequentially to $1.5B, supported by steady loan demand and rates. Total non-interest income is likely to decline 5.4%, with rising expenses and credit loss reserves in focus.Huntington Bancshares Incorporated (HBAN) is slated to report second-quarter 2025 results on July 18, before the opening bell. The company’s quarterly revenues and earnings are expected ...

Core Viewpoint - PNC Financial Services Group, Inc. is expected to report improved revenues and earnings for Q2 2025, driven by higher net interest income and fee income, despite rising expenses and provisions for credit losses [1][11][18]. Financial Performance Expectations - The earnings surprise history of PNC is strong, with an average surprise of 8.39% over the last four quarters [2]. - The Zacks Consensus Estimate for Q2 earnings per share is $3.56, reflecting a year-over-year increase of 7.9% [18]. - Total revenues are projected at $5.62 billion, indicating a 3.8% year-over-year increase [18]. Net Interest Income (NII) - NII is expected to rise by 1-2% in Q2 2025, supported by stable funding and deposit costs [3][4][11]. - The Zacks Consensus Estimate for NII is $3.55 billion, representing a sequential increase of 2% [5]. Loan Growth - Average loans are anticipated to increase by 1% sequentially, with projections indicating a 1.4% rise [4][5]. - Demand for commercial, industrial, real estate, and consumer loans has remained solid [4]. Non-Interest Revenues - Mortgage revenues are expected to decline by 2.7% sequentially, with estimates at $130.4 million due to stable mortgage rates [6][7]. - Asset management and brokerage income is projected to see a slight decline, with the consensus estimate at $387.8 million [8][10]. - Card and cash management revenues are expected to rise by 4.9% sequentially, with estimates at $726.4 million [12]. Expenses and Asset Quality - Non-interest expenses are projected to be stable at $3.43 billion, despite ongoing investments in technology and digitalization [13][14]. - Provisions for credit losses are expected to increase to $252.5 million, a sequential rise of 15.3% [15]. - Non-performing assets (NPAs) are estimated at $2.38 billion, indicating a 2.2% increase from the previous quarter [16]. Market Conditions - Global M&A activity has improved, with deal-making resuming towards the end of the quarter despite initial market volatility due to tariff announcements [9].

Core Insights - Greystone Housing Impact Investors LP has entered into a new Credit Agreement for a secured revolving line of credit totaling $80 million, replacing a previous agreement of $50 million [1][2][3] Group 1: Credit Agreement Details - The new Acquisition LOC provides temporary financing for investment purchases, with advances expected to be repaid from traditional debt financing sources [2] - The outstanding balances on the Acquisition LOC will incur interest at Term SOFR plus 2.50%, with a minimum interest rate of 2.60% [2] - The stated maturity of the Acquisition LOC is June 2027, with the possibility of extension to June 2029 under customary conditions [2] Group 2: Company Strategy and Operations - The increase in the Acquisition LOC by $30 million reflects strong relationships with bank lenders and enhances the Partnership's capacity for managing capital and liquidity [3] - Greystone Housing Impact Investors LP focuses on acquiring, holding, and managing a portfolio of mortgage revenue bonds aimed at financing affordable housing [4] - The Partnership aims to achieve investment growth through acquiring additional mortgage revenue bonds and leveraging attractive financing structures available in the market [4]

Core Points - Greystone Housing Impact Investors LP amended its $50 million secured revolving Line of Credit facility, extending the maturity date to June 2027 with two additional one-year extension options [1][2] - The amendment allows the Partnership to increase its maximum allowable seniors housing joint venture equity investments to 30% of eligible encumbered assets and enhances its maximum allowable limited guaranties of debt associated with these investments [2][3] - The deficiency guaranty for the facility is provided by an affiliate of the Partnership's general partner without charging a fee, which enhances liquidity and operational flexibility for additional investments in the seniors housing segment [3] Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable multifamily, seniors, and student housing properties [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and investments on a leveraged basis, with expectations that interest earned on these bonds is excludable from federal income tax [4] - The company aims to achieve investment growth through attractive financing structures and interest rate risk management instruments as outlined in its Second Amended and Restated Limited Partnership Agreement [4]

Core Insights - Greystone Housing Impact Investors LP announced a cash distribution of $0.30 per Beneficial Unit Certificate (BUC) to be paid on July 31, 2025, to BUC holders of record as of June 30, 2025 [1] - The CEO indicated that high interest rates and capitalization rates have led to a reduction in quarterly distributions, which now yield an annualized rate of 9.5% based on the net book value as of March 31, 2025 [2] - The Partnership's non-controlling investment in Vantage at Fair Oaks, a 288-unit multifamily property in Texas, has been publicly listed for sale, with the Partnership having contributed $12.0 million in equity [3] Distribution Details - The cash distribution of $0.30 per BUC will be effective for BUC holders recorded by the end of trading on June 30, 2025, with ex-distribution trading commencing on the same date [1] - The decision on distributions is based on a disciplined evaluation of the Partnership's operating results and financial condition [2] Investment Strategy - Greystone Housing Impact Investors LP focuses on acquiring mortgage revenue bonds to finance affordable housing properties, with a strategy to leverage investments and manage interest rate risks [4] - The Partnership aims to achieve growth by investing in additional mortgage revenue bonds and utilizing attractive financing structures available in the market [4]

Group 1 - Greystone Housing Impact Investors LP announced the availability of 2024 Schedule K-3 for unitholders, which contains information relevant to international tax [1][2] - The Schedule K-3 is particularly important for foreign unitholders and those calculating foreign tax credits for their tax returns [2] - Unitholders can obtain an electronic copy of their Schedule K-3 by contacting Tax Package Support [3] Group 2 - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable housing [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments to enhance growth [4] - The interest earned on these mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [4]

Greystone Housing Impact Investors LP (GHI) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Jesse Coury - Chief Financial OfficerKenneth Rogozinski - Chief Executive OfficerMatthew Erdner - DirectorChris Muller - Director - Equity Research Conference Call Participants Jason Stewart - Director & Equity Research Analyst Operator and welcome to First Quarter twenty twenty five Earnings Call for Greystone Housing Impact Investors. At this time, all participants are in a listen only mode. A q ...

OMAHA, Neb., April 23, 2025 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced today that it will host a conference call for investors on Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2025 results. For those interested in participating in the question-and-answer session, participants may dial-in toll free at (877) 407-8813. International participants may dial-in at +1 (201) 689-8521. No pin or code number is neede ...