The Allstate Corporation (NYSE:ALL) is one of the 13 Safest Stocks to Invest in Now, supported by hedge fund interest and significant return on equity. Evercore ISI Downgrades The Allstate Corporation (ALL) from Outperform to In Line With a price target of $233, Evercore ISI downgraded The Allstate Corporation (NYSE:ALL) from Outperform to In Line on October 1. The investment firm noted restricted EPS upside of roughly 2.5% compared to over 4% earlier, citing a more balanced risk-reward profile as the pr ...

LOS ANGELES, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report third quarter 2025 financial results after the market close on Tuesday, October 21, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. Investment professionals and all current and prospective shareholders are invited to access the live call on October 21 ...

Valued at a market cap of $31.3 billion, M&T Bank Corporation (MTB) is a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association. It provides a wide range of retail, commercial, and institutional banking products and services across several U.S. states and the District of Columbia. The Buffalo, New York-based company is expected to announce its fiscal Q3 2025 results before the market opens on Thursday, Oct. 16. Ahead of this event, analysts expect M&T B ...

Transaction Overview - Artis and RFA will combine through a share exchange to form RFA Financial, creating a scaled financial services platform[19] - Artis unitholders will own 68% of the pro forma company, while RFA shareholders will own the remaining 32%[19] - RFA Financial intends to pay a quarterly cash dividend of $0.11 per share, or $0.44 per share annually[19] Financial Highlights - The combined entity will have approximately $2.7 billion in total assets[24] - RFA Bank has approximately $2.5 billion in total assets[16, 24] - RFA Mortgage Corporation has approximately $2.9 billion in originations[16, 24] - RFA Bank and RFA Mortgage Corporation generated approximately $24 million in total net income on a last twelve months basis as of Q2 2025[24] Growth and Value Creation - RFA Bank's net income Compound Annual Growth Rate (CAGR) from 2021 to Q2 2025 LTM is approximately 32%[43] - RFA Bank's originations CAGR from 2021 to Q2 2025 LTM is approximately 13%[43] - The transaction aims for cumulative asset sales of $1.3 to $1.5 billion to fuel growth within the RFA platform[66]

Core Insights - First Horizon Corporation's CFO, Hope Dmuchowski, has been recognized in the Memphis Business Journal's Super Women in Business Class of 2025, highlighting her significant contributions to the business community [1][2] - Dmuchowski was previously awarded the 2023 CFO of the Year in the public company category, showcasing her exceptional financial leadership within the regional banking sector [2] - The company, with $82.1 billion in assets as of June 30, 2025, operates in 12 states and offers a wide range of financial services [4] Company Overview - First Horizon Corporation is a leading regional financial services company headquartered in Memphis, TN, focusing on helping clients, communities, and associates unlock their full potential [4] - The banking subsidiary, First Horizon Bank, provides services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] - The company has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4] Leadership and Community Involvement - Hope Dmuchowski has been instrumental in leading strategic financial initiatives at First Horizon since joining in 2021 and actively mentors emerging leaders within the organization [3] - Dmuchowski serves on several non-profit boards, including the National Salvation Army, where she is the treasurer, and the Baptist Memorial Healthcare Foundation [3] - She has been recognized as one of American Banker's Most Powerful Women in Banking in 2024 and was part of the executive team honored as The Most Powerful Women in Banking Top Team 2024 [3]

Core Viewpoint - First National reported record adjusted earnings per share of $0.57 for Q2 2025, exceeding analyst estimates, but net interest income fell short of expectations, indicating mixed operational performance [1][2]. Financial Performance - Adjusted EPS (Non-GAAP) reached $0.57, surpassing the estimate of $0.50 and showing an 18.8% increase year-over-year from $0.48 [2]. - Revenue (Non-GAAP) was $22.4 million, slightly above the estimate of $22.3 million and a significant 57.7% increase from $14.2 million in Q2 2024 [2]. - Net interest margin improved to 3.95%, up from 3.40% in Q2 2024, reflecting better yields and careful deposit pricing [2][5]. - Efficiency ratio improved to 65.11%, a decrease from 70.64% in Q2 2024, indicating enhanced operational discipline [2][7]. - Return on average equity was 11.85%, up from 8.31% in the previous year [2]. Revenue Sources - The primary revenue source is net interest income, which is sensitive to interest rate movements, while noninterest income contributes through fees [4]. - Net interest income was reported at $18.5 million, falling short of the $22.3 million estimate, indicating challenges in revenue generation [1][6]. Loan and Deposit Growth - Net loans held for investment increased to $1.43 billion, a 46.1% rise year-over-year, primarily due to the Touchstone acquisition [8]. - Deposits reached $1.80 billion, up 42.5% year-over-year, but slightly decreased from the previous quarter, reflecting acquisition-driven growth [8]. Asset Quality - Nonperforming assets rose to $6.8 million, or 0.33% of total assets, indicating a slight increase from the previous quarter [9]. - The allowance for credit losses increased to $15.2 million, representing 1.05% of loans, signaling a cautious approach to potential loan losses [9]. Capital Strength - Total capital ratio was 12.89%, and common equity Tier 1 ratio was 11.81%, both above regulatory thresholds, indicating strong capital adequacy [10]. - Shareholders' equity climbed to $173.5 million, with tangible book value per share at $17.40, slightly down from $18.59 in Q2 2024 [10]. Shareholder Returns - The board approved a quarterly cash dividend of $0.155 per share, flat compared to the prior quarter but up 3.3% from $0.15 in Q2 2024 [12]. Future Outlook - Management did not provide explicit guidance for future quarters, focusing instead on completed integration efforts and cautious loan and deposit growth [13]. - Key areas to monitor include organic loan growth, sustainability of margin gains, and asset quality trends [14].

Company Overview - Hanmi Financial Corporation is headquartered in Los Angeles, California, and owns Hanmi Bank, which operates 32 full-service branches, five loan production offices, and three loan centers across multiple states including California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington [3] - Hanmi Bank specializes in lending for real estate, commercial, SBA, and trade finance, targeting small and middle market businesses [3] Conference Participation - Hanmi Financial Corporation will participate in the 26th Annual KBW Community Bank Investor Conference on July 29 and 30, 2025, in New York City [1] - Bonnie Lee, President and CEO, along with Ron Santarosa, CFO, will conduct one-on-one and small group meetings during the conference [1] Investor Relations - A copy of the presentation for institutional investors will be available in the Investor Relations section of the company's website [2]

Core Viewpoint - Landmark Bancorp reported a net income of $4.4 million and diluted EPS of $0.75 for Q2 2025, showing strong year-over-year growth but a slight decline from Q1 2025 highs. The bank's loan growth and net interest income remained robust, although deposit trends and asset quality require close monitoring [1][2]. Financial Performance - EPS (GAAP) for Q2 2025 was $0.75, up 44.2% year-over-year from $0.52 in Q2 2024, but down from $0.81 in Q1 2025 [2]. - Net interest income increased to $13.7 million, a 24.7% rise from $10.97 million in Q2 2024 and up from $13.1 million in Q1 2025 [2][5]. - Net earnings were $4.4 million, a 46.1% increase from $3.0 million in Q2 2024, but a slight decrease from $4.7 million in Q1 2025 [2]. - Return on average assets was 1.11%, up 0.33 percentage points year-over-year [2]. Business Overview - Landmark Bancorp operates as a community-oriented bank, providing a range of loan products including residential, commercial real estate, and agricultural loans across Kansas and the Kansas City metro area [3][4]. Loan Portfolio and Growth - The loan portfolio expanded by $42.9 million during the quarter, with significant growth in residential real estate loans ($21.5 million), commercial real estate loans ($10.9 million), and commercial loans ($13.4 million) [6]. - Total gross loans reached $1.12 billion, with strong demand noted in commercial and mortgage segments [6]. Deposit Trends - Deposit balances were $1.27 billion, reflecting a decline of $61.9 million from the previous quarter but an increase of $23.4 million year-over-year [7]. - The loan-to-deposit ratio increased to 86.6%, up from 79.5% in Q1 2025, as total borrowings rose by $105.9 million to support loan growth [7]. Asset Quality - Non-performing loans grew to $17.0 million, or 1.52% of gross loans, up from 1.24% in Q1 2025, although early-stage delinquencies improved [9]. - A provision for credit losses of $1.0 million was recorded, reflecting growth in the loan book and increased reserves for non-accrual loans [9]. Capital Strength - Equity to assets increased to 9.13%, up from 9.04% in the previous quarter, and tangible book value per share improved to $19.66 [10]. - The company declared a quarterly dividend of $0.21 per share, up from $0.20 in Q2 2024, indicating a commitment to shareholder returns [10]. Future Outlook - Management did not provide formal financial guidance but emphasized a focus on growing higher-yielding loans, maintaining expense control, and upholding credit discipline [11]. - Ongoing monitoring of deposit trends, asset quality, and competitive landscape in regional markets is expected [12].

Core Insights - SouthState Corporation reported a strong financial performance for the second quarter of 2025, with revenue growth of 22% annualized and loan originations increasing by 57% quarter over quarter [2][4] - The company successfully completed the conversion of the IBTX franchise, which is expected to contribute positively to future growth [2] - The Board of Directors increased the quarterly cash dividend by 11%, raising it from $0.54 to $0.60 per share, payable on August 15, 2025 [3] Financial Performance - For the three months ended June 30, 2025, net interest income was $577.9 million, with a net interest margin of 4.02% [5][7] - Net income for the quarter was $215.2 million, with diluted earnings per share of $2.11 and adjusted diluted earnings per share of $2.30 [5][6] - The return on average common equity was 9.9%, while the return on average tangible common equity was 18.2% [5][6] Balance Sheet - Total assets as of June 30, 2025, were $65.9 billion, with total loans amounting to $47.3 billion [10][12] - Total deposits increased to $53.7 billion, reflecting a growth of $359 million or 3% from the previous quarter [5][12] - The company maintained a strong capital position with a Tier 1 common equity ratio of 11.2% and total risk-based capital ratio of 14.5% [5][6] Loan and Deposit Growth - Loans increased by $501 million, or 4%, during the quarter, while deposits rose by $359 million, or 3% [5][6] - The ending loan-to-deposit ratio was 88%, indicating a healthy balance between loans and deposits [5] - The loan portfolio included significant contributions from commercial real estate and consumer real estate segments [10][11] Noninterest Income and Expenses - Noninterest income for the quarter was $86.8 million, with fees on deposit accounts contributing $37.9 million [8][9] - Total noninterest expenses were $375.1 million, with salaries and employee benefits being the largest component [8][9] - The efficiency ratio improved to 53%, with an adjusted efficiency ratio of 49% [5][6]

Financial Performance - First Horizon Corporation reported a net income available to common shareholders of $233 million for the second quarter of 2025, translating to earnings per share (EPS) of $0.45, an increase of $0.04 from the prior quarter's EPS of $0.41 [1] - Adjusted net income for the second quarter was $229 million or $0.45 per share, up from $217 million or $0.42 per share in the first quarter of 2025, reflecting a $0.03 increase [1] Management Commentary - The President and CEO, Bryan Jordan, expressed satisfaction with the company's strong performance, emphasizing a commitment to safety, soundness, profitability, and growth [2] - Jordan highlighted the strengths of the business model and geographic footprint as key factors contributing to the positive results in the second quarter and the first half of the year [2] Company Overview - First Horizon Corporation, headquartered in Memphis, TN, has $82.1 billion in assets as of June 30, 2025, and operates in 12 states primarily in the southern U.S. [12] - The company offers a range of financial services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services [12]