Core Points - First Horizon Corporation will have CFO Hope Dmuchowski and COO Tammy LoCascio participate in the BancAnalysts Association of Boston Conference on November 6, 2025, at 3:50 pm ET [1] - A live webcast and audio replay of the event will be available on the First Horizon Investor Relations website [2] - First Horizon Corporation has $83.2 billion in assets as of September 30, 2025, and operates in 12 states in the southern U.S., offering a range of financial services [4]

Core Viewpoint - FS Bancorp, Inc. reported a decrease in net income for the third quarter of 2025, with net income of $9.2 million compared to $10.3 million in the same quarter last year, reflecting challenges in maintaining profitability amidst changing market conditions [1][7]. Financial Performance - The net income for the third quarter of 2025 was $9.2 million, or $1.18 per diluted share, down from $10.3 million, or $1.29 per diluted share, in the same quarter of 2024 [1]. - For the nine months ended September 30, 2025, net income was $24.9 million, or $3.18 per diluted share, compared to $27.6 million, or $3.45 per diluted share, for the same period in 2024 [1]. - Total deposits increased by $133.1 million, or 5.2%, to $2.69 billion at September 30, 2025, compared to $2.55 billion at June 30, 2025, and increased by $259.2 million, or 10.7%, from $2.43 billion at September 30, 2024 [7]. - Loans receivable, net increased by $17.3 million, or 0.7%, to $2.60 billion at September 30, 2025, compared to $2.58 billion at June 30, 2025, and increased by $135.9 million, or 5.5%, from $2.46 billion at September 30, 2024 [7]. Shareholder Returns - The company balanced shareholder returns in the third quarter through share repurchases, a paid special dividend, and the payment of its 50th quarterly dividend [3]. - The Board of Directors approved a cash dividend of $0.28 per common share, marking the 51st consecutive quarterly cash dividend, to be paid on November 20, 2025 [3]. Segment Reporting - The company operates through two segments: Commercial and Consumer Banking, and Home Lending [5]. - In the third quarter of 2025, the Commercial and Consumer Banking segment reported net income of $8.4 million, while the Home Lending segment reported net income of $775,000 [7]. Asset and Liability Management - Total assets increased by $32.8 million, or 1%, to $3.21 billion at September 30, 2025, compared to $3.18 billion at June 30, 2025, and increased by $238.6 million, or 8%, from $2.97 billion at September 30, 2024 [13]. - Borrowings decreased by $105.0 million, or 44.8%, to $129.3 million at September 30, 2025, compared to $234.3 million at June 30, 2025 [7]. Loan Portfolio - Total loans receivable increased to $2.63 billion during the third quarter of 2025, primarily due to growth in commercial and speculative construction and development loans [16]. - The composition of commercial real estate (CRE) loans showed an increase in total CRE loans to $932.7 million, up from $916.1 million in the previous quarter [17].

Core Insights - AmeriServ Financial, Inc. (NASDAQ:ASRV) is recognized as one of the 10 Best Bank Penny Stocks to Buy Right Now [1] - The company's President and CEO, Jeffrey A. Stopko, purchased shares valued at $5,726, acquiring a total of 2,000 shares, increasing his holdings to over 162,000 shares [2][3] Company Overview - AmeriServ Financial, Inc. provides consumer, mortgage, and commercial financial products in the U.S. [3] - The company held its 2025 annual meeting where shareholders elected three Class III directors to serve until 2028 and approved the company's auditor [3]

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 Insights - Southern Michigan Bancorp, Inc. reported a net income of $3,238,000 for Q2 2025, reflecting a 30.14% increase from $2,488,000 in Q2 2024, with earnings per share rising from $0.55 to $0.70 [1] - For the first half of 2025, net income reached $6,284,000, up 21.64% from $5,166,000 in the same period of 2024, with earnings per share increasing from $1.14 to $1.36 [1] Financial Performance - The annualized return on average assets improved to 0.81% for the first six months of 2025, compared to 0.71% for the same period in 2024 [2] - The annualized return on average equity increased to 11.31% in H1 2025 from 10.34% in H1 2024 [2] - The tax equivalent net interest margin rose to 3.20% for the six months ending June 30, 2025, compared to 2.94% for the same period in 2024 [2] Credit Quality and Loan Performance - The allowance for credit losses was $13,224,000, representing 1.11% of loans as of June 30, 2025 [3] - Net loan charge-offs for the first half of 2025 totaled $15,000, up from $11,000 in the same period of 2024 [3] - Non-performing loans as a percentage of total loans decreased to 0.01% as of June 30, 2025, down from 0.08% as of December 31, 2024 [3] Company Overview - Southern Michigan Bancorp, Inc. is a bank holding company and the parent of Southern Michigan Bank & Trust, operating 18 offices across several counties [4] Balance Sheet Highlights - Total assets increased to $1,571,263,000 as of June 30, 2025, from $1,496,555,000 at the end of 2024 [6][7] - Total deposits rose to $1,304,115,000 in June 2025, compared to $1,251,795,000 in December 2024 [7] - Total shareholders' equity increased to $113,712,000 as of June 30, 2025, from $107,223,000 at the end of 2024 [7] Income Statement Summary - Total interest income for the first half of 2025 was $40,441,000, up from $37,264,000 in the same period of 2024 [8] - Total non-interest income increased to $4,730,000 in H1 2025, compared to $4,020,000 in H1 2024 [9] - Net income before income taxes for the first half of 2025 was $7,519,000, compared to $6,299,000 in the same period of 2024 [9]

Core Points - FS Bancorp, Inc. reported a net income of $7.7 million for Q2 2025, a decrease from $9.0 million in Q2 2024, and a net income of $15.7 million for the first half of 2025, down from $17.4 million in the same period last year [1][7][9] - The company experienced a decrease in total deposits by $61.8 million, or 2.4%, to $2.55 billion compared to the previous quarter, but an increase of $170.6 million, or 7.2%, from the same quarter last year [7] - The company’s loan receivable, net increased by $81.2 million, or 3.2%, to $2.58 billion compared to the previous quarter, and increased by $125.1 million, or 5.1%, from the same quarter last year [7] - The company repurchased 132,282 shares of common stock at an average price of $38.92 per share, with a remaining authorization of $725,000 for future purchases [7] - The Board of Directors approved a cash dividend of $0.28 per common share and a special dividend of $0.22 per common share, marking the 50th consecutive quarterly cash dividend [3] Financial Performance - Net interest income for the Commercial and Consumer Banking segment was $29.2 million, while the Home Lending segment reported $2.9 million for Q2 2025 [8] - The provision for credit losses was $(1.8) million for the Commercial and Consumer Banking segment and $(0.2) million for the Home Lending segment [8] - Noninterest income totaled $5.2 million, with noninterest expenses at $25.5 million for the quarter [8] Segment Reporting - The Commercial and Consumer Banking segment generated a net income of $7.4 million, while the Home Lending segment contributed $351,000 for Q2 2025 [7][8] - Total average assets for the Commercial and Consumer Banking segment were $2.47 billion, and for the Home Lending segment, $649.4 million [8] - The company operates through two segments: Commercial and Consumer Banking, and Home Lending, providing a range of financial products and services [5] Asset Summary - Total assets increased by $109.9 million, or 4%, to $3.18 billion compared to the previous quarter, and by $234.6 million, or 8%, from the same period last year [14] - Loans receivable, net increased to $2.58 billion, reflecting a focus on balance sheet growth through loan origination [14][16] - The company’s regulatory capital ratios were 14.1% for total risk-based capital and 11.2% for Tier 1 leverage capital as of June 30, 2025 [7]

Core Viewpoint - 3M is scheduled to release its earnings report on July 18, 2025, which is significant for traders employing event-driven strategies [2]. Earnings Performance - Over the past five years, 3M's stock has shown a balanced response to earnings releases, with 50% of cases resulting in a positive one-day return (median of 4.8%) and 50% in a negative return (median of -2.8%) [3][11]. - For the upcoming second quarter of 2025, consensus forecasts predict earnings of $2.01 per share on revenue of $6.05 billion, reflecting a 4.2% increase in earnings per share compared to $1.93 per share from the same quarter last year, despite a decrease in sales from $6.25 billion [4]. Market Position and Financials - 3M currently has a market capitalization of approximately $85 billion, with $25 billion in revenue generated over the past twelve months, operating profits of $4.9 billion, and a net income of $4.4 billion [5]. Trading Strategies - Traders may consider pre-earnings positioning based on historical probabilities, anticipating price movements, or post-earnings positioning to analyze immediate market responses before making trades [7]. - Understanding the correlation between short-term and medium-term returns post-earnings can guide trading decisions, particularly if a strong correlation exists between 1D and 5D returns [9].

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]

Core Insights - First Horizon Corporation has achieved a record participation in the Teach Children to Save program, educating 8,900 students in financial literacy [1][3] - The initiative is part of a 15-year partnership with the American Bankers Association Foundation, emphasizing the importance of financial education in schools [3] - The program aims to fill knowledge gaps in traditional education by teaching essential money management skills such as saving, budgeting, and responsible spending [1][3] Company Overview - First Horizon Corporation, as of March 31, 2025, has $81.5 billion in assets and operates in 12 states across the southern U.S. [5] - The company offers a wide range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [5] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. by Fortune and Forbes magazines [5]

Company Overview - First Horizon Bank has been named the Official Financial Services sponsor of the 2025 FedEx St. Jude Championship, taking place from August 6-10, 2025 [1][2] - The bank has a legacy of 161 years and operates over 400 banking centers across the southeastern U.S., providing a range of financial services [2][4] - As of March 31, 2025, First Horizon Corp. has $81.5 billion in assets and has been recognized as one of the best employers and a top reputable bank in the U.S. [4] Industry Context - The FedEx St. Jude Championship is the first of three events in the FedExCup Playoffs, featuring the top 70 players in the FedExCup Playoffs and Eligibility Points List [3][5] - The tournament has been held annually in Memphis since 1958, with 2025 marking the fourth year of hosting a Playoffs event [5] - Since 1970, the tournament has raised over $80 million for St. Jude Children's Research Hospital, ensuring that families do not receive bills for treatment [5]