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Uwharrie Q2 Profit Jumps 29 Percent
The Motley Fool· 2025-07-25 22:13
Uwharrie Capital (UWHR 1.64%), a community-focused financial institution serving several central North Carolina counties, In the earnings statement released July 25, 2025, Uwharrie Capital reported net income (GAAP) of $2.8 million, compared to $2.2 million in Q2 2024. Net income available to common shareholders rose to $2.7 million, or $0.38 per share, up from $2.1 million and $0.29 per share in the prior year (GAAP). Total assets reached $1.17 billion as of June 30, 2025, compared to $1.13 billion at Dece ...
Southside Bancshares, Inc. to Ring NYSE Opening Bell to Celebrate 65th Anniversary
Globenewswire· 2025-07-25 16:00
TYLER, Texas, July 25, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NYSE:SBSI), parent company of Southside Bank, will ring the opening bell at the New York Stock Exchange on Monday, July 28th to celebrate the 65th anniversary of Southside Bank. Lee R. Gibson, Chief Executive Officer, alongside members of the Company’s management team and board of directors, will participate in the ceremonial bell ringing. “We are honored to ring the NYSE opening bell to commemorate Southside's 65th ...
Popular Q2 Earnings Beat on Strong NII & Fee Income Growth Y/Y
ZACKS· 2025-07-24 17:06
Key Takeaways BPOP's Q2 EPS of $3.09 beat estimates and rose from $2.46 in the year-ago period.Net interest income rose 11.1% to $631.5M, and non-interest income climbed 1.3% year over year.Credit loss provisions rose 4.6% year over year, and expenses climbed nearly 5% from Q2 2024.Popular, Inc. (BPOP) reported second-quarter 2025 adjusted earnings per share (EPS) of $3.09, surpassing the Zacks Consensus Estimate of $2.60. The bottom line compared favorably with $2.46 reported in the year-ago quarter.The re ...
Insights Into Texas Capital (TCBI) Q2: Wall Street Projections for Key Metrics
ZACKS· 2025-07-14 14:16
Core Viewpoint - Analysts project Texas Capital (TCBI) will report quarterly earnings of $1.28 per share, a 60% increase year over year, with revenues expected to reach $298.24 million, an 11.7% increase from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 0.7% in the past 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Financial Metrics - Analysts estimate the 'Efficiency Ratio' to be 66.6%, down from 70.6% a year ago [4]. - The 'Net Interest Margin' is expected to be 3.2%, up from 3.0% in the same quarter last year [5]. - The 'Average Balance - Total earning assets' is projected at $30.98 billion, compared to $28.57 billion a year ago [5]. - 'Total Non-Performing Assets' are estimated at $96.88 million, up from $85.02 million a year ago [5][6]. Income Projections - 'Net Interest Income' is forecasted to reach $245.58 million, compared to $216.58 million last year [6]. - 'Total Non-Interest Income' is expected to be $52.56 million, up from $50.42 million a year ago [6]. - 'Net Interest Income (FTE)' is estimated at $246.85 million, compared to $216.65 million in the same quarter last year [7]. - 'Wealth Management and Trust Fee Income' is projected at $4.02 million, up from $3.70 million last year [7]. Additional Income Metrics - 'Service Charges on Deposit Accounts' are expected to reach $8.12 million, compared to $5.91 million a year ago [8]. - 'Other Non-Interest Income' is projected at $8.22 million, up from $7.99 million last year [8]. - 'Trading Income' is expected to be $6.12 million, compared to $5.65 million in the same quarter last year [9]. Stock Performance - Texas Capital shares have returned +14.6% over the past month, outperforming the Zacks S&P 500 composite's +4% change [9].
Plumas Bancorp(PLBC) - 2024 Q3 - Earnings Call Presentation
2025-06-27 11:28
Nevada County INVESTOR PRESENTATION UPDATED THROUGH SEPTEMBER 30, 2024 1 Forward Looking Statements Disclaimer The statements contained herein that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond our control. There can be no assurance that future devel ...
Unity Bank Expands Branch Network with Opening of New Location in Madison, New Jersey
Globenewswire· 2025-06-20 12:00
Core Viewpoint - Unity Bank is expanding its community banking presence with the opening of a new branch in Madison, NJ, bringing the total number of branches to 22, thereby enhancing its retail banking footprint in New Jersey and Pennsylvania [3][6]. Group 1: Branch Expansion - The new 2,000-square-foot branch features onsite parking, drive-up banking, and a full-service ATM, aimed at providing a seamless and convenient banking experience for customers [4]. - The branch previously operated under another bank and is being updated to meet Unity Bank's high standards for a welcoming environment [4]. Group 2: Leadership and Management - Linda Kemper, Vice President/Area Manager, leads the new branch sales team, bringing extensive experience in community banking and a strong dedication to customer service [5]. Group 3: Financial Performance - Unity Bank manages approximately $2.6 billion in total assets and holds $2.0 billion in deposits, reflecting its commitment to providing exceptional financial services tailored to retail, corporate, and small business customers [7]. Group 4: Company Overview - Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, which operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services [8].
First Citizens BancShares: Strong Returns On Equity Should Lead To Outperformance
Seeking Alpha· 2025-06-02 15:57
Company Overview - First Citizens BancShares Inc. is a mid-sized U.S. bank that provides checking, savings, money market, and time deposit accounts [1] - The bank focuses on commercial construction, commercial and industrial loans, and SBA financing in its lending operations [1] Analyst Background - The analyst has over five years of experience in the Australian banking industry, enhancing their understanding of financial institutions and sharpening analytical skills in assessing bank stocks [1] - The analyst has been an active investor for more than half a decade, primarily focusing on equity markets with a target return of over 10% per annum [1] - The analyst aims to demystify the complexities of bank stocks and provide practical advice to foster a community of knowledgeable investors [1]
LENDINGTREE REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-05-01 20:15
Core Insights - LendingTree, Inc. reported a strong performance for Q1 2025, with total revenue reaching $239.7 million, a 43% increase year-over-year [5][9] - The company experienced growth across all three business segments, demonstrating the resilience of its financial performance [2][3] Financial Performance - Adjusted EBITDA for the quarter was $24.6 million, reflecting a 14% year-over-year growth [2][6] - The net loss for the quarter was $(12.4) million, or $(0.92) per diluted share, compared to a net income of $1.0 million in Q1 2024 [5][6][9] - Variable marketing margin was $77.7 million, a 12% increase from the previous year [8][9] Segment Performance - Home segment revenue was $37.0 million, up 22% year-over-year, with segment profit increasing by 36% to $13.1 million [7][9] - Consumer segment revenue reached $56.0 million, a 9% increase, with personal loans revenue growing by 16% [7][9] - Insurance segment revenue surged by 71% to $146.7 million, translating into a segment profit of $38.7 million, up 16% [7][9] Marketing and Operational Efficiency - The company emphasized its commitment to operational excellence, which has led to broad growth across all segments [3] - Fixed costs are being managed carefully while strategically investing in growth initiatives, establishing a culture of efficiency [3] Outlook - LendingTree updated its full-year 2025 outlook, projecting revenue between $955 million and $995 million [18] - The second-quarter revenue is expected to be between $241 million and $248 million [18]
Eastern Bankshares(EBC) - 2025 Q1 - Earnings Call Presentation
2025-04-25 23:38
Q1 Earnings Presentation April 24, 2025 Q1 2025 financial highlights Key Metrics Highlights $(217.7) million Net loss $67.5 million Operating net income* | $(1.08) | $0.34 | | --- | --- | | Diluted EPS | Diluted operating EPS* | | 3.38% | 1.48% | | NIM* | Total deposit cost | | 0.51% | 0.26% | | NPLs / total loans | NCOs / avg. loans | | $0.13 per share | | Dividend declared $16.94 $12.01 BV/Share TBV/Share* *Non-GAAP Financial Measure. Please refer to Appendices A-D for applicable reconciliation. 1CET1 rat ...
Unity Bank Recognized Again on Hovde Group's High-Performer List
Newsfilter· 2025-04-22 16:11
Core Insights - Unity Bank has been recognized as one of the top-performing small banks in the United States by the Hovde Group, marking the third consecutive year of inclusion in the high-performer list, indicating strong financial management and customer service [1][3]. Group 1: Performance Recognition - The Hovde Group's 2025 report evaluates small banks with market capitalizations between $100 million and $1.5 billion, ranking them based on financial metrics such as pre-tax pre-provision net revenue, efficiency ratios, loan and deposit growth, tangible book value growth, and employee productivity [2]. - Unity Bank's recognition reflects the strength of its strategic approach, employee dedication, and customer trust, emphasizing a focus on long-term, responsible growth [3]. Group 2: Company Overview - Unity Bancorp, Inc. (NASDAQ:UNTY) is the parent company of Unity Bank, which operates 21 branches across New Jersey and the Lehigh Valley, Pennsylvania, providing community-focused commercial banking services [5].