Core Viewpoint - Security Federal Corporation reported strong third-quarter results for 2025, with significant increases in net income and net interest income, reflecting effective management and improved credit quality [2][3][16] Financial Performance - Net income available to common shareholders for Q3 2025 increased to $3.2 million, or $1.01 per share, up from $2 million, or 62 cents per share, a year earlier, marking a 59% increase in quarterly earnings per share [2] - For the nine months ended September 30, 2025, net income totaled $8.1 million, or $2.57 per share, compared to $5.9 million, or $1.83 per share, in the same period of 2024 [3] Key Business Metrics - Net interest income for Q3 grew 16% year over year to $12.1 million, supported by a 3.1% rise in total interest income to $20.1 million and an 11.7% decline in total interest expenses to $8.1 million [4] - Non-interest income increased 0.3% year over year to $2.6 million in Q3, while for the first nine months of 2025, it rose 3.7% to $7.7 million [5] Credit Quality & Risk Management - The company recorded a $200,000 net reversal in credit loss provisions for the first nine months of 2025, compared to a $1.1 million provision in the same period of 2024 [6] - Non-performing assets decreased to $5.7 million as of September 30, 2025, down from $6.8 million a year earlier [6] Balance Sheet Trends - Total assets reached $1.61 billion at the end of Q3, a 2.3% year-over-year increase [7] - Deposits increased 3.1% to $1.37 billion, while borrowings declined 58% to $39 million after full repayment of Federal Reserve advances [8] Capital Position - The total risk-based capital ratio improved to 20.46% from 19.21% a year ago, with a common equity Tier 1 capital ratio of 19.20% [9] - Book value per share rose to $35.80 from $31.97 in the prior year [9] Management Commentary & Outlook - Management attributed the strong performance to higher net interest margins and disciplined expense management despite inflationary pressures [11] - The company is focused on deposit growth, loan quality, and strategic capital deployment while acknowledging potential economic challenges [13] Other Developments - In Q1 2025, Security Federal purchased a multi-tenant property for a future full-service branch, contributing to higher rental income [14] - The company operates 19 full-service branches, offering various financial services through its subsidiary [15]

Core Insights - Voya Financial is positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 25.03% in the last two quarters [1][5] Earnings Performance - For the last reported quarter, Voya achieved earnings of $2.4 per share, exceeding the Zacks Consensus Estimate of $2.09 per share by 14.83% [2] - In the previous quarter, Voya's earnings were $2.15 per share against an expected $1.59 per share, resulting in a surprise of 35.22% [2] Earnings Estimates and Predictions - Estimates for Voya have been trending higher due to its history of earnings surprises, with a positive Zacks Earnings ESP of +0.76%, indicating bullish sentiment among analysts [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data showing that nearly 70% of stocks with this combination exceed consensus estimates [6][8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions which may provide more accurate predictions [7] - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9] Importance of Earnings ESP - Monitoring a company's Earnings ESP before quarterly releases is crucial for increasing the likelihood of successful investment decisions [10]

Core Viewpoint - Voya Financial (VOYA) is anticipated to report a year-over-year decline in earnings due to lower revenues, with the upcoming earnings report expected to significantly influence its stock price [1][2]. Earnings Expectations - The consensus estimate for Voya's quarterly earnings is $2.09 per share, reflecting a year-over-year decrease of 7.9% [3]. - Expected revenues for the quarter are $298.2 million, down 8% from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.9%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Voya is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.08% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictive power for positive readings [9][10]. - Voya's current Zacks Rank is 3 (Hold), complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Voya exceeded the expected earnings of $1.59 per share, achieving actual earnings of $2.15, resulting in a surprise of +35.22% [13]. - Voya has beaten consensus EPS estimates in each of the last four quarters [14]. Conclusion - Voya does not appear to be a compelling candidate for an earnings beat based on current estimates and revisions, but other factors should also be considered by investors [17].