Deposit & Liquidity - 82% of deposits are insured or collateralized, totaling $1.48 billion[11, 13] - The company has a diverse commercial deposit base with no industry concentration exceeding 10%[15] Loan Portfolio - Non-Owner Occupied CRE portfolio has a loan balance of $453 million as of June 30, 2025, with an approximate weighted average LTV of 52%[25] - Owner Occupied CRE portfolio has a loan balance of $241 million as of June 30, 2025, with an approximate weighted average LTV of 50%[31] - Multi-family loan balance outstanding is $239 million as of June 30, 2025, with an approximate weighted average LTV of 62%[37] - Commercial & Industrial Loans have a balance of $109 million as of June 30, 2025[43] - Construction & Development Loans have a balance of $70 million as of June 30, 2025, with 59% utilized of commitments[49] - Agricultural Real Estate & Operating Loans have a balance of $101 million as of June 30, 2025[56] Credit Quality - Total loans graded 1 to 5 (Pass) amounted to $1,307,424 thousand as of June 30, 2025[91] - Total loans graded 6 (Watch) amounted to $23,201 thousand as of June 30, 2025[91] - Total loans graded 7 (Substandard) amounted to $17,922 thousand as of June 30, 2025[91]

Financial Performance - The company generated a record quarterly free cash flow of $63 million in Q2 2025 [10] - Revenue increased to $308.4 million in Q2 2025 from $218.2 million in Q2 2024 [29], representing a 41% increase - Net earnings increased to $68.3 million in Q2 2025 from $53.1 million in Q2 2024 [29], representing a 28.6% increase - Adjusted net earnings increased significantly to $89.8 million in Q2 2025 from $17.0 million in Q2 2024 [29] - The company has a strong liquidity position with $226 million in cash and cash equivalents as of June 30, 2025 [30] Operational Performance - Consolidated gold production was 78,595 ounces in Q2 2025 compared to 68,598 ounces in Q2 2024 [17], representing a 14.6% increase - Rainy River achieved record monthly production and generated a record $45 million in free cash flow during the quarter [10] - New Afton's C-Zone cave construction is approximately 65% complete [10], with the undercut level completed in May [10] - Rainy River underground development achieved pit portal breakthrough in early April [10], with fresh air commissioning and ventilation loop completion in June [10] Outlook - The company anticipates generating approximately $2.2 billion in cumulative free cash flow from 2025-2027, averaging around $720 million per year, assuming gold at $3,000/oz and copper at $4.00/lb [41, 42]

Transaction Overview - Torex Gold is set to acquire all outstanding shares of Prime Mining, implying an equity value of $449 million (US$327 million)[19] - The transaction consideration is an exchange ratio of 0.0600 Torex common shares per Prime Mining share, representing an offer price of $2.57 per Prime Mining share based on Torex's closing price on July 25, 2025[19] - This represents a 32.4% premium based on the 30-day volume-weighted average prices of Torex and Prime Mining and an 18.5% premium based on spot prices[19] Benefits to Torex Gold Shareholders - The acquisition diversifies Torex's asset base by adding the Los Reyes project, a high-quality advanced exploration/development asset, to drive growth[20] - The Los Reyes project boasts a sizeable mineral resource, materially increasing Torex's resource base[20] Benefits to Prime Mining Shareholders - Prime Mining shareholders receive an immediate and significant premium, including a 32.4% premium to the 30-day VWAP and an 18.5% premium to spot prices[21] - Prime Mining shareholders gain participation in a high-margin, growing gold-copper company through a 10.7% ownership in the pro forma company[21] Los Reyes Project Highlights - The Los Reyes project has a multi-million ounce deposit, including a high-grade mill resource[29] - The Los Reyes project contains total indicated resources of 49.0 million tonnes with a gold grade of 0.95 g/t and a silver grade of 34.2 g/t, containing 1,491 koz of gold and 54.0 Moz of silver[30] - The Los Reyes project contains total inferred resources of 17.2 million tonnes with a gold grade of 0.97 g/t and a silver grade of 39.0 g/t, containing 538 koz of gold and 21.6 Moz of silver[30] Exploration and Development - Torex has budgeted $45 million towards drilling in 2025 (124,500 metres) across its properties[41]

Financial Performance - Revvity's Q2 2025 revenue reached $720 million, a 4% year-over-year increase[11] - Organic revenue growth was 3%, with a 1% positive impact from foreign exchange[11] - Adjusted operating margin was 266%, a decrease of 210 basis points year-over-year[11] - Adjusted EPS was $118, a 3% decrease year-over-year[11] - Free cash flow was $115 million for the quarter, with a year-to-date total of $234 million[11] Segment Performance - Life Sciences revenue was $366 million, with a 5% reported increase, including 4% organic growth and 1% from FX[13, 14] - Diagnostics revenue was $354 million, with a 3% reported increase, including 2% organic growth and 1% from FX[16, 17] - Life Sciences adjusted operating margin was 316%, a decrease of 220 basis points year-over-year[14] - Diagnostics adjusted operating margin was 252%, a decrease of 180 basis points year-over-year[17] 2025 Financial Guidance - Revvity projects full-year revenue between $284 billion and $288 billion, representing a 3% to 5% reported increase[18]

Company Overview - California BanCorp has a market capitalization of $533 million [11] - The company possesses total assets of $40 billion and deposits of $33 billion as of June 30, 2025 [11] - The company has a 5-year asset CAGR of 207% and a 5-year deposit CAGR of 234% [11] Balance Sheet and Loan Portfolio - Total loans held for investment were $30 billion at June 30, 2025, compared to $31 billion at March 31, 2025, and $19 billion at June 30, 2024 [10] - Noninterest-bearing deposits accounted for 368% of total deposits as of June 30, 2025 [10] - As of June 30, 2025, total multifamily loans amounted to $2585 million, representing 86% of total loans [66] Financial Performance - Net income for Q2 2025 was $141 million, with diluted EPS at $043 [25] - The return on average assets for Q2 2025 was 145%, and the return on average common equity was 1050% [25] - The net interest margin for Q2 2025 was 461% [25] - The efficiency ratio for Q2 2025 was 561% [25] - Non-performing assets to total assets stood at 046% for Q2 2025 [25] - The allowance for credit losses to total loans held for investment was 146% as of June 30, 2025 [25]

Financial Performance - GAAP Net Income was $2839 million, or $053 per diluted share, with a 17% Return on Equity[15] - Earnings Available for Distribution (EAD) reached $2911 million, or $054 per diluted share, resulting in an 18% Return on Equity[15] - The company's book value stood at $67 billion, equivalent to $1271 per common share[15] - Cash and liquidity amounted to $21 billion, complemented by a common stock dividend with an 89% dividend yield, or $025 per common share[15] Business Highlights - Rithm Capital has approximately $80 billion in investable assets, including $36 billion in Assets Under Management (AUM) and $44 billion in balance sheet assets[9] - Newrez's total servicing portfolio reached $864 billion UPB, ranking it as the 3 US Mortgage Servicer and 4 US Mortgage Originator[12] - Genesis Capital's Q2'25 originations totaled $12 billion, representing a 49% year-over-year increase[30] - Sculptor Capital reported $36 billion of AUM, up $35 billion since acquisition close, with $17 billion of gross inflows in Q2[30] Strategic Initiatives - The company believes a strategy centered on earnings growth and an increased focus on fee-related earnings will lay a foundation for significant upside[17] - Rithm Property Trust has an active investment pipeline of over $2 billion[12] - The company's current valuation of 96% of book value understates the intrinsic value of Rithm's core segments[25]

Acquisition Overview - iA Financial Group will acquire 100% of RF Capital Group for $20.00 per share[8] - The purchase price is $597 million, representing 1.5% of RF Capital's AUA as of June 30, 2025[8] - The transaction is valued at 6.7x RF Capital's last 12 months fully synergized EBITDA as of March 31, 2025[8] Strategic Benefits - The partnership adds over $40 billion in AUA and 189 advisors to iA Wealth[6] - iA Wealth's advisory network will increase to over 2,750 partners with a combined ~$175 billion in AUA[6] - The acquisition strengthens iA Wealth's presence in the high-net-worth segment[6] Financial Impact - The transaction is expected to be neutral to core earnings in the first year and accretive to core EPS by $0.15+ in the second year[6] - Transaction and integration costs are estimated at $60 million before tax, to be incurred over the first three years[8] - The purchase price is expected to reduce iA's solvency ratio by approximately 6 percentage points and reduce capital available for deployment by ~$0.6 billion[8] RF Capital Overview - RF Capital has $40 billion in AUA[14] - RF Capital's revenue is segmented with 82% from wealth management[13] - RF Capital has 189 advisors/143 teams with an average AUA of $270 million per team[15]

On March 31, 2025, the Bank successfully completed the sale of its banking operations and branches in New Jersey, including related loans and deposits (the "Branch Sale"). The transaction involved the transfer of three branch locations, $87 million of deposits, and $105 million in loans. Under the terms of the purchase and assumption agreement, deposits were sold at a 7% premium and loans were sold at par, resulting in an after- tax gain, net of transaction costs, of $8.7 million. Financial data for the mos ...

Financial Performance - Profit before tax (PBT) reached approximately VND 10.7 trillion in 1H25, a 2% year-over-year increase[93] - The Return on Equity (ROE) stood at approximately 20.6%, positioning ACB among the top-performing banks[27, 93] - Net Interest Income (NII) for 1H25 was VND 13043 billion, a 6% decrease year-over-year[33] - Non-Interest Income (NFI) grew by 39% year-over-year, reaching VND 4164 billion in 1H25, driven by investment and FX activities[39] Asset Quality and Growth - Credit growth was 9.1% year-to-date, with total lending reaching approximately VND 634 trillion[10, 93] - Deposit growth was 5.6% year-to-date, with total deposits reaching approximately VND 567 trillion[16, 93] - The Non-Performing Loan (NPL) ratio decreased to 1.27%[47] - The CASA ratio increased to 22.5% in Q2[20] Strategic Initiatives - The investment portfolio accounted for 16% of total assets[23] - Operating costs were effectively managed, maintaining the Cost-to-Income Ratio (CIR) at 32%[42, 43] - The bank launched a VND 2000 billion green/social credit package[90] Outlook - The company projects credit growth of +16%-18% vs 2024[95]

Company Overview - Wrkr Ltd (ASX: WRK) has a market capitalization of approximately $189.5 million, with a share price of 11 cents[2] - The company processes over AU$3.98 billion annually through its compliance services[7] - Wrkr has a staff of 60 employees and offices in Sydney and Melbourne[2] Market Opportunity - The Australian market includes approximately 1 million employers, over 300 payroll companies, and around 15 million employees[8] - There are approximately 22 million super fund members/accounts and around 620,000 Self-Managed Super Fund (SMSF) accounts[8] - The market sees approximately 160 million super payments, moving towards approximately 500 million with Payday Super (PDS), and around 500 million wage payments and STP events[8] Financial Performance (FY25) - Net cash from operating activities was $373,000, a 10% increase from $340,000 in FY24[19, 20] - Cash receipts from customers increased by 4% year-over-year, from $9.5 million in FY24 to $9.9 million in FY25[19, 20] - Staff costs increased by 28% year-over-year due to the team expanding by 20 people[19, 20] - Cash at the end of the period was $5.729 million, a 192% increase from $1.960 million in FY24[19] Strategic Initiatives - The company is focused on Payday Super (PDS) implementation, with pilot success at Rest Super and expansion at Australian Retirement Trust[9] - Wrkr is working with MUFG Retirement Solutions (MUFG) on implementation plans for various funds[14, 21] - The company projects net operating revenues between $10 million to $11 million for FY25[21]