Dafinchi AI

Berkshire Hills Bancorp, Inc.

BHLB

Financial Services

3w

Financial Performance Summary

Average deposits were up 1% linked quarter and 6% year-over-year excluding payroll and broker deposits.
Average loans increased by $95 million or 1% linked quarter and $327 million or 4% year-over-year.
Net interest income increased by $2.2 million or 2% linked quarter and 4% year-over-year.
Net interest margin was 3.27%, up 3 basis points linked quarter.
Nonperforming loans were 27 basis points of total loans, net charge-offs were $3.3 million, down $200,000 linked quarter, and coverage ratio remained flat at 124 basis points.
Operating earnings per share were $0.69, up 15% from the first quarter and 25% year-over-year.
Operating expenses were $67 million, down 2% linked quarter and 7% year-over-year.
Operating net income was $31.6 million, up 14% linked quarter and 36% year-over-year.
Operating noninterest income was up 5% linked quarter and 8% year-over-year, driven by loan-related fees and BOLI gains.
Operating ROTCE was 10.76%, up about 110 basis points linked quarter and year-over-year.

Ladder Capital Corp

LADR

Financial Services

3w

Achievement of Investment-Grade Ratings and Its Strategic Significance

Ladder achieved investment-grade ratings from Moody's (Baa3) and Fitch (BBB-) in Q2 2025, a milestone after a 13-year journey since 2012.
Management emphasized that this upgrade reflects prudent balance sheet management, diversified business model, and disciplined leverage.
The upgrade is expected to reduce the company's cost of debt, tighten spreads, and improve market perception, positioning Ladder for broader investor comparison including high-quality peers.

Brighthouse Financial, Inc.

BHF

Financial Services

1w

Financial Performance Summary

Brighthouse Financial reported second quarter 2025 adjusted earnings of $198 million or $3.43 per share, down from $245 million in Q1 2025 and $346 million in Q2 2024.
Corporate expenses were $202 million pretax, down from $239 million in Q1 2025 but slightly higher than $200 million in Q2 2024.
Estimated combined risk-based capital (RBC) ratio was between 405% and 425%, within the target range of 400% to 450%.
Holding company liquid assets exceeded $900 million as of June 30, 2025.
Life insurance sales reached $33 million in Q2, contributing to a record $69 million year-to-date, up 21% year-over-year.
Total annuity sales increased 16% sequentially to $2.6 billion, with Shield sales contributing $1.9 billion and fixed annuities $500 million.

Kemper Corporation

KMPR

Financial Services

1w

Financial Performance Summary

Adjusted consolidated net operating income was $84.1 million or $1.30 per diluted share.
Commercial Auto segment had an underlying combined ratio of 90% with 18% PIF growth, despite $19 million adverse prior-year development.
Kemper reported net income of $72.6 million or $1.12 per diluted share for Q2 2025.
Life segment showed stable operating results with strong return on capital and distributable cash flows.
Operating cash flow hit an all-time high of nearly $600 million trailing 12 months.
Return on adjusted equity was 14.9%, with adjusted book value per share growth of 14.3% year-over-year.
Specialty Auto segment produced an underlying combined ratio of 93.5% and 8% year-over-year policies in force (PIF) growth.
The company repurchased $80 million of common stock since April 1 and received board approval for an additional $500 million repurchase authorization.