Dafinchi AI

Braemar Hotels & Resorts Inc.

BHR

Financial Services

2w

Financial Performance Summary

Adjusted EBITDAre for the quarter was $38.9 million.
Braemar Hotels & Resorts reported a net loss attributed to common stockholders of $16 million or $0.24 per diluted share for Q2 2025.
Comparable hotel EBITDA grew 3.7% to $47.8 million with slightly stronger margins.
Comparable RevPAR increased by 1.5% to $318, marking the third consecutive quarter of growth.
Comparable total hotel revenue increased by 3.3% over the prior year period.
Food and beverage revenue increased 6.6%, contributing to margin improvement of 11 basis points.
Quarterly common stock dividend declared at $0.05 per share, equating to an annual yield of approximately 9.1%.
Resort portfolio RevPAR increased 1.6% to $464 with a 6.9% increase in hotel EBITDA to $25.7 million.
Urban hotels delivered 0.5% comparable RevPAR growth with notable revenue growth at the Clancy in San Francisco (+14%).

James River Group Holdings, Ltd.

JRVR

Financial Services

1w

Financial Performance Summary

Adjusted net operating income was $0.23 per share for the quarter, with net income from continuing operations available to common shareholders at $3.2 million or $0.07 per diluted share.
Gross written premium for casualty E&S increased 4% year-over-year, with the overall E&S segment growing 3%.
James River Group reported an annualized adjusted net operating return on tangible common equity of 14% for Q2 2025, consistent with their mid-teens return target.
Net investment income was $20.5 million, up from $20 million in the previous quarter, with a conservative portfolio averaging an A+ credit rating and 3.5 duration.
Segment expenses declined over 20% year-to-date compared to the prior year, with corporate expenses down $2.4 million sequentially and $400,000 quarter-over-quarter.
Tangible common book value per share increased 5.3% to $7.49.
The combined ratio in the E&S segment was 91.7%, nearly 4 points lower than the prior year quarter, supported by underwriting profit of $11.7 million.
The group's overall combined ratio was 98.6%, consisting of a 68.1% loss ratio and a 30.5% expense ratio, with retroactive capacity lowering the combined ratio by 6.1%.

Southside Bancshares, Inc.

SBSI

Financial Services

3w

Financial Performance Summary

Allowance for credit losses decreased slightly to $48.3 million, representing 0.97% of total loans.
Annualized return on average assets was 1.07%, and annualized return on average tangible common equity was 14.38%.
Capital ratios remain strong and well above regulatory thresholds; liquidity lines available totaled $2.33 billion.
Deposits increased by $41.1 million or 0.6% on a linked-quarter basis, driven by increases in broker, commercial, and retail deposits.
Loans as of June 30 were $4.60 billion, a linked quarter increase of $34.7 million or 0.8%.
Net income for Q2 2025 was $21.8 million, with diluted earnings per share of $0.72, representing a 1.4% increase from Q1.
Net interest margin increased 9 basis points to 2.95%, and net interest income increased by $414,000 to $54.3 million.
Noninterest expense increased 5.8% linked quarter, mainly due to a $1.2 million write-off and demolition of a replaced branch.
Noninterest income increased 12.7% linked quarter, primarily due to swap fee income and deposit services income.
Nonperforming assets remained low at 0.39% of total assets, and classified loans decreased from $67 million to $55.4 million.

PROG Holdings, Inc.

PRG

Financial Services

3w

Financial Performance Summary

Adjusted EBITDA was $73.5 million, exceeding the high end of outlook, with Progressive Leasing adjusted EBITDA at $69.7 million or 12.2% of revenue.
Four Technologies delivered over 200% revenue growth and 167% GMV growth year-over-year, achieving profitability in Q1 and Q2 2025.
Gross margin for Progressive Leasing was 32.4%, down 15 basis points year-over-year, impacted by increased 90-day purchase option utilization and Big Lots loss.
Non-GAAP EPS was $1.02, significantly exceeding the outlook range of $0.75 to $0.85 per share.
PROG Holdings delivered revenue and earnings above the high end of guidance in Q2 2025, with consolidated revenue of $604.7 million, representing low single-digit growth year-over-year.
Progressive Leasing segment GMV was $413.9 million, down 8.9% year-over-year due to Big Lots bankruptcy and tightening actions, but up approximately 1% excluding Big Lots impact.
SG&A expenses increased to $78.9 million or 13.8% of revenue, reflecting investments in technology and sales enablement.
Write-offs came in at 7.5%, 20 basis points better than last year, within the targeted annual range of 6% to 8%.

Banner Corporation

BANR

Financial Services

4w

Financial Performance Summary

Banner called and repaid $100 million of subordinated notes, reducing funding costs.
Banner Corporation reported a net profit available to common shareholders of $45.5 million or $1.31 per diluted share for Q2 2025, up from $1.15 per share in Q2 2024 and $1.30 in Q1 2025.
Core earnings (pretax pre-provision excluding certain items) were $62 million in Q2 2025, compared to $52 million in Q2 2024.
Loan losses were $1.7 million with recoveries of $600,000; net provision for credit losses was $4.8 million.
Loans increased 5% year-over-year and 9% annualized in the quarter; core deposits increased 4% year-over-year and represented 89% of total deposits.
Net interest income increased $3.3 million from prior quarter; net interest margin remained steady at 3.92%.
Noninterest expense was stable with some increases offset by higher capitalized loan origination costs.
Noninterest income decreased $1.4 million due to losses on asset disposals and fair value adjustments.
Return on average assets was 1.13% for Q2 2025.
Revenue from core operations was $163 million in Q2 2025 versus $150 million in Q2 2024.
Strong capital ratios and tangible common equity per share increased 13% year-over-year.

BPOP

Financial Services

3w

Financial Performance Summary

Credit quality improved with lower nonperforming loans (NPLs), net charge-offs down to $42 million (45 bps annualized), and provision for credit losses reduced to $50 million.
Deposits increased by $1.4 billion ending balance, with average balances up $499 million; deposit costs decreased by 5 basis points overall.
Loan growth was strong at $931 million, with $681 million at Banco Popular Puerto Rico (BPPR) and $251 million at Popular Bank (PB).
Net income for Q2 2025 was $210 million, up $32 million from Q1, with EPS increasing 21% to $3.09 per share.
Net interest income (NII) increased by $26 million to $632 million, driven by loan growth, asset repricing, and lower deposit costs.
Net interest margin expanded by 9 basis points GAAP and 12 basis points tax equivalent.
Net interest margin expanded by 9 basis points GAAP and 12 basis points tax equivalent basis.
Noninterest income was $168 million, up $16 million from Q1, driven by higher transaction fees and other operating income.
Operating expenses increased $22 million to $493 million, mainly due to $17 million higher personnel costs and $13 million profit sharing accrual.
Regulatory capital remains strong with CET ratio at 15.91% and tangible book value per share at $75.41.
Return on tangible common equity (ROTCE) was 13.3%, up 190 basis points from Q1, with guidance to exceed 12% ROTCE for full year and target 14% longer term.
Share repurchases totaled $112 million in Q2 at an average price of $99 per share, with $33 million remaining on prior authorization plus a new $500 million program.

Interactive Brokers Group, Inc.

IBKR

Financial Services

4w

Financial Performance Summary

Commission revenue increased by 27% year-over-year to a record $516 million, with an additional $15 million in commission revenue lost due to the SEC fee rate reduction to zero mid-quarter.
Customer credit balances rose 34% to a record $144 billion, and client equity increased 34% to $604 billion, outperforming the S&P 500's 11% quarterly gain.
Dividend was increased from $1 per year to $1.28, adjusted for the four-for-one stock split completed in June.
Execution, clearing, and distribution costs rose only 1% despite higher volumes, maintaining a gross transactional profit margin of 82%.
Expenses were well controlled with a 5% staff increase and compensation expense ratio steady at 11% of adjusted net revenues.
Net interest income reached a quarterly record of $860 million, including a one-time $26 million tax credit; adjusted net interest income was $834 million.
Pretax income exceeded $1 billion for the third consecutive quarter, with a pretax profit margin of 75%, a record for the company.
Total assets grew 33% year-over-year to $181 billion, driven by higher segregated cash balances and margin lending.