Dafinchi AI

Americold Realty Trust, Inc.

COLD

Financial Services

1w

Financial Performance Summary

Americold reported Q2 2025 AFFO per share of $0.36, with first half performance largely in line with expectations.
Net debt stood at $3.9 billion with liquidity of approximately $937 million; net debt to pro forma core EBITDA was about 6.3x.
Rent and storage revenue from fixed commitment contracts remained at 60%, maintaining the record set in Q1 2025.
Same-store economic occupancy declined slightly in Q2, reflecting ongoing demand headwinds and a lack of typical seasonal uplift.
Same-store rent and storage revenue per economic occupied pallet increased approximately 1% year-over-year, while warehouse services revenue per throughput pallet increased by 4%.
Three planned exits of idled facilities generated $20 million in cash proceeds; minority interest in SuperFrio joint venture was exited for $28 million.

Remitly Global, Inc.

RELY

Financial Services

1w

Financial Performance Summary

Adjusted EBITDA was $64 million, representing a 16% margin and $18 million above the midpoint of guidance.
GAAP net income was $6.5 million, a significant improvement from a $12.1 million net loss in Q2 2024.
Marketing spend was $79.8 million, up 10.4% year-over-year but declined as a percentage of revenue to 19.4%.
Quarterly active customers increased 24% year-over-year to over 8.5 million.
Remitly reported Q2 2025 revenue of $411.9 million, up 34% year-over-year, exceeding guidance by $28 million.
Send volume grew 40% to $18.5 billion, with send volume per active customer increasing a record 12% year-over-year.
Stock-based compensation was $38.1 million, 9.2% of revenue, down 288 basis points from prior year.
Technology and development expenses grew 15% year-over-year but improved as a percentage of revenue.
Transaction expenses were $143.8 million or 34.9% of revenue, with provision for transaction losses at $28 million due to a fraud incident.

TrustCo Bank Corp NY

TRST

Financial Services

3w

Financial Performance Summary

Average loans grew 2.3% year-over-year to $5.1 billion, led by home equity lines of credit (+17.8%) and commercial loans (+9.2%).
Capital ratios remained strong with consolidated equity to assets at 10.91% and book value per share up 6.6% to $36.75.
Net income for Q2 2025 was $15 million, a 19.8% increase over Q2 2024, with year-to-date net income nearly $30 million.
Net income for Q2 2025 was $15 million, up 19.8% year-over-year, with year-to-date net income nearly $30 million.
Net interest income increased 10.5% to $41.7 million, driven by margin expansion and loan growth.
Noninterest expenses decreased by $600,000 year-over-year, with ORE expenses at $522,000 for the quarter.
Noninterest expenses decreased by $600,000 year-over-year, with ORE expenses controlled at $522,000 for the quarter.
Noninterest income from wealth management increased 13% to $1.8 million, representing 37.5% of total noninterest income.
Return on average assets was 0.96% and return on average equity was 8.73% for Q2 2025, both showing double-digit improvement from prior year.
Return on average assets was 0.96% and return on average equity was 8.73% for Q2 2025, both showing double-digit improvement year-over-year.
Total deposits increased by $213 million to $5.5 billion, reflecting strong customer confidence.

TPG RE Finance Trust, Inc.

TRTX

Financial Services

2w

Financial Performance Summary

Book value per common share was $11.20, slightly up from $11.19 in the previous quarter.
Debt-to-equity ratio increased modestly to 2.6x from 2.2x to support loan growth.
Liquidity at quarter end was $236.4 million, including $165.9 million cash and $66.1 million undrawn credit capacity.
Loan portfolio grew by 15% in Q2 2025, with a 100% performing loan book and no 5-rated loans, only 2 rated 4.
Repurchased 1.7 million common shares for $12.5 million, generating $0.08 per share of book value accretion.
Sold 2 REO properties at a combined GAAP gain of $7 million, reducing REO exposure to about 5% of total assets.
TRTX reported GAAP net income of $16.9 million or $0.21 per common share and distributable earnings of $0.24 per common share, covering the quarterly dividend of $0.24 per share.
Weighted average credit spread on new loans was 2.86%.

Fidelity National Information Services, Inc.

FIS

Financial Services

1w

Financial Performance Summary

Adjusted EBITDA grew 5%, exceeding the top end of the outlook, with margins improving 200 basis points sequentially.
Adjusted EPS was $1.36, meeting expectations despite higher depreciation and amortization expenses.
Banking EBITDA margin contracted 70 basis points due to an $8 million bad debt charge; Capital Markets margin contracted 50 basis points due to acquisition-related dilution.
Banking revenue grew 6%, above the high end of guidance, driven by commercial excellence and strong client retention.
Capital Markets revenue grew 5%, slightly below expectations due to temporary slowdown in loan syndication activity.
FIS delivered 5% revenue growth in Q2 2025, accelerating from 4% in Q1, driven primarily by momentum in the Banking segment.
Free cash flow was $292 million with a cash conversion rate of 52% in Q2, and 61% year-to-date, improving from 53% prior year.
Leverage increased modestly to 3x, or 2.9x excluding currency impacts, with a long-term target of 2.8x.
Recurring revenue represented 81% of total revenue, growing 6% overall with 7% growth in Banking recurring revenue.