- Adjusted EBITDA rose 42% to $45.2 million with EBITDA margin expanding 280 basis points to 14.1%.
- Diluted EPS increased 38% to $0.33, driven by operating leverage in the business model.
- EBITDA for U.S. Pawn increased 31% to $50.3 million with margin expansion of 360 basis points to 23%.
- EZCORP delivered record third quarter revenue of $319.9 million, up 14% year-over-year.
- Gross profit rose 13% to $188.4 million, maintaining a gross margin of 59%.
- Inventory increased 32% year-over-year, driven by higher purchasing activity, layaways, and lower inventory turns.
- Jewelry now accounts for 67% of PLO and 65% of inventory in the U.S., driven by higher gold prices.
- Latin America EBITDA rose 28% to $15.5 million with margin expansion of 90 basis points to 15%.
- Latin American segment revenue increased 21% to $99.9 million, with PLO up 16% year-over-year.
- Merchandise sales grew 10% with same-store sales up 9%, supported by strong customer demand.
- Pawn loans outstanding (PLO) reached an all-time high of $293.2 million, up 12% year-over-year.
- U.S. pawn segment revenue increased 11% to $220 million, with earning assets up 21% to $387.4 million.
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- Book value per share grew 2%, tangible book value per share improved 4%.
- Diluted earnings per share of $0.83 for Q3 2025, improved compared to the linked quarter.
- Excluding accretion income, net interest margin expanded 5 basis points, marking the fifth straight quarter of core margin expansion.
- Net interest income increased nearly $4 million with net interest margin expanding by 1 basis point.
- Noninterest expenses declined 1%, improving efficiency ratio to 57.1% from 59.3%.
- Provision for credit losses declined over 50%, driven by net charge-offs, loan growth, and economic forecast adjustments.
- Quarterly net charge-off rate decreased by 2 basis points to 41 basis points annualized.
- Tangible equity to tangible assets ratio improved 27 basis points to 8.5%.
- Commercial real estate payoffs totaled $235 million in Q3, causing a 1.5% headwind to loan growth.
- Deposits increased 53.8% year-over-year to $21.3 billion, fully funding loan growth.
- Efficiency ratio improved by 10 percentage points to 55%, reflecting expense synergies and cost control.
- Fee income grew 52% year-over-year driven by wealth management and post-acquisition customer base.
- GAAP net income was $81 million or $0.84 per share for Q3 2025.
- Net interest margin improved 58 basis points year-over-year to 3.53%.
- Reported net income excluding merger and restructuring expenses of $90 million, EPS of $0.94, a 68% increase year-over-year.
- Total assets increased 49% year-over-year to $27.5 billion, including $18.9 billion in total portfolio loans.
- Asset quality remained strong with net charge-offs at 13 basis points ($18 million), slightly higher than the prior quarter's 11 basis points.
- Deposits grew by over $1.5 billion, with noninterest-bearing deposits outpacing time deposits on a percentage basis.
- East West Bancorp reported record quarterly revenue, net income, and earnings per share in Q3 2025.
- Efficiency ratio for Q3 was 35.6%, reflecting strong expense control despite investments for growth.
- Fee income hit a record $92 million, up 13% year-over-year, with wealth management fees growing 36%.
- Net interest income (NII) reached a record $677 million, including $32 million from discount accretion and interest recoveries; adjusted NII was $645 million.
- Nonperforming assets stood at 25 basis points, and criticized loans declined to 2.14%.
- Operating expenses were $261 million, including a $27 million one-time compensation charge related to equity awards for retirement-eligible employees.
- Adjusted free cash flow was $656 million, impacted by timing shifts in working capital, with full year free cash flow expected between $6 billion and $7 billion.
- Non-GAAP earnings per share increased 18% year-over-year, supported by strong credit performance, branded checkout flow-through, improvements in PSP profitability, and Venmo.
- Non-GAAP operating income grew 13% to more than $1.6 billion, with operating margin increasing about 130 basis points to nearly 20%.
- PayPal delivered its sixth consecutive quarter of profitable growth with transaction margin dollars growing 8%, excluding interest on customer balances.
- Restructuring costs of approximately $92 million were incurred related to workforce actions and tech transformation initiatives.
- Share repurchases totaled $1.5 billion in the quarter, with $6 billion repurchased over the past four quarters.
- Total active accounts increased by nearly 2 million to 438 million, with monthly active accounts up 2% year-over-year to 226 million.
- Total payment volume grew 6% at spot and 5% on a currency-neutral basis to nearly $444 billion.
- Transaction revenue accelerated to 4% growth to $7.4 billion, with other value-added services revenue growing 16% to $847 million.
- Transaction take rate declined by 4 basis points to 1.68%, driven by foreign exchange hedges, product and merchant mix.
- Venmo TPV increased 12%, marking its highest growth rate in 3 years, and branded experiences TPV grew 8% currency neutral.
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