- Achieved record revenue of $226.3 million, up 5% YoY.
- Adjusted earnings per share of $0.74, return on assets of 1.54%, and return on tangible common equity of 20%.
- Profitability primarily driven by a robust net interest margin of 4.05%, a 17 basis point increase from Q1.
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- Credit quality remains strong with nonperforming assets at 0.17% of total assets and net charge-offs of $1.6 million; allowance for credit losses at 1.22% of loans.
- Declared 161st consecutive quarterly dividend of $0.33 per share.
- Deposits grew to $21.6 billion, up 5% quarter-over-quarter, with noninterest-bearing deposits increasing 8% and representing 30% of total deposits.
- Efficiency ratio improved to 62.08%, down from 65.49% in prior quarter and 67.97% a year ago.
- Glacier Bancorp reported net income of $52.8 million for Q2 2025, or $0.45 per diluted share, reflecting an 18% increase in net income and a 15% increase in earnings per share compared to the same quarter last year.
- Loan portfolio grew $1.3 billion to $18.5 billion, an 8% increase from the prior quarter with $239 million or 6% annualized in organic growth.
- Loan yield increased to 5.86%, up 9 basis points from prior quarter and 28 basis points year-over-year.
- Net interest income was $208 million, up 9% from the prior quarter and 25% year-over-year, driven by higher average loan balances, improved loan yields, and declining funding costs.
- Net interest margin expanded to 3.21%, up 17 basis points from Q1 and 53 basis points year-over-year, marking six consecutive quarters of margin expansion.
- Noninterest expense was $155 million, up 3% from prior quarter, including $3.2 million in acquisition-related costs; compensation and benefits rose due to increased headcount and merit increases.
- Noninterest income totaled $32.9 million, up slightly from Q1 and 2% year-over-year; service charges and fees increased 8%.
- Provision for credit loss was $20.3 million, including $16.7 million related to Bank of Idaho acquisition; core provision was $3.6 million excluding acquisition impact.
- Tangible book value per share increased to $19.79, up 8% year-over-year.
- Total funding cost declined to 1.63%, down 5 basis points from prior quarter; core deposit costs remained stable at 1.25%.
- Credit quality remains strong with nonperforming assets at 0.19% of total assets and net charge-offs at 3 basis points of loans.
- Deposits grew 4% annualized to $22 billion, with non-interest-bearing deposits increasing 5% annualized to 31% of total deposits.
- Loan portfolio grew by $258 million to $18.8 billion, a 6% annualized increase from prior quarter.
- Net income for Q3 2025 was $67.9 million or $0.57 per diluted share, up 29% from prior quarter and 33% year-over-year.
- Net interest income rose 9% sequentially to $225 million and 25% year-over-year.
- Net interest margin expanded to 3.39%, up 18 basis points sequentially and 56 basis points year-over-year, marking seven consecutive quarters of expansion.
- Non-interest expense increased 8% sequentially to $168 million, driven by acquisition-related costs.
- Pretax pre-provision net revenues for first nine months increased 45% to $250 million compared to prior year.
- Allowance for credit losses on loans was $346 million, covering nonperforming assets by 3.47x.
- Deposits were $27.4 billion at June 30, 2025, down 1.6% year-over-year and 2% linked quarter, mainly due to seasonal public fund deposit declines and disciplined pricing.
- Earnings per diluted common share increased 21% to $1.42 from $1.17 year-over-year.
- Excluding one-time items in Q2 2024, net income increased 16% and EPS increased 16.4%.
- Loans totaled $22.1 billion at June 30, 2025, down slightly year-over-year but up 1% linked quarter.
- Net income for Q2 2025 was $135 million, up 21% from $111 million in Q2 2024.
- Net interest margin (tax equivalent) was 3.18% in Q2 2025, up from 2.94% in Q2 2024 and 3.14% in Q1 2025.
- Nonperforming assets increased to $110 million or 33 basis points of average interest-earning assets, compared to $89 million or 25 basis points a year ago.
- Return on average assets was 1.41% and return on average tangible common equity was 13.44% for Q2 2025, both improved from prior year.
- Credit quality remained strong with nonperforming loans decreasing and charge-offs stable compared to prior quarters.
- Deposits grew by nearly $900 million to almost $57 billion, maintaining pace with loan growth.
- Net income reached a record $216 million, up nearly 11% quarter-over-quarter from $195 million.
- Net interest income increased by $20 million to $567 million, driven by strong loan and balance sheet growth.
- Net interest margin was stable at 3.5%, within the targeted range despite a slight decline from the prior quarter.
- Non-interest expenses slightly declined to $380 million, improving efficiency and overhead ratios.
- Non-interest income rose by $6.7 million to $130.8 million, supported by wealth management, mortgage revenue, and security gains.
- Total loans grew by over $1 billion in the quarter, reaching $52 billion, an 11% annualized increase year-to-date.
- A $37.7 million pretax gain on prior investments, including $29.4 million from Voyager Technologies, contributed to strong results.
- Average loans increased 12.7% to $36.4 billion and average deposits increased 10.7% to $55.6 billion, reflecting organic growth and Heartland acquisition impact.
- CET1 capital ratio increased 28 basis points to 10.39% following a $294 million Series B preferred stock offering and redemption of $115 million Series A preferred stock.
- Excluding acquisition and nonrecurring items, net operating income was $225.4 million or $2.96 per share.
- Legacy UMB average loan balances increased 15.3% annualized, outpacing peer banks' median 5.2% increase.
- Net charge-offs for legacy UMB were $9 million or 13 basis points; total net charge-offs including acquired loans were 17 basis points.
- Nonperforming loans to total loans improved 2 basis points to 26 basis points; legacy UMB NPLs were 10 basis points compared to peer median of 0.50%.
- UMB Financial reported net income available for common shareholders of $215.4 million in Q2 2025, including $13.5 million of acquisition expenses.
- Credit quality remained strong with NPAs at 0.19% of total assets and net charge-offs at 0.01% annualized.
- Deposit growth was sound at 5% quarter-over-quarter annualized with noninterest-bearing deposits holding steady at 90% of total deposits.
- Loan growth was strong at a 13% annualized pace for Q2, slightly ahead of expectations.
- Net interest income expanded to $40.3 million, up $2.1 million from the prior quarter, driven by higher loan yields.
- Net interest margin increased to 3.29%, an 8 basis point improvement over the previous quarter.
- Operating expenses were $32.6 million, at the low end of guidance, with increases mainly from merit increases and incentive compensation.
- Operating noninterest income rose by $300,000 to $8.9 million, exceeding projections due to insurance, mortgage banking, and capital markets revenues.
- SmartFinancial posted net income GAAP and operating of $11.7 million or $0.69 per diluted share for Q2 2025.
- Tangible book value increased to $24.42 per share including AOCI impact, representing over 13% annualized quarter-over-quarter growth.
- East West Bank was ranked as the #1 Performing Bank above $50 billion in assets by Bank Director magazine for the third consecutive year, highlighting its industry-leading performance.
- This recognition underscores the bank's steady execution, customer focus, and resilience amidst market fluctuations.
- Management emphasized that this achievement is a testament to the ongoing efforts of their associates and strategic focus.
- The bank's consistent top ranking over multiple years indicates a sustained competitive advantage in the industry.
- Affirm set new records in most of its metrics during Q4 2025, surpassing typical peak periods.
- CEO Max Levchin highlighted that the quarter's results were exceptionally strong and unusual for a fiscal fourth quarter.
- The company experienced accelerating growth, with increased originations and GMV, indicating robust demand.
- Leadership expressed confidence that the growth momentum will continue into the next fiscal year.
- The record-breaking performance was achieved despite typical seasonal fluctuations, emphasizing operational strength.
- Common equity tier 1 (CET1) capital ratio increased 10 basis points to 10.7%.
- EPS grew by $0.13 sequentially, a 14% increase over Q2, reaching $1.50 in Q3 2025.
- Fee income grew 5% sequentially and 18% year-over-year, with Capital Markets delivering its second highest quarterly performance ever.
- Loans increased 1% period-end, with core retail loans growing by about $1 billion driven by home equity and mortgage.
- Net charge-offs decreased to 46 basis points from 48 basis points in the prior quarter, reflecting favorable credit trends.
- Net interest income (NII) increased 3.5% sequentially, driven by a 5 basis point expansion in net interest margin (NIM) to 3.0%.
- Operating leverage was positive at 3%, with expense growth limited to 1%.
- Private Bank deposits grew $3.8 billion to $12.5 billion, surpassing the year-end target of $12 billion.
- CET1 capital ratio was 10.7%, with adjusted CET1 including AOCI at 8.9%.
- Credit quality remained stable with nonperforming assets ratio at 0.44%, net charge-off ratio at 0.59%, and allowance for credit losses at 2.07% of loans.
- Generated 250 basis points of positive operating leverage year-over-year, marking the fourth consecutive quarter of revenue growth outpacing expense growth.
- Net interest margin declined 6 basis points sequentially, partly due to strategic loan sales and deposit pricing pressures.
- Reported Q2 2025 EPS of $1.11 on net income of $1.8 billion, with adjusted EPS growth of approximately 13% year-over-year.
- Return on tangible common equity was 18%, return on average assets was 1.08%, and efficiency ratio improved to the high-50s.
- Total average deposits decreased 0.7% linked quarter, average loans decreased 0.1% linked quarter due to loan sales, but C&I and credit card loans grew 7.1% and 4.4% year-over-year respectively.
- Total fee revenue grew 4.6% year-over-year, driven by diversified fee income businesses and organic growth.
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