Dafinchi AI

Fulton Financial Corporation

FULT

Financial Services

1mo

Record Operating Earnings and Share Repurchases in Q2 2025

Operating earnings of $106 million, a record for the company, representing a $0.03 linked quarter increase.
First $100 million operating net income quarter in company history.
Share repurchases of 522,000 shares at an average price of $16.9, with ongoing capital return strategy.

Perella Weinberg Partners

PWP

Financial Services

2w

Financial Performance Summary

Adjusted compensation margin remained at 67% of revenues for the second quarter.
Adjusted non-compensation expenses were $36 million for the quarter, down from prior year and quarter, driven by lower litigation costs.
Adjusted tax rate for the first half was 30%, in line with expectations.
Capital returned to equity holders totaled $24 million in the second quarter and 1.7 million shares repurchased in the first half.
Declared a quarterly dividend of $0.07 per share.
In 2025, revenue composition broadened by industry, product, and geography with a higher average fee per engagement.
Non-compensation expenses for the first half were $86 million, up 9.5% year-over-year, with a mid-single-digit increase expected for the full year.
Second quarter revenues were $155 million, with first half revenues totaling $367 million, flat year-over-year.
The company ended the quarter with $145 million in cash, no debt, 63 million Class A shares, and 25 million partnership units outstanding.
The first half of 2024 included 2 transactions accounting for over 35% of revenue, contributing to a record second quarter last year.

Innovative Industrial Properties, Inc.

IIPR

Financial Services

1w

Financial Performance Summary

Adjusted funds from operations (AFFO) for Q2 2025 were $48.4 million or $1.71 per share, down 12% from the previous quarter.
Balance sheet remains strong with $2.6 billion in primarily unencumbered gross assets and only $291 million in fixed rate debt.
Liquidity is robust with over $190 million in cash and undrawn revolver, supporting future growth and investments.
Repurchased 367,000 shares at an average price of $53.98 for $19.8 million, funded by cash and preferred stock issuance.
Total revenues for Q2 2025 were $62.9 million, a 12% decrease from Q1 2025, primarily due to tenant defaults.

Cannae Holdings, Inc.

CNNE

Financial Services

4d

Strategic Portfolio Rebalancing and Capital Return Plan

Cannae has sold approximately $1.1 billion of public company stakes since February 2024, significantly reducing its public holdings from 63% to 22% of assets.
The company expects to receive around $630 million from the sale of Dun & Bradstreet, which will be used for share repurchases, debt repayment, and dividends.
Cannae has repurchased 7.6 million shares, or about 12% of outstanding shares, at an average price of $19.71, aiming to close the NAV discount.
The company increased its quarterly dividend by 25% to $0.15 per share, reflecting a commitment to returning capital to shareholders.
Since February 2024, Cannae has returned approximately $414 million through buybacks and dividends, demonstrating a strategic focus on capital deployment.

Fidelity National Financial, Inc.

FNF

Financial Services

1w

Financial Performance Summary

Commercial revenue in Title was strong, with $626 million in the first half of 2025, up 23% year-over-year.
F&G segment grew assets under management to $69.2 billion, up 13% year-over-year, with adjusted net earnings of $89 million, down from $122 million in Q2 2024.
FNF reported strong Q2 2025 results with total revenue of $3.6 billion and adjusted net earnings of $318 million, slightly down from $338 million in Q2 2024.
Personnel costs and other operating expenses increased by 10%, driven by active recruiting and strategic investments in security and technology.
The Title segment delivered adjusted pretax earnings of $337 million with a 15.5% margin, slightly below the 16.2% margin in Q2 2024 due to higher expenses.

Regional Management Corp.

RM

Financial Services

2w

Financial Performance Summary

30-day delinquency rate improved to 6.6%, down 50 basis points sequentially and 30 basis points year-over-year.
Book value per share reached $36.43 at quarter end.
Capital generation was $16.9 million in Q2, with $26.8 million year-to-date.
Net credit loss rate was 11.9%, improving 50 basis points sequentially and 80 basis points year-over-year.
Net receivables grew by $70 million sequentially and were up 10.5% year-over-year.
Operating expense ratio improved to 13.2%, an all-time best and 60 basis points better year-over-year.
Quarterly revenue reached a record $157 million, up 10% year-over-year.
Regional Management delivered net income of $10.1 million and diluted EPS of $1.03 in Q2 2025, a 20% year-over-year improvement.
Returned $17.6 million to shareholders year-to-date via $11.6 million in stock repurchases and $6.1 million in dividends.
Total originations hit a record $510 million, up 20% year-over-year.