Dafinchi AI

MGIC Investment Corporation

MTG

Financial Services

2w

Financial Performance Summary

Account-based delinquency rate decreased 9 basis points to 2.21%, consistent with seasonal trends.
Adjusted net operating income was $0.82 per diluted share, up from $0.77 last year.
Annual persistency was 85%, remaining flat over the past two quarters.
Book value per share increased 13% year-over-year to $22.11.
Favorable loss reserve development of $54 million was recorded due to better-than-expected cure rates on delinquency notices.
In Q2 2025, MGIC recorded net income of $193 million and an annualized return on equity of 15%.
Net investment income was $61 million, with a book yield on the portfolio of 4%, relatively flat quarter-over-quarter.
Operating expenses were $52 million, down from $55 million last year, including a $4 million pension-related accounting charge.
The company wrote $16 billion of new insurance, with insurance in force ending at $297 billion.

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.

Columbia Banking System, Inc.

COLB

Financial Services

3w

Financial Performance Summary

Net interest margin expanded by 15 basis points to 3.75%, supported by higher investment securities yields, higher loan yields, and lower funding costs.
Noninterest income was $64.5 million, with operating noninterest income up 14% quarter-over-quarter due to strong core fee income growth.
Operating EPS was $0.76, excluding merger and restructuring expenses, with an operating return on average tangible equity of 16.85%.
Operating PPNR increased 14% from the first quarter to $242 million, reflecting rising earning asset yields and lower cost of interest-bearing liabilities.
Provision for credit loss was $29 million, with allowance for credit losses robust at 1.17% of total loans.
Second quarter operating results were up 14% from the year ago quarter, driven by profitability focus, balance sheet optimization, and operational efficiency initiatives.
Total GAAP expenses were $278 million, with operating expenses flat at $269 million compared to Q1, reflecting offsetting changes in compensation, services, marketing, and amortization.

Eastern Bankshares, Inc.

EBC

Financial Services

3w

Financial Performance Summary

Allowance for loan losses increased to $232 million or 127 basis points of total loans.
Capital ratios remained strong with CET1 at 14.4% and TCE at 10.8%.
Deposits grew 8% annualized with stable deposit costs.
Deposits totaled $21.2 billion, increasing $424 million from prior quarter.
Loan growth was 8% annualized, driven by profitable organic growth and strategic hiring.
Loans increased by $385 million, led by commercial lending growth.
Net income was $100.2 million or $0.50 per diluted share, with operating earnings of $0.41 per diluted share.
Net interest income increased 7% from Q1 to $202 million ($206.8 million FTE).
Net interest margin expanded by 21 basis points to 3.59%.
Noninterest expense increased to $137 million due to higher operating expenses and merger-related costs.
Noninterest income was $42.9 million compared to a loss in Q1 due to investment portfolio repositioning.
Nonperforming loans improved to 30 basis points with no net charge-offs.
Operating earnings were $81.7 million, a 21% increase from the first quarter.
Operating efficiency ratio improved to 50.8% due to higher revenues and effective expense management.
Operating return on average assets increased by 21 basis points to 1.3%.
Operating return on average tangible equity rose from 11.7% to 13.6%.
Provision for loan losses was $7.6 million, up from $6.6 million.
Tangible book value per share increased 4% to $12.53.
Total assets reached $25.5 billion, up 2% from March 31.
Wealth management assets under management reached a record $8.7 billion.