Dafinchi AI

Phillips Edison & Company, Inc.

PECO

Financial Services

3w

Financial Performance Summary

Bad debt was up from a year ago in Q2 but in line year-to-date and within guidance range.
Core FFO for Q2 was $88.2 million or $0.64 per diluted share, reflecting 8.5% per share growth.
Core FFO per share increased 8.5% year-over-year.
NAREIT FFO for Q2 was $86 million or $0.62 per diluted share, reflecting 8.8% per share growth.
New leasing rent spreads were 34.6% comparable and 28.1% in-line.
Portfolio occupancy ended Q2 at 97.4%, anchor occupancy at 98.9%, and in-line occupancy at 94.8%.
Renewal rent spreads were strong with comparable renewal spreads at 19.1% and in-line renewal spreads at 20.7%.
Same-center NOI increased 4.2% in Q2 2025.
Tenant improvement costs for renewals were low at $0.49 per square foot.

Community Bank System, Inc.

CBU

Financial Services

3w

Financial Performance Summary

Allowance for credit losses was $81.9 million or 78 basis points of loans, covering over five times trailing net charge-offs.
Deposits increased 4.3% year over year but decreased 1.4% sequentially due to seasonal municipal deposit outflows.
GAAP earnings per share were $0.97, up 6.6% year over year and 4.3% sequentially.
Loans grew $98 million sequentially and $495.3 million year over year, driven by consumer indirect lending and business lending.
Net charge-offs were $5.1 million or 20 basis points annualized, elevated due to one CRE loan charge-off.
Net interest income was $124.7 million, up 14% year over year and 3.8% sequentially, marking the fifth consecutive quarter of growth.
Net interest margin increased 6 basis points to 3.3%.
Noninterest expenses increased 8.5% year over year, driven by salaries, data processing, restructuring charges, and branch expansion costs.
Nonperforming loans decreased sequentially and were stable year over year at about 50 basis points of total loans.
Operating earnings per share were $1.04, a record quarterly result, up from $0.95 a year ago and $0.98 last quarter.
Provision for credit losses was $4.1 million, higher than prior year but lower than last quarter.

Reinsurance Group of America, Incorporated

RGA

Financial Services

2w

Financial Performance Summary

Book value per share increased to $156.63, representing a compounded annual growth rate of 9.7% since 2021.
Consolidated net premiums increased 14% year-over-year, with traditional business premiums up 11% on a constant currency basis, driven by strong growth in the U.S., EMEA, and Asia.
Excess capital increased to $3.8 billion at the end of Q2, or $2.3 billion pro forma for the Equitable transaction; deployable capital rose to $3.4 billion.
Investment income was strong, with a nonspread portfolio yield of 4.98% (up 8 basis points from Q1) and total variable investment income of $105 million, driven by realizations in limited partnerships and real estate joint ventures.
RGA reported operating EPS of $4.72 per share for Q2 2025, with an adjusted operating return on equity (ROE) of 14.3% for the trailing 12 months, in line with intermediate-term targets.
The effective tax rate was 25.2% for the quarter, above the expected 23%-24%, due to valuation allowances on foreign tax credits, but full-year tax rate guidance remains unchanged.
The quarter's results were below expectations due to large claims volatility in U.S. individual life and unfavorable claims in the healthcare excess business within U.S. Group.

Hippo Holdings Inc.

HIPO

Financial Services

1w

Financial Performance Summary

Hippo achieved positive net income from operating activities for the first time, with Q2 net income of $1 million and adjusted net income of $17 million, reflecting a $41 million and $37 million improvement respectively compared to Q2 2024.
Hippo reported gross written premium growth of 16% year-over-year to $299 million in Q2 2025, driven by organic growth and new hybrid fronting programs.
Operating expenses decreased by 16% year-over-year, falling from 46% to 30% of revenue, demonstrating improved operating leverage.
Revenue increased 31% year-over-year to $117 million, supported by a 12% growth in gross earned premium and a 9 percentage point increase in premium retention to 39%.
The consolidated net loss ratio improved significantly by 46 percentage points year-over-year to 47%, aided by underwriting actions, claims improvements, and favorable reserve developments.