QCRH

Financial Services

Asset quality improved with net charge-offs declining and total NPAs to assets ratio at 0.45%, the lowest since September 2024.
Capital markets revenue rebounded sharply to $24 million, up $14 million from the prior quarter, exceeding guidance.
Core deposits grew $410 million or 8% annualized year-to-date, supporting strong funding base.
Efficiency ratio improved to 55.8%, the lowest in four years, reflecting disciplined expense management.
Loan growth accelerated by $286 million or 17% annualized, net of planned runoff from M2 equipment loans.
Net interest income increased by $3 million or 18% annualized, driven by net interest margin (NIM) expansion and strong loan growth.
Record quarterly net income of $37 million and earnings per share of $2.17, representing 26% growth compared to the prior quarter.
Wealth management revenue grew 8% linked quarter to over $5 million, with year-over-year growth of 15% annualized.

OCFC

Financial Services

$373 million increase in total loans

Total loans increased by $373 million, representing a 14% annualized growth rate, driven by $1 billion in originations.

FHI

Financial Services

2mo

Alternative private markets assets increased by $1.3 billion or 7%, mainly due to FX impact and net sales of $231 million.
Equity assets increased by $8.1 billion or 10% from the prior quarter, with second quarter equity net sales of $1.8 billion representing an organic growth rate just under 9%.
Federated Hermes ended Q2 2025 with record assets under management of $846 billion, driven by gains in equity strategies.
Fixed income assets decreased by about $800 million or 1% due mainly to net redemptions of $2.4 billion, partially offset by market valuations and FX gains of $1.6 billion.
MDT equity strategies had net sales of $3.8 billion in Q2, up from $3.3 billion in Q1, with strong performance rankings in Morningstar categories.
Money market fund assets reached a record high of $468 billion at the end of Q2, increasing by $3.1 billion despite seasonal factors.
Operating expenses increased mainly due to a VAT refund in Q1 not recurring, and compensation expenses rose due to higher incentive compensation and merit increases.
Q2 effective tax rate was 26.1%, expected to be in the 25% to 28% range for 2025.
The company repurchased approximately 1.5 million shares for about $64.5 million and approved a new share repurchase program for 5 million shares.
Total revenue for Q2 increased slightly from the prior quarter due to more days in the quarter and revenue from the Rivington acquisition, partially offset by lower performance fees and carried interest.

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