Dafinchi AI

Radian Group Inc.

RDN

Financial Services

2w

Financial Performance Summary

Adjusted pretax operating loss for All Other was $16.4 million, primarily due to mark-to-market changes on residential mortgage loans held for sale.
Book value per share increased 12% year-over-year to $33.18, including $2.02 of unrealized net loss on investments expected to accrete over time.
Operating expenses totaled $89 million for the quarter, with full-year 2025 expenses expected at $320 million, an 8% decrease from 2024.
Primary mortgage insurance in force grew to an all-time high of $277 billion, with new insurance written at $14.3 billion, a 3% increase year-over-year.
Provision for losses was a net expense of $12 million, down from $15 million in Q1, supported by strong cure activity and low claim levels.
Radian reported net income of $142 million in Q2 2025, with a return on equity of 12.5%.
Total revenues were $318 million, with net premiums earned at $234 million, consistent with previous quarters.

OZK

Financial Services

4w

Financial Performance Summary

Bank OZK reported strong loan growth with an 11% to 13% annual growth guidance, exceeding prior high single-digit expectations.
CIB (Corporate and Institutional Banking) was the largest contributor to loan growth, with $900 million growth in the recent quarter and an accelerating trend expected.
Deposit costs were stable around 3.68% to 3.7%, with deposit growth supported by branch expansion and CIB relationship growth.
The allowance for credit losses (ACL) increased by $366 million over 12 quarters, reflecting a cautious economic outlook, but net charge-offs remain low at about one-third of the industry average.
The RESG (Real Estate Specialties Group) portfolio saw higher paydowns, with $0.54 billion in paydowns in the first half of the quarter, impacting loan growth but still hitting highest funded balances ever.

Fulton Financial Corporation

FULT

Financial Services

1mo

Financial Performance Summary

Capital position remains solid with CET1 at 11.3%, repurchased 522,000 shares at $16.9 average price, and tangible book value per share grew 9.5% annualized linked quarter.
Deposits declined $191 million or 2.9%, influenced by seasonal trends and shifts in municipal and noninterest-bearing balances.
Net interest income was $254.9 million, up $3.7 million linked quarter, with net interest margin increasing 4 basis points to 3.47%.
Noninterest expense was $187.6 million, slightly up linked quarter but below the expected $190-$195 million range for the remaining quarters.
Noninterest income was $69.1 million, with broad-based linked quarter growth and fee income up 7% excluding equity method adjustments.
Operating earnings for Q2 2025 were $106 million or $0.55 per share, a record for the company and a $0.03 linked quarter increase.
Provision expense declined $5.3 million linked quarter to $8.6 million, with stable credit metrics and cautious outlook.
Total loans grew $150 million or 2.5%, primarily in residential mortgage, home equity, and certain commercial categories.
Total revenue increased linked quarter driven by growth in net interest income and fee income.

Prosperity Bancshares, Inc.

PB

Financial Services

3w

Financial Performance Summary

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.

CVB Financial Corp.

CVBF

Financial Services

3w

Financial Performance Summary

1.28 million shares were repurchased in Q2 at an average price of $17.30.
Allowance for credit losses was $78 million or 0.93% of gross loans, slightly down from Q1.
Net charge-offs were $249,000 in Q2 compared to net recoveries in Q1; classified loans decreased to $73.42 million.
Net earnings for Q2 2025 were $50.6 million or $0.36 per share, consistent with prior quarters, marking 193 consecutive quarters of profitability.
Net interest income increased by $1.2 million from Q1 2025 to $111.6 million, with net interest margin stable at 3.31%.
Noninterest expense decreased by $1.6 million to $57 million, improving the efficiency ratio to 45.6%.
Noninterest income was $14.7 million, down $1.5 million from Q1 2025 due to absence of a $2.2 million gain on OREO sales.
Return on average tangible common equity was 14.08% and return on average assets was 1.34%.
Shareholders' equity increased by $11 million to $2.24 billion; tangible common equity ratio remained at 10%.
Total deposits and customer repurchase agreements grew to $12.4 billion, up $123 million from Q1 2025 and $330 million year-over-year.
Total loans declined slightly to $8.36 billion, with growth in commercial real estate and single-family loans offset by declines in C&I and dairy and livestock lines.

Mr. Cooper Group Inc.

COOP

Financial Services

3w

Financial Performance Summary

Capital ratio ended the quarter at 26.6%, up from 24.4% at year-end, supported by strong earnings and no stock repurchases.
Delinquencies declined to 1%, reflecting high-quality portfolio and strong loss mitigation capabilities.
Net income was $198 million, including $269 million in pretax operating income.
Operating expenses increased by only 6% while revenues grew 13% year-over-year in Servicing.
Operating ROTCE was 17.2%, up from 16.8% last quarter, within the guidance range of 16% to 20%.
Originations generated $64 million in pretax income despite elevated rates.
Servicing generated $332 million in pretax income, up 15% year-over-year.

First Commonwealth Financial Corporation

FCF

Financial Services

2w

Financial Performance Summary

Core earnings per share of $0.38 surpassed consensus estimates by $0.03 and improved from $0.32 in the first quarter.
Core return on assets was 1.31%, core pretax pre-provision ROA was 1.95%, and core efficiency ratio was 54.1%.
Loan growth was strong at 8.1% annualized, broad-based across equipment finance, small business, commercial, indirect, and branch lending.
Net interest income increased by $10.7 million quarter-over-quarter to $106.2 million.
Net interest margin expanded from 3.62% to 3.83%, driven by improved loan yields, lower deposit costs, CenterBank acquisition, and roll-off of macro hedges.
Noninterest income increased by $2.1 million to $24.7 million, driven by mortgage, SBA, interchange, wealth, and other service charges.
Nonperforming loans increased by $40.1 million due to the floorplan credit and CenterBank acquisition; core credit metrics were neutral excluding these events.
Provision expense was $12.6 million, including $3.8 million CECL provision for CenterBank; excluding that, provision was $8.8 million with $2.6 million for a single commercial floorplan loan moved to nonaccrual.
Total deposits grew 9% year-to-date, reaching $10.1 billion, with strong performance in Community Pennsylvania and Ohio.

Amerant Bancorp Inc.

AMTB

Financial Services

3w

Financial Performance Summary

Allowance for credit losses decreased by $11.7 million; provision for credit losses was $6.1 million, including $6 million for net charge-offs and $2.2 million due to macroeconomic factors, offset by releases due to loan growth and recoveries.
Assets under management increased by $132.42 million to $3.1 billion, driven by higher market valuations and net new assets.
Classified loans increased by $9.3 million or 4.5% to $215.4 million due to downgrades in CRE and commercial loans, partially offset by $50 million in charge-offs, payoffs, and loans sold.
Core efficiency ratio was 66.35%, core ROA was 0.94%, and core ROE was 10.49%.
Gross loans were down by $30 million to $7.2 billion, primarily due to increased prepayments offsetting loan production and some loans originated but not yet funded.
Net interest income was $90.5 million, up $4.6 million, driven by higher average balances of securities and lower average balances and rates on time deposits.
Net interest margin (NIM) was 3.81%, higher than projected due to recovery of interest on commercial loans including a fully paid off nonaccrual loan and a fully charged off loan.
Noninterest income was $19.8 million, while noninterest expense was $74.4 million, higher than the guided $71.5 million due to noncore expenses and increased customer derivatives expenses.
Nonperforming loans decreased by $41 million due to payoffs, loans sold, paydowns, and charge-offs.
Pre-provision net revenue (PPNR) was $35.9 million in 2Q '25 compared to $33.9 million in 1Q '25; core PPNR was $37.1 million, up 17.7% from $31.5 million in 1Q '25.
Provision for credit losses was $6.1 million, down $12.4 million from $18.4 million in the first quarter.
Return on assets (ROA) improved to 0.90% and return on equity (ROE) to 10.1%, compared to 0.48% and 5.3% respectively in the prior quarter.
Total assets reached $10.3 billion as of the close of the second quarter.
Total deposits increased by $151.6 million to $8.3 billion, driven by growth in core deposits and a planned reduction of $51 million in broker deposits.
Total investment securities were $2 billion, up by $209.2 million, including $120 million mortgage-backed securities classified as trading securities and $87 million available for sale.