Dafinchi AI

TFC

Financial Services

Adjusted expenses increased 3.1% linked quarter primarily due to higher personnel expenses related to merit increases and strategic hiring.
Adjusted revenue increased 2.1% linked quarter due to 2.3% growth in net interest income and 1.8% growth in non-interest income.
Asset quality improved with net charge-offs declining nine basis points linked quarter to 51 basis points and nonperforming loans down nine basis points linked quarter.
Average loan balances increased 2% linked quarter and end-of-period loans increased 3.3%, driven by broad-based growth in consumer and wholesale segments.
Capital position remains strong with a CET1 ratio of 11% stated and 9.3% adjusted for AOCI, supporting balance sheet growth and capital returns.
Returned $1.4 billion to shareholders via dividends and repurchased $750 million of common stock in the quarter, including opportunistic repurchases above target.
Truist reported second quarter 2025 net income available to common shareholders of $1.2 billion or $0.90 per share, including $0.02 per share of restructuring charges and $0.01 per share of losses from investment securities sales.

CUBE

Financial Services

CubeSmart posted a solid beat and raise for the second quarter of 2025 with key performance indicators exceeding expectations year-to-date.
FFO per share as adjusted was $0.65, at the high end of guidance.
Move-in rates improved, down 4% in Q2 compared to down 8% in Q1 and down 10% in Q4 2024.
Net debt-to-EBITDA ratio stood at 4.7x, with $300 million senior unsecured notes maturing in November 2025.
Same-store operating expenses grew 1.2%, better than expectations, resulting in negative 1.1% same-store NOI growth.
Same-store revenue growth was down 0.5% year-over-year, with average occupancy down 80 basis points to 90.6%.

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