Dafinchi AI

UMH Properties, Inc.

UMH

Financial Services

6d

Financial Performance Summary

Community operating expenses increased by 7%, mainly due to acquisitions and higher payroll and maintenance costs, but same-property operating expense ratio improved to 38.2% from 39.4% last year.
Debt totaled approximately $659 million with a weighted average interest rate of 4.63%, mostly fixed rate, and total market capitalization increased 13% to approximately $2.4 billion.
Gross sales of manufactured homes increased by 19% for the quarter, with gains from sales at 14% of total sales.
Normalized FFO for Q2 2025 was $0.23 per share, unchanged from Q2 2024, with a 16% increase in normalized FFO in dollar terms to $19.5 million.
Same-property rental and related income increased by 8%, and same-property NOI increased by 10% for the quarter.
Total revenue increased approximately 10% year-over-year to $66.6 million, driven by a 9% increase in rental and related income and a sales record of $10.5 million in manufactured home sales.

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.

OceanFirst Financial Corp.

OCFC

Financial Services

2w

Financial Performance Summary

A quarterly cash dividend of $0.20 per common share was approved, marking the 114th consecutive quarterly dividend.
Asset quality remained strong with classified loans decreasing 3% to $145 million or 1.4% of total loans.
Capital levels remained robust with a common equity Tier 1 capital ratio of 11% and tangible book value per share of $19.34.
Commercial and industrial loans increased 8% for the quarter.
Earnings per share were $0.28 on a fully diluted GAAP basis and $0.31 on a core basis for Q2 2025.
Net charge-offs were $2.2 million, primarily from two commercial credits and a small sale of nonperforming residential loans.
Net interest income grew by $1 million with net interest margin expanding by 1 basis point.
Operating expenses were $71 million, in line with expectations and previous guidance.
The company repurchased 1 million shares at a weighted average cost of $17.17 and redeemed $57 million of preferred stock.
Total loans increased by $60 million, representing a 2% annualized growth rate, driven by strong originations of $716 million.

Apple Hospitality REIT, Inc.

APLE

Financial Services

5d

Financial Performance Summary

Adjusted EBITDAre was approximately $133 million for Q2 2025, down about 6% year-over-year.
Adjusted hotel EBITDA for comparable hotels was $142 million in Q2 2025, down approximately 5% year-over-year.
Comparable hotels total revenue was $380 million for Q2 2025, slightly down from Q2 2024.
MFFO for Q2 2025 was approximately $112 million or $0.47 per share, down 6% on a per share basis compared to Q2 2024.
Q2 2025 comparable hotels RevPAR was $129, down 1.7% compared to Q2 2024, with ADR at $164 and occupancy at 79%.
Total hotel expenses increased by 2.8% for Q2 2025, with payroll per occupied room up 3% to $39.
Year-to-date through June, comparable hotels RevPAR was $120, down 1.1%, ADR was $160 (up 0.4%), and occupancy was 75%.

Renasant Corporation

RNST

Financial Services

3w

Financial Performance Summary

Adjusted earnings were approximately $66 million or $0.69 per diluted share.
Adjusted efficiency ratio improved by about 7 percentage points.
Adjusted loan yields decreased 1 basis point to 6.18%.
Adjusted pre-provision net revenue was $103 million.
Adjusted total cost of deposits decreased 18 basis points to 2.04%.
Allowance for credit losses (ACL) as a percentage of total loans increased 1 basis point to 1.57%.
Capital ratios remain well above regulatory minimums.
Core net interest margin expanded from 3.42% to 3.58%.
Deposits increased by $361 million or 7% quarter-over-quarter.
Loans increased by $312 million or 7% quarter-over-quarter.
Net charge-offs were $12.1 million, mainly from two credits.
Noninterest expense was $183.2 million, excluding $20.5 million merger/conversion expenses, core expense was $162.7 million.
Noninterest income was $48.3 million, up $11.9 million linked quarter, driven by The First and mortgage division.
Reported earnings were $1 million or $0.01 per diluted share for Q2 2025.
Reported margin rose from 3.45% to 3.85% reflecting purchase accounting adjustments.

TRU

Financial Services

2w

Financial Performance Summary

Adjusted diluted earnings per share was $1.08, $0.09 above the high end of guidance, a 9% increase year-over-year.
Adjusted EBITDA increased 8% with a margin of 35.7%, ahead of guidance due to stronger revenue flow-through.
Consumer Lending and Auto segments grew double digits; Card & Banking grew mid-single digits.
Emerging Verticals grew 5%, led by double-digit growth in Insurance; Consumer Interactive grew 2% organically.
International revenue grew 6% on an organic constant currency basis, with India accelerating to 8%, and Canada and Africa growing double digits.
Leverage ratio declined to 2.8x, with plans to delever to 2.5x before closing the Mexico acquisition expected by year-end.
Mortgage revenue grew 29% despite flat inquiry volumes, modestly above expectations.
Revenue grew 9% on an organic constant currency basis, surpassing the 3% to 5% guidance range; excluding mortgage, growth was 6.5%.
Share repurchases totaled $47 million through mid-July, supporting disciplined capital deployment.
TransUnion exceeded all key financial guidance metrics in Q2 2025, delivering high single-digit organic revenue growth for the sixth consecutive quarter.
U.S. Markets segment revenue increased 10%, with Financial Services growing 17% and 11% excluding mortgage.

American International Group, Inc.

AIG

Financial Services

6d

Financial Performance Summary

Accident year combined ratio as adjusted was 88.4%, calendar year combined ratio improved by 320 basis points to 89.3%, and core operating ROE was 11.7%.
Adjusted pretax income increased 37% to $1.4 billion, with General Insurance gross premiums written up 4% to $10.1 billion.
AIG delivered adjusted after-tax income per diluted share of $1.81, a 56% increase year-over-year, with adjusted after-tax income of $1 billion, up 35%.
Capital returned to shareholders totaled $2 billion in the quarter, $4.5 billion year-to-date, with plans to repurchase $5-6 billion in 2025.
Catastrophe charges were $170 million (2.9 loss ratio points), with favorable prior year development of $128 million.
Financial strength ratings were upgraded by S&P Global to AA- and Moody's to A1, marking significant milestones.
General Insurance expense ratio improved by 50 basis points to 31%, with ongoing investments in cybersecurity and Gen AI absorbed within the business.
General Insurance underwriting income rose 46% year-over-year to $626 million, with net investment income increasing 9% to $955 million on an adjusted pretax basis.
Net premiums written increased 1% to $6.9 billion, driven by growth in Global Commercial and North America Commercial segments, offset by declines in Retail Property and Lexington Property.