Dafinchi AI

Voya Financial, Inc.

VOYA

Financial Services

1w

Financial Performance Summary

Employee Benefits segment earnings rose 15% to $69 million, driven by improved loss ratios and favorable claims experience.
Investment Management net inflows were about $2 billion in Q2, contributing to nearly $10 billion year-to-date.
Investment Management segment posted $51 million in adjusted operating earnings for Q2 and $214 million over the last 12 months, increases of 2% and 15% respectively.
Retirement segment generated $235 million in adjusted operating earnings for the quarter, up 10% year-over-year, with over $860 million in the last 12 months, up 19%.
Total defined contribution net inflows were approximately $12 billion in Q2, with year-to-date net flows exceeding $40 billion.
Voya Financial reported adjusted operating earnings per share of $2.46 in Q2 2025, a 13% increase year-over-year.
Voya generated approximately $200 million of excess capital in Q2 and $400 million year-to-date, strengthening the balance sheet.

The Hanover Insurance Group, Inc.

THG

Financial Services

2w

Financial Performance Summary

Book value increased 6% sequentially and 13.2% year-to-date, with ongoing share repurchases totaling $48.2 million in Q2 and July.
Combined ratio improved by approximately 7 points year-over-year, with ex-CAT combined ratio improving by 3 points.
Core Commercial combined ratio was 93%, with an ex-CAT combined ratio of 88.9%, and net written premium growth of 4.4%.
Net investment income increased 16.7% to $105.5 million, driven by higher earned yields and strong cash flows.
Operating earnings were $4.35 per diluted share with earnings growth of approximately 25% on an ex-CAT basis.
Operating ROE was 18.7%, a record for the second quarter.
Personal Lines showed strong profitability and balanced growth with 3.7% growth and 84.8% ex-CAT combined ratio.
Specialty segment achieved 4.6% net written premium growth and a mid-80s combined ratio, with strong profitability.

PROG Holdings, Inc.

PRG

Financial Services

3w

Financial Performance Summary

Adjusted EBITDA was $73.5 million, exceeding the high end of outlook, with Progressive Leasing adjusted EBITDA at $69.7 million or 12.2% of revenue.
Four Technologies delivered over 200% revenue growth and 167% GMV growth year-over-year, achieving profitability in Q1 and Q2 2025.
Gross margin for Progressive Leasing was 32.4%, down 15 basis points year-over-year, impacted by increased 90-day purchase option utilization and Big Lots loss.
Non-GAAP EPS was $1.02, significantly exceeding the outlook range of $0.75 to $0.85 per share.
PROG Holdings delivered revenue and earnings above the high end of guidance in Q2 2025, with consolidated revenue of $604.7 million, representing low single-digit growth year-over-year.
Progressive Leasing segment GMV was $413.9 million, down 8.9% year-over-year due to Big Lots bankruptcy and tightening actions, but up approximately 1% excluding Big Lots impact.
SG&A expenses increased to $78.9 million or 13.8% of revenue, reflecting investments in technology and sales enablement.
Write-offs came in at 7.5%, 20 basis points better than last year, within the targeted annual range of 6% to 8%.

OceanFirst Financial Corp.

OCFC

Financial Services

3w

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.