Dafinchi AI

Virtus Investment Partners, Inc.

VRTS

Financial Services

3w

Significant Increase in Share Repurchases Amid Market Volatility

Virtus repurchased over 175,000 shares at an average price of $171 per share in Q2, the highest in three years.
Total buybacks in 2025 have surpassed the total for 2024, with a payout ratio exceeding 100%.
Management emphasized a balanced approach to capital allocation, considering inorganic growth opportunities, dividends, and buybacks.

PFBC

Financial Services

3w

Significant Stock Buyback Activity and Capital Return Strategy

Preferred Bank repurchased $56 million worth of stock in Q2 at an average price of $80-$81 per share.
Management indicated a cautious approach to further buybacks due to the higher share price relative to book value.
An additional $125 million authorization for share repurchase was approved but not yet executed, reflecting a strategic focus on capital return amid valuation considerations.

Remitly Global, Inc.

RELY

Financial Services

1w

Product Innovation and Technology Investment Strategy

Remitly is investing in AI, stablecoins, and new product features like bulk payouts, recurring payments, and vertical-specific onboarding to expand its platform capabilities.
Technology and development expenses grew 15% YoY, with over 93% of transactions disbursed in under NR and 97% completed without support contact, demonstrating operational excellence.
The company emphasizes disciplined investment in innovation while maintaining efficiency, with a focus on long-term growth and customer trust.

PJT Partners Inc.

PJT

Financial Services

2w

Record-High Financial Results Amid Market Recovery

Second quarter revenues reached $407 million, up 13% YoY, with adjusted pretax income at $80 million, up 22%.
Six-month revenues increased 6%, with adjusted EPS up 29% for the quarter and 19% for the half.
Management emphasized the resilience and long-term investment commitment despite market turbulence.

CNO Financial Group, Inc.

CNO

Financial Services

2w

Financial Performance Summary

Book value per diluted share, excluding AOCI, increased 6% to $38.05.
Capital and liquidity remain strong with a consolidated RBC ratio of 378% and Holdco liquidity of $187 million.
CNO delivered strong Q2 2025 results with operating earnings per diluted share of $0.87, benefiting from favorable insurance product margins and solid investment results.
Net investment income grew 2% year-over-year, with average yield on allocated investments at 4.92%, up 11 basis points.
Operating return on equity was 11.8% on a trailing 12-month basis and 11.2% excluding significant items, on track to meet 2025 and 3-year targets.
Record total new annualized premiums reached $120 million, up 17%, with double-digit insurance sales growth in both Consumer and Worksite divisions.
Share repurchases totaled $100 million in the quarter, reducing weighted average diluted shares outstanding by 8%.

Victory Capital Holdings, Inc.

VCTR

Financial Services

1w

Financial Performance Summary

Adjusted EBITDA was $179 million with a margin of 50.8%, slightly above guidance due to positive asset mix and annual fee realization.
Adjusted net income was $133 million or $1.57 per diluted share, a 15% increase in EPS from the prior quarter.
GAAP operating margin was 26.8%, impacted by $53 million in acquisition-related restructuring and integration costs.
Net leverage ratio improved to 1.2x, the lowest since IPO, and debt-to-equity ratio improved to 0.39.
Revenue rose 60% from the prior quarter to $351.2 million, driven by the acquisition of Pioneer Investments.
The Board increased the share repurchase authorization from $200 million to $500 million, the largest in company history.
Total client assets increased by 76% quarter-over-quarter to over $300 billion, a record high for a quarter end.

Repay Holdings Corporation

RPAY

Financial Services

4d

REPAY's Strategic Focus on Organic Growth and Capital Allocation Priorities

REPAY emphasized its focus on organic growth and investments, with a clear priority on managing CapEx as a percentage of revenue.
The company plans to use cash on hand to reduce its $220 million convertible notes due in February 2026, indicating a strategic debt management approach.
Management highlighted the potential for opportunistic share repurchases, with $38 million spent on buying back 7.9 million shares year-to-date.
REPAY remains open to strategic tuck-in M&A to accelerate growth, focusing on verticals like consumer payments and business payments.
The company aims to maintain a strong balance sheet with ample liquidity, including $413 million in total liquidity, to support its strategic initiatives.

Principal Financial Group, Inc.

PFG

Financial Services

2w

Principal's Strategic Focus on Shareholder Returns and Capital Discipline

Returned $320 million to shareholders in Q2, including $150 million in share repurchases.
Raised dividend for the eighth consecutive quarter, maintaining a 40% payout ratio.
Maintains a strong capital position with $1.4 billion excess capital, targeting $1.4 billion to $1.7 billion for the year.
Capital deployment is seasonally higher in H2, with expectations of increased share repurchases.