emyu Introduction U.S. Bancorp (NYSE:USB) is a large regional bank that has weathered the challenges associated with the rapid rise of interest rates. Last month, I discussed the bank’s Series A floating preferred share and how it would be a good holding for income investors. While my interest rate outlook has recently changed, and the expectation of lower rates negatively impacts floating rate preferred shares, I still believe the Series A preferred share is the best equity option offered by U.S. Banco ...

franckreporterNew York Community Bancorp (NYSE:NYCB) made news earlier this year when it was forced to raise equity and cut its dividend due to problems creeping up in its commercial loan book. The regional lender’s second-quarter results showed pressure on net income as well as continually unfavorable credit trends, including in the multi-family business. However, the bank is making progress in selling non-strategic assets in order to reorganize its business and improve its liquidity position. NYCB is ...

AsiaVision The Bancorp (NASDAQ:TBBK) is heading for an all-time high and does not seem affected by the current macroeconomic environment. As expressed in my last article, this bank is not like the others, in fact it puts a lot of emphasis on the fintech segment. To some extent, we could almost call it a tech-bank, in fact its profitability ratios are quite high. At the same time, it does not issue dividends in order to reinvest capital in its business, which is not very typical for a bank. In its divers ...

Shreveport, Louisiana, July 26, 2024 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2024, of $638,000 compared to net income of $1.3 million reported for the three months ended June 30, 2023. The Company’s basic and diluted earnings per share were both $0.21, respectively, for the three months ended June 30, 2024, compared to basic and diluted earnings per share of $ ...

The Company’s tier one leverage and risk-based capital ratios were 11.62% and 28.98%, respectively, and the Company is considered to be “well-capitalized” at June 30, 2024.Ratio of non-performing assets to total assets of 0.06% at June 30, 2024.Strong liquidity position with $83 million in cash balances and access to liquidity totaling $951 million as of June 30, 2024. HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii ...

NEW YORK, July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Traditions Bancorp, Inc. (OTC: TRBK), relating to its proposed merger with ACNB Corporation. Under the terms of the agreement, Traditions Bancorp shareholders will receive 0.7300 shares of AC ...

GLEN BURNIE, Md., July 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net loss of $204,000, or $0.07 per basic and diluted common share for the three-month period ended June 30, 2024, compared to net income of $276,000, or $0.10 per basic and diluted common share for the three-month period ended June 30, 2023.   Bancorp reported a net loss of $201,000, or $0.07 per basic and diluted common share fo ...

财务数据和关键指标变化 - 公司Q2 2024每股收益为1.05美元,剔除2020年退出证券化业务的剩余证券利息后为1.07美元,同比增长7%,费用增长3%,ROE为27% [9] - 净息差从上季度的5.15%下降至4.97%,主要是由于4月以5.11%收益率购买了9亿美元长期固定利率证券所致 [9] 各条业务线数据和关键指标变化 - FinTech Solutions Group业务持续高速增长,交易总量同比增长13%,总费用也增长13% [10] - 公司将开始在财报中单独披露信用担保贷款余额和费用,作为消费者FinTech贷款的一部分 [11] - 公司未来5年内计划建立一个多元化的监管合规的信用担保贷款项目,与公司FinTech支付生态系统的创新能力相匹配 [12] - 贷款总体同比增长6%,其中小企业贷款同比增长16%,机构贷款也有1%的环比增长 [13] 各个市场数据和关键指标变化 - 公司多户家庭过渡性贷款组合预计不会出现损失,因为贷款的初始杠杆水平和承保标准较低 [14] - 公司已就一处OREO多户家庭物业达成出售协议,预计将于2024年12月完成,销售价格可覆盖当前的其他房地产资产余额和正在进行的改造成本 [14] 公司战略和发展方向及行业竞争 - 随着FinTech业务和贷款组合的持续强劲增长,公司将业绩指引从每股4.35美元上调至5.25美元,不包括2024年每季度50百万美元的股票回购 [15] - 公司将在第三季度财报中发布2025年的初步指引 [15] - 公司正在建设一个能够让现有和新的合作伙伴向其客户发行信用解决方案的平台,这些贷款将主要是短期的,大部分由合作伙伴担保或分销给投资者 [12] - 公司正在投资建设嵌入式金融平台,为零售公司提供应用内的金融服务能力 [63][64] - 公司正在利用人工智能技术来转型成为以FinTech为中心的平台 [60] 管理层对经营环境和未来前景的评论 - 公司的可变利率贷款和证券使其从联储加息中持续获益,4月份购买9亿美元固定利率证券也大幅降低了未来联储降息的敞口 [16][17] - 公司将继续强调固定利率贷款,进一步降低低利率敞口 [18] - 公司认为高利率导致了客户的提前还款,导致S-block和I-block贷款在Q2出现净增长 [19] - 公司认为宏观经济环境给多户家庭桥贷业务带来了挑战,但其组合的稳定性得到了证明,加权平均贷款成本较低 [24][29] 其他重要信息 - 公司将继续以50百万美元的规模进行股票回购,除非董事会另有决定 [56][57] - 公司的资本水平非常充足,即使再进行50百万美元的回购也不会对资本比率产生太大影响 [57] - 公司正在评估信用担保贷款组合的潜在准备金敏感性,但目前没有发现需要单独计提的贷款 [25][26][27] 问答环节重要的提问和回答 问题1 **David Feaster 提问** 询问公司对信用担保贷款组合的非应计贷款迁移情况的看法 [33][34][35] **Damian Kozlowski 回答** 公司正在与贷款担保人密切合作,如果贷款偏离原计划,通常会要求担保人注入额外股权,或者公司不会发放自有资金。目前公司没有看到大量的不良贷款,有资本市场参与者正在寻找这类机会进行再融资 [34][35] 问题2 **Tim Switzer 提问** 询问监管环境变化对公司的影响 [42][43][44][45][46][47][48][49] **Damian Kozlowski 回答** 公司多年来一直密切关注监管要求的变化,已经建立了合规的第三方风险管理体系。相比同行,公司有更大的规模优势来应对监管要求的变化,预计不会对公司产生太大影响 [47][48][49] 问题3 **Frank Schiraldi 提问** 询问公司是否会对信用担保贷款组合计提额外的贷款损失准备 [52][53][54] **Paul Frenkiel 回答** 公司将持续评估信用担保贷款组合的潜在准备金敏感性,但目前没有发现需要单独计提的贷款,不预期会出现实际损失。如果需要计提额外准备金,将会影响业绩指引 [53][54]

业绩总结 - 2024年第二季度收入增长为31%[15] - 2024年更新的每股收益指导为4.35美元[21] - 2023年ROE为26%，2024年ROE预计为28%[16] - 2023年ROA为2.6%，2024年ROA预计为2.9%[17] - 2024年第二季度的效率比率为40%[18] - 2023年第二季度，ROE为25.6%，ROA为2.59%[196] - 2023年第二季度，效率比率为41%[197] - 2023年第二季度，总资产为81亿美元[197] 用户数据 - 2024年6月30日，存款中93%为受保险存款[88] - 2024年第二季度，Fintech解决方案的存款平均为67亿美元[82] - 2024年第二季度，Fintech解决方案的存款成本为2.38%[85] - 2024年第二季度，Fintech解决方案的总银行收入占比为22%[66] 贷款组合 - 2024年6月30日，整体贷款组合的总余额为$5,860百万[104] - 2024年6月30日，房地产桥接贷款的总余额为$2,235百万，占贷款组合的38%[99] - 证券支持的信用额度(SBLOC)的余额为$975百万，占贷款组合的17%[100] - 小企业贷款的总余额为$953百万，占贷款组合的16%[102] - 2024年6月30日，商业车队租赁的总余额为$711百万，占贷款组合的12%[103] - 2024年6月30日，机构银行的贷款组合规模为$1,797百万[133] - 2024年6月30日，机构银行的预估收益率为6.8%[130] - 小企业贷款的7(a)贷款平均规模约为$800K[146] - 2024年6月30日，商业贷款的贷款价值比(LTV)一般为50%-60%[151] - 2024年6月30日，商业车队租赁的预估收益率为8.0%[162] 财务状况 - 2023年第二季度至今，净利息收入增长主要受益于利率环境的提升[175] - 2023年第二季度至今，非利息支出为2.25亿美元[173] - 2023年第二季度，贷款损失准备金占贷款余额的比例为0.5%[179] - SBA 7(a)贷款约75%为美国政府担保[181] - 2023年第二季度，资本充足率为16%[188] - 2024年6月30日可用的信用额度总额为30.53亿美元[90] 股东回报 - 2023年第二季度，股本回购完成5000万美元，第二季度完成1亿美元[191]

PM Images New York Community Bank Second Quarter Earnings Review: New York Community Bank (NYSE:NYCB) reported a Q2 with a headline adjusted earnings loss of $1.05/share. This was much wider than the ~$.45/share loss expected. I'll go through the numbers in what, I think, is the order of importance. Deposits: Deposits grew 5.6%. For a bank that people viewed as teetering on potential insolvency, deposit growth is huge. This growth might have come with a cost, which I'll get to later, but had we seen dep ...