Origin Bancorp | 10-Q: FY2025 Q2 EPS Misses Estimate at USD 0.47

LB filings
2025.08.06 19:25
portai
I'm PortAI, I can summarize articles.

EPS: As of FY2025 Q2, the actual value is USD 0.47, missing the estimate of USD 0.778.

EBIT: As of FY2025 Q2, the actual value is USD 18.66 M.

Segment Revenue

  • Interest and Fees on Loans: $121,239 thousand for Q2 2025, $129,879 thousand for Q2 2024, $238,314 thousand for H1 2025, $257,065 thousand for H1 2024.
  • Investment Securities - Taxable: $7,692 thousand for Q2 2025, $6,606 thousand for Q2 2024, $15,768 thousand for H1 2025, $13,455 thousand for H1 2024.
  • Investment Securities - Nontaxable: $1,425 thousand for Q2 2025, $893 thousand for Q2 2024, $2,393 thousand for H1 2025, $1,803 thousand for H1 2024.
  • Interest and Dividend Income on Assets Held in Other Financial Institutions: $4,281 thousand for Q2 2025, $4,416 thousand for Q2 2024, $10,705 thousand for H1 2025, $8,172 thousand for H1 2024.

Operational Metrics

  • Net Interest Income: $82,136 thousand for Q2 2025, $73,890 thousand for Q2 2024, $160,595 thousand for H1 2025, $147,213 thousand for H1 2024.
  • Provision for Credit Losses: $2,862 thousand for Q2 2025, $5,231 thousand for Q2 2024, $6,306 thousand for H1 2025, $8,243 thousand for H1 2024.
  • Net Income: $14,647 thousand for Q2 2025, $20,989 thousand for Q2 2024, $37,058 thousand for H1 2025, $43,621 thousand for H1 2024.
  • Basic Earnings Per Common Share: $0.47 for Q2 2025, $0.68 for Q2 2024, $1.19 for H1 2025, $1.41 for H1 2024.
  • Diluted Earnings Per Common Share: $0.47 for Q2 2025, $0.67 for Q2 2024, $1.18 for H1 2025, $1.40 for H1 2024.

Cash Flow

  • Net Cash Provided by Operating Activities: $56,194 thousand for H1 2025, $39,029 thousand for H1 2024.
  • Net Cash Used in Investing Activities: - $121,711 thousand for H1 2025, - $204,479 thousand for H1 2024.
  • Net Cash (Used by) Provided by Financing Activities: - $70,621 thousand for H1 2025, $173,059 thousand for H1 2024.

Unique Metrics

  • Nonaccrual Loans: $85,315 thousand as of June 30, 2025, $75,002 thousand as of December 31, 2024.
  • Allowance for Loan Credit Losses (ALCL): $92,426 thousand as of June 30, 2025, $91,060 thousand as of December 31, 2024.

Future Outlook and Strategy

  • Core Business Focus: The company continues to focus on managing credit quality, maintaining strong liquidity, and optimizing its loan portfolio. The provision for credit losses has been adjusted to reflect current economic conditions and the performance of the loan portfolio.
  • Non-Core Business: The company is also focusing on managing its investment securities portfolio, with significant activities in purchasing and selling securities to optimize returns and manage interest rate risk.
  • Priority: The company aims to maintain a strong capital position and manage its liquidity effectively to support future growth and meet regulatory requirements.
Source: LB filings The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.