Overview

• U.S. regional bank's Q2 net income rose 48% yr/yr, revenue up 4% over Q1

• Net interest income rose 29% yr/yr, driven by higher loan yields and lower funding costs

• Nonperforming loans fell nearly 50% from December 2025, improving asset quality

Outlook

• Company says economic volatility and interest rate uncertainty make forecasting challenging

Result Drivers

• HIGHER LOAN YIELDS - Increase in interest and fees on loans due to higher market rates and larger average loan portfolio

• LOWER FUNDING COSTS - Decrease in interest expense driven by lower market rates and changes in deposit and borrowing mix

• REDUCED CREDIT LOSS PROVISION - Lower provision for credit losses due to decreased loan balances, partially offset by higher charge-offs

Company press release: ID:nPn8bgCcka

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 EPS		$1.03
Q2 Net Interest Income		$23 mln

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