EPS: As of FY2025 Q2, the actual value is USD 0.64.

Segment Revenue

• Interest Income: Total interest income for the three months ended June 30, 2025 was $167,550 thousand, compared to $159,418 thousand for the same period in 2024. For the six months ended June 30, 2025, total interest income was $329,415 thousand, compared to $320,427 thousand in 2024.

Operational Metrics

• Net Interest Income: Net interest income for the three months ended June 30, 2025 was $98,097 thousand, compared to $75,502 thousand for the same period in 2024. For the six months ended June 30, 2025, net interest income was $192,310 thousand, compared to $147,032 thousand in 2024.
• Provision for Credit Losses: Provision for credit losses for the three months ended June 30, 2025 was $9,221 thousand, compared to $5,585 thousand for the same period in 2024. For the six months ended June 30, 2025, provision for credit losses was $18,847 thousand, compared to $10,795 thousand in 2024.
• Net Income: Net income for the three months ended June 30, 2025 was $29,697 thousand, compared to $18,479 thousand for the same period in 2024. For the six months ended June 30, 2025, net income was $51,155 thousand, compared to $36,170 thousand in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: Net cash provided by operating activities for the six months ended June 30, 2025 was $88,483 thousand, compared to $43,358 thousand for the same period in 2024.
• Net Cash Used in Financing Activities: Net cash used in financing activities for the six months ended June 30, 2025 was $123,076 thousand, compared to $142,640 thousand for the same period in 2024.

Unique Metrics

• Loan Level Derivative Income: Loan level derivative income for the three months ended June 30, 2025 was $942 thousand, compared to $1,085 thousand for the same period in 2024. For the six months ended June 30, 2025, loan level derivative income was $1,003 thousand, compared to $1,491 thousand in 2024.

Future Outlook and Strategy

• Core Business Focus: The Company plans to continue focusing on its core business areas, including commercial and consumer lending, personal and business banking, treasury management, and merchant services. The Company aims to maintain its competitive position by enhancing its product offerings and customer service.
• Non-Core Business: The Company is exploring opportunities to expand its market presence by opening a new branch in Lakewood, New Jersey, which has received all requisite regulatory approvals.