Company Reports Q1 Revenue of $213.29M, Below Consensus
Reports Q1 revenue $$213.29M, consensus $216.04M. Reports Q1 annualized Loan Net Charge-Offs 0.11% vs. 0.13% last year. "Our Company delivered another quarter of strong core performance with operating diluted EPS of $1.15, up 17.3% year-over-year and representing our fourth consecutive quarter of record results," commented Dimitar A. Karaivanov, President and CEO. "Our organic momentum continues across all businesses and is also supported by margin and market value tailwinds. During the quarter we achieved an operating return on assets1 of 1.42% while continuing to actively invest in organic and inorganic growth initiatives. At the same time, we remain focused on expanding operating leverage and ensuring that recent investments translate fully into bottom-line results. With our diversified financial services businesses, high-quality balance sheet and disciplined capital deployment, we are well positioned to continue to scale the Company and continue to expect strong earnings growth through the remainder of 2026."
