Sound Financial Bancorp's Q2 net income rises, EPS at $0.79
Overview
Sound Financial Bancorp Q2 net income rises to $2.1 mln, EPS at $0.79
Net interest income increases 14.7% qtr/qtr, driven by higher loan yields
Nonperforming loans decrease 65.1%, indicating improved credit quality
Outlook
Sound Financial expects gradual decline in funding costs due to rate cuts
Company anticipates continued growth in loan portfolio with solid pipeline
Company leverages technology investments to reduce expenses and drive efficiencies
Result Drivers
LOAN PORTFOLIO GROWTH - Co increased loans held for portfolio by 2% in Q2, contributing to higher interest income
CREDIT QUALITY IMPROVEMENT - Resolution of major nonaccrual loans led to improved credit quality and net interest income
COST MANAGEMENT - Reduction in cost of funds and emphasis on money market products positioned for future rate cuts
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS |
| $0.79 |
|
Q2 Net Income |
| $2.10 mln |
|
Q2 Dividend |
| $0.19 |
|
Press Release: ID:nGNX8Tyb2k
Related Articles
American Tower 2025 Second Quarter Earnings Comments
Revenue: American Tower reported total revenue of $2.63 billion in Q2 2025, surpassing market expectations of $2.59 billion but down 9.3% from $2.9 billion in Q2 2024.
What to Expect From Microsoft Q4 FY2025 Earnings: The King of AI Monetization — A $4 Trillion Market Cap Within Reach?
TradingKey - Cloud giant Microsoft (MSFT.US) will report its fiscal fourth-quarter 2025 earnings (calendar Q2) after the U.S. market close on July 30. Wall Street is bullish, expecting strong results from Azure cloud services and AI-driven growth to propel Microsoft’s market capitalization toward
Microsoft 4Q25 Earnings Preview: A Closure to a Great Fiscal Year
Microsoft will release its earnings for the fourth quarter of the fiscal 2025 on July 30th after the market closes:- 4Q25 Earnings per share: $3.38 estimate vs. 4Q24 actual of $2.95 (+15% y/y) - 4Q25 Revenue: $73.81bn estimate vs. 4Q24 actual of $64.38bn (+15% y/y)
U.S. GDP, PCE, and Fed Rate Decision Preview: U.S. Stocks May Continue to Rise
TradingKey - The United States is set to release its latest GDP and PCE data on 30–31 July 2025, with the Federal Reserve’s interest rate decision expected concurrently. Market consensus anticipates that the annualized real GDP growth rate for the second quarter will turn positive
What to Expect From Meta Q2 Earnings: AI Push, Ad Strength — But Can Profitability Hold?
TradingKey - Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp, will release its Q2 2025 earnings after the U.S. market close on Wednesday, July 30. After nine consecutive quarters of beating expectations, analysts expect another strong performance — driven by AI-powered
