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Strong Q2 Earnings with Caution Signals | Wilmington News
This financial institution delivered strong Q2 results with a 5% quarter-over-quarter and 14.8% year-over-year jump in net interest income, boosted by a wider net interest margin of 3.33%. Operating costs fell, driving a 19% QoQ and 31.5% YoY surge in pre-provision net revenue. However, a notable uptick in credit loss provisions—up $5.7M QoQ and $2.5M YoY to $25.8M—signals growing caution amid economic uncertainty. Overall, solid core performance meets prudent risk management in a shifting landscape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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