Reports Q3 net interest margin of 6.04% decreased 12 basis points from 3Q24. Book value per share was $32.60 from $28.38 last quarter. Common equity tier 1 capital ratio was 15.27% from 14.67% last quarter. “With another year of industry leading performance and growth, our investment in a new headquarters will position us to attract top talent while providing our teams with a state-of-the-art facility to serve the complex and fragmented national and local verticals we operate, support future expansion, and allow us to continue to deliver exceptional client service,” stated Tony Coelho, Chairman of the Board. “By deeply understanding and serving our key national verticals and local markets and continuously investing in our future, we’ve established a strong culture and foundation for sustainable growth and continued industry leadership, as reflected in our top tier performance metrics, resilient net interest margin, and strong core deposit and commercial loan growth on a national basis,” stated Andrew Sagliocca, Vice Chairman and CEO.
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