Return on equity

SiriusPoint (SPNT) reported strong Q2 2025 results with a Core combined ratio of 89.5%, a 3.8-point year-over-year improvement. Core underwriting income soared 83% to $68 million. Net income was $59.2 million ($0.50 per diluted share), and gross premiums written grew 10%. The return on equity reached 12.7%, with an underlying ROE of 17.0%, exceeding the target range. Book value per diluted share (ex. AOCI) increased 3.2% to $15.64, and the Q2’25 BSCR estimate is 223%.

First Bancshares (FBSI) reported Q2 2025 net income of $1.82 million ($0.75 per diluted share), up from $1.63 million ($0.67/share) in Q2 2024. Profitability metrics were strong with a 1.36% ROA and 11.82% ROE. Total assets grew $27.3 million YoY to $544.1 million, driven by a $13 million increase in cash equivalents, a $15.9 million rise in net loans ($445.3M), and a $13.4 million deposit surge ($468.3M). A $7.5 million portion of asset growth stemmed from arbitrage activities. Shareholders’ equity increased $6.3 million to $62.3 million. The Bank remains “well-capitalized.”