Strong Loan Originations
Loan originations reached $1.8 billion, marking a 21% increase quarter-over-quarter and a 24% increase year-over-year.
Significant Revenue and Net Income Growth
Net income increased by 19% from the previous quarter and 42% year-over-year, with diluted earnings per share rising to $0.34.
New Strategic Agreements
Announced agreements with DreamFi and Tallied Technologies, expected to bring substantial credit enhanced portfolio balances.
Increase in Tangible Book Value
Tangible book value per share increased to $13.84 from $13.51, reflecting ongoing value creation for shareholders.