Latest news with #CapitalMarkets
Zawya
a day ago
- Business
- Zawya
Saudi Elevare360 and Qatari Sahmik sign strategic partnership to accelerate IR Innovation across the GCC
Riyadh, Saudi Arabia – Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, and Sahmik, a Qatari capital markets data and analytics platform, have signed a strategic partnership agreement marking a pivotal step toward advancing investor relations (IR) standards across the Gulf Cooperation Council (GCC). As part of the agreement, the two firms will launch a co-branded bilingual Investor Relations Platform tailored to clients in Saudi Arabia. The new solution, 'Powered by Sahmik × Elevare360,' will integrate real-time market data, ESG dashboards, and institutional-grade reporting tools into state-of-the-art IR websites. Already trusted by major GCC listed companies, Sahmik's platform brings proven technology and credibility to the Kingdom. The solution will offer Saudi issuers a digital gateway to articulate their equity story, meet disclosure requirements, and actively engage shareholders—supporting the region's digital transformation drive to attract long-term capital and position listed companies for global visibility. This partnership reflects the rising prominence of the Saudi stock market and the abundant opportunities it presents for regional and international investors. It also signals the growing maturity of GCC-based companies in adopting professional IR practices and forging high-impact cross-border alliances. Amid the Kingdom's busiest issuance cycle to date, 2024 saw 44 new listings raise the Saudi Exchange's total to 353 companies—up from 247 Main-Market names at the end of 2023. Momentum is set to accelerate, with forecasts from Al Rajhi Capital, EY, and others projecting 50–60 IPOs across 2025–26. Against this backdrop of rapid expansion, the Elevare360 × Sahmik collaboration arrives at a pivotal moment—equipping issuers with data-rich, bilingual IR technology and strategic counsel to stand out, meet rising disclosure demands, and compete for global capital on a broader, faster-moving market stage. 'This partnership underscores our conviction that data-driven investor-relations (IR) solutions are essential for Saudi companies that want to attract and retain both institutional and retail investors. By deploying these cutting-edge tools, we can help transform the Kingdom's capital market. Together with Sahmik, we're equipping issuers to be more transparent, investor-ready, and fully aligned with the ambitions of Vision 2030,' said Dr. Mishal Al-Harbi, Co-Founder and COO of Elevare360. 'The Elevare-Sahmik alliance is a natural extension of our mission to democratize access to capital markets data and IR technology. By combining our analytics engine with Elevare's strategic expertise, we're delivering a truly end-to-end IR solution that scales across the GCC,' said Dalibor Pajic, Head of Content and Data Management. Rasha El Hassan, Head of IR Advisory at Elevare360, emphasized, "The integration of advanced analytics and real-time market intelligence with strategic advisory services is a game-changer for IR professionals across the region. Through our partnership with Sahmik, we are empowering companies to proactively manage investor perceptions, streamline compliance, and elevate their equity narratives in alignment with global best practices. This collaboration marks a significant leap forward in setting new standards for investor engagement and transparency in our region." Initially focused on Saudi Arabia and Qatar, the partnership plans to expand across the broader GCC in response to growing demand for digital IR tools and localized advisory services. As proud members of the Middle East Investor Relations Association (MEIRA), both Elevare360 and Sahmik view this partnership as a testament to the value of regional collaboration within the MEIRA community—demonstrating how shared standards, data transparency, and strategic storytelling can unlock cross-border value.
Bloomberg
a day ago
- Business
- Bloomberg
Bloomberg Wins Tech Supplier of the Year at Capital Markets Technology Awards APAC 2025
Bloomberg has been named APAC Capital Markets Tech Supplier of the Year at the inaugural Capital Markets Technology Awards APAC 2025, hosted by the A-Team Group. The award recognizes Bloomberg's ongoing excellence, innovation, and success in delivering technology solutions to capital markets across the Asia-Pacific. The winners for these awards have been voted by the financial user audience of A-Team Insight. Bloomberg provides a comprehensive suite of solutions that empower clients to stay ahead in fast-moving APAC markets, helping them navigate complexity and uncover opportunities across asset classes. Central to this is the Bloomberg Terminal, which provides real-time access to news, data, insights and trading tools for informed decision-making. In addition, Bloomberg's data, trading, risk, compliance and indices solutions for enterprises deliver transparency, efficiency, and actionable insights. Angela Wilbraham, the CEO of A-Team Group and the host of the Capital Markets Technology Awards APAC 2025, stated, 'Congratulations to Bloomberg for receiving the APAC Capital Markets Tech Supplier of the Year award at the first-ever Capital Markets Technology Awards APAC 2025. These awards honor the innovations and solutions that are transforming the technology landscape in capital markets within the region, showcasing significant accomplishments throughout the financial sector and emphasizing solutions that tackle the distinct challenges and opportunities found in Asia Pacific's varied markets. Bing Li, Head of APAC at Bloomberg, said: 'We are honored to receive this award, which we see as testament to our clients' success in using the Bloomberg Terminal and our other technologies to capitalize on opportunities throughout the region. We will continue to innovate alongside those same clients, ensuring they have the tools they need as markets evolve.' The A-Team Capital Markets Technology Awards APAC celebrates the innovation, agility, and excellence of pioneering technology providers and financial institutions across the region. Winners are selected through industry voting and by the independent APAC Advisory Board comprising respected experts and practitioners.
Time of India
a day ago
- Business
- Time of India
India Office REITs outperform Realty Index, attract global investors: Cushman & Wakefield study
Indian office REITs are showing strong growth. They are outperforming the real estate market. Investor interest is increasing. Global Capability Centres are driving leasing demand. REIT-owned properties are capturing a bigger share of the Grade A office market. A new office REIT, Knowledge Realty Trust, is expected to launch soon. India's REIT market is among Asia's fastest growing. Tired of too many ads? Remove Ads Global capability centres power leasing momentum Tired of too many ads? Remove Ads REITs capture bigger share of India's grade A office market New listings on the horizon India among Asia's fastest growing REIT markets India's Office REITs are fast emerging as a resilient wealth-creation avenue, outperforming the broader real estate market and drawing increasing investor to Cushman & Wakefield 's latest Asia REIT Market Insight 2024–25, Indian office REITs recorded over 15% capital appreciation in the past 12 months, surpassing the performance of the BSE Realty Index, which witnessed a correction during the same study highlighted that India and China remain the key growth engines for the Asia REIT market in 2024, even as mature markets like Japan, Singapore, and Hong Kong trend towards stabilization. 'India's REIT market continues to carve a strong trajectory, with exceptional growth seen across the office sector,' said Somy Thomas, Executive Managing Director, Valuations and Co-Head, Capital Markets, India at Cushman & Wakefield.A key driver behind this robust performance has been the surging leasing demand from Global Capability Centres ( GCCs ), which increasingly prefer institutional-grade office spaces offered by REITs. According to Cushman & Wakefield, GCCs accounted for 40%–60% of total leasing demand in REIT assets, compared to their overall average of 28–29% across India's office of June 2025, India's REIT landscape comprises three office REITs and one retail REIT, collectively managing over 105 million sq ft of operational space, with plans to add another 23 million sq ft under development. REIT-owned properties now account for approximately 13% of India's total Grade A office stock, a significant jump driven by demand from multinationals, BFSI firms, and engineering Chen, Director, Investor Client Intelligence & Insights, Asia Pacific at Cushman & Wakefield, noted, 'India's performance emphasizes the growing strength of the country's institutional-grade real estate. These markets continue to create new and exciting opportunities for investors targeting Asia.'The Indian REIT market is set to grow further, with Knowledge Realty Trust, backed by Blackstone and Sattva Developers, expected to launch India's fourth office REIT by the end of 2025. With 48 million sq ft of Grade A office space, it is poised to become one of the largest REITs in India upon mature markets like Japan, Singapore, and Hong Kong are focusing on operational efficiencies amidst global monetary challenges, India stands out among Asia's emerging markets. Alongside China and Thailand, India recorded a 13% growth in its REIT market during 2024, as per Cushman & Wakefield's data. This growth is underpinned by strong economic fundamentals, increasing foreign investor interest, and rising demand for premium office spaces.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Yahoo
4 days ago
- Business
- Yahoo
Huntington Bancshares Inc (HBAN) Q2 2025 Earnings Call Highlights: Strong Growth and Strategic ...
Earnings Per Share (EPS): $0.34, including a $0.04 impact from securities repositioning and a notable item. Adjusted EPS Growth: 27% year over year. Return on Tangible Common Equity (ROTCE): 16.1%; adjusted ROTCE at 17.6%. Average Loan Growth: $2.3 billion or 1.8% from the prior quarter; 7.9% year over year. Average Deposit Growth: $1.8 billion or 1.1% from the prior quarter. Common Equity Tier 1 (CET1): Reported at 10.5%; adjusted CET1 at 9%. Tangible Book Value Per Share: Increased 16% year over year. Net Charge-Offs: 20 basis points. Allowance for Credit Losses: 1.86%. Revenue Growth: 8% year over year. Pre-Provision Net Revenue (PPNR) Growth: 8% reported; 15% adjusted year over year. Net Interest Income Growth: 2.9% sequentially; 12% year over year. Net Interest Margin (NIM): 3.11%, up 1 basis point from the prior quarter. Non-Interest Income Growth: 7% year over year. Payments Revenue Growth: 7% year over year. Wealth Management Fee Growth: 13% year over year. Capital Markets Growth: 15% year over year. Non-Interest Expense: $1.2 billion for the quarter. Full-Year Loan Growth Guidance: Increased to 6% to 8%. Full-Year Deposit Growth Guidance: Increased to 4% to 6%. Full-Year Net Interest Income Guidance: Increased to 8% to 9%. Full-Year Fee Income Growth Guidance: 4% to 6%. Full-Year Expense Growth Guidance: 5% to 6%. Full-Year Net Charge-Off Guidance: Lowered to 20 to 30 basis points. Warning! GuruFocus has detected 6 Warning Sign with HBAN. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Huntington Bancshares Inc (NASDAQ:HBAN) reported strong operating performance with robust organic growth in loans, deposits, and fees, exceeding their plans for the year. The company is driving strong revenue and profit growth year over year, supported by earning asset growth, expanded net interest margin, and positive operating leverage. Credit performance remains stable with a low level of losses, reflecting proactive management of loan portfolios and disciplined customer selection. The acquisition of Veritex is expected to significantly accelerate growth in Texas, bringing new opportunities in commercial lending and capital markets. Huntington Bancshares Inc (NASDAQ:HBAN) demonstrated strong liquidity with 2 times coverage of uninsured deposits and a 16% increase in tangible book value year over year. Negative Points Non-interest bearing deposits decreased, raising concerns about potential shifts in customer behavior towards higher-yielding products. The growth from new initiatives slowed this quarter, which could indicate increased competition or market saturation. There is uncertainty regarding the stability of the economic environment, which could impact the company's ability to hit the higher end of its net interest income guidance range. The company faces potential headwinds from economic uncertainties and the competitive environment in deposit gathering. Operating expenses are expected to increase due to higher incentive compensation and volume-related drivers, which could impact overall profitability. Q & A Highlights Q: Zach, regarding the new net interest income guidance range, what do you see as the threats to hitting the higher end of that range? A: Zachary Wasserman, CFO, mentioned that they are well on track to potentially hit the higher end of the range. He noted that the momentum in loans and stable net interest margin (NIM) are key factors. The primary concern would be the stability of the economic environment, but currently, there are no substantial threats anticipated. Q: Can you provide feedback from internal and external partners on the Veritex acquisition announcement? A: Stephen Steinour, CEO, and Brant Standridge, President of Consumer and Regional Banking, reported positive feedback. Long-term shareholders encouraged strategic acquisitions, and the Veritex team is seen as a great fit. The acquisition is expected to enhance Huntington's presence in Texas, with Malcolm Holland joining as Chairman of Texas. Q: Zach, can you discuss the differentiation in deposit trends among regional banks and how Huntington is managing deposit growth and costs? A: Zachary Wasserman, CFO, highlighted that deposit growth exceeded expectations, driven by primary bank relationships. Deposit costs trended down, and the expectation is for stable costs assuming no rate cuts. If rates decrease, there could be further opportunities to reduce costs. Q: How are Veritex lenders reacting to Huntington's acquisition, and has it led to any inbound inquiries from other Texas teams? A: Brant Standridge, President of Consumer and Regional Banking, noted excitement among Veritex colleagues and customers due to Huntington's broader capabilities. The local structure and leadership in Texas are seen positively, and there have been inbound inquiries from other Texas teams. Q: Zach, can you explain the change in the expense guide and whether higher net interest income would lead to higher expenses? A: Zachary Wasserman, CFO, explained that the primary driver of higher expenses is increased incentive compensation due to better revenue and profit outlooks. If net interest income reaches the higher end of the guidance range, expenses are expected to align with that. Q: Can you provide an update on the buildout in the Carolinas and the outlook for branch openings? A: Brant Standridge, President of Consumer and Regional Banking, expressed optimism about growth in North and South Carolina. The economic performance in these regions is strong, and Huntington plans to open more than 20 branches next year, continuing to invest in these markets. Q: How is Huntington managing its funding strategy, particularly regarding deposit growth and liquidity? A: Zachary Wasserman, CFO, explained that Huntington is optimizing funding and loan growth to drive the best net interest margin. The deposit gathering program is ongoing, and sequential growth is expected in Q4, with deposit growth expected to match loan growth over the longer term. Q: How is Huntington addressing the increase in non-performing assets in the C&I sector? A: Brendan Lawlor, Chief Credit Officer, noted that criticized loans decreased, and the increase in non-performing assets was due to one-off transactions. Overall credit quality remains strong, with improvements in the deeper part of the criticized book. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
6 days ago
- Business
- Yahoo
CIBC boosts price targets for 36 gold stocks; sees new all-time high for bullion in 2025
The price of gold is forecast to hit a new all-time high of US$3,600 per ounce in the second half of 2025, and stay there through next year. That's according to CIBC Capital Markets analysts expecting an encore to early 2025's record-breaking rally. The spot price of bullion (GC=F) has climbed about 28 per cent year-to-date. Gold set a fresh record trading high at about US$3,500 per ounce in late April. Since then, prices have pulled back to the US$3,300-range. CIBC analyst Anita Soni says a banquet of uncertainty around the world this year is boosting the appeal of alternative reserve assets. Last December, her team predicted gold prices would average $2,800 per ounce in 2025. 'In that seven months, U.S. President Trump has taken office, initiated a global trade war and implemented several protective tariffs impacting goods imported into the United States, and threatened and backed off from multitudes more,' Soni wrote in a recent report. 'Geopolitical tensions in the Middle East and Russia remain elevated," she added. 'All this uncertainty has led to the acceleration of de-dollarization, supporting gold prices.' CIBC Capital Markets now expects bullion to average US$3,600 per ounce in the second half of 2025, and through 2026. In 2027, the bank forecasts US$3,300 per ounce, falling to US$3,000 in 2028. On Monday, the Toronto-based bank boosted its price targets for 36 Canadian gold stocks, citing expectations for lower interest rates, geopolitical uncertainty, and continued stockpiling by central banks among expected tailwinds for the precious metal. 'We continue to expect a positive macroeconomic setup for gold,' Soni wrote. 'We believe [U.S.] rate cuts are likely and it's a matter of 'when and how fast', and not 'if.'' CIBCs top stock picks in the sector are Agnico Eagle Mines ( Kinross Gold ( Alamos Gold ( Franco-Nevada (FNV), and Discovery Silver ( Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on X @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
