InsCorp Inc. Reports 24% Y/Y Revenue Growth and EPS Increase to $0.73 in 2Q25

Reuters
07/29
InsCorp Inc. Reports 24% Y/Y Revenue Growth and EPS Increase to $0.73 in 2Q25

InsCorp, Inc. (OTCQX: IBTN) announced its financial results for the second quarter of 2025, highlighting a notable increase in earnings per share $(EPS)$, which rose to $0.73 in 2Q25 compared to $0.57 in 1Q25 and $0.63 in 2Q24. The company's revenue growth accelerated to $1.519 million, marking a 24% year-over-year increase in 2Q25, up from $789,000 or 13% Y/Y in 1Q25. InsCorp also reported a 20% Y/Y rise in pretax, pre-provision income, reaching $3.037 million in 2Q25, despite a provision for credit losses of $380,000 in the same quarter. The improved financial performance was supported by the company's strategic resource additions, including the hiring of five new associates, notably Billie Jo Parker, a former Pinnacle Financial Partners executive, who joined as Chief Banking & Development Officer. This move represented a significant addition to INSBANK's senior management team. The company anticipates continued improvement in net income, return on assets (ROA), and return on equity $(ROE)$ during the second half of the year, barring any unexpected volatility. InsCorp's existing capital levels remain robust, maintaining a "well-capitalized" status with a tier-1 leverage ratio of 11.28% and a tangible common equity ratio at 8.02% as of the end of 2Q25. The tangible book value per share increased 6.4% Y/Y to $26.48 as of June 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InsCorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG39209) on July 29, 2025, and is solely responsible for the information contained therein.

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