WEX Q2 2025: EPS Up 8%, Revenue Down 2%, Debt Rises to $5.4B

Q: How did WEX (WEX) revenue perform in Q2 2025?

Revenue was $659.6 million , down 2.1% from $673.5 million in Q2 2024.

Q: Why did diluted EPS rise even though net income fell?

A $750 million Dutch-auction tender and other buybacks reduced diluted shares 18%, lifting EPS to $1.98.

Q: What is WEX's current debt position?

Total debt is $5.44 billion (short- and long-term) after issuing $550 million 6.5% Senior Notes and $449 million Term B-3 loans.

Q: Which WEX segment showed growth in Q2 2025?

The Benefits segment grew 8.5% YoY to $195.1 million.

Q: What was WEX's operating cash flow for the first half of 2025?

Operating cash flow was -$217 million , versus -$160 million in the prior year period.

Q: How much liquidity does WEX have on its revolver?

The company had $782 million of unused borrowing capacity on the revolving credit facility at 30 June 2025.

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WEX Inc. (WEX) Q2 2025 Form 10-Q highlights

Total revenue fell 2.1% YoY to $659.6 m; 1H 2025 revenue down 2.3% to $1.30 bn.
Mix shift: Payment processing -10.4% YoY, while account servicing +5.5% and finance fees +3.3%. Benefits segment grew 8.5%, partly offsetting Mobility (-3.7%) and Corporate Payments (-11.8%).
Profitability: Operating income declined 6.7% to $156.8 m (margin 23.8%), and net income dropped 11.6% to $68.1 m. Diluted EPS rose 8.2% to $1.98 as diluted shares shrank 18% to 34.4 m following a $750 m Dutch-auction tender and $802 m total YTD buybacks.
Cash flow: Operating cash flow was -$217 m YTD (-$160 m LY) on working-capital outflows; capex $67 m.
Balance sheet: Cash & equivalents increased to $772.6 m, but total debt climbed to $5.44 bn (vs. $4.38 bn YE 2024) after issuing $550 m 6.5% Senior Notes and $449 m incremental Term B-3 loans. Equity fell 34% to $979 m, pushing net debt/eq higher.
Liquidity: $782 m undrawn revolver capacity; FHLB advances $1.15 bn; securitized debt $92.7 m.
Other comprehensive income swung positive ($73.9 m) driven by AFS gains and FX translation, lifting total comprehensive income to $142.0 m.

The quarter shows resilient EPS aided by aggressive buybacks, but underlying revenue softness, negative operating cash flow and higher leverage warrant attention.

WEX Inc. (WEX) evidenze del Modulo 10-Q per il secondo trimestre 2025

Ricavi totali in calo del 2,1% su base annua a 659,6 milioni di dollari; ricavi del primo semestre 2025 in diminuzione del 2,3% a 1,30 miliardi di dollari.
Variazione del mix: elaborazione pagamenti -10,4% annuo, mentre servizi di conto +5,5% e commissioni finanziarie +3,3%. Il segmento Benefits 猫 cresciuto dell'8,5%, compensando parzialmente Mobility (-3,7%) e Corporate Payments (-11,8%).
搁别诲诲颈迟颈惫颈迟脿: l'utile operativo 猫 diminuito del 6,7% a 156,8 milioni di dollari (margine 23,8%), e l'utile netto 猫 sceso dell'11,6% a 68,1 milioni. L'EPS diluito 猫 aumentato dell'8,2% a 1,98 dollari grazie a una riduzione del 18% delle azioni diluite a 34,4 milioni, a seguito di un'offerta di riacquisto olandese da 750 milioni di dollari e buyback totali da 802 milioni di dollari da inizio anno.
Flusso di cassa: il flusso di cassa operativo 猫 stato negativo per 217 milioni di dollari da inizio anno (-160 milioni l'anno precedente) a causa di deflussi di capitale circolante; investimenti in capitale (capex) pari a 67 milioni.
Stato patrimoniale: la liquidit脿 e equivalenti sono aumentati a 772,6 milioni di dollari, ma il debito totale 猫 salito a 5,44 miliardi (rispetto a 4,38 miliardi a fine 2024) dopo l'emissione di Senior Notes da 550 milioni al 6,5% e prestiti Term B-3 incrementali da 449 milioni. Il patrimonio netto 猫 diminuito del 34% a 979 milioni, aumentando il rapporto debito netto/patrimonio.
尝颈辩耻颈诲颈迟脿: capacit脿 non utilizzata del revolving da 782 milioni di dollari; anticipi FHLB per 1,15 miliardi; debito cartolarizzato per 92,7 milioni.
Altri utili complessivi sono diventati positivi (73,9 milioni) grazie a guadagni su attivit脿 disponibili per la vendita e alla traduzione valutaria, portando l'utile complessivo totale a 142,0 milioni.

Il trimestre mostra un EPS resiliente supportato da buyback aggressivi, ma la debolezza sottostante dei ricavi, il flusso di cassa operativo negativo e la maggiore leva finanziaria richiedono attenzione.

WEX Inc. (WEX) 2025雲� 2攵勱赴 Form 10-Q 欤检殧雮挫毄

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Points cl茅s du formulaire 10-Q du deuxi猫me trimestre 2025 de WEX Inc. (WEX)

Revenus totaux en baisse de 2,1 % en glissement annuel 脿 659,6 millions de dollars ; revenus du premier semestre 2025 en recul de 2,3 % 脿 1,30 milliard de dollars.
Changement de mix : traitement des paiements -10,4 % en glissement annuel, tandis que les services de comptes augmentent de 5,5 % et les frais financiers de 3,3 %. Le segment Benefits a progress茅 de 8,5 %, compensant partiellement Mobility (-3,7 %) et Corporate Payments (-11,8 %).
搁别苍迟补产颈濒颈迟茅 : le r茅sultat op茅rationnel a diminu茅 de 6,7 % 脿 156,8 millions de dollars (marge de 23,8 %), et le r茅sultat net a chut茅 de 11,6 % 脿 68,1 millions. Le BPA dilu茅 a augment茅 de 8,2 % 脿 1,98 dollar gr芒ce 脿 une r茅duction de 18 % du nombre d'actions dilu茅es 脿 34,4 millions suite 脿 une offre publique de rachat aux ench猫res hollandaises de 750 millions de dollars et des rachats totaux de 802 millions depuis le d茅but de l'ann茅e.
Flux de tr茅sorerie : flux de tr茅sorerie op茅rationnel n茅gatif de 217 millions de dollars depuis le d茅but de l'ann茅e (-160 millions l'an pass茅) en raison de sorties de fonds li茅es au fonds de roulement ; investissements (capex) de 67 millions.
Bilan : liquidit茅s et 茅quivalents en hausse 脿 772,6 millions de dollars, mais dette totale en hausse 脿 5,44 milliards (contre 4,38 milliards fin 2024) apr猫s 茅mission de billets seniors 脿 6,5 % pour 550 millions et pr锚ts Term B-3 suppl茅mentaires de 449 millions. Les capitaux propres ont chut茅 de 34 % 脿 979 millions, ce qui a augment茅 le ratio dette nette/capitaux propres.
尝颈辩耻颈诲颈迟茅 : capacit茅 de cr茅dit renouvelable non utilis茅e de 782 millions de dollars ; avances FHLB de 1,15 milliard ; dette titris茅e de 92,7 millions.
Autres r茅sultats globaux sont devenus positifs (73,9 millions) gr芒ce aux gains sur actifs disponibles 脿 la vente et 脿 la traduction des devises, portant le r茅sultat global total 脿 142,0 millions.

Le trimestre montre un BPA r茅silient soutenu par des rachats d'actions agressifs, mais la faiblesse sous-jacente des revenus, le flux de tr茅sorerie op茅rationnel n茅gatif et l'endettement accru m茅ritent une attention particuli猫re.

WEX Inc. (WEX) Highlights aus dem 10-Q-Bericht f眉r Q2 2025

Gesamtumsatz sank im Jahresvergleich um 2,1 % auf 659,6 Mio. USD; Umsatz im 1. Halbjahr 2025 um 2,3 % auf 1,30 Mrd. USD gesunken.
惭颈虫-脛苍诲别谤耻苍驳: Zahlungsabwicklung -10,4 % YoY, w盲hrend Kontoservice +5,5 % und Finanzgeb眉hren +3,3 % zulegten. Der Benefits-Segment wuchs um 8,5 %, was teilweise die R眉ckg盲nge bei Mobility (-3,7 %) und Corporate Payments (-11,8 %) ausglich.
笔谤辞蹿颈迟补产颈濒颈迟盲迟: Betriebsergebnis sank um 6,7 % auf 156,8 Mio. USD (Marge 23,8 %), und der Nettogewinn fiel um 11,6 % auf 68,1 Mio. USD. Das verw盲sserte EPS stieg um 8,2 % auf 1,98 USD, da die verw盲sserten Aktien nach einer 750 Mio. USD umfassenden niederl盲ndischen Auktion und 802 Mio. USD Gesamtr眉ckk盲ufen im Jahresverlauf um 18 % auf 34,4 Mio. schrumpften.
Cashflow: Operativer Cashflow lag YTD bei -217 Mio. USD (-160 Mio. USD im Vorjahr) aufgrund von Netto-Umlaufverm枚gensabfl眉ssen; Investitionen (Capex) 67 Mio. USD.
Bilanz: Zahlungsmittel und Zahlungsmittel盲quivalente stiegen auf 772,6 Mio. USD, aber die Gesamtverschuldung erh枚hte sich auf 5,44 Mrd. USD (gegen眉ber 4,38 Mrd. USD Ende 2024) nach Ausgabe von 550 Mio. USD 6,5%-Senior Notes und zus盲tzlichen Term-B-3-Darlehen in H枚he von 449 Mio. USD. Eigenkapital fiel um 34 % auf 979 Mio. USD, was die Nettoverschuldung/Eigenkapital-Ratio erh枚hte.
尝颈辩耻颈诲颈迟盲迟: Unausgesch枚pfte Revolver-Kapazit盲t von 782 Mio. USD; FHLB-Vorsch眉sse 1,15 Mrd. USD; verbriefte Verbindlichkeiten 92,7 Mio. USD.
Sonstiges Gesamtergebnis wurde positiv (73,9 Mio. USD) getrieben durch Gewinne aus als verf眉gbar zum Verkauf klassifizierten Wertpapieren und W盲hrungsumrechnung, was das Gesamtergebnis auf 142,0 Mio. USD anhob.

Das Quartal zeigt ein widerstandsf盲higes EPS, unterst眉tzt durch aggressive Aktienr眉ckk盲ufe, doch die zugrundeliegende Umsatzschw盲che, negativer operativer Cashflow und h枚here Verschuldung erfordern Aufmerksamkeit.

Insights

TL;DR: EPS up on buybacks, core growth soft; leverage higher鈥攐verall neutral.

Revenue contraction in Mobility and Corporate Payments reflects lower fuel spreads and weaker virtual-card volume, outweighing solid 8% Benefits growth. Operating expense control (G&A -15%) buffered margin erosion, yet operating cash flow turned further negative. Management funded a $750 m tender offer via $550 m 6.5% notes and $450 m term loans, shrinking share count but elevating net leverage toward ~4.5脳 EBITDA (not disclosed here). With $773 m cash and ample revolver capacity, near-term liquidity looks comfortable; however, higher interest costs (financing interest +8.5%) will pressure earnings run-rate. Guidance not provided in the excerpt. Net effect is strategically mixed: accretive EPS, but growth headwinds and leverage rise.

TL;DR: Debt-funded buybacks spike leverage; cash flow negative鈥攃redit outlook cautious.

Long-term debt expanded 27% to $3.91 bn, with new unsecured 6.5% notes adding fixed interest burden through 2033. Equity drop to <$1 bn drives debt-to-equity above 5脳, while treasury stock approaches $2.22 bn. OCF shortfall and seasonal receivable build heightened reliance on FHLB advances ($1.15 bn) and federal funds ($170 m). Although current ratio remains slightly above 1, negative free cash flow and concentration in short-term deposits leave limited buffer if credit losses (provision +4%) accelerate. The securitized receivable facilities are modest, but contingent liquidity hinges on asset quality and market access. Overall credit impact negative.

WEX Inc. (WEX) evidenze del Modulo 10-Q per il secondo trimestre 2025

Ricavi totali in calo del 2,1% su base annua a 659,6 milioni di dollari; ricavi del primo semestre 2025 in diminuzione del 2,3% a 1,30 miliardi di dollari.
Variazione del mix: elaborazione pagamenti -10,4% annuo, mentre servizi di conto +5,5% e commissioni finanziarie +3,3%. Il segmento Benefits 猫 cresciuto dell'8,5%, compensando parzialmente Mobility (-3,7%) e Corporate Payments (-11,8%).
搁别诲诲颈迟颈惫颈迟脿: l'utile operativo 猫 diminuito del 6,7% a 156,8 milioni di dollari (margine 23,8%), e l'utile netto 猫 sceso dell'11,6% a 68,1 milioni. L'EPS diluito 猫 aumentato dell'8,2% a 1,98 dollari grazie a una riduzione del 18% delle azioni diluite a 34,4 milioni, a seguito di un'offerta di riacquisto olandese da 750 milioni di dollari e buyback totali da 802 milioni di dollari da inizio anno.
Flusso di cassa: il flusso di cassa operativo 猫 stato negativo per 217 milioni di dollari da inizio anno (-160 milioni l'anno precedente) a causa di deflussi di capitale circolante; investimenti in capitale (capex) pari a 67 milioni.
Stato patrimoniale: la liquidit脿 e equivalenti sono aumentati a 772,6 milioni di dollari, ma il debito totale 猫 salito a 5,44 miliardi (rispetto a 4,38 miliardi a fine 2024) dopo l'emissione di Senior Notes da 550 milioni al 6,5% e prestiti Term B-3 incrementali da 449 milioni. Il patrimonio netto 猫 diminuito del 34% a 979 milioni, aumentando il rapporto debito netto/patrimonio.
尝颈辩耻颈诲颈迟脿: capacit脿 non utilizzata del revolving da 782 milioni di dollari; anticipi FHLB per 1,15 miliardi; debito cartolarizzato per 92,7 milioni.
Altri utili complessivi sono diventati positivi (73,9 milioni) grazie a guadagni su attivit脿 disponibili per la vendita e alla traduzione valutaria, portando l'utile complessivo totale a 142,0 milioni.

WEX Inc. (WEX) 2025雲� 2攵勱赴 Form 10-Q 欤检殧雮挫毄

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Points cl茅s du formulaire 10-Q du deuxi猫me trimestre 2025 de WEX Inc. (WEX)

Revenus totaux en baisse de 2,1 % en glissement annuel 脿 659,6 millions de dollars ; revenus du premier semestre 2025 en recul de 2,3 % 脿 1,30 milliard de dollars.
Changement de mix : traitement des paiements -10,4 % en glissement annuel, tandis que les services de comptes augmentent de 5,5 % et les frais financiers de 3,3 %. Le segment Benefits a progress茅 de 8,5 %, compensant partiellement Mobility (-3,7 %) et Corporate Payments (-11,8 %).
搁别苍迟补产颈濒颈迟茅 : le r茅sultat op茅rationnel a diminu茅 de 6,7 % 脿 156,8 millions de dollars (marge de 23,8 %), et le r茅sultat net a chut茅 de 11,6 % 脿 68,1 millions. Le BPA dilu茅 a augment茅 de 8,2 % 脿 1,98 dollar gr芒ce 脿 une r茅duction de 18 % du nombre d'actions dilu茅es 脿 34,4 millions suite 脿 une offre publique de rachat aux ench猫res hollandaises de 750 millions de dollars et des rachats totaux de 802 millions depuis le d茅but de l'ann茅e.
Flux de tr茅sorerie : flux de tr茅sorerie op茅rationnel n茅gatif de 217 millions de dollars depuis le d茅but de l'ann茅e (-160 millions l'an pass茅) en raison de sorties de fonds li茅es au fonds de roulement ; investissements (capex) de 67 millions.
Bilan : liquidit茅s et 茅quivalents en hausse 脿 772,6 millions de dollars, mais dette totale en hausse 脿 5,44 milliards (contre 4,38 milliards fin 2024) apr猫s 茅mission de billets seniors 脿 6,5 % pour 550 millions et pr锚ts Term B-3 suppl茅mentaires de 449 millions. Les capitaux propres ont chut茅 de 34 % 脿 979 millions, ce qui a augment茅 le ratio dette nette/capitaux propres.
尝颈辩耻颈诲颈迟茅 : capacit茅 de cr茅dit renouvelable non utilis茅e de 782 millions de dollars ; avances FHLB de 1,15 milliard ; dette titris茅e de 92,7 millions.
Autres r茅sultats globaux sont devenus positifs (73,9 millions) gr芒ce aux gains sur actifs disponibles 脿 la vente et 脿 la traduction des devises, portant le r茅sultat global total 脿 142,0 millions.

WEX Inc. (WEX) Highlights aus dem 10-Q-Bericht f眉r Q2 2025

Gesamtumsatz sank im Jahresvergleich um 2,1 % auf 659,6 Mio. USD; Umsatz im 1. Halbjahr 2025 um 2,3 % auf 1,30 Mrd. USD gesunken.
惭颈虫-脛苍诲别谤耻苍驳: Zahlungsabwicklung -10,4 % YoY, w盲hrend Kontoservice +5,5 % und Finanzgeb眉hren +3,3 % zulegten. Der Benefits-Segment wuchs um 8,5 %, was teilweise die R眉ckg盲nge bei Mobility (-3,7 %) und Corporate Payments (-11,8 %) ausglich.
笔谤辞蹿颈迟补产颈濒颈迟盲迟: Betriebsergebnis sank um 6,7 % auf 156,8 Mio. USD (Marge 23,8 %), und der Nettogewinn fiel um 11,6 % auf 68,1 Mio. USD. Das verw盲sserte EPS stieg um 8,2 % auf 1,98 USD, da die verw盲sserten Aktien nach einer 750 Mio. USD umfassenden niederl盲ndischen Auktion und 802 Mio. USD Gesamtr眉ckk盲ufen im Jahresverlauf um 18 % auf 34,4 Mio. schrumpften.
Cashflow: Operativer Cashflow lag YTD bei -217 Mio. USD (-160 Mio. USD im Vorjahr) aufgrund von Netto-Umlaufverm枚gensabfl眉ssen; Investitionen (Capex) 67 Mio. USD.
Bilanz: Zahlungsmittel und Zahlungsmittel盲quivalente stiegen auf 772,6 Mio. USD, aber die Gesamtverschuldung erh枚hte sich auf 5,44 Mrd. USD (gegen眉ber 4,38 Mrd. USD Ende 2024) nach Ausgabe von 550 Mio. USD 6,5%-Senior Notes und zus盲tzlichen Term-B-3-Darlehen in H枚he von 449 Mio. USD. Eigenkapital fiel um 34 % auf 979 Mio. USD, was die Nettoverschuldung/Eigenkapital-Ratio erh枚hte.
尝颈辩耻颈诲颈迟盲迟: Unausgesch枚pfte Revolver-Kapazit盲t von 782 Mio. USD; FHLB-Vorsch眉sse 1,15 Mrd. USD; verbriefte Verbindlichkeiten 92,7 Mio. USD.
Sonstiges Gesamtergebnis wurde positiv (73,9 Mio. USD) getrieben durch Gewinne aus als verf眉gbar zum Verkauf klassifizierten Wertpapieren und W盲hrungsumrechnung, was das Gesamtergebnis auf 142,0 Mio. USD anhob.

07/24/2025 - 11:54 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Shilling Steven R

(Last)

(First)

(Middle)

31 S 2ND ST

(Street)

CLEARFIELD

16830

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CNB FINANCIAL CORP/PA [ CCNE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP/Chief Wealth Mngt Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/14/2025		S	V	22.155⁽¹⁾	D	$23.58	4,173.748⁽²⁾	I	By 401K Plan
Common Stock								10,701	D
Depositary Shares⁽³⁾								400⁽⁴⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On January 14, 2025, the reporting person received a distribution of 22.155 shares of common stock previously beneficially owned through his 401(k) plan.

2. The amount of securities beneficially owned have been adjusted to reflect the latest 401K plan statement.

3. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.

4. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.

Remarks:

	/s/ Jessica A. Zupich, Attorney-in-Fact	07/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How did WEX (WEX) revenue perform in Q2 2025?

Revenue was $659.6 million, down 2.1% from $673.5 million in Q2 2024.

Why did diluted EPS rise even though net income fell?

A $750 million Dutch-auction tender and other buybacks reduced diluted shares 18%, lifting EPS to $1.98.

What is WEX's current debt position?

Total debt is $5.44 billion (short- and long-term) after issuing $550 million 6.5% Senior Notes and $449 million Term B-3 loans.

Which WEX segment showed growth in Q2 2025?

The Benefits segment grew 8.5% YoY to $195.1 million.

What was WEX's operating cash flow for the first half of 2025?

Operating cash flow was -$217 million, versus -$160 million in the prior year period.

How much liquidity does WEX have on its revolver?

The company had $782 million of unused borrowing capacity on the revolving credit facility at 30 June 2025.

AG真人官方

[Form 4] CNB Financial Corp/PA Insider Trading Activity

Insights

FAQ

How did WEX (WEX) revenue perform in Q2 2025?

Why did diluted EPS rise even though net income fell?

What is WEX's current debt position?

Which WEX segment showed growth in Q2 2025?

What was WEX's operating cash flow for the first half of 2025?

How much liquidity does WEX have on its revolver?

NASDAQ:CCNE

CCNE Rankings

CCNE Latest News

CCNE Latest SEC Filings

CCNE Stock Data

AG真人官方

Trending News

[Form 4] CNB Financial Corp/PA Insider Trading Activity

Insights

Equity Research Analyst neutral

Credit & Risk Analyst negative

FAQ

How did WEX (WEX) revenue perform in Q2 2025?

Why did diluted EPS rise even though net income fell?

What is WEX's current debt position?

Which WEX segment showed growth in Q2 2025?

What was WEX's operating cash flow for the first half of 2025?

How much liquidity does WEX have on its revolver?

NASDAQ:CCNE

CCNE Rankings

CCNE Latest News

CCNE Latest SEC Filings

CCNE Stock Data