BHG Financial Had a Strong Second Quarter

BHG Financial had loan originations of $1.5B in the 2nd quarter of 2025, up from 1.2B YoY. The company is 49% owned by Pinnacle Bank.

The company’s trending 30-day commercial past-due rate has been hovering at around 4% since the same time last year while past-due rates on their consumer loans have been in a consistent decline since Summer 2023.

During the Q2 earnings call, Pinnacle CFO Harold Carpenter, said that both production and credit growth have been good this year.

“I think credit has really been the bigger surprise for the year,” said Carpenter, “and we feel like that it looks like it’s pivoted and hopefully, it will continue to pivot.”

BHG primarily serves as a full-service commercial loan provider to healthcare providers and other skilled professionals for business purposes but also makes consumer loans for various purposes.