What is the meaning of 2 Thessalonians 1:3?

* The two F.O.G. Bibles & Commentary below are currently a work in progress.

We are obligated to thank God for you all the time, brothers, as is fitting, because your faith is growing more and more, and your love for one another is increasing.

Berean Standard Bible (BSB)

We are bound to always give thanks to God for you, brothers, even as it is appropriate, because your faith grows exceedingly, and the love of each and every one of you towards one another abounds;

World English Bible (WEB)

We are bound{G3784}{(G5719)} to thank{G2168}{(G5721)} God{G2316} always{G3842} for{G4012} you{G5216}, brethren{G80}, as{G2531} it is{G2076}{(G5748)} meet{G514}, because{G3754} that your{G5216} faith{G4102} groweth exceedingly{G5232}{(G5719)}, and{G2532} the charity{G26} of every{G1538} one{G1520} of you{G5216} all{G3956} toward{G1519} each other{G240} aboundeth{G4121}{(G5719)};

Strong's King James

(3) We're obligated, to always be grateful to יהוה YAHWEH concerning you, as is worthy, because your believing faith is flourishing! And the true love of each one, everyone of you, towards one another multiplies.

The F.O.G*

[3] We feel compelled to thank God for you constantly, beloved family! It's absolutely right to do so, because your faith is growing exponentially, and the love each of you has for one another is expanding like a flowing river—far beyond what we could have hoped!

The F.O.G Paraphrase

We ought to give thanks to God always for you, brethren, as it is meet, because increase greatly doth your faith, and abound doth the love of each one of you all, to one another;

Young's Literal Translation