News
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US vaccine changes lead some parents to question other newborn care
More parents resist routine newborn care amid vaccine skepticismSocial media fuels confusion and mistrust among parentsDoctors emphasize importance of newborn treatments and vaccinationsBy Deena Beasley and Julie Steenhuysen Jan 29 (Reuters) - U.S. Health Secretary Robert F. Kennedy Jr.'s rem...Reuters
Thu, Jan 29
Pathfinder Bancorp reports Q4 net loss on credit provision
OverviewU.S. bank holding company reported Q4 net loss of $7.0 mln due to credit loss provisionCompany's Q4 net interest income decreased from previous quarterNoninterest income impacted by $398,000 adjustment for loans held-for-saleOutlookPathfinder expects more consistent earnings in 2026 due ...Reuters
Thu, Jan 29
Selective Insurance's Q4 adjusted EPS beats estimates, premiums up 4%
OverviewInsurance provider's Q4 adjusted EPS of $2.57 beat analyst expectationsNet premiums written increased 4% yr/yr, driven by renewal price increasesCombined ratio improved to 93.8% from 98.5% a year agoOutlookSelective Insurance expects a GAAP combined ratio of 96.5% to 97.5% for 2026Compan...Reuters
Thu, Jan 29
Mortgage REIT PennyMac reports Q4 net income of $41.9 mln
OverviewMortgage REIT's Q4 net income was $41.9 mln, driven by credit and interest rate strategiesCompany acquired $5.5 bln in loans, up 18% from prior qtrCompany raised $150 mln through exchangeable senior notesOutlookCompany expects to acquire all non-Agency eligible correspondent production i...Reuters
Thu, Jan 29
Avidbank swings to Q4 net income
OverviewCalifornia bank's Q4 net income recovered from previous quarter's lossNet interest margin expanded to 4.13% in Q4 2025Company's Q4 non-performing assets increased due to loan downgradesOutlookCompany expresses confidence in asset quality and loan portfolio strengthCompany sees si...Reuters
Thu, Jan 29
LCNB Q4 income falls
OverviewOhio financial firm's Q4 net income fell yr/yr; full-year net income rose significantlyTangible book value per share increased 13.6% yr/yr to $12.45OutlookLCNB focuses on disciplined growth and stable asset quality for 2026Result DriversTANGIBLE BOOK VALUE - Increased 13.6% yr/yr due to ...Reuters
Thu, Jan 29
Eastman Chemical Q4 sales fall on lower volumes
OverviewSpecialty materials firm's Q4 sales revenue fell 12% yr/yr due to lower volumes and pricesAdjusted EBIT for Q4 decreased, impacted by lower sales volume and unfavorable price-costCompany returned $500 mln to shareholders through dividends and buybacks in 2025OutlookEastman expects first-...Reuters
Thu, Jan 29
PennyMac Financial Services misses Q4 revenue estimates
OverviewU.S. mortgage lender's Q4 revenue missed analyst expectationsAdjusted pretax profit for Q4 missed analyst estimatesCompany's loan production and servicing portfolio grew significantly year-over-yearOutlookPennyMac expects PMT to acquire 15-25% of conventional conforming correspondent...Reuters
Thu, Jan 29
SB Financial Q4 net income rises 7.8%, noninterest income falls
OverviewDiversified financial services firm's Q4 net income rose 7.8% yr/yrNet interest income for Q4 increased 16.7% yr/yrCompany's Q4 noninterest income fell 18.6% due to lower fee-based incomeOutlookCompany remains focused on prudent organic growth and expense managementCompany emphasizes...Reuters
Thu, Jan 29
Federated Hermes Q4 revenue beats expectations
OverviewInvestment manager's Q4 revenue beat analyst expectations, driven by higher money market assetsQ4 EPS rose to $1.39 from $1.04 last yearCompany repurchased 1.57 mln shares for $78.7 mln in Q4OutlookCompany did not provide specific future guidance in the press releaseResult DriversMONEY M...Reuters
Thu, Jan 29
Beazer's Q1 homebuilding revenue falls due to lower home closings
OverviewHomebuilder's Q1 homebuilding revenue fell 21.9% yr/yr due to lower home closingsAdjusted EBITDA for Q1 missed analyst expectationsCompany repurchased $15.1 mln of its outstanding common stockOutlookBeazer Homes expects margin improvements through cost reductions and favorable mix impact...Reuters
Thu, Jan 29
Eastman Chemical misses Q4 revenue estimates
OverviewSpecialty materials firm's Q4 revenue fell, missing analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany returned $500 mln to shareholders via dividends and share repurchasesOutlookEastman expects 1Q26 adjusted EPS between $1.00 and $1.20Company plans cost structure r...Reuters
Thu, Jan 29
Soccer-US treating friendlies like World Cup matches as tournament nears - Pochettino
NEW YORK, Jan 29 (Reuters) - The United States will treat their upcoming friendlies like World Cup matches, coach Mauricio Pochettino said on Thursday, aiming to set the right tone before playing in front of home fans at the four-yearly tournament.The United States, who are co-hosting the World Cup ...Reuters
Thu, Jan 29
Seacoast Banking Q4 revenue beats estimates
OverviewFlorida community bank's Q4 revenue beat analyst expectations, adjusted EPS missed estimatesCompany completed acquisition of Villages Bancorporation, adding $4.4 bln in assetsNet interest income rose 31% qtr/qtr, driven by loan and securities balances growthOutlookSeacoast expects enhanc...Reuters
Thu, Jan 29
Dolby Q1 revenue beats expectations, helped by strong momentum in Dolby Atmos and Dolby Vision technologies
OverviewAudio technology firm's fiscal Q1 revenue fell yr/yr but beat analyst expectationsAdjusted EPS for fiscal Q1 beat analyst expectationsCompany repurchased approximately 1 mln shares for $70 mlnOutlookDolby estimates Q2 revenue between $375 mln and $405 mlnCompany expects full-year revenue...Reuters
Thu, Jan 29
DXC Technology Q3 revenue slightly beats expectations
OverviewEnterprise tech firm's Q3 revenue slightly beat analyst expectationsAdjusted EPS for Q3 beat analyst expectationsCompany repurchased $65 mln of shares and redeemed $300 mln of senior notesOutlookDXC expects Q4 revenue between $3.16 bln and $3.19 bln, down 5.0% to 4.0% YoYCompany forecast...Reuters
Thu, Jan 29
Invesco Mortgage Capital's Q4 net income per share falls
OverviewReal estate investment trust's Q4 net income per share decreased from Q3 2025Book value per common share increased to $8.72, reflecting improved conditionsCompany declared a higher dividend of $0.36 per share, up from $0.34OutlookInvesco Mortgage Capital sees balanced near-term risks fol...Reuters
Thu, Jan 29
FinWise Bancorp Q4 net interest income rises
OverviewUtah bank's Q4 loan originations totaled $1.6 bln, up from prior yearNet income for Q4 was $3.9 mln, up from prior yearNet interest income rose to $24.6 mln, driven by credit enhanced balancesOutlookCompany expects continued long-term value delivery for shareholdersFinWise anticipates ef...Reuters
Thu, Jan 29
