News
Important Only
Financial Institutions Q4 net income recovers to $20 mln from last year's loss
OverviewU.S. financial holding company's Q4 net income reached $20 mln, recovering from last year's lossNet interest income hit a quarterly record of $52.2 mlnCompany completed $80 mln subordinated notes issuance and repurchased 336,869 sharesOutlookFinancial Institutions focuses on prudent ...Reuters
Thu, Jan 29
Farmers and Merchants Bank Q4 net income rises
OverviewMaryland bank's Q4 net income rose significantly yr/yrNet interest income for Q4 increased yr/yrCompany achieved 35% increase in annual net incomeOutlookCompany did not provide specific guidance for future quarters or the full year in its press releaseResult DriversLOAN PORTFOLIO GROWTH ...Reuters
Thu, Jan 29
Schneider National Q4 revenue misses estimates, partly hurt by rise in costs
OverviewTransportation services firm's Q4 revenue and adjusted EPS missed analyst expectationsCompany's Q4 results impacted by softer market conditions and increased costsCompany provided 2026 guidance with adjusted EPS of $0.70 - $1.00OutlookSchneider National expects full-year 2026 adjuste...Reuters
Thu, Jan 29
Dry fruit products maker John B Sanfilippo posts rise Q2 sales and EPS
OverviewNut processor's fiscal Q2 net sales rose 4.6% despite a decline in sales volumeDiluted EPS increased 31.9% to $1.53 per shareCompany attributes performance to strategic pricing and operational efficienciesOutlookCompany expects reduced tariffs on imported nuts to support future demandCom...Reuters
Thu, Jan 29
PCB Bancorp's Q4 net income rises
OverviewCalifornia bank's Q4 net income rises yr/yr to $9.1 mlnCompany's net interest margin steady at 3.28% despite deposit rate challengesQ4 deposits fall due to reduced brokered and retail depositsOutlookCompany sees strong loan pipeline heading into 2026Company maintains net interest mar...Reuters
Thu, Jan 29
LPL Financial Q4 adjusted EPS beats estimates
OverviewWealth management firm's Q4 adjusted EPS rose 23%, beating analyst expectationsTotal advisory and brokerage assets increased 36% yr/yr to $2.4 trillionCompany completed onboarding and integration of Atria, boosting platform strengthOutlookLPL Financial plans 2026 core G&A expenses of...Reuters
Thu, Jan 29
TFS Financial Q1 net income falls
OverviewSavings and mortgage provider's Q1 net income decreased compared to the previous quarterNet interest income increased year-over-year, driven by higher balances and yieldsCompany maintained a strong Tier 1 capital ratio of 10.75%OutlookCompany did not provide specific guidance for future ...Reuters
Thu, Jan 29
Cavco Q3 revenue up 11.3%, but misses estimates
OverviewFactory-built housing maker's fiscal Q3 revenue rose 11.3% yr/yr but missed analysts' expectationsNet income per diluted share fell 19.1% yr/yrCompany completed acquisition of American Homestar, contributing $42 mln to net revenueOutlookCavco anticipates positive impact from American...Reuters
Thu, Jan 29
Sandisk Q2 revenue up 61%, beats expectations on data center strength
OverviewFlash memory maker's fiscal Q2 revenue rose 61% yr/yr, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsOutlookSandisk expects third-quarter revenue between $4.40 bln and $4.80 blnCompany anticipates Q3 Non-GAAP diluted EPS between $12.00 and $14.00Sandisk ...Reuters
Thu, Jan 29
Olin Q4 Adjusted EBITDA misses estimates
OverviewChemical and ammunition maker's Q4 revenue beat analyst expectationsAdjusted EBITDA for Q4 missed analyst expectationsCompany reported Q4 net loss of $85.7 mln due to market headwinds and disruptionsOutlookOlin expects Q1 2026 adjusted EBITDA to be lower than Q4 2025Winchester segment Q1...Reuters
Thu, Jan 29
GSI Technology Q3 revenue rises, helped by demand for SRAM solutions
OverviewAI technology firm's fiscal Q3 revenue increased 12% yr/yrCompany reported a fiscal Q3 net loss of $3.0 mlnCompany had announced POC with G2 Tech and government agencies, expecting $1 mln fundingOutlookCompany expects fiscal fourth-quarter net revenues between $5.7 mln and $6.5 mlnGSI Te...Reuters
Thu, Jan 29
First Business Financial Q4 net income declines
OverviewBusiness banking firm reported Q4 net income decline compared to previous quarter and yearCompany announced 17% increase in quarterly cash dividend, 14th consecutive annual raiseRevenue growth driven by loan and deposit expansion, despite increased non-performing loansOutlookCompany targets ...Reuters
Thu, Jan 29
Axos Financial beats Q2 profit estimates
OverviewBanking firm's fiscal Q2 adjusted EPS beat analysts' expectationsNet interest income rose 18.4% yr/yrNon-interest income surged 92% yr/yr, boosted by Verdant acquisitionOutlookCompany did not provide specific guidance for future quarters or the full yearResult DriversNET INTEREST INC...Reuters
Thu, Jan 29
First Internet Bancorp's Q4 revenue rises
OverviewDigital bank's Q4 adjusted revenue grew 21% yr/yr, driven by net interest income increaseNet income for Q4 was $5.3 mln, with adjusted EPS of $0.64OutlookCompany expects 2026 loan growth of 15% to 17% driven by strong pipelinesFirst Internet Bancorp projects 2026 FTE net interest margin ...Reuters
Thu, Jan 29
Charles Schwab Corporation Announces Executive Transitions
Charles Schwab Corp SCHW.N:CHARLES SCHWAB CORPORATION ANNOUNCES EXECUTIVE TRANSITIONSCHARLES SCHWAB CORP: PAUL WOOLWAY, CEO OF CHARLES SCHWAB BANK, WILL RETIRE ON JULY 1CHARLES SCHWAB CORP - TYLER WOULFE TO BECOME CEO OF CHARLES SCHWAB BANKReuters
Thu, Jan 29
Deckers Q3 revenue beats expectations, helped by strong global demand for UGG and HOKA brands
OverviewFootwear and apparel firm's fiscal Q3 revenue rose 7%, beating analyst expectationsDiluted EPS for fiscal Q3 increased 11% to a record $3.33Company expects FY 2026 share repurchases to exceed $1 blnOutlookDeckers raises FY 2026 HOKA revenue guidance to mid-teens percent increaseDeckers r...Reuters
Thu, Jan 29
EXCLUSIVE-Pentagon clashes with Anthropic over military AI use
By Deepa Seetharaman, David Jeans and Jeffrey DastinWASHINGTON/SAN FRANCISCO, Jan 29 (Reuters) - The Pentagon and artificial-intelligence developer Anthropic are at odds over potentially eliminating safeguards that might allow the government to use its technology to target weapons autonomously and c...Reuters
Thu, Jan 29
Hartford Insurance beats Q4 core EPS estimates
OverviewInsurance provider's Q4 core EPS beat analyst expectations, driven by strong premium growthQ4 adjusted net income beat estimates, reflecting favorable prior year developmentCompany returned $546 mln to shareholders in Q4 through buybacks and dividendsOutlookCompany enters 2026 with momen...Reuters
Thu, Jan 29
