News
Important Only
USCB Financial Holdings Q4 net income falls
OverviewCommunity bank's Q4 net income fell due to portfolio restructuring and tax liabilitiesOperating EPS for Q4 was consistent with the prior quarterNet interest income rose 14.7% yr/yr in Q4OutlookUSCB aims for enhanced profitability in 2026 through portfolio restructuringUSCB focuses on bal...Reuters
Thu, Jan 22
Sachem Capital Corp Enters Amendment No. 2 To Credit Agreement
Jan 22 (Reuters) - Sachem Capital Corp SACH.A:SACHEM CAPITAL CORP - ENTERS AMENDMENT NO. 2 TO CREDIT AGREEMENT - SEC FILINGSACHEM CAPITAL CORP - AMENDMENT EXTENDS NEEDHAM CREDIT FACILITY MATURITY TO MARCH 2, 2028 - SEC FILINGSACHEM CAPITAL CORP - PROVIDES ADDITIONAL CONDITIONAL EXTENSION TO MARCH 2,...Reuters
Thu, Jan 22
United Bancshares' Q4 net income rises
OverviewUnited Bancshares' Q4 net income rose slightly yr/yr to $3.1 mlnNet interest margin for Q4 increased to 4.03% from 3.39% yr/yrLoan growth of $58.1 mln, up 7.58% from December 31, 2024OutlookUnited Bancshares plans to launch new digital platform in Q2 2026Company expects no cost increase ...Reuters
Thu, Jan 22
National Bankshares Q4 net income up nearly 91% yr/yr
OverviewU.S. community bank's Q4 net income rose nearly 91% yr/yrHigher loan yields and lower deposit costs improved net interest marginCompany expanded with new branches in Roanoke and LynchburgOutlookNational Bankshares aims to enhance customer experience with core systems conversionResult Dri...Reuters
Thu, Jan 22
EXCLUSIVE-Amazon plans thousands more corporate job cuts next week, sources say
By Greg Bensinger SAN FRANCISCO, Jan 22 (Reuters) - Amazon AMZN.O is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.The company in October cut some 14,000 white collar jobs, abou...Reuters
Thu, Jan 22
Glacier Bancorp Q4 net income rises
OverviewRegional bank's Q4 net income rose 3% yr/yrNet interest income for Q4 increased 18% from prior quarterCompany completed acquisition of Guaranty Bancshares, entering Texas marketOutlookGlacier Bancorp did not provide specific financial guidance for 2026Result DriversNET INTEREST INCOME - ...Reuters
Thu, Jan 22
OP Bancorp Q4 net income rises
OverviewCalifornia bank's Q4 net income rose 5% sequentially, driven by higher net interest incomeProvision for credit losses decreased 61%, reflecting a more favorable economic outlookCompany's noninterest income fell 17% due to lower gains on loan sales and service chargesOutlookCompany di...Reuters
Thu, Jan 22
BayCom Q4 net income rises 12%
OverviewBank holding company's Q4 net income rose 12% yr/yrNet interest income for Q4 increased by $1.6 mln from the prior quarterCompany repurchased 29,111 shares at $27.75 each during Q4OutlookBayCom expects continued demand for lending and stable credit quality in 2026BayCom remains committed...Reuters
Thu, Jan 22
First Western Financial's Q4 net income rises to $3.3 mln
OverviewUS financial services firm's Q4 net income rose to $3.3 mln from $3.2 mln in Q3Net interest income increased 5.6% qtr/qtr to $20.6 mlnCompany's net interest margin rose to 2.71% from 2.54% in Q3OutlookCompany expects solid loan growth and improved financial performance in 2026First W...Reuters
Thu, Jan 22
Cathay General Bancorp Q4 net income rises
OverviewBank holding company's Q4 net income rose 16.5% from Q3Net interest margin increased to 3.36% in Q4Company repurchased shares worth $51.9 mln in Q4OutlookCompany did not provide specific guidance for future quartersResult DriversNET INTEREST INCOME - Increase driven by lower interest dep...Reuters
Thu, Jan 22
Tunisia sentences two prominent journalists to 3-1/2 years in prison
By Tarek AmaraTUNIS, Jan 22 (Reuters) - A Tunisian court on Thursday convicted and sentenced two prominent journalists to 3-1/2 years in prison on tax evasion charges, which a family member said was retaliation for their reporting. The two journalists, Bohran Bssaies and Mourad Zghidi, worked for lo...Reuters
Thu, Jan 22
Motor racing-Mercedes run new car at Silverstone, announce Microsoft deal
Mercedes debuts 2026 F1 car at Silverstone filming dayRussell and Antonelli both droveTeam also announced Microsoft dealF1 Academy champion Pin takes a development role LONDON, Jan 22 (Reuters) - Race drivers George Russell and Kimi Antonelli gave the 2026 Mercedes Formula One car its track debut...Reuters
Thu, Jan 22
Former US prosecutor Smith says Trump 'willfully broke' laws in bid to keep power
Smith testified before Republican-led House panelProsecutor told lawmakers Trump willfully broke lawsRepublicans painted probe as politically biasedBy Andrew Goudsward and Nolan D. McCaskill WASHINGTON, Jan 22 (Reuters) - Former U.S. Special Counsel Jack Smith, who unsuccessfully prosecuted Presi...Reuters
Thu, Jan 22
US urges nations to repatriate their citizens from Iraqi facilities with ISIS members
By Kanishka Singh WASHINGTON, Jan 22 (Reuters) - U.S. Secretary of State Marco Rubio said on Thursday that Washington welcomed Iraq's initiative to detain Islamic State members in secure facilities in Iraq while also urging nations to repatriate their citizens in these facilities "to ...Reuters
Thu, Jan 22
Pinnacle Bancshares Q4 net income rises 7.7%
OverviewAlabama bank's Q4 net income rose 7.7% yr/yr, with EPS increasing to $1.24 from $1.15Company's Q4 net interest margin improved to 3.27% from 3.17%Company's total deposits increased by 4.2% yr/yrOutlookCompany did not provide specific guidance for future financial performanceResul...Reuters
Thu, Jan 22
THE DAY AHEAD-North America, January 23
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email,please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a prev...Reuters
Thu, Jan 22
Independent Bank Corp Q4 adj EPS beats estimates, helped by rise in non-interest margin
OverviewMassachusetts-based bank's Q4 adjusted EPS beat analyst expectationsNet income for Q4 rose significantly compared to the previous quarterCompany repurchased 548,000 shares for $37.5 mln during Q4OutlookCompany did not provide specific guidance for future quarters or full year in press re...Reuters
Thu, Jan 22
Eastern Bankshares beats Q4 profit estimates
OverviewBank's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 3.1 mln shares for $55.4 mlnOutlookEastern Bank is focused on merger integration and achieving cost savingsResult DriversMERGER IMPACT - The merger with HarborOne added $4.5 bln in...Reuters
Thu, Jan 22
