The Eastern pany(EML)

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Eastern Bankshares, Inc. And HarborOne Bancorp, Inc. Announce Regulatory Approvals Received To Merge
Businesswire· 2025-09-26 20:40
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. ("Eastern†) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. ("HarborOne†) (NASDAQ: HONE), the holding company for HarborOne Bank, today jointly announced they have received all the necessary regulatory approvals to complete their proposed merger (the "Merger†), which was previously announced on April 24, 2025. Eastern and HarborOne expect the Merger to close on or about Nove. ...
Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Announce Mailing of Stock/Cash Election Form
Businesswire· 2025-09-25 16:29
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. ("Eastern†) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. ("HarborOne†) (NASDAQ: HONE), the holding company for HarborOne Bank, today jointly announced that Eastern has caused the election form and letter of transmittal (together with the related instructions, the "Election Materials†) to be distributed to holders of HarborOne common stock so HarborOne shareholders may ele. ...
Provenance Gold Mobilizes Second Drill Rig to Its Eldorado Project in Eastern Oregon
Newsfile· 2025-09-25 12:00
Provenance Gold Mobilizes Second Drill Rig to Its Eldorado Project in Eastern OregonSeptember 25, 2025 8:00 AM EDT | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce the mobilization of a diamond core rig to the Eldorado Project in Eastern Oregon. The core from the newly permitted drill sites will provide valuable insights to understand key geo ...
Applied Digital Sets Fiscal First Quarter 2026 Conference Call for Thursday, October 9, 2025, at 5:00 p.m. Eastern Time
Globenewswire· 2025-09-24 12:00
DALLAS, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocations services for artificial intelligence, cloud, networking and blockchain workloads, will host a conference call on Thursday, October 9, 2025, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal first quarter ended August 31, 2025. A press release ...
EON Resources Inc. Announces Special Conference Call Tuesday, September 30, 2025, at 2:30 pm Eastern Time To Discuss $45.5 million of Funding and the Farmout Agreement
Accessnewswire· 2025-09-24 10:00
HOUSTON, TX / ACCESS Newswire / September 24, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. ...
Eastern Bank Announces LOUD Security Systems As A Commercial Banking Customer
Businesswire· 2025-09-18 15:30
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce LOUD Security Systems, Inc., a leading provider of security, fire, access control and video systems for residential, commercial and government customers, as a new commercial banking customer. Founded in 1995 and headquartered in Kennesaw, Georgia, LOUD serves nearly 13,000 customers across metro Atlanta and 20 states, providing sales, installation, service and monitoring of security systems such as intrusion and fire alarm, access con. ...
Standard Uranium Executes Letter of Intent to Option Rocas Uranium Project in Eastern Athabasca Basin
Newsfile· 2025-09-18 12:00
Standard Uranium Executes Letter of Intent to Option Rocas Uranium Project in Eastern Athabasca BasinSeptember 18, 2025 8:00 AM EDT | Source: Standard Uranium Ltd.Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce that it has signed a letter of intent (the "LOI"), dated September 15, 2025, with Collective Metals Inc. (CSE: COMT) (the "Optionee"), an arms- ...
Blackrock Silver Receives 4.24 Million Dollars from Warrant Exercises and Upsizes Eastern Resource Expansion Drill Program at Tonopah West
Newsfile· 2025-09-04 10:00
Core Points - Blackrock Silver Corp. has received C$4.24 million from the exercise of 9,830,880 common share purchase warrants since July 8, 2025, enhancing its financial position for project development [1][4] - The total number of common shares outstanding is now 325,490,026, following the warrant exercises [2] - The company has expanded its Eastern Resource Expansion drill program at the Tonopah West project by adding 7 drillholes, bringing the total to 22 drillholes and up to 7,000 meters of drilling [3][4] Financial Position - The C$4.24 million received from warrant exercises has strengthened the company's treasury, allowing for aggressive advancement of the Tonopah West project [4] - The company aims to upgrade a portion of the DPB-South inferred resources to higher confidence categories, with an updated mineral resource estimate expected in early September 2025 [4] Project Development - Drilling for the Eastern Resource Expansion program is progressing rapidly, with 19 out of 22 holes completed and assay results pending [3][4] - A further resource update focused on extending mine life is scheduled for Q1 2026 [4] Company Overview - Blackrock Silver Corp. is a junior precious metal exploration and development company, focused on its 100% controlled Nevada properties, which feature low-sulphidation, epithermal gold and silver mineralization [6]
Exploits Discovery eyes resource expansion with high-grade gold projects in Eastern Canada
Proactiveinvestors NA· 2025-08-29 18:22
Core Viewpoint - The gold exploration sector is currently favorable, especially for projects in safe jurisdictions, despite inherent challenges in exploration [1] Company Overview - Exploits Discovery Corp is positioned for success with a focus on well-known mining districts in Eastern Canada and has established a historical resource base of nearly 700,000 ounces in under two months [2][4] - The company aims to build itself into a premier gold exploration entity, emphasizing sustained growth and long-term shareholder value [5] Project Highlights - The Hawkins Gold Project in Ontario has a historic inferred resource of approximately 328,000 ounces at 1.65 grams per tonne gold, with mineralization open along strike and at depth [6] - In Québec, the Benoist project has indicated resources of around 134,400 ounces at 2.87 grams per tonne gold and inferred resources of 107,000 ounces at 2.3 grams per tonne [8] - The Fenton project features a non-compliant historical estimate of 426,173 tonnes grading 4.66 grams per tonne gold, with standout results showing 356 grams per tonne gold [10] - In Newfoundland, the company has secured claims along the Appleton Fault Zone and Dog Bay Line, with high-grade assays identified, including 38.2 grams per tonne gold and 67.55 grams per tonne gold [11][12] Future Plans - The company is advancing permitting, prospecting, and geophysical surveys across its properties, with plans to deliver drilling results later in the summer or early autumn [13] - There is an evaluation of joint ventures for non-core assets to focus on high-grade opportunities [14] Competitive Advantages - Exploits Discovery differentiates itself through scale, location, financial flexibility, and upside potential, with a combined historical resource base of approximately 680,000 ounces across four projects [15] - The company is trading at around $6 per ounce of gold in the ground, significantly lower than peers trading between $40 and $50 per ounce, indicating potential for re-rating catalysts [16] Leadership and Backing - The company has a notable backer in Eric Sprott, who owns 14% of shares, signaling confidence in the team and strategy [18] - The leadership team has extensive experience in the mining sector, with backgrounds in major companies and diverse geographical project experience [19][20] Long-term Outlook - The long-term focus is on growing ounces, improving grades, and pursuing new acquisitions and discoveries [21][22]
The Eastern pany(EML) - 2025 H2 - Earnings Call Transcript
2025-08-27 00:02
Financial Data and Key Metrics Changes - Revenue for FY 2025 increased by 9% to $220.9 million, with customer revenue (excluding interest income) up 3% to $157 million [7][8] - Underlying EBITDA rose by 13% to $58.6 million, aligning with the upper end of guidance [19][21] - Statutory loss after tax for continuing operations was $53 million, impacted by nonrecurring items including a class action settlement [21][8] - Cash balance improved by 46% year-on-year to $59.3 million [8][40] Business Line Data and Key Metrics Changes - European segment revenue increased by 18% to $128.6 million, driven by a 6% uplift in customer revenue and a 40% increase in interest revenue [22][23] - Asia Pacific segment saw customer revenue grow by 2%, with active benefit accounts in the Human Capital Management vertical increasing by 6% [25][27] - North American segment revenue decreased by 3%, attributed to lower breakage and soft incentive product performance, despite a 10% growth in GDV [30][31] Market Data and Key Metrics Changes - GDV in Europe rose by 7% to $6.1 billion, reflecting a return to growth post-restrictions [22] - North American GDV grew by 10%, primarily due to increased volume for Vans products [31] - Customer store balances increased from $2.1 billion to $2.35 billion, with most growth coming from Europe [36] Company Strategy and Development Direction - The company is focused on the AML 2.0 transformation strategy, aiming for sustainable double-digit growth over the long term [9][14] - Project Arlo is a key initiative to create a single global platform, enhancing operational efficiency and customer responsiveness [45][46] - The company plans to grow its pipeline to over $90 million by December 2025, with a focus on new product solutions and improved customer engagement [43][47] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the transformation agenda and the ability to drive growth despite challenges [15][41] - The outlook for FY 2026 anticipates underlying EBITDA in the range of $58 million to $63 million, factoring in new business growth and historical client terminations [42] - Management highlighted the importance of Project Gallo for future efficiency and growth aspirations [45] Other Important Information - The company has settled the Shine class action provisionally, which is expected to positively impact future financials [6] - A yield lock program has been structured with Citigroup to provide income certainty through a forecast down cycle [5] Q&A Session Summary Question: Thoughts on demand from different regions heading into FY 2026 - Management noted seasonality in Australia and consistent growth in government programs in Europe, with new client additions contributing to GDV [49][50] Question: Factors affecting guidance range for FY 2026 - Key factors include winning clients from the pipeline and the speed of onboarding, with a focus on operational efficiencies and reinvestment in sales [53][54] Question: Market growth rates in main verticals - Management indicated that the markets are running at CAGRs of 10% to 12%, with expectations to reach that level of growth by 2028 [59][60] Question: Clarification on top line growth and conversion dynamics - Management stated that conversion dynamics will be clearer by the end of the year, with faster-than-expected conversion rates observed [89][90] Question: Exclusion of Project Arlo costs from underlying EBITDA - Management clarified that Project Arlo is a significant one-time investment, hence its exclusion from underlying EBITDA [93][94]