Productivity initiatives drive further margin improvementOn track to meet adjusted operating ratio targets for second half and full year 2024ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday its third quarter 2024 financial results. For the quarter, income from railway operations was $1.6 billion, the operating ratio was 47.7%, and diluted earnings per share were $4.85. After adjusting the results to exclude the impact of railway line sales, the Eastern Ohio i ...

GREENVILLE, S.C., Oct. 22, 2024 /PRNewswire/ -- Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three-month period ended September 30, 2024."Our third quarter results continued our positive momentum and outlook this year. Our focus on building a high-quality balance sheet again rewarded us with outstanding asset quality performance, which is among the industry's best. We are well-positioned for increasing profitability in ...

Tentative agreement comes in advance of the next collective bargaining round, delivering significant future enhancements to pay, health care, and vacation.ATLANTA, Oct. 21, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW). The most recent agreement pushes the coverage of the union workforce under early tentative deals to approximately 67%.The ...

Funding focused on innovative approaches to expanding transmission capacity and adding resiliency as company works to meet the energy needs of a growing GeorgiaATLANTA, Oct. 21, 2024 /PRNewswire/ -- Georgia Power, the state's largest electric utility serving 2.7 million customers, has been awarded more than $160 million in funding by the Department of Energy (DOE) through its Grid Deployment Office. As Georgia continues to grow, the company is ensuring that customers have access to clean, safe, reliable, an ...

Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted shareCore net income(1) of $8.7 million, or $0.89 per diluted share(1)Core pretax pre-provision net income(1) of $13.8 millionNet interest income of $24.2 million, an increase of $2.7 million from the prior quarterNet interest margin (“NIM”) of 3.65%, up 9 basis points from the prior quarterNIM of 3.66% on a fully-taxable equivalent basis (“NIM - FTE”)(1)Return on average assets (“ROAA”) of 1.05%; retu ...

The latest trading session saw Southern Co. (SO) ending at $93.24, denoting a +0.58% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.4% for the day. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.63%. Shares of the power company witnessed a gain of 4.32% over the previous month, beating the performance of the Utilities sector with its loss of 1.25% and the S&P 500's gain of 3.76%. Market participants will be closely following the finan ...

Core Insights - The Nicor Gas Energy Efficiency Program's Community Connection Center (C3) has won the 2024 E Source Achievement in Residential Customer Experience Award, recognizing its unique approach to customer service in energy efficiency and assistance [1][2] Group 1: C3 Program Overview - C3 was launched in 2022 to provide income-eligible customers with energy efficiency and bill payment assistance, as well as support for basic needs [1][2] - The program has facilitated over $18.5 million in energy assistance grants for Nicor Gas customers since its inception [2] - More than 4,500 customers have received free energy efficiency services, and over 5,000 families have been provided with free groceries through the program [2] Group 2: Community Impact - In Illinois, approximately 1.5 million people live at or below the poverty level, representing over 12% of the state's population, highlighting the need for programs like C3 [2] - C3 aims to help customers manage their energy usage, bills, and access critical services such as housing and food [2] Group 3: Company Background - Nicor Gas is one of four natural gas distribution companies under Southern Company Gas, serving over 2.3 million customers in northern Illinois [4] - Southern Company Gas serves approximately 4.4 million natural gas utility customers across four states and engages in various nonutility businesses, including investments in interstate pipelines and natural gas storage [5]

Enrollment in latest customer assistance initiative open through November 30 ATLANTA, Oct. 17, 2024 /PRNewswire/ -- Georgia Power announced today its latest initiative to support customers as Georgia continues to recover and rebuild following Hurricane Helene – flexible Installment Payment Plans that allow customers to pay their current account balance over multiple months. The company previously announced efforts to extend and expand customer assistance options following the historic hurricane, with discon ...

SPRINGFIELD, Mo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended September 30, 2024, were $1.41 per diluted common share ($16.5 million net income) compared to $1.33 per diluted common share ($15.9 million net income) for the three months ended September 30, 2023. Preliminary earnings for the nine months ended September 30, 2024, were $3.99 per diluted common share ...

Norfolk Southern Corporation (NSC) is scheduled to report third-quarter 2024 results on Oct. 22, before market open. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company has a disappointing earnings surprise history, having lagged the Zacks Consensus Estimate in three of the preceding four quarters (surpassed once), the average miss being 0.45%. Let's see how things have shaped up for NSC this earnings season. NSC's Q3 Expectations The Zacks Consensus Estimate for NSC'sthird ...