I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...

Core Viewpoint - First Pacific Bancorp reported strong financial results for the fourth quarter and the full year of 2024, achieving seven consecutive quarters of profitability and demonstrating a solid capital and liquidity position [1][5]. Financial Performance - For Q4 2024, the company achieved a pre-tax, pre-provision profit of $702 thousand, an increase from $345 thousand in Q3 2024. Net income for Q4 2024 was $500 thousand, up from $249 thousand in Q3 2024 [3]. - For the full year 2024, net income was reported at $1.1 million, a significant recovery from a net loss of $164 thousand in 2023 [3][15]. Asset Quality - The company maintained excellent asset quality with minimal non-performing assets. The allowance for credit losses stood at 1.15% of total loans, with no provision for credit losses recognized in 2024, compared to $906 thousand in 2023 [4][18]. Capital and Liquidity - Total assets at the end of 2024 were $433 million, an increase of $13 million from $420 million at the end of 2023. Total deposits rose by $18 million to $351 million, while total loans increased by $2 million to $277 million [8][10]. - The company ended the fourth quarter with a leverage capital ratio of 9.0% and a total risk-based capital ratio of 13.4% [8][18]. Management Commentary - The Chairman expressed satisfaction with the company's performance and emphasized the strategic approach that led to sustained profitability. The CEO highlighted loan and deposit growth, strong asset quality, and a clear growth strategy focused on technology and innovation [5][6]. Community Commitment - The company expressed condolences for the impact of recent wildfires in Southern California and committed to supporting recovery efforts in the affected areas [5].

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Midland States Bancorp, Inc. ("Midland States Bancorp" or the "Company") (NASDAQ: MSBI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Midland States Bancorp and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining th ...

SUN VALLEY, Calif., Feb. 3, 2025 /PRNewswire/ -- Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.1 million, or $0.34 per share, for the fourth quarter of 2024, compared to a net loss of $0.2 million, or $0.07 per diluted share, for the fourth quarter of 2023. Net income for the year ended December 31, 2024 was $6.2 million, or $1.87 per diluted share, compared to net income of $7.4 million, or $2.22 per diluted share, for the year ended December 31, ...

GOUVERNEUR, N.Y., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Gouverneur Bancorp, Inc. (OTCQB Marketplace: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association, announced today that the two leading proxy advisory firms, Institutional Shareholder Services, Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have both recommended that Company stockholders vote “FOR” the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan at the Company’s annual meeting of stockholders to be held on Feb ...

Fourth quarter results include EPS of $0.69, deposit growth, commercial loan growth, a gain on the sale of its insurance agency, and strong contributions from new and established Pathfinder Bank teams across Central New York OSWEGO, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Pathfinder” or the “Company”) (NASDAQ: PBHC) announced its financial results for the fourth quarter and year ended December 31, 2024. The holding company for Pathfinder Bank (“the Bank”) earned net income attri ...

Timberland Bancorp, Inc. (NASDAQ: TSBK ) is a small regional/local bank based in Washington State . The balance sheet contains less than $2B in assets, but the small size of the bank also means it can keepHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income fo ...

Core Insights - CW Bancorp reported a consolidated net income of $3,940,000 for Q4 2024, representing an increase of 11% compared to $3,545,000 in Q4 2023, with diluted EPS rising 16% from $1.13 to $1.30 [1][12][17] - For the full year 2024, consolidated net income was $13,148,000, down 25% from $17,611,000 in 2023, with EPS decreasing from $5.39 to $4.30, a decline of 20% [1][12][17] Financial Performance - Q4 2024 saw a 26% quarter-over-quarter net income growth and an 11% year-over-year growth [3][12] - Total assets increased by $188.6 million or 14.5% year-over-year, reaching $1,490,352,000 as of December 31, 2024 [3][16] - Total loans grew by $68.6 million or 9.5% year-over-year, totaling $793,075,000 [3][16] - Total deposits increased by $183.9 million or 16% year-over-year, amounting to $1,342,421,000 [4][16] Income and Expenses - Interest income for Q4 2024 was $14,750,000, up 14% from $12,964,000 in Q4 2023, while interest expense rose by 17% to $3,714,000 [5][18] - For the full year, interest income increased by 4% to $54,190,000, while interest expense surged by 24% to $14,241,000 [6][18] - Net interest income for Q4 2024 was $11,036,000, a 13% increase from $9,797,000 in Q4 2023, but decreased by 2% for the full year to $39,949,000 [7][18] Non-Interest Income and Expenses - Non-interest income for Q4 2024 was $2,011,000, a 30% increase from $1,549,000 in Q4 2023, while for the full year, it decreased by 3% to $6,166,000 [9][10] - Non-interest expenses for Q4 2024 rose by 20% to $7,617,000 compared to $6,367,000 in Q4 2023, and increased by 15% for the full year to $27,798,000 [10][18] Efficiency and Capital Ratios - The efficiency ratio for Q4 2024 was 58.12%, up from 55.82% in Q4 2023, indicating increased costs relative to income [11][18] - As of December 31, 2024, the tier 1 leverage ratio was 11.16%, and the total risk-based capital ratio was 17.92%, both above the levels required for a "well capitalized" institution [13][16]

Core Insights - The Bancorp reported revenue of $148.57 million for Q4 2024, a year-over-year increase of 24.7% [1] - The earnings per share (EPS) for the same period was $1.15, up from $0.95 a year ago, representing a surprise of +1.77% over the consensus estimate of $1.13 [1] - The reported revenue exceeded the Zacks Consensus Estimate by +12.76% [1] Financial Performance Metrics - Efficiency Ratio stood at 40%, slightly better than the average estimate of 40.6% from two analysts [4] - Net Interest Margin was reported at 4.6%, below the estimated 4.8% [4] - Average Interest-Earning Assets were $8.29 billion, surpassing the estimated $8.01 billion [4] - Total Non-Interest Income reached $54.27 million, significantly higher than the estimated $35.72 million [4] - Net Interest Income was $94.30 million, slightly below the average estimate of $96.10 million [4] Stock Performance - Shares of The Bancorp have returned +5.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Viewpoint - The Bancorp (TBBK) reported quarterly earnings of $1.15 per share, exceeding the Zacks Consensus Estimate of $1.13 per share, and showing an increase from $0.95 per share a year ago, indicating a positive earnings surprise of 1.77% [1] Financial Performance - The Bancorp posted revenues of $148.57 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 12.76%, compared to $119.15 million in the same quarter last year [2] - Over the last four quarters, the company has only surpassed consensus EPS estimates once [2] Stock Performance - The Bancorp shares have increased approximately 5.2% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.20 on revenues of $136.78 million, and for the current fiscal year, it is $5.29 on revenues of $575.86 million [7] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 6% of over 250 Zacks industries, indicating a favorable environment for the sector [8]