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Clearmind Medicine (CMND) - 2024 Q4 - Annual Report
2025-01-22 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report ____________ For the transition period from ____________ to ____________ FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PU ...
National Bank (NBHC) - 2024 Q4 - Annual Results
2025-01-22 21:14
Exhibit 99.1 National Bank Holdings Corporation Announces Quarterly Dividend, Fourth Quarter and Full Year 2024 Financial Results NYSE Ticker: NBHC Denver, Colorado - (Globe Newswire) – National Bank Holdings Corporation (the "Company") reported: | | | | For the quarter | (1) | | | For the year | | | | | 2024 Adjusted (2) | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 4Q24 | 3Q24 | | 4Q23 | | 2024 | | 2023 | | QTD | | YTD | | Net income ($000's) | $ | 28,184 ...
Origin Bank(OBK) - 2024 Q4 - Annual Results
2025-01-22 21:14
PTPP earnings is a non-GAAP financial measure, please see the last few pages of this document for a reconciliation of this alternative financial measure to its most directly comparable GAAP measure. (1) Optimize Origin Financial Highlights 1 Exhibit 99.1 For Immediate Release ORIGIN BANCORP, INC. REPORTS EARNINGS FOR FOURTH QUARTER AND FULL YEAR 2024 RUSTON, Louisiana (January 22, 2025) - Origin Bancorp, Inc. (NYSE: OBK) ("Origin," "we," "our" or the "Company"), the holding company for Origin Bank (the "Ban ...
RLI(RLI) - 2024 Q4 - Annual Results
2025-01-22 21:13
EXHIBIT 99.1 RLI REPORTS FOURTH QUARTER AND YEAR-END 2024 RESULTS PEORIA, ILLINOIS, January 22, 2025 – RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock sp ...
AST SpaceMobile(ASTS) - 2024 Q4 - Annual Results
2025-01-22 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 22, 2025 AST SpaceMobile, Inc. (Exact name of registrant as specified in its charter) Delaware 001-39040 84-2027232 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) Midland International Air & Space Port 2901 Enterprise Lane Midla ...
Bankwell Financial Group(BWFG) - 2024 Q4 - Annual Results
2025-01-22 21:10
BANKWELL FINANCIAL GROUP REPORTS OPERATING RESULTS FOR THE FOURTH QUARTER, DECLARES FIRST QUARTER DIVIDEND New Canaan, CT – January 22, 2025 – Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025. Pre-tax, ...
Triumph Financial(TFIN) - 2024 Q4 - Annual Results
2025-01-22 21:10
Exhibit 99.1 January 22, 2025 Fellow Shareholders, For the fourth quarter, we earned net income to common stockholders of $3.0 million, or $0.13 per diluted share. For the full year 2024, we earned net income to common stockholders of $12.9 million, or $0.54 per diluted share. Discussion of the Quarter Here are a few things I think investors should note for the fourth quarter: Discussion of the Past Year The year 2024 was a year of both milestones and headwinds. We had many significant achievements, which I ...
NVE(NVEC) - 2025 Q3 - Quarterly Report
2025-01-22 21:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-12196 NVE CORPORATION (Exact name of registrant as specified in its charter) Minnesota 41-1424202 (State or other jurisdicti ...
Kinder Morgan(KMI) - 2024 Q4 - Annual Results
2025-01-22 21:09
Financial Performance - Fourth quarter earnings per share (EPS) of $0.30, up 11% compared to the fourth quarter of 2023 and Adjusted EPS of $0.32, up 14% compared to the fourth quarter of 2023[5] - Net income attributable to KMI of $667 million, compared to $594 million in the fourth quarter of 2023[5] - Adjusted EBITDA of $2,063 million, up 7% versus the fourth quarter of 2023[5] - KMI budgeted net income attributable to KMI of $2.8 billion for 2025, up 8% versus 2024, and Adjusted EPS of $1.27, up 10% from 2024[8] - Q4 2024 revenue decreased slightly to $3.987 billion from $4.038 billion in Q4 2023, a 1.3% decline[43] - Full-year 2024 revenue was $15.100 billion, down 1.5% from $15.334 billion in 2023[43] - Net income attributable to Kinder Morgan, Inc. increased 12% to $667 million in Q4 2024 compared to $594 million in Q4 2023[43] - Adjusted EBITDA for 2024 grew 5% to $7.938 billion from $7.561 billion in 2023[48] - Basic and diluted earnings per share increased 11% to $0.30 in Q4 2024 from $0.27 in Q4 2023[43] - Adjusted EPS grew 14% to $0.32 in Q4 2024 compared to $0.28 in Q4 2023[43] - Net income attributable to Kinder Morgan for Q4 2024 was $667 million, up 12% from $594 million in Q4 2023[64] - Adjusted EBITDA for the twelve months ended December 31, 2024, was $7.938 billion, up from $7.561 billion in the same period of 2023[60] - Net income attributable to Kinder Morgan, Inc. for Q4 2024 was $667 million, up from $594 million in Q4 2023, representing a 12.3% increase[70] - Full-year 2024 net income attributable to Kinder Morgan, Inc. was $2.613 billion, a 9.3% increase from $2.391 billion in 2023[70] - The company's 2025 budget projects net income attributable to Kinder Morgan, Inc. of $2.8 billion and adjusted EBITDA of $8.3 billion[76] - Adjusted Net Income Attributable to Common Stock for 2025 is projected at $2.8 billion[79] Capital Projects and Investments - Project backlog at the end of the fourth quarter of 2024 stood at $8.1 billion, a nearly 60% increase compared to $5.1 billion in the third quarter of 2024[7] - The Trident Intrastate Pipeline Project, an approximately 216-mile pipeline with a capacity of 1.5 Bcf/d, is expected to be in service in the first quarter of 2027[18] - KMI's subsidiary, Hiland Partners Holdings LLC, agreed to purchase a natural gas gathering and processing system in North Dakota for $640 million, expected to close in the first quarter of 2025[20] - The Mississippi Crossing (MSX) project is now designed to transport up to 2.1 Bcf/d of natural gas through the construction of nearly 206 miles of pipeline and three new compressor stations, expected to be in service in November 2028[20] - KMI's total RNG generation capacity will increase to 6.9 Bcf per year with the addition of the Autumn Hills RNG facility[23] - Capital expenditures (GAAP) for 2024 totaled $2.629 billion, a 13.5% increase from $2.317 billion in 2023[70] - 2025 budget includes $2.4 billion for DD&A and $1.8 billion for net interest expense[76] Dividends and Cash Flow - KMI expects to declare dividends of $1.17 per share for 2025, a 2% increase from the dividends declared for 2024[8] - DCF (Distributable Cash Flow) for Q4 2024 was $1.263 billion, an 8% increase from $1.171 billion in Q4 2023[64] - Declared dividends per share for 2024 were $1.15, up from $1.13 in 2023[64] - Cash flow from operations for Q4 2024 was $1.510 billion, down 35.0% from $2.322 billion in Q4 2023[70] - Full-year 2024 free cash flow (FCF) was $3.006 billion, a 28.0% decrease from $4.174 billion in 2023[70] - Distributions from equity investments exceeded cumulative earnings by $60 million in Q4 2024 and $177 million for full-year 2024[71] Segment Performance - Natural Gas Pipelines Segment EBDA increased 2.9% to $1.392 billion in Q4 2024 from $1.353 billion in Q4 2023[54] - Products Pipelines Segment EBDA rose 7.1% to $302 million in Q4 2024 compared to $282 million in Q4 2023[54] - Terminals Segment EBDA grew 5.6% to $281 million in Q4 2024 from $266 million in Q4 2023[54] - CO Segment EBDA decreased 11.7% to $158 million in Q4 2024 from $179 million in Q4 2023[54] Operational Metrics - Natural gas transport volumes for Q4 2024 were 44,507 BBtu/d, slightly down from 44,722 BBtu/d in Q4 2023[56] - Total refined product volumes for Q4 2024 were 1,644 MBbl/d, up from 1,613 MBbl/d in Q4 2023[56] - Liquids leased capacity percentage increased to 95.2% in Q4 2024 from 93.3% in Q4 2023[56] - Total oil production for Q4 2024 was 26.22 MBbl/d, down from 27.09 MBbl/d in Q4 2023[56] - Realized weighted average oil price for Q4 2024 was $67.24 per Bbl, nearly flat compared to $67.22 per Bbl in Q4 2023[56] Financial Metrics and Adjustments - Change in fair value of derivative contracts for the three-month period ending December 31, 2024, was $40 million, compared to $(33) million for the same period in 2023[29] - Loss (gain) on divestitures and impairment, net for the twelve-month period ending December 31, 2024, was $(69) million, compared to $67 million in 2023[29] - Total Certain Items for the three-month period ending December 31, 2024, were $41 million, compared to $39 million in 2023[29] - Adjusted Net Income Attributable to Kinder Morgan, Inc. is calculated by adjusting net income for Certain Items, providing a supplemental measure for period-over-period performance[33] - Adjusted EBITDA is used to evaluate leverage and is calculated by adjusting net income for Certain Items, DD&A, income tax expense, and interest[33] - Net Debt is calculated by subtracting cash, debt fair value adjustments, and foreign exchange impacts from total debt, used to evaluate leverage[35] - DCF (Distributable Cash Flow) is calculated by adjusting net income for Certain Items, DD&A, income tax expense, cash taxes, and sustaining capital expenditures[36] - Project EBITDA is used to evaluate return on investment for capital projects before non-controllable expenses[37] - FCF (Free Cash Flow) is calculated by reducing cash flow from operations for capital expenditures and dividends, providing insight into cash flow generation[38] - Net debt-to-Adjusted EBITDA ratio improved to 4.0x at the end of 2024 from 4.2x at the end of 2023[61] Forward-Looking Statements and Risks - Forward-looking statements include expectations for long-term demand, energy evolution opportunities, and capital project benefits, subject to risks and uncertainties[39] Working Capital and Other Items - The 2023 working capital and other items included $843 million from a customer prepayment agreement for long-term contracts[72]
First munity (FCCO) - 2024 Q4 - Annual Results
2025-01-22 21:06
News Release For Release January 22, 2025 9:00 A.M. Contact: D. Shawn Jordan, Executive Vice President & Chief Financial Officer or Robin D. Brown, Executive Vice President & Chief Marketing Officer (803) 951- 2265 First Community Corporation Announces Fourth Quarter and Year End 2024 Results and Cash Dividend Lexington, SC – January 22, 2025 Highlights Today, First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the fourth quarter and year end of ...