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Red River Bancshares, Inc. Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-10-30 12:30
Core Insights - Red River Bancshares, Inc. reported a net income of $10.8 million for Q3 2025, representing a 5.9% increase from the previous quarter's net income of $10.2 million [2][4] - The company achieved a record-high net income driven by improved net interest margins and solid loan activity despite unexpected paydowns [5][6] - The quarterly cash dividend was increased by 25% to $0.15 per share, reflecting the company's commitment to returning value to shareholders [4][5] Financial Performance - For the nine months ended September 30, 2025, net income was $31.3 million, up from $24.9 million for the same period in 2024, with EPS increasing from $3.59 to $4.65 [3][36] - The return on assets for Q3 2025 was 1.34%, and the return on equity was 12.62% [2][36] - Net interest income for Q3 2025 was $26.9 million, a 4.1% increase from the previous quarter, with a net interest margin FTE of 3.43% [10][36] Loan and Deposit Growth - Loans held for investment increased to $2.17 billion, a rise of 1.6% from the previous quarter, with solid new loan activity [4][17] - Total deposits reached $2.84 billion, up 1.0% from the previous quarter, driven by increased noninterest-bearing and time deposits [23][24] - The company opened a new loan and deposit production office in Lafayette, Louisiana, to enhance its service capabilities [5][9] Asset Quality and Credit Losses - Nonperforming assets totaled $2.4 million, representing 0.08% of total assets, with an allowance for credit losses of $22.8 million, or 1.05% of loans held for investment [20][22] - The provision for credit losses for Q3 2025 was $650,000, an increase from $450,000 in the prior quarter [22][36] Capital Management - Total stockholders' equity increased by 4.8% to $351.3 million as of September 30, 2025, supported by net income and market adjustments [28][29] - The company has a strong capital position with a stockholders' equity to assets ratio of 10.93% and a risk-based capital ratio of 18.18% [36][38] Market Outlook - The economic outlook for Louisiana is optimistic, with expected job growth and improved loan demand as uncertainties related to tariffs and interest rates diminish [7][8] - The Federal Reserve's recent rate cuts are anticipated to influence the company's interest income and margin management strategies moving forward [8][11]
Itron Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-30 12:30
LIBERTY LAKE, Wash., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2025. Key results for the quarter include (compared with the third quarter of 2024): Revenue of $582 million, decreased 5%;GAAP net income attributable to Itron, Inc. of $66 million, decreased $12 million;GAAP diluted earnings per share of $1.41, decreased $0.29 per share;Non-GA ...
Aligos Therapeutics to Announce 3rd Quarter 2025 Financial Results on November 6, 2025
Globenewswire· 2025-10-30 12:30
SOUTH SAN FRANCISCO, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biotechnology company focused on improving patient outcomes through best-in-class therapies for liver and viral diseases, today announced that it will report the Company’s third quarter 2025 financial results on Thursday, November 6, 2025, before the open of the U.S. financial markets. About Aligos Aligos Therapeutics, Inc. (NASDAQ: ALGS) is a clinical stage biopharmaceutical company fou ...
Lantheus Announces FDA Grants PDUFA Date for LNTH-2501 (Ga 68 edotreotide), a PET Diagnostic Imaging Kit Targeting Somatostatin Receptor-Positive (SSTR+) Neuroendocrine Tumors (NETs)
Globenewswire· 2025-10-30 12:30
PDUFA Date Set for March 29, 2026BEDFORD, Mass., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Lantheus Holdings, Inc. (“Lantheus”) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, today announced that the U.S. Food and Drug Administration (FDA) has established a Prescription Drug User Fee Act (PDUFA) date for LNTH-2501 (Gallium-68 edotreotide). LNTH-2501 is a diagnostic kit for the preparation of Ga 68 ...
ALX Oncology to Report Third Quarter 2025 Financial Results and Pipeline Progress Including Evorpacept CD47 Biomarker Data to be Presented at Upcoming SITC Annual Meeting
Globenewswire· 2025-10-30 12:30
SOUTH SAN FRANCISCO, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc., ("ALX Oncology" or the "Company") (Nasdaq: ALXO), a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients’ lives, today announced plans to report its third quarter 2025 financial results and provide a business update on Friday, November 7th, 2025, before market open. The company will be hosting a teleconference in conjunction with this press release w ...
Vivakor’s Trading Platform Launches Full-Scale Operations with $24 Million Commodity Transaction
Globenewswire· 2025-10-30 12:30
Dallas, TX, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today announced that its commodities trading platform, Vivakor Supply & Trading (“VST”), in cooperation with its financing wholesaler, initiated its first major commodity transaction. VST’s commodities operations are responsible for arranging transportation, logistics, and gathering operations for commodities purch ...
TechForce Robotics Accepted into NVIDIA Connect Program, Strengthening Position in AI-Driven Hospitality Automation
Globenewswire· 2025-10-30 12:30
Core Insights - Nightfood Holdings Inc., operating as TechForce Robotics, has been accepted into the NVIDIA Connect Program, marking a significant milestone in its development as an AI-driven company in the hospitality automation sector [1][2][6] - The collaboration with NVIDIA provides access to advanced tools and resources that will enhance TechForce Robotics' capabilities in robotics and AI, particularly in real-time training and decision-making [3][5] Company Overview - TechForce Robotics is focused on revolutionizing the hospitality industry by integrating AI-powered robotics with strategic hotel acquisitions, aiming to improve efficiency and reduce operating costs [7] - The company has an annualized revenue exceeding $10 million and a combined acquisition value of approximately $100 million, positioning itself for future growth and exchange readiness [6] Market Position - The global service robotics market is projected to exceed $170 billion by 2030, and TechForce Robotics is strategically positioned to capitalize on this growth through its dual focus on hotel ownership and Robotics-as-a-Service (RaaS) solutions [8]
SEGG Media Charts a Bold Course into Web3 with $300M Digital Asset Initiative
Globenewswire· 2025-10-30 12:30
Core Insights - SEGG Media Corporation has launched a two-year Web3 and Digital Asset Strategy aimed at generating sustainable on-chain yield and accelerating tokenization in sports and entertainment [1][2] - The company has established a $300 million Digital Asset and Tokenization Program, positioning itself as a pioneer among NASDAQ-listed firms in integrating traditional finance with blockchain [2][6] Digital Asset Strategy - The strategy includes an 80/20 capital allocation model, with 80% of capital allocated to a multi-asset crypto treasury focused on Bitcoin, Ethereum, Solana, and ZIGChain, while 20% will fund strategic acquisitions [3][8] - The initiative aims to create a tokenized sports and entertainment ecosystem, enhancing fan engagement and monetization opportunities for athletes and artists [5][9] Execution Roadmap - The rollout will occur in four phases: 1. Activation of the SEGG Media Crypto Advisory Board and validator setup [9] 2. Tokenization pilots under Sports.com and Concerts.com [9] 3. Expansion of the Sports and Entertainment Exchange platform [9] 4. Full Web3 convergence with a multi-asset treasury and active validators [9] Governance and Transparency - The SEGG Media Crypto Advisory Board will oversee governance and transparency in treasury, validator, and tokenization operations [6] - All income from validator activities will be reported through SEC-compliant filings to ensure transparency and shareholder value [4][6] Strategic Partnerships - SEGG Media has signed a Memorandum of Understanding (MOU) with ZIGChain to leverage its blockchain infrastructure for real-world asset tokenization [3][10] - This partnership aims to enhance institutional-grade infrastructure for yield generation and fan participation [5][10]
Nexalin Technology Announces Regulatory Approval to Sell Gen 2 SYNC, 15 mA Neurostimulation DIFS™ Device in Israel
Globenewswire· 2025-10-30 12:30
HOUSTON, TX, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), the leader in Deep Intracranial Frequency Stimulation (DIFS™) of the brain, today announced that its Gen-2 Console (“SYNC”), 15 milliamp (mA) neurostimulation device has been granted regulatory approval for sale in Israel by the Israeli Ministry of Health. Mark White, CEO of Nexalin Technology, stated, “We are extremely proud to have received regulatory clearance in Israel, which is recognized ...
Capital Clean Energy Carriers Corp. Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-30 12:30
ATHENS, Greece, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company”, “CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today released its financial results for the third quarter ended September 30, 2025. Key Quarterly Highlights New long term time charter agreement for one liquefied natural gas (“LNG”) carrier (“LNG/C”) under constructionConcluded the sale of a 13,312 TEU container vessel announced in August 2025Secured financing for all si ...