SAN JOSE, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) turns 100 years old this year, and it will commemorate the milestone with a year-long celebration of its legacy that is the foundation for future success. “Throughout our history, we have shown resilience, ingenuity, and commitment, overcoming challenges time and time again to provide our customers a safe, reliable water supply,” said Chairman and Chief Executive Officer Martin A. Kropelnicki. “We are a purpose-dr ...

Group 1 - The Company, Archimedes Tech SPAC Partners III Co., successfully closed its upsized initial public offering of 27,600,000 units, generating gross proceeds of $276,000,000 at a price of $10.00 per unit [1] - The units began trading on Nasdaq under the ticker symbol "ARCIU" on January 23, 2026, with each unit consisting of one ordinary share and one-fourth of a redeemable warrant [2] - The Company is a special purpose acquisition company (SPAC) focused on pursuing business combinations primarily in the technology sector, particularly in artificial intelligence, cloud services, and automotive technology [6] Group 2 - BTIG, LLC acted as the sole book-running manager for the offering, with legal counsel provided by Loeb & Loeb LLP and Walkers (Cayman) LLP for the Company, and White & Case LLP for the underwriters [3] - The offering was conducted under a prospectus, with registration statements declared effective by the U.S. Securities and Exchange Commission on January 22, 2026 [4] - The Company intends to utilize the net proceeds from the offering for its search for an initial business combination, although specific uses are not guaranteed [7]

Core Viewpoint - RBB Bancorp reported strong financial results for the fourth quarter and fiscal year 2025, highlighting solid loan growth, improved performance ratios, and a decrease in non-performing assets, which reflects a positive trend in credit quality [4][5]. Fourth Quarter 2025 Highlights - The company achieved a net income of $10.2 million, or $0.59 diluted earnings per share, for Q4 2025, slightly up from $10.1 million in Q3 2025 [4]. - Net interest income for Q4 2025 was $29.5 million, an increase from $29.3 million in Q3 2025, driven by a decrease in interest expense [6]. - The net interest margin (NIM) increased to 2.99% in Q4 2025 from 2.98% in Q3 2025, reflecting a decrease in the overall cost of funds [7]. - Loans held for investment grew by $11.7 million, or 1.4% annualized, compared to the previous quarter [7]. - Nonperforming assets decreased to $53.5 million, down 1.6% from the previous quarter [7]. Fiscal 2025 Highlights - For the fiscal year 2025, net income totaled $31.9 million, a 19.8% increase compared to $26.7 million in fiscal 2024 [4]. - Net interest income for the year was $112.3 million, up from $99.4 million in 2024, attributed to a decrease in interest expense and an increase in interest income [10]. - The NIM for fiscal 2025 was 2.95%, an increase of 25 basis points from 2.70% in fiscal 2024 [11]. - Total loans held for investment increased by $261.1 million, or 8.6%, compared to the previous year [11]. - Nonperforming assets decreased by $27.6 million, or 34.0%, compared to year-end 2024 [11]. Credit Quality - Nonperforming loans totaled $44.6 million at December 31, 2025, down from $45.5 million at September 30, 2025 [29]. - Classified and criticized loans decreased by $71.3 million, or 43.0%, to $94.4 million at year-end 2025 compared to the previous year [7]. - The allowance for credit losses was $44.4 million, down from $45.4 million at September 30, 2025, reflecting net charge-offs and provisions for credit losses [35]. Shareholders' Equity - Total shareholders' equity increased to $523.4 million at December 31, 2025, a $9.1 million increase from the previous quarter [37]. - Book value per share rose to $30.69, up from $30.18 at September 30, 2025, and tangible book value per share increased to $26.42 [38]. Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on February 13, 2026 [39].

Seasoned Real Estate Executive Chris Papa Appointed Chief Financial Officer Effective February 23, 2026; Company Reaffirms Full-Year 2025 AFFO Outlook ATLANTA, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services, today announced that Christopher (“Chris”) Papa will join the Company as Executive Vice President and Chief Financial Officer, effective Monday, February 23, 2026. Papa is a highly re ...

NASHVILLE, Tenn., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, today announced the 2025 tax classification of the dividend distributions made to the Company’s shareholders. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Record Date Payment ...

NORWICH, N.Y., Jan. 26, 2026 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2025. Net income for the fourth quarter of 2025 was $55.5 million, or $1.06 per diluted common share, compared to $36.0 million, or $0.76 per diluted common share, for the fourth quarter of 2024, and $54.5 million, or $1.03 per diluted common share, for the third quarter of 2025. Operating diluted earni ...

EPS Increases 21% to $1.04 from $0.86 for the Comparable Quarter One Year AgoQuarterly Return on Average Assets of 1.60%Quarterly Return on Average Equity of 12.33%Quarterly Net Interest Margin Increases to 3.85%Announces a 4% Increase in the Quarterly Cash Dividend HOQUIAM, Wash., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $8.22 million, or $1.04 per diluted com ...

CHICAGO, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its fourth quarter and full year 2025 results after the market close on Tuesday, February 17, 2026, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results. RSI’s earnings press release and related materials will be available at ir.rushstreetinteractive.com. To listen to the audio webcast and live Q&A, please visit RSI’s investor relati ...

WEST PALM BEACH, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced its final 2025 dividend income allocations for both its common and preferred shares as they will be reported on Form 1099-DIV. The Common Share amounts below are not adjusted to reflect the 1-for-5 reverse stock split completed on November 10, 2025. Additionally, the return of capital on ...

LUBBOCK, Texas, Jan. 26, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter and year ended December 31, 2025. Fourth Quarter 2025 Highlights Net income for the fourth quarter of 2025 was $15.3 million, compared to $16.3 million for the third quarter of 2025 and $16.5 million for the fourth quarter of 2024.Diluted earnings per share for the four ...