Core Insights - FinWise Bancorp reported strong financial results for the third quarter of 2025, with net income of $4.9 million, a 19% increase from the previous quarter and a 42% increase year-over-year, driven by robust loan originations and disciplined expense management [4][20]. Financial Performance - Loan originations totaled $1.8 billion, up from $1.5 billion in the prior quarter and $1.4 billion year-over-year [6][10]. - Net interest income was $18.6 million, compared to $14.7 million in the previous quarter and $14.8 million in the same quarter last year [9][6]. - Diluted earnings per share (EPS) were $0.34, an increase from $0.29 in the prior quarter and $0.25 year-over-year [6][20]. - The efficiency ratio improved to 47.6%, down from 59.5% in the previous quarter and 67.5% year-over-year, indicating better productivity [18][6]. Asset Quality - Nonperforming loans were recorded at $42.8 million, representing 7.5% of total loans held-for-investment, compared to $39.7 million (7.5%) in the previous quarter and $30.6 million (7.1%) year-over-year [30][31]. - The allowance for credit losses increased to $25.8 million, reflecting a higher provision for credit losses due to growth in the credit-enhanced loan portfolio [32][30]. Balance Sheet Highlights - Total assets reached $899.9 million, up from $842.5 million in the previous quarter and $683.0 million year-over-year [21][22]. - Total deposits increased to $682.3 million, driven by growth in brokered time certificates of deposits [26][25]. - Total shareholders' equity rose to $187.8 million, an increase of $5.8 million from the previous quarter and $17.4 million year-over-year [27][44]. Strategic Initiatives - The company announced two strategic program agreements with DreamFi Inc. and Tallied Technologies, aiming to expand its strategic initiatives [4]. - FinWise continues to focus on disciplined growth and operational excellence to drive long-term progress and sustainable value creation for shareholders [4].

Core Insights - CBIZ, Inc. reported strong financial results for the third quarter of 2025, with revenues reaching $693.8 million, a 58.1% increase from $438.9 million in the same period of 2024 [3][8] - The company experienced a net income of $30.1 million, down 14.1% from $35.1 million year-over-year, while adjusted net income rose to $63.5 million, an increase of 35.4% compared to $46.9 million in the previous year [4][8] - The acquisition of Marcum has shown better-than-expected synergies, positioning the company for sustainable long-term growth in the U.S. middle market [2][3] Financial Performance - For Q3 2025, adjusted earnings per diluted share were $1.01, an 8.5% increase from $0.93 in Q3 2024 [4][8] - Adjusted EBITDA for Q3 2025 was $120.0 million, up 57.4% from $76.3 million in the same quarter of 2024 [4][8] - For the nine months ended September 30, 2025, total revenue was $2,215.3 million, a 63.7% increase from $1,353.2 million in the same period of 2024 [5][8] Segment Performance - Revenue from Financial Services for Q3 2025 was $578.5 million, compared to $322.3 million in Q3 2024, while Benefits and Insurance Services generated $103.4 million, slightly down from $104.0 million [29] - For the nine months ended September 30, 2025, Financial Services revenue was $1,862.0 million, up from $1,004.2 million in the same period of 2024 [29] Outlook - The company anticipates total revenue for 2025 to be in the range of $2.8 billion to $2.95 billion, with an effective tax rate of approximately 29% [9] - Adjusted fully diluted earnings per share are expected to be between $3.60 and $3.65, with adjusted EBITDA projected between $450 million and $456 million [9]

Core Insights - MediaAlpha, Inc. reported a third quarter revenue growth of 18% and a transaction value growth of 30%, achieving a record transaction value of $548 million in the Property & Casualty insurance vertical [1][5][26] - The company announced a net income of $17.6 million and an adjusted EBITDA of $29.1 million for the third quarter [1][5] - A new share repurchase program of $50 million has been authorized by the Board of Directors, reflecting the company's commitment to delivering long-term value for shareholders [2][9] Financial Performance - For the third quarter of 2025, MediaAlpha's revenue was $306.5 million, an increase of 18% year over year, while the transaction value reached $589.3 million, up 30% year over year [5][21] - The transaction value from the Property & Casualty insurance vertical increased by 41% year over year to $548 million, while the Health insurance vertical saw a decline of 40% year over year to $33 million [5][26] - The gross margin for the third quarter was 14.2%, compared to 15.1% in the third quarter of 2024, and the contribution margin was 14.9%, down from 16.0% in the same period [5][30] Future Outlook - The company expects transaction value in the Property & Casualty insurance vertical to grow approximately 45% year over year in the fourth quarter, driven by strong carrier growth investment [4][5] - Conversely, the transaction value in the Health insurance vertical is anticipated to decline approximately 45% year over year, primarily due to stabilization at a lower baseline [4][5] - For the fourth quarter of 2025, MediaAlpha projects revenue of $306.5 million and transaction value of $589.3 million, reflecting continued positive momentum [5][6] Share Repurchase Program - The newly authorized share repurchase program allows for the repurchase of up to $50 million of Class A common stock, which may be executed through various methods including open market transactions and block trades [9][2] - The timing and amount of repurchases will be determined by the company's management based on market conditions and other factors [9]

Core Insights - The company reported a 59% increase in diluted earnings per share (EPS) to $1.59, driven by higher net sales and operational efficiencies [1][2][7] Financial Performance - Net sales for the first quarter of fiscal 2026 rose by $22.5 million, or 8.1%, reaching $298.7 million, primarily due to an 8.9% increase in the weighted average selling price per pound [3][7] - Gross profit increased by $7.6 million to $54.1 million, with the gross profit margin improving to 18.1% from 16.9% in the prior year [7][8] - Total operating expenses decreased by $2.5 million, resulting in a reduction of operating expenses as a percentage of net sales to 9.1% from 10.7% [9] Sales Volume Analysis - Sales volume in the consumer distribution channel decreased by 5.1%, mainly due to a 3.2% reduction in private brand sales volume [4] - The commercial ingredients distribution channel saw a 12.8% increase in sales volume, driven by new business and higher peanut butter volume [5] - The contract manufacturing distribution channel experienced an 18.4% increase in sales volume, attributed to increased granola and snack nut sales [6] Inventory and Costs - Total inventories increased by $40.2 million, or 20.6%, due to higher commodity acquisition costs and greater quantities of finished goods [10] - The weighted average cost per pound of raw nut and dried fruit input stock rose by 24.8% year over year [10] Strategic Outlook - The company aims to maintain momentum by focusing on growing sales volume, delivering customer value, and improving profitability [11]

ROSEVILLE, Minn., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN) today announced results for the six months ended September 28, 2025, its second quarter of fiscal 2026. Second Quarter Fiscal Year 2026 Highlights: Record second quarter results for revenue, gross profit, operating income, and adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“adjusted EBITDA”), a non-GAAP measure.Revenue growth of 14%, including Water Treatment segment growth of 21% over the same period ...

SANTA CLARA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable innovative semiconductor design and digital twin modeling through AI software and innovation, will release its financial results for the third quarter ended September 30, 2025, after the market close on Wednesday, November 12, 2025. The company will host a conference call at 5:00 p.m. Eastern time to discuss its third quarter ...

Third quarter of 2025 net sales increased 7% versus the third quarter of 2024.Gross profit in the third quarter of 2025 was $749 million, an increase of 7% versus the third quarter of 2024. Gross margin in the third quarter of 2025 increased 10 basis points(a) to 39.6%.Income from operations for the third quarter of 2025 was $247 million, an increase of $20 million, or 9%. Operating margin for the third quarter of 2025 increased 20 basis points to 13.1%. Earnings per share for the third quarter of 2025 incr ...

No injuries or material damage occurred at Jamalco’s refinery, mines or port operationsCHICAGO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Century Aluminum’s Jamalco joint venture in Clarendon, Jamaica has started work to resume production following landfall of Hurricane Melissa on Tuesday. As part of its standard hurricane preparedness plan, Jamalco preemptively curtailed production at its refinery and mines over the weekend ahead of landfall. No injuries to employees or material damage occurred at Jamalco’s refine ...

NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the three and nine months ended September 30, 2025. 2025 Third Quarter Highlights Total net income attributable to stockholders for the 2025 third quarter was $7.8 mil ...

Core Insights - MYR Group Inc. reported strong financial performance for the third quarter of 2025, with revenues of $950 million, marking a year-over-year increase in net income, gross profit, gross margin, and EBITDA [1][2][7]. Financial Performance - Third quarter 2025 revenues reached $950.4 million, an increase of $62.4 million compared to the same period in 2024 [2]. - The Transmission and Distribution (T&D) segment generated revenues of $503.4 million, up by $21.5 million year-over-year, driven by a $16.3 million increase in transmission project revenues and a $5.2 million increase in distribution project revenues [2]. - The Commercial and Industrial (C&I) segment reported revenues of $447.0 million, an increase of $40.8 million from the third quarter of 2024 [2]. Profitability Metrics - Consolidated gross profit for the third quarter of 2025 was $111.9 million, compared to $77.3 million in the same quarter of 2024, with gross margin improving to 11.8% from 8.7% [3]. - The increase in gross margin was attributed to better productivity, favorable change orders, and job closeouts, despite some offsetting costs from project inefficiencies and adverse weather [3]. Expenses and Income - Selling, general and administrative expenses (SG&A) rose to $65.9 million in the third quarter of 2025, up from $57.5 million in the same quarter of 2024, primarily due to increased employee compensation costs [4]. - Interest expense decreased to $1.4 million in the third quarter of 2025, down from $2.0 million in the same period of 2024, due to lower interest rates and reduced debt levels [5]. - The income tax expense for the third quarter of 2025 was $12.6 million, with an effective tax rate of 28.3%, compared to a tax benefit of $7.9 million and a rate of 42.5% in the prior year [6]. Net Income and EBITDA - Net income for the third quarter of 2025 was $32.1 million, or $2.05 per diluted share, compared to $10.6 million, or $0.65 per diluted share, for the same period in 2024 [7]. - EBITDA for the third quarter of 2025 was $62.7 million, significantly higher than $37.2 million in the third quarter of 2024 [7]. Year-to-Date Performance - For the first nine months of 2025, MYR reported revenues of $2.68 billion, an increase of $151.8 million compared to the same period in 2024 [9]. - Consolidated gross profit for the first nine months of 2025 was $312.5 million, up from $204.4 million in the same period of 2024, with gross margin increasing to 11.6% from 8.1% [10]. Backlog and Future Outlook - As of September 30, 2025, MYR's backlog was $2.66 billion, a slight increase from $2.64 billion as of June 30, 2025, indicating continued demand for services [15]. - The company is well-positioned to capitalize on long-term growth opportunities driven by the accelerating pace of electrification and the need for resilient infrastructure [1].