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First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025
Globenewswire· 2025-07-12 00:00
Core Viewpoint - First Bancshares, Inc. reported strong financial results for the second quarter of 2025, showing growth in net income and key balance sheet categories compared to the same period in 2024 [2][3]. Financial Performance - The Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted for Q2 2025, an increase from $1,630,000 or $0.67 per share-diluted in Q2 2024, representing a 12% increase in net income and a 11.94% increase in earnings per share [2][10]. - The after-tax return on average assets was 1.36% and the return on equity was 11.82% for Q2 2025, indicating strong profitability metrics [2]. - Total interest income for Q2 2025 was $8,407,000, up from $8,013,000 in Q2 2024, while total interest expense decreased from $2,689,000 to $2,411,000, leading to a net interest income increase from $5,324,000 to $5,996,000 [10]. Balance Sheet Highlights - Total assets increased by $27.3 million to $544.1 million since June 30, 2024, with cash and cash equivalents rising by $13.0 million to $55.8 million and net loans receivable increasing by $15.9 million to $445.3 million [3][10]. - Total deposits grew by $13.4 million to $468.3 million, and stockholders' equity increased by $6.3 million to $62.3 million [3][10]. - The Company maintained a robust liquidity position, with excess cash being deployed into high-quality loan assets, and improved asset quality [4]. Regulatory Compliance - The Bank meets all regulatory requirements for "well-capitalized" status, ensuring a strong capital position to support future growth opportunities [5]. Company Overview - First Bancshares, Inc. is the holding company for Stockmens Bank, which operates in Colorado and Missouri, providing a range of banking services [6].
First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025
GlobeNewswire News Room· 2025-07-12 00:00
Core Viewpoint - First Bancshares, Inc. reported strong financial results for the second quarter of 2025, showing growth in net income and key balance sheet categories compared to the same period in 2024 [2][3]. Financial Performance - The Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted for Q2 2025, an increase from $1,630,000 or $0.67 per share-diluted in Q2 2024 [2]. - The after-tax return on average assets was 1.36%, and the return on equity was 11.82% for Q2 2025 [2]. - Total interest income for Q2 2025 was $8,407,000, up from $8,013,000 in Q2 2024, while total interest expense decreased to $2,411,000 from $2,689,000 [10]. - Net interest income increased to $5,996,000 in Q2 2025 from $5,324,000 in Q2 2024 [10]. Balance Sheet Highlights - Total assets increased by $27.3 million to $544.1 million since June 30, 2024 [3]. - Cash and cash equivalents rose by $13.0 million to $55.8 million, and net loans receivable increased by $15.9 million to $445.3 million [3]. - Total deposits grew by $13.4 million to $468.3 million, and stockholders' equity increased by $6.3 million to $62.3 million [3]. Capital and Liquidity - The Company has made significant efforts to strengthen its balance sheet, maintaining robust liquidity and deploying excess cash into high-quality loan assets [4]. - The capital ratios have developed to a level that allows the Company to pursue growth opportunities [4]. - The Bank meets all regulatory requirements for "well-capitalized" status [5].
Germanium Mining Corp. Announces Non-Brokered Private Placement and Debt Settlement
Thenewswire· 2025-07-11 23:00
The Company will rely on the exception set out in Section 4.6(2)(b) of CSE Policy 4 - Corporate Governance, Security Holder Approvals and Miscellaneous Provisions (the "Policy") with respect to the requirement to obtain shareholder approval of such transaction whereby the Company is issuing more than 100% of its issued share capital on a fully diluted basis (relating to the Private Placement warrants). The Company applied and was granted by the CSE the exception from shareholder approval based on the follow ...
Brixton Metals Closes Private Placement
Globenewswire· 2025-07-11 22:22
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on July 11, 2025, the non-brokered private placement previously announced on July 7, 2025 (the "Offering"). The Offering consisted of 18,234,708 flow-through shares (each, a “FT Share”), for total gross proceeds of $2,370,512.0 ...
Brixton Metals Closes Private Placement
GlobeNewswire News Room· 2025-07-11 22:22
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on July 11, 2025, the non-brokered private placement previously announced on July 7, 2025 (the "Offering"). The Offering consisted of 18,234,708 flow-through shares (each, a “FT Share”), for total gross proceeds of $2,370,512 ...
Domestic Metals Extends Non-Brokered Private Placement
Globenewswire· 2025-07-11 21:30
Group 1 - Domestic Metals Corp. has requested a 30-day extension for its non-brokered private placement, with no material changes to the terms [1] - The company focuses on discovering large-scale copper and gold deposits in historical mining project areas across the Americas [3] - The Smart Creek Project, located in Montana, features widespread copper mineralization and multiple attractive exploration targets [4] Group 2 - Domestic Metals Corp. is led by an experienced management and technical team with a successful track record in mine discovery and financing [4] - The company emphasizes its commitment to exploring economically favorable grades indicated by historic drilling and sampling [3]
BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE THIRD QUARTER OF 2025
Prnewswire· 2025-07-11 20:20
DALLAS, July 11, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the third quarter ending September 30, 2025. This dividend, which equates to an annual rate of $0.20 per share, is payable on October 15, 2025, to stockholders of record as of September 30, 2025.The Board declared a quarterly cash dividend for the ...
NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F
Globenewswire· 2025-07-11 20:05
Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) -- NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”). In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of ...
Gauzy Provides Additional Details on the Significant Insider Purchases of 560,000 Shares, Including 210,000 Shares by CEO and Co-Founder
GlobeNewswire News Room· 2025-07-11 13:53
Company Overview - Gauzy Ltd. is a global leader in vision and light control technologies, focusing on research, development, manufacturing, and marketing of these technologies to enhance user experiences across various industries [2] - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates, serving leading brands in aeronautics, automotive, and architecture across over 60 countries [2] Insider Purchases - Significant insider purchases were announced, totaling 560,000 ordinary shares, with 210,000 shares purchased by CEO and Co-Founder Eyal Peso and 350,000 shares by Alejandro Weinstein, the second largest investor and director nominee [1] - The private transaction was negotiated and signed in the first half of June 2025, with Peso's investment financed entirely through a personal loan, indicating strong confidence in the company [1]
TAG Oil Provides Corporate Update
Newsfile· 2025-07-11 13:00
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2025) - TAG Oil Ltd. (TSXV: TAO) (OTCQB: TAOIF) (FSE: T0P) ("TAG Oil" or the "Company") continues to look at expansion opportunities in both unconventional and conventional exploration and production assets in Egypt. As part of the initiative, the Company anticipates that it will be participating in a recently announced open bid for various blocks in Egypt by the Egyptian National Petroleum for Exploration and Development Company ("ENPEDCO"). The proc ...