Workflow
Financial Services
icon
Search documents
B. Riley Financial to Host Call to Discuss Fiscal Year 2024 Results and a Preliminary Financial and Business Update for 1H2025 on Wednesday, August 13, 2025
Prnewswire· 2025-07-29 11:00
LOS ANGELES, July 29, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("BRF" or the "Company"), a diversified financial services company, today announced it will host a conference call to discuss its financial performance for the year-ended December 31, 2024, as well as provide a preliminary financial and business update for the six-months ended June 30, 2025 on Wednesday, August 13, 2025 at 4:30 PM ET (1:30 PM PT). Bryant Riley, Chairman and Co-CEO, Tom Kelleher, Co-CEO, and Scott Yessner, CFO ...
LPL Financial (LPLA) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-07-29 05:06
Core Viewpoint - Analysts forecast LPL Financial Holdings Inc. (LPLA) will report quarterly earnings of $4.21 per share, reflecting an 8.5% year-over-year increase, with revenues expected to reach $3.77 billion, a 28.4% increase compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 1.1%, indicating a reassessment of initial projections by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenue- Commission' at $1.05 billion, indicating a year-over-year change of +33.2% [5]. - 'Revenue- Service and fee' is projected at $149.76 million, reflecting a +10.9% change year-over-year [5]. - 'Revenue- Asset-based fees' is expected to reach $712.84 million, showing an +18.6% increase from the previous year [5]. - 'Revenue- Advisory' is forecasted at $1.72 billion, suggesting a +33.6% year-over-year change [6]. - The consensus for 'Revenue- Transaction' stands at $66.54 million, indicating a +12.9% change from the prior year [6]. Asset Metrics - Total Advisory and Brokerage Assets are expected to reach $1,893.67 billion, up from $1,497.80 billion in the same quarter last year [7]. - 'Total Advisory and Brokerage Assets - Advisory Assets' is projected at $1,042.21 billion, compared to $829.10 billion a year ago [7]. - The number of advisors is expected to reach 29,894, up from 23,462 in the previous year [7]. - 'Net New Assets (NNA) - Net new advisory assets' is forecasted at $22.57 billion, down from $26.80 billion in the same quarter last year [7]. Net New Assets - Analysts predict 'Total Net New Assets' will arrive at $26.19 billion, compared to $34.00 billion a year ago [8]. - 'Net New Assets (NNA) - Net new brokerage assets' is expected to reach $3.61 billion, down from $7.20 billion in the previous year [8]. Stock Performance - Shares of LPL Financial have experienced a +4.1% change in the past month, compared to a +4.9% move of the Zacks S&P 500 composite [8].
X @The Wall Street Journal
Shareholders backed a plan by U.K. payments company Wise to move its main stock listing to the U.S. and extend supervoting rights for a decade, despite opposition from a co-founder https://t.co/XBJbWRCwlZ ...
Cohen & Company Sets Release Date for Second Quarter 2025 Financial Results
Globenewswire· 2025-07-28 20:15
PHILADELPHIA and NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the second quarter 2025 on Thursday, July 31, 2025. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that day to discuss these results. The conference call will be available via webcast. Interested parties can access the webcast by clicking the webcast link on the Company’s homepage at www.cohenandcompany.com. Those wishing to listen to the con ...
4 Stocks Planning to Substantially Boost Buybacks After Solid Q2
MarketBeat· 2025-07-28 20:11
Core Viewpoint - The current earnings season has seen several companies announce significant increases in share buyback authorizations, which can positively impact their earnings per share and share prices. Group 1: Charles Schwab - Charles Schwab reported strong earnings on July 18, beating estimates on both sales and adjusted EPS, leading to a 3% increase in share price [2][3] - On July 24, Schwab announced a new buyback authorization of $20 billion, nearly tripling its previous capacity of $6.9 billion, which represents 11.3% of its market capitalization [3][4] Group 2: D.R. Horton - D.R. Horton experienced a nearly 17% surge in shares after reporting fiscal Q3 2025 earnings on July 22, significantly exceeding sales and adjusted EPS estimates [7][9] - The company plans to increase buyback spending to between $4.2 billion and $4.4 billion for fiscal 2025, up from a previous forecast of $4 billion, indicating a commitment to reducing its share count by 1.4% to 1.9% next quarter [8][9] Group 3: Bank of America - Bank of America announced a substantial increase in its buyback capacity to $40 billion from $9.1 billion, which is approximately 11.1% of its market capitalization [10][11] - The bank reported solid earnings on July 16, beating adjusted EPS estimates but slightly missing on sales, with shares up around 5% since the report [12] Group 4: Teledyne Technologies - Teledyne Technologies reported record revenue of $1.5 billion for Q2, beating sales and adjusted EPS estimates, although shares fell slightly post-results [14][15] - The company announced a new $2 billion buyback authorization, doubling its previous capacity and representing 7.7% of its market capitalization [15][16] Group 5: Overall Market Implications - The trend of increasing buybacks among these firms reflects management confidence in their businesses and a commitment to returning capital to shareholders, which is seen as a positive signal for investors [16]
Top Founder-Run Company Stocks That Are Outperforming the Market
ZACKS· 2025-07-28 18:35
Founder-Run Companies Overview - Founder-run companies constitute less than 5% of the S&P 500 index but account for nearly 15% of the total index's market capitalization, highlighting their significant impact on the market [2] - Notable founder-led companies include NVIDIA, Amazon, Meta, Tesla, Berkshire Hathaway, and Netflix, with technology firms leading the market capitalization [2] Performance and Investment Potential - Founder-led companies have shown superior performance, with a Harvard Business Review study indicating a market-adjusted return of 12% over three years, compared to a negative 26% for companies with professional CEOs [6] - Current appealing stocks in the founder-run category include Netflix, Meta, DoorDash, and Robinhood Markets [6] Meta Platforms - Meta, with a market capitalization of $1.8 trillion, is the largest social media platform and has a first-mover advantage in social networking [8] - The company is focusing on AI tools to enhance business messaging and customer support, with expectations of reaching over 1 billion users with its AI assistant [9] - Meta is investing heavily in AI infrastructure and developing augmented reality technologies through partnerships, which will drive long-term growth [10] Netflix - Netflix, valued at $502.7 billion, transitioned from a DVD rental service to a leading streaming provider, supported by a diverse content portfolio [11][12] - The company is aggressively investing in original content to maintain its market position against competitors like Disney+ and Apple TV+ [13] - Netflix's 2025 revenue projections range from $43.5 billion to $44.5 billion, with an operating margin of 29% [15] Robinhood Markets - Robinhood, with a market capitalization of $92.5 billion, is expanding its services internationally, including tokenized U.S. stocks for EU investors [16][17] - The company operates nine business lines, each generating over $100 million in annualized revenues, and aims to diversify its revenue streams [18] - Robinhood is focused on becoming a global player, expanding into the Asia-Pacific region, and currently holds a Zacks Rank 1 [19] DoorDash - DoorDash, valued at $105.9 billion, is the largest food delivery platform in the U.S. with a 56% market share [20][21] - The company is enhancing its logistics efficiency and advertising contributions, which are positively impacting its margins [21] - DoorDash is pursuing international expansion through acquisitions and partnerships to strengthen its market position [21]
Anthony Pompliano’s ProCap BTC LLC and Columbus Circle Capital Corp I Amend Business Combination Agreement to Provide Columbus Circle Capital Corp I Public Shareholders with Opportunity for Bitcoin Appreciation
Globenewswire· 2025-07-28 14:43
Core Viewpoint - ProCap BTC and Columbus Circle Capital Corp I have amended their business combination agreement to enhance shareholder value by providing exposure to Bitcoin price appreciation for CCCM public shareholders who do not redeem their shares [1][4] Financial Overview - ProCap BTC raised over $750 million in June 2025, including $516.5 million from a preferred equity offering, which was used to acquire 4,950 Bitcoin at an average price of $104,343 [2] - As of July 27, 2025, the value of the purchased Bitcoin is approximately $588.6 million, based on a Bitcoin price of $118,900 [2] Business Combination Agreement Details - The agreement stipulates that if the value of the purchased Bitcoin exceeds the signing price at closing, ProCap BTC unitholders will receive additional shares of ProCap Financial based on their ownership [3] - Adjustment shares will be allocated according to a predetermined formula, with 85% going to preferred equity investors and the remaining 15% initially allocated to Inflection Points Inc. but now redirected to CCCM public shareholders who do not redeem their shares [4] Company Background - ProCap BTC is a Bitcoin-native financial services firm founded by Anthony Pompliano, who is recognized as a leading voice on Bitcoin [6] - ProCap Financial, the resulting entity from the business combination, aims to develop profit-generating products and services tailored for large financial institutions and institutional investors [6] Management Team - Columbus Circle Capital Corp I is led by experienced investment bankers, including Chairman and CEO Gary Quin, COO Dan Nash, and CFO Joseph W. Pooler, Jr., who collectively bring extensive expertise in M&A, private equity, and capital markets [7]
Anthony Pompliano's ProCap BTC LLC and Columbus Circle Capital Corp I Amend Business Combination Agreement to Provide Columbus Circle Capital Corp I Public Shareholders with Opportunity for Bitcoin Appreciation
GlobeNewswire News Room· 2025-07-28 14:43
Core Viewpoint - ProCap BTC and Columbus Circle Capital Corp I have amended their business combination agreement to enhance exposure for CCCM public shareholders to Bitcoin price appreciation through ProCap BTC's holdings [1][2] Group 1: Business Combination Details - The amendment allows CCCM public shareholders who do not redeem their shares to receive additional common stock in the new entity, ProCap Financial [1][4] - ProCap BTC raised over $750 million for the business combination, acquiring 4,950 Bitcoin at an average price of $104,343, with the current Bitcoin price at approximately $118,900, valuing the holdings at $588.6 million [2] - If the value of the Bitcoin at closing exceeds the signing price, ProCap BTC unitholders will receive additional shares based on their ownership [3] Group 2: Share Allocation - 85% of the adjustment shares will be allocated to preferred equity investors, while the remaining 15% will now be allocated to CCCM public shareholders who do not redeem their shares [4] - This reallocation was made under the recent amendment to the agreement [4] Group 3: Company Background - ProCap BTC is a Bitcoin-native financial services firm founded by Anthony Pompliano, who has significant experience in private investments and is a prominent voice in the Bitcoin community [6] - ProCap Financial, the resulting company from the business combination, aims to provide profit-generating products and services tailored for large financial institutions and institutional investors [6][7] Group 4: Market Perspective - The ProCap Financial team views Bitcoin as a new benchmark for investment returns, suggesting that investors must either outperform Bitcoin or invest in it directly [5]
Bull of the Day: Charles Schwab (SCHW)
ZACKS· 2025-07-28 11:12
Core Insights - The Charles Schwab Corp. achieved record revenue and earnings per share in Q2 2025, with a revenue growth of 25% [1][3] - The company operates various financial services, including wealth management and securities brokerage, with significant client assets totaling $10.8 trillion [1][2] Financial Performance - Schwab reported earnings of $1.14 per share, surpassing the Zacks Consensus estimate of $1.09, marking the 10th consecutive quarter of beating estimates [3] - Net revenue reached a record $5.9 billion, reflecting a 25% increase [3] - Total client assets increased by 14% year-over-year to $10.76 trillion [3] Asset Growth - Core net new assets rose by 31% to $80.3 billion, contributing to a year-to-date asset gathering of $218 billion, which is up 39% year-over-year [4] - New brokerage account openings increased by 11% year-over-year to 1.1 million, bringing total active brokerage accounts to 37.5 million [4] - Daily average trading volume increased by 38% year-over-year, reaching 7.6 million [4] Analyst Outlook - Analysts are optimistic about Schwab's performance for 2025 and 2026, with 9 earnings estimates revised higher for both years [5][6] - The Zacks Consensus Estimate for 2025 has increased to $4.56, indicating a 40.3% growth from last year's earnings of $3.25 [5] - For 2026, the consensus is now $5.35, reflecting a 17.4% growth [6] Shareholder Initiatives - Schwab's Board of Directors authorized a new $20 billion stock buyback plan, replacing the previous authorization of $6.9 billion [9] - The company also pays a dividend with a current yield of 1.1% [10] Stock Performance - Schwab shares have reached new all-time highs, with a year-to-date increase of 31.5%, outperforming the S&P 500 [7][11] - The stock is currently trading at a forward P/E ratio of 21.2, which is in line with the S&P 500, and has a PEG ratio of 0.94, indicating a combination of growth and value [12] Investment Consideration - Schwab is positioned as a large-cap financial services company with double-digit earnings growth and attractive valuations, making it a potential investment opportunity [13]
【BCR实力认证】荣获天眼9.12高分+PI保险双重背书,安全再升级
Cai Fu Zai Xian· 2025-07-28 10:23
GBCR 闪电出入 即刻到账 BCR稳稳的安全感 BCR Co Pty Ltd 在真实用户的反馈中,BCR的交易体验同样广受好评。用户普遍表示,平台在点差稳定性、出入金效 率、交易执行速度以及客服响应方面都展现出专业与高效。无论是日常的小额交易,还是涉及较高资金 的长期投资,用户都能够明显感受到平台在风控和合规管理上的严谨态度。而PI保险的存在,让更多用 户在大额交易时获得额外的安心感,这也是BCR能够长期赢得客户信赖的原因之一。 BCR始终认为,安全与合规是金融服务的根基。未来,我们将继续加强技术投入与合规建设,持续优化 交易环境,提供更加透明高效的服务体验。同时,BCR也将积极与更多国际权威监管机构与保险机构合 作,进一步提升平台的全球竞争力与安全保障体系,让更多投资者放心选择、安心交易。 选择BCR,意味着选择一个经得起市场检验、拥有天眼9.12高分评级与PI保险双重保障的专业平台。我 们承诺,将始终与用户并肩前行,让每一笔交易都更加安心、透明与值得信赖。 在全球金融市场竞争日益激烈的背景下,合规、安全与服务体验成为衡量一家交易平台是否值得信赖的 核心标准。作为一家深耕金融服务多年的国际平台,BCR始终 ...