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Uwharrie Capital Corp Year-End 2025 - Earnings Release
Prnewswire· 2026-02-10 22:56
Core Insights - Uwharrie Capital Corp reported a consolidated total asset increase to $1.20 billion as of December 31, 2025, up from $1.13 billion in 2024, marking a $68 million or 6% growth for the year [1] - The net income for the twelve-month period ending December 31, 2025, was $11.4 million, compared to $9.9 million for the same period in 2024, reflecting a year-over-year increase of $1.5 million or 15% [1] - Net income available to common shareholders was $10.8 million or $1.49 per share for the twelve months ended December 31, 2025, compared to $9.3 million or $1.26 per share for the same period in 2024 [1] Financial Performance - The increase in total assets was primarily driven by growth in customer deposits across multiple deposit product sectors [1] - The improvement in net income is attributed to growth in margin from an increase in loans held by the company while maintaining appropriate credit quality levels [1] Company Overview - Uwharrie Capital Corp provides a full range of financial solutions through its subsidiaries, Uwharrie Bank and Uwharrie Investment Advisors [1]
Fiserv Q4 Earnings Beat Estimates, Revenues Decline 7% Y/Y
ZACKS· 2026-02-10 17:25
Key Takeaways Fiserv Q4 EPS beat estimates, while adjusted revenues missed and fell 6.7% y/y.FISV saw flat y/y processing revenues, 3.6% rise in product revenues and merchant solutions missing estimates.FISV guided 2026 revenue growth of 1-3% and EPS of $8-$8.3, with cash and debt down q/q.Fiserv, Inc. (FISV) has reported mixed fourth-quarter 2025 results, wherein earnings beat the Zacks Consensus Estimate, while revenues missed the same.FISV’s adjusted earnings per share of $1.99 surpassed the consensus ma ...
Reinsurance Group of America, Incorporated (NYSE:RGA) Analysts Show Growing Confidence
Financial Modeling Prep· 2026-02-05 02:00
Core Viewpoint - Reinsurance Group of America (RGA) is a leading global provider in the life and health reinsurance sector, with a positive outlook reflected in the increasing consensus price target from analysts [1][2][6] Price Target Trends - The average price target for RGA has risen from $219.63 a year ago to $237.50 last month, indicating a significant increase of $17.87 over the year and $9.25 over the last quarter [2][4][3] - Wells Fargo has set a price target of $238 for RGA, aligning with the positive sentiment from analysts regarding the stock's potential upside [2][6] Analyst Sentiment - Analysts have shown growing confidence in RGA's performance, as evidenced by the increase in the average price target and the positive Zacks Rank system, which highlights RGA as a promising stock despite some limitations [3][4] - The consensus price target increase reflects a strong upward trend in analyst expectations, suggesting optimism about RGA's growth potential [4][6] Earnings Expectations - RGA is expected to experience earnings growth, although it may not achieve an earnings beat in the upcoming fourth-quarter report scheduled for February 5 [5]
Univest Financial Corporation to Hold Fourth Quarter 2025 Earnings Call
Globenewswire· 2026-01-08 15:00
Core Viewpoint - Univest Financial Corporation will host a conference call to discuss its fourth quarter 2025 earnings on January 29, 2026, with earnings released after market close on January 28, 2026 [1]. Group 1: Conference Call Details - The conference call is scheduled for January 29, 2026, at 9:00 a.m. [1] - Participants can pre-register for the call to avoid delays using a provided link [2]. - The audio dial-in number for the call is 1-833-470-1428, with an access code of 927698 [2]. Group 2: Replay Information - A replay of the conference call can be accessed by dialing 1-866-813-9403 with the replay code 393949 [3]. - The replay will be available until February 5, 2026 [3]. Group 3: Company Overview - Univest Financial Corporation has approximately $8.6 billion in assets and $5.7 billion in assets under management as of September 30, 2025 [3]. - The company provides a full range of financial solutions for individuals, businesses, municipalities, and nonprofit organizations primarily in the Mid-Atlantic Region [3]. - Univest operates through a network of more than 50 offices and online services [3].
Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Wednesday, January 28
Globenewswire· 2026-01-06 22:00
Core Viewpoint - Alerus Financial Corporation will release its fourth quarter financial results on January 28, 2026, followed by a conference call on January 29, 2026, to discuss these results with analysts and institutional investors [1][2]. Company Overview - Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider, headquartered in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area [3]. - The company offers a range of financial solutions through its subsidiary, Alerus Financial, National Association, including banking, wealth services, and retirement and benefit plans [3]. - Alerus operates 27 banking and commercial wealth offices across various locations, including North Dakota, Minnesota, Iowa, Wisconsin, and Arizona [3].
Bank OZK Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-12-30 21:01
LITTLE ROCK, Ark., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report its fourth quarter and full year 2025 earnings after the market closes on Tuesday, January 20, 2026. Management’s comments on the fourth quarter and full year 2025 will be released simultaneously with the earnings press release and financial supplement which will be available on the Bank’s investor relations website. Management will conduct a conference call to take questions at 7:30 a.m. CT (8:30 a ...
First Financial gets regulatory approval for BankFinancial acquisition
Yahoo Finance· 2025-12-16 11:48
Core Viewpoint - First Financial has received regulatory approval for its acquisition of BankFinancial, which is valued at approximately $142 million in an all-stock deal [1][2]. Group 1: Acquisition Details - The acquisition agreement allows BankFinancial shareholders to receive 0.48 shares of First Financial for each share they hold [1]. - The merger has been unanimously approved by the boards of directors of both companies and is expected to close by January 1, 2026, pending customary closing conditions and shareholder approval [2]. Group 2: Strategic Implications - This acquisition is aimed at expanding First Financial's presence in the Chicagoland area, where BankFinancial operates 18 financial centers [2]. - Upon completion, First Financial will take over BankFinancial's consumer and wealth management services, along with all its employees, and will add selected commercial credit lines to its existing operations [3]. Group 3: Recent Acquisitions - Last month, First Financial completed the acquisition of Westfield Bancorp and its subsidiary, Westfield Bank, in a cash-and-stock transaction valued at $325 million [4]. - The retail locations and services of Westfield Bank will operate under First Financial's network until the conversion process is completed, which is anticipated by March 2026 [4].
H&R Block’s (NYSE:HRB) Q3: Beats On Revenue
Yahoo Finance· 2025-11-06 21:55
Core Insights - H&R Block reported Q3 CY2025 results that exceeded Wall Street's revenue expectations, with sales increasing by 5% year-on-year to $203.6 million [1] - The company anticipates full-year revenue to be approximately $3.89 billion, aligning closely with analysts' estimates [1] - The non-GAAP loss per share was $1.20, which was 11.3% better than analysts' consensus estimates [1] Company Overview - H&R Block, founded in 1955, specializes in tax preparation and offers professional tax assistance and financial solutions to individuals and small businesses [4] Revenue Growth - The company has experienced a sluggish annualized revenue growth of 5.3% over the last five years, which is below the standard for the consumer discretionary sector [5] - Recent performance indicates a slowdown in demand, with an annualized revenue growth of 4.2% over the last two years, also below the five-year trend [6] Financial Highlights - Revenue for Q3 was $203.6 million, surpassing analyst estimates of $200.6 million, reflecting a 5% year-on-year growth [7] - Adjusted EPS was -$1.20, beating analyst estimates of -$1.35 by 11.3% [7] - Adjusted EBITDA was -$170 million, better than the expected -$202.8 million, with an EBITDA margin of -83.5% [7] - The company reaffirmed its full-year revenue guidance of $3.89 billion and adjusted EPS guidance of $4.93 [7] - EBITDA guidance for the full year is set at $1.03 billion, consistent with analyst expectations [7] - The operating margin improved to -106%, up from -118% in the same quarter last year [7] - Free cash flow was reported at -$370 million, compared to -$347.3 million in the same quarter last year [7] - Market capitalization stands at $6.47 billion [7]
Uwharrie Capital Corp Third Quarter 2025 - Earnings Release and Dividend Declaration
Prnewswire· 2025-10-29 16:36
Accessibility StatementSkip Navigation ALBEMARLE, N.C., Oct. 29, 2025 /PRNewswire/ -- Uwharrie Capital Corp (OTCQX: UWHR) and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.22 billion at September 30, 2025, versus $1.13 billion at December 31, 2024. Net income for the nine-month period ended September 30, 2025, was $8.3 million versus $7.6 million for the same period in 2024. For the nine months ended September 30, 2025, net income available to common shareholders was $ ...
Provident Bank Announces $63,000 in Grants to Eight New Jersey Non-Profit Organizations
Globenewswire· 2025-10-23 12:00
Core Points - Provident Bank awarded $63,000 in grants to eight local non-profit organizations through its Community Partnership Program, focusing on community development, economic empowerment, financial literacy, and housing in low- and moderate-income areas of New Jersey [1][4][6] - The Community Partnership Program demonstrates Provident Bank's commitment to collaborating with non-profits to support long-term economic prosperity in the communities it serves [2][6] - The non-profit recipients include organizations dedicated to affordable housing, education, financial resources, and community empowerment, such as the Urban League of Essex County and Ironbound Community Corporation [4][5] Summary by Category Funding and Grants - Provident Bank provided a total of $63,000 in grants to eight local non-profits, supporting initiatives that promote community development and economic empowerment [1][4] - The funding aims to enhance financial literacy and education, as well as housing and homeownership opportunities in low- and moderate-income communities [1][4] Community Impact - The awarded organizations are making significant contributions to their communities, focusing on affordable housing, education access, and economic self-sufficiency [4][5] - Notable recipients include the Housing Partnership, which promotes responsible homeownership, and NORWESCAP, which creates opportunities for low-income families [4][5] Organizational Commitment - Since July 2023, Provident Bank has partnered with over a dozen local non-profits through the Community Partnership Program, emphasizing economic opportunity and sustainable growth [5][6] - The bank's initiatives are designed to uplift local residents and strengthen community ties, reflecting its dedication to fostering inclusive economic development [6][7]