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Carter Bankshares, Inc. Announces First Quarter 2025 Financial Results
MARTINSVILLE, VA / ACCESS Newswire / April 24, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $9.0 million, or $0.39 diluted earnings per share ("EPS"), for the first quarter of 2025 compared to net income of $8.3 million, or $0.36 diluted EPS, for the fourth quarter of 2024 and net income of $5.8 million, or $0.25 diluted EPS, for the first quarter of 2024. Pre-tax pre-provision income1 was $9.0 million for the first quarter of 2025, $5.6 million for the fourth quarter of 2024 and $7.2 million for the first quarter of 2024.
PureCycle Provides Update on BOPP Film Trials
ORLANDO, FL / ACCESS Newswire / April 24, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced progress on the use of PureFive™ resin in industrial biaxially oriented polypropylene (BOPP) film trials. The latest trials were conducted by Brückner Maschinenbau GmbH, the world's leading supplier of production lines for manufacturing a wide range of stretched films, based in Siegsdorf, Germany.
Stabilis Solutions Announces First Quarter 2025 Conference Call and Webcast Date
HOUSTON, TEXAS / ACCESS Newswire / April 24, 2025 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last-mile delivery solutions for many of the world's most recognized, high-performance brands, today announced that it will issue first quarter 2025 results after the U.S. markets close on Wednesday, May 7, 2025. A conference call will be held on Thursday, May 8, 2025 at 9:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
Sheikh Dr. Rafa Halabi from Mount Carmel Israel Urges Global Unity to Address Critical Threat from Siberian Magma Plume
DALIYAT AL KARMEL, IL / ACCESS Newswire / April 24, 2025 / Sheikh Dr. Rafa Halabi, a respected Druze leader from Mount Carmel, Israel, delivered an urgent message to the global community regarding a potential profound geodynamic threat that imperils the entire planet. Speaking from his Residence in Daliyat al-Karmel, from Mount Carmel, Sheikh Dr. Rafa Halabi emphasized the interconnectedness of the world and the critical need for international cooperation to address a potentially dangerous phenomenon unfolding beneath Siberia, a region of Russia.
White Cloud Wealth Management Shares Smart Tax Strategy for Charitable Giving: Bunching Deductions
MERIDIAN, IDAHO / ACCESS Newswire / April 24, 2025 / High-income earners and charitably inclined individuals now have a powerful tool for optimizing their tax returns: bunching. In a new post by Wealth Management Advisor Jacob Nye, White Cloud Wealth Management outlines how strategic itemizing and timing of charitable contributions can significantly reduce taxable income.
YouTube says more than 20 billion videos uploaded in 20 years
YouTube on Wednesday celebrated more than 20 billion videos being uploaded to the platform since the first clip debuted two decades ago.
Mogul Weinstein made sex attack victims 'feel small,' jury told
Prosecutors opening Hollywood mogul Harvey Weinstein's rape and sexual assault retrial described Wednesday how he ignored his victims' pleas to stop and abused his position to make them "feel small."
I.Coast opposition calls marches against leader's eviction from electoral race
Ivory Coast's main opposition party has called for "marches" outside courts on Thursday, six months ahead of a presidential election, in protest against the removal of its candidate from the race.
Prosecutors at Harvey Weinstein rape retrial say he made women 'small'
Prosecutors in Hollywood mogul Harvey Weinstein's rape and sexual assault retrial decribed how he ignored pleas to stop and abused his position to make his victims "feel small," as an majority-female New York jury heard opening statements on Wednesday.
200 French media groups sue Meta over 'unlawful' advertising: lawyers
Around 200 French media groups, including leading television channels and newspapers, are taking legal action against Meta, the owner of Facebook and Instagram, over its online advertising practices, their lawyers announced on Wednesday.
Boeing says China not accepting planes over US tariffs
Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss.
IMF warns of 'intensified' risks to public finances amid US trade war
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
IMF warns of 'intensified' risks to outlook for public finances
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
WEF confirms investigation into claims against founder Schwab
The World Economic Forum confirmed Wednesday that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompting his resignation this week.
At night, crime and fear stalk DR Congo's M23-run areas
Every morning the Congolese city of Bukavu, now under the control of the Rwanda-backed M23 movement, counts its dead.
Tokyo's newest art star: one-year-old Thumbelina
Gripping paintbrush and crayon, the artist known as Thumbelina splodges and splats with merry abandon, the one-year-old star of a Tokyo exhibition that goes on way past her bedtime.
'Everyday attack' - Trans youth coming of age in Trump's America
Lorelei Crean, 17, is busy visiting colleges, finishing schoolwork, and trying to enjoy Spring Break like any other American teenager.
Commencement Bancorp, Inc. (CBWA) Announces First Quarter 2025 Results
2025 First Quarter Financial Highlights:Net income was $1.3 million compared to $539,000 for the fourth quarter of 2024.Loans receivable increased $6.7 million, or 5.83% annualized growth rate.Net interest margin increased 22 basis points ("bps") to 3.96% from 3.74% for the fourth quarter of 2024.Total cost of deposits decreased 14 bps to 1.53% from 1.67% for the fourth quarter of 2024.The Bank had no nonperforming assets during the first quarter of 2025.Headquarters was moved to 1313 Broadway, Suite 400 Tacoma, WA (Commencement Bank Plaza).Capital ratios remained well above regulatory requirements.
PureCycle Schedules First Quarter 2025 Corporate Update
ORLANDO, FL / ACCESS Newswire / April 23, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Wednesday, May 7, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call.
Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share
AURORA, IL / ACCESS Newswire / April 23, 2025 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the first quarter of 2025. Our net income was $19.8 million, or $0.43 per diluted share, for the first quarter of 2025, compared to net income of $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2024, and net income of $21.3 million, or $0.47 per diluted share, for the first quarter of 2024. Adjusted net income, a non-GAAP financial measure that excludes certain nonrecurring items, as applicable, was $20.6 million, or $0.45 per diluted share, for the first quarter of 2025, compared to $20.0 million, or $0.44 per diluted share, for the fourth quarter of 2024, and $21.2 million, or $0.47 per diluted share, for the first quarter of 2024. The pre-tax adjusting items impacting the first quarter of 2025 included the exclusion of $570,000 of mortgage servicing rights ("MSRs") mark to market losses, and $454,000 of transaction-related expenses primarily from the First Merchants Bank ("FRME") branch purchase in December 2024 as well as the pending merger with Bancorp Financial, Inc. ("Bancorp Financial") that was announced in late February 2025. The adjusting items impacting the fourth quarter of 2024 included the exclusion of $385,000 of MSRs mark to market gains and $1.5 million of transaction-related expenses due to the FRME branch purchase. The adjusting item impacting the first quarter of 2024 included the exclusion of $94,000 of MSRs mark to market gains. See the discussion entitled "Non-GAAP Presentations" below and the tables beginning on page 17 within the full earnings release found at www.oldsecond.com under the investor relations tab, that provide a reconciliation of each non-GAAP measure to the most comparable GAAP equivalent.
ESSA Bancorp, Inc. Announces Fiscal Second Quarter and Fiscal First Half 2025 Financial Results
STROUDSBURG, PA / ACCESS Newswire / April 23, 2025 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.2 billion asset financial institution providing full service commercial and retail banking, asset management and trust, and investment services in eastern Pennsylvania, today announced financial results for the fiscal second quarter and fiscal first half periods ended March 31, 2025.
Dominic Hunter Joins Smith-Midland as Chief Financial Officer
MIDLAND, VA / ACCESS Newswire / April 23, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, announces the appointment of Dominic L. Hunter as Chief Financial Officer, effective April 17, 2025.
The Jonus Group Names Erica Wessel Chief Sales Officer
New CSO Joins Jonus to Drive Growth and National Expansion
The Eastern Company Announces Timing of First Quarter Fiscal Year 2025 Earnings Release and Conference Call
Attention: new time at 9:00 AM ET
What Happens if You Can’t Afford Your Car Loan?
NEW YORK CITY, NY / ACCESS Newswire / April 23, 2025 / While most of us do our best to stay on top of our finances, circumstances can change in an instant. The inability to meet a financial obligation like a car loan can be the result of any number of events, including financially overextending yourself. This could happen with a personal loan to buy a car or with dealer financing. If you find yourself in one of these difficult situations, there are several actions you can take.
Make Global Philanthropy a Part of Your Wealth Strategy and Legacy
NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Picture a wealth management approach that makes the most of your charitable impact while building your legacy for generations. Welcome to the world of global philanthropy.
Lifetime Products Appoints Kevin Romer as Chief Financial Officer
Kevin brings more than two decades of experience at Lifetime Products, most recently serving as Vice President of Sales for the Sporting Goods and Coolers divisions. Over his 21-year career with Lifetime, he has also held roles as Sales Assistant and Sales Manager, helped launch three major product categories, and overseen the Customer Service department. Kevin is a trusted leader known for his strategic thinking, integrity, and results-oriented approach.
Coastal Carolina Bancshares, Inc. Reports First Quarter Earnings
MYRTLE BEACH, SC / ACCESS Newswire / April 23, 2025 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the first quarter of 2025. The Company reported net income of $2,377,289 or $0.38 per share for the three months ended March 31, 2025, compared to $2,663,997 or $0.42 per share for the prior quarter ended December 31, 2024, and $1,650,696 or $0.26 per share for three months ended March 31, 2024.
White Cloud Wealth Management Educates Widows and Families on Maximizing Social Security Survivors Benefits
Understanding how these benefits work and when to claim them can significantly impact your long-term financial security.
Upcoming Webinar: "Adapt or Decline" - How Forward-Thinking Lenders Are Future-Proofing Their Operations
Vero, SBS, and Baringa to Host Webinar on Modernizing Asset Finance in an Uncertain Economy
Tarvis Announces Client Success: Amador Bilingual Signs with Leading Talent Agency CESD
Strategic Collaboration Positions Bilingual Voiceover Duo for Expanded Industry Impact
IMA Renews its Commitment to the ASEAN Federation of Accountants
Joscel Delos Cielos of the Philippines to also serve as delegate for IMA