Cavco Industries Inc (Nasdaq: CVCO) said on Monday it would acquire American Homestar Corporation, the Houston-based maker of Oak Creek Homes, for $190 million in cash to deepen its footprint across Texas and neighboring states. The deal, expected to close in Cavco’s fiscal Q3 2026 pending regulatory approvals, marks a strategic investment aimed at scaling…
WICHITA: Equity Bancshares, Inc. (NYSE: EQBK), the parent company of Equity Bank, reported second-quarter net income of $15.3 million, or $0.86 per diluted share, for the period ending June 30, 2025, the company announced Tuesday. Adjusted earnings, excluding $1.7 million in expenses tied to its recently completed merger with NBC Corp. of Oklahoma and debt…
NASHVILLE: FB Financial Corporation (NYSE: FBK), parent company of FirstBank, reported second-quarter net income of $2.9 million, or 6 cents per diluted common share, marking a sharp decline from 84 cents in the previous quarter and 85 cents a year earlier. Adjusted net income reached $40.8 million, or 88 cents per diluted share, up from…
1st Summit Bancorp of Johnstown reports a 50.8% jump in second-quarter earnings for 2025, driven by stronger asset yields, strategic funding optimization, and disciplined cost control.
MTY Food Group reported a sharp rise in Q2 2025 net income to C$57.3M, supported by strong Canadian sales and strategic initiatives to offset U.S. softness. Adjusted EBITDA fell 5%.
OSLO: Norwegian engineering company Aker Solutions reported a strong second quarter performance on Thursday, backed by high project activity and continued momentum in its core markets. Second-quarter revenue rose to NOK 15.2 billion ($1.43 billion), up from NOK 12.8 billion in the same period last year, as the company executed key milestones including installation of…
OSLO: DNB Boligkreditt AS, the covered bond subsidiary of DNB Bank ASA, posted a second-quarter profit of NOK 918 million, a substantial rise from NOK 592 million in the same period last year, driven by stronger net interest income and expanded lending volumes. Total income for the quarter reached NOK 1.49 billion, up from NOK…
OSLO: DNB Bank ASA reported a second-quarter post-tax profit of NOK 10.4 billion ($980 million), down 3% from NOK 10.8 billion a year earlier, as strong growth across customer segments offset the impact of increased operating expenses and macroeconomic uncertainty. Pre-tax operating profit before impairment stood at NOK 13.8 billion, slightly below NOK 14.1 billion…
PARIS: Clinical-stage biotech Biophytis SA (Euronext Growth: ALBPS) reported significantly reduced losses for 2024 and outlined ambitious clinical plans for obesity and sarcopenia treatments, while flagging a critical funding gap threatening its operations beyond Q3 2025. The company’s net loss shrank to €10.4 million in 2024, down sharply from €17.0 million in 2023, driven by…
LONDON: Polar Capital Technology Trust PLC (PCT.L) reported a 3.1% rise in net asset value (NAV) per share to 325.20 pence for the financial year ending April 30, 2025, up from 315.41 pence a year earlier. The trust’s total net assets reached £3.80 billion, reflecting resilience despite geopolitical turbulence and sharp market swings driven by…
LONDON: Celebrus Technologies plc (AIM: CLBS), a leading data solutions provider, announced its financial results for the year ended 31 March 2025, highlighting double-digit growth in annual recurring revenue (ARR) and improved profitability despite macroeconomic challenges. The company reported a 13.9% increase in ARR to $18.8 million, driven by new customer wins and upsells. Total revenue…
LONDON: Begbies Traynor Group plc (AIM: BEG), a leading financial and real estate advisory firm, announced its final results for the year ended April 30, 2025, marking a decade of profitable growth and surpassing market expectations across key financial metrics. Financial Performance Operational Highlights The group reported strong performances across both its core divisions: - Business…