Net profit stands at €1.485 billion; Bank management confirms full-year targets Deutsche Bank reported stronger-than-expected second-quarter net profit of €1.485 billion ($1.748 billion), surpassing the Reuters analyst forecast of €1.2 billion. This performance positions the bank to meet its full-year targets, according to CFO James von Moltke, despite mixed results in its core investment banking…
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BlackRock declares $5.21 dividend amid record ETF flows and HPS acquisition
BlackRock maintains strong momentum despite major client redemption, boosts AUM to $12.5 trillion BlackRock Inc. (NYSE: BLK) on Wednesday reported robust second-quarter earnings and declared a quarterly cash dividend of $5.21 per share, payable on September 23, 2025, to shareholders of record as of September 5, 2025. The world’s largest asset manager posted diluted EPS…
Lockheed Martin profit plunges 80% on $1.6 billion program loss; Cuts 2025 outlook
Lockheed Martin Corp. (NYSE: LMT) reported an 80% drop in second-quarter profit on Tuesday, citing a $1.6 billion pretax charge tied to a classified Aeronautics program and international helicopter contracts. The defense giant also slashed its full-year operating profit forecast by $1.5 billion, or 18%, to $6.65 billion, sending shares down more than 8%2. According…
Inszone Insurance acquires McFarland Commercial Insurance to expand California footprint
REDDING: Inszone Insurance Services, a fast-growing national provider of commercial, personal, and benefits insurance, has acquired McFarland Commercial Insurance Services Inc., a Redding-based agency known for its specialized focus on contractor and property referral coverage. Founded in 2002 and owned since 2006 by Dave McFarland, the agency built a strong reputation across California for its…
Kish Bancorp reports strong Q2 earnings growth; Highlights loan expansion
BELLEFONTE: Kish Bancorp, Inc. (OTCQX: KISB), the parent company of Kish Bank, announced unaudited net income of $3.8 million, or $1.28 per share, for the second quarter of 2025. This represents an increase from $3.6 million ($1.21 per share) in the first quarter of 2025 and $3.1 million ($1.06 per share) in the second quarter…
Agilysys Q1 revenue rises 21%, driven by surge in subscriptions
ALPHARETTA: Agilysys, Inc. (NASDAQ: AGYS) reported record first-quarter revenue for fiscal 2026, as strong demand for subscription-based hospitality software solutions lifted top-line results 20.7% year-over-year. The company posted total revenue of $76.7 million for the quarter ending June 30, up from $63.5 million in the prior-year period. Recurring revenue rose 27.9% to $48.6 million and…
W. R. Berkley reports record Q2 premiums, investment income and equity gains
GREENWICH: W. R. Berkley Corporation (NYSE: WRB) on Monday reported higher second-quarter earnings as the property and casualty insurer posted record net premiums written and investment income. The company said net income attributable to common stockholders was $401.3 million, or $1.00 per diluted share, compared with $371.9 million, or $0.92 per share, a year earlier….
Medpace posts double-digit revenue growth; Raises full-year guidance
CINCINNATI: Medpace Holdings, Inc. (Nasdaq: MEDP) on Tuesday reported double-digit revenue growth for the second quarter ended June 30, 2025, and raised its full-year financial guidance. Revenue rose 14.2% to $603.3 million, up from $528.1 million a year earlier. On a constant currency basis, revenue was up 13.8% year over year. EBITDA increased 16.2% to…
Calix earnings soar 22% as AI-powered platform drives subscriber gains
Calix (NYSE: CALX) beat expectations in Q2 2025, delivering 10% sequential revenue growth and accelerating its broadband platform transformation with agentic AI. Calix reported second-quarter revenue of $241.9 million, up 22% year-over-year, as its broadband experience provider (BXP) customers continued adopting its appliance-based platform, cloud and managed services. The company’s gross margin rose to a…
Century Next Financial reports record earnings in Q2 2025
RUSTON: Century Next Financial Corp. (OTCQX: CTUY), the holding company for Century Next Bank, reported record earnings for the second quarter ended June 30, 2025, driven by strong deposit growth and improved net interest income. Net income rose to $3.94 million, a 28.5% increase from $3.06 million in the same quarter last year. Earnings per…
SLB posts steady second-quarter revenue as global market holds firm
HOUSTON: SLB (NYSE: SLB) reported second-quarter revenue of $8.55 billion, a 1% sequential increase, as steady demand across international markets offset regional slowdowns and subdued upstream spending. The oilfield services provider posted net income of $1.01 billion on a GAAP basis, with diluted earnings per share of $0.74—up 28% sequentially but 4% below the prior-year…
Charles Schwab 2Q profit jumps 60% as investor activity fuels asset surge
The Charles Schwab Corporation posted second-quarter GAAP net income of $2.1 billion, or $1.08 per share, marking a 60% rise from the year-earlier period as robust asset gathering and diversified revenues powered earnings growth. Excluding $128 million in transaction-related costs, adjusted earnings climbed to $2.2 billion, or $1.14 per share. CEO Rick Wurster credited Schwab’s…