Day: April 29, 2022

VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce the preliminary results for its royalty partners for the three months ended March 31, 2022 (“Q1 2022”). Mr. Lube First Quarter Results Mr. Lube Canada Limited Partnership (“Mr. Lube”) generated same-store-sales-growth (“SSSG”)1 of 16.3% for the Mr. Lube stores in the royalty pool for Q1 2022, compared to SSSG of 3.9% for the three months ended March 31, 2021 (“Q1 2021”). DIV expects to report that aggregate royalty income and management fees of $4.8 million were generated from Mr. Lube in Q1 2022, an increase of 32% compared to Q1 2021. The increase was due to a variety of factors including continued growth in Mr. Lube’s maintenance services, tire services and...

Company reports GAAP diluted earnings per share of $1.08 for the quarter, affirms 2022 earnings guidance and announces a $0.63 per share quarterly dividend payable June 30, 2022 BUTTE, Mont. and SIOUX FALLS, S.D., April 28, 2022 (GLOBE NEWSWIRE) — NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended March 31, 2022. Net income for the period was $59.1 million, or $1.08 per diluted share, as compared with net income of $63.1 million, or $1.24 per diluted share, for the same period in 2021. This $4.0 million decrease was primarily driven by lower Montana and Nebraska residential natural gas volumes, higher operating costs, and higher income tax expense. These unfavorable items were partly offset by higher Montana electric transmission revenue and electric retail volumes. “Earnings...

First quarter GAAP earnings per share was $0.77 in 2022 compared to $0.68 in 2021 Reaffirming 2022 earnings guidance range of $2.67 to $2.81 Received verbal approval today for 414 megawatts of additional solar generation in WisconsinMADISON, Wis., April 28, 2022 (GLOBE NEWSWIRE) — Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended March 31 as follows:  GAAP EPS  2022   2021Utilities and Corporate Services $0.73   $0.66American Transmission Company (ATC) Holdings 0.03   0.03Non-utility and Parent 0.01   (0.01)Alliant Energy Consolidated $0.77   $0.68“We had a solid start to the year with more than 25% of our 2022 guidance midpoint coming in the first quarter, and we are reaffirming...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 28, 2022 (GLOBE NEWSWIRE) — Hampton Financial Corporation (TSXV:HFC & HFC.PR.A) is pleased to report its financial performance for the 2nd quarter ended February 28th, 2022. Revenues for the quarter were $3,638,000 vs $4,580,000 in the 2nd quarter of last year; a decrease of 20.6%. Net Income for the period was $187,000 or $0.01 per share compared to $594,000 or $0.02 per share in 2021. EBITDA for the quarter was $483,000 vs $895,000 in the same quarter last year; a decrease of 46.0%. The decrease in the Second quarter results can be attributed to the timing of certain revenue items that will be reflected in the 3rd quarter. For the six-month period ended February 28, 2022, Revenues were a record $9,649,000 vs $6,973,000;...

SAN JOSE, Calif., April 28, 2022 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter 2022 net income of $12.9 million, or $0.21 per average diluted common share, compared to $11.2 million, or $0.19 per average diluted common share, for the first quarter of 2021, and $14.0 million, or $0.23 per average diluted common share, for the fourth quarter of 2021. All results are unaudited. “We delivered solid earnings for the first quarter of 2022, fueled by year-over-year growth in net interest income and noninterest income resulting from healthy loan and deposit growth and the benefit of excellent credit quality,” said Walter Kaczmarek, President and Chief Executive Officer. “Our credit quality continues to be particularly...

Disciplined Loan Growth, Strong Deposit Growth, and Rising Net Interest Margin Highlight Q1 Results Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., April 28, 2022 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the first quarter of 2022 of $20.6 million, or $0.33 per diluted share, which includes merger-related costs and a $5.1 million increase in the provision for credit losses associated with acquisition activity during the quarter. First quarter 2022 results represent a decrease of 43% compared to the fourth quarter of 2021, and a decrease of 39% compared to the first quarter of 2021. Adjusted net income1 for the first quarter of 2022 was $27.1 million, or $0.44 per diluted share, which includes...

SAN FRANCISCO, April 28, 2022 (GLOBE NEWSWIRE) —  The Federal Home Loan Bank of San Francisco (Bank) today announced its operating results for the first quarter of 2022. Net income for the first quarter of 2022 was $78 million, a decline of $16 million compared with net income of $94 million for the first quarter of 2021. The $16 million decrease in net income relative to the prior-year period was primarily attributable to a decrease in net interest income of $55 million, which was partially offset by an increase of $39 million in other income/(loss). The $55 million decrease in net interest income for the first quarter of 2022 primarily reflected a net decline in average interest-earning assets of $8.6 billion, mainly a reduction in investment securities of $10.3 billion. Lower yields on interest-earning assets also decreased...

MANCHESTER, NH, April 28, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products, today announces that it will host a conference call and live webcast on May 11, 2022 at 8:30 a.m. eastern time to discuss the results for the first quarter ended March 31, 2022. Conference Call Details· Toll-Free Dial-In Number:  (866) 393-7958 · International Dial-In Number: (706) 643-5255 · Conference ID: 6197831 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #6197831. Slides for the call will be made available five minutes prior to the call on the investor information section of the Company’s website, https://ir.minim.com/, which will also host the call recording afterwards. About Minim  Minim, Inc. (NASDAQ: MINM) was...

Houston, April 28, 2022 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $158 million for the first quarter of 2022, which equated to $0.36 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $182 million. Total cash available for distribution was $157 million, which is $15 million higher than the prior quarter. The increasewas largely driven by increased volumes across our systems, which were impacted by repairs related to Hurricane Ida in the prior quarter. Repairs to the West Delta facility were completed in early November 2021, such that all Partnership assets were...

VANCOUVER, Wash., April 28, 2022 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $4.1 million, or $0.19 per diluted share, in the fourth fiscal quarter ended March 31, 2022, compared to $5.5 million, or $0.25 per diluted share, in the preceding quarter and $3.4 million, or $0.15 per diluted share, in the fourth fiscal quarter a year ago. For fiscal 2022, net income more than doubled to a record $21.8 million, or $0.98 per diluted share, compared to $10.5 million, or $0.47 per diluted share, in fiscal 2021. “We delivered strong fourth quarter and record fiscal year 2022 results, highlighted by substantial loan growth, strong loan production and solid revenue growth,” stated Kevin Lycklama, president and chief executive officer. “We had exceptional organic loan...