Day: April 29, 2024

2024 First Quarter Financial Highlights:Total assets were $186.8 million at quarter end. Asset quality remains pristine with zero nonperforming assets at quarter end. Net interest income of $1.05 million for the first quarter. Net interest margin of 2.42% for the first quarter. Total deposits increased modestly to $140.5 million at March 31, 2024, compared to $139.1 million a year ago. Tangible book value per share increased to $7.74 at quarter end.POULSBO, Wash., April 29, 2024 (GLOBE NEWSWIRE) — Liberty Northwest Bancorp, Inc. (OTCQX: LBNW) (the “Company”) and its wholly-owned subsidiary Liberty Bank today announced earnings of $15 thousand for the first quarter ended March 31, 2024, compared to $1 thousand reported for the fourth quarter ended December 31, 2023, and $9 thousand for the first quarter ended March 31, 2023. Total...

                         Three months ended          March 31,    December 31,      Sequential  2024   2023   change(In millions, except per share amounts and backlog)                      Contract drilling revenues $ 763       $ 741       $ 22    Adjusted contract drilling revenues $ 767       $ 748       $ 19    Revenue efficiency(1)   92.9   %       97.0   %       (4.1 ) %  Operating and maintenance expense $ 523       $ 569       $ (46 )  Net income (loss) attributable to controlling interest $ 98       $ (104 )     $ 202    Diluted earnings (loss) per share $ 0.11       $ (0.13 )     $ 0.24                           Adjusted EBITDA $ 199       $ 122       $ 77    Adjusted EBITDA margin   26.0   %       16.3   %       9.7   %  Adjusted net loss $ (22 )     $ (74 )     $ 52    Adjusted...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) today announced its financial results for the 2nd quarter ended February 29th, 2024. Second Quarter fiscal highlights: Second Quarter ended February 29th, 2024.Q2 Revenues of $1,864,000; a decrease of 25% year-over-year Q2 Net Losses of $(751,000) or $(0.02) per share; an improvement of 17% year-over-year Q2 EBITDA of $(441,000) vs $(437,000) in the comparative quarter last yearSummary of Corporate Developments: The Company’s 2ND quarter results reflect the challenging environment across the Financial Services industry amidst rising interest rates and global uncertainty which continues to delay many financings and broader financial...

         Total Revenue Increased by 3.1% Net Loss per Diluted Share of $0.22 Core FFO per Share of $1.19         Total North America Same Property NOI Increased by 7.9% North America Same Property Adjusted Blended Occupancy for MH and RVIncreased by 180 Basis Points, Year-over-Year Revenue Producing Site Gains of 233, Including 176 Transient-to-Annual RV Site Conversions         Full-Year Core FFO per Share Guidance for 2024 of $7.06 – $7.22 Guidance Range for Full-Year North America Same Property NOI Growth of 4.6% – 5.8% Southfield, April 29, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company” or “SUI”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational...

Annual revenue for fiscal 2023 increases to $88.3 million Gross profit for fiscal 2023 of $29.5 million, a $6.8 million, or 30%, increase from $22.7 million for fiscal 20221Adjusted EBITDA2 for fiscal 2023 increases to $5.5 millionTORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Consolidated Audited Financial Statements (“the Financial Statements”), Management’s Discussion and Analysis (“MD&A”), and associated certifications. The Company will hold its Annual General Meeting (“AGM”) on Friday, June 14th, 2024. Further communication will follow for the benefit of shareholders including details on how to access the AGM both in-person and virtually. As of the date of this release, the Company expects to complete its...

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, today reported financial results for the full year ended December 31, 2023. Management Commentary“In recent months, we’ve successfully executed two major divestitures, significantly streamlining Quisitive’s operations and sharpening our focus on our core mission as a premier provider of Microsoft Cloud and AI solutions,” said Quisitive CEO Mike Reinhart. “The divestiture of our payments division has removed financial constraints, allowing us to reallocate growth enabling resources to our Cloud operations. The foundational strength and competitive edge of Quisitive is our deep partnership with Microsoft. To bolster...

JASPER, Ind., April 29, 2024 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter 2024 earnings of $19.0 million, or $0.64 per share, compared to earnings of $21.5 million, or $0.73 per share, for fourth quarter 2023, and earnings of $20.8 million, or $0.71 per share, for first quarter 2023. First quarter 2024 operating performance was highlighted by strong linked quarter commercial real estate and retail organic loan growth, linked quarter non-public fund deposit growth, strong credit metrics, controlled operating expenses, and a solid level of diversified non-interest income. However, from an earnings perspective, these increases were more than offset by lower net interest income as a result of modest net interest margin compression driven by higher deposit costs. The net interest margin declined...