Day: July 23, 2024

Reston, VA, July 23, 2024 (GLOBE NEWSWIRE) — Stride Inc. (NYSE: LRN) announced today it plans to discuss its fourth quarter and full fiscal year 2024 financial results during a conference call scheduled for Tuesday, August 6, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/804531504. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/804531504 as soon as it is available.About Stride Inc. Stride Inc. (NYSE: LRN) is redefining lifelong learning with innovative, high-quality education solutions....

INDIANA, Pa., July 23, 2024 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the second quarter of 2024. Financial Summary(dollars in thousands, For the Three Months Ended   For the Six Months Endedexcept per share data) June 30,   March 31,   June 30,   June 30,   June 30,    2024       2024       2023       2024       2023  Reported Results                  Net income $ 37,088     $ 37,549     $ 42,781     $ 74,637     $ 73,005  Diluted earnings per share $ 0.36     $ 0.37     $ 0.42     $ 0.73     $ 0.72  Return on average assets   1.28 %     1.31 %     1.54 %     1.29 %     1.36 %Return on average equity   11.10 %     11.40 %     13.90 %     11.24 %     12.29 %                   Operating Results (non-GAAP)(1)                  Core...

DALLAS, July 23, 2024 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the quarter ended June 30, 2024. “We are pleased with the second quarter results, highlighted by improved credit quality, stabilized NIM and continued repositioning of our balance sheet,” said C. Malcolm Holland, III, the Company’s Chairman and Chief Executive Officer. “Our LDR, excluding mortgage warehouse, dropped below 86%, we built capital and continue to execute on our strategic plan.”    Quarter to Date   Year to DateFinancial Highlights   Q2 2024   Q1 2024   Q2 2024   Q2 2023    (Dollars in thousands, except per share data)(unaudited)GAAP                Net income   $ 27,202     $ 24,156     $ 51,358     $ 72,141  Diluted...

BEDMINSTER, NJ, July 23, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) announces its second quarter 2024 financial results. This earnings release should be read in conjunction with the Company’s Q2 2024 Investor Update, a copy of which is available on our website at www.pgbank.com and via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov. During the second quarter of 2024, core relationship deposits grew $354 million to $4.6 billion which represents an annualized rate of 33%.  During the first six months of the year core relationship deposits have grown by $524 million. Strong growth in core relationship deposit balances have enabled the Company to repay $119.5 million of all outstanding...

MOUNTLAKE TERRACE, Wash., July 23, 2024 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2024 second quarter net income of $9.0 million, or $1.13 per diluted share, compared to $9.1 million, or $1.16 per diluted share, for the comparable quarter one year ago. For the six months ended June 30, 2024, net income was $17.4 million, or $2.20 per diluted share, compared to net income of $17.3 million, or $2.19 per diluted share, for the comparable six-month period in 2023. “I am pleased with our financial results for the second quarter, and I am excited about Matthew D. Mullet’s recent well-deserved promotion to Bank President,” stated Joe Adams, CEO. “Matthew will make a great president and we are both...

TUPELO, Miss., July 23, 2024 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the second quarter of 2024.(Dollars in thousands, except earnings per share) Three Months Ended   Six Months Ended  Jun 30, 2024 Mar 31, 2024 Jun 30, 2023   Jun 30, 2024 Jun 30, 2023Net income and earnings per share:                              Net income $ 38,846   $ 39,409   $ 28,643     $ 78,255   $ 74,721  After-tax loss on sale of securities   —     —     (18,085 )     —     (17,870 )Basic EPS   0.69     0.70     0.51       1.39     1.33  Diluted EPS   0.69     0.70     0.51       1.38     1.33  Adjusted diluted EPS (Non-GAAP)(1)   0.69     0.65     0.83       1.33     1.64  Impact to diluted EPS from after-tax loss on sale of securities (including impairments)   —     —     0.32       —     0.31                                   “The...

(In United States dollars, except where noted otherwise) TORONTO, July 23, 2024 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today reports results for the three months ended June 30, 2024 (“Q2 2024” or the “second quarter”) of a net loss attributable to shareholders of the Company of $46 million ($0.06 loss per share) and an adjusted loss1 of $13 million ($0.02 adjusted loss per share2). “We had another solid quarter in Zambia and with the work achieved to date, both Kansanshi and Sentinel are set up well for the remainder of the year. At Enterprise, the continued successful commissioning and ramp up has enabled the declaration of commercial production on June 1, 2024 while the S3 Expansion is progressing well and on track for completion in mid-2025. We also initiated...