Day: October 30, 2024

ROSEVILLE, Minn., Oct. 30, 2024 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced results for the six months ended September 29, 2024, its second quarter of fiscal 2025. Second Quarter Fiscal Year 2025 Highlights:Record second quarter results for revenue, gross profit, operating income, net income, diluted earnings per share (“EPS”) and adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“adjusted EBITDA”), a non-GAAP measure. Overall revenue growth of 4%, once again driven by the Water Treatment segment growth of 23% over the same period of the prior year. Gross profit increase of 12% over the same period of the prior year, with Water Treatment segment gross profit growth of 22%. Second quarter operating income of $33.7 million, our 26th consecutive quarter of year-over-year operating income...

GLENWOOD SPRINGS, Colo., Oct. 30, 2024 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the quarter ended September 30, 2024. The Company reported net income of $13.6 million, or $127.16 per basic Class A common share and $0.85 per basic Class B common share, for third quarter 2024. Highlights in third quarter 2024 include:Basic earnings per Class A common share increased 16.8%, or $18.28, during third quarter 2024. Basic earnings per Class A common share decreased 16.8%, or $18.30, compared to third quarter 2023. Basic earnings per Class B common share increased 16.8%, or $0.12, during third quarter 2024. Basic earnings per Class B common share decreased 16.8%, or $0.12, compared to third quarter 2023. Net...

JEFFERSON CITY, Mo., Oct. 30, 2024 (GLOBE NEWSWIRE) — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the “Company”), the bank holding company for Hawthorn Bank, reported third quarter 2024 net income of $4.6 million, or earnings per diluted share (“EPS”) of $0.66. Third Quarter 2024 ResultsNet income improved $2.0 million, or 77%, from the third quarter 2023 (the “prior year quarter”) EPS of $0.66, an improvement of $0.30 per share, or 83%, from the prior year quarter Net interest margin, fully taxable equivalent (“FTE”) improved in the third quarter 2024 to 3.36% compared to 3.33% for second quarter 2024 (the “prior quarter”) Return on average assets and equity of 1.00% and 12.87%, respectively Loans decreased $31.8 million, or 2.1%, and deposits decreased $46.7 million, or 3.0%, compared to the prior...

AIKEN, S.C., Oct. 30, 2024 (GLOBE NEWSWIRE) — Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the three and nine months ended September 30, 2024. The Company reported net income available to common shareholders of $2.0 million, or $0.62 per share, for the quarter ended September 30, 2024, compared to $2.1 million, or $0.65 per share, for the third quarter of 2023. Year-to-date net income available to common shareholders was $5.9 million, or $1.83 per common share, for the nine months ended September 30, 2024, compared to $6.6 million, or $2.02 per common share, during the nine months ended September 30, 2023. Both the quarterly and year-to-date decreases in net income available to common shareholders were primarily...