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Day: January 30, 2025

The First of Long Island Corporation Reports Earnings for the Year Ended December 31, 2024

MELVILLE, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC, the “Company” or the “Corporation”), the parent of The First National Bank of Long Island (the “Bank”), reported earnings for the quarter and year ended December 31, 2024. President and Chief Executive Officer Chris Becker commented on the Company’s results: “Our team is focused on best positioning our company for the future and its pending merger with ConnectOne Bancorp, Inc.  In that regard, our net interest margin bottomed out during the first quarter of 2024 and began its recovery during the remainder of the year.  Excluding loss on securities in 2023, noninterest income increased nearly 23% largely related to new and recurring fee income categories.  Noninterest expense was well controlled with an increase of 1.6%...

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Hennessy Capital Investment Corp. VII Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing February 6, 2025

New York, NY, Jan. 30, 2025 (GLOBE NEWSWIRE) — Hennessy Capital Investment Corp. VII (NASDAQ: HVIIU) (the “Company”) announced that, commencing February 6, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “HVII” and “HVIIR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “HVIIU.” Holders of units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and rights. This press release shall not constitute an offer to sell or the...

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First Helium Completes Drilling 7-30 Well & Cases for Completion and Testing

Rig Moving to 7-15 Well Location to Prepare for Drilling CALGARY, Alberta, Jan. 30, 2025 (GLOBE NEWSWIRE) — First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has completed drilling its proven undeveloped (“PUD”) 7-30 oil location at its Worsley Property in Northern Alberta1,2. The 7-30 well has now been cased for completion and testing. In addition to the targeted Leduc formation, the Company encountered multiple uphole, shallower zones with prospectivity for oil, natural gas and helium. These zones have been previously recognized and mapped on the Worsley land base. The drilling rig is now being mobilized to the 7-15 location to begin drilling over the next few days, barring any unforeseen delays. The Company will continue to provide regular updates on...

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Telix Completes Acquisition of Next-Generation Therapeutic Assets and Innovative Biologics Technology Platform

MELBOURNE, Australia and INDIANAPOLIS, Jan. 31, 2025 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX, Telix, the Company) today announces it has completed the acquisition from antibody engineering company ImaginAb, Inc. (ImaginAb). The acquisition includes a pipeline of next-generation therapeutic candidates, a proprietary novel biologics technology platform, and a protein engineering and discovery research facility to enhance existing innovation capabilities1. This transaction delivers a pipeline of drug candidates against validated cancer targets including DLL32 and integrin αvβ63, as well as a panel of other agents against novel targets in early discovery stage. The Company believes that these next generation drug candidates fit synergistically with Telix’s therapeutics pipeline, enabling expansion to...

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BayFirst Financial Corp. Reports Fourth Quarter 2024 Results

Earnings per common share increased to $2.11 for the quarter and $2.64 for the year; Net interest margin expanded by 26bps; Announced share buyback program ST. PETERSBURG, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $9.8 million, or $2.27 per common share, or $2.11 per diluted common share, for the fourth quarter of 2024, an increase of 759.8% compared to $1.1 million, or $0.18 per common share and diluted common share, in the third quarter of 2024. Net income for the year ended December 31, 2024 was $12.6 million, or $2.68 per common share, or $2.62 per diluted common share, compared to $5.7 million, or $1.16 per common share, or $1.12 per diluted common share for the year ended December 31,...

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Riverview Bancorp Reports Net Income of $1.2 Million in Third Fiscal Quarter 2025; Results Highlighted by Net Interest Margin Expansion

VANCOUVER, Wash., Jan. 30, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $1.2 million, or $0.06 per diluted share, in the third fiscal quarter ended December 31, 2024, compared to $1.6 million, or $0.07 per diluted share in the second fiscal quarter ended September 30, 2024, and $1.5 million, or $0.07 per diluted share, in the third fiscal quarter a year ago. In the first nine months of fiscal 2025, net income was $3.8 million, or $0.18 per diluted share, compared to $6.8 million, or $0.32 per diluted share, in the first nine months of fiscal 2024. “Riverview’s operating performance during the third fiscal quarter reflected steady improvements, with net interest margin expansion as a result of stabilizing funding costs and higher loan yields,” stated...

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Viper Energy Launches Offering of Class A Common Stock

MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”) announced today the launch of an underwritten public offering of 22,000,000 shares of its Class A common stock, subject to market and other conditions (the “Primary Offering”). The underwriters will have an option to purchase up to an additional 3,300,000 shares of Class A common stock from Viper in the Primary Offering. Viper intends to use the net proceeds from the Primary Offering to fund a portion of the cash consideration for its previously announced pending acquisition of all of the equity interests of certain mineral and royalty-interest owning subsidiaries of Viper’s parent, Diamondback Energy, Inc. (the “Pending Drop Down”), if it closes. If the Pending Drop Down does not close, Viper will use the net proceeds from the Primary...

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Jamf to Report Fourth Quarter 2024 Financial Results on February 27, 2025

MINNEAPOLIS, Jan. 30, 2025 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report fourth quarter and fiscal year 2024 financial results for the period ended December 31, 2024, following the close of the market on Thursday, February 27, 2025. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results. Jamf Fourth Quarter 2024 Earnings Conference Call When: Thursday, February 27, 2025 Time: 3:30 p.m. CT (4:30 p.m. ET) Live Webcast: The conference call will be webcast live on Jamf’s Investor Relations website at https://ir.jamf.com. Those parties interested in participating via telephone may register on Jamf’s Investor Relations website or by clicking here. Replay: A replay...

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Scorpio Tankers Inc. Announces that on February 13, 2025, the Company Plans to Issue Its Fourth Quarter 2024 Results and Have a Conference Call

MONACO, Jan. 30, 2025 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Thursday, February 13, 2025, the Company plans to issue its fourth quarter 2024 earnings press release in the morning (Eastern Standard Time) and host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time. Conference Call Information Title: Scorpio Tankers Inc. Fourth Quarter 2024 Conference Call Date: Thursday, February 13, 2025 Time: 9:00 AM Eastern Standard Time and 3:00 PM Central European Time. The conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast link: https://edge.media-server.com/mmc/p/n6697oy4 Participants for the live webcast should register on the...

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FinWise Bancorp Reports Fourth Quarter and Full Year 2024 Results

– Loan Originations of $5.0 Billion for 2024, including $1.3 Billion for Fourth Quarter – – Net Income of $12.7 Million for 2024, including $2.8 Million for Fourth Quarter – – Diluted Earnings Per Share of $0.93 for 2024, including $0.20 for Fourth Quarter – MURRAY, Utah, Jan. 30, 2025 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced results for the quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 HighlightsLoan originations totaled $1.3 billion, compared to $1.4 billion for the quarter ended September 30, 2024, and $1.2 billion for the fourth quarter of the prior year Net interest income was $15.5 million, compared to $14.8 million for the quarter ended September 30, 2024, and $14.4...

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