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Month: January 2025

LanzaTech Appoints Regenerate Power’s Reyad Fezzani to Board of Directors

Fezzani’s three decades of global energy expertise and leadership in renewable energy development will bolster LanzaTech’s mission to globally deploy its leading carbon management technology CHICAGO, Jan. 23, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon management company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, today announced the appointment of Reyad Fezzani, Chairman and CEO of Regenerate Power LLC, to its Board of Directors. With over 30 years of leadership in global energy markets and renewable energy innovation, Fezzani’s extensive experience in large-scale project development and operational execution is expected to provide critical insights as LanzaTech continues its commercial growth trajectory and advances the deployment...

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CNH to release 2024 Fourth Quarter & Full Year financial results on February 4

CNH to release 2024 Fourth Quarter & Full Year financial results on February 4 Basildon, January 23, 2025 CNH (NYSE: CNH) will release its financial results for the Fourth Quarter and Full Year of 2024 on Tuesday, February 4, 2025. A live audio webcast of the financial results conference call will begin at 9:00 a.m. ET on the same day. It will be accessible at the following address: bit.ly/CNH_Q4FY_2024 For those unable to participate in the live session, a replay will remain archived in the Investor Relations section of the corporate website (www.cnh.com). CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments...

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ACNB Corporation Reports Fourth Quarter and 2024 Financial Results

GETTYSBURG, Pa., Jan. 23, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $6.6 million, or $0.77 diluted earnings per share, for the three months ended December 31, 2024, a $2.5 million, or 61.0%, increase, compared to net income of $4.1 million, or $0.48 diluted earnings per share, for the three months ended December 31, 2023 and a $609 thousand, or 8.5%, decrease compared to net income of $7.2 million, or $0.84 diluted earnings per share, for the three months ended September 30, 2024. The Corporation reported net income of $31.8 million, or $3.73 per diluted earnings per share, for the twelve months ended December 31, 2024, an increase of $158 thousand, or 0.5%, compared to the twelve months...

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Middlefield Banc Corp. Reports 2024 Twelve-Month Financial Results

MIDDLEFIELD, Ohio, Jan. 23, 2025 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the twelve months ended December 31, 2024. 2024 Fourth Quarter Financial Highlights:Earnings increased 36.4% year-over-year to $0.60 per diluted share Return on average assets (annualized) increased 26 basis points year-over-year to 1.04% Asset quality remained stable compared to the 2024 third quarter with nonperforming assets to total assets of 1.62%2024 Full Year Financial Highlights:Total loans increased 2.8% to a record $1.52 billion Book value increased 2.6% year-over-year to $26.08 per share at December 31, 2024 Tangible book value(1) increased 3.9% year-over-year to $20.88 per share at December 31, 2024 Returned $7.5 million back to shareholders through the Company’s quarterly dividend...

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OceanFirst Financial Corp. Announces Quarterly and Annual Financial Results

RED BANK, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $20.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2024, a decrease from $26.7 million, or $0.46 per diluted share, for the corresponding prior year period, and $24.1 million, or $0.42 per diluted share, for the prior linked quarter. For the year ended December 31, 2024, the Company reported net income available to common stockholders of $96.0 million, or $1.65 per diluted share, a decrease from $100.0 million, or $1.70 per diluted share, for the prior year. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information):  For...

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MidWestOne Financial Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year of 2024

IOWA CITY, Iowa, Jan. 23, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we”, “our”, or the “Company”) today reported results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Summary1Net income of $16.3 million, or $0.78 per diluted common share.Return on average assets of 1.03%. Net interest margin (tax equivalent) was 3.43%;2 Core net interest margin expanded 85 bps to 3.26%.2 Efficiency ratio improved to 59.06%2 from 70.32%2 in the linked quarter.Noninterest bearing deposits and core deposits increased 3.7% and 2.3%, respectively. Classified loan ratio improved 54 bps to 2.57%; nonperforming assets ratio remained stable at 0.40%; net charge-off ratio was 0.06%. Common equity tier 1 (“CET1”) ratio improved 82 bps to 10.73%.Full Year 2024 Summary1Noninterest...

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SB Financial Group Announces Fourth Quarter 2024 Results

DEFIANCE, Ohio, Jan. 23, 2025 (GLOBE NEWSWIRE) —  SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services today reported earnings for the fourth quarter ended December 31, 2024. Fourth Quarter 2024 Highlights compared to the fourth quarter of the prior year:Net income of $3.6 million, which is down 6.4 percent with Diluted Earnings Per Share (“EPS”) of $0.55. When adjusted for Originated Mortgage Servings Rights (“OMSR”) and the Visa B share sale in the prior year, diluted EPS would be up $0.07 or 16.7 percent. Interest income of $16.8 million increased by 11.4 percent from $15.1 million reported in the prior year. Loan growth of $46.5 million, or...

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Zeo Energy Corp. Reports Third Quarter 2024 Financial Results

NEW PORT RICHEY, Fla., Jan. 23, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the third quarter and nine months ended September 30, 2024. Recent Financial and Operational HighlightsQ3 2024 revenue of $19.7 million, a quarter-over-quarter increase of approximately $4.9 million Adjusted EBITDA performance driven by flexible operating model and disciplined cost management Completed acquisition of substantially all of the assets of Lumio Holdings, Inc. (“Lumio”)Management Commentary“In the third quarter we continued to maintain our focus on profitability through our flexible operating model and disciplined expense management,” said Zeo Energy Corp. CEO Tim...

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Farmer Brothers Coffee to report fiscal second quarter 2025 financial results

FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ: FARM) announced today it will publish its fiscal second quarter 2025 financial results for the period ended Dec. 31, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Feb. 6. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Feb. 6 to provide a review of the quarter and business update. The live audio webcast along with the press release will be available on the Investor Relations section of the company’s website. Callers who pre-register will be emailed dial-in details and a unique PIN to gain immediate access to the call and bypass the live operator....

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Nokia Corporation: Repurchase of own shares on 23.01.2025

Nokia CorporationStock Exchange Release23 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 23.01.2025 Espoo, Finland – On 23 January 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 872,093 4.48CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.48* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

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