Day: April 22, 2025

DALLAS, April 22, 2025 (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 March 31, 2025. “We continue to strengthen our balance sheet in support of our clients during a time of change and uncertainty,” said C. Malcolm Holland, III, the Company’s Chairman and Chief Executive Officer. “Key operating financial and credit performance metrics continue to improve and we remain focused on producing previously communicated 2025 goals, including a ROAA that exceeds 1%. Our focus also remains on disciplined loan growth, which is an industry wide challenge in the current environment.”  Quarter to DateFinancial Highlights Q1 2025   Q4 2024   Q1 2024  (Dollars in thousands, except per share...

CHIHUAHUA, Mexico, April 22, 2025 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement, concrete and aggregates in the United States and Mexico, announced today its results for the first quarter of 2025. Q1 2025 HIGHLIGHTSConsolidated net sales decreased 9.6% year-on-year to US$246.5 million U.S. concrete volumes increased 4.7% U.S. cement and concrete prices increased 3% and 12.1%, respectively Mexico cement and concrete prices increased 5.2% and 2.9%, respectively EBITDA decreased 11.3% to US$73.6 million with a 29.8% EBITDA margin Cash and equivalents totaled US$873.4 million Net leverage (net debt/EBITDA) ratio totaled -0.56x as of March 2025 Earnings per share decreased 17.1% year-on-year, to US$0.1240 Free cash flow totaled US$13 million with a 17.7% free cash flow conversion rate GCC...

PHILADELPHIA, April 22, 2025 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2025. Management Comments “During the first quarter, we made excellent progress on our 2025 business plan highlighted by achieving 92% of our speculative revenue target based on the midpoint of our guidance.” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “We continue to experience positive mark-to-market rental rate increases of 8.9% and 2.3% on an accrual and cash basis as well. We have also executed approximately 306,000 square feet of forward new leasing commencing after the first quarter, our highest total in eleven quarters. Our Schuylkill Yards residential development project Avira is now 96% leased and we anticipate...

Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality HAMILTON, N.J., April 22, 2025 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) (“the Bank”) today announced results for the first quarter of 2025. Net income for the first quarter of 2025 was $9.4 million, or $0.37 per diluted share, compared to $12.5 million, or $0.50 per diluted share, for the first quarter of 2024. Return on average assets, return on average equity and return on average tangible equityi for the first quarter of 2025 were 1.00%, 9.20% and 10.54%, respectively, compared to 1.41%, 13.36% and 15.64%, respectively, for the first quarter of 2024.  First Quarter 2025 Performance Highlights:Total loans of $3.24 billion at March 31, 2025 grew $91.8 million, or 11.8%, annualized, from the linked...

TUPELO, Miss., April 22, 2025 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the first quarter of 2025.(Dollars in thousands, except earnings per share) Three Months Ended  Mar 31, 2025 Dec 31, 2024 Mar 31, 2024Net income and earnings per share:      Net income $41,518 $44,747 $39,409Basic EPS   0.65   0.70   0.70Diluted EPS   0.65   0.70   0.70Adjusted diluted EPS (Non-GAAP)(1)   0.66   0.73   0.65             “Results for the quarter represent a good start to the year with solid profitability and growth in loans and deposits,” remarked C. Mitchell Waycaster, Chief Executive Officer of the Company. “On April 1st, we completed the merger with The First Bancshares, Inc. and welcome their team to Renasant. Together, we are positioned...

First Quarter 2025 HighlightsNet income of $25.8 million, or $1.52 per diluted share Adjusted net income (non-GAAP) of $26.0 million, or $1.53 per diluted share Adjusted NIM (TEY) (non-GAAP) expanded to 3.41% Robust core deposit growth of 20% annualized Wealth management revenue growth of 14% annualized Tangible book value per share (non-GAAP) grew $1.43, or 11% annualized TCE/TA ratio (non-GAAP) improved 15 basis points to 9.70%MOLINE, Ill., April 22, 2025 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced quarterly net income of $25.8 million and diluted earnings per share (“EPS”) of $1.52 for the first quarter of 2025, compared to net income of $30.2 million and diluted EPS of $1.77 for the fourth quarter of 2024. Adjusted net income (non-GAAP) and adjusted diluted EPS for the first quarter...

FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights –Cash flow from operating activities of $330 million Cash flow from operations, before working capital changes, of $397 million Repurchased $68 million of shares, paid $22 million in dividends, and reduced net debt by $42 million Capital spending was $147 million, approximately 22% of the annual 2025 budget Realized price, including hedges, was $4.02 per mcfe Natural gas differential, including basis hedging, of ($0.15) per mcf to NYMEX Pre-hedge NGL realizations of $27.79 per barrel – a premium of $1.05 over Mont Belvieu equivalent Production averaged 2.20 Bcfe per day, approximately 69% natural gas Strategic collaboration to supply natural gas to...

NYSE Ticker: NBHC DENVER, April 22, 2025 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (the “Company”) reported:    For the quarter(1)   For the quarter – adjusted(1)(2)    1Q25   4Q24   1Q24   1Q25   4Q24   1Q24Net income ($000’s)   $ 24,231     $ 28,184     $ 31,391     $ 24,231     $ 33,232     $ 31,391  Earnings per share – diluted   $ 0.63     $ 0.73     $ 0.82     $ 0.63     $ 0.86     $ 0.82  Return on average assets     0.99 %     1.13 %     1.28 %     0.99 %     1.33 %     1.28 %Return on average tangible assets(2)     1.09 %     1.23 %     1.39 %     1.09 %     1.44 %     1.39 %Return on average equity     7.42 %     8.59 %     10.30 %     7.42 %     10.13 %     10.30 %Return on average tangible common equity(2)     10.64 %     12.31 %     15.14 %     10.64 %     14.40 %     15.14 %                                                      (1)   Ratios...