Day: April 23, 2025

First quarter comparable store sales growth of 3.6% $755 million net cash provided by operating activities in first quarter 2025SPRINGFIELD, Mo., April 23, 2025 (GLOBE NEWSWIRE) — O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue for its first quarter ended March 31, 2025. 1st Quarter Financial Results Brad Beckham, O’Reilly’s CEO, commented, “We are pleased to report a solid start to 2025, highlighted by a 3.6% comparable store sales increase, which was at the high end of our expectations for the quarter. Our comparable store sales increase was comprised of solid growth in both professional and DIY, which grew mid-single digit and low-single digit, respectively, in the first quarter. We are confident in the strength...

SUFFOLK, Va., April 23, 2025 (GLOBE NEWSWIRE) — TowneBank (the “Company” or “Towne”) (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2025 of $50.59 million, or $0.67 per diluted share, compared to $34.69 million, or $0.46 per diluted share, for the quarter ended March 31, 2024. Excluding certain items affecting comparability, core earnings (non-GAAP) were $50.98 million, or $0.68 per diluted share, in the current quarter compared to $36.27 million, or $0.48 per diluted share, for the quarter ended March 31, 2024. “Our Company had a very strong start to the year earning $0.67 per share and delivering nearly 7% annualized loan growth. Our continued focus on measured growth aligned with a deliberate strategy to maintain healthy liquidity and capital levels should position our Company...

WILMINGTON, N.C., April 23, 2025 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2025 net income attributable to the Company of $9.7 million, or $0.21 per diluted share. Live Oak’s performance in the quarter compared to the fourth quarter of 2024, includes these notable items:Record first quarter production of $1.40 billion accompanied by strong deposit growth of $635.5 million, with total assets growing by 5.0% to $13.60 billion Net interest income increased 3.1% and net interest margin increased 5 basis points from 3.15% to 3.20% 1.5% decline in revenue and 3.4% increase in noninterest expenses generated 10% decline in pre-provision net revenue1 Provision expense for credit losses of $29.0 million, principally driven by loan growth amid a challenging macroeconomic...

SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025.   Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)     Three Months Ended March 31,    2025     2024   % ChgHomes closed (units)   3,416     3,507   (3)%Home closing revenue $ 1,342,104   $ 1,466,096   (8)%Average sales price — closings $ 393   $ 418   (6)%Home orders (units)   3,876     3,991   (3)%Home order value $ 1,558,177   $ 1,631,195   (4)%Average sales price — orders $ 402   $ 409   (2)%Ending backlog (units)   2,004     3,033   (34)%Ending backlog value $ 812,358   $ 1,244,257   (35)%Average sales price — backlog $ 405   $ 410   (1)%Earnings before...

BATON ROUGE, La., April 23, 2025 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three-month period ended March 31, 2025. Three-Month Periods Ended March 31, 2025 and 2024Net service revenue increased $23.4 million to $594.8 million compared to $571.4 million in 2024. Net income attributable to Amedisys, Inc. of $61.0 million, which is inclusive of merger-related expenses totaling $16.8 million ($16.6 million, net of tax) and a $48.1 million gain on an equity method investment ($35.6 million, net of tax), compared to net income attributable to Amedisys, Inc. of $14.4 million, which is inclusive of merger-related expenses totaling $20.7 million ($19.8 million, net of tax) in 2024. Net income attributable to Amedisys, Inc. per diluted share of $1.84 compared to $0.44 in 2024.Adjusted...

First Quarter 2025Net Earnings of $51.1 million, or $0.36 per share Return on Average Assets of 1.37% Return on Average Tangible Common Equity of 14.51% Net Interest Margin of 3.31%ONTARIO, CA, April 23, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2025. CVB Financial Corp. reported net income of $51.1 million for the quarter ended March 31, 2025, compared with $50.9 million for the fourth quarter of 2024 and $48.6 million for the first quarter of 2024. Diluted earnings per share were $0.36 for the first quarter, compared to $0.36 for the prior quarter and $0.35 for the same period last year. For the first quarter of 2025, annualized return on average equity (“ROAE”) was 9.31%, annualized return on average...

RUSTON, La., April 23, 2025 (GLOBE NEWSWIRE) — Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $909.7 million in assets, today announced financial results for the 1st quarter ended March 31, 2025. Financial Performance For the three months ended March 31, 2025, the Company had net income after tax of $3.45 million compared to net income of $2.66 million for the three months ended March 31, 2024, an increase of $790,000 or 29.7%. Earnings per share (EPS) for the three months ended March 31, 2025 were $1.89 per basic and $1.88 diluted share compared to $1.48 per basic and diluted share reported for the three months ended March 31, 2024. Balance Sheet Overall, total assets increased by $40.3 million or 4.6% to $909.7 million at March 31, 2025 compared to $869.4 million...