Day: April 24, 2025
IOWA CITY, Iowa, April 24, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we,” “our,” or the “Company”) today reported results for the first quarter of 2025.
First Quarter 2025 Summary1Net income of $15.1 million, or $0.73 per diluted common share.Net interest margin (tax equivalent) was 3.44%;2 core net interest margin expanded 10 basis points (“bps”) to 3.36%.2
Noninterest expenses were $36.3 million; efficiency ratio was 59.38%.2
Return on average assets of 1.00%.Criticized loans ratio improved 54 bps to 5.47%; nonperforming assets ratio improved 7 bps to 0.33%.
Tangible book value per share of $23.36,2 an increase of 4.4%.
Common equity tier 1 (“CET1”) capital ratio improved 24 bps to 10.97%.CEO Commentary
Charles (Chip) Reeves,...
NBT Bancorp Inc. Announces First Quarter 2025 Net Income
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NORWICH, N.Y., April 24, 2025 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three months ended March 31, 2025.
Net income for the first quarter of 2025 was $36.7 million, or $0.77 per diluted common share, compared to $33.8 million, or $0.71 per diluted common share, for the first quarter of 2024, and $36.0 million, or $0.76 per diluted common share, for the fourth quarter of 2024. Operating diluted earnings per share(1), a non-GAAP measure, was $0.80 for the first quarter of 2025, compared to $0.68 for the first quarter of 2024 and $0.77 for the fourth quarter of 2024.
CEO Comments
“Growth in both net interest income and noninterest income compared to the prior quarter and the first quarter of 2024 resulted in the generation of positive operating...
Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2025 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended March 31, 2025.
Net income attributable to common stockholders per diluted share of common stock was $0.16 for the quarter ended March 31, 2025. Distributable Earnings per diluted share of common stock (a non-GAAP financial measure defined below) was $0.24 for the quarter ended March 31, 2025.
Commenting on first quarter 2025 performance, Stuart Rothstein, Chief Executive Officer and President of the Company, said:
“ARI’s first quarter earnings reflect the impact of elevated repayments at the end of fourth quarter of 2024 and the timing of our first quarter capital deployment, which totaled $650 million,” said Stuart Rothstein, Chief Executive Officer and President...
Golden Sky Minerals Announces Investment from Canadian Mining Leader Rob McEwen
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VANCOUVER, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) — Golden Sky Minerals Corp. (TSX-V: AUEN) (“Golden Sky” or the “Company”) is pleased to announce that Mr. Rob McEwen, a legendary figure in Canadian mining and the founder and former Chairman of Goldcorp Inc., has agreed to make a strategic investment in the Company through a convertible debenture.
Mr. McEwen will invest $220,000 CAD in the form of a six-month convertible debenture bearing 9% interest, convertible into 2,000,000 common shares at a price of $0.11 per share. If fully converted, Mr. McEwen would hold approximately 9.2% of Golden Sky’s outstanding shares on a post-conversion basis.
“We are honoured to welcome Rob McEwen as an investor in Golden Sky,” said John...
AgEagle Aerial Systems Releases Latest eBee VISION Application Software Featuring Updated Autonomous Drone Navigation Without Global Navigation Satellite System (GNSS) Signals
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Key update provides operators invaluable control and reliability in environments where GNSS/GPS signals are compromised, jammed, or entirely unavailable
WICHITA, Kan., April 24, 2025 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, announces the launch of its eBee VISION next generation application software featuring a variety of critical updates. Of particular note, is the capability for autonomous position updates with map referencing to provide precise navigation even in GNSS-denied areas where satellite signals are unavailable or unreliable due to various factors.
AgEagle CEO Bill Irby commented, “Of the many new features provided in our latest software update,...
Progyny, Inc. Announces Details for Its First Quarter 2025 Results Report
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NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a global leader in women’s health and family building, will report its financial results for the quarterly period ended March 31, 2025, after the close of the market on Thursday, May 8, 2025.
The company will host a conference call at 4:45 p.m. Eastern Time (1:45 p.m. Pacific Time) and issue a press release regarding its financial results prior to the start of the call.
Interested participants in the United States may access the conference call by dialing 1.866.825.7331 and using the passcode 265484. International participants may access the call by dialing 1.973.413.6106 and using the same passcode.
An audio replay of the call will be available through Thursday, May 15, 2025, and may be accessed by dialing 1.800.332.6854 (U.S. participants) or 1.973.528.0005...
Toll Brothers Announces the Upcoming Opening of Emberly, a New Luxury Home Community in Alpharetta, Georgia
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Emberly will offer a sophisticated enclave of townhome and single-family home designs in a highly desirable Alpharetta location
ALPHARETTA, Ga., April 24, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, is pleased to announce Emberly, an exclusive new home community coming soon to Alpharetta, Georgia. Nestled in a prime location within walking distance of downtown Alpharetta and downtown Crabapple, Emberly will feature a sophisticated collection of townhomes and single-family homes with elegant designs, spacious interiors, and premium finishes. The community is anticipated to open for sale in summer 2025.Emberly will showcase a refined selection of home designs in two collections, offering open-concept floor plans, expansive great rooms, and chef-inspired kitchens. Three-story...
AEP Texas set to construct one of the first 765-kV transmission lines in Texas
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CORPUS CHRISTI, April 24, 2025 (GLOBE NEWSWIRE) — AEP Texas is set to build one of the first 765-kV transmission line projects in the Electric Reliability Council of Texas (ERCOT) to support the growing electricity needs of the Permian Basin.
The Howard-Solstice Transmission Line Project is one of three 765-kV transmission lines to be constructed along the 765-kV import paths approved by the Public Utility Commission of Texas (PUCT) on April 24 as part of the Permian Basin Reliability Plan. The project will provide new pathways to deliver additional power to the region.
AEP Texas will build the line as part of a jointly assigned project. The construction involves building approximately 300 miles of transmission line connecting AEP Texas’ Solstice Substation near Fort Stockton to a substation near San Antonio. The extra high voltage...
UPDATE – Joe Pags Launches New Podcast with Salem Media Group: “Unshaken and Unafraid.”
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CAMARILLO, Calif., April 24, 2025 (GLOBE NEWSWIRE) — Salem Media Group, Inc. (OTCQX: SALM) is proud to announce a powerful new addition to its growing lineup of fearless voices. Nationally syndicated talk radio host Joe Pags is launching a new podcast, “Unshaken and Unafraid.” exclusively with Salem. Joe will be doing three episodes per week.
This show marks a new chapter for one of conservative media’s boldest voices. It’s a significant step forward in Salem Media’s mission to deliver trusted conservative content across radio, television, podcasts, and streaming.
Joe Pags has interviewed hundreds of high-profile figures, including multiple exclusive conversations with President Donald J. Trump. He’s earned a reputation as a relentless truth-teller and no-nonsense commentator. But his impact has gone far beyond the mic.
They tried...
Tenaya Therapeutics Presents Interim Data from RIDGE™ Natural History and Seroprevalence Study of Adults with PKP2-associated ARVC at Heart Rhythm 2025
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RIDGE is Largest Natural History Study Conducted with More Than 175 Participants Enrolled to Date with Arrhythmogenic Right Ventricular Cardiomyopathy Due to Mutations in the PKP2 Gene
Patients Experience High Burden of Arrhythmias and Severe Disease Progression Despite Standard-of-Care Treatments
Large Majority of PKP2-associated ARVC Patients Appear Eligible for TN-401 Gene Therapy Based on Low Rates of Preexisting Immunity to AAV9 Antibodies
SAN DIEGO, April 24, 2025 (GLOBE NEWSWIRE) — Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a clinical-stage biotechnology company with a mission to discover, develop and deliver potentially curative therapies that address the underlying causes of heart disease, today announced interim data from its ongoing RIDGE (NCT06311708) natural history and seroprevalence study of adults with arrhythmogenic...