Day: July 23, 2025

Narrows 2025 Guidance PHILADELPHIA, July 23, 2025 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2025. Management Comments “We are pleased with progress on our 2025 business plan highlighted by achieving over 98% of our speculative revenue target at the midpoint of our current guidance,” stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “We continue to address our forward lease expirations, and our average annual lease expiration rate through 2026 is only 5.1%, one of the lowest in the office sector. Tenant demand continues to improve with second quarter leasing activity exceeding the first quarter by 35%. The pipeline on our development projects also increased during the quarter...

Second Quarter 2025Net Earnings of $50.6 million, or $0.36 per share Return on Average Assets of 1.34% Efficiency Ratio of 45.6% Net Interest Margin of 3.31%Ontario, CA, July 23, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended June 30, 2025. CVB Financial Corp. reported net income of $50.6 million for the quarter ended June 30, 2025, compared with $51.1 million for the first quarter of 2025 and $50.0 million for the second quarter of 2024. Diluted earnings per share were $0.36 for the second quarter, compared to $0.36 for the prior quarter and $0.36 for the same period last year. For the second quarter of 2025, annualized return on average equity (“ROAE”) was 9.06%, annualized return on average tangible common equity...

(In United States dollars, except where noted otherwise) TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today reports results for the three and six months ended June 30, 2025 (“Q2 2025” or the “second quarter”) of net earnings attributable to shareholders of the Company of $18 million ($0.02 earnings per share) and adjusted earnings1 of $17 million ($0.02 adjusted earnings per share2). “The second quarter marked several important milestones for First Quantum. At Cobre Panamá, we received formal government approval for the Preservation and Safe Management plan and started shipping copper concentrate that has been on site since 2023. At the S3 Expansion project at Kansanshi, we are in the final stages of commissioning and the project remains on...

Second quarter comparable store sales growth of 4.1% 11% increase in second quarter diluted earnings per share to $0.78 $1.51 billion net cash provided by operating activities year-to-dateSPRINGFIELD, Mo., July 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 and earnings for its second quarter ended June 30, 2025. 2nd Quarter Financial Results Brad Beckham, O’Reilly’s CEO, commented, “I would like to thank our Team of over 92,000 Professional Parts People for their tremendous hard work and commitment to providing industry-leading customer service in each of our 6,483 stores. Team O’Reilly’s dedication was reflected in our strong top-line performance this quarter with a comparable store...

SCOTTSDALE, Ariz., July 23, 2025 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported second quarter results for the period ended June 30, 2025. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)     Three Months Ended June 30,   Six Months Ended June 30,    2025   2024   % Chg   2025   2024   % ChgHomes closed (units)     4,170     4,118   1  %     7,586     7,625   (1) %Home closing revenue   $ 1,615,709   $ 1,693,738   (5) %   $ 2,957,813   $ 3,159,834   (6) %Average sales price — closings   $ 387   $ 411   (6) %   $ 390   $ 414   (6) %Home orders (units)     3,914     3,799   3  %     7,790     7,790   0  %Home order value   $ 1,547,438   $ 1,573,456   (2) %   $ 3,105,615   $ 3,204,651   (3) %Average sales...

WILMINGTON, N.C., July 23, 2025 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported second quarter of 2025 net income attributable to the Company of $23.4 million, or $0.51 per diluted share. Live Oak’s performance in the quarter, compared to the first quarter of 2025, includes these notable items:Record second quarter production of $1.53 billion accompanied by strong deposit growth of $198.8 million, with total assets growing by 1.7% to $13.83 billion Net interest income increased 8.6% and net interest margin increased eight basis points from 3.20% to 3.28% 14.0% increase in revenue and 6.3% increase in noninterest expenses generated 29.4% increase in pre-provision net revenue1 Provision expense for credit losses of $23.3 million, a decrease of $5.7 million, driven by moderating...

STATEN ISLAND, N.Y., July 23, 2025 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported net income of $1.03 million, or $0.15 per diluted common share, for the quarter ended June 30, 2025, compared to a net income of $546 thousand, or $0.08 per diluted common share for the quarter ended March 31, 2025.Key Quarterly Financial Data 2025 Highlights  Performance Metrics 2Q25 1Q25 4Q24 • Non interest-bearing deposits grew by $8.1 million from year end 2024. • The Cost of Funds for the three months ended June 30, 2025, rose to 2.72% from 2.69% in the prior linked quarter. • For 3 months ended June 30, 2025, the Company’s net interest margin decreased to 2.66% compared to 2.68% for the 3 months ended March 31, 2025. • The Company received $384K...

Poplar Bluff, Missouri, July 23, 2025 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the fourth quarter of fiscal 2025 of $15.8 million, an increase of $2.3 million or 16.7%, as compared to the same period of the prior fiscal year. The increase was primarily attributable to higher net interest income and lower provision for income taxes. This was partially offset by higher provision for credit loss (PCL), noninterest expense, and lower noninterest income. Preliminary net income was $1.39 per fully diluted common share for the fourth quarter of fiscal 2025, an increase of $0.20 as compared to the $1.19 per fully diluted common share reported for the same period of the prior fiscal year. For the full fiscal...

Suffolk, Va., July 23, 2025 (GLOBE NEWSWIRE) — TowneBank (the “Company” or “Towne”) (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2025 of $38.84 million, or $0.51 per diluted share, compared to $42.86 million, or $0.57 per diluted share, for the quarter ended June 30, 2024. Excluding certain items affecting comparability, core earnings (non-GAAP) were $61.34 million, or $0.81 per diluted share, in the current quarter compared to $42.56 million, or $0.57 per diluted share, for the quarter ended June 30, 2024. “Our Company delivered a record revenue quarter highlighting the strength of our Main Street banking strategy. Organic loan growth during the second quarter climbed nearly 5% on an annualized basis while credit trends continue to demonstrate best in class metrics. Our margin...

ANCHORAGE, Alaska, July 23, 2025 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $11.8 million, or $2.09 per diluted share, in the second quarter of 2025, compared to $13.3 million, or $2.38 per diluted share, in the first quarter of 2025, and $9.0 million, or $1.62 per diluted share, in the second quarter a year ago. The increase in second quarter 2025 profitability as compared to the second quarter a year ago was primarily the result of an increase in net interest income, higher purchased receivable income, and increased mortgage banking income, which were partially offset by a higher provision for credit losses, higher other operating expenses, and a higher provision for income taxes. Net interest income increased primarily due to higher loan balances and higher...