Day: July 24, 2025

CNB Financial Corporation Completes Merger with ESSA Bancorp, Inc.

Written by Customer Service on July 24, 2025. Posted in Mergers And Acquisitions.

CLEARFIELD, Pa., July 24, 2025 (GLOBE NEWSWIRE) — CNB Financial Corporation (“CNB” or the “Company”) (NASDAQ: CCNE) announced that it completed the merger (“Merger”) of ESSA Bancorp, Inc. (“ESSA”) with and into CNB on July 23, 2025. In connection with the Merger, ESSA’s subsidiary bank, ESSA Bank & Trust, has been merged with and into CNB’s subsidiary bank, CNB Bank, and ESSA’s offices will operate going forward under the brand of ESSA Bank, a division of CNB Bank. The transaction has extended CNB Bank’s branch network into the Northeastern Region including the Lehigh Valley of Pennsylvania. With the addition of ESSA’s 20 community offices, CNB Bank now has 78 branches across its four-state footprint. “We are so pleased to welcome ESSA Bank & Trust customers and employees into the CNB family as a result of this merger,”...

Harbourfront Wealth Expands with Acquisition of Millar Private Wealth

Written by Customer Service on July 24, 2025. Posted in Mergers And Acquisitions.

Advisors are drawn to independence, advanced technology and forward thinking VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Harbourfront Wealth Holdings Inc., (“Harbourfront Wealth”) today announced the acquisition of Millar Private Wealth Management Inc. (“Millar Private Wealth”). With $800 million in assets under administration (AUA), the addition of Millar Private Wealth brings Harbourfront Wealth’s AUA to more than $12 billion. “We’re thrilled to announce our fourth acquisition in just over a year,” said Danny Popescu, Chief Executive Officer of Harbourfront Wealth. “Millar Private Wealth is a strong addition to our independent firm and supports our ongoing plans for accelerated growth and expansion across Canada. Their commitment to client-first principles and quality investment solutions makes them an ideal...

Agilitas Energy Continues Renewables Expansion with Solar Project Acquisition in Rhode Island

Written by Customer Service on July 24, 2025. Posted in Mergers And Acquisitions.

Strategic acquisition will support Rhode Island’s clean energy goals WAKEFIELD, Mass., July 24, 2025 (GLOBE NEWSWIRE) — Agilitas Energy, a leading developer and operator of renewable energy and energy storage systems, today announced the acquisition of a 12.5-megawatt (MW) solar project located in North Smithfield, Rhode Island, from a local developer. This acquisition marks another significant step in Agilitas Energy’s mission to add resilient and clean power solutions across the United States. The project is fully permitted, with construction slated to begin in 2025 and commercial operation expected by the end of 2026. Terms of the transaction were not disclosed. Once operational, Agilitas Energy’s solar project is projected to generate approximately 16,000megawatt-hours (MWh) of clean electricity annually, enough to power over...

Independent Bank Corporation Reports 2025 Second Quarter Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

Second Quarter Highlights Highlights for the second quarter of 2025 include:Increase in net interest income of $0.9 million (or 2.1% ) over the first quarter of 2025; Increase in tangible common equity per share of common stock of $0.36 (or 6.9% annualized) from March 31, 2025; Net interest margin expansion of nine basis points compared to March 31, 2025; Net growth in loans of $91.7 million (or 9.0% annualized) from March 31, 2025; and The payment of a 26 cent per share dividend on common stock on May 15, 2025.GRAND RAPIDS, Mich., July 24, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP) reported second quarter 2025 net income of $16.9 million, or $0.81 per diluted share, versus net income of $18.5 million, or $0.88 per diluted share, in the prior-year period. William B. (“Brad”) Kessel, the President and...

Collegium to Report Second Quarter 2025 Financial Results on August 7, 2025

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

STOUGHTON, Mass., July 24, 2025 (GLOBE NEWSWIRE) — Collegium Pharmaceutical, Inc. (Nasdaq: COLL) today announced that it will report second quarter 2025 financial results before the market opens on Thursday, August 7, 2025. Following the release of the financials, the Company will host a live conference call and webcast at 8:00 a.m. ET. Conference Call Information To access the conference call, please dial (877) 407-8037 (U.S.) or (201) 689-8037 (International) and reference the “Collegium Pharmaceutical Q2 2025 Earnings Call.” An audio webcast will be accessible from the Investors section of the Company’s website: www.collegiumpharma.com. The webcast will be available for replay on the Company’s website approximately two hours after the event. About Collegium Pharmaceutical, Inc.Collegium is building a leading, diversified biopharmaceutical...

First Mid Bancshares, Inc. Announces Second Quarter 2025 Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

MATTOON, Ill., July 24, 2025 (GLOBE NEWSWIRE) — First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended June 30, 2025. HighlightsRecord high quarterly net income of $23.4 million, or $0.98 diluted EPS, quarterly increase of $0.05 Adjusted quarterly net income* of $23.7 million, or $0.99 diluted EPS Net interest margin tax equivalent* expands to 3.72%, quarterly increase of 12 basis points, helping drive the fifth consecutive quarter of growth in net interest income Total loans of $5.77 billion, quarterly increase of $68.1 million, or 1.20% Total deposits of $6.19 billion, quarterly increase of $59.8 million, or 0.98% Tangible book value per share* increased 4.3% during the quarter Board of Directors declares a $0.01 increase in the quarterly dividend to $0.25 per share“The...

CTS Announces Second Quarter 2025 Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

Advancing Diversification and Profitability LISLE, Ill., July 24, 2025 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced second quarter 2025 results. “We delivered another quarter of double-digit sales growth in the diversified end markets and achieved solid profitability with adjusted EBITDA margin expanding 130 basis points. We also generated strong operating cash flow in the quarter,” said Kieran O’Sullivan, CEO of CTS Corporation. “Our teams remain focused on diversification as a strategic priority through organic growth and acquisitions.” Second Quarter 2025 ResultsSales were $135 million in the second quarter of 2025, up 4% year-over-year. Sales to diversified end markets increased 13%. Sales to the transportation...

Integer Holdings Corporation Reports Second Quarter 2025 Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

~ Continued strong sales and profit growth in 2Q25 ~ ~ Raising 2025 full year adjusted operating income and EPS outlook midpoint ~ PLANO, Texas, July 24, 2025 (GLOBE NEWSWIRE) — Integer Holdings Corporation (NYSE:ITGR) today announced results for the three months ended June 27, 2025. Second Quarter 2025 Highlights (compared to Second Quarter 2024, except as noted)Sales increased 11% to $476 million, with organic growth of 11%. GAAP operating income increased $5 million to $59 million, an increase of 9%. Non-GAAP adjusted operating income increased $10 million to $81 million, an increase of 15%. GAAP income from continuing operations increased $6 million to $37 million, an increase of 19%. Non-GAAP adjusted net income increased $10 million to $55 million, an increase of 23%. GAAP diluted EPS from continuing operations increased...

Provident Financial Services, Inc. Reports Second Quarter Earnings

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

ISELIN, N.J., July 24, 2025 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $72.0 million, or $0.55 per basic and diluted share for the three months ended June 30, 2025, compared to $64.0 million, or $0.49 per basic and diluted share, for the three months ended March 31, 2025 and a net loss of $11.5 million, or $(0.11) per basic and diluted share, for the three months ended June 30, 2024. For the six months ended June 30, 2025, net income totaled $136.0 million, or $1.04 per basic and diluted share, compared to $20.6 million, or $0.23 per basic and diluted share, for the six months ended June 30, 2024. While there were no transaction costs related to our merger with Lakeland Bancorp, Inc. (“Lakeland”) for the 2025 period, these costs totaled $79.0 million and $81.2 million,...

Adyton Resources Announces Upsized C$20 Million Financing Comprised of $14 Million Private Placement of Units and Concurrent $6 Million Non-Brokered Private Placement of Units

Written by Customer Service on July 24, 2025. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States BRISBANE, Australia, July 24, 2025 (GLOBE NEWSWIRE) — Adyton Resources Corp. (TSXV: ADY) (FSE: 701GR) (“Adyton” or the “Company”) is pleased to announce that, as a result of strong investor demand, the Company has amended its letter agreement with Clarus Securities Inc. (“Clarus”) and PowerOne Capital Markets Limited (“PowerOne” and, together with Clarus the “Lead Agents”) to increase the size of its previously announced best-efforts private placement of units of the Company (the “Offering”) Pursuant to the upsized deal terms, the Offering will now consist of up to 35,000,000 units of the Company (the “Units”) at a price of $0.40 per Unit (the “Offering Price”) for gross proceeds of up to $14,000,000. Each Unit shall consist of one common share...

Day: July 24, 2025

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