Earnings Releases And Operating Results

Argan : Recurring net income for 2022 up +6% to €119m

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

Annual Results – Thursday 19 January 2023 – 17h45 Annual results 2022 Recurring net income for 2022 up +6% to €119m Dividend 2022* up +15% to €3.0 per share Expected rental income in 2023 up +10% to €182m Key figures of 2022: Consolidated income statement 2022 2021 Changes Rental income €166m €157m +6% Net Recurring Income – group share €119m €112m +6% Net Recurring Income per share – group share €5.2** €5.0 +5% Valuation indicators Exercice 2022 Exercice 2021 Variation Value of the portfolio (excl. duties) €3.94 Bn €3.75 Bn +5% NAV EPRA NTA per share €93 *** €92 +1% NAV EPRA NRV per share €105 *** €103 +2% Debt indicators Exercice 2022 Exercice 2021 Variation LTV EPRA (excl. duties) 45% 43% +200 bps LTV (incl. duties) 43% 41% +200 bps Cost of debt 1.5% 1.5% Stable 2023...

Westamerica Bancorporation Reports Fourth Quarter 2022 Financial Results

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

SAN RAFAEL, Calif., Jan. 19, 2023 (GLOBE NEWSWIRE) — Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the fourth quarter 2022 of $39.3 million and diluted earnings per common share (“EPS”) of $1.46. Fourth quarter 2022 results compare to net income for third quarter 2022 of $34.8 million and EPS of $1.29, which included a life insurance gain equivalent to EPS of $0.03. “Westamerica’s fourth quarter 2022 results benefited from the Company’s valuable low-cost deposit base; the cost of funding our loan and bond portfolios was 0.03 percent in the fourth quarter 2022, unchanged from the prior quarter. Non-interest bearing deposits represented 47 percent of average deposits in the fourth quarter 2022. The fourth quarter also benefited from higher yields on variable-rate...

Unaudited consolidated interim accounts for the fourth quarter and twelve months of 2022

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

Segments (EURm) Q4/22 Q4/21 yoy 12m/22 12m/21 yoy Supermarkets 161.8 151.4 6.8% 594.9 569.0 4.5% Department stores 33.7 32.7 3.1% 105.2 93.4 12.6% Cars 34.4 29.6 16.2% 146.8 145.8 0.7% Security segment 2.9 2.3 22.5% 9.8 8.2 20.1% Real Estate 1.6 1.5 10.2% 6.2 5.3 17.2% Total sales 234.4 217.5 7.7% 862.8 821.6 5.0% Supermarkets 4.9 6.3 -22.7% 12.9 20.5 -37.1% Department stores 2.0 0.3 585.1% 2.3 -0.7 -429.7% Cars 2.2 1.6 36.5% 10.7 7.4 43.8% Security segment 0.0 -0.1 -106.0% 0.1 0.0 385.0% Real Estate 3.2 4.1 -22.2% 11.3 12.1 -6.9% IFRS 16 -0.6 -0.4 52.8% -2.3 -2.9 -19.6% Total profit/loss before tax 11.6 11.9 -2.1% 34.9 36.5 -4.2% In the fourth quarter of 2022, the consolidated unaudited sales revenue of the Group was 234.4 million euros, which was 7.7% more than the sales revenue of the same...

InterDigital Issues Preliminary Financial Results for Fourth Quarter 2022

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

WILMINGTON, Del., Jan. 19, 2023 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced selected and unaudited preliminary financial results for the quarter ended December 31, 2022. The company expects total revenue to be approximately $114 million, including recurring revenue of $101 million. The update from the company’s prior expectation of $98 to $102 million was driven primarily by new agreements signed in the second half of the quarter. The company expects operating expenses to be approximately $79 million, updated from its previous expectation of $76 to $79 million. The company expects net non-operating income1 will be approximately $1 million, updated from its previous expectation of net non-operating expense1 of $4 to $6 million. The increase...

Communities First Financial Corporation Earns Record $7.62 Million, or $2.42 per Diluted Share, for Fourth quarter 2022; Earns Record $26.52 Million, or $8.44 per Diluted Share, for Full Year 2022

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

FRESNO, Calif., Jan. 19, 2023 (GLOBE NEWSWIRE) — Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 41% to $7.62 million, or $2.42 per diluted share, for the fourth quarter of 2022 compared to $5.41 million, or $1.74 per diluted share, for the fourth quarter of 2021, and increased 10% compared to $6.91 million, or $2.20 per diluted share, for the third quarter of 2022. For the year ended December 31, 2022, net income increased 29% to $26.52 million, or $8.44 per diluted share, from $20.53 million, or $6.62 per diluted share, for year ended December 31, 2021. All results are unaudited. “Fourth quarter 2022 results capped a stellar year for our Company which delivered record earnings for both the fourth quarter and for the...

HOMB’s Disciplined Strategy Leads to a Beat of Management Expectations Despite Continued West Texas Headwinds

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., Jan. 19, 2023 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today. Highlights of the Fourth Quarter of 2022: Metric Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Net income $115.7 million $108.7 million $16.0 million $64.9 million $73.4 million Total revenue (net) $272.3 million $256.3 million $243.3 million $161.8 million $171.0 million Income before income taxes $148.4 million $142.0 million $19.3 million $84.9 million $93.9 million Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $153.4 million $142.0 million $77.9 million $84.9 million $93.9 million Pre-tax net income to total revenue (net) 54.50% 55.39% 7.92% 52.48% 54.94% P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net))...

Alchip Technologies to Exhibit at Chiplet Summit

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

Will Showcase Advanced Packaging & Design Capabilities Taipei, Taiwan, Jan. 19, 2023 (GLOBE NEWSWIRE) — Alchip Technologies the high-performance ASIC leader, will exhibit at the first annual Chiplet Summit to be held January 24-26 at the San Jose DoubleTree Hotel. The Summit will cover the latest architectures, development platforms and methods, and applications. Expert panels will discuss best choices, as well as likely breakthroughs and long-term trends. Pre-conference seminars will introduce chiplets and their packaging, test, and integration. Alchip will be making available presentations and technical material that highlight its high-performance ASIC capabilities, including the company’s industry-leading advances in advanced packaging technology, flexible engagement model, and advanced technology track record. “As contributors...

Trading update for the three months ended 31 December 2022

Written by Customer Service on January 19, 2023. Posted in Earnings Releases And Operating Results.

PayPoint PlcTrading update for the three months ended 31 December 20221 19 January 2023 A positive quarter across the PayPoint Group with accelerated revenue growth across all three divisions Nick Wiles, Chief Executive of PayPoint Plc, said: “This has been another positive quarter for the PayPoint Group where net revenue growth has accelerated across all three of our business divisions, consistent with a more H2 weighted performance. We remain confident in delivering further progress in the current year, whilst our continued focus remains on the delivery of our strategic priorities, a strong operational performance and maintaining a tight control of our cost base. In Shopping, we continue to enhance our retailer partner proposition, with the further rollout of a number of key initiatives including Counter Cash, a growing contribution...

Wintrust Financial Corporation Reports Fourth Quarter and Full Year 2022 Results

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

ROSEMONT, Ill., Jan. 18, 2023 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $144.8 million or $2.23 per diluted common share for the fourth quarter of 2022, an increase in diluted earnings per common share of 1% compared to the third quarter of 2022. The Company had record annual net income of $509.7 million or $8.02 per diluted common share for the year ended December 31, 2022 as compared to net income of $466.2 million or $7.58 per diluted common share for the same period of 2021. Pre-tax, pre-provision income (non-GAAP) totaled a record $779.1 million for the year ended December 31, 2022, up 35% as compared to $578.5 million for the same period of 2021. Edward J. Wehmer, Founder and Chief Executive Officer, commented, “Wintrust finished the...

Eagle Bancorp, Inc. Announces Net Income for Fourth Quarter 2022 of $42.2 Million or $1.32 Per Diluted Share and Annual Earnings of $140.9 Million or $4.39 Per Diluted Share

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

BETHESDA, Md., Jan. 18, 2023 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $42.2 million for the fourth quarter 2022, compared to net income of $37.3 million for the prior quarter and $41.6 million for the year-ago quarter. Net income (basic and diluted) was $1.32 per share for the fourth quarter 2022, compared to $1.16 per share for the prior quarter and $1.30 per share for the year-ago quarter. The increase in earnings of $4.9 million from the third quarter of 2022 (the “prior quarter”) was primarily attributable to the difference created by moving from a provision to the allowance for credit losses to a reversal from the allowance for credit losses, a lower tax provision and higher net interest...

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