MALVERN, Pa., Oct. 23, 2025 (GLOBE NEWSWIRE) — Meridian Corporation (Nasdaq: MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)(Unaudited) September 30,2025   June 30,2025   September 30,2024Income:          Net income $ 6,659   $ 5,592   $ 4,743Diluted earnings per common share   0.58     0.49     0.42Pre-provision net revenue (PPNR)(1)   11,523     11,090     8,527(1) See Non-GAAP reconciliation in the Appendix Net income for the quarter ended September 30, 2025 was $6.7 million, or $0.58 per diluted share, up $1.1 million, or 19%, from prior quarter.Pre-provision net revenue1 for the quarter was $11.5 million, an improvement of $3.0 million, or 35%. from Q3’2024.Net interest margin was 3.77% for the third quarter of 2025, while loan yield improved to 7.37%,...

Core Business Momentum and Operating Leverage Drive Double-Digit EPS Growth in Third Quarter SAN JOSE, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) today announced its financial results for the third quarter and first nine months of 2025. All data are unaudited. REPORTED THIRD QUARTER 2025 HIGHLIGHTS:Net Income Diluted Earnings Per Share (“EPS”) Pre-Provision Net Revenue (“PPNR”) Fully Tax Equivalent (“FTE”) Net Interest Margin(1) Efficiency Ratio Return on Average Tangible Common Equity(1)$14.7 Million $ 0.24 $21.0 Million 3.60 % 58.05 % 11.14 %                   CEO COMMENTARY: “We executed well in the third quarter, generating double digit EPS growth and positive operating...

— Earnings per Share of $1.37, or $1.55 Excluding Special Items, Setting a Third Quarter Record — — Operating Income of $71 Million, or $78 Million Excluding Special Items — — Continued Strong Operating Margin and Cash Flow — NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading, technology-driven specialty minerals company, today reported earnings per share for the third quarter ended September 28, 2025, of $1.37 or $1.55 excluding special items. Third Quarter 2025 Consolidated Results In the third quarter, MTI’s worldwide net sales were $532 million, up 1 percent sequentially and up 1 percent year over year. Reported operating income was $71 million, or $78 million excluding special items, down 1 percent sequentially and year over year. Operating...

GUELPH, Ontario, Oct. 23, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A), a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2025. QUARTERLY HIGHLIGHTS:Sales of $218 million in the quarter, a 13.7% increase vs quarter 3, 2024; Adjusted EBITDA of $30 million, or 13.9% of sales; Gross margin of $66 million or 30.1% of sales; Net earnings of $17.4 million; Adjusted earnings per share of $1.56. Earnings per share of $1.46; Backlog is 27.7% higher than the beginning of the year; Significant data centre project orders booked subsequent to quarter-end.“HPS delivered another strong quarter in Q3 2025, generating $218 million in revenue, our second highest quarter for shipments ever. The...

CALGARY, Alberta, Oct. 23, 2025 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third-quarter 2025 results on Friday, October 31, 2025. The news release will provide consolidated third-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com. Third-quarter 2025 conference call: 9 a.m. MT (11 a.m. ET) For analysts wanting to join the call, please register in advance. To participate in the conference call, complete the online registration form in advance of the call start time. Once registered, you will receive a unique PIN to access the call by phone. You can either dial into the conference call by using the unique PIN or select the “Call Me” option to receive an automated call directly to your phone. A live audio...

IOWA CITY, Iowa, Oct. 23, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we,” “our,” or the “Company”) today reported results for the third quarter of 2025. Third Quarter 2025 Summary1Net income of $17.0 million, or $0.82 per diluted common share. Adjusted earnings of $18.1 million, or $0.872 per common share.Noninterest income was $10.3 million, which included a negative MSR valuation adjustment of $611 thousand. Noninterest expense was $37.6 million, which included a $655 thousand loss on extinguishment of debt and merger-related costs of $132 thousand. Efficiency ratio of 58.21%2.Net interest margin (tax equivalent) was 3.57%2; core net interest margin expanded 1 basis point (“bps”) to 3.50%2. Annualized loan growth of 3.5%. Total deposits increased...

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) — Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended September 30, 2025:Financial Results        Three months ended September 30,  2025   2024Net loss per diluted share $                   (1.40 )   $                (0.03 )Core FFO per diluted share                        0.22                          0.23                 Operational HighlightsSame-store multifamily NOI decreased by 1.8% compared to the prior year quarter Same-store Average Effective Monthly Rent Per Home increased 1.1% compared to the prior year quarter Effective blended Lease Rate Growth was 0.7% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (4.7)%...

Third Quarter 2025 SummaryNet income available to common shareholders of $3.2 million in Q3 2025, compared to $2.5 million in Q2 2025 Diluted earnings per share of $0.32 in Q3 2025, compared to $0.26 in Q2 2025 Total deposits increased $320 million, or 12.6%, from $2.53 billion in Q2 2025 to $2.85 billion in Q3 2025 Net interest income increased $1.6 million, or 8.9%, from $17.9 million in Q2 2025 to $19.5 million in Q3 2025 Non-interest income increased $0.5 million, or 7.9%, from $6.3 million in Q2 2025 to $6.8 million in Q3 2025DENVER, Colo., Oct. 23, 2025 (GLOBE NEWSWIRE) — First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the third quarter ended September 30, 2025. Net income available to common shareholders was $3.2 million, or $0.32 per diluted share,...

CALHOUN, Ga., Oct. 23, 2025 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2025 net earnings of $109 million and earnings per share (“EPS”) of $1.75; adjusted net earnings were $167 million, and adjusted EPS was $2.67. Net sales for the third quarter of 2025 were $2.8 billion, up 1.4% as reported and essentially flat on an adjusted basis versus the prior year. During the third quarter of 2024, the Company reported net sales of $2.7 billion, net earnings of $162 million and earnings per share of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. For the nine months ended September 27, 2025, net earnings and EPS were $328 million and $5.24, respectively; adjusted net earnings were $435 million, and adjusted EPS was $6.96. Net sales for the first nine months of 2025 were...

BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) — The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 27, 2025. Key results were: Third Quarter 2025 Summary:Depletions decreased 3% and shipments decreased 13.7% Net revenue of $537.5 million decreased 11.2% Gross margin of 50.8% up 450 basis points year over year Net income of $46.2 million, an increase of $12.6 million.  Excluding the impact of the prior year non-cash brand impairment charge of $29.1 million, net income declined $16.4 million or 26.3% Diluted income per share of $4.25Year-to-date 2025 Summary:Depletions decreased 3% and shipments decreased 3.7% Net revenue of $1.579 billion decreased 1.9% Gross margin of 49.7% up 420 basis points year over year Net income of $131.0 million, an increase of $32.6 million. ...