October 2026 — page 5
Gorman-Rupp Sales Growth Accelerates After a Slower Second Quarter
Third-quarter net sales reached a record $193.3 million, up 11.8% from a year earlier, and earnings were $0.86 a share.
First Hawaiian CRE Charge-Off Lifts Provision
The Hawaii bank booked a $20.3 million credit-loss provision, including a $12.5 million partial charge-off on a single commercial real estate loan, as net interest income reached $174.1 million.
Balchem Sets Consolidated Records, Grows All Segments
Net sales reached $290.7 million in the third quarter, with Animal Nutrition and Health operating earnings up 82.8% from a year earlier.
Booz Allen Raises Fiscal 2027 Adjusted EPS Outlook
The company lifted its adjusted diluted earnings range to $6.50–$6.70 after a quarter in which adjusted diluted EPS rose 18.1% to $1.76.
Nordson Completes Contrinex Sensor Acquisition
The precision-technology company said the sensor maker’s harsh-environment and miniature positioning technology fits its test-and-inspection portfolio and factory-automation focus.
1-800-Flowers.com Sells Personalization Units for $45 Million
The floral e-commerce operator completed a cash asset sale of Personalization Mall, Things Remembered, and Personalization Universe that it said was a major strategic shift.
SLB Restores Sequential Growth Across Regions
Third-quarter revenue reached $9.45 billion, up 5% from the prior quarter, as the Middle East rebounded and ChampionX posted its highest quarterly sales since the July 2025 deal.
Oak Valley's Net Interest Margin Widens to 4.24%
Third-quarter net interest income reached $19.80 million as the margin expanded 9 bps from 4.15% in the second quarter.
NorthEast Community Pays Off Borrowings as Construction Mix Grows
Net interest income was $26.1 million in the third quarter as the New York construction lender cut its net interest margin 29 bps to 5.09%.
Jakks Pacific Sets Third-Quarter Results Call
The toy maker said it would host an analyst teleconference at 5:00 p.m. ET on October 22, 2026, after issuing a press release of 2026 third-quarter results.
First National's Margin Expansion Accelerates
Tax-equivalent net interest margin widened 23 bps to 4.38% as earning-asset yields rose 24 bps and acquisition accretion added 18 bps.
First Citizens Completes BMO Branch Deal, Improves Funding Mix
Deposits rose 6.8% to $185.26 billion as the bank assumed 138 BMO branches and $4.9 billion of deposits, while it prepaid $8.00 billion of the Purchase Money Note.
First Capital's Tax-Equivalent Margin Expansion Slows
The Indiana community bank's tax-equivalent net interest margin reached 4.08% in the third quarter, a 10 bps step-up after a 17 bps expansion in the second quarter.
MarketAxess deal gets early end to HSR waiting period
The acquisition by Intercontinental Exchange satisfied its HSR condition, with shareholder and other regulatory approvals still outstanding.
FTC second request extends review of Curium-Lantheus deal
Both parties received requests for more information, extending the antitrust waiting period for Curium US’s acquisition of Lantheus.
Rogers Communications Generates Record Free Cash Flow in Third Quarter
Free cash flow rose 65% to 1.37 billion Canadian dollars for the period ended September 30, 2026
This Week in Energy — October 22, 2026
U.S. crude inventories declined as distillate and natural gas stocks increased. Valero reported a completed refinery project, and Kinder Morgan said a gathering expansion serving the Haynesville Basin was nearing completion.
Visional annual revenue rose 23.9%
The company said BizReach's corporate-user base expanded following active advertising.
Utah Medical Products Lifts Third-Quarter Operating Income
Operating income rose 7.0% to $2,795 thousand as sales fell 12.1% to $8,621 thousand.
Steel Dynamics Extends Sequential Profit Gain
Third-quarter net income reached $756 million, or $5.26 a share, as steel operations posted $1.0 billion of operating income.
RTX Raises 2026 Sales and Earnings Outlook Again
Adjusted earnings were $2.26 a share after a second consecutive lift to full-year adjusted sales, EPS, and free cash flow.
Philip Morris Raises Full-Year Volume Outlook
The company lifted its 2026 shipment-volume assumption to growing from broadly stable to slightly growing, with high single-digit smoke-free shipment growth.
Packaging Corp. Legacy Business Adds to Third-Quarter Earnings Growth
Earnings excluding special items were $3.04 a share, $0.13 above the $2.91 third-quarter outlook.
Alpine Lifts 2026 Investment Outlook After Record Deal Flow
Alpine Income Property Trust raised 2026 AFFO guidance to $2.20–$2.22 a share after year-to-date investment activity exceeded $300 million, including a pending $117.3 million industrial portfolio.
P&G Restores Organic Sales Growth After a Stalled Quarter
Organic sales rose 4.0% in the July–September quarter as volume and mix returned, and the company kept its fiscal 2027 organic-sales and core-EPS ranges intact.
OP Bancorp's Net Interest Margin Rebounds After Fed Accrual
Net interest income rose 11% to $22.21 million and the margin expanded 19 bps to 3.27% as loan growth and a Federal Reserve account normalization more than offset higher deposit costs.
Norfolk Southern Reverses Second-Quarter Earnings Decline
The railroad posted $3.5 billion of third-quarter revenue, a 14% year-over-year gain, and $1.15 billion of income from railway operations.
Northrop Grumman Lifts 2026 Profit Outlook After Record Backlog
Third-quarter sales rose 7% to $11.1 billion as the company raised MTM-adjusted EPS guidance to $29.35–$29.75.
National Bankshares Margin Reaches 3.21% After MBS Swap
Net interest income rose to $13.85 million as the taxable-securities yield jumped 54 bps to 3.34% after a second-quarter portfolio repositioning.
Netflix Cuts 2026 Ad Revenue Outlook After Slow Rollout
Full-year revenue is now $51.1 billion, 0.2% below the prior range midpoint, with advertising seen at about $2.7 billion instead of $3 billion.
First Western's Net Interest Margin Expansion Slows
Net interest income rose 5.5% to $23.0 million as the margin widened 5 bps to 2.95% after a 9 bps gain in the second quarter.
Lockheed Martin Lifts 2026 Sales and Cash Outlook Again
Third-quarter sales were $20.7 billion and the company now sees 2026 free cash flow of about $7.8 billion to $8.0 billion, after raising guidance for the second straight quarter.
Intuitive Records $450 Million Antitrust Settlement Charge
Third-quarter revenue reached $3.05 billion, up 22%, as worldwide da Vinci and Ion procedures grew about 15%.
Honeywell Technologies Raises 2026 Outlook After Organic Growth
Organic sales growth accelerated to 7% in the third quarter, and the company lifted full-year organic growth to 4%–5% and adjusted EPS to $8.40–$8.45.
FVCBankcorp CRE Concentration Reaches Recent Low
Net interest income was $18.4 million in the third quarter as the margin held at 3.32% and CRE-plus-construction loans reached 275% of risk-based capital.
Eagle Financial Extends Net Interest Margin Expansion
Net interest margin reached 3.95% in the third quarter as the holding company for Bank of Clarke posted $17.6 million of net interest income and announced a merger with John Marshall Bancorp.
Dover Raises 2026 Adjusted Earnings Outlook
Organic sales rose 7.1% in the third quarter as Climate & Sustainability Technologies and Clean Energy & Fueling led the diversified manufacturer.
Quest Raises 2026 Revenue and EPS Guidance Again
Third-quarter revenue reached $3.10 billion, up 10.0%, as Quest lifted full-year net revenue to as much as $12.105 billion.
Carpenter Lifts Buyback After Record First-Quarter Profit
Operating income reached a record $196.4 million as Aerospace and Defense demand accelerated and Specialty Alloys margins held near the prior quarter's peak.
BayCom Completes Bond-Book Repositioning After a Loss
Net interest margin reached 4.11% as the bank booked a $6.8 million loss on $106.8 million of securities sold.
Climb Global Solutions Acquires NeoVAD for $18.0 Million
The IT reseller adds about 300 French resellers and deeper Cato Networks, DataCore and Netwrix ties as it expands its European platform.
Banner Completes $186.8 Million Pacific Financial Stock Merger
The all-stock deal lifts Banner into a combined franchise of about $18 billion in assets and densifies its Western Washington and Western Oregon footprint.
Sandisk Agreed to Split Out Major Costs After SEC Push
Sandisk revised its proposed segment disclosures to separate major charges and give investors a clearer breakdown of research and administrative spending.
U.S. Bancorp NIM Expands as Credit Card Purchase Lifts NII
Net interest margin reached 2.84% and taxable-equivalent net interest income rose to $4,490 million as a small-business card purchase and fixed-asset repricing added to the spread.
State Street Servicing Fees Hit Record AUC/A as NIM Widens
Servicing fees reached $1,492 million as assets under custody and administration rose to a record $59.2 trillion.
Nordea lifts net interest income as fees and AuM expand
Net interest income reached EUR 1,799 million in the third quarter of 2026, with assets under management at a record EUR 509.4 billion.
Morgan Stanley Wealth Management Posts Record $9.1 Billion Quarter
Wealth Management net revenues hit a record $9.07 billion as net new assets reached $232.4 billion and firm net interest income rose 17% sequentially.
GoPro Revises First- and Second-Quarter Losses in Amended Accounts
The amendments reduced the first-quarter loss and slightly increased the second-quarter loss.
Western Alliance Reverses Second-Quarter Margin Decline
The bank’s net interest margin widened 4 bps to 3.57%, while its deposit overhaul reduced quarterly costs recorded in non-interest expense by $13.8 million.
Wabtec Tightens 2026 Adjusted Earnings Outlook
The rail-technology company lifted 2026 adjusted EPS guidance to $10.85–$11.05 after third-quarter sales of $3.12 billion and a 22.0% rise in adjusted earnings.