Industries — page 25
Nautilus Shifts Roadmap to Proteoforms, Delays Broadscale
The company booked $0.2 million of second-quarter revenue and said Voyager pre-orders are expected in early 2027.
CF Bankshares Net Interest Margin Widens 24 Basis Points
Net interest income rose 11.4% to $14.8 million as average loan yield climbed 25 bps and commercial fundings of $135 million lifted net commercial loan growth to $52 million.
Blue Ridge Bankshares Restarts Loan Growth After 13-Quarter Pause
Loans held for investment rose $19.6 million, a 4% annualized rate, as pre-tax, pre-provision income excluding severance reached $2.9 million.
Middle East Disruptions Hit Supply Chains
Conflict tied to Iran, Israel and the United States is pushing from energy and petrochemicals into oilfield services and food shipping routes.
Ranger Wireline Turns Profitable After Winter Slump
Second-quarter Adjusted EBITDA reached $28.6 million, a 16.2% margin, as Wireline swung to a $1.0 million operating profit.
Richmond Mutual Completes Farmers Bancorp Combination
Net interest income rose 5.5% to $12.1 million as the margin reached 3.22%, while $1.9 million of merger costs and a higher credit-loss provision cut earnings to $0.22 a share.
Citizens Community's Credit Provision Jumps After Nonaccrual Spike
The Wisconsin-Minnesota lender booked a $4.33 million provision as nonperforming assets rose $14.2 million, while net interest income still rose $0.5 million.
Energy Transfer Expands Gulf Coast Footprint Through Strategic Acquisitions
The midstream operator integrated Buckeye and Gulf Coast assets while streamlining Permian terminal holdings to optimize its crude and product pipeline network.
Kinder Morgan Navigates Leadership Turnover Across Interstate Pipeline Network
The infrastructure giant managed critical rate adjustments and LNG send-out capacities while facing a wave of executive resignations across its subsidiaries.
Energy Transfer Manages Regulatory Shifts Across Interstate Pipeline Portfolio
The company navigated material legal proceedings and rate adjustments across its multi-state gas transmission network in 2024.
American Electric Power leverages FERC orders to boost non-operating income
The multi-state utility shifted its Texas footprint toward a pure transmission model while navigating high customer concentration in Kentucky and Texas.
Enterprise Products Expands Midstream Footprint Through Strategic Asset Consolidation
The partnership integrated new pipeline entities and finalized ownership of Wilprise to streamline its regulated transport network.
Ameren expands MISO transmission footprint through multi-billion dollar project awards
The holding company leveraged formula ratemaking and securitization tools to fund grid expansion and the accelerated retirement of coal assets.
An Appellate Ruling Narrows a Long-Running Software Patent Fight
The court vacated the damages award but left liability intact, sending the number — not the question — back for retrial.
Verizon Raises Full-Year Outlook as Service Revenue Accelerates
The telecommunications provider expanded its full-year adjusted EPS growth guidance to a range of 6.0% to 7.0%.
Sensient Raises Profit Guidance Again as Color Unit Surges
Sensient Technologies posted 36.4% diluted EPS growth in the second quarter and raised its full-year profit outlook for the second straight time.
S&T Bancorp Profit Climbs as Loan Growth Offsets Deposit Runoff
S&T Bancorp (STBA) posted second-quarter net income of $36.6 million, or $1.02 a share, up 8.5% from the prior quarter as commercial lending expanded and margins widened.
Revenue Rebounds as Acquisition Masks Core Decline
Revenue reached $8.97 billion as cash generation strengthened from the previous quarter.
RingCentral Lifts Guidance Again as AI Revenue Share Hits 13%
RingCentral's revenue growth accelerated to 5.9% in the second quarter, its fastest pace in a year, as the company raised its full-year outlook for the second straight quarter.
Prudential Advances Reimbursements, Tightens Sales Oversight
The insurer had addressed ¥2.85 billion of the original ¥3.08 billion in claims by July 8.
Ovintiv Raises 2026 Oil Outlook After Anadarko Sale
The company now expects 630 to 645 thousand barrels of oil equivalent a day for the year, up from a February range that started at 620, with capital unchanged.
NextEra Energy raises growth targets following Dominion Energy merger proposal
Consolidated GAAP net income rose to $3.144 billion in the second quarter
Modine Posts Fourth Straight Record Quarter, Lifts FY2027 Outlook
Modine Manufacturing's adjusted EBITDA climbed 40% to a record $146.1 million as its data-center cooling business kept reshaping the company ahead of a planned spin-off.
Comstock Delays Silver Springs Plant Start to August
The company expects the recycling facility to generate about $5 million of revenue in the second half of 2026 after operating at least 25% of rated capacity from August.
HomeTrust's Margin Keeps Climbing as Credit Costs Jump
HomeTrust Bancshares (HTB) pushed its net interest margin to 4.41% in the June quarter even as a swing in off-balance-sheet exposure drove provision expense up 149% and return on assets slipped to 1.46%.
Greene County Bancorp's Margin Widens to 2.86% as Loans Outrun Deposits
Net interest margin expanded 49 basis points to 2.86% at Greene County Bancorp, powering a third straight quarter of record net income even as deposit growth slowed to 2.8%.
Flagstar Ends Margin Expansion as Commercial Loans Grow
Net interest margin slipped 2 bps to 2.13% as lower asset yields outweighed cheaper funding.
Equity LifeStyle Raises Full-Year Normalized FFO Outlook
Second-quarter Normalized FFO was $0.74 a share, 7.7% above a year earlier and above the midpoint of prior guidance.
Community West Profit Slides as USB Merger Costs Bite
Community West Bancshares closed its merger with United Security Bancshares and pushed assets past $5 billion, but net income fell to $2.70 million from $11.49 million a quarter earlier.
Customers Bancorp Flags Second-Quarter NIM Trough
Net interest margin, tax equivalent, fell to 3.17% as the company said the quarter is expected to mark the low before a rebound to roughly first-quarter levels in the third quarter.
Booz Allen EPS Rises 22% as Book-to-Bill Ratio Improves
The consulting firm reported adjusted diluted earnings per share of $1.81 for the first quarter of fiscal 2027.
ACNB's Margin Streak Hits 4.56% as Bank Steps Up Payouts
ACNB Corporation (ACNB) posted a fourth straight quarter of net interest margin expansion, reaching 4.56% in the second quarter, even as it paid out a $0.50 special dividend and pushed regular dividends up 10.5%.
Berkshire Hathaway Completes $8.5 Billion Taylor Morrison Acquisition
The all-cash acquisition unified Berkshire’s regional builders with a national platform spanning 52 housing markets.
Surgery Partners to Sell Hospital Interests in $795 Million Cash Deal
The divestiture is part of a portfolio optimization strategy to shift focus toward high-value ambulatory surgery centers.
Matador to Buy Paloma Permian in $1.275 Billion All-Cash Deal
The acquisition would expand Matador’s Delaware Basin position and is expected to add production, reserves and operating efficiencies.
Volume Growth Carries Global Systemic Banks, Costs Split
Balance growth lifted eight of the season's eleven reporting global systemic banks, while a smaller cluster wrestled with rising costs and normalizing credit in the same breath.
Waterstone's Net Interest Margin Reaches 3.03%
Community Banking net interest income hit a record $15.8 million as the margin expanded 6 bps from 2.97% in the first quarter.
Wyndham Raises Guidance Despite Franchisee Insolvency Hit
Wyndham Hotels & Resorts posted a 9% rise in adjusted EBITDA to $212 million even as it stripped out revenue tied to a collapsed European franchisee and raised its full-year outlook.
Waste Connections Raises Outlook as Pricing Offsets Falling Volumes
Waste Connections (WCN) lifted its full-year revenue guidance to $10.02 billion-$10.05 billion after second-quarter revenue rose 6.4% to $2.562 billion, even as unit volumes fell for a second straight quarter.
Thermo Fisher Accelerates Revenue Growth as Demand Strengthens
Organic revenue growth reached 5%, up from 1% in the prior quarter.
Gentherm Posts Record Revenue as Margins and Cash Flow Slip
Gentherm reported record quarterly revenue of $416 million even as gross margin and operating cash flow both weakened from a year earlier.
RTX Raises 2026 Outlook After Organic Sales Accelerate
Second-quarter sales reached $24.7 billion, up 16% organically, and the company lifted full-year adjusted sales to $95.0–$96.0 billion.
Roper Raises Outlook as Revenue Growth Slows
Adjusted earnings reached $5.38 a share, topping the prior forecast by eight cents.
Rhinebeck Completes Second-Step Conversion After a $0.24 Quarter
The Dutchess County bank sold 8.88 million shares at $10.00 for $88.8 million of gross proceeds after second-quarter net income of $2.6 million.
QCR Holdings' LIHTC Pipeline Drives Fee Income as Balance Sheet Shrinks
QCR Holdings (QCRH) generated $26.1 million in capital markets revenue for the first half of 2026 even as total loans held near $7.0 billion following planned runoff and a wave of LIHTC securitizations.
PG&E Lifts Profit as Lower Costs Widen Margins
Core earnings increased 36% to $920 million as operating expenses declined.
Orrstown Loan Growth Accelerates as Sub Notes Are Redeemed
Loans rose $51.7 million, or about 5% annualized, to $4.1 billion as the bank redeemed $31.0 million of subordinated notes and reported a 4.00% core net interest margin.
Old National's Margin Pressure Eases as Loan Growth Reaccelerates
Old National Bancorp (ONB) held net interest margin nearly flat at 3.54% in the second quarter while period-end loans grew 8.3% annualized to $50.8 billion.
Mobileye Founder Shashua to Step Down as CEO
Amnon Shashua will exit the chief executive role after 27 years at the helm of Mobileye Global (MBLY), the company said, capping a quarter in which revenue swung from a 9% decline to 27% growth.
Isabella Bank Signs Grand River Commerce Merger
Second-quarter net interest income reached $18.1 million as the fully tax-equivalent margin widened 21 bps sequentially to 3.54%.