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HUNT VALLEY, Md.--(BUSINESS WIRE)---- $OHI #Healthcare--Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Company's Board of Directors declared a cash dividend of $0.68 per share, increasing the quarterly dividend on its common stock by $0.01 per share over the previous quarter. The dividend is payable Friday, August 14, 2026, to common stockholders of record as of the close of business on Monday, August 3, 2026.Taylor Pickett, Omega's Chief Executive Officer, stated, “We are pleased to announce a.

Snap Inc (NYSE:SNAP) is expected to remain under pressure to demonstrate stronger advertising revenue growth when it reports second-quarter earnings, with Jefferies saying the company's ads business continues to be the key issue despite expectations for improving overall revenue growth.

The brokerage reiterated its ‘Buy’ rating on Snap while lowering its price target to $5.50 from $8, writing that although it remains positive on the company's engagement scale and long-term monetization opportunity, "the core issue remains ad rev growth, which has yet to show meaningful improvement."

Snap shares traded hands at about $4.40 on Thursday afternoon, down about 45% so far this year.

Jefferies expects Snap to report Q2 revenue growth of 14% year over year, in line with Wall Street estimates. The analysts wrote that advertising revenue should reaccelerate from 3% growth in the first quarter, helped by an easier year-over-year comparison and guidance that had already incorporated a full quarter of Middle East-related headwinds.

The firm said revenue from Snap+ subscriptions and Memories products remains more difficult to forecast because of limited visibility, though it remains constructive on the recent momentum in those businesses.

For the third quarter, Jefferies wrote that the Street's forecast for 13% year-over-year revenue growth appears achievable, with potential upside from World Cup-related advertising spending and Memories Storage. The analysts noted that consensus implies quarter-over-quarter revenue growth consistent with seasonal trends over the past three years, while the expiration of the 12-month Memories Storage grace period in September could provide an additional boost.

Jefferies also identified daily active user growth as a swing factor, citing age verification requirements and other regulatory changes. While the firm sees limited revenue risk from those changes, it noted they could weigh on investor sentiment if engagement growth slows further.

On profitability, Jefferies expects Snap to reiterate its full-year cost guidance following its April restructuring, including operating expenses of about $2.75 billion, other cost of goods sold at 16% to 17% of revenue, and infrastructure costs of $1.6 billion to $1.65 billion.

While Jefferies remains constructive on Snap's longer-term monetization opportunity, it wrote that continued investment in Specs following a weak initial reception, along with the collapse of a partnership with Perplexity, has tempered expectations, leaving the company's advertising growth as the primary focus heading into earnings.

Freeport McMoRan Post-Earnings: Why Good Enough May Finally Be Good EnoughFreeport-McMoRan NYSE: FCX executives said the copper producer’s second-quarter 2026 results reflected “progress” across its major operating regions, citing better-than-forecast copper sales and unit cash costs, a continuing recovery at the Grasberg Block Cave mine in Indonesia and stronger performance from U.S. operations.

Richard Adkerson, Freeport-McMoRan’s chairman of the board, said the company continues to benefit from its long-standing focus on copper and its portfolio of long-lived assets. “Electricity means copper,” Adkerson said, adding that the company is positioned to grow as global electrification increases copper demand.

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3 Multi-Metal Stocks for Income and Long-Term GrowthPresident and Chief Executive Officer Kathleen Quirk said second-quarter copper sales and unit cash costs exceeded the company’s forecast. She also said favorable metal prices supported “significant margins, cash flows, and earnings.” For the first half of 2026, Quirk said Freeport-McMoRan’s U.S. mining operations contributed 2.4 times more operating income than in the prior-year period, while consolidated net income rose 65% from the first half of 2025.

The company returned $600 million to shareholders in the first half of the year, including roughly $200 million through share repurchases. Quirk also said Freeport-McMoRan increased its ownership in Cerro Verde through open-market purchases, bringing total purchases over roughly two years to more than $300 million and increasing its ownership by 2 percentage points to more than 55%.

Grasberg Ramp-Up Remains Central to 2026 Outlook Freeport Tanks Again on Mine Delay—Long Term Outlook Stays StrongExecutives highlighted the ongoing ramp-up of the Grasberg Block Cave mine as a major operating priority. Quirk said production rates at the mine doubled during the quarter, rising from an average of 34,000 tons per day in April to 69,000 tons per day in June.

Freeport-McMoRan continues to target overall rates in the Grasberg district at approximately 65% of full capacity in the second half of 2026, rising to 80% by mid-2027 and approaching full capacity by the end of 2027. Quirk said upgrades to the material handling system for the automated rail system are progressing on schedule, and the company is advancing work to restart Production Block One South in 2027.

Mark Johnson, president and chief operating officer of Freeport-McMoRan Indonesia, said the company is installing new technology in chute galleries and pursuing risk mitigation initiatives, including drilling and drainage work related to the old pit bottom.

Freeport-McMoRan also submitted a formal application in June to extend its operating rights in Indonesia for the life of the resource, following a memorandum of understanding with the Indonesian government earlier this year. Quirk said the company is working through the regulatory process and aims to complete the extension this year, though there is no prescribed timeline. Adkerson said recent meetings with Indonesian officials were positive and that the extension would benefit shareholders, the government, workers and local communities.

U.S. Operations Show Higher Mining Rates In the U.S., Quirk said the company is making “important and tangible progress” in increasing mining and processing rates. At Morenci, second-quarter mining rates were 30% higher than the average achieved over the past five years. Quirk said sustaining those higher rates should translate into improved copper production over time.

Cory Stevens, president and chief operating officer for the Americas, said the company has focused on people, process and technology to improve equipment reliability and mine performance. He said Freeport-McMoRan is also transitioning trucks at Morenci to higher-capacity 400-ton ultra-class trucks, with additional trucks planned next year.

The company continues to pursue its leaching initiative, which is aimed at increasing copper recovery from existing stockpiles. Quirk said Freeport-McMoRan is currently producing around 200 million pounds annually from these efforts and is targeting a 300 million-pound run rate by the end of 2026. Longer term, the company has described a potential path to 800 million pounds per year.

Stevens said early results from the company’s first-generation leach additives have been better than expected, and additional additive tests are planned at Morenci, New Mexico and El Abra. Freeport-McMoRan is also testing heated leaching solutions at Morenci and El Abra.

Growth Projects Advance in Arizona, Chile and Indonesia Quirk said Freeport-McMoRan is nearing an investment decision on a major expansion of its Bagdad mine in Arizona. The project would more than double production at Bagdad and make it the second-largest copper mine in the U.S. behind Morenci, according to Quirk.

The company is finalizing capital cost estimates and expects to seek board approval in the second half of 2026. Preliminary indications based on current market conditions point to capital of about $4.5 billion, approximately 30% above a 2023 estimate. Quirk attributed the increase to commodity and labor escalation, revisions to project scope and updated engineering estimates. She said the project remains supported at a $4 per pound copper price, below current market levels.

Freeport-McMoRan is also advancing regulatory work for a major expansion at El Abra in Chile, where it partners with Codelco. Quirk said the Chilean government is engaged in the review process following the company’s environmental impact study submission in March. The company is also studying expansion and development options in the Safford Lone Star District in the U.S. and continuing development of the Kucing Liar project in Indonesia.

Financial Outlook Reflects Higher Volumes Ahead Chief Financial Officer Maree Robertson said Freeport-McMoRan’s three-year outlook for copper, gold and molybdenum sales remains broadly consistent with April estimates. The company expects second-half 2026 copper sales to be more than 20% higher than the first half, while gold sales are expected to be more than 65% higher.

For 2027, Robertson said annual copper sales are expected to increase by more than 20% compared with 2026, while gold volumes are expected to rise by more than 50%. Additional growth is projected in 2028.

Robertson said the company now estimates 2026 average unit net cash costs at approximately $1.90 per pound, slightly below the April estimate of $1.95 per pound, as higher by-product credits more than offset other cost increases. She noted that oil, sulfur and acid markets remain volatile.

Freeport-McMoRan’s modeled outlook shows annual EBITDA ranging from approximately $13 billion at $5 per pound copper to $20 billion at $7 per pound copper, using average 2027 and 2028 volume and cost estimates and assuming gold at $4,000 per ounce and molybdenum at $30 per pound. Robertson said each $0.10 per pound move in copper equates to about $390 million in annual EBITDA during that period.

Capital expenditures for 2026 remain consistent with the prior forecast, while 2027 capital is now estimated at $4.8 billion, about $300 million higher than the April estimate. Robertson said the increase reflects investments in upgraded mining equipment and revised cost estimates. The forecast excludes major projects still subject to final studies and board approval, including the Bagdad expansion.

Robertson said Freeport-McMoRan’s financial policy remains focused on maintaining a strong balance sheet, returning cash to shareholders and investing in value-enhancing growth projects. Since adopting the policy in 2021, she said the company has distributed $6.3 billion to shareholders through dividends and share purchases.

About Freeport-McMoRan (NYSE:FCX)Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Freeport-McMoRan Right Now?Before you consider Freeport-McMoRan, you'll want to hear this.

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Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

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MONTREAL, July 23, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2026 financial and operating results at 7:30 a.m. Eastern Time on July 24, 2026.

Key Takeaways ALGN is expanding globally, with double-digit Clear Aligner volume growth across EMEA and APAC regions. ALGN is strengthening digital dentistry through iTero platform enhancements and workflow software innovation. ALGN faces foreign exchange and macroeconomic pressures that continue to weigh on margins and costs. Align Technology’s (ALGN - Free Report) international expansion efforts to broaden the business are poised to bring significant growth in the upcoming quarters. Also, iTero is gaining from the rapidly evolving intraoral scanning technology in the industry. However, a dull macroeconomic environment and unfavorable foreign exchange movements raise concerns about the company’s sales growth.

In the past year, this Zacks Rank #3 (Hold) company’s shares have lost 11.1% against 11.9% growth of the industry. In contrast, the S&P 500 composite has risen 21.9%.

The renowned medical device company has a market capitalization of $11.26 billion. ALGN projects a long-term estimated earnings growth rate of 10.3% compared with 9.6% for the industry. Its earnings surpassed estimates in three of the trailing four quarters and missed in one, the average surprise being 7.8%.

Let’s delve deeper.

Upsides for ALGN StockGeographic Expansion Continues: Align Technology is expanding its sales and marketing reach by entering new countries and regions, including previously unexplored areas in Africa and Latin America. At the end of 2025, the company has 13 fabrication and treatment locations throughout the world. 

In the EMEA region, Clear Aligner volumes grew double digits year over year, led by increases in Iberia, Italy, Nordics, United Kingdom and Turkey. Growth was driven primarily by utilization gains across both GP and orthodontic channels. In APAC, Clear Aligner volumes also grew double digits year over year, led by China, India, Korea, Japan, India and Taiwan. Growth was broad-based, with teen and growing kid patient categories posting double-digit growth alongside continued growth among adult patients.

iTero in Focus: ALGN’s iTero intraoral scanners, alongside its Exocad CAD/CAM software, continue to gain traction globally as key tools in digital dentistry. iTero scanning remains central to digital workflows, enabling precise treatment planning and visualization. 

Additionally, new innovations, including the Invisalign Outcome Simulator Pro, iTero Design Suite, and Align Oral Health Suite, are being used to enhance diagnostic, restorative and orthodontic workflows. Recently, the company has introduced a set of enhancements to its iTero Digital Solutions platform — a comprehensive system that puts together intra-oral scanners, software tools and digital workflows used by dental and orthodontic practices. 

Image Source: Zacks Investment Research

What Ails ALGN?Currency Headwinds: Foreign exchange is a major headwind for Align Technology due to a considerable percentage of its revenues coming from outside the United States. Time to time, Clear Aligner Average Selling Prices (“ASP”) are significantly impacted by unfavorable foreign exchange across multiple currencies, especially the Japanese yen, Euro and Brazilian real. First-quarter gross margin was unfavorably impacted by foreign exchange of 0.4 points year over year.

Macroeconomic Concerns: Align Technology continues to navigate macroeconomic pressures, including inflation-driven increases in labor and freight costs, staffing shortages and ongoing supply-chain challenges — factors that are affecting profitability across the elective dental treatment space. In the first quarter of 2026, these issues led to a 1.4% increase in the company cost of sales.

ALGN Stock Estimate TrendThe Zacks Consensus Estimate for 2026 earnings per share (EPS) has remained unchanged at $11.36 in the past 30 days.

The Zacks Consensus Estimate for 2026 revenues is pegged at $4.19 billion, suggesting a 3.7% rise from the year-ago reported number.

Key PicksSome better-ranked stocks in the broader medical space are Alcon (ALC - Free Report) , Integra LifeSciences (IART - Free Report) and Phibro Animal Health (PAHC - Free Report) . 

Alcon has an earnings yield of 5.1% against the industry’s negative 2.8% yield. Shares of the company have gained 22.8% compared with the industry’s 4.8% growth. ALC’s earnings topped estimates in three of the trailing four quarters and missed in one, the average surprise being 3.7%.

ALC carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Integra LifeSciences, carrying a Zacks Rank #2 at present, has an earnings yield of 16% against the industry’s negative 3% yield. Shares of the company have gained 22.8% compared with the industry’s 4.8% growth. IART’s earnings topped estimates in each of the trailing four quarters, the average surprise being 16.8%.

Phibro Animal Health, carrying a Zacks Rank #2 at present, has an earnings yield of 9.2% compared with the industry’s 2.8% yield. Shares of the company have climbed 43.1% against the industry’s 27.9% decline. PAHC’s earnings beat estimates in each of the trailing four quarters, the average surprise being 16.3%.

Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance.

The firm expects solid product trends in the quarter, driven by price increases and improving channel checks, but wrote that investors will be looking for evidence the momentum can extend beyond the near term.

Jefferies expects product revenue growth to strengthen from the first quarter as Fortinet benefits from a full quarter of higher pricing and what it described as improving demand trends. The firm's proprietary survey showed performance versus plan improved sequentially, while channel checks pointed to healthy firewall demand despite some inventory constraints and longer appliance lead times.

The firm wrote that while product strength could continue for another quarter or two, it needs greater confidence that growth can be sustained into 2027 and that services billings, particularly subscriptions, will remain strong before becoming more constructive on the stock.

Billings will also be closely watched. Jefferies expects Fortinet to exceed its second-quarter billings guidance, which calls for 20% year-over-year growth at the midpoint, but does not expect management to significantly raise its full-year billings outlook given tougher comparisons in the second half of the year and longer lead times for appliances.

Margins are another focus. Jefferies expects Fortinet's midpoint guidance for a 34% non-GAAP operating margin to be achievable, supported by recent price increases and lower-cost inventory. However, it wrote that investors are likely to monitor the impact of rising memory costs and longer procurement cycles on margins later this year.

Jefferies' latest survey showed Fortinet's average performance versus plan improved to 2.3% above plan in the second quarter from 0.5% below plan in the first quarter, outperforming the average across cybersecurity vendors covered in the survey. The firm also wrote that investors will be looking for further signs of momentum in Fortinet's secure access service edge (SASE) business as the company continues to expand its bundled offerings.

Shares of Fortinet are up about 90% so far this year, trading hands at $151 on Thursday.

New York, New York--(Newsfile Corp. - July 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306335

Source: The Rosen Law Firm PA

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, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: GTM) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZOOMINFO TECHNOLOGIES INC. (GTM), CLICK HERE BEFORE AUGUST 24, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About? 
The complaint filed alleges that, between November 3, 2025 and May 11, 2026, Defendants failed to disclose to investors that: (1) ZoomInfo's optimistic plan for continued growth was undermined by slowing seat-based demand, weakening upsells and customers revising decisions to purchase AI products and develop internal AI-driven go-to-market solutions, making ZoomInfo's 2026 full year revenue guidance increasingly unlikely to be met; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More: 
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.  

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

How volatile are fuel markets this year?

Southwest Airlines hired a ship this spring to send jet fuel from Texas to California, where prices are much higher and concerns had grown about supply, Chief Financial Officer Tom Doxey told CNBC. It was a first for the Dallas airline.

"It brought like a week's supply to the West Coast at a time when when supply was most constricted ... when it was most at risk," Doxey said.

The ship, which left from Houston and went through the Panama Canal, arrived May 28 in Los Angeles and had about 12.6 million gallons aboard, Southwest said. For context, Southwest used 564 million gallons of jet fuel in the last quarter.

The West Coast is much more reliant on imports than other parts of the country. Jet fuel prices spiked and have been volatile since the U.S. and Israel struck Iran in February.

Southwest said Thursday that its fuel expenses were up nearly $900 million in the second quarter from last year.

For the shipment to California, the airline said it used a waiver of the Jones Act, a law from 1920 that requires shipments between U.S. ports to be carried on a U.S. ship. President Donald Trump waived that requirement in March as fuel prices were soaring in the weeks following the start of the Iran war and subsequent shipping snarls erupted in the Strait of Hormuz, a key channel.

Worries about supplies intensified as countries restricted exports this year, fearful of running low on fuel. Those concerns have since eased, a Southwest spokesman said.

Jet fuel is airlines' biggest expense after labor. Prices eased in late spring and early summer but rose again as tensions reignited with Iran this month.

Last week, United Airlines, which flies more internationally than any other U.S. carrier, said it is using the latest available fuel prices for its quarterly estimates because prices have been so volatile.

In its July 15 report, it said jet fuel increased $575 million, or a $1.12 hit to adjusted earnings per share, for the third quarter alone.

U.S. airlines have abandoned fuel hedges, which help them lock in costs through futures contracts, over the past decade or so as the U.S. was awash in supply, keeping a lid on prices.

This time around, carriers have scaled back their capacity growth plans, which is also helping boost fares. Airline executives this month said demand remains strong despite higher fares, which they say are likely to stick.

Read more CNBC airline newsDelta launches ‘basic business’ fares without lounge access, seat selectionRecord heat, crowds drive offseason boom in international travelDelta expects higher airfare to last, bringing 2026 profit goal in reach'Bring 'em on': Delta wants United's crown over the Pacific, tooSpirit's collapse, high fuel prices test limits of summer vacation spendingMeet the pilots flying Spirit Airlines' yellow jets to the desert

Blackstone Inc. (BX) Q2 2026 Earnings Call Transcript

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Crocs, Inc. (NASDAQ:CROX) has received a higher price target from Bank of America ahead of its second-quarter earnings report, with the firm reiterating its ‘Buy’ rating and raising its target to $160 from $145 on expectations that sustained direct-to-consumer (DTC) growth in North America could support further valuation expansion.

The firm increased its valuation multiple to 11 times its 2027 earnings estimate from 10 times previously, writing that additional evidence of durable North American DTC growth could drive further multiple expansion.

This price target implies upside from current levels of about $132.

Bank of America forecasts Q2 earnings per share of $4.24, broadly in line with Visible Alpha consensus estimates.

The firm sees the potential for upside in the quarter, supported by continued DTC momentum and an improving setup for the second half of the year as the company laps strategic actions taken last year that weighed on sales.

The analysts expect total second-quarter sales to decline 1% year over year, with growth in the Crocs brand's DTC business offset by weaker wholesale sales and continued declines at Heydude. They forecast North American DTC sales to rise 1%, below the Street's expectation of 2%, but noted that demand for newer products, including sandals, could support stronger results.

Bank of America highlighted continued consumer interest in new product launches, pointing to popular sandal styles such as the Miami Flip, where it has observed products selling out even after restocking.

On margins, the firm expects gross margin to decline 150 basis points year over year, in line with company guidance that incorporates tariff-related headwinds. While lower tariff rates and the potential for refunds could provide some relief, the analysts wrote that a greater contribution from newer products and sales channels with lower gross margins could offset those benefits.

Looking beyond the second quarter, Bank of America expects a more favorable operating environment in the second half of the year, supported by upcoming product launches, including the Echo 2 and Mellow 2 collections, and easier comparisons following last year's reductions in promotional activity and wholesale shipments.

The firm also sees the possibility that improving demand for new products could eventually benefit North American wholesale sales, although its current forecasts continue to assume negative wholesale trends through the remainder of 2026.

July 23, 2026 16:05 ET  | Source: WW International Inc.

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ: WW) (“Weight Watchers” or the “Company”) will release its results for the second quarter 2026 ended June 30, 2026, after market close on Wednesday, August 5, 2026.

Weight Watchers will host a conference call to discuss results at 5:00 p.m. ET the same day. The webcast of the conference call will be available on the Company’s corporate website, corporate.ww.com, under Events and Presentations. A replay of the webcast will be available on this site for at least 90 days.

About Weight Watchers
Weight Watchers is the global leader in science-backed weight management, offering an integrated support system built for the GLP-1 era that combines scientific expertise, medication, cutting-edge technology, and human connection. With more than 60 years of experience, Weight Watchers is the most studied commercial weight management program in the world, delivered through its No. 1 U.S. doctor-recommended weight-loss program. Its holistic, personalized approach also includes U.S.-based clinical interventions and access to GLP-1 medications when clinically appropriate, and a global network of coaches and community support. Since 1963, the company has led with science to deliver its members the personalized support they need to reach and sustain their goals. Members can access these solutions directly, or through Weight Watchers for Business’ full-spectrum platform for employers, health plans, and payers. In a landscape crowded with contradictory advice, isolating apps, and one-size-fits-all solutions, Weight Watchers offers a proven path forward that is rooted in research, grounded in empathy and designed to help every member feel better in their body and live a longer, healthier life. For more information, visit weightwatchers.com.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by the Company pursuant to United States securities laws contain discussions of these risks and uncertainties. The Company assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review the Company's filings with the United States Securities and Exchange Commission (which are available on the SEC's EDGAR database at www.sec.gov and via the Company's website at corporate.ww.com).

For investor inquiries, please contact:
Anna Kate Heller
[email protected]

For media inquiries, please contact:
Melissa Garbayo
[email protected]

By PYMNTS  |  July 23, 2026

 | 

Capital One has announced the open-source release of its in-house agentic AI security tool.

The banking giant’s VulnHunter is designed “to apply proactive, attacker-perspective analysis directly to the source code,” Capital One said in a news release.

“Advanced AI models have dramatically lowered the barrier for bad actors to discover and exploit vulnerabilities in software,” the release said.

“What once required significant skill and time can now be automated, accelerated, and scaled. The world faces an increasingly short window of time before highly sophisticated, next-generation AI attack capabilities become affordable and accessible to virtually every adversary. Across the industry, organizations are racing to prepare for this paradigm shift.”

According to the release, VulnHunter introduces technical innovations designed to “minimize speculative alerts and maximize actionable repair.”

Among these is a falsification engine built to “challenge its own conclusions” and minimize false positives before they get to development. Upon surfacing a finding, VulnHunter runs a structured reasoning workflow to “disprove its own argument,” the company said.

“This falsification engine actively searches for assumptions that don’t hold, logical gaps in the exploit path, and conditions that would prevent the attack from succeeding. It is designed to immediately discard findings that rely on unsupported assumptions,” the release said.

“The result: what reaches a developer’s attention has already survived a rigorous internal challenge. Every flagged vulnerability is one the tool has tried and failed to rule out.”

VulnHunter is available now and requires access to Claude Opus 4.8 and a working Claude Code environment, the release said.

In other Capital One news, PYMNTS wrote this week about the company’s latest earnings, which spotlight a more segmented consumer credit market.

In this environment, the report said, “lenders are drawing finer distinctions within credit tiers, millions of new accounts are still being opened and card products are increasingly being matched to both a borrower’s credit profile and expected spending behavior.”

Capital One’s treatment of its Discover portfolio demonstrates how much can differ among borrowers within large credit categories, the report added. Discover began expanding credit in 2022 before scaling back originations and credit-line increases starting in late 2023.

“Since acquiring the company, Capital One has tightened further in areas where it is less comfortable with borrowers’ ability to withstand financial pressure, particularly among high-balance revolvers,” PYMNTS added.

RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group Reports Second Quarter 2026 Results.

, /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on September 11, 2026, to shareholders of record at the close of business on August 14, 2026.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

Cautionary Statement

This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The payment and amount of future dividends could vary significantly from past amounts due to a number of risks and uncertainties. Risks and uncertainties include: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, future availability of credit and factors that may affect such availability or costs (including tighter credit conditions), levels of end market demand in construction, pandemic health issues, natural disasters and the financial condition of Otis' customers and suppliers; (2) risks associated with indebtedness; (3) challenges in the development and production of new products and services; and (4) the effect of changes in laws and regulations, political conditions and geopolitical conflicts in countries in which we operate and other factors beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

SOURCE Otis Worldwide Corporation

Snap-on Incorporated (SNA) Q2 2026 Earnings Call July 23, 2026 10:00 AM EDT

Company Participants

Sara Verbsky - Vice President of Investor Relations
Nicholas Pinchuk - Chairman, CEO & President
Aldo Pagliari - Senior VP of Finance & CFO

Conference Call Participants

David S. MacGregor - Longbow Research LLC
Christopher Glynn - Oppenheimer & Co. Inc., Research Division
Scott Stember - ROTH Capital Partners, LLC, Research Division
Gary Prestopino - Barrington Research Associates, Inc., Research Division
Bret Jordan - Jefferies LLC, Research Division

Presentation

Operator

Good day, and welcome to the Snap-on Incorporated 2026 Second Quarter Results Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the call over to Sara Verbsky, Vice President, Investor Relations. Please go ahead.

Sara Verbsky
Vice President of Investor Relations

Thank you, Cole, and good morning, everyone. We appreciate you joining us today as we review Snap-on's second quarter results, which are detailed in our press release issued earlier this morning. We have on the call Nick Pinchuk, Snap-on's Chief Executive Officer; and Aldo Pagliari, Snap-on's Chief Financial Officer.

Nick will kick off our call this morning with his perspective on our performance. Aldo will then provide a more detailed review of the financial results. After Nick provides some closing thoughts, we'll take your questions.

As usual, we provided slides to supplement our discussion. These slides can be accessed under the Downloads tab in the webcast viewer as well as on our website, snapon.com, under the Investors section. The slides will be archived on our website along with the transcript of today's call. Any statements made during this call relative to management's expectations, estimates or beliefs or that otherwise discuss management's or the company's outlook, plans or projections are forward-looking statements and actual results may differ materially from those made in such statements. Additional information and the factors

, /PRNewswire/ --

FMC Corporation (NYSE: FMC) announced today that its board of directors declared a regular quarterly dividend of 8 cents per share, payable on October 15, 2026, to shareholders of record as of the close of business on September 30, 2026.   

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in presentations, reports or letters to FMC stockholders.

In some cases, FMC has identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025 (the "2025 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2025 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  Forward-looking statements are qualified in their entirety by the above cautionary statement.

We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

SOURCE FMC Corporation

Match Group Inc (NASDAQ:MTCH)'s Tinder is showing tentative signs of improving user trends, but Jefferies said it remains too early to call a turnaround.

The brokerage said Match Group's most recent quarter showed early signs of improvement in new user registrations and monthly active user (MAU) declines, a trend that appears to have held up based on third-party MAU and download data.

Jefferies added that Tinder revenue and payers could outperform Street estimates this year if user givebacks come in lower than budgeted.

Still, the firm cautioned that it does not view recent product changes as materially altering Tinder's trajectory.

Jefferies is modeling Match Group's second-quarter total revenue down 1% year-over-year and Tinder payers down 110,000 quarter-over-quarter, largely in line with Street estimates and guidance. The firm sees possible upside toward the high end of guidance if a guided roughly $20 million Azar headwind and roughly $10 million Tinder UX testing impact prove less severe than expected.

Third-quarter revenue is expected to worsen to down 2% year-over-year as Tinder user givebacks pick up in the second half, with Jefferies modeling a 5% year-over-year decline in Tinder payers for the rest of the year. The firm noted Match Group still has roughly $45 million of givebacks budgeted after using less than expected earlier in the year, meaning payer declines could be more modest than expected if givebacks again come in below plan.

Jefferies also continues to expect revenue pressure from Azar's lower-monetizing relaunch over coming quarters.

While Match Group is targeting flat Tinder MAU growth by the end of 2027, Jefferies said it remains skeptical that incremental changes like branding refreshes and feature launches can drive a durable turnaround.

Jefferies called recent Tinder product changes, including Double Date, Astrology Mode and new event formats, helpful but still early. It does not expect the recent Tinder rebrand to materially shift user growth trends.

The firm remains concerned about structural challenges in the dating category and made no changes to its estimates. Its price target is based on 8x FY27 EBITDA, with a Hold rating and $35 price target on the stock.

Key Takeaways QuidelOrtho is poised for growth on its strong product portfolio and cost-saving progress.QDEL's Labs business leads first-quarter revenues, with Immunohematology and Point of Care adding support.Respiratory testing remains a key swing factor as lower demand pressures revenues and margins. QuidelOrtho Corporation (QDEL - Free Report) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by mixed first-quarter 2026 results, is expected to contribute further, along with progress in cost-saving initiatives. However, risks due to overdependence on the respiratory business persist.

This Zacks Rank #2 (Buy) company has lost 41.6% in the year-to-date period compared with the 21.8% decline of the industry. The S&P 500 has witnessed 9.5% growth in the said time frame.

The renowned rapid diagnostic testing solutions provider has a market capitalization of $1.12 billion. QuidelOrtho’s earnings yield of 11.4% compares favorably with the industry’s 3.1%. The company surpassed the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met estimates once, delivering an average negative surprise of 15.7%.

Image Source: Zacks Investment Research

Factors Favoring QDEL’s GrowthRobust Product Portfolio: QuidelOrtho’s diversified portfolio across Labs, Immunohematology, Point of Care and Molecular Diagnostics helps cushion demand fluctuations across testing categories. In the first quarter of 2026, Labs remained the largest revenue contributor at $353.1 million, followed by Immunohematology at $138.3 million and Point of Care at $112.8 million.

The company's Sofia platform and QuickVue franchise continue to provide scale in respiratory testing, with management noting stable market share during the quarter. For 2026, QuidelOrtho expects a typical flu season and stable testing protocols, with guidance based on a 50-55 million annual flu testing market and flat COVID-related revenues compared with 2025.

Growth initiatives remain focused on menu expansion and international penetration, with the U.S. launch of its high-sensitivity troponin assay already reaching more than 300 customer shipments and the rollout of the VITROS 450 system targeting lower-volume laboratories, which management believes can drive mid-single-digit long-term growth in the Labs business.

Progress on Cost-Saving Initiatives: QuidelOrtho is leveraging restructuring and productivity initiatives to expand margins and support investments in new platforms. In first-quarter 2026, adjusted operating expenses declined 2% year over year, led by a 19% reduction in R&D spending, while management reaffirmed its full-year adjusted EBITDA margin target of approximately 23%.

Through its Optimization Plan, the company is pursuing procurement efficiencies, facility consolidation and distribution rationalization, expecting around $50 million in net cost savings through 2027 despite cumulative pre-tax charges of about $100 million. QuidelOrtho is also implementing supply-chain measures to offset tariff-related cost pressures, while the wind-down of its U.S. Donor Screening business, expected to be substantially complete by mid-2026, and normalized working capital are projected to support stronger free cash flow generation in the second half of 2026.

Mixed Q1 Results: QuidelOrtho ended the first quarter of 2026 with mixed results, where revenues surpassed the Zacks Consensus Estimate, but earnings missed significantly. The company continued to witness strength in its Labs and Immunohematology business units, while solid growth across Latin America and resilient performance in EMEA and JPAC were encouraging.

However, persistent weakness in respiratory testing continued to weigh heavily on the top line, with Point of Care and Donor Screening businesses also posting sharp declines. The company’s bottom line deteriorated year over year, while gross and operating margins contracted significantly due to lower volumes and an unfavorable business mix.

Factors That May Offset QDEL’s GainsOverdependence on Respiratory Segment:  Respiratory testing remains a key swing factor for QuidelOrtho’s revenues and profitability despite the post-pandemic reset. First-quarter 2026 results were pressured by a milder and shorter respiratory season, with influenza-like illness visits declining roughly 30% year over year and respiratory revenues totaling $68 million. While management indicated that testing protocols and market share remained stable, suggesting the weakness was demand-driven rather than competitive, the lower respiratory contribution reduced product mix and contributed to a 630-basis point decline in adjusted gross margin.

For 2026, the company assumes a 50-55 million annual flu market and flat COVID revenues compared with 2025, but still expects full-year respiratory revenues to decline, implying that even modest shifts in seasonality or testing volumes could continue to create significant variability in quarterly results and cash generation.

Estimate TrendQuidelOrtho is witnessing a negative estimate revision trend for 2026. In the past 30 days, the Zacks Consensus Estimate for earnings has moved south to $1.87 per share.

The Zacks Consensus Estimate for the company’s second-quarter 2026 revenues is pegged at $614.6 million, indicating 0.12% growth from the year-ago quarter’s reported number.

Other Key PicksSome other top-ranked stocks from the broader medical space are West Pharmaceutical (WST - Free Report) , Intuitive Surgical (ISRG - Free Report) and Cardinal Health (CAH - Free Report) , each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

West Pharmaceutical reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%.

West Pharmaceutical has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in the trailing four quarters, the average surprise being 19.4%.

Intuitive Surgical reported first-quarter 2026 adjusted EPS of $2.50, which beat the Zacks Consensus Estimate by 20.2%. Revenues of $2.77 billion surpassed the Zacks Consensus Estimate by 6.2%.

Intuitive Surgical has an estimated long-term earnings growth rate of 14.3%. ISRG’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.8%.

Cardinal Health reported a third-quarter fiscal 2026 adjusted EPS of $3.17, which beat the Zacks Consensus Estimate by 13.2%. Revenues of $60.94 billion missed the Zacks Consensus Estimate by 2.3%.

Cardinal Health has an estimated long-term earnings growth rate of 17%. CAH’s earnings surpassed estimates in the trailing four quarters, the average surprise being 10.3%.

LOS ANGELES, July 23, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming August 28, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026, inclusive (the “Class Period”).

LOS ANGELES, July 23, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming August 31, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Insulet Corporation (“Insulet” or the “Company”) (NASDAQ: PODD) securities between February 21, 2025 and May 26, 2026, inclusive (the “Class Period”).

FUNToken has announced support for SHIB (ERC-20), giving users another simple and convenient way to buy $FUN with 0% conversion fees.

With this latest integration, SHIB holders can now deposit their tokens and seamlessly convert them into $FUN, making it even easier to participate in the expanding FUNToken ecosystem.

The addition of SHIB (ERC-20) reflects FUNToken’s continued focus on improving accessibility and giving users more flexibility in how they acquire and use $FUN. By supporting more widely held digital assets, FUNToken continues to remove barriers to entry while creating a smoother onboarding experience for both existing community members and new users.

Users purchasing $FUN with SHIB benefit from:

Buy $FUN using SHIB (ERC-20) 0% conversion fees Fast and seamless deposits Easy access to the growing $FUN ecosystem The launch follows a series of recent token integrations aimed at making the ecosystem more accessible to users across different communities. Each new supported token strengthens the accessibility of the platform while providing additional ways for users to participate in everything the $FUN ecosystem has to offer.

As FUNToken continues to expand its ecosystem with new games, platform features, and user experiences, improving accessibility remains a key priority. Supporting SHIB represents another step toward making $FUN available to an even broader audience.

About FUNToken FUNToken is powering a growing digital ecosystem focused on gaming, entertainment, and user rewards. With expanding platform integrations, multiple supported tokens, and continuous ecosystem development, FUNToken is making it easier than ever for users worldwide to participate, play, and grow with $FUN.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Michelle DG

Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected]

, /PRNewswire/ -- BancFirst Corporation (NASDAQ GS: BANF) reported net income of $66.7 million, or $1.96 per diluted share, for the second quarter of 2026 compared to net income of $62.3 million, or $1.85 per diluted share, for the second quarter of 2025. 

The Company's net interest income for the three-months ending June 30, 2026 increased to $133.5 million from $121.3 million for the same period in 2025. Higher loan volume and general growth in earning assets were the primary drivers of the change in net interest income. Net interest margin was 3.84% for the second quarter of 2026 compared to 3.75% for the second quarter of 2025. The Company recorded a provision for credit losses of $4.9 million and $1.4 million for the quarter ended June 30, 2026 and 2025, respectively.

Noninterest income for the quarter totaled $53.9 million compared to $48.0 million in the same quarter last year. Trust revenue, service charges on deposits, securities transactions, and treasury income each increased when compared to second quarter of 2025. The Company also recorded gains of $2.9 million related to bank owned life insurance claims during the quarter. The increase in noninterest income was partially offset by a decrease in insurance commissions.

Noninterest expense grew to $97.5 million for the quarter ended June 30, 2026 compared to $88.2 million in the same quarter in 2025. The increase in noninterest expense was primarily attributable to the growth in salaries and employee benefits of $5.2 million. The total salaries and employee benefits expenses recorded of $60.3 million is after a favorable adjustment to the funded employee benefit trust of $800,000. Also driving the increase in noninterest expense was net expense from other real estate owned, which increased $1.6 million period to period.

At June 30, 2026, the Company's total assets were $15.1 billion, an increase of $243.4 million from December 31, 2025. Loans grew $110.6 million from December 31, 2025, totaling $8.7 billion at June 30, 2026. Deposits totaled $12.8 billion, an increase of $155.9 million from year-end 2025. Sweep accounts totaled $5.0 billion at June 30, 2026, up $100.8 million from December 31, 2025. The Company's stockholders' equity stood at $2.0 billion, an increase of $103.0 million from the end of 2025.

Nonaccrual loans represented 0.94% of total loans at June 30, 2026, up from 0.72% at year-end 2025. Nonaccrual loans totaled $81.4 million at the end of the second quarter 2026. The allowance for credit losses to total loans was 1.25% at June 30, 2026 and 1.22% at December 31, 2025. Net charge-offs totaled $2.4 million for the quarter compared to $4.7 million for the second quarter last year.

BancFirst Corporation CEO David Harlow commented, "The Company enjoyed a record quarter fueled by an expanding margin and earning asset growth. Noninterest income growth was solid across most major categories and expenses were managed in line with plan. We announced the acquisition of SpiritBank during the quarter, adding the Tulsa MSA communities of Bristow and Sapulpa while expanding our presence in the Tulsa market. Pending regulatory approval, a fourth quarter close and conversion is anticipated. Our economic outlook continues to be guarded, although charge-offs remain at historically low levels. With a $4.9 million provision during the quarter, our allowance for credit losses remains at a healthy level."

BancFirst Corporation (the Company) is an Oklahoma based financial services holding company. The Company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank with 109 banking locations serving 62 communities across Oklahoma, Pegasus Bank, a Texas state-chartered bank with three banking locations in the Dallas Metroplex area, and Worthington Bank, a Texas state-chartered bank with three locations in the Fort Worth Metroplex area, one location in Arlington Texas and one location in Denton Texas. More information can be found at www.bancfirst.bank.

The Company may make forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings, credit quality, corporate objectives, interest rates and other financial and business matters. Forward-looking statements include estimates and give management's current expectations or forecasts of future events. The Company cautions readers that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, including economic conditions, the performance of financial markets and interest rates; legislative and regulatory actions and reforms; competition; as well as other factors, all of which change over time.  Actual results may differ materially from forward-looking statements.

BancFirst Corporation

Summary Financial Information

(Dollars in thousands, except per share and share data - Unaudited)

2026

2026

2025

2025

2025

2nd Qtr  

1st Qtr  

4th Qtr  

3rd Qtr  

2nd Qtr  

 Condensed Income Statements:  

 Net interest income  

$                 133,536

$                 127,605

$                 127,667

$                 125,615

$                 121,256

 Provision for credit losses on loans 

4,831

2,578

(1,975)

4,222

1,239

Provision for/(benefit from) off-balance sheet credit exposures

48

(435)

234

216

148

 Noninterest income:

Trust revenue

6,078

6,057

5,933

5,850

5,795

Service charges on deposits

19,090

18,042

18,393

18,131

17,741

Securities transactions

725

904

964

492

(740)

Sales of loans

913

780

781

916

830

Insurance commissions

7,481

9,440

7,643

8,954

7,920

Cash management

10,922

10,566

10,120

10,338

10,573

Other

8,740

5,602

9,499

5,185

5,929

Total noninterest income  

53,949

51,391

53,333

49,866

48,048

 Noninterest expense:

Salaries and employee benefits

60,306

58,855

58,570

57,681

55,147

Occupancy expense, net

6,320

6,286

6,946

6,434

6,037

Depreciation

4,988

4,816

4,872

4,725

4,691

Amortization of intangible assets

974

975

836

862

862

Data processing services

2,990

3,448

3,041

2,901

2,985

Net expense from other real estate owned

4,567

3,605

12,044

2,778

2,941

Marketing and business promotion

2,077

2,641

3,121

2,126

2,325

Deposit insurance

1,642

1,847

1,692

1,736

1,675

Other

13,667

14,316

16,268

12,829

11,536

   Total noninterest expense  

97,531

96,789

107,390

92,072

88,199

 Income before income taxes  

85,075

80,064

75,351

78,971

79,718

 Income tax expense  

18,388

17,069

15,854

16,317

17,371

 Net income  

$                   66,687

$                   62,995

$                   59,497

$                   62,654

$                   62,347

 Per Common Share Data:  

 Net income-basic  

$                      1.98

$                      1.88

$                      1.78

$                      1.88

$                      1.87

 Net income-diluted  

1.96

1.85

1.75

1.85

1.85

 Cash dividends declared

0.49

0.49

0.49

0.49

0.46

 Common shares outstanding  

33,598,745

33,575,976

33,539,032

33,329,247

33,272,131

 Average common shares outstanding - 

   Basic 

33,586,922

33,557,536

33,423,922

33,310,290

33,255,015

   Diluted 

34,057,507

34,027,895

33,906,434

33,864,129

33,795,243

 Performance Ratios:  

 Return on average assets

1.77 %

1.71 %

1.60 %

1.76 %

1.79 %

 Return on average stockholders' equity

13.84

13.59

13.02

14.18

14.74

 Net interest margin  

3.84

3.74

3.71

3.79

3.75

 Efficiency ratio  

52.02

54.07

59.33

52.47

52.10

BancFirst Corporation

Summary Financial Information

(Dollars in thousands, except per share and share data - Unaudited)

2026

2026

2025

2025

2025

2nd Qtr

1st Qtr  

4th Qtr

3rd Qtr

2nd Qtr

Balance Sheet Data:

Total assets 

$ 15,082,243

$ 15,116,541

$ 14,838,893

$ 14,198,140

$ 14,045,780

Interest-bearing deposits with banks

4,164,678

4,430,751

4,177,406

3,849,736

3,737,763

Debt securities 

1,113,240

886,519

924,948

1,015,941

1,104,604

Total loans 

8,655,260

8,596,068

8,544,634

8,287,167

8,124,497

Allowance for credit losses 

(107,810)

(105,330)

(104,299)

(99,511)

(96,988)

Noninterest-bearing demand deposits

4,162,306

4,105,840

3,897,613

3,816,389

3,967,626

Money market and interest-bearing checking deposits

5,442,757

5,605,932

5,610,882

5,393,791

5,301,439

Savings deposits

1,428,690

1,391,142

1,318,062

1,251,394

1,205,602

Time deposits

1,792,537

1,798,187

1,843,836

1,656,813

1,581,525

Total deposits 

12,826,290

12,901,101

12,670,393

12,118,387

12,056,192

Stockholders' equity 

1,957,097

1,901,912

1,854,125

1,782,801

1,728,038

Book value per common share 

58.25

56.65

55.28

53.49

51.94

Tangible book value per common share (non-GAAP)(1) 

52.21

50.58

49.20

47.71

46.12

Balance Sheet Ratios: 

Average loans to deposits 

67.02 %

67.02 %

66.43 %

67.32 %

67.11 %

Average earning assets to total assets 

92.45

92.84

93.00

93.00

92.97

Average stockholders' equity to average assets 

12.79

12.60

12.33

12.38

12.14

Asset Quality Data:

Past due loans

$          7,077

$          8,364

$          8,115

$          7,959

$          7,515

Nonaccrual loans (3)

81,420

62,178

61,130

57,266

49,878

Other real estate owned and repossessed assets

61,703

53,649

49,134

53,233

53,022

Nonaccrual loans to total loans

0.94 %

0.72 %

0.72 %

0.69 %

0.61 %

Allowance to total loans

1.25

1.23

1.22

1.20

1.19

Allowance to nonaccrual loans

132.41

169.40

170.62

173.77

194.45

Net charge-offs to average loans

0.03

0.02

0.02

0.02

0.05

Reconciliation of Tangible Book Value Per Common Share (non-GAAP)(2):

Stockholders' equity 

$   1,957,097

$   1,901,912

$   1,854,125

$   1,782,801

$   1,728,038

Less goodwill

183,388

183,388

182,739

182,263

182,263

Less intangible assets, net

19,408

20,382

21,357

10,548

11,410

Tangible stockholders' equity (non-GAAP)

$   1,754,301

$   1,698,142

$   1,650,029

$   1,589,990

$   1,534,365

Common shares outstanding

33,598,745

33,575,976

33,539,032

33,329,247

33,272,131

Tangible book value per common share (non-GAAP) 

$          52.21

$          50.58

$          49.20

$          47.71

$          46.12

(1)     Refer to the "Reconciliation of Tangible Book Value per Common Share (non-GAAP)" Table.

(2)     Tangible book value per common share is stockholders' equity less goodwill and intangible assets, net, divided by common shares outstanding. This amount is a non-GAAP financial measure but has been included as it is considered to be a critical metric with which to analyze and evaluate the financial condition and capital strength of the Company. This measure should not be considered a substitute for operating results determined in accordance with GAAP. 

(3) Government Agencies guarantee approximately $7.9 million of nonaccrual loans at June 30, 2026.

BancFirst Corporation

Summary Financial Information

(Dollars in thousands, except per share and share data - Unaudited)

Six months ended

June 30,

2026

2025

 Condensed Income Statements:  

 Net interest income  

$        261,141

$        237,205

 Provision for credit losses on loans 

7,409

2,700

 (Benefit from)/provision for off-balance sheet credit exposures

(387)

273

 Noninterest income:

Trust revenue

12,135

11,334

Service charges on deposits

37,132

34,545

Securities transactions

1,629

(1,073)

Sales of loans

1,693

1,466

Insurance commissions

16,921

18,330

Cash management

21,488

20,624

Other

14,342

11,716

Total noninterest income  

105,340

96,942

 Noninterest expense:

Salaries and employee benefits

119,161

109,740

Occupancy expense, net

12,606

11,790

Depreciation

9,804

9,499

Amortization of intangible assets

1,949

1,748

Data processing services

6,438

5,877

Net expense from other real estate owned

8,172

5,599

Marketing and business promotion

4,718

4,786

Deposit insurance

3,489

3,400

Other

27,983

27,939

Total noninterest expense  

194,320

180,378

 Income before income taxes  

165,139

150,796

 Income tax expense  

35,457

32,337

 Net income  

$        129,682

$        118,459

 Per Common Share Data:  

 Net income-basic  

$              3.86

$              3.56

 Net income-diluted  

3.81

3.51

 Cash dividends declared

0.98

0.92

 Common shares outstanding  

33,598,745

33,272,131

 Average common shares outstanding - 

   Basic 

33,572,310

33,243,963

   Diluted 

34,040,322

33,782,069

 Performance Ratios:  

 Return on average assets

1.74 %

1.73 %

 Return on average stockholders' equity

13.72

14.31

 Net interest margin  

3.79

3.72

 Efficiency ratio  

53.02

53.98

BancFirst Corporation

Consolidated Average Balance Sheets

And Interest Margin Analysis

Taxable Equivalent Basis

(Dollars in thousands - Unaudited)

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2026

Interest

Average

Interest

Average

Average

Income/

Yield/

Average

Income/

Yield/

Balance

Expense

Rate

Balance

Expense

Rate

ASSETS

Earning assets:

  Loans

$        8,610,837

$           148,013

6.89

%

$ 8,580,750

$  292,330

6.87

%

  Securities – taxable

999,677

7,413

2.97

950,975

13,286

2.82

  Securities – tax exempt

6,756

68

4.01

7,148

134

3.77

  Interest bearing deposits with banks and FFS

4,343,973

40,042

3.70

4,368,252

80,124

3.70

     Total earning assets

13,961,243

195,536

5.62

13,907,125

385,874

5.60

Nonearning assets:

  Cash and due from banks

217,300

221,400

  Interest receivable and other assets

1,028,343

988,094

  Allowance for credit losses

(105,148)

(104,780)

     Total nonearning assets

1,140,495

1,104,714

     Total assets

$       15,101,738

15,011,839

LIABILITIES AND STOCKHOLDERS' EQUITY

Interest bearing liabilities:

  Money market and interest-bearing checking deposits

$        5,499,834

$             34,602

2.52

%

$ 5,546,776

$    69,920

2.54

%

  Savings deposits

1,408,443

9,467

2.70

1,379,604

18,405

2.69

  Time deposits

1,815,864

16,445

3.63

1,817,743

33,417

3.71

  Short-term borrowings

13,798

102

2.97

14,444

244

3.40

  Long-term borrowings

-

-

-

3,055

42

2.77

  Subordinated debt

86,233

1,031

4.80

86,226

2,061

4.82

  Other liabilities

16,747

199

4.76

16,736

332

4.00

     Total interest bearing liabilities

8,840,919

61,846

2.81

8,864,584

124,421

2.83

Interest free funds:

  Noninterest bearing deposits

4,123,897

4,059,407

  Interest payable and other liabilities

204,942

182,001

Equity

1,931,980

1,905,847

     Total interest free  funds

6,260,819

6,147,255

     Total liabilities and stockholders' equity

$       15,101,738

15,011,839

Net interest income

$           133,690

$  261,453

Net interest spread

2.81

%

2.77

%

Effect of interest free funds

1.03

%

1.02

%

Net interest margin

3.84

%

3.79

%

SOURCE BancFirst Corporation