Market Signal Briefing

February 02, 2026 07:30 ET  | Source: Enlight Renewable Energy Ltd.

Majority investment in Project Jupiter, 2,000 MWh energy storage and up to 150 MWp solar in Germany Project backed by up to 500 MW secured grid connection, Ready to Build targeted for late 2026 Investment alongside Prime Capital includes substantial co-investment rights in additional European projects  TEL AVIV, Israel, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (TASE & NASDAQ: ENLT), a leading global renewable energy developer and an independent power producer, has signed an agreement to acquire a stake in Project Jupiter, a large-scale co-located solar and energy storage project in Germany, in partnership with Prime Capital AG – an independent Alternative Asset Manager in Germany - acting on behalf of its Prime Green Energy Infrastructure Fund II (PGEIF II). As the parties advance the project toward construction, Enlight is expected to acquire 51% to 60% of the shares in the project with PGEIF II holding the remaining shares.

Project Jupiter is located in Brandenburg, Germany, and is planned to include up to 150 MWp of solar generation capacity and 2,000 MWh of energy storage capacity. The project is supported by a secured grid connection of up to 500 MW and is at an advanced development stage, expected to reach Ready to Build by end of 2026. The total investment is expected in the range of EUR 470 to 500 million, with average revenue during first 5 years operation of approximately EUR 85 to 90 million and EBITDA of 70-80 million.

The transaction expands the long-standing cooperation between Enlight and Prime Capital, which began in 2019 and has included a joint investment in the 372MW Björnberget wind farm in Sweden, alongside Prime Green Energy Infrastructure Fund I (PGEIF I).

Building on this relationship, Enlight has committed EUR 50 million to PGEIF II, a European energy infrastructure fund with a total target size of approximately EUR 1 billion (incl. co-investments), managed by Prime Capital. As part of this partnership, Enlight has received substantial co-investment rights in additional projects from the fund’s portfolio, primarily in Western and Northern Europe, including the right to hold a majority stake in such projects.

Adi Leviatan, CEO of Enlight Renewable Energy: “Project Jupiter is another manifestation of our strategic focus on energy storage in Europe. It further strengthens Enlight’s diversified and robust portfolio, as well as our footprint in Germany, one of the most attractive renewable energy markets in Europe. Our long-term relationship with Prime Capital will continue creating attractive investment opportunities and long-term value creation.”

Dr. Mathias Bimberg, Head of Infrastructure at Prime Capital: “We are thrilled to deepen our long-standing cooperation with Enlight by joining forces on Project Jupiter, a landmark initiative that will serve as a cornerstone for a resilient, sustainable, and future-ready energy system. This collaboration combines our shared vision and expertise to invest in transformative assets that accelerate Europe’s energy transition, creating enduring value and driving sustainable growth.”

About Enlight Renewable Energy:

Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind, and energy storage. As a global platform, Enlight operates in the United States, Israel and 11 European countries. Enlight is traded on the Tel Aviv Stock Exchange (TASE: ENLT) and on Nasdaq (Nasdaq: ENLT). Learn more at www.enlightenergy.co.il.

About Prime Capital:

Founded in 2006, Prime Capital AG is an independent asset management firm and financial services provider, owned by management as well as current and former senior employees. The company takes a holistic, cross-divisional approach and specializes in Alternative Investments, in particular in Absolute Return, Energy Infrastructure, and Private Debt. Furthermore, the company provides Access Solutions for the access to Alternative Investments through securitizations and fund structures. Prime Capital currently employs about 120 people in Frankfurt and Luxembourg and is regulated by BaFin and CSSF.

As of September 2025, Prime Capital has approximately EUR 3.9bn Assets under Management as well as EUR 8.9bn Assets under Administration.

Enlight Investor Contacts

Limor Zohar Megen
Director IR
[email protected]

Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC
+1 617 542 6180
[email protected]

Prime Capital AG

Andreas Kalusche, CEO

Questions regarding the content please contact Dr. Mathias Bimberg

Tel: +49 69 9686 984 308

[email protected]

www.primecapital-ag.com

FAIR LAWN, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $15.7 million, or $0.15 per basic and diluted share, for the quarter ended December 31, 2025, as compared to a net loss of $21.2 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2024. Earnings for the quarter ended December 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, a decrease in provision for credit losses and higher non-interest income, partially offset by higher income tax expense. During the fourth quarter of 2024, as previously disclosed, the Company restructured its balance sheet by selling debt securities available for sale and prepaying higher cost borrowings, which resulted in a pre-tax loss of $37.9 million. For the quarter ended December 31, 2025, the Company reported core net income of $15.9 million, an increase of $4.5 million, or 39.6%, compared to core net income of $11.4 million for the quarter ended December 31, 2024. (Refer to "Reconciliation of GAAP to Non-GAAP Financial Measures" for a reconciliation of GAAP net income to core net income.) The positive impact of the balance sheet repositioning transaction in 2024 significantly contributed to the net interest margin expansion in the 2025 period.

For the year ended December 31, 2025, the Company reported net income of $51.8 million, or $0.51 per basic and diluted share, as compared to a net loss of $11.7 million, or $0.11 per basic and diluted share, for the year ended December 31, 2024. The year ended December 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, as well as a decrease in provision for credit losses and higher non-interest income, mainly due to the loss on securities transactions resulting from the 2024 balance sheet repositioning transaction described above, partially offset by higher income tax expense. For the year ended December 31, 2025, the Company reported core net income of $53.0 million, an increase of $29.7 million, or 128.0%, compared to core net income of $23.2 million for the year ended December 31, 2024.

Thomas J. Kemly, President and Chief Executive Officer commented: "We are pleased with the results we achieved in 2025, which reflect our strategies of focusing on margin expansion, improving our asset mix by continuing to expand commercial lending, efficiency improvement through technology and investing in the infrastructure required for sustainable growth. The Company maintained a strong balance sheet and capital position, which will allow us to continue to benefit from an improving economic environment."

Financial Highlights

Net interest margin increased by 48 basis points and 42 basis points, respectively, for the quarter and year ended December 31, 2025, compared to the quarter and year ended December 31, 2024, respectively.Loans receivable increased by $375.1 million, or 4.7%, for the year ended December 31, 2025.Net income increased by $36.9 million and $63.4 million, respectively, for the quarter and year ended December 31, 2025, compared to the quarter and year ended December 31, 2024, respectively.Basic and diluted earnings per share increased by $0.36 and $0.62, respectively, for the quarter and year ended December 31, 2025, compared to the quarter and year ended December 31, 2024, respectively. Results of Operations for the Three Months Ended December 31, 2025 and December 31, 2024

Net income of $15.7 million was recorded for the quarter ended December 31, 2025, an increase of $36.9 million, as compared to a net loss of $21.2 million for the quarter ended December 31, 2024. The increase in net income was primarily attributable to a $13.8 million increase in net interest income, a $799,000 decrease in provision for credit losses, and a $32.3 million increase in non-interest income, partially offset by a $9.5 million increase in income tax expense. Non-interest income for the 2024 period included a $34.6 million loss on securities transactions as the result of the balance sheet repositioning strategy discussed above.

Net interest income was $60.2 million for the quarter ended December 31, 2025, an increase of $13.8 million, or 29.7%, from $46.4 million for the quarter ended December 31, 2024. The increase in net interest income was primarily attributable to an $8.3 million increase in interest income and a $5.5 million decrease in interest expense on deposits and borrowings. The increase in interest income was primarily due to an increase in the average balance of loans and other interest-earning assets, coupled with an increase in the average yields on loans and securities. The balance sheet repositioning transaction implemented in the fourth quarter of 2024 resulted in an increase in the average yields on securities and a decrease in the cost of borrowings, which had a notable impact on net interest income for the quarter ended December 31, 2025. The 75 basis point decrease in market interest rates in the last four months of 2025 contributed to lower interest rates paid on new and repricing deposits and borrowings during the quarter ended December 31, 2025, but did not have as significant of an impact on the yields on interest-earning assets, as assets reprice at a slower pace. The decrease in interest expense on borrowings was also impacted by a decrease in the average balance of borrowings. Prepayment penalties, which are included in interest income on loans, totaled $793,000 for the quarter ended December 31, 2025, compared to $84,000 for the quarter ended December 31, 2024.

The average yield on loans for the quarter ended December 31, 2025 increased 15 basis points to 5.03%, as compared to 4.88% for the quarter ended December 31, 2024. Interest income on loans increased due to an increase in both the average balance and yield on loans. The average yield on securities for the quarter ended December 31, 2025 increased 37 basis points to 3.36%, as compared to 2.99% for the quarter ended December 31, 2024. This was primarily a result of lower yielding securities being sold as part of the balance sheet repositioning transaction implemented in the fourth quarter of 2024, and an increase in higher yielding securities purchased in 2025. The average yield on other interest-earning assets for the quarter ended December 31, 2025 decreased 131 basis points to 4.69%, as compared to 6.00% for the quarter ended December 31, 2024, mainly due to a 165 basis point decrease in the dividend rate received on Federal Home Loan Bank stock.

Total interest expense was $61.7 million for the quarter ended December 31, 2025, a decrease of $5.5 million, or 8.2%, from $67.2 million for the quarter ended December 31, 2024. The decrease in interest expense was primarily attributable to a 34 basis point decrease in the average cost of interest-bearing deposits, coupled with a 40 basis point decrease in the average cost of borrowings, and a decrease in the average balance of borrowings, partially offset by an increase in the average balance of interest-bearing deposits. Interest expense on deposits decreased $3.6 million, or 7.0%, and interest expense on borrowings decreased $1.9 million, or 12.5%, for the quarter ended December 31, 2025 as compared to the quarter ended December 31, 2024.

The Company's net interest margin for the quarter ended December 31, 2025 increased 48 basis points to 2.36%, when compared to 1.88% for the quarter ended December 31, 2024, due to an increase in the average yield on interest-earning assets coupled with a decrease in the average cost of interest-bearing liabilities. The weighted average yield on interest-earning assets increased 16 basis points to 4.77% for the quarter ended December 31, 2025 as compared to 4.61% for the quarter ended December 31, 2024. The average cost of interest-bearing liabilities decreased 37 basis points to 3.01% for the quarter ended December 31, 2025 as compared to 3.38% for the quarter ended December 31, 2024.

The provision for credit losses for the quarter ended December 31, 2025 was $2.1 million, a decrease of $799,000, or 27.8%, from $2.9 million for the quarter ended December 31, 2024. The decrease in provision for credit losses for loans was primarily due to a decrease in net charge-offs, which totaled $534,000 for the quarter ended December 31, 2025, as compared to $1.4 million for the quarter ended December 31, 2024, and a decrease in quantitative loss rates based on the evaluation of current and projected economic conditions.

Non-interest income was $8.6 million for the quarter ended December 31, 2025, an increase of $32.3 million from $(23.7) million for the quarter ended December 31, 2024. The increase was primarily attributable to the loss on securities transactions of $34.6 million included in the 2024 period which resulted from the balance sheet repositioning transaction, partially offset by a $2.6 million decrease in the change in fair value of equity securities, which included the sale of a portion of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association preferred stock included in equity securities.

Non-interest expense was $47.1 million for the quarter ended December 31, 2025, an increase of $459,000, or 1.0%, from $46.6 million for the quarter ended December 31, 2024. The increase was primarily attributable to an increase in compensation and employee benefits expense of $5.8 million, mainly due to an increase in employee incentive compensation and normal annual increases, and an increase in data processing and software expenses of $935,000, partially offset by a decrease in merger-related expenses of $714,000, a decrease in loss on extinguishment of debt of $3.4 million resulting from the 2024 balance sheet repositioning transaction, and a decrease in other non-interest expense of $2.0 million, mainly related to interest rate swaps.

Income tax expense was $4.0 million for the quarter ended December 31, 2025, an increase of $9.5 million, as compared to an income tax benefit of $5.5 million for the quarter ended December 31, 2024, mainly due to higher pre-tax income. The Company's effective tax rate was 20.1% and 20.7% for the quarters ended December 31, 2025 and 2024, respectively.

Results of Operations for the Years Ended December 31, 2025 and December 31, 2024

Net income of $51.8 million was recorded for the year ended December 31, 2025, an increase of $63.4 million, as compared to a net loss of $11.7 million for the year ended December 31, 2024. The increase in net income was primarily attributable to a $43.7 million increase in net interest income, a $4.6 million decrease in provision for credit losses, and a $35.2 million increase in non-interest income, partially offset by a $20.5 million increase in income tax expense.

Net interest income was $221.6 million for the year ended December 31, 2025, an increase of $43.7 million, or 24.5%, from $178.0 million for the year ended December 31, 2024. The increase in net interest income was primarily attributable to a $19.5 million increase in interest income and a $24.1 million decrease in interest expense on deposits and borrowings. The increase in interest income was primarily due to an increase in the average balance of loans coupled with an increase in average yields on loans and securities. The balance sheet repositioning transaction implemented in the fourth quarter of 2024 resulted in an increase in the average yield on securities and a decrease in the cost of borrowings, which had a notable impact on net interest income for the year ended December 31, 2025. The 75 basis point decrease in market interest rates that occurred later in the 2025 period did not have a material impact on interest income, but contributed to a decrease in interest expense on deposits and borrowings, as there was a decrease in interest rates paid on new and repricing deposits and borrowings. Prepayment penalties, which are included in interest income on loans, totaled $2.4 million for the year ended December 31, 2025, compared to $960,000 for the year ended December 31, 2024.

The average yield on loans for the year ended December 31, 2025 increased 8 basis points to 4.98%, as compared to 4.90% for the year ended December 31, 2024. Interest income on loans increased due to an increase in both the average balance and yield on loans. The average yield on securities for the year ended December 31, 2025 increased 58 basis points to 3.44%, as compared to 2.86% for the year ended December 31, 2024. This was a result of lower yielding securities that were sold as part of the balance sheet repositioning transaction implemented in the fourth quarter of 2024 being subsequently replaced with higher yielding securities. The average yield on other interest-earning assets for the year ended December 31, 2025 decreased 109 basis points to 5.18%, as compared to 6.27% for the year ended December 31, 2024, due to lower dividends received on Federal Home Loan Bank stock.

Total interest expense was $249.3 million for the year ended December 31, 2025, a decrease of $24.1 million, or 8.8%, from $273.4 million for the year ended December 31, 2024. The decrease in interest expense was primarily attributable to a 21 basis point decrease in the average cost of interest-bearing deposits along with a 50 basis point decrease in the average cost of borrowings, coupled with a decrease in the average balance of borrowings, partially offset by an increase in the average balance of deposits. Interest expense on deposits decreased $5.0 million, or 2.5%, and interest expense on borrowings decreased $19.1 million, or 26.9%, for the year ended December 31, 2025 as compared to the year ended December 31, 2024.

The Company's net interest margin for the year ended December 31, 2025 increased 42 basis points to 2.24%, when compared to 1.82% for the year ended December 31, 2024. The increase in net interest margin was due to an increase in the average yield on interest-earning assets coupled with a decrease in the average cost of interest-bearing liabilities. The weighted average yield on interest-earning assets increased 15 basis points to 4.76% for the year ended December 31, 2025, as compared to 4.61% for the year ended December 31, 2024. The average cost of interest-bearing liabilities decreased 31 basis points to 3.13% for the year ended December 31, 2025, as compared to 3.44% for the year ended December 31, 2024.

The provision for credit losses for the year ended December 31, 2025 was $9.8 million, a decrease of $4.6 million, or 32.0%, from $14.5 million for the year ended December 31, 2024. The decrease in provision for credit losses was primarily attributable to a decrease in net charge-offs, which totaled $5.8 million for the year ended December 31, 2025 as compared to $9.6 million for the year ended December 31, 2024, and a decrease in quantitative loss rates based on the evaluation of current and projected economic conditions, partially offset by an increase in outstanding loan balances.

Non-interest income was $37.1 million for the year ended December 31, 2025, an increase of $35.2 million, from $1.9 million for the year ended December 31, 2024. The increase was primarily attributable to an increase in the (loss) gain on securities transactions of $36.1 million which included a $34.6 million loss in the 2024 period resulting from the balance sheet repositioning transaction, an increase of $1.5 million in demand deposit account fees mainly related to commercial account treasury services, and an increase of $1.4 million in loan fees and service charges related to customer swap income, partially offset by a decrease in the change in fair value of equity securities of $1.7 million, and a decrease of $3.9 million in other non-interest income, mainly related to interest rate swaps. The $1.7 million decrease in the change in fair value of equity securities included the sale of a portion of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association preferred stock included in equity securities.

Non-interest expense was $180.9 million for the year ended December 31, 2025, a decrease of $443,000, or 0.2%, from $181.3 million for the year ended December 31, 2024. The decrease was primarily attributable to a $3.4 million decrease in professional fees for legal, regulatory and compliance-related costs, a decrease in merger-related expenses of $1.5 million, a decrease in loss on extinguishment of debt of $3.4 million resulting from the 2024 balance sheet repositioning transaction, and a decrease in other non-interest expense of $3.5 million, mainly related to interest rate swaps, partially offset by an increase in compensation and employee benefits expense of $9.7 million and an increase in data processing and software expenses of $1.6 million. The increase in compensation and employee benefits expense was mainly due to an increase in employee incentive compensation and normal annual increases.

Income tax expense was $16.2 million for the year ended December 31, 2025, an increase of $20.5 million, as compared to an income tax benefit of $4.3 million for the year ended December 31, 2024, mainly due to higher pre-tax income. The Company's effective tax rate was 23.9% and 26.8% for the years ended December 31, 2025 and 2024, respectively.

Balance Sheet Summary

Total assets increased $543.3 million, or 5.2%, to $11.0 billion at December 31, 2025 as compared to $10.5 billion at December 31, 2024. The increase in total assets was primarily attributable to an increase in cash and cash equivalents of $51.6 million, an increase in debt securities available for sale of $96.1 million, and an increase in loans receivable, net, of $367.8 million.

Cash and cash equivalents increased $51.6 million, or 17.8%, to $340.8 million at December 31, 2025 from $289.2 million at December 31, 2024. The increase was primarily attributable to proceeds from principal repayments on securities of $164.0 million, sales, calls, and maturities on securities of $97.9 million, repayments on loans receivable, an increase in total deposits of $347.9 million and an increase in borrowings of $102.9 million, partially offset by purchases of securities of $305.5 million, the origination and purchases of loans receivable and repurchases of common stock under our stock repurchase program of $13.4 million.

Debt securities available for sale increased $96.1 million, or 9.4%, to $1.1 billion at December 31, 2025 from $1.0 billion at December 31, 2024. The increase was attributable to purchases of securities of $272.1 million, consisting primarily of U.S. government obligations and mortgage-backed securities, and a decrease in the gross unrealized loss on securities of $37.5 million, partially offset by maturities on securities of $77.5 million, repayments on securities of $132.6 million, and the sale of securities of $15.7 million.

Loans receivable, net, increased $367.8 million, or 4.7%, to $8.2 billion at December 31, 2025 from $7.9 billion at December 31, 2024. Multifamily loans, commercial real estate loans, and commercial business loans increased $217.0 million, $173.4 million, and $144.8 million, respectively, partially offset by decreases in one-to-four family real estate loans, construction loans and home equity loans and advances of $152.7 million, $4.1 million and $3.9 million, respectively. The increase in commercial business loans was primarily due to the purchase of $130.9 million in equipment finance loans from a third party in May 2025, at a $3.2 million discount, which included $5.1 million of purchased credit deteriorated ("PCD") loans. The principal balance of the PCD loans purchased was charged-off by $3.2 million. The allowance for credit losses for loans increased $7.2 million to $67.2 million at December 31, 2025 from $60.0 million at December 31, 2024.

Total liabilities increased $462.9 million, or 4.9%, to $9.9 billion at December 31, 2025 from $9.4 billion at December 31, 2024. The increase was primarily attributable to an increase in total deposits of $347.9 million, or 4.3%, an increase in borrowings of $102.9 million, or 9.5%, and an increase in other liabilities of $11.8 million The increase in total deposits primarily consisted of increases in non-interest-bearing demand deposits, money market accounts and certificates of deposit of $79.4 million, $223.3 million, and $109.7 million, respectively, partially offset by decreases in interest-bearing demand and savings and club accounts of $35.4 million and $29.1 million, respectively. The $102.9 million increase in borrowings was driven by a net increase in short-term borrowings of $32.0 million, coupled with new long-term borrowings of $175.3 million, partially offset by repayments of $104.4 million in maturing long-term borrowings. The increase in other liabilities was primarily related to increases in accrued expenses and benefit plan related liabilities coupled with an increase in outstanding checks.

Total stockholders’ equity increased $80.4 million, or 7.4%, to $1.2 billion at December 31, 2025 from $1.1 billion at December 31, 2024. The increase in total stockholders’ equity was primarily attributable to net income of $51.8 million, an increase of $34.4 million in other comprehensive income, which includes changes in unrealized losses on debt securities available for sale and unrealized gains on swap contracts, net of taxes, included in other comprehensive income, and the recognition of $4.7 million in stock based compensation expense. These increases were partially offset by the repurchase of 873,304 shares of common stock at a cost of approximately $13.4 million, or $15.29 per share, under our stock repurchase program.

Asset Quality

The Company's non-performing loans at December 31, 2025 totaled $38.0 million, or 0.46% of total gross loans, as compared to $21.7 million, or 0.28% of total gross loans, at December 31, 2024. The $16.3 million increase in non-performing loans was primarily attributable to a an increase in non-performing one-to-four family real estate loans of $1.0 million, an increase in non-performing commercial real estate loans of $2.8 million, an increase in non-performing commercial business loans of $5.4 million, and a $5.9 million construction loan designated as non-performing during the 2025 period. The $5.9 million non-performing construction loan was made to finance the construction of a mixed use five-story building with both commercial space and apartments. The increase in non-performing one-to-four family real estate loans was due to an increase in the number of loans from 32 non-performing loans at December 31, 2024 to 36 loans at December 31, 2025. The increase in non-performing commercial real estate loans was due to an increase in the number of loans from four loans at December 31, 2024 to nine loans at December 31, 2025. The increase in non-performing commercial business loans was primarily due to four loans totaling $8.1 million designated as non-accrual during the 2025 period, partially offset by one loan for $4.3 million which was paid off in 2025. The total number of non-performing commercial business loans increased from 11 loans at December 31, 2024 to 35 loans at December 31, 2025. Non-performing assets as a percentage of total assets totaled 0.34% at December 31, 2025, as compared to 0.22% at December 31, 2024.

For the quarter ended December 31, 2025, net charge-offs totaled $534,000, as compared to $1.4 million for the quarter ended December 31, 2024. For the year ended December 31, 2025, net charge-offs totaled $5.8 million, as compared to $9.6 million for the year ended December 31, 2024. Charge-offs for the year ended December 31, 2025 included partial charge-offs of 12 commercial business loans totaling $3.6 million and $3.2 million in charge-offs related to PCD loans included in the equipment finance loan purchase noted above. Recoveries on previously charged-off loans for the quarter ended December 31, 2025, and the year ended December 31, 2025, totaled approximately $578,000 and $1.4 million, respectively.

The Company's allowance for credit losses on loans was $67.2 million, or 0.82% of total gross loans, at December 31, 2025, compared to $60.0 million, or 0.76% of total gross loans, at December 31, 2024. The increase in the allowance for credit losses for loans was primarily due to an increase in outstanding balance of loans.

About Columbia Financial, Inc.

The consolidated financial results include the accounts of Columbia Financial, Inc., its wholly-owned subsidiary Columbia Bank (the "Bank") and the Bank's wholly-owned subsidiaries. Columbia Financial, Inc. is a Delaware corporation organized as Columbia Bank's mid-tier stock holding company. Columbia Financial, Inc. is a majority-owned subsidiary of Columbia Bank, MHC. Columbia Bank is a federally chartered savings bank headquartered in Fair Lawn, New Jersey that operates 71 full-service banking offices and offers traditional financial services to consumers and businesses in its market area.

Forward Looking Statements

Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes,” “will,” “would,” “expects,” “projects,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “plans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on the Company’s business activities; changes in interest rates, higher inflation and their impact on national and local economic conditions; changes in monetary and fiscal policies of the U.S. Treasury, the Board of Governors of the Federal Reserve System and other governmental entities; the impact of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the impact of changing political conditions or federal government shutdowns; the impact of legal, judicial and regulatory proceedings or investigations, competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which the Company operates, including changes that adversely affect a borrowers’ ability to service and repay the Company’s loans; the effect of acts of terrorism, war or pandemics, including on our credit quality and business operations, as well as its impact on general economic and financial market conditions; changes in the value of securities in the Company’s portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and securities; legislative changes and changes in government regulation; changes in accounting standards and practices; the risk that goodwill and intangibles recorded in the Company’s consolidated financial statements will become impaired; cyber-attacks, computer viruses and other technological risks that may breach the security of our systems and allow unauthorized access to confidential information; the inability of third party service providers to perform; demand for loans in the Company’s market area; the Company’s ability to attract and maintain deposits and effectively manage liquidity; risks related to the implementation of acquisitions, dispositions, and restructurings; the successful implementation of our December 2024 balance sheet repositioning transaction; the risk that the Company may not be successful in the implementation of its business strategy, or its integration of acquired financial institutions and businesses, and changes in assumptions used in making such forward-looking statements which are subject to numerous risks and uncertainties, including but not limited to, those set forth in Item 1A of the Company's Annual Report on Form 10-K and those set forth in the Company's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all as filed with the Securities and Exchange Commission (the “SEC”), which are available at the SEC’s website, www.sec.gov. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, the Company's actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law.

Non-GAAP Financial Measures

Reported amounts are presented in accordance with U.S. generally accepted accounting principles ("GAAP"). This press release also contains certain supplemental non-GAAP information that the Company’s management uses in its analysis of the Company’s financial results. Specifically, the Company provides measures based on what it believes are its operating earnings on a consistent basis and excludes material non-routine operating items which affect the GAAP reporting of results of operations. The Company’s management believes that providing this information to analysts and investors allows them to better understand and evaluate the Company’s core financial results for the periods presented. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names.

The Company also provides measurements and ratios based on tangible stockholders' equity. These measures are commonly utilized by regulators and market analysts to evaluate a company’s financial condition and, therefore, the Company’s management believes that such information is useful to investors.

A reconciliation of GAAP to non-GAAP financial measures are included at the end of this press release. See "Reconciliation of GAAP to Non-GAAP Financial Measures".

COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Consolidated Statements of Financial Condition
(In thousands)  December 31,  2025  2024Assets(Unaudited)  Cash and due from banks$340,695 $289,113Short-term investments 111  110    Total cash and cash equivalents 340,806  289,223    Debt securities available for sale, at fair value 1,122,017  1,025,946Debt securities held to maturity, at amortized cost (fair value of $367,289, and $350,153 at December 31, 2025 and 2024, respectively) 396,233  392,840Equity securities, at fair value 6,802  6,673Federal Home Loan Bank stock 64,604  60,387    Loans receivable 8,292,010  7,916,928Less: allowance for credit losses 67,201  59,958    Loans receivable, net 8,224,809  7,856,970    Accrued interest receivable 41,490  40,383Office properties and equipment, net 82,985  81,772Bank-owned life insurance 283,094  274,908Goodwill and intangible assets 120,302  121,008Other real estate owned —  1,334Other assets 335,651  324,049    Total assets$11,018,793 $10,475,493    Liabilities and Stockholders' Equity   Liabilities:   Deposits$8,444,079 $8,096,149Borrowings 1,183,472  1,080,600Advance payments by borrowers for taxes and insurance 45,792  45,453Accrued expenses and other liabilities 184,722  172,915    Total liabilities 9,858,065  9,395,117    Stockholders' equity:       Total stockholders' equity 1,160,728  1,080,376    Total liabilities and stockholders' equity$11,018,793 $10,475,493     COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Consolidated Statements of Income
(In thousands, except per share data)  Three Months Ended December 31, Year Ended December 31,  2025   2024   2025   2024 Interest income:(Unaudited) (Unaudited)  Loans receivable$104,625  $96,202  $403,173  $382,266 Debt securities available for sale and equity securities 9,965   9,793   39,866   36,411 Debt securities held to maturity 2,819   2,479   11,438   9,966 Federal funds and interest-earning deposits 3,201   3,309   11,125   15,181 Federal Home Loan Bank stock dividends 1,270   1,843   5,349   7,602 Total interest income 121,880   113,626   470,951   451,426 Interest expense:       Deposits 48,316   51,943   197,374   202,383 Borrowings 13,344   15,256   51,943   71,061 Total interest expense 61,660   67,199   249,317   273,444         Net interest income 60,220   46,427   221,634   177,982         Provision for credit losses 2,077   2,876   9,822   14,451         Net interest income after provision for credit losses 58,143   43,551   211,812   163,531         Non-interest income:       Demand deposit account fees 2,114   1,809   8,054   6,507 Bank-owned life insurance 2,204   2,066   8,186   7,319 Title insurance fees 843   570   3,034   2,505 Loan fees and service charges 1,496   1,193   5,866   4,483 (Loss) gain on securities transactions (46)  (34,595)  290   (35,851)Change in fair value of equity securities (421)  2,169   873   2,594 Gain on sale of loans 27   81   928   906 Gain on sale of real estate owned —   —   281   — Other non-interest income 2,341   2,991   9,557   13,431 Total non-interest income 8,558   (23,716)  37,069   1,894         Non-interest expense:       Compensation and employee benefits 32,388   26,579   119,152   109,489 Occupancy 6,267   5,861   24,475   23,482 Federal deposit insurance premiums 1,398   1,829   6,800   7,581 Advertising 810   457   2,416   2,510 Professional fees 2,131   2,567   10,755   14,164 Data processing and software expenses 4,507   3,572   17,128   15,578 Merger-related expenses 214   928   214   1,665 Loss on extinguishment of debt —   3,447   —   3,447 Other non-interest expense (660)  1,356   (48)  3,419 Total non-interest expense 47,055   46,596   180,892   181,335         Income (loss) before income tax expense (benefit) 19,646   (26,761)  67,989   (15,910)        Income tax expense (benefit) 3,953   (5,538)  16,223   (4,257)        Net income (loss)$15,693  $(21,223) $51,766  $(11,653)        Earnings (loss) per share-basic$0.15  $(0.21) $0.51  $(0.11)Earnings (loss) per share-diluted$0.15  $(0.21) $0.51  $(0.11)Weighted average shares outstanding-basic 101,426,363   101,686,108   101,810,752   101,676,758 Weighted average shares outstanding-diluted 101,426,363   101,945,750   101,810,752   101,839,507          COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Average Balances/Yields  For the Three Months Ended December 31,  2025   2024  Average
Balance Interest and
Dividends Yield / Cost Average
Balance Interest and
Dividends Yield / Cost (Dollars in thousands)Interest-earnings assets:           Loans$8,255,649  $104,625 5.03% $7,839,416  $96,202 4.88%Securities 1,509,794   12,784 3.36%  1,635,028   12,272 2.99%Other interest-earning assets 378,546   4,471 4.69%  341,393   5,152 6.00%Total interest-earning assets 10,143,989   121,880 4.77%  9,815,837   113,626 4.61%Non-interest-earning assets 860,054       874,522     Total assets$11,004,043      $10,690,359                 Interest-bearing liabilities:           Interest-bearing demand$1,962,493  $10,611 2.15% $2,027,003  $13,686 2.69%Money market accounts 1,457,732   9,644 2.62%  1,235,421   7,630 2.46%Savings and club deposits 629,047   738 0.47%  649,686   1,209 0.74%Certificates of deposit 2,830,462   27,323 3.83%  2,696,740   29,418 4.34%Total interest-bearing deposits 6,879,734   48,316 2.79%  6,608,850   51,943 3.13%FHLB advances 1,239,013   13,209 4.23%  1,298,686   15,102 4.63%Junior subordinated debentures 7,056   135 7.59%  7,036   154 8.71%Total borrowings 1,246,069   13,344 4.25%  1,305,722   15,256 4.65%Total interest-bearing liabilities 8,125,803  $61,660 3.01%  7,914,572  $67,199 3.38%            Non-interest-bearing liabilities:           Non-interest-bearing deposits 1,509,060       1,460,125     Other non-interest-bearing liabilities 223,427       241,582     Total liabilities 9,858,290       9,616,279     Total stockholders' equity 1,145,753       1,074,080     Total liabilities and stockholders' equity$11,004,043      $10,690,359                 Net interest income  $60,220     $46,427  Interest rate spread    1.76%     1.23%Net interest-earning assets$2,018,186      $1,901,265     Net interest margin    2.36%     1.88%Ratio of interest-earning assets to interest-bearing liabilities 124.84%      124.02%     COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Average Balances/Yields  For the Years Ended December 31,  2025   2024  Average
Balance Interest
and Dividends Yield / Cost Average
Balance Interest and
Dividends Yield / Cost (Dollars in thousands)Interest-earnings assets:           Loans$8,094,854  $403,173 4.98% $7,801,939  $382,266 4.90%Securities 1,490,679   51,304 3.44%  1,622,519   46,377 2.86%Other interest-earning assets 317,974   16,474 5.18%  363,370   22,783 6.27%Total interest-earning assets 9,903,507  $470,951 4.76%  9,787,828  $451,426 4.61%Non-interest-earning assets 864,630       865,684     Total assets$10,768,137      $10,653,512                 Interest-bearing liabilities:           Interest-bearing demand$1,966,173  $43,733 2.22% $1,986,215  $55,360 2.79%Money market accounts 1,361,204   38,070 2.80%  1,235,495   32,977 2.67%Savings and club deposits 641,020   4,015 0.63%  667,836   5,130 0.77%Certificates of deposit 2,803,958   111,556 3.98%  2,587,360   108,916 4.21%Total interest-bearing deposits 6,772,355   197,374 2.91%  6,476,906   202,383 3.12%FHLB advances 1,183,612   51,381 4.34%  1,454,674   70,418 4.84%Junior subordinated debentures 7,046   562 7.98%  7,023   640 9.11%Other borrowings —   — —%  55   3 5.45%Total borrowings 1,190,658   51,943 4.36%  1,461,752   71,061 4.86%Total interest-bearing liabilities 7,963,013  $249,317 3.13%  7,938,658  $273,444 3.44%            Non-interest-bearing liabilities:           Non-interest-bearing deposits 1,468,900       1,420,104     Other non-interest-bearing liabilities 218,497       242,290     Total liabilities 9,650,410       9,601,052     Total stockholders' equity 1,117,728       1,052,460     Total liabilities and stockholders' equity$10,768,138      $10,653,512                 Net interest income  $221,634     $177,982  Interest rate spread    1.63%     1.17%Net interest-earning assets$1,940,494      $1,849,170     Net interest margin    2.24%     1.82%Ratio of interest-earning assets to interest-bearing liabilities 124.37%      123.29%     COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Components of Net Interest Rate Spread and Margin  Average Yields/Costs by Quarter December 31,
2025 September 30,
2025 June 30,
2025 March 31,
2025 December 31,
2024Yield on interest-earning assets:         Loans5.03% 5.04% 4.96% 4.89% 4.88%Securities3.36  3.41  3.55  3.45  2.99 Other interest-earning assets4.69  5.24  5.16  5.75  6.00 Total interest-earning assets4.77% 4.81% 4.75% 4.69% 4.61%          Cost of interest-bearing liabilities:         Total interest-bearing deposits2.79% 2.91% 2.95% 3.01% 3.13%Total borrowings4.25  4.37  4.44  4.44  4.65 Total interest-earning liabilities3.01% 3.14% 3.18% 3.21% 3.38%          Interest rate spread1.76% 1.67% 1.57% 1.48% 1.23%Net interest margin2.36% 2.29% 2.19% 2.11% 1.88%          Ratio of interest-earning assets to interest-bearing liabilities124.84% 124.64% 124.01% 123.96% 124.02% COLUMBIA FINANCIAL, INC. AND SUBSIDIARIES
Selected Financial Highlights           December 31,
2025 September 30,
2025 June 30,
2025 March 31,
2025 December 31,
2024          SELECTED FINANCIAL RATIOS (1):         Return on average assets0.57% 0.55% 0.46% 0.34% (0.79)%Core return on average assets0.57% 0.56% 0.47% 0.35% 0.42%Return on average equity5.43% 5.23% 4.46% 3.31% (7.86)%Core return on average equity5.50% 5.41% 4.58% 3.37% 4.09%Core return on average tangible equity6.14% 6.04% 5.14% 3.78% 4.74%Interest rate spread1.76% 1.67% 1.57% 1.48% 1.23%Net interest margin2.36% 2.29% 2.19% 2.11% 1.88%Non-interest income to average assets0.31% 0.36% 0.38% 0.33% (0.88)%Non-interest expense to average assets1.70% 1.65% 1.68% 1.68% 1.73%Efficiency ratio68.42% 67.04% 70.30% 74.57% 205.17%Core efficiency ratio68.06% 66.04% 69.41% 74.20% 73.68%Average interest-earning assets to average interest-bearing liabilities124.84% 124.64% 124.01% 123.96% 124.02%Net charge-offs to average outstanding loans0.03% 0.04% 0.04% 0.04% 0.07%          (1) Ratios are annualized when appropriate.(2) The June 30, 2025 ratio includes $3.2 million of non-annualized PCD charge-offs related to the purchased commercial equipment finance loans. ASSET QUALITY:          December 31,
2025 September 30,
2025 June 30,
2025 March 31,
2025 December 31,
2024 (Dollars in thousands)          Non-accrual loans$38,000  $32,529  $39,545  $24,856  $21,701 90+ and still accruing —   —   —   —   — Non-performing loans 38,000   32,529   39,545   24,856   21,701 Real estate owned —   —   —   1,334   1,334 Total non-performing assets$38,000  $32,529  $39,545  $26,190  $23,035           Non-performing loans to total gross loans 0.46%  0.40%  0.49%  0.31%  0.28%Non-performing assets to total assets 0.34%  0.30%  0.37%  0.25%  0.22%Allowance for credit losses on loans ("ACL")$67,201  $65,659  $64,467  $62,034  $59,958 ACL to total non-performing loans 176.84%  201.85%  163.02%  249.57%  276.29%ACL to gross loans 0.82%  0.80%  0.79%  0.78%  0.76% LOAN DATA:          December 31,
2025 September 30,
2025 June 30,
2025 March 31,
2025 December 31,
2024 (In thousands) Real estate loans:         One-to-four family$2,558,252  $2,583,162  $2,629,372  $2,676,566  $2,710,937 Multifamily 1,677,613   1,612,105   1,578,733   1,567,862   1,460,641 Commercial real estate 2,513,260   2,532,329   2,517,693   2,429,429   2,339,883 Construction 469,438   465,283   415,403   437,081   473,573 Commercial business loans 766,792   771,486   726,526   614,049   622,000 Consumer loans:         Home equity loans and advances 255,126   256,970   256,384   253,439   259,009 Other consumer loans 2,895   2,725   2,602   2,547   3,404    Total gross loans 8,243,376   8,224,060   8,126,713   7,980,973   7,869,447 Purchased credit deteriorated loans 10,442   10,920   11,998   10,395   11,686 Net deferred loan costs, fees and purchased premiums and discounts 38,192   37,580   36,788   35,940   35,795 Allowance for credit losses (67,201)  (65,659)  (64,467)  (62,034)  (59,958)   Loans receivable, net$8,224,809  $8,206,901  $8,111,032  $7,965,274  $7,856,970   At December 31, 2025 (Dollars in thousands) Balance % of Gross Loans Weighted Average
Loan to Value Ratio Weighted
Average
Debt Service
CoverageMultifamily Real Estate$1,677,613 21.0% 59.0% 1.59        Owner Occupied Commercial Real Estate$667,239 8.4% 59.5% 2.56        Investor Owned Commercial Real Estate:       Retail / Shopping centers$541,678 6.8% 55.1% 1.57Mixed Use 298,993 3.7  61.1  1.52Industrial / Warehouse 433,749 5.4  53.4  1.66Non-Medical Office 172,614 2.2  51.8  1.88Medical Office 97,556 1.2  60.2  1.49Single Purpose 62,283 0.8  62.1  1.37Other 239,148 3.0  51.8  2.14Total$1,846,021 23.1% 55.4% 1.67        Total Multifamily and Commercial Real Estate Loans$4,190,873 52.5% 57.5% 1.78        As of December 31, 2025, the Company had loan exposures of approximately $804,000 and $846,000 related to office and rent stabilized multifamily in New York City, respectively. DEPOSIT DATA:At December 31, 2025 September 30, 2025 June 30, 2025 December 31, 2024 Balance Weighted
Average
Rate Balance Weighted
Average
Rate Balance Weighted
Average
Rate Balance Weighted
Average
Rate (Dollars in thousands)    Non-interest-bearing demand$1,517,399 —% $1,490,722 —% $1,439,951 —% $1,438,030 —%Interest-bearing demand 1,985,871 1.99   1,855,724 2.04   1,872,265 2.03   2,021,312 2.19 Money market accounts 1,465,028 2.59   1,396,474 2.74   1,355,682 2.79   1,241,691 2.82 Savings and club deposits 623,444 0.47   638,857 0.61   644,761 0.70   652,501 0.75 Certificates of deposit 2,852,337 3.80   2,858,544 3.89   2,822,824 3.96   2,742,615 4.24 Total deposits$8,444,079 2.23% $8,240,321 2.32% $8,135,483 2.36% $8,096,149 2.47% CAPITAL RATIOS:    December 31, 2025 (1) 2024 Company:   Total capital (to risk-weighted assets)14.92% 14.20%Tier 1 capital (to risk-weighted assets)14.03% 13.40%Common equity tier 1 capital (to risk-weighted assets)13.94% 13.31%Tier 1 capital (to adjusted total assets)10.27% 10.02%    Columbia Bank:   Total capital (to risk-weighted assets)14.09% 14.41%Tier 1 capital (to risk-weighted assets)13.20% 13.56%Common equity tier 1 capital (to risk-weighted assets)13.20% 13.56%Tier 1 capital (to adjusted total assets)9.67% 9.64%    (1) Estimated ratios at December 31, 2025.    Reconciliation of GAAP to Non-GAAP Financial Measures    Book and Tangible Book Value per Share December 31,  2025   2024  (Dollars in thousands)Total stockholders' equity$1,160,728  $1,080,376 Less: goodwill (110,715)  (110,715)Less: core deposit intangible (6,946)  (8,964)Total tangible stockholders' equity$1,043,067  $960,697     Shares outstanding 103,984,649   104,759,185     Book value per share$11.16  $10.31 Tangible book value per share$10.03  $9.17  Reconciliation of Core Net Income Three Months Ended December 31,  Years Ended December 31,  2025  2024   2025   2024  (In thousands)Net income (loss)$15,693 $(21,223) $51,766  $(11,653)Less/add: loss (gain) on securities transactions, net of tax 34  28,952   (217)  30,082 Add: FDIC special assessment, net of tax —  —   —   385 Add: severance expense, net of tax —  —   1,020   67 Add: merger-related expenses, net of tax 171  777   171   1,468 Add: loss on extinguishment of debt, net of tax —  2,885   —   2,885 Add: litigation expenses, net of tax —  —   242   — Core net income$15,898 $11,391  $52,982  $23,234  Return on Average Assets Three Months Ended December 31,  Years Ended December 31,  2025   2024   2025   2024  (Dollars in thousands)Net income (loss)$15,693  $(21,223) $51,766  $(11,653)        Average assets$11,004,043  $10,690,359  $10,768,137  $10,653,512         Return on average assets 0.57% (0.79)%  0.48% (0.11)%        Core net income$15,898  $11,391  $52,982  $23,234         Core return on average assets 0.57%  0.42%  0.49%  0.22% Reconciliation of GAAP to Non-GAAP Financial Measures (continued)          Return on Average Equity Three Months Ended December 31,  Years Ended December 31,  2025   2024   2025   2024  (Dollars in thousands)Total average stockholders' equity$1,145,753  $1,074,080  $1,117,728  $1,052,460 Less/add: loss (gain) on securities transactions, net of tax 34   28,952   (217)  30,082 Add: FDIC special assessment, net of tax —   —   —   385 Add: severance expense, net of tax —   —   1,020   67 Add: merger-related expenses, net of tax 171   777   171   1,468 Add: loss on extinguishment of debt, net of tax —   2,885   —   2,885 Add: litigation expenses, net of tax —   —   242   — Core average stockholders' equity$1,145,958  $1,106,694  $1,118,944  $1,087,347         Return on average equity 5.43% (7.86)%  4.63% (1.11)%        Core return on core average equity 5.50%  4.09%  4.74%  2.14% Return on Average Tangible Equity Three Months Ended December 31, Years Ended December 31,  2025   2024   2025   2024  (Dollars in thousands)Total average stockholders' equity$1,145,753  $1,074,080  $1,117,728  $1,052,460 Less: average goodwill (110,715)  (110,715)  (110,715)  (110,715)Less: average core deposit intangible (7,244)  (9,311)  (7,998)  (10,119)Total average tangible stockholders' equity$1,027,794  $954,054  $999,015  $931,626         Core return on average tangible equity 6.14%  4.74%  5.30%  2.49% Reconciliation of GAAP to Non-GAAP Financial Measures (continued)          Efficiency Ratios Three Months Ended December 31,  Years Ended December 31,  2025   2024   2025   2024  (Dollars in thousands)Net interest income$60,220  $46,427  $221,634  $177,982 Non-interest income 8,558   (23,716)  37,069   1,894 Total income$68,778  $22,711  $258,703  $179,876         Non-interest expense$47,055  $46,596  $180,892  $181,335         Efficiency ratio 68.42%  205.17%  69.92%  100.81%        Non-interest income$8,558  $(23,716) $37,069  $1,894 Less/add: loss (gain) on securities transactions 46   34,595   (290)  35,851 Core non-interest income$8,604  $10,879  $36,779  $37,745         Non-interest expense$47,055  $46,596  $180,892  $181,335 Less: FDIC special assessment, net —   —   —   (439)Less: severance expense —   —   (1,365)  (74)Less: merger-related expenses (214)  (928)  (214)  (1,665)Less: loss on extinguishment of debt —   (3,447)  —   (3,447)Less: litigation expenses —   —   (325)  — Core non-interest expense$46,841  $42,221  $178,988  $175,710         Core efficiency ratio 68.06%  73.68%  69.26%  81.45% Columbia Financial, Inc.
Investor Relations Department
(833) 550-0717

Zootopia 2 has grossed $630 million in China, the best performance by any Hollywood film in the territory, according to Disney.

The company included the stat in its executive remarks about its fiscal first quarter results. The animated sequel had previously been acknowledged as the best U.S. performer in China, but the updated gross figure had not been released. China, which years ago had been a reliable and sizable contributor to Hollywood films’ overall box office, has become far more unpredictable lately.

“The box office success of our branded IP also generates value across our interconnected businesses, with hits like Zootopia 2 lifting viewership of related titles on Disney+ and fueling global interest in our parks and consumer products,” CEO Bob Iger and CFO Hugh Johnston said in the remarks. “This franchise is also an important driver of attendance at Shanghai Disneyland with our Zootopia-themed land – one of the most popular areas of the park.”

With almost $1.8 billion in global box office, Zootopia 2 is on the all-time top 10 list of top performers. It was one of three billion-plus titles for Disney in 2025, along with Avatar: Fire and Ash and Lilo & Stitch.

In the earnings remarks, Disney said it has released 37 of the Hollywood studios’ overall tally of 60 films to reach the billion-dollar global plateau – four times as many as any other studio.

China’s own Ne Zha 2 owns the record for top box office draw in the territory. It had grossed $2.12 billion by the end of 2025.

, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of CoreWeave, Inc. (NASDAQ: CRWV) securities between March 28, 2025 and December 15, 2025, both dates inclusive (the "Class Period"), have until Friday, March 13, 2026 to seek appointment as lead plaintiff of the CoreWeave class action lawsuit. Captioned Masaitis v. CoreWeave, Inc., No. 26-cv-00355 (D.N.J.), the CoreWeave class action lawsuit charges CoreWeave and certain of CoreWeave's top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the CoreWeave class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-coreweave-inc-class-action-lawsuit-crwv.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: CoreWeave purports to be an AI cloud computing company. On March 10, 2025, less than three weeks before CoreWeave conducted its initial public offering ("IPO"), CoreWeave announced a deal worth up to $11.9 billion to deliver AI infrastructure to OpenAI, a leading AI company, the complaint alleges. And on July 7, 2025, CoreWeave allegedly announced a definitive agreement to acquire Core Scientific, Inc., one of the largest owners and operators of digital infrastructure for high performance computing in North America, in an all-stock transaction.

The CoreWeave class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants had overstated CoreWeave's ability to meet customer demand for its service; (ii) defendants materially understated the scope and severity of the risk that CoreWeave's reliance on a single third-party data center supplier presented for CoreWeave's ability to meet customer demand for its services; and (iii) the foregoing was reasonably likely to have a material negative impact on CoreWeave's revenue.

The CoreWeave class action lawsuit alleges that on October 30, 2025 Core Scientific announced it had not received enough shareholder votes to approve its merger agreement with CoreWeave and, as a result, terminated the merger agreement. On this news, the price of CoreWeave shares fell by more than 6%, the complaint alleges.

Then, the CoreWeave shareholder class action alleges that on November 10, 2025, CoreWeave announced lowered revenue guidance for 2025, citing "delays related to a third-party data center developer who is behind schedule." Subsequently, on November 11, 2025 during an interview on CNBC's "Squawk on the Street," after host Jim Cramer challenged the initial characterization of the delays at issue, CoreWeave's CEO, defendant Michael Intrator, conceded that the delays implicated not just one data center, but a single data center provider – i.e., that more than one data center owned by the same provider was potentially affected, the complaint alleges. On this news, the price of CoreWeave's shares fell more than 16%.

Finally, on December 15, 2025, the CoreWeave investor class action lawsuit alleges that The Wall Street Journal published an article reporting new information concerning the data center provider delays, revealing that the scope and severity of data center delivery issues were greater than defendants acknowledged. Specifically, the article allegedly revealed that weather-related delays would push back the completion date of a Denton, Texas data center cluster intended for OpenAI by several months, that other data centers would be delayed due to revised design plans, that Core Scientific was CoreWeave's building partner behind the delayed data centers, and that Core Scientific began flagging these delays nine months before CoreWeave announced lowered revenue guidance in November 2025. On this news, the price of CoreWeave shares fell an additional 3.4%, the complaint alleges.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired CoreWeave securities during the Class Period to seek appointment as lead plaintiff in the CoreWeave class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the CoreWeave class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the CoreWeave class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the CoreWeave class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices. 

Contact:
Robbins Geller Rudman & Dowd LLP
J.C. Sanchez
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900
[email protected] 

SOURCE Robbins Geller Rudman & Dowd LLP

, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving NuScale Power Corporation (NYSE: SMR).

If you have information that could assist in the NuScale investigation or if you are a NuScale investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-nuscale-power-corporation-investigation-smr.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

THE COMPANY: NuScale is a provider of small modular reactor nuclear technology.

THE INVESTIGATION: Robbins Geller is investigating whether NuScale and certain of its top executives made materially false and/or misleading statements and/or omitted material information regarding NuScale's business and operations.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder litigation.  Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors.  In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:
            Robbins Geller Rudman & Dowd LLP
            J.C. Sanchez
            655 W. Broadway, Suite 1900, San Diego, CA 92101
            800-449-4900
            [email protected] 

SOURCE Robbins Geller Rudman & Dowd LLP

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TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2025 fourth quarter and full year financial results after the market close on February 19, 2026. Management will host a conference call and webcast to discuss the company's financial results at 4:30 p.m. ET that same day.

Please click here to pre-register for the conference call and obtain your dial-in number and individual passcode.

You can also listen to the call via webcast on Alarm.com’s investor relations website. A recorded version will be available under the same link following the conclusion of the conference call.

About Alarm.com

Alarm.com is the leading platform for intelligently connected properties. Millions of homeowners and businesses rely on Alarm.com’s technology to secure, monitor, and manage their environments from anywhere. Our comprehensive suite of solutions—including security, video surveillance, access control, active shooter detection, intelligent automation, energy management, and wellness—is delivered exclusively through a trusted network of thousands of professional service providers and commercial integrators across North America and worldwide. Alarm.com’s common stock is traded on Nasdaq under the ticker symbol ALRM. Alarm.com delivers serious security for serious people. To learn more, visit www.alarm.com.

More News From Alarm.com Holdings, Inc.

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Press Release
        

Atos Positioned as a Leader in the ISG Provider Lens™ for Digital Sustainability IT Solutions & Services, Europe

Paris, France - February 2, 2026 – Atos, a global leader in AI-driven digital transformation, has been named a Leader in Digital Sustainability IT Solutions and Services in Europe by Information Services Group (ISG), the leading global research and advisory firm.

In its evaluation of the market, ISG assessed more than 35 providers, producing what is set to become a definitive benchmark for digital sustainability. In this comprehensive assessment, Atos secured a top-tier leadership position.

The ISG report evaluates providers delivering sustainability solutions across the core IT foundations used by all industries—commonly referred to as green IT. It spans consulting, engineering, IT, and managed services aimed at improving the environmental and social sustainability of IT assets, including data centre infrastructure, end-user devices, software, and AI/ML systems. Key use cases include reducing energy consumption, increasing renewable energy usage, and designing energy-efficient architectures and code.

The evaluation also recognizes providers’ ability to address the social impact of IT, including solutions that enhance accessibility for less physically able and neurodiverse employees—underscoring Atos’ commitment to inclusive and responsible digital transformation.

Atos was praised for its comprehensive sustainable IT portfolio, combining solutions like the Sustainable Digital Workplace with strategic partnerships across SAP, Microsoft, and Greenspector to help enterprises measure, optimize, and decarbonize their technology estates – with stand-out capabilities spanning full IT carbon footprint assessments, modernization and energy-efficient high-performance computing, application and AI optimization, device lifecycle management, and role-based sustainability dashboards. Atos was also highlighted for pioneering decarbonization-level agreements in IT outsourcing, committing to measurable emissions reductions over time.

Atos was recognized for its deep expertise in sustainable digital workplaces, offering services that optimize end-user devices for sustainability at scale. This leadership is showcased in its partnership with the UK Department for Environment, Food and Rural Affairs (DEFRA), where Atos is delivering the government’s most environmentally sustainable digital workplace to date. Built on circular economy principles, the approach rethinks device refresh cycles and deploys high-performing refurbished laptops, significantly reducing carbon emissions and electronic waste.

“Atos is extremely proud to be praised by ISG in their latest report. This marks an important recognition that we are delivering on our longstanding commitments to digital decarbonization. Our teams have demonstrated their ability to support our customers’ sustainable digital transformation in ensuring a responsible use of technologies without compromising performance. Atos is striving to combine sustainability with the deployment of the most leading-edge technologies, for the greater benefit of our clients and all of our stakeholders” said Miriam Hanckmann, Head of Atos Sustainability Portfolio.

 “Our partnership with DEFRA illustrates perfectly how Atos is supporting its customers in their digital transformation. The results we have been able to achieve together in terms of measurement, correction, social impact and ultimately reduction of carbon emission levels, water consumption and electronics waste gives a clear, successful and field-proven example of the path our customers can follow with confidence with us in their quest for a more sustainable use of technology” said Michael Herron, Head of Atos UK & Ireland.

“Atos stands out because of its class leading delivery of IT solutions and services designed for sustainability, differentiated through circular workplace services, high-performance computing, green software engineering, accessibility, and responsible AI capabilities, which are designed to minimize environmental impact while maximizing business value for their customers. These complement Atos’ broader OT and data capabilities.”– Matt Warburton, Principal Consultant and Digital Sustainability Lead, ISG

To access the full report, please visit the dedicated section on Atos website.

*** 

About Atos Group
Atos Group is a global leader in digital transformation with c. 63,000 employees and annual revenue of c. €8 billion, operating in 61 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos Group is the brand under which Atos SE (Societas Europaea) operates. Atos SE is listed on Euronext Paris.

The purpose of Atos Group is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Press Contact
Laurent Massicot | [email protected] |

Global PR - Atos Positioned as a Leader in the ISG Provider Lens™ for Digital Sustainability IT Solutions & Services, Europe

Item 1 of 2 A screen displays the logo and trading information for Oracle Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid

[1/2]A screen displays the logo and trading information for Oracle Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares fell about 4% in premarket trading on Monday, after it outlined plans to raise $45 billion to $50 billion this ​year to expand its cloud infrastructure, fueling investor concerns about ‌its rising debt load.

The software company, chaired by billionaire Larry Ellison, said the fundraising was aimed at expanding cloud capacity to meet contracted demand from major customers such as AMD (AMD.O), opens new tab, Meta (META.O), opens new tab, Nvidia (NVDA.O), opens new tab, OpenAI, TikTok and xAI.

Sign up here.

While companies continue ‌to ramp up capacity despite limited visibility into potential returns, ​investors are concerned whether a surge in artificial intelligence-related spending across the technology sector would generate sustained demand.

"The perception is that Oracle's fortunes are ‍now heavily tied to OpenAI and combined with the company's plans to raise up to $50 billion to invest in 2026, nervousness about the situation looks unlikely to go away ⁠any time soon," said Russ Mould, investment director at AJ Bell.

Oracle ‍said it aims to meet the funding target through a roughly even mix of equity ‌and debt, ‌including equity-linked securities, common stock and a new at-the-market program of up to $20 billion, along with issuance of senior unsecured bonds planned for early next year.

Bernstein analysts said the mix of debt and equity should support ⁠Oracle's investment-grade credit ⁠rating and reduce ​uncertainty around the timing and cost of future financing.

The company faces heightened scrutiny after a recent bondholder lawsuit in January and last year's spike in its credit default ‍swap costs.

The cost of insuring Oracle's debt against default surged in December last year to its highest in at least five years.

Jefferies analysts said the financing plan "buys time" for ​Oracle's AI ambitions, but warned it could ‍weigh on margins in the near term, and said free cash flow was unlikely to turn ​positive until FY29.

Reporting by Rashika Singh in Bengaluru; Editing by Shilpi Majumdar

Our Standards: The Thomson Reuters Trust Principles., opens new tab

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced it has closed its merger with Comerica Incorporated to create the ninth-largest U.S. bank with approximately $294 billion in assets. The combination of Fifth Third’s award-winning retail banking and digital capabilities with Comerica’s strong middle market banking franchise and attractive footprint further strengthens Fifth Third’s stability, profitability and growth potential.

The merger builds upon Fifth Third’s strong momentum entering 2026, following a year of record revenue, best-in-class profitability and efficiency, strong loan and deposit growth, and continued leadership in digital banking and commercial payments. Fifth Third will now operate in 17 of the 20 fastest-growing large markets in the country, including key regions in the Southeast, Texas and California, while solidifying its leadership in the Midwest. By 2030, Fifth Third is planning to have approximately 1,750 branches, over half of which will be located in the Southeast, Texas, Arizona and California. The combined company now has two $1 billion recurring and high-return fee businesses – Commercial Payments and Wealth and Asset Management – which provide durable, diversified earnings and the additional capacity to reinvest for growth. Fifth Third will bring its proven consumer acquisition playbook and analytical marketing capabilities to Comerica’s markets to accelerate deposit growth and deepen customer relationships.

“We are thrilled to announce we have closed our merger with Comerica,” said Tim Spence, chairman, CEO and president of Fifth Third. “This combination marks a pivotal moment for Fifth Third as we accelerate our strategy to build density in high-growth markets and deepen our commercial capabilities. Together, we are creating a stronger, more diversified bank that is well-positioned to deliver exceptional value for our shareholders, customers, communities and teammates – starting today, and over the long-term.”

Integration teams will continue working closely together to ensure a seamless transition for customers. Customers will continue to enjoy consistent coverage teams and the products and services they value today, with future enhancements as the integration progresses. Full system and brand conversions are expected in the third quarter. Until then, Comerica locations will continue to operate under the Comerica brand. Full information on what customers can expect in 2026 can be found at 53.com/BetterTogether.

“Over the next five years, we see four key opportunities: scaling Comerica’s middle market expertise; deepening commercial and wealth relationships to Fifth Third levels; expanding retail banking with our proven playbook, including 150 new de novo branches in Texas; and building a differentiated innovation banking business by leveraging the capabilities of Comerica’s Tech and Life sciences vertical with Fifth Third’s Newline platform,” Spence continued. “We’re building a stronger, more innovative bank, deliberately engineered for through-the-cycle performance so we can continue delivering for our customers, communities and teammates.”

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Forward-Looking Statements

Information in this communication, other than statements of historical facts, may constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include, but are not limited to, statements related to the expected benefits of the transaction. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “targets,” “scheduled,” “plans,” “intends,” “goal,” “anticipates,” “expects,” “believes,” “forecasts,” “outlook,” “estimates,” “potential,” or “continue” or negatives of such terms or other comparable terminology. All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Fifth Third to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others, risks relating to the transaction, including the risk that the cost savings and any revenue synergies and other anticipated benefits from the transaction may not be fully realized or may take longer than anticipated to be realized, the risk that Fifth Third may be unable to successfully execute its business plans and strategies and manage the risks involved in its acquisition of Comerica and the risk that the integration of Comerica’s business and operations into Fifth Third will be materially delayed or will be more costly or difficult than expected. Additional factors that could affect future results of Fifth Third can be found in Fifth Third’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at http://www.sec.gov. Fifth Third disclaims any obligation and do not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws.

, /PRNewswire/ -- XPLR Infrastructure, LP (NYSE: XIFR) today announced that it plans to report fourth-quarter and full-year 2025 financial results before the opening of the New York Stock Exchange on Tuesday, Feb. 10, 2026, in a news release to be posted on the company's website at www.XPLRInfrastructure.com/FinancialResults. The company will issue an advisory news release over PR Newswire the morning of Feb. 10 with a link to the financial results news release on the company's website. As previously communicated, the company will make available its financial results only on its website.

Members of the company's senior management team will discuss the company's fourth-quarter and full-year 2025 financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET on Feb. 10.

The listen-only webcast will be available on XPLR Infrastructure's website by accessing the following link: www.XPLRInfrastructure.com/FinancialResults. The financial results news release and the slides accompanying the presentation may be downloaded at www.XPLRInfrastructure.com/FinancialResults, beginning at 7:30 a.m. ET on the day of the webcast. A replay will be available for 90 days by accessing the link listed above.

XPLR Infrastructure, LP
XPLR Infrastructure, LP (NYSE: XIFR) is a limited partnership that has an ownership interest in a clean energy infrastructure portfolio with long-term, stable cash flows. XPLR Infrastructure is focused on delivering long-term value to its common unitholders through disciplined capital allocation of the cash flows generated by its assets and is positioning itself to benefit from the expected growth in the U.S. power sector. Headquartered in Juno Beach, Florida, XPLR Infrastructure's portfolio of contracted clean energy assets is diversified across generation technologies, including wind, solar and battery storage projects in the U.S. For more information, please visit: www.XPLRInfrastructure.com.

SOURCE XPLR Infrastructure, LP

ANAHEIM, CA / ACCESS Newswire / February 2, 2026 / EdisonFuture Motor Inc., a wholly owned subsidiary of Phoenix Motor Inc. (OTC:PEVM), today announced the launch of a U.S.-manufactured robotic dog platform designed for commercial deployment and delivered through a scalable Robot Fleet as a Service (RFaaS) model. The initiative represents a strategic expansion of Phoenix Motor's technology portfolio into advanced robotics, autonomy, and recurring-revenue fleet services.

Strategic Rationale

EdisonFuture's robotic dog platform leverages Phoenix Motor's existing strengths in U.S.-based manufacturing, fleet operations, and lifecycle management. Management believes the convergence of AI-driven autonomy, rising labor costs, and increasing demand for automation across logistics, security, inspection, and industrial services creates a compelling opportunity for capital-efficient growth beyond traditional vehicle manufacturing.

Platform Overview

The EdisonFuture robotic dog platform is engineered as a modular, multi-use system, supporting a broad range of commercial applications. The platform will be offered in three configurations:

Note: Left image above is MaxPro Model, and Right image above is Max Model

Note: Left image above is Ultra Model, and Right image above is Pro Model

Compact Model: Payload capacity up to 10 kg, optimized for agility and confined environments

Mid-Size Model: Payload capacity up to 75 kg, designed for general commercial and industrial use

Large Model: Payload capacity up to 100 kg, equipped with LiDAR-enabled autonomous navigation for complex operating environments

The modular architecture allows rapid configuration changes, software upgrades, and integration of third-party sensors or payloads, supporting long-term platform extensibility.

U.S. Manufacturing and Cost Structure

All robotic dog systems will be assembled and integrated at EdisonFuture's Anaheim, California facility. U.S. manufacturing is expected to:

Reduce supply-chain complexity and lead times

Improve serviceability and fleet uptime

Lower long-term total cost of ownership for customers

Support compliance with enterprise and government procurement requirements

RFaaS: Recurring Revenue Model

EdisonFuture plans to commercialize the platform primarily through a Robot Fleet as a Service (RFaaS) model, offering customers subscription-based or usage-based access to robotic fleets. Under this model, EdisonFuture will manage deployment, maintenance, software updates, and fleet optimization, creating opportunities for predictable, recurring revenue streams over the lifecycle of deployed assets.

Initial Pilot Deployment

The company expects to deploy approximately 200 robotic units in Irvine, California, as part of an initial pilot program with JustGo Delivery. Results from this pilot will inform broader commercial rollout strategies and potential expansion into additional enterprise and industrial applications.

Leadership Commentary

"This initiative reflects our disciplined approach to expanding Phoenix Motor beyond traditional vehicle manufacturing and into technology-enabled fleet services," said Denton Peng, Chairman and CEO of Phoenix Motor Inc. "By combining U.S. manufacturing, modular robotics, and a fleet-based revenue model, we are positioning EdisonFuture to pursue scalable growth opportunities aligned with long-term automation trends."About Phoenix Motor Inc.

About EdisonFuture Motor Inc.

EdisonFuture Motor Inc. is a wholly owned subsidiary of Phoenix Motor Inc. (OTC:PEVM). Based in Anaheim, California, EdisonFuture focuses on robotics, autonomous systems, and electric mobility technologies, integrating design, manufacturing, and fleet operations to deliver scalable solutions for commercial and industrial markets.

Forward-Looking Statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's current expectations and speak only as of the date of this release. Actual results may differ materially from the Company's current expectations depending upon a number of factors. These risk factors include, among others, those related to our ability to raise additional capital necessary to grow our business, operations and business and financial performance, our ability to grow demand for our products and revenue, our ability to become profitable, our ability to have access to an adequate supply of parts and materials and other critical components for our vehicles on the timeline we expect, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company's annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.

Contact:

Denton Peng, CEO
Phoenix Motor Inc.
1-916-622-5531
[email protected]

SOURCE: Phoenix Motor Inc.

Revamped loyalty program features four tiers, cash-like redemption, and exclusive VIP experiences February 02, 2026 06:30 ET  | Source: Planet 13 Holdings Inc.

LAS VEGAS, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the launch of Planet 13 Rewards, a redesigned loyalty program that lets customers earn points on every purchase and redeem them like cash at checkout.

The program features three tiers—Insider, Prestige, and VIP—with earning rates that increase based on annual spend. All members start at the Insider tier, earning 2 points per dollar spent. As customers reach higher spend thresholds, they automatically unlock faster earning rates up to 6 points per dollar at the VIP level.

"We designed Planet 13 Rewards to be straightforward and genuinely rewarding," said Larry Scheffler, Co-CEO of Planet 13. "There are no complicated rules. You earn points, you spend them like cash. The more you shop with us, the faster those rewards add up."

Program Highlights:
Points convert directly to dollars at checkout, with 500 points worth $5 off and no limits on quantity of points redeemed per transaction. Members also receive a *free (*penny) item for their birthday, valid for 30 days. Points remain active as long as members make a purchase within any six-month period.

Tier placement is determined by calendar-year spending and takes effect each February 1. However, customers who reach a higher spend threshold during the year receive an immediate upgrade. Downgrades may only occur at the annual reset, protecting members' status throughout the year.

The program integrates with the Planet 13 mobile app, available on iOS and Android, where members can track points, view their tier status, and browse current promotions. Customers can also earn and redeem points in-store using their phone number or email.

Enrollment is free and open to all eligible customers at any Planet 13 location.

About Planet 13

Planet 13 (https://planet13.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations across its locations in Nevada, Illinois, and Florida. Home to the nation's largest dispensary, located just off The Strip in Las Vegas, Planet 13 continues to expand its footprint with the recent debut of its first consumption lounge in Las Vegas, DAZED!, the opening of its first Illinois dispensary in Waukegan, bringing unparalleled cannabis experiences to the Chicago metro area. Planet 13 operates dispensaries across Florida, a key market in its expansive footprint. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and innovative cannabis products. Licensed cannabis activity is legal in the states Planet 13 operates in but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH. To learn more, visit planet13.com and follow Planet 13 on X @ShopPlanet13 and on Instagram @planet13official_.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements and are often, but not always, identified by phrases such "plans", "expects", "proposed", "may", "could", "would", "intends", "anticipates", or "believes", or variations of such words and phrases. In this news release, forward-looking statements relate to the loyalty program. Such forward-looking statements reflect what management of the Company believes, or believed at the time, to be reasonable assumptions and accordingly readers are cautioned not to place undue reliance upon such forward-looking statements and that actual results may vary from such forward-looking statements. These assumptions, risks and uncertainties which may cause actual results to differ include, among others, those assumptions, risks and uncertainties discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and any of the Company's subsequent periodic reports filed with the U.S. Securities and Exchange Commission at www.sec.gov and on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made only as to the date of this press release and we assume no obligation to update or revise any forward-looking statements should they change, except as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

For further inquiries, please contact:

Planet 13 Investors:
Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
[email protected]

Planet 13 Media:
Colin Trethewey / PRmediaNow Communications
[email protected]  

CHANTILLY, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a six-year, $60 million new contract by the Foothill Gold Line Construction Authority to complete design of phase 2B2 of the Foothill Gold Line project and provide design services during construction. As part of the longest linear light rail line in the world, phase 2B2 will complete the next segment of the Metro A Line light rail system, by adding a 2.3-mile extension from Pomona to Claremont.

“Parsons has led design teams for each phase of this project for the past 25 years, and we are excited to once again be selected to continue that legacy,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “Extending light rail options opens access to neighborhoods that were once limited for commuters. The A Line expansion will improve commuter and visitor access between downtown Los Angeles and the eastern portion of Los Angeles County. It is rewarding for everyone who has been involved at Parsons to see the next segment move forward to design and come one step closer to fruition.”

This segment, along with previous design phases, will provide innovative and sustainable solutions that reduce traffic congestion, improve air quality, and help commuters reach their destinations safely and reliably. Our rail and transit experts have helped improve connections between California communities since our founding in 1944, including celebrating the substantial completion of the most recently completed phase of the Foothill project from Glendora to Pomona in 2025.

Parsons has decades of experience designing, delivering, and protecting the infrastructure that connects our communities around the world, including roads and highways; bridges; passenger and freight rail; public transit; airports; and ports and waterways. Our experience includes more than 10,000 miles of roadways, 4,500 bridges, over 450 rail and transit projects, and more than 50 advanced traffic management system deployments that help cities and states improve safety and travel efficiency while also reducing emissions and energy costs to enhance the quality of life in the communities we serve.

To learn more about Parsons’ rail and transit expertise, visit parsons.com/rail-transit/.

About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

Media Contact:
Bernadette Miller
+1 980.253.9781
[email protected]

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
[email protected]

VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce new results from the 2025 diamond drill program at its Valentine Gold Mine (“Valentine”) located in Newfoundland & Labrador, Canada. Drilling has confirmed a new gold discovery – the Minotaur Zone – located 8 km northwest of the mill, and broad zones of high-grade. Drilling also encountered continuous gold mineralization in the Frank Zone, located along trend southwest of the existing Leprechaun open pit. These results further reinforce the Company’s confidence in the potential for new discoveries and resource expansion, underscoring the relatively untapped potential of the district (see previous news releases dated November 25, 2024 and February 11, 2025). The 2026 exploration program is targeting approximately 100 km of drilling across the Valentine property, focusing on Frank, Minotaur, resource expansion and additional greenfield discoveries.

Darren Hall, Chief Executive Officer of Equinox Gold commented: “These latest drill results continue to strengthen our confidence in the scale and quality of the Valentine Gold District. At the Frank Zone, located outside of current Resources we are seeing consistent, high-grade gold mineralization over broad widths, supporting the potential for a new open pit capable of contributing to both production growth and mine life extension beyond the current 14-year mine plan.

“Early drilling at the newly discovered Minotaur Zone also confirms that significant gold mineralization exists well outside the main Valentine Lake Shear Zone structure. Initial drilling in 2025 defined mineralization over a 700-metre strike length and remaining open in all directions, with step-outs suggesting the potential for the mineralized system to extend over approximately 2 km. While Minotaur exploration is still at an early stage, the presence of surface grab samples with visible gold grading as high at 650 g/t gold and multiple high-grade drill intercepts over meaningful widths underscores the broader, district-scale potential of the property. Given the significance of this new discovery, we are planning 15,000 – 20,000 m of drilling in the Minotaur Zone in 2026.

“With less than 15% of the 320-square-kilometre Valentine land package explored to date, results from Frank, Minotaur and other emerging targets continue to demonstrate that Valentine has the potential to support long-term growth well beyond the current mine plan.”

Initial Drilling Highlights from newly discovered Minotaur Gold Zone include1:

2.68 grams per tonne gold (“g/t Au”) over 32 metres (“m”) and 2.67 g/t Au over 18 m (MT-25-011) – two separate zones5.74 g/t Au over 8 m, 1.22 g/t Au over 12 m and 2.03 g/t Au over 8 m (MT-25-019) – three separate zones1.78 g/t Au over 39 m (including 4.25 g/t Au over 11 m); 10.08 g/t Au over 1 m (MT-25-024)5.85 g/t Au over 3 m (MT-25-022)1.67 g/t Au over 7 m and 1.01 g/t Au over 14 m (MT-25-025)0.83 g/t Au over 16 m (MT-25-003)1.03 g/t Au over 13 m (MT-25-004) Drill Highlights from Expanding Frank Gold Zone (Outside current Resources) include:

22.10 g/t Au over 6.30 m estimated true width (“ETW”); 1.05 g/t Au over 26.1 m (FZ-25-082)3.12 g/t Au over 63.90 m ETW (FZ-25-095)7.50 g/t Au over 12.60 m ETW (FZ-25-083)1.06 g/t Au over 63.90 m ETW; 2.05 g/t Au over 18.90 m ETW; 10.64 g/t Au over 1.80 m ETW (FZ-25-074)2.10 g/t Au over 31.28 m ETW (FZ-23-019-EXT)16.45 g/t Au over 3.60 m ETW (FZ-25-085)3.56 g/t Au over 16.02 m ETW (FZ-25-084)2.36 g/t Au over 19.14 m ETW (FZ-25-100)1.13 g/t Au over 30.69 m ETW; 2.92 g/t Au over 11.88 m ETW (FZ-25-075)1.84 g/t Au over 21.84 m ETW (FZ-25-112) Highlights from previously reported drilling at the Frank Zone include:

2.43 g/t Au over 172.80 m ETW (FZ-24-048)2.12 g/t Au over 95.40 m ETW (FZ-24-046)2.26 g/t Au over 78.32 m ETW (FZ-24-040)3.08 g/t Au over 48.23 m ETW (FZ-24-062)At surface, 97.87 g/t Au over 3.89 m ETW; 1.62 g/t Au over 44.59 m ETW (FZ-24-064) Minotaur Zone
The Minotaur Zone represents an exciting new gold discovery at the Valentine property, showcasing the early impact of integrating artificial intelligence with traditional exploration. Initially flagged in 2013 through grab samples grading up to 7 g/t Au, the area gained renewed interest through Equinox Gold’s use of VRIFY’s AI-powered exploration software, DORA. Using DORA, Equinox Gold’s geological team integrated multiple data layers including geochemistry, geophysics, and structural geology, which led to the Minotaur Zone being identified as a high-priority target with a top-tier VRIFY Prospectivity Score. This AI-supported analysis, combined with the discovery of visible gold and grab samples grading as high as 650 g/t Au, led to the first-ever drill program in the area. The results highlight how Equinox Gold is leveraging cutting-edge AI technology to enhance exploration success and accelerate value creation.

Frank Zone
Drilling at the Frank Zone, located immediately southwest of the active Leprechaun pit, has continued to identify broad zones of gold mineralization, delineating a gold corridor more than one km in length along trend from defined Mineral Reserves and Mineral Resources. Equinox Gold believes the Frank Zone has the potential to be developed as a new open pit and has planned approximately 25,000 m of drilling in 2026.

Link 1 – Drill results figures
Link 2 – VRIFY figures
Link 3 – Drill results table

About Equinox Gold’s Valentine Gold Mine
The multi-million-ounce Valentine Gold Mine, located in Newfoundland & Labrador, Canada, poured first gold ahead of schedule in September 2025 and achieved commercial production in November 2025. The mine continues to ramp up with the expectation of achieving design capacity during Q2 2026 and producing 150,000 to 200,000 ounces of gold in 2026 with all-in sustaining costs2 of US$1,200 to US$1,300 per ounce of gold sold. Once fully operational, Valentine will be the largest gold-producing mine in Atlantic Canada with production expected to average 175,000 to 200,000 ounces per year for the first 12 years of its 14-year reserve life. Encompassing a 320-square-km land package, Valentine has the potential to emerge as a new gold district. The project covers a highly prospective 32-km mineralized trend that hosts multiple deposits and offers strong exploration upside.

Quality Assurance/Quality Control
Equinox Gold maintains a Quality Assurance/Quality Control (“QA/QC”) program for all its exploration projects using industry best practices. QA/QC protocols followed at Valentine include the insertion of blanks and standards at regular intervals in each sample batch. Drill core is cut in half with one half retained at site and the other half tagged and sent to Eastern Analytical Limited in Springdale, NL. All reported core samples are analyzed for gold by fire assay (30g) with AA finish. All samples above 0.30 g/t Au and those in economically interesting intervals are further assayed using metallic screen to mitigate the presence of coarse gold. Significant mineralized intervals are reported in the drill results table as core lengths and estimated true width (60 - 100% of core length). Additional information regarding the Company’s data verification processes is set out in the Valentine Gold Project Technical Report, which can be found on the Company’s website at www.equinoxgold.com and on Calibre Mining’s profile on SEDAR+ at www.sedarplus.ca.

Qualified Person and Technical Information
The scientific and technical information contained in this news release was approved by Nic Capps, P.Geo., Vice President of Exploration, Newfoundland, for Equinox Gold who is a “Qualified Person” under National Instrument 43-101.

About Equinox Gold
Equinox Gold (TSX: EQX, NYSE-A: EQX) is a Canadian mining company positioned for growth with a strong foundation of high-quality, long-life gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Founded and chaired by renowned mining entrepreneur Ross Beaty and guided by a seasoned leadership team with broad expertise, the Company is focused on disciplined execution, operational excellence and long-term value creation. Equinox Gold offers investors meaningful exposure to gold with a diversified portfolio and clear path to growth. Learn more at www.equinoxgold.com or contact [email protected].

Equinox Gold Contact
Ryan King
EVP Capital Markets
T: 778.998.3700
E: [email protected]
E: [email protected]

______________________
1. Highlight Minotaur intervals are reported as core lengths; insufficient data to estimate true widths due to varying vein orientations.
2. All-in sustaining cost per ounce is a non-IFRS measure. See Non-IFRS Measures and Cautionary Notes.

Cautionary Notes & Forward-looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financial information or financial outlook information (collectively “Forward-looking Information”). Actual results of operations and the ensuing financial results may vary materially from the amounts set out in any Forward-looking Information. Forward-looking Information in this news release relates to, among other things: the strategic vision for the Company and expectations regarding exploration potential, production capabilities, growth potential, expansion projects and future financial or operating performance, including exploration upside, future mining opportunities at Valentine and anticipated 2026 production and cost guidance. Forward-looking Information is generally identified using words like “will”, “potential”, “growth”, “future”, “continues”, “target”, “expect”, “increase”, and similar expressions and phrases or statements that certain actions, events or results “may”, “could”, or “should”, or the negative connotation of such terms, are intended to identify Forward-looking Information. Although the Company believes that the expectations reflected in such Forward-looking Information are reasonable, undue reliance should not be placed on Forward-looking Information since the Company can give no assurance that such expectations will prove to be correct. The Company has based Forward-looking Information on the Company’s current expectations and projections about future events and these assumptions include: Equinox Gold’s ability to achieve the exploration, production, cost and development expectations for its respective operations and projects, including Valentine; prices for gold remaining as estimated; availability of funds for the Company’s projects and future cash requirements; the Company’s ability to maintain and obtain all necessary permits, licenses and regulatory approvals in a timely manner or at all; no unexpected geological formations or environmental hazards are encountered; tonnage of ore to be mined and processed and ore grades and recoveries remaining consistent with mine plans. While the Company considers these assumptions to be reasonable, they may prove to be incorrect.

Forward-looking Information involves numerous risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such Forward-looking Information. Such factors include those described in the section “Risk Factors in the Company’s MD&A dated March 13, 2025 for the year ended December 31, 2024, and in the section titled “Risks Related to the Business” in Equinox Gold’s most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar and in the section “Risk Factors” in Calibre Mining’s MD&A dated February 19, 2025 for the year ended December 31, 2024 and the section titled “Risk Factors” in Calibre Mining’s most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca. Forward-looking Information reflects management’s current expectations for future events and is subject to change. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any Forward-looking Information contained or incorporated by reference to reflect actual results, future events or developments, changes in assumptions or other factors affecting Forward-looking Information. If the Company updates any Forward-looking Information, no inference should be drawn that the Company will make additional updates with respect to those or other Forward-looking Information. All Forward-looking Information contained in this news release is expressly qualified by this cautionary statement.

Non-IFRS Measures

This news release refers to all-in sustaining costs per ounce sold, which is a measure with no standardized meaning under the International Financial Reporting Standards (“IFRS”) and may not be comparable to such measures as reported by other companies. This measure has been calculated on a basis consistent with historical periods. Please refer to the Company’s MD&A filed on SEDAR+ under the Company’s profile at www.sedarplus.ca for the third quarter of 2025 for an explanation of non-IFRS measures used.

Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 2:

Burke & Herbert Financial Services Corp. (BHRB - Free Report) : This bank holding company for Burke & Herbert Bank & Trust Company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.

Burke & Herbert Financial Services has a price-to-earnings ratio (P/E) of 8.08 compared with 22.44 for the S&P. The company possesses a Value Scoreof B.

Southwest Airlines Co. (LUV - Free Report) : This airline company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.9% over the last 60 days.

Southwest Airlines has a price-to-earnings ratio (P/E) of 12.82 compared with 22.44 for the S&P. The company possesses a Value Score of B.

Aviva plc (AVVIY - Free Report) : This financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

Aviva has a price-to-earnings ratio (P/E) of 10.45 compared with 11.50 for the industry. The company possesses a Value Score of B.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced the appointment of Derek J. Kerr, Barbara R. Smith and Michael G. Van de Ven to its Board of Directors, effective February 1, 2026.

“We’re pleased to welcome Derek, Barbara and Mike to our Board,” said Tim Spence, chairman, CEO and president of Fifth Third. “Each Director brings a distinctive combination of leadership and industry experience that will be an invaluable asset. Their perspectives, insight and experience will help guide the new Fifth Third as we continue to deliver innovative solutions for our customers and communities.”

Kerr is an experienced financial leader with broad and deep exposure to complex financial issues, bringing nearly four decades of accounting, finance and corporate governance experience in the aviation and airline industry. Most recently, he served as Vice Chair of American Airlines Group and President of American Eagle. Prior to this, Kerr served as Chief Financial Officer of American Airlines, Inc., overseeing global corporate risk, corporate development and corporate financial functions, including treasury, accounting, financial planning, labor and fleet analysis, tax, strategic planning, investor relations and purchasing. Earlier in his career, he served as Chief Financial Officer for US Airways and America West Airlines. Kerr served on Comerica’s Board of Directors since 2023. He currently serves as a board member for AECOM and Standard Aero. He will serve on the Bancorp’s Audit Committee and Technology Committee.

Smith brings to the Board a number of key skills, including executive business leadership, strong management experience and significant financial expertise. Most recently, Smith served as Chairman, President and CEO for Commercial Metals Company (CMC), a Fortune 500 metals company, from September 2017 until her retirement in 2023. Following her retirement, she served for one year as Executive Chairman of the Board of CMC. She joined CMC in 2011 as Chief Financial Officer and was promoted to Chief Operating Officer in 2016 and then Chief Executive Officer in 2017. Earlier in her career, Smith served as Chief Financial Officer for Gerdau Ameristeel and FARO Technologies and held a variety of leadership positions with Alcoa, Inc. Smith served on Comerica’s Board of Directors since 2017, including as the Board’s Independent Facilitating Director. She currently serves as a board member for D.R. Horton. Smith will serve on the Bancorp’s Audit Committee and Human Capital and Compensation Committee.

Van de Ven is a seasoned executive with a strong background in operations, risk management and a deep understanding of financial planning and accounting. Since January 2023, he has served as an Executive Advisor at Southwest Airlines Co. Prior to this role he served as President and Chief Operating Officer. Van de Ven spent more than 30 years of his career at Southwest, holding various positions and responsibilities for the airline, including financial planning and analysis, fleet planning, aircraft operations and schedule planning. He also served as senior audit manager for Ernst & Young LLP and is a licensed Certified Public Accountant. Van de Ven served on Comerica’s Board of Directors since 2016, including chairing the Governance, Compensation and Nominating Committee. He also joined the Board of Directors of Keurig Dr Pepper in April 2025, and chairs their Audit and Finance Committee. He will serve on the Bancorp’s Risk and Compliance Committee and Nominating and Corporate Governance Committee.

With these appointments, the size of Fifth Third’s Board increases to 16 directors.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Forward-Looking Statements

Information in this communication, other than statements of historical facts, may constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include, but are not limited to, statements related to the expected benefits of the transaction. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “targets,” “scheduled,” “plans,” “intends,” “goal,” “anticipates,” “expects,” “believes,” “forecasts,” “outlook,” “estimates,” “potential,” or “continue” or negatives of such terms or other comparable terminology. All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Fifth Third to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others, risks relating to the transaction, including the risk that the cost savings and any revenue synergies and other anticipated benefits from the transaction may not be fully realized or may take longer than anticipated to be realized, the risk that Fifth Third may be unable to successfully execute its business plans and strategies and manage the risks involved in its acquisition of Comerica and the risk that the integration of Comerica’s business and operations into Fifth Third will be materially delayed or will be more costly or difficult than expected. Additional factors that could affect future results of Fifth Third can be found in Fifth Third’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at http://www.sec.gov. Fifth Third disclaims any obligation and do not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

The crypto market crash deepens, with Bitcoin (BTC) falling to a 10-month low of $74,550 and testing a critical support level. Other major assets, including Ethereum (ETH), XRP, and Dogecoin (DOGE), also saw significant declines today.

The Crypto Fear & Greed Index dropped further into ‘extreme fear’ at 14, as the total crypto market cap crash by almost 5% to $2.53 trillion. More than $510 billion has now wiped out in just a few days, with liquidations by institutions and whales worsening the selloff.

US stock market futures also extend losses, with the crypto stocks-heavy Nasdaq 100 to open 1.80% lower on Monday. Notably, gold prices are now down more than $1,100 in 3 trading days, currently trading 8% lower at $4,482.

Experts Predict Deeper Crypto Market Crash Last week, CoinGape was the first to predict the Bitcoin price crash when BTC was trading at $89K. The prediction was based on multiple factors, including spot Bitcoin and Ethereum ETF outflows, limited stablecoin liquidity, a hawkish US Fed, crypto options expiry, derivatives positioning, a strengthening Japanese yen, bear market sentiment, and technical indicators.

Today’s 5-6% decline in BTC is driven by investor concerns about the partial US government shutdown, adding to ongoing concerns over Iran-US tensions and tariffs. However, House Speaker Mike Johnson stated that the House aims to end the shutdown by Tuesday, even as he prepares to move forward without Democratic support for Department of Homeland Security funding, Axios reported on February 2.

The broader crypto market crash saw ETH dropping 8% to below $2,200. XRP fell over 5% to a low of $1.53, and DOGE is down 16% for the week amid risk-off sentiment.

The crash isn’t isolated to the crypto market. It’s tied to broader market dynamics, with even gold and silver seeing sharp drops of nearly 8% and 12% today. The Kobeissi Letter pointed out that selling pressure across commodities as Bitcoin hits its lowest level since April 2025.

This follows US President Donald Trump’s nomination of former Fed Governor Kevin Warsh as the next Fed Chair. While Warsh has maintained a hawkish stance on rate cuts, Trump asserts that additional cuts are forthcoming. This suggests reduced liquidity for risk assets such as stocks and cryptocurrencies.

BREAKING: Selling pressure accelerates across multiple asset classes as Bitcoin hits its lowest level since April 2025:

1. Natural Gas: -15.5%
2. ETH: -10.5%
3. Silver: -8.0%
4. Gold: -5.5%
5. Bitcoin: -5.5%
6. WTI Crude: -4.5%
7. Nasdaq 100: -1.5%
8. S&P 500: -1.2%
9. Dow 30:…

— The Kobeissi Letter (@KobeissiLetter) February 2, 2026

Analyst Predicts Further Bitcoin and Crypto Market Crash The crypto market crash is driven by a combination of macroeconomic pressures, policy shifts, geopolitical risks, and technical factors. As spot Bitcoin and Ethereum ETFs continue heavy outflows, analysts predict the potential for more price crashes in BTC, ETH, XRP, and DOGE.

Veteran trader Peter Brandt has lowered his Bitcoin price target from $58K to $54K. This comes as BTC wavers near critical support of $74,500 today, risking a fall to $66,530.

Bitcoin Monthly Price Chart. Source: Rekt Capital Analyst Rekt Capital noted that BTC closed the month below the base of the macro triangle, indicating a bearish trend. This pattern suggests a likely breakdown into the bearish acceleration phase of the cycle.

He added that “history suggests that price may struggle to even revisit the Triangle base to turn it into new resistance $82500. The longer Bitcoin stays below $82500, the chances for Bearish Acceleration increase.”

Analyst Ali Martinez identifies $2,250 to $2,100 as a key support range for Ethereum. For XRP, resistance is at $1.86, with support at $1.38 and $1.02 to watch amid the crypto market crash.

XRP Price Weekly Chart. Source: Ali Martinez As CoinGape reported earlier, Peter Brandt warned that ongoing bearish pressure could crash the crypto market cap to $2.41 trillion, following a break below the key $2.82 trillion support level. This would increase selling pressure on BTC, ETH, XRP, and DOGE.

Another $800 Million in BTC, ETH, XRP and DOGE Liquidations After more than $2.5 billion in forced liquidations and leverage reductions across major crypto assets in recent days, an additional $800 million was liquidated in the past 24 hours.

CoinGlass data indicates that over 201K traders were liquidated in the past 24 hours, with the largest single BTC-USD liquidation order worth $15.46 million on Hyperliquid.

In the past 24 hours, over $600 million in long positions and $200 million in short positions were liquidated. Notably, $180 million in long positions were liquidated within a single hour during today’s crypto market crash.

ETH, BTC, SILVER perpetual, SOL, XAG, XRP, XAU, GOLD perpetual, PUMP, HYPE, and DOGE were among the most liquidated assets in the past 24 hours.

Crypto Liquidations Per Hour. Source: Coinglass Whales and institutions continue to liquidate their holdings, though some buy-the-dip activity has been observed in recent hours. Trend Research deposited an additional 20,000 ETH to Binance, bringing the total to 53,588 ETH to repay a loan on Aave.

Also, Lookonchain reported that the Trump insider whale is selling ETH to repay debt on Aave. Over the past two days, this whale deposited 121,185 Ethereum ($292 million) into Binance and withdrew $92.5 million in stablecoins to repay the loan. The whale currently holds 30,661 Bitcoin ($2.36 billion) and 783,514 Ethereum ($1.78 billion) on-chain.

Trump Insider Whale ETH Liquidations. Source: Lookonchain

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Ethereum, the second-largest cryptocurrency by market cap, has slipped below $2,200 amid a broader downturn in the crypto market. This decline comes amid heavy selling pressure across major digital assets, sending their prices to severe lows. If Ether continues its negative trend, experts believe that the altcoin may plummet to historic lows.

Broad Crypto Market Crash Drags Ethereum to Severe Lows The global crypto market remains under heavy pressure, with digital assets continuing to plummet. The ongoing liquidation has dragged the total market capitalization and prices down to levels even below those seen during the October 11, 2025, debacle. Thus, the current crisis marks the largest crypto market crash ever seen.

Currently, the market has reached $2.59 trillion, with a notable decline of 2.5% in a day. Bitcoin is trading near the $75k level, marking nearly a 10-month low. In line with the major trend, Ethereum has also plummeted to levels not seen since June 2025.

As of press time, the ETH price is marked at $2,243, down by a massive 7% in a day. Over the past week and month, the token has slipped by 22% and 27%, respectively.

This further bolsters CoinGape’s Ethereum price prediction. Recently, experts projected Ether’s possible crash to $2k while Vitalik Buterin withdrew $44 million worth of tokens.

Why is the Ethereum Price Down Today? Significantly, the Ethereum price drop is driven by the major crypto market crash, which saw a huge wave of liquidations across multiple assets. According to CoinGlass data, more than $700 million in leveraged positions were wiped out in just 24 hours. Ethereum was hit especially hard, accounting for nearly $300 million in long positions.

Source: CoinGlass; Ethereum Liquidation Data Another major reason for the ETH price downturn is the major selloffs from ETH whales. Amid the sustained bearish trend of Ether, large holders dumped their holdings. In addition, Ether ETFs also recorded about $200 million in daily outflows.

As market analyst Ted predicted, if Ethereum continues this downtrend, it could lead to a major collapse. The analyst identifies the $2,000-$2,200 zone as a critical support level. If Ether fails to hold this zone, the price could slip to April 2025 lows near $1,400.

$ETH tapped the $2,000-$2,200 support zone today.

This is a must-hold zone for Ethereum; otherwise, it could drop towards April 2025 lows. pic.twitter.com/SO2QIVJfDE

— Ted (@TedPillows) February 2, 2026

It is worth noting that the analysts like Jake Wujastyk projected Ether’s potential decline to $1,800-$1,850 levels, as CoinGape reported recently. Thus, Ethereum is likely to continue its downward pull, reaching severe lows.

Key NotesEther dropped sharply as the week started, extending its weekly losses.Trend Research deposited 53,589 ETH worth over $120 million to exchanges in the past 24 hours.Long term Ethereum OGs bought the dip at $2,295 average price. Ethereum ETH $2 311 24h volatility: 4.5% Market cap: $277.48 B Vol. 24h: $51.32 B fell 9% to a daily low near $2,165 on Feb. 2 and erased more than $25 billion from its market cap in 24 hours.

At the time of writing, the cryptocurrency is trading around $2,227. The fall extends last week’s sell-off, with Ether now down 23% over the past seven days.

Despite the steep decline, on-chain data shows a clear split in behavior between institutional players reducing exposure and long-term holders stepping in to accumulate.

Bitmine is among the largest entities under pressure from the price drop. The firm holds about 4.24 million ETH acquired at an average price of $3,882, for a total cost of around $15.65 billion. At current prices, those holdings are valued near $9.54 billion.

This means the firm now bears over $6 billion in unrealized losses on its Ether holdings. Bitmine has continued to add ETH and expand its staking products.

Trend Research Sell-Offs Trend Research has been actively reducing its ETH holdings amid the price drop, data shared by LookOnChain suggests.

On Feb. 2, the firm deposited another 20,000 ETH worth about $43.88 million into Binance.

Trend Research just deposited another 20,000 $ETH($43.88M) to #Binance.https://t.co/nDgzLGIC4N pic.twitter.com/SVjzrxTAF8

— Lookonchain (@lookonchain) February 2, 2026

Over the past 24 hours, Trend Research deposited a total of 53,589 ETH valued at more than $120 million, then withdrew 77.5 million USDT to repay outstanding loans on Aave AAVE $126.8 24h volatility: 0.4% Market cap: $1.92 B Vol. 24h: $571.74 M .

Despite these sell-offs, the firm still holds 418,045 ETH.

Ethereum OGs Accumulate While some large holders sell, Ethereum OGs are aggressively buying the dip using looped borrowing strategies.

On-chain data reveals that two wallets that had remained inactive for five years recently became active.

Together, they deposited 44,490 ETH valued at $98.3 million into Aave, borrowed 104 million USDT, and used the funds to buy 45,319 ETH at an average price of $2,295.

Ethereum OGs are buying $ETH using looped borrowing.

Two wallets that were dormant for 5 years deposited 44,490 $ETH($98.3M) into #Aave, then borrowed 104M $USDT to buy 45,319 $ETH at $2,295 avg.https://t.co/Wc1QkkFX2Ghttps://t.co/3ky7LSXIoc pic.twitter.com/PJ10L3Q74k

— Lookonchain (@lookonchain) February 2, 2026

Meanwhile, an OTC whale purchased 30,392 ETH worth about $70.12 million earlier on Feb. 2.

Some whales are panic-selling, while others are bravely buying the dip.

This OTC whale bought 30,392 $ETH($70.12M) and 500 $CBBTC($30.74M) over the past 10 hours.https://t.co/DZt7lpwYbK pic.twitter.com/H576I2tnD4

— Lookonchain (@lookonchain) February 2, 2026

What’s Next for ETH? The current sell-off triggered massive liquidations, with Jan. 31 marking one of the strongest capitulation events in four months.

Ethereum has broken below its 200-day simple moving average, a level that last failed in March 2025 before a rally from $1,600 to nearly $4,900.

Analysts note that the current price is a good buying opportunity with next key support around $1,850-$1,550.

Popular analyst Crypto Patel recently reiterated his long-term target of $10,000 for ETH.

$ETH UPDATE: 40% DROP FROM MY WARNING

When #ETHEREUM Was at $3,850, I Warned you:
"If $3,500-$3,600 Breaks = BIG Bearish Signal"
Today: #ETH hit $2,204 ✅

Now I’m Saying This Again:
👉 This Zone Is One Of The Best Zones To Start Long-Term Accumulation.

My Strategy:
1st Entry:… https://t.co/tlPsiz2qV9 pic.twitter.com/ZixzyvC08i

— Crypto Patel (@CryptoPatel) February 1, 2026

Bitcoin Hyper Presale Raises $31M, Drawing Strong Investor Attention As Ether remains under pressure, interest is shifting toward newer crypto projects such as Bitcoin Hyper (HYPER).

The project has already raised about $31.19 million during its ongoing presale as investors look for alternatives beyond top assets.

Bitcoin’s base network continues to face challenges like congestion and high fees. Bitcoin Hyper introduces a Layer 2 network that uses Solana SOL $102.7 24h volatility: 2.5% Market cap: $58.04 B Vol. 24h: $9.09 B based technology to improve transaction speed and reduce costs.

Tokenomics of Bitcoin Hyper Current Price: $0.013675 Funds Raised So Far: $31M Staking APY: 38% Transactions are processed through an off chain execution layer before settling on the Bitcoin BTC $77 702 24h volatility: 1.4% Market cap: $1.55 T Vol. 24h: $79.12 B network, aiming to balance efficiency with finality.

The ecosystem is powered by its native token, HYPER, which is used for transaction fees, staking, and access to network features. HYPER token is currently priced at $0.013675. Check out our guide on how to buy Bitcoin Hyper if you want to join the presale.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Market News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn

Strategy suggests it bought Bitcoin during the latest market dip. The firm continues its aggressive plan to accumulate BTC in its treasury. Institutional dip-buying signals long-term confidence in Bitcoin. MicroStrategy, now operating under the name Strategy, hinted that it purchased more Bitcoin after a sharp weekend market crash. The signal came through executive commentary and social media cues that closely followed Bitcoin’s rapid price drop. This is in line with the company’s strategy of purchasing during volatile periods instead of waiting for stable periods.

Market observers followed this news together with updates on Bitcoin price analysis and the overall crypto market crash, which indicated intense liquidations and panic selling. While retail investors sold due to panic, Strategy seemed to take swift action.

Dip-Buying Fits Treasury Playbook Strategy has established one of the biggest corporate Bitcoin treasuries globally. The company holds BTC as a long-term store of value rather than a short-term trade. Every market downturn offers a chance to accumulate through its strategy.

The company’s leadership often expresses its belief in the scarcity and strength of Bitcoin’s network. Rather than looking at short-term value loss, the company focuses on preserving long-term purchasing power. This outlook is different from the usual corporate cash management approach.

Institutional Confidence Sends Signal When large firms buy during downturns, markets notice. Institutional participation adds credibility to Bitcoin’s narrative as a strategic asset. Analysts at outlets like CNBC and Bloomberg frequently point to corporate treasury strategies as a sign that digital assets move deeper into mainstream finance.

Strategy’s consistent approach reduces uncertainty about its intentions. Investors now expect the company to increase holdings during dips rather than retreat.

Volatility Creates Opportunity Weekend crashes tend to amplify fear, especially due to lower liquidity. Sudden price movements cause stop-losses and margin calls, which further fuel the downward spiral. Long-term investors may perceive such phases as ideal entry opportunities.

The strategy’s timing implies that it keeps a close eye on liquidity levels. By entering at the point of maximum stress, the company might be able to average better prices than it would on less stressful trading days.

What This Means for Bitcoin Corporate accumulation helps tell the long-term adoption narrative for Bitcoin. Although short-term price movements remain unpredictable, institutional purchases continue to create structural demand. This trend could mitigate the effects of future crashes in the long run.

The strategy’s action further cements a larger trend. Companies with conviction continue to build their exposure to the market, despite price volatility.

Highlighted Crypto News:
CZ Pushes Back on Claims Linking Binance to Historic Crypto Liquidation Event

TLDR The crypto market dropped 2.77%, with a total market cap of $2.58 trillion amid a macro-driven sell-off. Bitcoin, Ethereum, and BNB saw weekly losses of over 12%, 22%, and 13%, respectively. XRP, SOL, DOGE, ADA, and TRX extended declines, with Cardano down 17.13% weekly. The Fear and Greed Index at 15 indicates extreme fear and low investor confidence. The Altcoin Season Index at 31 signals weaker altcoin momentum and a Bitcoin-dominant trend. The crypto market is down by 2.77% today, with the total market cap at $2.58T amid a sharp macro-driven sell-off. This decline tracks the hawkish nomination of Kevin Warsh as the next Fed Chair, which has tightened liquidity expectations. The selloff coincides with a 61% correlation to gold, showing a shared sensitivity to rising rates. The crypto market today recorded over $152 billion in 24-hour trading volume, with major assets showing broad price corrections.

Bitcoin, Ethereum, and BNB Prices Fall as Downtrend Holds Bitcoin traded at $76,817.33, down 2.36% in 24 hours and 12.43% over the past week. Its hourly change remained flat, up by 0.07%, reflecting limited intraday momentum. Ethereum reached $2,243.45, posting a 7.02% decline over 24 hours and a weekly drop of 22.59%.

Source: CoinMarketCap Despite this, Ethereum saw a slight 0.20% gain within the last hour. This suggests the token attempted a short recovery during intraday trading in the crypto market today. BNB traded at $756.96 after a 2.73% daily decline and a 13.15% loss over seven days. The token’s 0.55% hourly gain provided brief support following sustained selling pressure.

XRP, SOL, DOGE, ADA, TRX Extend Weekly Losses XRP dropped 4.34% in 24 hours to $1.59 and has now lost 15.62% across the week. Solana fell to $101.66, recording a 3.55% daily drop and a steeper 16.91% loss over seven days. The token posted a marginal 0.16% hourly gain as the crypto market today remained in correction mode.

TRON traded at $0.2838 after losing 0.87% in 24 hours and 4.05% over the week. Dogecoin traded at $0.1036, down 2.07% over the last 24 hours and 14.71% over the past week.

A 0.25% hourly uptick appeared insufficient to reverse losses across the meme coin sector. Cardano traded at $0.2882, down 2.71% daily and 17.13% weekly, despite gaining 1.34% in the past hour.

Crypto Market Fear Sends CMC20 and Altcoins Lower CoinMarketCap’s CMC20 Index dropped 3.47% daily and 14.26% over the week and is now priced at $156.88. It gained only 0.22% over the past hour. The crypto market today recorded widespread losses across top assets.

Short-term gains in hourly trends failed to offset the broader downward pressure seen throughout the market. The Fear and Greed Index sits at 15, signaling extreme fear across the market.

The Altcoin Season Index stands at 31, placing the market in Bitcoin season rather than altcoin-led trends. This shows weaker momentum in altcoins versus Bitcoin during the downturn.

Ethereum may be down, but it's not out. It could soar almost 50% based on two key catalysts.

Popular cryptocurrency Ethereum (ETH 5.79%) may be trading significantly below its all-time high from August 2025, but there's good reason to think that it could be headed for a major breakout this year.

Within the next six months, Ethereum could soar to a price of $4,000 or higher. That's a blistering gain of almost 50% based on today's prices. Here's a closer look at the two powerful catalysts leading the way.

Regulatory clarity It's impossible to overstate how important regulatory clarity is for the crypto market. It's what leads to faster institutional adoption of crypto, and it's what leads to greater transaction activity on popular blockchain networks. In other words, if market participants know the rules of the road (even if they don't agree with them), it's a huge positive for the crypto market.

That's why I'm keeping my eye on one key piece of crypto legislation that is likely going to be signed into law this summer: the aptly named Digital Asset Market Clarity Act (Clarity Act). This new piece of legislation attempts to establish a clear regulatory framework for the crypto market. It will close existing loopholes, outline the roles of different regulators, define key concepts, and specify how digital assets can be traded.

Image source: Getty Images.

If there's one cryptocurrency that's poised to benefit the most from this new crypto legislation, it's Ethereum. As a Layer 1 blockchain network, it's exposed to every nook and cranny of the blockchain world. And it plays an especially important role in the world of decentralized finance (DeFi), which is one of the key areas affected by the Clarity Act.

In theory, passage of the Clarity Act should open the floodgates for more activity on the Ethereum blockchain. And it should make it much easier for financial institutions and big institutional investors to get involved in the crypto market.

Overall, this new regulatory framework should be very bullish for Ethereum. I expect it to get the same type of lift that it did last summer, when Congress passed the Genius Act for stablecoins. That kicked off a remarkable summer rally for Ethereum that ended with it hitting a new all-time high of $4,954 in August.

The rise of asset tokenization Ethereum is also at the forefront of an important new trend in the financial world known as real-world asset (RWA) tokenization. That's a mouthful, but it simply refers to transforming traditional financial assets (such as stocks and bonds) into digital assets that can be managed and traded on a blockchain.

Right now, Ethereum is the clear leader when it comes to asset tokenization. No other blockchain comes close. So when big Wall Street institutions look to tokenize assets, they turn to Ethereum first. Case in point: when BlackRock (BLK 0.78%) launched its first-ever tokenized fund back in 2024, it chose Ethereum.

Asset tokenization could be a boon for Ethereum. According to top consulting firms, it could be a multitrillion-dollar market opportunity by 2030. If Ethereum maintains its dominant role in DeFi, it's hard to imagine a scenario in which it does not benefit from the meteoric rise of asset tokenization.

According to Wall Street strategist Tom Lee of Fundstrat, asset tokenization is the type of once-in-a-lifetime event that can forever change the global financial system. He compares it to the U.S. decision back in 1971 to go off the gold standard. That's how big a seismic shift asset tokenization could be. In fact, says Lee, it could lead to Ethereum skyrocketing in price to $62,000 or higher.

How high can Ethereum soar in 2026? Of course, when it comes to Ethereum or any crypto, there are no guarantees. There's simply too much risk and volatility. Complicating matters even further, Ethereum has plenty of competitors nipping at its heels.

Today's Change

(

-5.79

%) $

-140.48

Current Price

$

2286.27

It is possible to use data from prediction markets to model the possible price trajectory of Ethereum this year. On the Polymarket prediction market platform, traders recently gave Ethereum a 57% chance of hitting $4,000 this year, a 41% chance of hitting $4,500, and a 29% chance of hitting $5,000. This suggests that traders are relatively bullish on Ethereum this year.

The month that I've circled on my calendar is July 2026. That's when I expect Congress to be putting the finishing touches on the Clarity Act. When that happens, the price of Ethereum could be a coiled spring just waiting to pop. Given that Ethereum has a roughly 1-in-2 chance of soaring by 40% or more this year, the time to buy is now.

Ripple received final approval from Luxembourg’s financial regulator on Monday for a full Electronic Money Institution license, converting a preliminary approval granted on Jan. 14.

The authorization allows the company to scale its payments and digital asset services across the European Union, the San Francisco-based financial technology firm said in a statement. 

The license, granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), provides Ripple with a regulated gateway to offer its blockchain-based payment services to European businesses.

"Europe has always been a strategic priority for us, and this authorization allows us to scale our mission of providing robust, compliant blockchain infrastructure to clients across the EU," Cassie Craddock, Managing Director, UK & Europe at Ripple, said in the statement. "We are now better positioned than ever to help European businesses transition into a more efficient, digital-first financial era."

Ripple expands regulatory footprint  The Luxembourg approval follows Ripple’s recent regulatory progress in the United Kingdom. Last month, the UK’s Financial Conduct Authority granted Ripple both an EMI license and a crypto asset registration. That approval allows Ripple to expand its platform in the UK as the government advances plans to introduce a comprehensive regulatory framework for crypto assets by 2027.

Ripple’s license portfolio now exceeds 75 global approvals, according to the company. This collection of regulatory permissions supports the firm's efforts to provide infrastructure for financial institutions moving from legacy systems to digital asset technology.

In a separate expansion of its product suite, Ripple launched Ripple Treasury last week — a corporate treasury platform resulting from its $1 billion acquisition of GTreasury in Oct. 2025. The platform integrates cash and digital asset management, enabling functions like cross-border settlements using Ripple’s RLUSD stablecoin.

The company also entered a multi-year strategic partnership with LMAX Group last month, which includes a $150 million financing commitment from Ripple. The deal will see LMAX integrate RLUSD as collateral across its institutional trading venues for products including spot crypto and derivatives.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Justin Sun swoops to buy $100 million of bitcoin as rest of the market bleedsJustin Sun plans to add between $50 million and $100 million worth of bitcoin (BTC) to the blockchain's holdings, the Tron founder told CoinDesk. Feb 2, 2026, 10:17 a.m.

Justin Sun plans to add between $50 million and $100 million worth of bitcoin BTC$76,540.50 to the blockchain's holdings, the Tron founder told CoinDesk.

Bitcoin fell as low as $74,674 during the Asian morning on Monday, its lowest point since last April with BTC now having lost 21% of its value since Jan. 15.

STORY CONTINUES BELOW

It would mark as astute purchase in comparison to the hoards of digital asset treasury (DAT) companies that raised money to purchase crypto at record highs last year, many of which are now facing losses of more than 30% on their holdings, according to bitcointreasuries.

Binance also announced that it would purchase $1 billion worth of bitcoin at the tail end of last week with the funds being allocated to the exchange's user protection fund.

TRX$0.2830 is currently trading at $0.284 having outperformed bitcoin in recent months, it remains above its December low of $0.27 and in a macro sense remains in an uptrend since late 2022.

Meanwhile, MYX has notched an impressive daily surge.

Bitcoin’s price actions only worsened after the Saturday crash on Monday morning as the asset charted a fresh multi-month low of just over $74,000.

The altcoins bled out heavily as well once again, with ETH being one of the poorest performers lately. XMR is also down by a substantial percentage in the past 24 hours.

BTC Rebounds From Local Lows It was less than a week ago, last Wednesday, when the primary cryptocurrency challenged the $90,000 resistance. However, whether it was the Fed’s decision to stop cutting the interest rates, or the quickly rising tension in the Middle East, the asset failed to break through and began a prolonged correction.

At first, it crashed to $81,000 on Thursday. The bulls staged a minor rebound on Friday to $84,000, but they lost control of the market on Saturday afternoon when BTC nosedived once again.

This time, the cryptocurrency plummeted to under $76,000 for the first time since April last year, leaving over $2.5 billion in liquidations. After an unsuccessful recovery attempt on Sunday, bitcoin slumped once again on Monday morning to $74,400. This meant that it had lost over $15,000 in just several days.

It has recovered some ground since then and now sits close to $78,000 amid what’s expected to be another volatile week. Its market cap struggles at $1.550 trillion, while its dominance over the alts is at just over 57.5% on CG.

BTCUSDU Feb 2. Source: TradingView Alts That Bled Out Ethereum was hit hard over the past several days. It stood above $3,000 last Wednesday but dumped toward $2,100 earlier today. Despite recovering to almost $2,300 now, it’s still 5.5% own on the day. XMR is the other notable daily loser, down to $400.

XRP, BNB, SOL, DOGE, ADA, BC, LINK, and XLM are also well in the red daily, while Pi Network’s native token tapped another all-time low hours ago. In contrast, MYX has soared by 13.5%, followed by 10% surge from M.

The total crypto market cap went down by $300 billion since Saturday and $500 billion since last Wednesday to $2.650 trillion.

Cryptocurrency Market Overview Daily Feb 2. Source: QuantifyCrypto