Market Signal Briefing

Deluxe (DLX - Free Report) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +15.21%. A quarter ago, it was expected that this payments and data company would post earnings of $0.92 per share when it actually produced earnings of $1.09, delivering a surprise of +18.48%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Deluxe, which belongs to the Zacks Business - Office Products industry, posted revenues of $535.3 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.33%. This compares to year-ago revenues of $520.5 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Deluxe shares have added about 9.3% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Deluxe?While Deluxe has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Deluxe was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $526.4 million in revenues for the coming quarter and $3.70 on $2.13 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Office Products is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, HNI (HNI - Free Report) , is yet to report results for the quarter ended December 2025.

This maker of office furniture and fireplaces is expected to post quarterly earnings of $0.91 per share in its upcoming report, which represents a year-over-year change of +4.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

HNI's revenues are expected to be $693.15 million, up 7.9% from the year-ago quarter.

Howmet (HWM - Free Report) closed the most recent trading day at $210.84, moving -2.18% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.01%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 0.17%.

Prior to today's trading, shares of the maker of engineered products for the aerospace and other industries had gained 3.71% lagged the Aerospace sector's gain of 5.69% and outpaced the S&P 500's gain of 0.78%.

Market participants will be closely following the financial results of Howmet in its upcoming release. The company plans to announce its earnings on February 12, 2026. It is anticipated that the company will report an EPS of $0.97, marking a 31.08% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $2.14 billion, showing a 13.22% escalation compared to the year-ago quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.69 per share and revenue of $8.21 billion. These totals would mark changes of +37.17% and 0%, respectively, from last year.

Any recent changes to analyst estimates for Howmet should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.47% higher. Howmet presently features a Zacks Rank of #3 (Hold).

Looking at its valuation, Howmet is holding a Forward P/E ratio of 48.6. For comparison, its industry has an average Forward P/E of 26.32, which means Howmet is trading at a premium to the group.

We can also see that HWM currently has a PEG ratio of 2.04. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Aerospace - Defense industry stood at 1.94 at the close of the market yesterday.

The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 83, this industry ranks in the top 34% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Wednesday, January 28th, 2026

It’s a very newsworthy day on Wall Street today, with the biggest amount of consequential earnings reports — including three of the “Mag 7” — joining the latest FOMC meeting, where the Fed decided to keep rates steady as expected. Market indexes were flattish ahead of the Fed news, and closed without changing much: the Dow +0.025%, the S&P 500 -0.01%, the Nasdaq +0.17% and the small-cap Russell 2000 -0.49%.

Notes on Today’s Fed Decision & Powell Presser
As expected, the Federal Open Market Committee (FOMC) decided not to move on Fed funds rate levels from the 3.50-3.75% range today. This follows three straight cuts of 25 basis points (bps) which helped bring the rate down 175 bps from near-term highs last seen in September 2024. There were again two dissenters, Fed Governors Stephen Miran and Chris Waller — that latter of whom has made the short list to replace Fed Chair Jerome Powell at the end of his term in May.

That said, the dissenting votes were both for 25 bps, the first time Miran has not voted for a 50 bps cut since he joined the Fed last September. The Fed said the economy has “expanded at a solid pace” and is “coming into 2026 on firm footing.” Unemployment shows “some signs of stabilization” and inflation remains “somewhat elevated.” Thus, the monetary policy agency see both of its objectives within reasonable ranges, and ultimately found not enough compelling reason to cut rates further. The next FOMC meeting takes place March 17-18.

In Chair Powell’s press conference following the Fed statement, he did not answer questions regarding charges pending against him from the Dept. of Justice (really the White House, which has been putting pressure on Powell & Co. to cut rates since President Trump moved back into the residence a year ago), instead referring to his public statement on January 11th, where he pointed at the administration and its pressure campaign as the reason for the lawsuit.

Mag 7 Earnings Extravaganza: MSFT, META, TSLA
Microsoft (MSFT - Free Report) shares slid initially on a complex report which included beats on both top and bottom lines. Earnings of $4.14 per share easily strode past the $3.88 Zacks consensus on $81.27 billion in revenues, outpacing expectations of $80.23 billion and the $69.63 billion reported a year ago. The software giant and AI hyperscaler releases guidance numbers on the upcoming conference call.

Its cloud business, Azure, brought in $39.0 billion in the quarter, slightly below the $39.4 billion consensus, but the big news following the report’s release concerns the Remaining Performance Obligations (RPO) in its AI space, which have ballooned up +110% to $625 billion, 45% of which are directly related to Microsoft’s exposure to OpenAI. Back in October, Microsoft spent $135 billion for a 27% stake in OpenAI.

Capital expenditures rose +66% in the quarter to $37.5 billion, and commercial cloud revenue — based on Microsoft’s Copilot AI service — gained +17% in the quarter. It will be some time before the market digests this massive RPO situation, but suffice it to say Microsoft is “all in” on the AI market. Shares are trading down -4% in the after-market.

Meta Platforms (META - Free Report) trotted out its own report of humongous numbers, with firm outperformances on both top and bottom lines — earnings of $8.88 per share on revenues of $59.89 billion surpassed the $8.21 per share and $59.59 billion estimates, respectively — and a strong raise to current-quarter revenue guidance. Based on Meta’s massive continued investment in the AI space, the company now sees capex for fiscal 2026 coming in at $115-135 billion, from $110 billion projected earlier. Shares are up +5% in late trading.

Tesla (TSLA - Free Report) posted mixed results in its Q4 report after today’s market close, with earnings of 50 cents per share outperforming estimates by a solid nickel while revenues of $24.90 billion was off the $25.14 billion anticipated. Both items are still well off the pace of a year ago. That said, the company says its new Cybercab is on-track for 2026 production. Shares of Tesla are +3% on the news, still -1% year to date.

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Adtalem Global Education Inc. (ATGE) Q2 2026 Earnings Call January 28, 2026 5:00 PM EST

Company Participants

Jonathan Spitzer - Vice President of Investor Relations
Stephen Beard - CEO & Chairman
Robert Phelan - Senior VP & CFO

Conference Call Participants

Jeffrey Silber - BMO Capital Markets Equity Research
Jack Slevin - Jefferies LLC, Research Division

Presentation

Operator

Greetings, and welcome to the Adtalem Global Education Second Quarter 2026 Earnings. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jay Spitzer, VP of IR. Thank you, Jay. You may begin.

Jonathan Spitzer
Vice President of Investor Relations

Good afternoon, and welcome to our earnings call for the second quarter fiscal year 2026 results. On the call with me today are Steve Beard, Chairman and Chief Executive Officer of Adtalem Global Education; and Bob Phelan, Chief Financial Officer. Before I hand you over to Steve, I will, as usual, take you through legal safe harbor and cautionary declarations.

Certain statements and projections of future results made in this presentation constitute as forward-looking statements that are based on current market, competitive and regulatory expectations and are subject to risks and uncertainties that could cause actual results to vary materially. We undertake no obligation to update publicly any forward-looking statement after this presentation, whether a result of new information, future events, changes in assumptions or otherwise. Please see our latest Form 10-K and Form 10-Q for discussions of risk factors as it relate to forward-looking statements.

In today's presentation, we have certain non-GAAP financial measures, and we refer you to the appendix of the presentation materials available on our Investor Relations website for reconciliations to the most directly comparable GAAP financial measures and related information. You will find a link to the webcast on our Investor Relations

Perseus Mining Limited (PMNXF) Q2 2026 Earnings Call January 28, 2026 5:00 PM EST

Company Participants

Craig Jones - MD, CEO & Director
Lee-Anne de Bruin - Chief Financial Officer

Conference Call Participants

Richard Knights - Barrenjoey Markets Pty Limited, Research Division
Levi Spry - UBS Investment Bank, Research Division

Presentation

Operator

Good morning, and welcome to the Perseus Mining Investor Webinar and Conference Call. [Operator Instructions]

I'll now hand over to Perseus Mining, Managing Director and CEO, Craig Jones. Thank you, Craig.

Craig Jones
MD, CEO & Director

Yes. Thanks, Nathan, and welcome to the Perseus Mining quarterly webinar to discuss our December quarterly report. And I'm joined here today with Lee-Anne, our CFO.

Let me start by acknowledging the tragic loss of two employees of our haulage contractor, Binkadi, who work at our Bagoé mine, and they are involved in a tragic off-site vehicle accident 2 weeks ago. These deaths have been incredibly sad for the team at Perseus and particularly our Sissingué operations, and we've been supporting the families of both individuals, as well as the entire team at Sissingué since the accident incurred and will continue to do so in this very difficult time.

We've commenced an internal investigation into the accident and cooperating fully with the relevant Ivorian authorities to ensure appropriate processes a following. Nothing is more important to Perseus than the safety and well-being of the people that work for us and with us. And this remains our highest priority across the group.

We are committed to the rigorous application and oversight of our safety systems and to ensuring that all employees and contractors carry their work in a safe and responsible manner. This tragic loss reinforces the need for constant vigilance in all aspects of our work, including travel associated with remote operations.

Adtalem Global Education (ATGE - Free Report) came out with quarterly earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +11.21%. A quarter ago, it was expected that this for-profit education company would post earnings of $1.57 per share when it actually produced earnings of $1.75, delivering a surprise of +11.46%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Adtalem, which belongs to the Zacks Schools industry, posted revenues of $503.39 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.17%. This compares to year-ago revenues of $447.73 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Adtalem shares have added about 11.4% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Adtalem?While Adtalem has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Adtalem was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.09 on $488.26 million in revenues for the coming quarter and $7.85 on $1.92 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Schools is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Nerdy Inc. (NRDY - Free Report) , has yet to report results for the quarter ended December 2025.

This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of +33.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Nerdy Inc.'s revenues are expected to be $45.71 million, down 4.8% from the year-ago quarter.

AI-focused cloud stocks Arista Networks (ANET - Free Report)  and CoreWeave (CRWV - Free Report)  have been on a tremendous rally again as investors rotate back into AI infrastructure plays with major chipmakers — especially Nvidia (NVDA - Free Report) ) — signaling stronger long-term demand for data center capacity.

After being hit hard during the late-year AI bubble scare at the end of 2025, CoreWeave shares have spiked +40% in the last month, seeing a sharp reversal and an extended rebound following the announcement of a new partnership with Nvidia.  

Meanwhile, the +10% monthly move in Arista’s stock has also placed it among the better performers in 2026 so far.

It’s worth noting that some of Arista’s biggest AI-cloud partnerships include deep technical collaborations with privately held AI-infrastructure and data-platform company VAST Data and Nvidia as well, on top of having other broad integrations across hyperscale cloud and AI-cluster environments.

Image Source: Zacks Investment Research

Broader Market Rotation Back Into AI InfrastructureAs investors digest economic data and look past short-term volatility, money is flowing back into companies tied to the physical backbone of AI: GPUs, cloud capacity, and networking.                                                                                                                                                                                                       Being a prime example, CoreWeave’s trading volume has surged 55% above its three-month average, seeing heavy market activity throughout January and signaling renewed institutional interest.                                                                                                                                                                                                                                                                                                                        
Image Source: TradingView

CoreWeave’s Boost from NvidiaNvidia’s total investment in CoreWeave now stands at roughly $2.1 billion, combining its original $100 million stake with a new $2 billion equity infusion to help build large-scale AI “factories” with 5+ gigawatts of capacity by 2030.

This move places Nvidia as CoreWeave’s second-largest shareholder and signaled the chip giant’s commitment to scaling AI compute capacity through specialized cloud partners. CoreWeave serves as one of Nvidia’s most important AI-cloud partners, providing massive GPU-accelerated compute capacity by deploying Nvidia’s newest architectures and helping Nvidia scale its “AI factory” strategy in the process.

Like Arista Networks, CoreWeave helps enterprises run demanding AI workloads efficiently and at scale, and it does so by building its cloud entirely on Nvidia’s full stack. The partnership is deep and highly strategic, with CoreWeave acting as both a customer and an operational extension of Nvidia’s AI-infrastructure ambitions.

Investors now see CoreWeave’s AI-specific cloud servers and triple-digit revenue growth as signs of durable demand. Going public in March of last year, CoreWeave has released three quarterly reports so far, with Q3 EPS coming in at an adjusted loss of $0.08 a share on sales of $1.36 billion.

CoreWeave will be reporting Q4 results on Monday, February 9, with FY25 EPS now expected at an adjusted loss of $1.31, although annual sales are projected to increase 168% to $5.1 billion compared to the $1.9 billion the company reported in 2024.

Arista is Still Riding the AI Networking WaveArista’s 400G/800G high-speed switches have become go-to hardware for hyperscalers and AI-data-center builders. This AI-networking leadership is also a major reason ANET is starting to spike again, as Arista has been a core beneficiary of the AI infrastructure boom.

To that point, Arista’s AI cloud partnerships with Nvidia and VAST Data are focused on high-bandwidth, low-latency networking essential for training and running large AI models. Furthermore, AI-driven data-center networking remains extremely strong, with Arista posting robust revenue growth tied to hyperscale and AI infrastructure buildouts.

Known to serve major hyperscalers such as Microsoft (MSFT - Free Report)  and Meta Platforms (META - Free Report) , Arista most recently reported a 27% and 25% increase in Q3 revenue ($2.3 billion) and EPS ($0.75), respectively.

Arista is scheduled to report Q4 results on Thursday, February 12, with FY25 sales and EPS now expected to be up nearly 27%, respectively, at $8.87 billion and $2.88 per share.

Conclusion & Final ThoughtsCoreWeave continues to get passes thrown from Nvidia, which is very intriguing in regard to credibility and the likelihood that it will be able to finish these plays in terms of eventual profitability.

The resurging hype in Arista Networks stock, on the other hand, is more grounded in diversification outside of Nvidia and financial fundamentals, including strong EPS growth and a somewhat lofty but trackable forward earnings multiple of 44X.

For now, Arista Networks stock sports a Zacks Rank #2 (Buy) with CoreWeave shares landing a Zacks Rank #3 (Hold).  

LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Informa Markets' The International Surface Event (tise), the largest annual resource for the flooring, stone and tile industries, today announces the winners of the annual “What’s Hot – Best of tise 2026 Awards”. The awards are sponsored by Floor Covering News and Stone World.

tise is the ultimate gathering to discover new products at the peak of the year's buying cycle, making it the go-to destination for industry professionals. As the epicenter for innovation and discovery, tise features traditional and cutting-edge products alongside dedicated pavilions showcasing flooring, stone, tile, machinery, and installation products. More than 650 brands span 155+ product categories on the show floor.

The "What's Hot - Best of tise" awards honor the standout products, services and solutions that contribute to the advancement of the industry through efficiency, creativity, safety, and innovation.

“The products featured in the awards program were selected because they consistently raise the bar and set new standards for innovation and excellence,” shares Amie Gilmore, Show Director of The International Surface Event (tise). “These companies embody the spirit of progress, delivering cutting-edge solutions that will inspire and redefine industry benchmarks."

Winners in the Surfaces category:

Style & Design: Karastan

Technology: Rara AI

Innovation: Mohawk

Sustainability: Nox

Disruption: Mohawk

Carpet: Couristan

Wood: AHF

Laminate: Stanton

Resilient: Mannington

Best Large Booth: AHF

Best Small Booth: Cali

Winners in the Tile + Stone category:

Style & Design: Cambria

Technology: Aardwolf

Innovation: GranQuartz

Sustainability: Full Circle Water

Disruption: Thryve

Best Small Booth: Wilson Industrial Electric

Best Large Booth: Full Circle Water

Tile: Arizona Tile

Stone: Vermont Quarries

The awards will return to tise next year from February 2-4, 2026. To stay up to date on the latest details on how to submit for "What's Hot - Best of tise" 2027 please visit www.intlsurfaceevent.com.

About tise - The International Surface Event
tise - The International Surface Event is a prestigious gathering that unites retailers, flooring distributors, contractors, fabricators, installers, architects, and designers within the flooring, stone and tile industries. It serves as a platform for curated product showcases, informative seminars, networking opportunities, and hands-on experiences, all centered on innovation and education. Attendees are invited to explore the latest products, technologies, and design solutions while connecting with industry experts and peers to drive business success and stay ahead in a competitive market.

For more information about tise - The International Surface Event visit www.intlsurfaceevent.com. Follow tise - The International Surface Event on LinkedIn, Facebook, Instagram, X and YouTube.

About Informa Markets
Informa Markets, a subsidiary of Informa plc (LON:INF), creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio comprises more than 550 international B2B events and brands in markets including Engineering, Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world's leading exhibitions organizer, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, visit www.informamarkets.com.

Media Contact
Informa Markets Infrastructure and Construction PR
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/49686def-23df-420a-8ce4-da28aa57e7e6

Annaly Capital Management (NLY - Free Report) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.25%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.72 per share when it actually produced earnings of $0.73, delivering a surprise of +1.39%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Annaly, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $366.58 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 21.84%. This compares to year-ago revenues of $187.29 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Annaly shares have added about 8.9% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Annaly?While Annaly has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Annaly was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.75 on $472 million in revenues for the coming quarter and $2.92 on $1.9 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Arbor Realty Trust (ABR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025.

This real estate investment trust is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of -47.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Arbor Realty Trust's revenues are expected to be $221.71 million, down 15.7% from the year-ago quarter.

NEOS Nasdaq-100® Hedged Equity Income ETF is a fund that uses covered calls and other options to generate a 9% yield from the NASDAQ-100, an index that yields only 0.45%. The fund employs a put spread collar strategy, balancing premium income generation with capped upside—well-suited for today's frothy market. Current NASDAQ-100 constituents are high-quality and (for the most part) growing quickly. But at 40 times earnings, much of their future growth is being paid for.

HomeETFs and Funds AnalysisETF Analysis

SummaryARK Genomic Revolution ETF (ARKG) maintains a "Buy" rating, driven by strong technicals and momentum despite a premium valuation.ARKG has outperformed XLV and SPY over the past year, returning 23% since July and beating the S&P 500 by 12 percentage points.The ETF’s concentrated, small-cap, high-risk portfolio is supported by rising AUM, robust liquidity, and a bullish technical breakout.Upside potential targets $42 if ARKG breaks above $35, with current support near $29 and seasonally softer returns expected February–May. Solskin/DigitalVision via Getty Images

Healthcare stocks have come on strong since last August. What's more, low-quality, high-risk biotech names have helped support the global equity rally ever since the low last April. Cathie Wood’s ARK Genomic Revolution ETF (ARKG) has, not surprisingly, outperformed both the

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the fourth quarter and full year ended December 31, 2025, on Thursday, February 26, 2026, before the market opens. The Company will host an earnings conference call and public webcast at 10:00 AM Eastern Time the same day to discuss its financial results.

All interested parties may participate in the conference call by dialing (866)-605-1826 approximately 10-15 minutes prior to the call; international callers should dial +1 (215)-268-9877. Participants should reference Nuveen Churchill Direct Lending Corp. when prompted.

A live webcast of the conference call will also be available on the Events section of the Company's website at www.ncdl.com. A replay will be available on the Events section of the Company’s website following the conclusion of the conference call.

About Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp. (“NCDL”) is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. NCDL has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. NCDL is externally managed by its investment adviser, Churchill DLC Advisor LLC, and by its sub-adviser, Churchill Asset Management LLC ("Churchill"). Both the investment adviser and sub-adviser are affiliates and subsidiaries of Nuveen, LLC (“Nuveen”) the investment management division of Teachers Insurance and Annuity Association of America (“TIAA”) and one of the largest asset managers globally. Churchill is a leading capital provider for private equity-backed middle market companies and operates as the exclusive U.S. middle market direct lending and private capital business of Nuveen and TIAA. Churchill is a registered investment advisor and majority-owned, indirect subsidiary of TIAA.

Forward-Looking Statements
This press release contains historical information and “forward-looking statements” with respect to the business and investments of NCDL, including, but not limited to, statements about NCDL’s future performance and financial performance and financial condition, which involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about us, our current and prospective portfolio investments, our industry, our beliefs, and our assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond NCDL’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in NCDL’s filings with the Securities and Exchange Commission, including changes in the financial, capital, and lending markets; changes in the interest rate environment and its impact on NCDL's business, its financial condition and its portfolio companies; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policy, and its impact on NCDL's portfolio companies and the general economy; general economic, political and industry trends and other external factors; the dependence of NCDL’s future success on the general economy and its impact on the industries in which it invests; and other risks, uncertainties and other factors we identify in the section entitled “Risk Factors” in NCDL’s most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, which are accessible on the SEC’s website at www.sec.gov. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which NCDL makes them. NCDL does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

5166700

More News From Nuveen Churchill Direct Lending Corp.

SAN FRANCISCO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- National shareholder rights firm Hagens Berman is notifying Ardent Health, Inc. (NYSE: ARDT) investors that a securities class action lawsuit has been filed against the company and certain of its executives following the company’s disastrous Q3 2025 financial results.

Hagens Berman is investigating the alleged claims that Ardent misled investors about its revenue recognition systems and the adequacy of its professional liability reserves. The firm urges investors who purchased Ardent securities between July 18, 2024 and November 12, 2025 and suffered substantial losses to contact the firm now.

[CLICK HERE TO SUBMIT YOUR ARDT LOSSES]

View our latest video summary of the allegations: www.youtube.com/watch?v=ucqsF9PZIEA

Class Period: July 18, 2024 – Nov. 12, 2025
Lead Plaintiff Deadline: Mar. 9, 2026
Visit: www.hbsslaw.com/investor-fraud/ardt
Contact the Firm Now: [email protected] | 844-916-0895

The ARDT Securities Class Action & Its Allegations:

The complaint alleges that for over a year Ardent assured investors that it engaged in an active monitoring process that included “detailed reviews of historical collections” and that “[o]ur collection procedures are followed until such time that management determines the account is uncollectible, at which time the account is written off.”

The complaint alleges that these- and other- statements were misleading because Ardent did not primarily rely on detailed reviews of historical collections in determining accounts receivable collectability, but instead utilized a 180-day cliff at which time an account became fully reserved.

The truth allegedly emerged on November 12, 2025, when Ardent revealed that it transitioned to a new accounting method in Q3 2025 for estimating the collectability of accounts receivable, which forced it to slash revenue by $42.6 million to account for hindsight evaluations.

During the earnings call the next day, Ardent’s CFO revealed that, in apparent contrast to earlier assurances about the hindsight analysis, the company’s collectability framework “had utilized a 180-day cliff at which time an account became fully reserved” and that its new revenue accounting system “recognizes reserves earlier in an account’s life cycle[.]”

In addition to the revenue decrease, Ardent revealed that “[t]he increase in total operating expenses as a percentage of total revenue was […] driven by an increase in professional liability reserves of $47.2 million[.]”

The market reacted swiftly to this news and sent the price of Ardent shares tumbling $4.75 (-33%) lower the next day.

“We are looking into whether Ardent knew of problems with its revenue accounting system that masked payor denials,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the pending alleged claims.

If you’d like more information and answers to frequently asked questions about the Ardent Health case and our investigation, read more.

Whistleblowers: Persons with non-public information regarding Ardent Health should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:
Reed Kathrein, 844-916-0895

NEW YORK--(BUSINESS WIRE)--If you suffered a loss on your investment in Coupang, Inc. (“Coupang” or the “Company”) (NYSE:CPNG), contact Lauren Molinaro by email at [email protected], or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

Investors have until February 17, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of May 7, 2025 through December 16, 2025, inclusive (“the Class Period”). The lawsuit alleges that Coupang throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Coupang had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected; (2) this subjected Coupang to a materially heightened risk of regulatory and legal scrutiny; and (3) when defendants became aware that Coupang had been subjected to this data breach, they did not report it in a current report filing, to be filed with the U.S. Securities and Exchange Commission, in compliance with applicable reporting rules.

On November 29, 2025, Coupang reported that the personal information of 33.7 million customer accounts had been breached. On this news, the price of Coupang shares declined by $1.51 per share, or approximately 5.36%, from $28.16 per share on November 28, 2025 to close at $26.65 on December 1, 2025.

On December 10, 2025, The New York Times published an article entitled “C.E.O. Resigns in Fallout Over Massive South Korean Data Breach.” The article stated that the “head of the South Korean unit of the e-commerce company Coupang resigned on Wednesday, as the fallout from a data breach affecting nearly 34 million users of the online shopping site intensifies.” On this news, the price of Coupang shares declined by $0.87 per share, or approximately 3.23%, from $26.93 per share on December 9, 2025 to close at $26.06 on December 10, 2025.

On December 16, 2025, Coupang filed an 8-K acknowledging the breach and revealed that the Korean regulatory and law enforcement investigations uncovered that “a former employee may have obtained the name, phone number, delivery address, and email address associated with up to 33 million customer accounts, and certain order histories for a subset of the impacted accounts.” On this news, the price of Coupang shares declined by $0.47 per share, or approximately 2%, from $23.19 per share on December 16, 2025 to close at $22.72 on December 17, 2025.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired Coupang securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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

HomeEarnings AnalysisConsumer 

SummaryTesla, Inc. reported headline top and bottom line beats, with margins rising as deferred revenues dropped sequentially.Management didn't give too much in the way of a vehicle delivery forecast for 2026, as concerns swirl over demand issues.TSLA stock's valuation remains elevated, driven by investor focus on future robotaxi and humanoid robot opportunities. jetcityimage/iStock Editorial via Getty Images

After the bell on Wednesday, we received fourth-quarter results from Tesla, Inc. (TSLA). The electric vehicle giant had a disappointing sales year in 2025, as vehicle deliveries fell well short of initial guidance. As

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from a broker or financial adviser before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Starbucks CEO Brian Niccol must now use the coffee giant's private aircraft for all travel to enhance his security, a company spokesperson confirmed to FOX Business. 

The Seattle-based company said an independent security review identified "credible" risks to Niccol that warrant enhanced protection, pointing to his high-profile position, increased media exposure and the broader threat environment, according to a Monday regulatory filing.

"Given Mr. Niccol’s CEO role, the enhanced media attention to which Mr. Niccol and Starbucks are subject, and the current threat landscape, the security study for Mr. Niccol also recommended that Mr. Niccol use private aviation for all air travel, whether for personal, commuting, or business purposes," the filing said.

Starbucks CEO Brian Niccol looks on during the Golden Bear Pro-Am prior to the Memorial Tournament presented by Workday 2025 at Muirfield Village Golf Club on May 28, 2025 in Dublin, Ohio.  (Michael Reaves/Getty Images)

STARBUCKS’ TURNAROUND PLAN SHOWS PROMISE IN US AS SALES GROWTH RETURNS FOR FIRST TIME IN 2 YEARS

Under Starbucks’ previous policy, Niccol's personal, non-commuting flights were limited to $250,000 annually. 

That restriction remained in place until September 2025, when the board approved a new framework removing the cap. Niccol's personal use of the company aircraft will now be subject to a quarterly review process, according to the spokesperson. 

No new spending limit has been put in place.

Ticker Security Last Change Change % SBUX STARBUCKS CORP. 95.16 -0.56 -0.59% "This change was driven by the security study’s recommendation that Mr. Niccol use the Company’s aircraft for all air travel, including personal air travel, and Starbucks current assessment of Mr. Niccol’s security situation and the threat landscape," the filing said.

STARBUCKS CEO CALLS AI ‘CO-PILOT,’ NOT REPLACEMENT FOR WORKERS AMID COMPANY TURNAROUND EFFORTS

People pass by a Starbucks coffee shop in Manhattan, New York, on Jan. 15, 2025.  (Mostafa Bassim/Anadolu via Getty Images)

The filing noted that if the board determines reimbursement is appropriate, Niccol would be required to repay Starbucks for the incremental costs associated with personal, non-commuting flights.

The review also recommended safety measures when Niccol travels to higher-risk destinations, including the use of a dedicated car and driver service in Seattle.

STARBUCKS APOLOGIZES AFTER BEARISTA CUP LAUNCH SPARKS CHAOS: ‘EXCEEDED EVEN OUR BIGGEST EXPECTATIONS’

The Starbucks logo hangs near the entrance to a Starbucks coffee shop in Aspen, Colorado.  (Robert Alexander/Getty Images)

Niccol, who became CEO of Starbucks on Sept. 9, 2024, received approximately $31 million in compensation last year, according to the filing.

CLICK HERE TO GET FOX BUSINESS ON THE GO

The spokesperson noted that Niccol spends the majority of his time visiting Starbucks coffeehouses across the U.S. and internationally, as well as working in Seattle, where he has both a home and an office.

Starbucks shares closed at $95.16 apiece and are up 13% year to date.

SAN FRANCISCO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against BellRing Brands, Inc. (NYSE: BRBR) and certain of its executives. The lawsuit follows BellRing’s disastrous May 6, 2025, Q2 2025 and August 4, 2025, Q3 2025 earnings reports, each of which drove the price of BellRing shares sharply lower.

The lawsuit seeks to represent investors who purchased or otherwise acquired BellRing securities between November 19, 2024 and August 4, 2025.

The recently filed lawsuit and severe market reactions during the Class Period have prompted national shareholders rights firm Hagens Berman to continue its investigation into claims that the Company violated the federal securities laws. The firm urges BellRing investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.

Class Period: Nov. 19, 2024 – Aug. 4, 2025
Lead Plaintiff Deadline: Mar. 23, 2026
Visit: www.hbsslaw.com/investor-fraud/brbr
Contact the Firm Now: [email protected] | 844-916-0895

BellRing Brands, Inc. (BRBR) Securities Class Action:

The lawsuit arises from BellRing’s alleged misrepresentations regarding the strength, sustainability, and drivers of its sales growth, as well as the impact of competition on demand for its products.

The complaint alleges that BellRing’s statements were materially false and misleading because the Company’s reported sales during the Class Period were mostly attributable to temporary inventory stockpiling by several key customers, concealing erosion of its market share amid intensifying competition.

The complaint further alleges that, contrary to BellRing’s statements, reported strong sales results and increased end-consumer demand but, rather, represented customers’ excess inventory accumulation to guard against product shortages. The lawsuit claims that once BellRing’s customers gained confidence that product shortages were over, they promptly reduced their inventory by selling through their overstocked inventory and reduced new orders.

Investors began to learn the truth beginning on May 5 and May 6, 2025 after BellRing reported disappointing Q2 2025 financial results and held its earnings call. Among other things, during the earnings call, the Company’s CFO revealed that during the quarter “several key retailers lowered their weeks of supply on hand[,]”a couple of retailers “were a little bit hoarding inventory to make sure they didn’t run out of stock on the shelf[,]” and “[w]e thought this could happen.” The CFO assured investors that “absolutely, no softness, no concern around consumption.”

This news sent the price of BellRing shares down $14.88 (-19%).

Then, after the market closed on August 4, 2025, BellRing reported Q3 2025 financial results revealing a disappointing narrowed sales outlook range rather than adjusting toward the high end. During the earnings call the following morning, the CFO blamed increasing competition and “consumption” had not outpaced “shipments.” But, one analyst expressed skepticism, pointing out “I might have expected consumption to be much higher given there was some destock in the third quarter.”

This news sent the price of BellRing shares down $17.46 (-33%).

“We’re investigating whether BellRing may have misled investors about the strength in consumer demand for RTDs and retail inventory levels,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in BellRing and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now.

If you’d like more information and answers to other frequently asked questions about the BellRing case and our investigation, read more.

Whistleblowers: Persons with non-public information regarding BellRing should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:
Reed Kathrein, 844-916-0895

Wednesday, 28 January 2026 06:05 PM

Topic: 

Earnings WASHINGTON, D.C. / ACCESS Newswire / January 28, 2026 / Washington, DC, National Capital Bancorp, Inc. (the "Company") (OTCID:NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank") reported net income of $1,659,000, or $1.44 per common share, for the three months ended December 31, 2025, compared to net income of $1,965,000 or $1.71 per common share, for the quarter ended December 31, 2024. For the year ended December 31, 2025, the Company reported net income of $7,033,000, or $6.12 per common share, compared to $6,381,000, or $5.55 per common share for the year ended December 31, 2024. Earnings per share, cash dividends per share and average shares outstanding have been adjusted to reflect the November 2024 4:1 stock split paid in the form of a stock dividend. The increase in year-to-date earnings was primarily attributable to higher net interest income driven by continued net interest margin expansion. While strong revenue growth and effective expense management aided financial performance for the fourth quarter of 2025, the quarter was negatively affected by an increase in provision for credit losses due to an increase in specific reserves on new and existing non-performing loans.

Total assets ended the quarter at $763,751,000 on December 31, 2025. Total loans of $541,878,000 on December 31, 2025, reflected an increase of $4.1 million during the quarter and an increase of $22.7 million (4.4%) over the past twelve months. Total deposits increased $34.7 million during the quarter to $678,192,000 on December 31, 2025, and have increased $50.0 million (8.0%) over the past twelve months. The Company has focused on balanced growth over the past year with deposit growth providing funding for new loan opportunities. As a result, the Company continues to experience a relatively low reliance on wholesale funding sources and maintains strong levels of cash and available secured borrowing capacity to meet the financing and cash flow needs of our client base as well as continuing to pursue desirable new relationship opportunities.

The Company's net interest margin of 3.55% during the fourth quarter of 2025 was down slightly compared with 3.60% in the third quarter of 2025 but was up nicely compared with 3.42% in the fourth quarter of 2024. The past two quarters reflect strong deposit growth including some higher cost deposits. However, our strong mix of core deposits has allowed the Company to maintain a more stable cost of funds and combined with a favorable shift in our asset mix, has resulted in the improved net interest margin compared with the prior year.

Total shareholders' equity increased to $67,657,000 on December 31, 2025, from $59,209,000 a year ago due primarily to the retained earnings for the past twelve months. For the year ended December 31, 2025, the return on average assets and return on average equity were 0.98% and 11.07%, respectively.

The Company experienced an increase in the level of non-performing loans to 2.55% of total loans on December 31, 2025, compared to 1.27% on September 30, 2025, and consisting primarily of four nonaccrual loans with two separate borrowers. Three of the loans are CRA-eligible multifamily loans, which participate in the DC Housing Voucher Program, while the fourth loan is a DC multifamily construction and development loan, which was put on nonaccrual during the quarter. All four loans have been individually evaluated for specific reserves using recent appraisals. The Company has recorded partial charge-offs on these loans of $1.4 million, including $972,000 in the fourth quarter of 2025. The allowance for credit losses to total loans was 1.21% on December 31, 2025, compared with 1.18% on December 31, 2024, while the net charge-off ratio was 0.26% for the full year of 2025. The Bank is working multiple paths to cost-effectively resolve these problem loans.

"Our 2025 results reflect a strong year of earnings growth and disciplined balance sheet management, delivering meaningful returns for our shareholders," said Jimmy Olevson, President and Chief Executive Officer to the Bank. "While the credit environment has become more complex, our team is prudently managing individual credits while working to maintain a conservative approach to reserves and capital. Relationship banking remains at the core of our strategy as we continue to support our clients and communities while focusing on our shareholders."

The Company also announced today that its Board of Directors has declared a dividend of $0.21 per share for shareholders of record as of February 12, 2026. The dividend payout of $241,714 on 1,151,020 shares is payable February 26, 2026.

In February 2025, the Board of Directors approved a share repurchase program of up to $600,000, allowing for purchases from time to time, in open market or private transactions with an expiration date of February 28, 2026. This program replaced the $300,000 share repurchase program approved in 2024. There were no share repurchases during the quarter ended December 31, 2025.

National Capital Bancorp, Inc. is the holding company for The National Capital Bank of Washington which was founded in 1889 and is Washington's Oldest Bank. NCB is headquartered on Capitol Hill with offices in the Friendship Heights community in Northwest D.C., the Courthouse/Clarendon community in Arlington, Virginia and the Fox Hill senior living community of Bethesda, Maryland. NCB also operates residential mortgage and commercial lending offices and a wealth management services division. NCB product and service offerings include personal and business deposit accounts, robust online and mobile banking services and sophisticated treasury management solutions - all delivered with top-rated personal service. NCB is well positioned to serve all the banking needs of those in our communities. For more information about NCB, visit www.nationalcapitalbank.bank.

Forward-Looking Statements

This news release may contain certain forward-looking statements, such as statements of the Company's plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified using words such as "expects," "subject," "will," "intends," "will be" or "would," These statements are subject to change based on various important factors (some of which are beyond the Company's control), and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date of which they are given). These factors include general economic conditions, trends in interest rates, the ability of the Company to effectively manage its growth and results of regulatory examinations, among other factors. The foregoing list of important factors is not exclusive.

Contact: Randal J. Rabe, EVP, Chief Financial Officer
Phone: 202-546-8000
Email: [email protected]

Financial Highlights

(Dollars in thousands, except share data)

Three Months Ended

Twelve Months Ended

(Unaudited)

December 31

December 31

Condensed Statement of Income:

2025

2024

2025

2024

Interest income

$

9,075

$

8,755

$

34,748

$

34,193

Interest expense

2,617

2,796

9,742

11,603

Net interest income

6,458

5,959

25,006

22,590

Provision for (recovery of) credit losses

1,022

67

1,863

537

Net interest income after provision

5,436

5,892

23,143

22,053

Non-interest income

911

895

3,672

3,305

Non-interest expense

4,162

4,151

17,380

16,771

Income before taxes

2,185

2,636

9,435

8,587

Income tax provision

526

671

2,402

2,206

Net income

$

1,659

$

1,965

$

7,033

$

6,381

Share Data (1):

Weighted avg no. of shares outstanding

1,150,973

1,149,380

1,150,076

1,150,675

Period end shares outstanding

1,151,020

1,148,112

1,151,020

1,148,112

Per Common Share Data (1):

Net income

$

1.44

$

1.71

$

6.12

$

5.55

Period end closing stock price

$

67.00

$

63.00

Period end book value

$

58.78

$

51.57

Profitability Ratios, Annualized:

Return on average shareholders' equity

9.83

%

13.26

%

11.07

%

11.38

%

Return on average total assets

0.88

%

1.09

%

0.98

%

0.90

%

Efficiency ratio

56.48

%

60.56

%

60.60

%

64.77

%

Condensed Balance Sheets:

December 31

December 31

2025

2024

Assets

Cash and equivalents

$

81,245

$

44,925

Securities, available for sale

57,307

61,579

Securities, held to maturity

57,936

62,436

Loans, held in portfolio

541,878

519,152

Allowance for credit losses

(6,575

)

(6,125

)

Premises and equipment, net

6,403

6,536

Bank owned life insurance

15,118

14,759

Other assets

10,439

11,079

Total assets

$

763,751

$

714,341

Liabilities and shareholders' equity

Deposits

$

678,192

$

628,205

FHLB advances and other borrowings

0

9,000

Subordinated notes, net of issuance cost

13,843

13,789

Other liabilities

4,059

4,138

Shareholders' equity

67,657

59,209

Total liabilities and shareholders' equity

$

763,751

$

714,341

Other Data:

Non-performing loans to total loans

2.55

%

0.61

%

Allowance to total loans

1.21

%

1.18

%

Net charge-offs (recoveries) to average loans

0.26

%

0.00

%

Loan-to-deposit ratio

79.90

%

82.64

%

Net interest margin for the quarter

3.55

%

3.42

%

Net interest margin for the year

3.62

%

3.30

%

(1) Per share data reflects the 4:1 stock split paid in the form of a dividend on November 26, 2024

SOURCE: NATIONAL CAPITAL BANCORP, INC.

NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that it has entered into an exclusive, 20-year worldwide license agreement with David Beckham for the creation, development, production, and distribution of fragrances under the David Beckham brand.

Jean Madar, Chairman and Chief Executive Officer of Interparfums, said, “We are delighted to collaborate with David Beckham, who embodies modern sophistication and timeless elegance shaped by determination, authenticity, and refined taste.

“This milestone agreement further strengthens our relationship with Authentic Brands Group (“Authentic”), the visionary company who co-owns and manages the David Beckham brand. Together, we will blend Beckham’s entrepreneurial influence with our fragrance expertise to inspire a richer world of style and self-expression through scent.

“Guided by our dedication to quality, innovation, and craftsmanship, we will strengthen the global presence of Beckham’s existing fragrance lines and plan to unveil a new signature fragrance by the end of 2029. We estimate that total annual sales will exceed $50 million in the first years under our management.”

Jamie Salter, Founder, Chairman and Chief Executive Officer of Authentic, said, “We are pleased to partner with Interparfums, whose strategic vision, operational excellence, and fragrance expertise are unmatched in the industry. With the incredible success they have achieved with GUESS fragrances, we’re confident they’ll bring the same level of creativity, quality, and long-term value to the Beckham brand.”

David Beckham, said, “With their outstanding reputation for craftsmanship in fragrance, I’m delighted to announce my partnership with Interparfums to evolve my fragrances for the long-term. Together with their world-leading team, we will create products that are distinctive and timeless. I can’t wait to get started.”

Interparfums will assume full global responsibility for David Beckham’s fragrances, effective April 1, 2028.

About Interparfums, Inc.:

Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy.

Our portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, Guess, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Lanvin, Rochas, and Solférino. Goutal and Off-White joined the Company’s fragrance portfolio in 2026.

About David Beckham:

Sir David Beckham was the first English football player to win league titles in four countries: England, Spain, the United States and France. His career spanned 20 years with some of the most successful clubs in the world: Manchester United, Real Madrid, AC Milan, LA Galaxy, Paris Saint-Germain and the England team, which he captained for six years.

Since retiring from football in 2013, Beckham has worked with world-leading brands including Adidas, Tudor, Hugo Boss, Stella Artois and Sands. In 2018, he became a founder and co-owner of Major League Soccer club Inter Miami CF, the culmination of his lifelong ambition to own a football club and the start of an exciting new chapter.

In February 2022, Authentic, the world’s largest sports and entertainment licensing company, announced a strategic partnership with David Beckham to co-own and manage Beckham’s global brand. In connection with the partnership, David Beckham became a shareholder in ABG and joined a roster of ABG’s growing entertainment portfolio that includes some of the world’s most celebrated athletes and iconic sports brands, such as Muhammad Ali, Shaquille O’Neal, and Sports Illustrated.

Throughout his life, Beckham has been committed to supporting charities and projects that seek to drive change for the better. He has worked with UNICEF for nearly 20 years as a Goodwill Ambassador, a role that promotes and protects the rights of the world’s most vulnerable children. In 2015, David launched the 7 Fund with UNICEF—a unique partnership to give vulnerable and disadvantaged children the opportunity to reach their full potential. In September 2025, he was Knighted by His Majesty King Charles III for his services to sports and charity. At the time of writing, David Beckham has 168million social media followers worldwide.

About Authentic Brands Group:

Authentic Brands Group (Authentic) is a leading sports, media, entertainment and lifestyle platform. As the owner of some of the most iconic and beloved intellectual property in the world, Authentic acquires and invests in brands to create long-term value for all of its stakeholders.

A digital-first, asset-light platform, Authentic sits at the intersection of culture, commerce and technology. It brings brands to life and cultivates fandom through powerful storytelling, premium content and unforgettable live experiences. Together with nearly 2,000 best-in-class licensing partners across 150 countries and an expansive distribution network, Authentic’s brands drive more than $38 billion in annual systemwide retail sales worldwide.

Authentic’s diversified portfolio spans more than 50 brands and reaches nearly one billion social media followers. Its roster includes Reebok, Champion, Shaquille O’Neal, David Beckham, Kevin Hart, Sports Illustrated, Elvis Presley, Muhammad Ali, Marilyn Monroe, Guess?, Aéropostale, Nautica, Eddie Bauer, Lucky Brand, Nine West, Brooks Brothers, Juicy Couture, Vince Camuto, Izod, Van Heusen, Dockers, Ted Baker, Hart Schaffner Marx, Vince, Barneys New York, Judith Leiber, Quiksilver, Spyder, Billabong, Volcom, Roxy, RVCA, DC Shoes, Prince, Sperry and Hunter.

For more information, visit corporate.authentic.com. Follow Authentic on LinkedIn, Instagram and WeChat.

Forward-Looking Statements:

Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as "anticipate, "believe", "could", "estimate", "expect", "intend", "may", "should", "will", and "would" or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and "Risk Factors" in Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2024, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release.

Contact Information:
Interparfums, Inc.
Michel Atwood
Chief Financial Officer
(212) 983-2640
www.interparfumsinc.com

The Equity Group Inc.
Devin Sullivan
Investor Relations Counsel
(212) 836-9608 / [email protected]
www.theequitygroup.com

NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Wealthfront Corporation (“Wealthfront” or the “Company”) (NASDAQ:WLTH) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On December 12, 2025, Wealthfront completed its Initial Public Offering (“IPO”) of 34,615,384 shares of common stock at a price of $14.00 per share.

On January 12, 2026, Wealthfront published its first quarterly results as a publicly traded company. The results included net deposit outflows of $208 million, a stark reversal from the $874 million in inflows the company experienced during the same period a year earlier. During the Company’s earnings conference call held the same day, CEO David Fortunato attributed the decline to falling interest rates and emphasized the strategic importance of Wealthfront’s new home-lending business which he asserted would protect the Company from downside risk should interest rates continue to fall. Also on the call, Fortunato revealed that he personally owns a 95.1% stake in Wealthfront’s home-lending business and that the company may “revisit or revise the ownership structure.” On this news, the price of Wealthfront shares declined by $2.12, or approximately 16.8%, from $12.59 on January 12, 2026 to close at $10.47 on January 13, 2026.

Since the Company’s IPO, the price of Wealthfront shares have declined by $4.81 per share, or approximately 34.35%, from $14.00 per share on December 12, 2025 to close at $9.819 on January 27, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Wealthfront securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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

Contacts
Kirby McInerney LLP        
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]

Shore Bancshares (SHBI - Free Report) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +10.42%. A quarter ago, it was expected that this bank holding company would post earnings of $0.45 per share when it actually produced earnings of $0.48, delivering a surprise of +6.67%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Shore Bancshares, which belongs to the Zacks Banks - Northeast industry, posted revenues of $59.11 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.61%. This compares to year-ago revenues of $52.95 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Shore Bancshares shares have added about 4.9% since the beginning of the year versus the S&P 500's gain of 1.9%.

What's Next for Shore Bancshares?While Shore Bancshares has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Shore Bancshares was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.43 on $57.51 million in revenues for the coming quarter and $1.91 on $240.6 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Financial Institutions (FISI - Free Report) , is yet to report results for the quarter ended December 2025. The results are expected to be released on January 29.

This holding company for Five Star Bank is expected to post quarterly earnings of $0.95 per share in its upcoming report, which represents a year-over-year change of +75.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Financial Institutions' revenues are expected to be $62.99 million, up 24.4% from the year-ago quarter.

Eagle Point Income Company Inc. Series A Preferred offers a stable, low-volatility income stream with a 5% coupon and October 2026 maturity. EICA trades near par, yielding a 6.08% yield to maturity, outperforming comparable short-term bond and money market funds by about 100 bps. Credit risk is minimal due to 1940 Act coverage requirements, positioning EICA as a conservative alternative for short-duration investors.

Wednesday, 28 January 2026 05:00 PM

Topic: 

Earnings MYRTLE BEACH, SC / ACCESS Newswire / January 28, 2026 / Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the fourth quarter and year ended December 31, 2025. The Company reported net income of $10,935,414 or $1.71 per share for the year ended December 31, 2025, compared to $8,506,711 or $1.36 per share for the same period ended December 31, 2024, representing a 29% increase. Net income for the three months ended December 31, 2025 was $3,083,360 which represents a 4% increase when compared to prior quarter income of $2,959,053 and a 16% increase compared to quarterly net income of $2,663,997 during the fourth quarter of 2024.

2025 Fourth Quarter and Annual Financial Highlights

Quarterly net income of $3.1 million, an increase of 4% over the most recent linked quarter and 16% over the fourth quarter of 2024

Net income for the year ended December 31, 2025 of $10.9 million, an increase of 29% over the same period in 2024

Diluted EPS of $0.47 for the quarter and $1.71 for the year

Increased book value per share and tangible book value per share to $13.73 and $13.32 at December 31, 2025 from $12.07 and $11.56 at December 31, 2024

Quarterly deposit growth of $51 million or 5% from $1,096 million at September 30, 2025 to $1,147 million at December 31, 2025

Annual deposit growth of $158 million or 16%

Quarterly loan growth of $34 million or 4% from $911 million at September 30, 2025 to $945 million at December 31, 2025

Annual loan growth of $107 million or 13%

Strong credit quality metrics with a non-performing assets ratio of 0.00%, a past due ratio of 0.04% and no OREO

Coastal Carolina Bancshares, Inc.
Selected Financial Highlights
(unaudited)

Dec 31, 2025

Sept 30, 2025

June 30, 2025

Mar 31, 2025

Dec 31, 2024

Balance Sheet (In Thousands)

Total Assets

$

1,279,007

$

1,209,800

$

1,187,475

$

1,107,714

$

1,090,310

Investment Securities

85,921

88,226

84,969

89,543

95,786

Loans, excluding loans HFS

944,842

911,160

879,627

862,605

837,638

Deposits

1,147,072

1,096,364

1,079,874

1,002,265

988,838

Shareholders' Equity

103,032

85,191

80,705

78,700

75,309

Total Shares Outstanding (1)

7,503,722

6,303,722

6,302,722

6,262,886

6,241,589

Book Value per Share

$

13.73

$

13.51

$

12.80

$

12.57

$

12.07

Tangible Book Value Per Share

$

13.32

$

13.02

$

12.31

$

12.07

$

11.56

Selected % Increases

4th Qtr 2025

3rd Qtr 2025

2nd Qtr 2025

1st Qtr 2025

4th Qtr 2024

Total Assets

6

%

2

%

7

%

2

%

-1

%

Total Loans

4

%

4

%

2

%

3

%

3

%

Total Deposits

5

%

2

%

8

%

1

%

-1

%

Selected Ratios

Loan Loss Reserve to Total Loans

1.08

%

1.07

%

1.06

%

1.03

%

1.02

%

Non-Performing Assets (excl TDRs) to Total Assets

0.00

%

0.00

%

0.00

%

0.00

%

0.00

%

Net Charge-Offs to Avg Total Loans (annualized)

0.00

%

0.00

%

0.00

%

0.00

%

0.00

%

For the

For the

For the

For the

For the

Three Months Ended

Three Months Ended

Three Months Ended

Twelve Months Ended

Twelve Months Ended

December 31, 2025

September 30, 2025

December 31, 2024

December 31, 2025

December 31, 2024

Earnings Breakdown (In Thousands)

Total Interest Income

$

16,570

$

16,468

$

14,493

$

62,514

$

54,181

Total Interest Expense

6,305

6,620

5,898

24,108

22,981

Net Interest Income

10,265

9,848

8,595

38,406

31,200

Total Noninterest Income

645

657

868

2,515

2,588

Total Noninterest Expense

6,462

6,345

5,919

25,312

22,420

Provision for Loan Losses

485

430

205

1,730

700

Income Before Taxes

3,963

3,730

3,339

13,879

10,668

Taxes

880

771

675

2,944

2,161

Net Income

$

3,083

$

2,959

$

2,664

$

10,935

$

8,507

Basic Earnings Per Share

$

0.48

$

0.47

$

0.43

$

1.73

$

1.37

Diluted Earnings Per Share

$

0.47

$

0.47

$

0.42

$

1.71

$

1.36

Weighted Average Shares Outstanding - Basic

6,460,244

6,302,787

6,241,589

6,325,040

6,223,548

Weighted Average Shares Outstanding - Diluted

6,538,705

6,362,799

6,306,162

6,388,691

6,270,505

Selected Ratios

Return On Average Assets

0.99

%

0.99

%

0.97

%

0.93

%

0.82

%

Return On Average Equity

13.10

%

14.27

%

14.26

%

13.10

%

12.05

%

Efficiency Ratio

59.17

%

60.32

%

62.46

%

61.78

%

66.24

%

Net Interest Margin *Bank Level*

3.55

%

3.46

%

3.35

%

3.54

%

3.22

%

(1) - Total shares outstanding excludes unvested restricted stock awards

Capital

At December 31, 2025, the Bank's regulatory capital ratios (Leverage, Tier 1, and Total Risk-Based) were 9.50%, 12.77%, and 13.92%, respectively. Each of these ratios exceed the regulatory minimums to be considered well capitalized.

The Company reported book value per share and tangible book value per share at December 31, 2025 of $13.73 and $13.32, respectively, compared to $13.51 and $13.02 at September 30, 2025 and $12.07 and $11.56 at December 31, 2024.

On October 27, 2025 the Company issued $12 million of subordinated debt securities with a 10 year maturity. The debt securities bear interest at a fixed rate of 7.625% for five years from the date of issuance, after which they will bear interest at a floating rate and are redeemable at the option of the Company, subject to applicable regulatory requirements. The proceeds were used, in part, to redeem an existing subordinated debt issuance in the amount of $10 million that originated in April 2020.

On December 19, 2025, the Company issued $15 million in common equity at a price of $12.50 per share to institutional and certain accredited investors. The Company intends to use the proceeds from the common equity issuance for general corporate purposes, including strengthening regulatory capital and supporting ongoing strategic growth initiatives. $8 million was contributed to the Bank during the fourth quarter of 2025.

Balance Sheet and Credit Quality

Net loans increased $34 million or 4% during the fourth quarter, and $107 million or 13% year-to-date to $945 million at December 31, 2025. The Bank experienced net loan growth in all loan categories during the year with the highest level of growth concentrated in non-owner occupied CRE, and 1-4 family residential lending, which accounted for $38 million and $29 million in net growth, respectively.

The Company achieved $158 million or 16% deposit growth during the year, reporting $1,147 million in total deposits on December 31, 2025, compared to $989 million on December 31, 2024. Deposits increased 5% or $51 million during the fourth quarter; however, fourth quarter deposit growth was bolstered by several large temporary deposits that will most likely decline in the first quarter of 2026.

Total assets increased by 6% during the quarter and 17% during the year to $1,279 million at December 31, 2025. Asset growth was supported by deposit growth during the quarter and allocated primarily towards increased loan and cash balances.

The Company continues to report strong asset quality metrics with no loans classified as non-accrual, a non-performing asset ratio of 0.00%, and a past due ratio of 0.04%. There were no charge-offs during the quarter, and no outstanding OREO property at December 31, 2025.

President and CEO of the Company and Bank, Laurence S. Bolchoz, Jr. commented, "We are extremely proud of the Bank's continued growth this year. Loan and deposit growth of 13% and 16% respectively, are a direct result of our team's execution and unwavering commitment to serve and support our local communities."

Income Statement

Net Interest Income

Net interest income increased $0.4 million or 4% to $10.3 million for the quarter ended December 31, 2025, compared to $9.9 million during the most recent linked quarter, and increased 19% when compared to prior year's fourth quarter net interest income of $8.6 million. Bank level net interest margin was 3.55% for the quarter ended December 31, 2025, compared to 3.46% for the prior quarter ended September 30, 2025 and 3.35% during the fourth quarter of 2024. The Company's consolidated net interest margin was 3.44% for the quarter ended December 31, 2025, compared to 3.35% for the prior quarter ended September 30, 2025 and 3.24% during the fourth quarter of 2024.

Fourth quarter margin improvement was driven primarily by loan growth coupled with a reduction in the Company's funding costs as the recent Federal Reserve rate cuts began to take effect. The Federal Reserve lowered the fed funds rate by 0.25% in September, October, and December of 2025. The Company's cost of deposits was 2.14% for the fourth quarter ended December 31, 2025, compared to 2.28% for most recent linked quarter, and 2.28% for the fourth quarter of 2024.

Quarter over quarter funding cost improvement was partially offset by a moderate decline in the Company's earning asset yields, which decreased to 5.54% from 5.59% reported in the prior quarter. Earning asset yields were impacted by cash and other variable rate assets responding to the recent Fed rate cuts.

Mr. Bolchoz said, "We are very pleased with the Company's earnings performance achieving new records in both annual and quarterly net income. The Company's net income increased 29% year over year. These results were achieved in large part due to the Bank's significant loan growth and the improvement in interest margin throughout the year."

Noninterest Income

Noninterest income was relatively flat quarter over quarter and year over year and consisted primarily of service charges and fees on deposit accounts, interchange and merchant fee income, mortgage sales income, and earnings from bank owned life insurance. Noninterest income totaled $645 thousand for the quarter ended December 31, 2025, compared to $657 thousand earned during the most recent quarter. Noninterest income totaled $2.5 million for the year ended December 31, 2025 compared to $2.6 million for the year ended December 31, 2024.

Noninterest Expense

Noninterest expense totaled $6.5 million for the quarter ended December 31, 2025, compared to $6.3 million for the prior quarter ended September 30, 2025, and $5.9 million for the comparative quarter ended December 31, 2024. Noninterest expense increased year over year from $22.4 million for the year ended December 31, 2024 to $25.3 million for the year ended December 31, 2025. Noninterest expense was relatively flat quarter over quarter, while year over year increases resulted primarily from higher compensation and benefits expense, increased data processing and business development costs, and higher regulatory assessments/insurance supporting the Company's continued growth and expansion into new markets.

Provision for Loan Losses

During the quarter, the Bank recorded a provision of $485 thousand for changes in CECL allowance for credit losses. During 2025 the Bank provisioned $1.7 million. At year end, the Bank's allowance for credit losses on loans increased to $10.2 million or 1.08% of loans outstanding. In addition, the Bank's reserve on unfunded commitments was $437 thousand for a total CECL reserve of $10.7 million.

Balance Sheet Data - Unaudited
(Dollars in thousands)

Dec 31,
2025

Sep 30,
2025

Jun 30,
2025

Mar 31,
2025

Dec 31,
2024

Cash and Equivalents

$

216,063

$

177,859

$

190,049

$

124,210

$

126,557

Securities

85,921

88,226

84,969

89,543

95,786

Loans

Loans Held for Sale

381

966

1,698

1,599

502

Loans Held for Investment

944,842

911,160

879,627

862,605

837,138

Allowance for Credit Losses - Loans

(10,238

)

(9,727

)

(9,292

)

(8,850

)

(8,561

)

Net Loans

$

934,986

$

902,399

$

872,034

$

855,354

$

829,080

Premises & Equipment

14,763

14,522

13,649

11,835

11,934

OREO

-

-

-

-

-

Goodwill

2,992

2,992

2,992

2,992

2,992

Core Deposit Intangible

112

119

127

135

143

Bank Owned Life Insurance

11,972

11,872

11,773

11,675

11,577

Other Assets

12,199

11,811

11,884

11,971

12,243

Total Assets

$

1,279,007

$

1,209,800

$

1,187,475

$

1,107,714

$

1,090,310

Deposits

Noninterest Bearing Deposits

$

204,083

$

165,538

$

171,242

$

168,160

$

163,288

Interest Checking

187,892

184,463

191,145

195,702

256,676

Savings

17,285

17,999

17,491

17,885

18,345

Money Markets

543,678

539,993

515,903

446,647

390,695

Certificates of Deposit

194,134

188,371

184,092

173,870

159,833

Total Deposits

$

1,147,072

$

1,096,364

$

1,079,873

$

1,002,265

$

988,838

Subordinated Debentures

22,000

20,000

20,000

20,000

20,000

Borrowings

-

-

-

-

-

Accrued Expense & Other Liabilities

6,902

8,244

6,897

6,749

6,164

Total Liabilities

$

1,175,974

$

1,124,609

$

1,106,770

$

1,029,014

$

1,015,001

Common Stock and Surplus

$

62,224

$

48,090

$

48,009

$

47,893

$

47,707

Retained Earnings

44,959

41,876

38,917

36,401

34,024

AOCI

(4,150

)

(4,774

)

(6,221

)

(5,594

)

(6,422

)

Total Shareholders' Equity

$

103,032

$

85,191

$

80,705

$

78,700

$

75,309

Total Liabilities & Shareholders' Equity

$

1,279,007

$

1,209,800

$

1,187,475

$

1,107,714

$

1,090,310

Income Statement Data - Unaudited
(Dollars in thousands)

Three Months Ended

Year Ended

Dec 31,
2025

Sep 30,
2025

Jun 30,
2025

Mar 31,
2025

Dec 31,
2024

Dec 31,
2025

Dec 31,
2024

Interest Income

Loans

$

14,194

$

13,803

$

13,241

$

12,548

$

12,307

$

53,786

$

46,289

Securities

2,377

2,665

1,869

1,818

2,187

8,728

7,893

Total Interest Income

$

16,571

$

16,468

$

15,110

$

14,366

$

14,494

$

62,514

$

54,181

Interest Expense

Deposits

$

5,960

$

6,269

$

5,460

$

5,161

$

5,652

$

22,850

$

21,878

Borrowings

346

350

316

247

247

1,259

1,103

Total Interest Expense

$

6,305

$

6,620

$

5,775

$

5,408

$

5,898

$

24,108

$

22,981

Net Interest Income

$

10,265

$

9,848

$

9,334

$

8,958

$

8,595

$

38,406

$

31,200

Provision for Credit Losses

$

485

$

430

$

480

$

335

$

205

$

1,730

$

700

Noninterest Income

Bank Owned Life Insurance

$

100

$

99

$

97

$

99

$

99

$

395

$

378

ATM, Debit, and Merchant fees

234

240

230

201

201

906

815

Service Charge Revenue

158

166

167

174

177

665

612

Gain on Sale of Loans

101

100

90

48

113

340

376

Other

51

51

18

88

278

209

408

Total Noninterest Income

$

645

$

657

$

602

$

610

$

868

$

2,515

$

2,588

Noninterest Expense

Salaries and Employee Benefits

$

4,128

$

4,082

$

4,004

$

3,940

$

3,697

$

16,154

$

14,056

Occupancy & Equipment

610

574

591

594

593

2,369

2,210

Data Processing

724

687

665

730

698

2,806

2,665

Other

1,000

1,002

996

985

931

3,983

3,489

Total Noninterest Expense

$

6,462

$

6,345

$

6,256

$

6,249

$

5,919

$

25,312

$

22,421

Income Before Taxes

$

3,964

$

3,730

$

3,200

$

2,984

$

3,339

$

13,879

$

10,668

Income Tax Expense

$

880

$

771

$

685

$

607

$

675

$

2,943

$

2,161

Net Income

$

3,083

$

2,959

$

2,516

$

2,377

$

2,664

$

10,935

$

8,507

Yield Data - Unaudited
(Dollars in thousands)

Three Months Ended December 31, 2025

Three Months Ended September 30, 2025

Three Months Ended December 31, 2024

Average
Balance

Interest
Earned/Paid

Yield/
Rate

Average
Balance

Interest
Earned/Paid

Yield/
Rate

Average
Balance

Interest
Earned/Paid

Yield/
Rate

Assets

Earning Assets

Interest Bearing Deposits

$

168,678

$

1,670

3.93

%

$

178,039

$

1,965

4.38

%

$

123,763

$

1,468

4.71

%

Securities

92,888

706

3.04

%

93,438

700

3.00

%

104,068

719

2.76

%

Loans, incl. fees

924,591

14,194

6.09

%

896,842

13,803

6.11

%

826,225

12,307

5.91

%

Total Earning Assets

$

1,186,157

$

16,571

5.54

%

$

1,168,319

$

16,468

5.59

%

$

1,054,057

$

14,494

5.46

%

Cash and Due From Banks

9,477

9,038

8,641

Other Assets

25,435

22,874

21,623

Total assets

$

1,221,069

$

1,200,231

$

1,084,320

Liabilities

Interest-Bearing Liabilities

Deposits

$

928,244

5,960

2.55

%

$

921,923

6,269

2.70

%

$

816,631

5,652

2.75

%

Borrowings

-

-

-

-

-

-

-

-

-

Subordinated Debentures

21,761

345

6.30

%

20,000

350

6.95

%

20,000

247

4.90

%

Total Interest -Bearing Liabilities

$

950,005

$

6,305

2.63

%

$

941,923

$

6,620

2.79

%

$

836,631

$

5,898

2.80

%

Noninterest Bearing Deposits

174,396

167,234

165,032

Other Liabilities

8,324

7,910

7,485

Shareholders' Equity

88,345

83,164

75,172

Total Liabilities & Shareholders' Equity

$

1,221,069

$

1,200,231

$

1,084,320

About Coastal Carolina Bancshares, Inc. Coastal Carolina Bancshares, Inc. is the Bank holding Company of Coastal Carolina National Bank, a Myrtle Beach-based community bank serving Horry, Georgetown, Aiken, Orangeburg, Richland, Greenville, Spartanburg, and Brunswick (NC) counties. Coastal Carolina National Bank is a locally operated financial institution focused on providing personalized service. It offers a full range of banking services designed to meet the specific needs of individuals and small and medium-sized businesses. Headquartered in Myrtle Beach, SC, the Bank also has branches in Garden City, North Myrtle Beach, Conway, Aiken, Orangeburg, Columbia, Greenville, and Spartanburg, South Carolina, and Ocean Isle Beach, North Carolina. Through the substantial experience of our local management and Board of Directors, Coastal Carolina Bancshares, Inc. seeks to enhance value for our shareholders, build lasting customer relationships, benefit our communities and give our employees a meaningful career opportunity. To learn more about the Company and its subsidiary bank, please visit our website at www.myccnb.com.

Forward-Looking Statements Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include, without limitation: the effects of future economic conditions; governmental fiscal and monetary policies; legislative and regulatory changes; the risks of changes in interest rates; successful merger integration; management of growth; fluctuations in our financial results; reliance on key personnel; our ability to compete effectively; privacy, security and other risks associated with our business. Coastal Carolina Bancshares, Inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Contact:

Russell Vedder
Title: EVP/CFO
Phone: (843) 839-5662
Fax: (843) 839-5699

www.myccnb.com

SOURCE: Coastal Carolina Bancshares, Inc.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Enveric Biosciences, Inc. (NASDAQ: ENVB) (“Enveric” or the “Company”), a biotechnology company advancing next-generation neuroplastogenic small molecules to address psychiatric and neurological disorders, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 328,802 shares of common stock at a purchase price of $4.41 per share. In a concurrent private placement, t.

-

ATLANTA--(BUSINESS WIRE)--The board of directors of Pinnacle Financial Partners, Inc. (NYSE: PNFP) approved the following three preferred stock dividends for shareholders:

$0.45617 per share on the firm’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on March 23, 2026, to shareholders of record as of March 15, 2026. $0.52481 per share on the firm’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, payable on April 1, 2026, to shareholders of record as of March 15, 2026. $16.88 per share (or $0.422 per depository share) on the firm’s Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series C, payable on March 1, 2026, to shareholders of record as of Feb. 14, 2026. Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $119.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.

Pinnacle is an employer of choice for financial services professionals. The firm is No. 9 in FORTUNE magazine’s 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.

*As of June 30, 2025, according to FDIC data.

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