Earnings Releases

ServisFirst Bancshares, Inc. reported the quarter ended March 31, 2024 results: net income $ 50,026, EPS $ 0.92.

“announced earnings and operating results for the quarter ended March 31, 2024”

AGNC Investment Corp. reported the quarter ended March 31, 2024 results: net income $0.59 net income per common share, EPS $0.59 net income per common share.

“The press release included the following financial information for the quarter: • Total comprehensive income for the first quarter of 2024 of $0.48 per share of common stock, comprised of $0.59 net income per common share and $(0.11) other comprehensive loss (“OCI”) per common share on investments marked-to-market through OCI; • Tangible net book value of $8.84 per share of common stock as of March 31, 2024, which amount excludes $526 million, or $0.73 per common share, of goodwill as of March 31, 2024; • $63.3 billion fair value of its investment portfolio as of March 31, 2024, inclusive of net forward purchases and sales of agency mortgage-backed securities, in the “to-be-announced” (“TBA”) market; • Tangible net book value “at risk” leverage ratio was 7.1x as of March 31, 2024.”

Capital Bancorp Inc reported the three months ended March 31, 2024 results: net income $6.6 million, EPS $0.47 per diluted share.

“Capital Bancorp, Inc. Reports First Quarter 2024 Results • Net Income of $6.6 million, or $0.47 per share.”

CALIX, INC reported financial results for first quarter ended March 30, 2024.

“On April 22, 2024, Calix, Inc. (the “Company”) issued a press release announcing it has publicly disseminated a stockholder letter with its financial results for the first quarter ended March 30, 2024.”

LAKE SHORE BANCORP, INC. reported the 2024 first quarter results: net income $1.0 million, or $0.17 per diluted share, EPS $0.17 per diluted share.

“Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.0 million, or $0.17 per diluted share, for the 2024 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2023 first quarter.”

SIERRA BANCORP reported the quarter ended March 31, 2024 results: net income $9.3 million, EPS $0.64 per diluted share.

“Sierra Bancorp reported consolidated net income of $9.3 million, or $0.64 per diluted share, for the first quarter of 2024”

MODEL N, INC. reported preliminary financial results for second fiscal quarter ended March 31, 2024.

“On April 22, 2024, Model N, Inc. (“Model N”) made available an investor presentation regarding the proposed transaction with affiliates of Vista Equity Partners, which provides certain preliminary, unaudited financial estimates for the second fiscal quarter ended March 31, 2024.”

HEALTHSTREAM INC reported first quarter ended March 31, 2024 results: revenue Revenues of $72.8 million in the first quarter of 2024, net income Net income of $5.2 million in the first quarter of 2024, EPS Earnings per share (EPS) of $0.17 per share (diluted) in the first quarter of 2024. Guidance reaffirmed.

“HealthStream, Inc. (the "Company") issued a press release announcing results of operations for the first quarter ended March 31, 2024 and reaffirming guidance for the full year 2024”

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ reported financial results for the quarter ended March 31, 2024.

“On April 22, 2024, Zions Bancorporation, National Association (“the Bank”) announced its financial results for the quarter ended March 31, 2024”

PEOPLES BANCORP OF NORTH CAROLINA INC reported first quarter 2024 results: net income $3.9 million, EPS $0.74 per share and $0.72 per diluted share.

“Peoples Bancorp of North Carolina, Inc. (NASDAQ: PEBK) (the “Company”), the parent company of Peoples Bank (the “Bank”), reported first quarter 2024 results with highlights as follows: First quarter 2024 highlights: · Net earnings were $3.9 million or $0.74 per share and $0.72 per diluted share for the three months ended March 31, 2024, compared to $3.2 million or $0.58 per share and 0.56 per diluted share for the same period one year ago.”

SMARTFINANCIAL INC. reported the first quarter of 2024 results: net income $9.4 million, EPS $0.55 per diluted common share.

“SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.4 million, or $0.55 per diluted common share, for the first quarter of 2024”

ALEXANDRIA REAL ESTATE EQUITIES, INC. reported financial results for first quarter ended March 31, 2024.

“On April 22, 2024, Alexandria Real Estate Equities, Inc. (the “Company”) issued a press release entitled “Alexandria Real Estate Equities, Inc. Reports First Quarter Ended March 31, 2024 Financial and Operating Results.””

ENTERPRISE FINANCIAL SERVICES CORP reported first quarter 2024 results: net income $40.4 million, EPS $1.05 per diluted common share.

“On April 22, 2024, Enterprise Financial Services Corp (the "Company" or "EFSC") issued a press release announcing financial information for the quarter ended March 31, 2024.”

NORWOOD FINANCIAL CORP reported three months ended March 31, 2024 results: net income $4,433,000, EPS $0.55.

“Norwood Financial Corp (the “Company”) issued a press release announcing its earnings for the quarter ended March 31, 2024.”

AMCON DISTRIBUTING CO reported its second fiscal quarter ended March 31, 2024 results: net income net income available to common shareholders of $0.5 million, EPS fully diluted earnings per share of $0.89.

“AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, is pleased to announce fully diluted earnings per share of $0.89 on net income available to common shareholders of $0.5 million for its second fiscal quarter ended March 31, 2024.”

HMN FINANCIAL INC reported quarter ended March 31, 2024 results: revenue $7.3 million, net income $1.3 million, EPS $0.30.

“First Quarter Summary ● Net income of $1.3 million, down $0.3 million, from $1.6 million for first quarter of 2023 ● Diluted earnings per share of $0.30, down $0.07, from $0.37 for first quarter of 2023 ● Net interest income of $7.3 million, down $0.8 million, from $8.1 million for first quarter of 2023”

C & F FINANCIAL CORP reported first quarter of 2023 results: net income $6.5 million, EPS $1.86.

“C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.”

C & F FINANCIAL CORP reported first quarter of 2024 results: net income $3.4 million, EPS $1.01.

“C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.”

SLB LIMITED/NV reported first-quarter 2024 results: revenue $8.71 billion, net income $1.07 billion, EPS $0.74. Guidance reaffirmed.

“--- EX-99 (EX-99) --- EX-99 Exhibit 99 News Release SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025 • Revenue of $8.71 billion increased 13% year on year • GAAP EPS of $0.74 increased 14% year on year • EPS, excluding charges and credits, of $0.75 increased 19% year on year • Net income attributable to”

LAKELAND BANCORP INC reported the three months ended March 31, 2023 results: net income $19.8 million, EPS $0.30.

“Lakeland Bancorp, Inc. (NASDAQ: LBAI ) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $19.8 million and earnings per diluted share ("EPS") of $0.30 for the three months ended March 31, 2024 compared to net income of $19.8 million and diluted EPS of $0.30 for the three months ended March 31, 2023.”

LAKELAND BANCORP INC reported the three months ended March 31, 2024 results: net income $19.8 million, EPS $0.30.

“Lakeland Bancorp, Inc. (NASDAQ: LBAI ) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $19.8 million and earnings per diluted share ("EPS") of $0.30 for the three months ended March 31, 2024 compared to net income of $19.8 million and diluted EPS of $0.30 for the three months ended March 31, 2023.”

PARK NATIONAL CORP /OH/ reported financial results for the three months ended March 31, 2024.

“On April 19, 2024, Park National Corporation (“Park”) issued a news release (the “Financial Results News Release”) announcing financial results for the three months ended March 31, 2024.”

PROCTER & GAMBLE Co reported third quarter fiscal year 2024 results: revenue $20.2 billion, net income $3.8 billion, EPS $1.52. Guidance raised.

“AND CASH RETURN GUIDANCE RAISES EPS GROWTH GUIDANCE CINCINNATI, April 19, 2024 - The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2024 net sales of $20.2 billion, an increase of one percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent.”

BANCFIRST CORP /OK/ reported the quarter ended March 31, 2024 results: net income $50.3 million, EPS $1.50 per diluted share.

“BancFirst Corporation (NASDAQ GS:BANF) reported net income of $50.3 million, or $1.50 per diluted share, for the first quarter of 2024 compared to net income of $57.5 million, or $1.72 per diluted share, for the first quarter of 2023.”

AMERICAN EXPRESS CO reported full-year 2024 results: EPS $12.65 to $13.15. Guidance reaffirmed.

“Based on our results to date and the trends we are seeing in our business, we continue to expect full-year 2024 revenue growth of 9 percent to 11 percent and EPS of $12.65 to $13.15.”

HUNTINGTON BANCSHARES INC /MD/ reported 2024 first quarter results: net income $419 million, EPS $0.26.

“Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income for the 2024 first quarter of $419 million, or $0.26 per common share, an increase of $176 million, or $0.11, from the prior quarter, and a decrease of $183 million, or $0.13, from the year-ago quarter.”

HUNTINGTON BANCSHARES INC /MD/ reported 2024 first-quarter results: net income net income for the 2024 first quarter of $419 million, EPS Earnings per common share (EPS) for the quarter were $0.26.

“Huntington Bancshares Incorporated (Nasdaq: HBAN) reported net income for the 2024 first quarter of $419 million, or $0.26 per common share”

HUNTINGTON BANCSHARES INC /MD/ reported financial results for the quarter ended March 31, 2024.

“On April 19, 2024, Huntington Bancshares Incorporated (“Huntington”) issued a news release announcing its earnings for the quarter ended March 31, 2024.”

FIRST FINANCIAL BANKSHARES INC reported first quarter of 2024 results: net income $53.40 million, EPS $0.37.

“First Financial Bankshares, Inc. (the “Company,” “we,” “us” or “our”) (NASDAQ: FFIN) today reported earnings for the first quarter of 2024 of $53.40 million compared to earnings of $52.57 million for the same quarter a year ago. Basic and diluted earnings per share were $0.37 for both quarters ended March 31, 2024 and 2023, respectively.”

FIFTH THIRD BANCORP reported first quarter 2024 results: net income $520 million, EPS $0.70 per diluted share.

“Fifth Third Bancorp Reports First Quarter 2024 Diluted Earnings Per Share of $0.70”

SAN JUAN BASIN ROYALTY TRUST reported month of February 2024 results: revenue $5,635,271, EPS $0.022864 per Unit.

“Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $2,473,219 gross ($1,854,914 net royalty amount to the Trust). Hilcorp reported $5,635,271 of total revenue from the Subject Interests for the production month of February 2024, consisting of $5,376,466 of gas revenues and $75,828 of oil revenues. For the Subject”

ACME UNITED CORP reported the quarter ended March 31, 2024 results: revenue $45.0 million, net income $1.6 million, or $0.39 per diluted share, EPS $0.39 per diluted share.

“FOR FIRST QUARTER OF 2024 SHELTON, CT – April 19, 2024 – Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended March 31, 2024 were $45.0 million compared to $45.8 million for the quarter ended March 31, 2023, a decrease of 2%. Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November”

reAlpha Tech Corp. reported quarter ended March 31, 2024 results: revenue $20,426, net income $1,419,045.

“Revenues were $20,426 for the three months ended March 31, 2024, compared to $111,451 for the three months ended March 31, 2023. Our revenues consist of both the short-term rental revenue that we receive from our listed properties, if any, and platform services income that we receive directly from, or services related to, our technologies. The decrease in revenues during the period was attributable to lower rental revenue due to the disposal of our rental properties during and subsequent to fiscal year 2023 as a result of our business strategy shift to focus on the commercialization of our AI technologies, as well as lower platform services revenue as a result of the sale of myAlphie. We had cash and cash equivalents of approximately $4.84 million as of March 31, 2024, and approximately $6.46 million as of December 31, 2023. Net loss was $1,419,045 for the three months ended March 31, 2024, compared to $864,913 for the three months ended March 31, 2023.”

MetroCity Bankshares, Inc. reported first quarter ended March 31, 2024 results: net income $14.6 million, EPS $0.57 per diluted share.

“On April 19, 2024, MetroCity Bankshares, Inc. (the “Company”) issued a press release announcing its results of operations and financial condition for the first quarter ended March 31, 2024.”

Monroe Capital Income Plus Corp reported the quarter ended March 31, 2024 results: net income $0.28 to $0.30 per share.

“Estimates of First Quarter 2024 Financial Results: The following are preliminary estimates and subject to change pending the completion of our unaudited financial statements for the quarter ended March 31, 2024. • Estimated Q1 2024 Net Investment Income and Adjusted Net Investment Income – We anticipate that Q1 2024 Net Investment Income and Adjusted Net Investment Income will be $0.28 to $0.30 per share and $0.28 to $0.32 per share, respectively, based on the weighted average shares outstanding during Q1.”

Permianville Royalty Trust reported April 2024 results: revenue $7.8 million for the current month on realized wellhead prices of $78.32/Bbl.

“calculations. Underlying Sales Volumes Average Price Oil Natural Gas Oil Natural Gas Bbls Bbls/D Mcf Mcf/D (per Bbl) (per Mcf) Current Month 100,185 3,232 354,556 11,437 $ 78.32 $ 3.09 Prior Month 31,680 1,022 201,825 6,728 $ 72.37 $ 2.18 Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled”

Vuzix Corp reported financial results for the fourth quarter and full year ended December 31, 2023.

“On April 15, 2024, Vuzix Corporation (the “Company”) issued a press release announcing the Company’s financial results for the period ended December 31, 2023.”

Vuzix Corp reported the year ended December 31, 2023 results: revenue $12.1 million, net income $50.1 million, EPS $0.79.

“For the full year ended December 31, 2023, total revenues were $12.1 million, an increase of 2% over the comparable period in 2022.”

Federal Home Loan Bank of Boston reported the quarter-ended March 31, 2024 results: net income $77.8 million.

“On April 19, 2024, the Federal Home Loan Bank of Boston (the “Bank”) issued a press release announcing its preliminary, unaudited results for the quarter-ended March 31, 2024, and the declaration of a dividend.”

PARKE BANCORP, INC. reported the three months ended March 31, 2024 results: revenue $30.5 million, net income $6.1 million, EPS $0.51 per diluted common share.

“Highlights: Net Income: $6.1 million for Q1 2024 Revenue: $30.5 million for Q1 2024 Total Assets: $2.01 billion, decreased 0.7% from December 31, 2023 Total Loans: $1.79 billion, decreased 0.1% over December 31, 2023 Total Deposits: $1.56 billion, increased 0.7% from December 31, 2023 WASHINGTON TOWNSHIP, NJ, April 19, 2024 - Parke Bancorp, Inc. (“Parke Bancorp” or the "Company") (NASDAQ: “PKBK”), the parent company of Parke Bank, announced its operating results for the quarter ended March 31, 2024. Highlights for the three months ended March 31, 2024: • Net income available to common shareholders was $6.1 million, or $0.51 per basic common share and $0.51 per diluted common share, for the three months ended March 31, 2024, a decrease of $5.0 million, or 44.8%, compared to net income available to common shareholders of $11.1 million, or $0.93 per basic common share and $0.92 per diluted common share, for the three months ended March 31, 2023.”

REGIONS FINANCIAL CORP reported first quarter 2024 results: revenue $1.7B, net income $343M, EPS $0.37. Guidance initiated.

“1Q24 Reported Adjusted(1) Net Income Available to Common Shareholders $343M Diluted Earnings Per Share $0.37 Total Revenue $1.7B $1.8B Non-Interest Expense $1.1B $1.1B Pre-Tax Pre-Provision Income(1) $616M $700M Efficiency Ratio 64.3% 60.6% Net-Charge Offs / Avg Loans 0.50% 0.50%”

BCB BANCORP INC reported the quarter ended March 31, 2024 results: net income $5.9 million, EPS $0.32.

“BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $5.9 million for the first quarter of 2024, compared to $6.1 million in the fourth quarter of 2023, and $8.1 million for the first quarter of 2023. Earnings per diluted share for the first quarter of 2024 were $0.32, compared to $0.35 in the preceding quarter and $0.46 in the first quarter of 2023.”

PROVIDENT FINANCIAL SERVICES INC reported the three months ended March 31, 2024 results: net income $32.1 million, EPS $0.43 per basic and diluted share.

“Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $32.1 million, or $0.43 per basic and diluted share for the three months ended March 31, 2024”

AMES NATIONAL CORP reported the first quarter of 2024 results: net income $2.3 million, EPS $0.26 per share.

“Ames National Corporation (Nasdaq: ATLO; the “Company”) today reported net income for the first quarter of 2024 of $2.3 million, or $0.26 per share”

XCel Brands, Inc. reported fiscal year ended December 31, 2023 results: revenue $17.8 million, net income $21.1 million, EPS ($1.07) per share.

“into the new long-term license agreements for our Halston, Judith Ripka, C Wonder and Longaberger brands. Full Year 2023 Financial Results Net revenue for the current year was $17.8 million, representing a decrease of approximately $8.0 million (45%) from the prior year. The year-over-year revenue decline from the prior year was driven by a $5.6 million decrease in”

XCel Brands, Inc. reported fourth quarter ended December 31, 2023 results: revenue $2.3 million, net income $6.8 million, EPS ($0.34) per share.

“Net revenue for the fourth quarter of 2023 was $2.3 million, representing a decrease of approximately $1.8 million (-44%) from the fourth quarter of 2022.”

CUMULUS MEDIA INC reported three months ended March 31, 2024 results: revenue net revenue in a range of $199.0 million to $201.0 million, net income net loss in a range of $(14.9) million to $(13.4) million.

“For the three months ended March 31, 2024, the Company expects to report net revenue in a range of $199.0 million to $201.0 million, net loss in a range of $(14.9) million to $(13.4) million, and Adjusted EBITDA (1) in a range of $7.65 million to $9.15 million.”

UNITED STATES ANTIMONY CORP reported financial results for calendar year 2023.

“United States Antimony Corporation (“USAC”, the “Company”) held a conference call to discuss the Company’s financial and operational results for calendar year 2023.”

Snap-on Inc reported first quarter ended March 30, 2024 results: revenue $1,182.3 million, net income $263.5 million, EPS $4.91 per diluted share.

“Net sales of $1,182.3 million in the first quarter of 2024 represented a decrease of $0.7 million, or 0.1%, from 2023 levels, reflecting a $9.9 million, or 0.8%, organic sales decline, partially offset by $6.7 million of acquisition-related sales and $2.5 million of favorable foreign currency translation. • Operating earnings before financial services for the quarter of $270.9 million compared to $259.8 million in 2023. As a percentage of net sales, operating earnings before financial services were 22.9% in the first quarter compared to 22.0% last year. • Financial services revenue in the quarter of $99.6 million compared to $92.6 million in 2023; financial services operating earnings of $68.3 million compared to $66.3 million last year. • Consolidated operating earnings for the quarter of $339.2 million, or 26.5% of revenues (net sales plus financial services revenue), compared to $326.1 million, or 25.6% of revenues, last year. • The first quarter effective income tax rate was 22.2%”

BADGER METER INC reported financial results for first quarter ended March 31, 2024.

“On April 18, 2024, Badger Meter, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”