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RLI Corp (NYSE: RLI) Reports Q2 Earnings of $165.7M and Dividend Unchanged

RLI Corp (NYSE: RLI) delivered a strong second quarter for 2026, reporting comprehensive earnings of $165.7 million, translating to $1.80 per share. This performance marks a notable increase from $143.0 million, or $1.55 per share, recorded in the same period last year. This stability …

Vinay Lochav | 23 July 2026

Senate Confirmation Set for Trump’s Consumer Finance Appointment

Trump’s recent nomination to lead the consumer finance regulatory agency is poised to spark significant discussions within the financial sector. As the Senate prepares to evaluate this candidate, stakeholders are assessing the possible implications for regulatory policies surrounding consumer lending. This nomination arrives at …

Vinay Lochav | 23 July 2026

Texas Capital Bancshares Records 29% Surge in Fee Income

Texas Capital Bancshares announced a second‑quarter net income of $80.6 million, marking a 10% rise from the same period last year and an improvement over the $69.5 million posted in the prior quarter. Earnings per diluted share climbed to $1.83, while fee income surged …

Vinay Lochav | 23 July 2026

Uwharrie Capital Corp (OTC: UWHR) Reports $7.1M Net Income for First Half 2026

Uwharrie Capital Corp (OTC: UWHR) has issued its financial results for the first half of 2026, highlighting impressive growth in net income and total assets. The company recorded a net income of $7.1 million, a significant increase from the $5.4 million reported during the …

Vinay Lochav | 23 July 2026

UniCredit Eyes Commerzbank Takeover Amid German Regulatory Concerns

UniCredit’s potential acquisition of Commerzbank could materialize in the near future, representing a strategic move that may reshape the competitive environment of the European banking sector. CEO Andrea Orcel expressed optimism regarding the timeline, noting that developing synergies between the two banks could help …

Vinay Lochav | 23 July 2026

Yen Declines to 163.24 Against Dollar, Hits 40-Year Low

The Japanese yen plunged past the critical 163 mark against the U.S. dollar, closing at 163.24 per dollar, a level not seen in 40 years. This 0.5% decline underscores ongoing market volatility as the dollar gains strength amid rising U.S. Treasury yields. Investors are …

Vinay Lochav | 23 July 2026

Resources Connection (NASDAQ: RGP) Reports Q4 EPS Loss Narrowing to $0.47

Resources Connection, Inc. (NASDAQ: RGP) reported a narrower loss of $0.47 per share for its fourth quarter ended May 30, 2026. This represents an improvement from the net loss of $2.23 per share in the same quarter last year. The results, released on July …

Vinay Lochav | 23 July 2026

SEI Investments (NASDAQ: SEIC) Boosts Revenue by 15% in Q2 2026

SEI Investments Company (NASDAQ: SEIC) reported adjusted earnings per share of $1.66 for the second quarter of 2026, significantly exceeding the anticipated $1.46, reflecting strong operational momentum. This impressive performance underlines the company's strategic initiatives and operational enhancements that have been in place for …

Vinay Lochav | 23 July 2026

Stewart (NYSE: STC) Reports $899M Q2 Revenues, Adjusted Net Income Improves

Stewart Information Services Corporation (NYSE: STC) reported an adjusted earnings per share (EPS) of $1.39 for the second quarter of 2026, falling short of the consensus estimate. Despite a revenue increase to $899.2 million, which marked substantial growth compared to $722.2 million in the …

Vinay Lochav | 23 July 2026

US House Panel Hearing on Staley Raises Ethical Concerns for Banking

Jes Staley, the former chief executive of Barclays, is scheduled to appear before a US House committee to discuss his connections to Jeffrey Epstein, a move that might send ripples through the financial sector. The inquiry extends beyond Staley himself, as it raises critical …

Vinay Lochav | 23 July 2026
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