Margin expansion drives the earnings. Net interest margin of 3.65% compares with 3.58% in the second quarter and 3.20% a year earlier. Net interest income of USD 77.3 million rose USD 3.3 million, or 4.5%, sequentially, and USD 13.4 million, or 21.0%, year over …
Management set expectations in July. The second-quarter net interest margin of 3.73% was boosted by interest recovery and was 3.60% excluding it. Chief Financial Officer Edward Czajka expected the third-quarter margin in the mid-3.50% range and said tighter loan pricing and difficult deposit pricing …
Profitability is high but unit economics eased slightly. Net interest margin of 4.07% fell four basis points sequentially but remains 39 basis points above the 3.68% of a year ago. Interest income of USD 69.7 million fell USD 678,000, or 1.0%, sequentially, primarily because …
Revenue growth was modest and credit costs helped. Total revenues of USD 139.2 million rose from USD 134.8 million. Insurance income eased to USD 11.6 million from USD 11.9 million, other income rose 8.3% to USD 4.3 million, and the provision for credit losses …
Balance sheet growth is concentrated in construction. Net loans rose USD 160.0 million since year end, after a USD 31.8 million decline in the first quarter and a USD 59.4 million increase in the second quarter, so growth accelerated through the year. Chairman and …
More than half of the sequential margin gain is acquisition accounting. The reported 4.38% margin includes an 18 basis point benefit from net accretion income of USD 867 thousand, driven by payoffs on purchased loans, so the margin excluding accretion is about 4.20%, simple …
Net sales included USD 8.5 million of revenue from resolutions of long-standing commercial matters, versus USD 11.2 million a year earlier. Excluding those, net sales were about USD 131.5 million against about USD 132.6 million, a decline of roughly 1%, simple arithmetic, so underlying …
Fiscal 2026 showed profit outpacing revenue. Revenue of JPY 21.9 billion rose 3.7%, gross profit of JPY 8.0 billion rose 8.9%, operating profit rose 9.4% to JPY 2.4 billion and net income rose 19.6% to JPY 1.6 billion. Software development services revenue of JPY …
Gorman-Rupp delivered record net sales of USD 193.3 million, up 11.8%, record net income of USD 22.7 million and record adjusted EBITDA of USD 41.8 million. Adjusted EPS of USD 0.86 compares with USD 0.52 a year earlier, when one-time facility optimization costs weighed …
First Hawaiian earned USD 63.7 million, including a USD 24.3 million noninterest expense and a USD 31.0 million tax benefit from settling liabilities from the 2016 reorganization. Setting both aside suggests underlying EPS near USD 0.47, simple arithmetic with approximations. Net charge-offs of USD …