Home BancShares Deposits Continue Sliding in Q2
The bank said it has been limiting its exposure to uninsured deposits in light of industry volatility. read more >
The bank said it has been limiting its exposure to uninsured deposits in light of industry volatility. read more >
Rising wages and operating expenses, along with litigation charges, weighed down income. read more >
Elsewhere in the company's earnings report, shrinking deposits reflected economic weakness. read more >
Income was $197.8 million, a nearly 19% drop from the same period a year ago. read more >
CEO Richard Howe said major improvements to the marketing tech firm's IntentKey platform, which he compared to ChatGPT, are coming soon. read more >
Investment properties gained value at a slower rate than the previous year, but other measures of performance were strong. read more >
The company also reported another writedown in the value of its fiber segment, this time for $24.5 million. read more >
It was the third consecutive quarter with a sharp decrease in profits for the auto retailer. read more >
Fourth-quarter results were solid, but fell short of Wall Street expectations. read more >
Expansion expenses hit income, but they also contributed to double-digit percentage gains in loans and deposits. read more >
The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth." read more >
For the full year, the bank's credit loss provisions totaled $83.5 million, compared to a negative provision of $77.9 million in 2021. read more >
The company reported a 27% decline in volume in its Integrated Capacity Solutions segment. read more >
Sales volume and revenue were up, but higher costs for vehicles and labor had a negative impact. read more >
Revenue for its ValidClick platform declined in part due to a dispute with a "well-known advertising platform." read more >
The electric vehicle maker also announced it has hired a grant writing firm to take advantage of legislative tailwinds and incentive programs. read more >
Sales at stores opened at least a year rose 8.2%, higher than the 6.5% in the previous quarter. read more >
The company addressed the recent arrest of CFO John R. Tyson in its quarterly earnings call. read more >
"The last two quarters have been very tight,” CEO Tony Aquila said. read more >
The write-down in the Uniti Fiber segment was "driven by an increase in the macro interest rate environment." read more >
