Small Cap

Kansas City Life Declares Quarterly Dividend

PRNewswire — Tue, 28 Apr 2026 01:07:00 +0000

KANSAS CITY, Mo., April 27, 2026 /PRNewswire/ -- The Board of Directors of Kansas City Life Insurance Company declared a quarterly dividend of $0.18 per share on April 27, 2026. The dividend will be payable ...

Full story available on Benzinga.com

FGR enters agreement to acquire advanced graphene coatings companies

PRNewswire — Tue, 28 Apr 2026 00:00:00 +0000

Highlights

First Graphene enters agreement to acquire key assets of Ionic Industries Inc. and Imagine Intelligent Materials
Acquisition delivers advanced, graphene coatings technologies with proven commercial applications
Immediate exposure to high-value geotextile and environmental infrastructure markets
Enhances First Graphene's product suite and strengthens pathway to accelerated commercialisation

SYDNEY, April 27, 2026 /PRNewswire/ -- First Graphene Limited (ASX: FGR; "First Graphene" or "the Company") (FRA:M11) (OTCQB:FGPHF) is pleased to announce it has entered a binding Asset Purchase Agreement ("Agreement") to acquire all manufacturing, intellectual property and development assets of Ionic Industries Inc. ("Ionic") and its subsidiary Imagine Intelligent Materials ("Imagine") (together, "the Companies").

The acquisition represents a highly strategic and cost-efficient opportunity to integrate advanced graphene coatings technologies developed over more than a decade of research and commercialisation activity.

Following a comprehensive due diligence process, First Graphene identified strong technical and commercial ...

Full story available on Benzinga.com

Mayfair Gold Provides Update on Project Work in the First Quarter of 2026 Advancing and Derisking the Fenn-Gib Gold Project

PRNewswire — Mon, 27 Apr 2026 22:35:00 +0000

VANCOUVER, BC, April 27, 2026 /CNW/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (NYSE:MINE) (TSXV:MFG) is pleased to provide this update progress achieved for the first quarter 2026, and highlight key work streams for the remainder of 2026 at the Fenn-Gib Gold Project in Northern Ontario .

"The progress achieved in the first quarter reflects the disciplined, methodical approach we are taking as we advance and derisk the Fenn-Gib Gold project through the permitting process toward development. Each workstream is moving forward with clarity and purpose, and as the team grows, we continue to deliver the technical foundations required for a successful build," said Nick Campbell, President and CEO. "We look forward to maintaining this momentum as we enter the next phase of engineering, environmental assessment, and regulatory and stakeholder engagement."

Drew Anwyll, P.Eng., Chief Operating Officer, added: "We entered 2026 with a clear execution plan, and the progress achieved this quarter reflects both the strength of that approach and the quality and commitment of the team advancing the work. Multiple critical‑path activities are progressing in parallel, supported by a highly capable group focused on disciplined delivery. This work will allow us to maintain schedule confidence as we move toward detailed engineering later this year, and progress permitting and regulatory approvals. Our objective remains clear: to advance the Project efficiently targeting a construction decision in 2028, positioning us well ahead of our peers."

The aspects of the work advance in Q1 2026 include the following:

Compilation of Environmental Baseline Study work

Throughout Q1 2026, the Company advanced the integration and interpretation of the multi‑year environmental baseline studies initiated in 2023. Work this quarter focused on advancing and consolidating studies concerning fish and fish habitat, hydrology, hydrogeology, geochemistry, wildlife, and vegetation into technical packages to support the upcoming application into Ontario's One Project, One Process ("1P1P") framework and advancement of the Environmental Assessment ("EA") processes with the Province of Ontario.

Notification of Project Status

The Company submitted the Notification of Project Status ("NPS") during the first quarter signalling the intent to advance the project into production and is now awaiting formal guidance and next‑step requirements from the Ministry of Energy and Mines ("MEM"). Following the receipt of MEM's review of the NPS, their feedback will be integrated into the Company's permitting strategy to help align upcoming technical, environmental, and indigenous engagement workstreams with the identified communities.

Environmental Assessment

In the first quarter, the Company awarded the EA and permitting mandate to Egis Canada Ltd. ("Egis"), previously operating as Ecometrix Incorporated, for the Project. Building on the consolidated baseline interpretations completed to ...

Full story available on Benzinga.com

ORVANA REPORTS Q2 FY2026 EXPLORATION RESULTS IN SPAIN

PRNewswire — Mon, 27 Apr 2026 22:00:00 +0000

TSX:ORV
OTCQX: ORVMF

TORONTO, April 27, 2026 /CNW/ - Orvana Minerals Corp. (TSX:ORV) (OTCQX:ORVMF) ("Orvana" or the "Company") is pleased to report exploration updates in Spain for the second quarter of fiscal year 2026, ended March 31, 2026 ("Q2 FY2026"). The Company's ongoing exploration programs at Orovalle are focused on extending known mineralization and supporting potential mine life growth.

Highlights
El Valle–Boinás:
- 2,845 metres drilled in Q2 FY2026, mainly focused on Area 208 and Black Skarn.
- Infill drilling supports the continuity of oxide-hosted gold mineralization in Area 208, which remains open to the east based on current drilling.
- Brownfield drilling intersected gold mineralization in Area 208. Significant intercepts include (apparent width):
  - DDH 26A22020: 2.00 m @ 19.55 g/t Au and 0.30% Cu
  - DDH 26A22021: 6.00 m @ 6.78 g/t Au

Results will inform future drilling programs focused on testing broader mineralization potential, subject to further evaluation and interpretation by the Company.

Lidia:

- 880 metres drilled in Q2 FY2026, completing the fiscal–year program, for a total of 1,427 metres drilled.
- Drilling results indicate that the target remains open to the southwest. Next steps will focus on evaluating this area to determine the extent of mineralization in that direction.

Reported intercepts for the El Valle–Boinás infill drilling (Figure 1) represent approximate true widths. Reported intercepts for the El Valle–Boinás brownfield drilling, presented in the Highlights section, and for the Lidia greenfield drilling (Figures 2 and 3), represent apparent widths.

Summary

A total of 14 drill holes were completed during the quarter across the El Valle–Boinás and Lidia areas. Drill hole locations, orientations, and reported intercepts are illustrated in Figures 1 through 3 in this news release. These figures provide plan and sectional views of the drilling completed during Q2 FY2026 —together with historical drilling in these areas—, including the spatial relationship of drill holes to interpreted mineralized zones. The intercepts reported herein represent selected significant results from drilling completed in the areas shown. For infill drilling, reported intercepts approximate true widths, while for brownfield and greenfield drilling, reported intercepts represent apparent widths, as illustrated in Figures 1 through 3.

Orovalle - Q2 FY2026 Drilling meters	Infill	Brownfield	Greenfield	TOTAL
El Valle Boinás
Area 208	826	969	-	1,795
Black Skarn	-	1,050	-	1,050
Lidia	-	-	880	880
TOTAL	826	2,019	880	3,725

El Valle–Boinás Brownfield Infill Program

At the El Valle Boinás mine, Q2 FY2026 drilling has focused on the Area 208 (A2), where 1,795 metres have been completed. Of this total, 826 metres were drilled with the objective of converting inferred resources (see Figure 1), while 969 metres were drilled to define the geological connection between the A2 and E2 structures (located to the east of A2). This work is expected to be completed in the coming months. The results are expected to inform the design and targeting of future drilling programs, subject to further evaluation and interpretation.

Mineralization in this zone of ...

Full story available on Benzinga.com

InsCorp, Inc. Reports Results for 1Q26

PRNewswire — Mon, 27 Apr 2026 21:49:00 +0000

IBTN reports EPS growth of 15% Y/Y to $0.63 in 1Q26 compared to $0.55 in 1Q25; Declares cash dividend of $0.12 for 2Q26

NASHVILLE, Tenn., April 27, 2026 /PRNewswire/ -- Today, InsCorp, Inc. (OTCQX:IBTN) reported results for the first quarter ("1Q26") ended March 31, 2026. IBTN recorded earnings per share ("EPS") of $0.63 in 1Q26 compared to ($0.57) in 4Q25 and $0.55 in 1Q25. Balance sheet growth remained solid during the quarter as average earning asset growth of 18% Y/Y (8% linked-quarter, "LQ") was driven by average deposit growth of 21% Y/Y (10% LQ) and average loan growth of 13% Y/Y (6% LQ). Excluding growth associated with the strategic entry into Murfreesboro in 3Q25, average earning assets, deposits, and loans increased 14%, 17%, and 9% Y/Y, respectively, in 1Q26. InsCorp generated a ROA of 0.72%, ROATCE of 9.8%, and an efficiency ratio of 66.1% in 1Q26 versus 0.74%, 8.8%, and 66.2%, respectively, in 1Q25. "As we embarked on 2026, our goals included an early push to core growth in the first quarter, healthy credit metrics, and maintaining momentum in our recent expansion market of Murfreesboro," said President and CEO, Jim Rieniets. "I'm pleased to report that our results are consistent with those goals, and that we continue to have visibility into further enhancing operating leverage during the course of the year," Rieniets continued.

New client deposit and loan growth in Murfreesboro remained strong in 1Q26. "Our expansion into Murfreesboro was driven by relationships, not geography," stated Chief Banking Officer Billie Jo Parker. "Our new team members' longstanding presence and reputation as trusted partners in Rutherford County were central to our decision to expand into that market. Their holistic approach—serving personal and commercial needs—is resulting in the onboarding of full client relationships and a durable foundation in the vibrant Murfreesboro community," continued Parker. Deposit and loan balances attributed to the Murfreesboro team increased to $36.2 million and $40.4 million at 1Q26-end versus $27.5 million and $22.9 million at year-end and $6.0 and $2.0 million, respectively, at 3Q25-end. Although balance sheet and performance metrics have progressed ahead of plan, the Murfreesboro growth initiative affected EPS by approximately ($0.06) in 1Q26 and ($0.15) in 2025. On a pre-provision, pretax basis, the Murfreesboro operation is expected to reach profitability in the coming months.

Loan growth of 14% Y/Y and 15% LQA in 1Q26 reflected solid contributions from commercial & industrial ("C&I"), commercial real estate ("CRE"), and home equity ("HELOC") loans. Growth in C&I (21% Y/Y; 7% LQ), CRE (12% Y/Y; -1% LQ), and HELOC (153% Y/Y; 35% LQ), outpaced construction & development (2% Y/Y; -2% LQ), residential (-8% Y/Y; 5% LQ), and consumer (-68% Y/Y; 30% LQ) in 1Q26. INSBANK's healthcare division, Medquity, generated a strong quarter of $37 million in originations, exceeding the quarterly average of $26 million during 2025. Net of participations sold and payoffs, Medquity's portfolio grew 13% Y/Y in 1Q26. "Importantly, our pipeline remains strong heading into 2Q26, even after considering strong funded loan growth of $18.2 million, or 8% LQ, in 1Q26," explained Blake Wilson, President, Medquity Healthcare Banking. Excluding Medquity's loan balances (28% of loans), loan growth was 15% Y/Y (2% LQ) in 1Q26.

Deposit growth of 18% Y/Y reflected interest-bearing transaction balance growth of 46% Y/Y and noninterest bearing deposit growth of 14% Y/Y in 1Q26. Non-maturity deposit balances, which include noninterest bearing, interest-bearing demand, and money market balances, increased 54% Y/Y, lifting the mix to 49% of deposits up from 46% a quarter ago and 38% a year ago. "Without question, core deposit growth is a key strategic pursuit, as it benefits margin, interest rate risk, and franchise value," said Andrew Smith, Chief Deposit Officer. "During the first quarter we continued to see deposit mix away from higher-cost CDs and toward core relationship balances, reflecting the focus and execution of our client-facing team members," Smith continued. CD balance growth of -3% Y/Y and LQ in 1Q26 resulted in a mix of 51% of deposits, down from 54% a quarter ago and 62% a year ago. INSBANK's loan-to-deposit ratio was 97% versus 96% a quarter ago and 100% a year ago.

Growth in revenue of 16% Y/Y and overhead 15% Y/Y in 1Q26 resulted in pre-provision pretax income ("PPNR") growth of 17% Y/Y in 1Q26. Specifically, PPNR increased to $2.7 million in 1Q26 versus $1.9 million in 4Q25 and $2.4 million in 1Q25. Strong growth in net interest income of 30%, or $1.9 million, Y/Y was partially offset by a drop in noninterest income to ($0.3 million) in 1Q26 versus $0.5 million in 1Q25. As detailed in the press release for 4Q25, INSBANK incurred a negative non-cash valuation adjustment to the carrying value of its SBIC investments of ($725,000) in 1Q26 and ($681,000) in 4Q25; the negative carrying value adjustment in 1Q26 and 4Q25 resulted from the change in value of one investment, which was partially offset by solid performance in the bank's other SBIC investments. Excluding SBIC income (loss), PPNR increased 63% Y/Y (+37% LQ) to $3.5 million in 1Q26 versus $2.5 million in 4Q25 and $2.1 million in 1Q25.

Net interest income increased 30% Y/Y (+13% LQ) to $8.4 million in 1Q26 versus $7.4 million in 4Q25 and $6.4 million in 1Q25. Net interest income included $858,000 from accrued interest recognized on the migration of a loan to performing status, interest income received on a federal tax refund, and prepayment and late fees received on $10.2 million of loan prepayments on March 31^st. Excluding these items, net interest income grew 8% Y/Y (6% LQ) to $7.5 million in 1Q26 versus $7.4 million in 4Q25 and $6.4 million in 1Q25.

	Notable Items in 1Q26	Pretax Income (Loss)	Net Income \|(Loss)	EPS	NIM	ROA
(1)	Accrued Interest due to Migration of a Nonperforming Loan to Accruing Status	$729,000	$575,910	$0.19	0.29 %	0.22 %
(2)	Securities Gains (Losses)	$97,884	$77,328	$0.03	NA	0.03 %
(3)	Interest Income on Tax Refund	$74,801	$59,093	$0.02	0.03 %	0.02 %
(4)	Prepayment & Late Fees Collected	$54,682	$43,199	$0.01	0.02 %	0.02 %
(5)	SBIC Investment Writedown	($801,293)	($633,021)	($0.21)	NA	-0.24 %
(6)	Murfreesboro Expansion	($227,734)	($179,910)	($0.06)	NA	-0.07 %
	Total	($72,660)	($57,401)	($0.02)	0.34 %	-0.02 %

The reported net interest margin ("NIM") of 3.35%, or 3.01% adjusted for the items discussed previously, in 1Q26 compared to 3.15% in 4Q25 and 3.01% in 1Q25. The adjusted NIM was in line with management's expectations coming into the quarter. Going forward, continued re-pricing of the bank's deposits, especially CD balances, and the re-pricing of maturing/re-pricing loans with yields below 5.00% should benefit NIM over the balance of 2026. At quarter-end, approximately $10.2 million of loan prepayments with a weighted average interest rate of 4.21% were re-deployed into loans with a yield pick-up of approximately 240 basis points ("bps")—representing an annual EPS benefit of $0.06, all else equal. Looking ahead, favorable re-pricing of $315 million of CDs, or 34% of deposits, with an average yield of 4.02% and $66 million of loans, or 7% of total loans, yielding 5.02% are expected to contribute to NIM expansion progressively during the second half of 2026 and into 2027.

Average earning asset growth of 18%, or $152 million, Y/Y consisted of average loan growth of 13%, or $103 million, Y/Y and short-term liquidity and securities growth of 53%, or $49 million, Y/Y in 1Q26. On an adjusted basis, which excludes approximately $784,000 of accrued interest, prepayment, and late fees received in March, the loan yield was 6.53% in 1Q26 vs. 6.64% in 4Q25 and 6.63% in 1Q25. The yield on securities and short-term liquidity was 3.94%, excluding approximately $75,000 of interest received on the bank's tax refund, compared to 4.18% in 4Q25 and 4.15% in 1Q25.

Although INSBANK's balance sheet remains modestly asset sensitive, its sensitivity to interest rate changes decreased in 1Q26. Continued improvement in the mix of non-maturity deposits to total deposits was largely responsible for the decreased sensitivity on a Y/Y and LQ basis. INSBANK's asset re-pricing mismatch, relative to liability re-pricing, is short-lived and largely resolved within six months of a change in the Fed Funds rate. Based on current market expectations for a relatively stable Fed Funds rate over the balance of 2026, INSBANK's NIM should improve in 2Q26 through 4Q26 relative to the adjusted NIM of 3.01% in 1Q26.

Core noninterest income of $396,000 increased 9% LQ to $0.4 million in 1Q26. Total non-interest income was adversely affected by a decrease in the value of one SBIC fund investment for the second consecutive quarter. For more than a decade, INSBANK has committed capital to SBIC funds as part of its plan to fulfill CRA objectives and further the development of small business formation within its market, region, and the nation. INSBANK committed $1.5 million of capital to one SBIC fund over a decade ago, which was fully drawn during the fund's investment period; over the fund's life, INSBANK has received distributions of $1.7 million, or 111% of its capital contribution. The fund's largest investment experienced difficulty in 2025, which resulted in a decline in the value of the fund from $2.3 million to $0.6 million over the five-quarter period ended December 31, 2025. Most of INSBANK's other SBIC fund investments are earlier in their lifecycles and performing in line with expectations.

Noninterest expense growth of 15% Y/Y (2% LQ) reflected an increase in personnel expense of 16% Y/Y (2% LQ) in 1Q26. Growth in associates slowed to seven people, or 10%, Y/Y versus 11, or 17%, Y/Y growth in 4Q25. Excluding costs related to the Murfreesboro expansion, noninterest expense growth was 9% Y/Y in 1Q26. Noninterest expense improved to 1.99% of average assets in 1Q26 versus 2.11% in 4Q25 and 2.04% in 1Q25; costs associated with the Murfreesboro expansion contributed 5 bp in 1Q26.

Asset quality measures improved in 1Q26. Net chargeoffs ("NCOs") represented 0.00% of average loans on an annualized basis in 1Q26 vs. 2.26% in 4Q25 and 0.00% in 1Q25. As discussed in previous press releases in December 2025 and February 2026, the 4Q25 chargeoff activity was related entirely to a fraudulent loan incident. Nonperforming loans and 90-day past dues ("NPLs") ended March 2026 at 0.25% of loans vs. 0.60% a quarter ago and 0.66% a year ago. Virtually all NPLs are collateralized by real estate with significant equity. The drop in NPLs reflected the migration of a well-collateralized real estate loan into accruing status, based on the property's healthy cash flow performance in 2025. Loans 30-89 days past due represented 0.08% of loans at 1Q26-end compared to 0.02% a quarter ago and 0.24% a year ago. The allowance for credit losses of 1.25% of loans (-5 bps Y/Y) represented 503% of NPLs vs. 207% a quarter ago and 196% a year ago.

Existing capital levels support solid asset growth. INSBANK remained "well capitalized" from a regulatory perspective with a tier-1 leverage ratio of 10.06%, a common equity tier-1 capital ratio of 11.01%, and a total risk-based capital ratio of 12.20%. InsCorp, Inc.'s tangible common equity ratio was 7.24% as of 1Q26-end versus 7.32% a quarter ago and 8.01% a year ago. Tangible book value per share increased by 4% Y/Y to $26.06, as of March 31, 2026. C&D and CRE balances represented 75% and 313% of total risk-based capital, respectively, versus 87% and 307% a year ago. Accumulated Other Comprehensive Income was ($2.4 million), or 2.3% of bank-level tier-1 capital of $107.1 million, as of March 31, 2026.

The loan pipeline remains solid and supportive of double-digit growth in the near-term. The pipeline included approximately $50 to $70 million of funded loan balances expected to close in the next three months. Loan growth eased to $32 million, or 15% linked-quarter annualized ("LQA"), in 1Q26 compared to $57 million, or 27% LQA, in 4Q26. Funded balance growth was restrained by $29 million of loan payoffs in 1Q26 compared to $13 million in 4Q25. "Importantly, the bank's loan pipeline remained healthy as we headed into April, considering the strong activity over the past six months," explained Chad Hankins, Chief Lending Officer. "Fortunately, our team remains well positioned to take advantage of recent and future dislocations in the Nashville market," added Hankins.

The Board of Directors approved the payment of a quarterly dividend of $0.12 per common share on June 5, 2026, to shareholders of record on May 15, 2026. The annualized quarterly dividend rate of $0.48 per share represents an increase of 9% compared to dividends of $0.44 per share paid in 2025. Although the Company did not repurchase shares in 1Q26, 59,000 shares, or 2.0% of the prior year-end's share count, were repurchased in 2025. The current repurchase program authorizes management to repurchase 100,000 shares, or 3.4% of IBTN's outstanding shares, through January 25, 2028.

About InsCorp, Inc. and INSBANK

Since 2000, INSBANK has offered clients highly personalized services from experienced relationship managers, positioning itself as an innovator by leveraging technology to deliver those services efficiently and conveniently. In addition to its commercial-focused operation, INSBANK has two divisions: Medquity and Finworth. Medquity offers healthcare banking solutions to physicians, partnerships, and practices nationwide. Finworth offers nationally available virtual private client services for interest-bearing deposits. InsCorp, Inc., a Tennessee bank holding company, owns INSBANK. InsCorp, Inc.'s shares are traded on the OTCQX under the ticker symbol IBTN. Headquartered in Nashville at 2106 Crestmoor Road, the bank has offices in Brentwood at 5614 Franklin Pike Circle and in Murfreesboro at 1574 Medical Center Parkway. For more information, please visit www.insbank.com.

InsCorp, Inc.
Consolidated Balance Sheets
(000's)
(Unaudited)

	*Change*		*For the period ending:*

	*Y/Y*	*QTD*	*March 31,* *2026*	*December 31,* *2026*	*March 31,* *2025*
Assets
Cash and due from banks	-15.9 %	-0.8 %	$ 4,744	$ 4,783	$ 5,642
Fed funds sold	556.9 %	1298.8 %	25,598	1,830	3,897
Interest bearing deposits with banks	-54.1 %

Full story available on Benzinga.com

Tri-County Financial Group, Inc. Reports First Quarter 2026 Financial Results

PRNewswire — Mon, 27 Apr 2026 21:34:00 +0000

MENDOTA, Ill., April 27, 2026 /PRNewswire/ -- Tri-County Financial Group, Inc. (the "Company") (OTCQX:TYFG) today announced financial results for the first quarter of 2026.

Net income for the first quarter of 2026 was $4.5 million ($1.88 per share), compared to $2.6 million ($1.07 per share) during the first quarter of 2025, which is approximately a 73% increase.

Net interest income was $13.7 million during the quarter ended March 31, 2026, compared to $11.6 million in the same period of 2025, an increase of 18%.

Non-interest income was $4.1 million for the first quarter of 2026, an increase of $0.5 million, or 14%, compared to $3.6 million during the quarter ended March 31, 2025.

Non-interest expense was $12.0 million during the quarter ended March 31, 2026, compared to $11.3 million for the first quarter of 2025, an increase of $0.7 million.

Our investment portfolio consists entirely of debt securities classified as available-for-sale; therefore, unrealized gains and losses are reflected in accumulated other comprehensive income within stockholders' equity. None of our securities are classified as held-to-maturity. The investment portfolio increased $7.4 million or 5% year over year and totaled $154.7 million at March 31, 2026, as compared to $147.4 million at March 31, 2025.

Total loans increased $33.6 million, or 3%, to $1.31 billion at March 31, 2026, from $1.28 billion at March 31, 2025. Nonperforming loans as a percentage of total loans were 0.55% as of March 31, 2026, compared to 0.40% at March 31, 2025.

The credit loss recovery was $0.3 million for the quarter ended March 31, 2026, compared to credit loss expense of $0.5 million at March 31, 2025. The allowance for credit loss was $14.9 million at March 31, 2026 and represented 1.14% of gross loans, compared to $14.5 million at March 31, 2025 and 1.14% of gross loans. Asset quality remains strong overall, despite a slight increase in nonperforming loans year-over-year.

Total deposits increased by $6.1 million, year-over-year. Total deposits were $1.309 billion at March 31, 2026, which consisted of approximately $10.0 million of brokered deposits. Total deposits were $1.303 billion at March 31, 2025, which consisted of approximately $37.6 million of brokered deposits. Without factoring in brokered deposits, total deposits increased approximately $34 million year-over-year. Federal Home Loan Bank (FHLB) advances were $55.9 million and $32.9 million at March 31, 2026 and 2025, respectively.

On March 10, 2026, the Board of Directors declared a regular dividend of $0.28 per share, payable April 9, 2026, to shareholders of record on March 31, 2026.

In announcing the results, Tri-County Financial Group, Inc. President and CEO Kirk Ross, stated, "Our first quarter results reflected solid earnings with strong growth in net interest income and continued improvement in our net interest margin. With yield curves returning to a more normal state, our earnings improved with increased yields on our earning assets and lower funding costs. We continue to see repricing in our loan portfolio and improvement in overall loan yields while maintaining a balanced approach to funding and growth. Our focus remains on building long-term relationships, supporting our local communities, and managing risk thoughtfully. While competition for deposits remains elevated, we are confident in our strategy and our ability to deliver consistent, relationship-driven service. "

Tri-County Financial Group, Inc. is the parent holding company for First State Bank, with offices in Mendota, Batavia, Bloomington, Champaign, Geneva, LaMoille, McNabb, North Aurora, Ottawa, Peru, Princeton, Rochelle, Shabbona, St. Charles, Streator, Sycamore, Waterman and West Brooklyn. First State Bank is the parent company of First State Mortgage Services, LLC and First State Insurance. Tri-County Financial Group, Inc. shares are quoted under the symbol TYFG and traded on OTCQX.

Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements due to various factors, including operating; legal and regulatory risks; changing economic and competitive conditions; and other risks and uncertainties. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

Contact:
Lana Eddy, Secretary
[email protected]" target="_blank" rel="nofollow" rel="nofollow">[email protected]
815.538.2265

TRI COUNTY FINANCIAL GROUP, INC. & SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
QUARTER ENDED MARCH 31ST
(Unaudited, 000s omitted, except share data)

	2026	2025

Interest Income	$ 20,970	$ 19,530
Interest Expense	7,286

Full story available on Benzinga.com

Bed Bath & Beyond Stock Soars After Q1 Report: Here's Why

Erica Kollmann — Mon, 27 Apr 2026 20:49:00 +0000

Bed Bath & Beyond, Inc. (NYSE:BBBY) stock soared after the company reported first-quarter results after Monday's closing bell, beating analyst revenue estimates.

Here's a look at the details inside the report.

BBBY stock is moving. Watch the price action here.

BBBY Q1 Details

Bed Bath & Beyond reported quarterly adjusted losses of 25 cents per share, which met analyst estimates, according to Benzinga Pro data.

Quarterly revenue came in with sales at $247.76 million, which beat the $240.09 million Street estimate.

“Notably this was the first quarter of significant revenue growth ...

Full story available on Benzinga.com

Mission Bancorp Reports First Quarter Earnings of $7.7 Million, a 7% Increase Year Over Year, and Annual Loan Growth of 14.5%. Announces Extension of Stock Repurchase Plan and Declares 5.00% Annual Stock Dividend.

PRNewswire — Mon, 27 Apr 2026 20:30:00 +0000

BAKERSFIELD, Calif., April 27, 2026 /PRNewswire/ -- Mission Bancorp ("Mission" or the "Company") (OTC:MSBC), a bank holding company and parent of Mission Bank (the "Bank"), reported unaudited net income available to common shareholders of $7.7 million, or $2.58 per diluted common share, for the first quarter of 2026, compared to net income available to common shareholders of $7.2 million, or $2.41 per diluted common share, for the first quarter of 2025, and net income available to common shareholders of $8.2 million, or $2.74 per diluted common share, for the linked quarter.

"Mission Bank is proud to report solid first quarter results with net income of $7.7 million, a 7% increase year over year, and annual loan growth of 14.5%." says Mission Bank President and CEO A.J. Antongiovanni. "Our strategy of focusing on the highest quality of business in each of our markets continues to pay off with strong loan growth and modest deposit growth leading to moderate net interest margin expansion despite challenging times. We are excited for new opportunities in the second quarter as we open a lending and deposit production center in North San Luis Obispo County and a Business Banking Center in Westlake Village. Our superior service and relationship-driven business model has proved successful at scale, and we are looking forward to deepening our relationships in every community we serve."

First Quarter 2026 Financial Highlights

Gross loans increased by $188.9 million, or 14.5%, to $1.49 billion as of March 31, 2026, compared to $1.30 billion as of March 31, 2025, and increased by $27.0 million, or 1.8%, compared to December 31, 2025, balances.
Total deposits increased by $15.8 million, or 1.0%, to $1.67 billion as of March 31, 2026, compared to $1.65 billion a year earlier, and increased by $11.7 million, or 0.7%, from $1.66 billion as of December 31, 2025. Non-interest-bearing deposits were $647.0 million and represent 38.8% of total deposits as of March 31, 2026.
The allowance for credit losses ("ACL") as a percentage of gross loans declined from 1.50% as of December 31, 2025, to 1.35% as of March 31, 2026.
Credit quality remains strong with nonaccrual loans representing 0.01% of total gross loans as of March 31, 2026, down from 0.18% as of December 31, 2025.
The Community Bank Leverage Ratio for the Bank as of March 31, 2026, was 12.19%, compared to 11.47% as of March 31, 2025.

Net Income Available to Common Shareholders

Net income available to common shareholders for the first quarter of 2026 was $7.7 million, or $2.58 per diluted common share, compared with $8.2 million, or $2.74 per diluted common share, for the linked quarter ended December 31, 2025. Net income available to common shareholders was $7.2 million, or $2.41 per diluted common share, for the first quarter of 2025. Net income available to common shareholders decreased $0.5 million, or 6.1%, compared to the linked quarter, and increased by $0.5 million, or 7.0%, compared to the same prior year period.

Notable variances compared to the linked quarter include an increase in non-interest expense and a decrease in net interest income, which were partially offset by decreases in credit loss expense and provision for income taxes. Compared to the first quarter of 2025, an increase in net interest income was partially offset by increases in non-interest expense and credit loss expense.

Net Interest Income

Net interest income was $19.8 million, or 4.39%, of average earning assets ("net interest margin"), for the first quarter of 2026, compared with $17.8 million, or a net interest margin of 4.06%, for the same prior year period, and $20.2 million, or a net interest margin of 4.31%, for the quarter ended December 31, 2025.

Net interest income increased by $1.9 million, or 10.8%, compared to the same prior year period, primarily due to growth in the Company's loan portfolio coupled with relatively stable loan yields, and lower funding costs. Loan interest income and fee accretion increased by $2.5 million compared to the first quarter of 2025, partially offset by $1.4 million lower interest income on interest earning deposits in other banks and $0.3 million lower interest income on investment securities. Additionally, interest expense declined $1.0 million compared to the same prior year period, primarily due to lower deposit costs, and lower average balances and rates paid for subordinated debentures.

Net interest income decreased by $0.5 million, or 2.4%, for the quarter ended March 31, 2026, compared to the linked quarter, primarily reflecting a lower number of days in the period, along with lower yields on certain interest earning assets, particularly interest earning deposits in other banks and investment securities, which were partially offset by a favorable shift in earning-asset mix toward higher yielding loans and reduced deposit costs. Interest income on interest earning deposits in other banks declined $0.8 million, primarily due to lower average balances and rates, and interest income on investment securities declined $0.2 million, reflecting lower yields, while interest income on loans rose $0.1 million, driven by higher average balances that offset lower loan yields. Interest expense declined $0.4 million compared to the linked quarter, primarily due to lower deposit costs and lower average balances on interest-bearing deposits.

The net interest margin was 4.39% for the quarter ended March 31, 2026, compared to 4.06% for the same prior year period, and 4.31% for the linked quarter ended December 31, 2025. During the past year, the cost of interest-bearing liabilities declined 43 basis points, while a continued shift in earning-asset mix toward higher yielding loans offset lower yields on other earning assets, resulting in relatively stable earning asset yield and a 33 basis point year-over-year expansion in the quarterly net interest margin. The Federal Reserve began lowering rates in the latter half of 2024, lowering the federal funds rate 175 basis points from its peak range, impacting the shorter end of the yield curve and reducing yields on interest-bearing deposits in other banks, as well as the Company's variable rate loans and investment securities. These rate reductions also resulted in lower deposit costs, which, combined with robust loan growth, supported earning asset yields resulting in net interest margin expansion.

The 8 basis point increase in the net interest margin for the first quarter of 2026, compared to the linked quarter, primarily reflects a modest increase in earning asset yields, combined with a continued favorable shift in the earning-asset mix toward higher yielding loans. These benefits were further supported by a decline in interest bearing deposit costs.

The yield on loans, interest earning deposits in other banks, and investment securities decreased by 4 basis points to 6.37%, 70 basis points to 3.70%, and 50 basis points to 3.42%, respectively, compared to the same prior year period. Additionally, average balances on loans increased $169.7 million, or 13.1%, average balances on interest earning deposits in other banks decreased $128.4 million, or 55.3%, and average balances on investment securities were relatively unchanged. The cost of interest-bearing deposits decreased 41 basis points to 2.59%, while the average balances of interest-bearing deposits increased $8.7 million, or 0.86%. The cost of subordinated debentures decreased 76 basis points to 4.19%, and average balances decreased $9.9 million, or 45.3%.

For the quarter ended March 31, 2026, the yield on loans, interest bearing deposits in other banks, and investment securities decreased by 6 basis points to 6.37%, 28 basis points to 3.70%, and 12 basis points to 3.42%, respectively, compared to the linked quarter. Average balances on loans increased $50.7 million, or 3.57%, average balances on interest earning deposits in other banks and investment securities decreased $82.0 million, or 44.2%, and $4.8 million, or 1.96%, respectively. The cost of interest-bearing deposits decreased 6 basis points to 2.59%, and average balances on interest-bearing deposits decreased $15.1 million, or 1.47%.

The cost of funds was 1.61% for the quarter ending March 31, 2026, a decrease of 28 basis points compared to 1.89%, for the same prior year period, and a 2 basis point decrease compared to 1.63%, for the linked quarter ending December 31, 2025. The decrease in the Company's cost of funds is generally attributable to recent Federal Reserve rate cuts, which has provided some relief in deposit cost pressures. The Bank has continued to grow its total deposit accounts through both new customer acquisition and the expansion of existing relationships over the past year. At the same time, some rate-sensitive clients have opted for higher yielding investment options.

The Company holds two pay-fixed, receive floating, interest rate swap contracts, with notional balances totaling $108 million, to hedge against rising rates on a portion of its fixed rate loan and investment securities portfolios. Combined, interest rate swap contracts contributed $0.1 million of interest expense for the first quarter of 2026, compared to a nominal amount for the linked quarter, and $0.1 million interest income for the first quarter of the prior year.

Provision for Credit Losses

A $0.7 million provision for credit losses was recorded for the quarter ended March 31, 2026, compared to $1.2 million for the linked quarter, and $0.2 million for the same prior year period. The Company's quarterly credit loss provisions over the past year have been recorded primarily to account for loan growth and changes in macro-economic conditions, which impact the calculated ACL under the current expected credit loss ("CECL") model, rather than in response to changing conditions in the Company's loan portfolio, which has remained stable, demonstrating a low credit risk profile during the past twelve months. During the first quarter, certain loans for which specific reserves were recorded in prior quarters were charged off, consistent with the Company's established credit risk management framework.

Non-Interest Income

Non-interest income increased $0.1 million, or 4.9%, to $1.6 million for the quarter ended March 31, 2026, compared to $1.5 million for the linked quarter, and was relatively unchanged compared to the same prior year period. Compared to the linked quarter, increases in SBA servicing fees and gain on sale of loans were partially offset by lower service charges, fees and other income, as well as a decline in Farmer Mac referral and servicing fee income. When compared to the same prior year period, increases in SBA servicing fees and gain on sale of loans and Farmer Mac referral and servicing fee income were largely offset by a decline in service charges, fees and other income. SBA sales activity during the prior quarter was partially impacted by the federal government shutdown.

Non-Interest Expense

Non-interest expense increased by $0.9 million, or 10.3%, to $10.0 million for the quarter ended March 31, 2026, compared to $9.1 million for the linked quarter, and increased by $0.8 million, or 8.6%, compared to $9.2 million for the quarter ended March 31, 2025.

The increase in non-interest expense for the first quarter of 2026, compared to the linked quarter, was primarily due to a $0.9 million increase in salaries and benefits expense, driven by higher beginning-of-year payroll taxes, increased stock-based compensation, and other compensation accruals. Additionally, base compensation and benefits costs attributable to new hires in our North San Luis Obispo County office, contributed to the increase in non-interest expense.

The increase in non-interest expense for the first quarter of 2026 compared to the same prior year period was primarily due to an $0.8 million increase in salaries and benefits expense attributable to new hires, including the North San Luis Obispo County team, net of terminations, along with higher incentive compensation, equity compensation, and related payroll taxes and benefit expenses.

Operating Efficiency

The Company's operating efficiency ratio decreased to 46.9% for the first quarter of 2026, compared to 47.5% for the first quarter of 2025, and increased compared to 41.8% for the linked quarter. Total non-interest expense as a percentage of average assets, another measure of the Company's efficiency, was 2.13% for the first quarter of 2026, compared to 2.01% for the first quarter of 2025, and 1.86% compared to the quarter ended December 31, 2025.

Income Taxes

Income tax expense was $3.0 million for the first quarter of 2026, compared to $2.9 million for the quarter ended March 31, 2025, and $3.4 million for the linked quarter ended December 31, 2025. The Company's effective tax rate for the first quarter of 2026 was 27.9%, compared to 28.8% for the same prior year period, and 29.1% for the quarter ending December 31, 2025.

Asset and Equity Returns

The return on average equity for the first quarter of 2026 was 13.8%, down from 15.0% for the same prior year period, and down from 14.9% for the linked quarter. The quarterly return on average assets for the first quarter of 2026 was 1.63%, up from 1.56% from the same prior year period, and down from 1.66% for the linked quarter.

The decline in the quarterly return on average equity for the quarter ended March 31, 2026, compared to the same prior year period, is primarily attributable to the growth in average equity outpacing the growth in quarterly net income, while the rise in quarterly return on average assets for the quarter ended March 31, 2026, is primarily attributable to growth in quarterly net income outpacing average asset growth. Compared to the same prior year period, average equity grew 16.7%, quarterly net income grew 7.0%, and average assets grew 2.11%.

The decline in quarterly returns on both average equity and average assets for the quarter ended March 31, 2026, compared to the linked quarter, is primarily attributable to the marginal decline in quarterly net income, combined with growth in quarterly average equity and a reduction in quarterly average assets.

Balance Sheet

Total assets increased by $37.0 million, or 2.0%, to $1.92 billion as of March 31, 2026, compared to March 31, 2025, and increased by $20.8 million, or 1.1%, compared to December 31, 2025. Cash and cash equivalents decreased by $150.9 million, or 50.2%, to $149.7 million as of March 31, 2026, compared to the same prior year period, and decreased by $3.6 million, or 2.4%, compared to December 31, 2025.

The decrease in the Company's cash position over the past year reflects robust loan growth, which outpaced deposit growth, along with the repayment of subordinated debentures. The decrease in the Company's cash position over the past quarter reflects continued strong lending activity, which outpaced deposit growth.

Investment securities decreased by $3.2 million or 1.3%, to $238.7 million as of March 31, 2026, compared to $241.9 million as of March 31, 2025, and decreased by $3.9 million, or 1.6%, compared to $242.7 million as of December 31, 2025. The decline in the investment securities portfolio over the past year primarily reflects normal repayment and amortization of the bond portfolio, net of a decline in unrealized losses on the investment securities portfolio attributable to market rate changes. During the year, the Company continued to selectively deploy excess liquidity into higher yielding investment securities. The decrease in the investment portfolio during the first quarter of 2026, compared to the linked quarter, reflected normal repayment and amortization of the bond portfolio and a marginal decline in unrealized losses on the investment securities portfolio attributable to market rate changes during the quarter.

Loans increased by $188.9 million, or 14.5%, to $1.49 billion as of March 31, 2026, compared to March 31, 2025, and increased by $27.0 million, or 1.8%, compared to December 31, 2025. Loan growth during the last year reflected a diversified mix across almost every loan category, offset only by contraction in agricultural production loans. Loan growth during the last quarter was concentrated in construction and land development, commercial real estate, and loans secured by farmland, with notable contractions in agricultural production and residential 1 to 4 family loans.

Total deposits increased by $15.8 million, or 1.0%, to $1.67 billion as of March 31, 2026, from $1.65 billion as of March 31, 2025, and increased by $11.7 million, or 0.7%, compared to December 31, 2025. Non-interest-bearing deposits increased by $20.3 million, or 3.2%, during the last year, and decreased by $15.8 million, or 2.4%, since December 31, 2025. The increase in deposits over the past year reflects an increase in average balances among existing customers, a declining account closure ratio, and stable new account openings. Non-interest-bearing deposits represented 38.8% of total deposits on March 31, 2026.

During the quarter ended June 30, 2025, the Company repaid $10 million of subordinated debentures at the end of their fixed term, resulting in a year over year decline in subordinated debentures.

Total shareholders' equity was $228.9 million as of March 31, 2026, an increase of $31.2 million, or 15.8%, compared to March 31, 2025, and an increase of $8.6 million, or 3.9%, compared to December 31, 2025, primarily due to quarterly earnings, net of changes in accumulated other comprehensive loss. The accumulated other comprehensive loss component of equity decreased by $3.7 million during the year, primarily reflecting a $5.3 million decline in unrealized losses on the investment securities portfolio. The accumulated other comprehensive loss component of equity decreased by $0.4 million during the quarter due to a decline in the unrealized losses on the interest rate swap contracts.

Allowance for Credit Losses and Credit Quality

The ACL as a percentage of gross loans decreased to 1.35% as of March 31, 2026, from 1.50% as of December 31, 2025, and 1.51% from March 31, 2025. The ACL as a percentage of gross loans decreased during the quarter, due to charge-offs of previously established specific reserves on individually analyzed loans, while the overall credit profile of the loan portfolio has remained stable over the past twelve months.

Nonperforming assets were $0.1 million as of March 31, 2026, down from $2.6 million as of December 31, 2025, and down from $0.9 million as of March 31, 2025. Nonperforming assets as a percentage of total assets were 0.01% as of March 31, 2026, down from 0.14% as of December 31, 2025, and down from 0.05% as of March 31, 2025.

Regulatory Capital

The Bank's reported regulatory capital ratio exceeded the ratio generally required to be considered a "well capitalized" financial institution for regulatory purposes. The Community Bank Leverage Ratio for the Bank was 12.19%, as of March 31, 2026, compared with the requirement of 9.00% to generally be considered a "well capitalized" financial institution for regulatory purposes. The Bank's Community Bank Leverage ratio has increased by 72 and 58 basis points, from 11.47% and 11.61%, as of the periods ended March 31, 2025, and December 31, 2025, respectively. During the past year, earnings growth outpaced the combined impact of growth in average assets and dividends paid by the Bank to the Company, resulting in an increase in the Bank's Community Bank Leverage ratio compared to the prior year.

Stock Repurchase Program and Stock Dividend

On October 27, 2025, the Company announced the extension of its plan Rule 10b5-1 (the "2022 10b5-1 Plan") to facilitate the repurchase of its common stock. Pursuant to the 2022 10b5-1 Plan, a maximum of $3.0 million of the Company's common stock may be repurchased by the Company. The 2022 10b5-1 Plan was set to expire on April 23, 2026, and has been extended for an additional 6 months through October 22, 2026. In connection with the extension, the Company has increased the Plan's authorized common stock repurchase amount by $1.95 million, bringing the total authorized repurchase to a maximum of $4.95 million. Remaining funds associated with the prior authorization will be removed from the Plan and the Company may suspend or discontinue the Plan at any time. Hilltop Securities, Inc. is acting as the Company's agent to purchase its shares on pre-arranged terms pursuant to the 2022 10b5-1 Plan. During the first quarter of 2026 the Company repurchased 1,650 shares under the 2022 10b5-1 Plan at an average price of $94.50. Since Plan inception the Company has repurchased 34,576 shares at an average price of $92.28.

Recognizing another year of strong performance and execution, the Company has declared a 5.00% stock dividend, which will be issued on June 1, 2026 ("the Effective Date"), to shareholders of record as of May 18, 2026 ("the Record Date"). The financial results, including earnings per share, and book value per share, reported in this press release have been adjusted to reflect the impact of the 5% stock dividend.

About Mission Bancorp and Mission Bank

With $1.9 billion in assets, Mission Bancorp is headquartered in Bakersfield, California and is the holding company of three wholly owned subsidiaries, Mission Bank, Mission 1031 Exchange, LLC, and Mission Community Development, LLC. Mission Bank has seven Business Banking Centers, serving the greater areas of Bakersfield, Lancaster, San Luis Obispo, Ventura, and Visalia, California. Visit Mission Bank online at www.missionbank.bank. By including the foregoing website address, Mission Bancorp does not intend to and shall not be deemed to incorporate by reference any material contained therein.

Forward Looking Statements

This press release includes "forward-looking statements," as such term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the current beliefs of the Company's directors and executive officers (collectively, "Management"), as well as assumptions made by and information currently available to the Company's Management. All statements regarding the Company's business strategy and plans and objectives of Management of the Company for future operations, are forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "expect" and "intend" and words or phrases of similar meaning, as they relate to the Company or the Company's Management, are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from the Company's expectations ("cautionary statements") are loan losses, rapid and unanticipated deposit withdrawals, unavailability of sources of liquidity, additional regulatory requirements that may be imposed on community banks or banks generally, changes in interest rates, loss of key personnel, lower lending limits and capital than competitors, regulatory restrictions and oversight of the Company, the secure and effective implementation of technology, risks related to the local and national economy, changes in real estate values, the Company's implementation of its business plans and management of growth, loan performance, interest rates, and regulatory matters, the effects of trade, monetary and fiscal policies, inflation, and changes in accounting policies and practices. Based upon changing conditions, if any one or more of these risks or uncertainties materialize, or if any underlying assumptions prove incorrect, actual results may vary materially from those described as anticipated, believed, estimated, expected, or intended. The Company does not intend to update these forward-looking statements.

MISSION BANCORP
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Dollars in thousands)

							Variance
			March 31, 2026	December 31, 2025	September 30, 2025	March 31, 2025	03/26 - 12/25	03/26 - 03/25
Assets
	Cash and due from banks		$ 49,126	$ 45,285	$ 45,853	$ 50,339	$ 3,841	$ (1,213)
	Interest earning deposits in other banks		100,536	107,983	207,788	250,205	(7,447)	(149,669)
		Total cash and cash equivalents	149,662	153,268	253,641	300,544	(3,606)	(150,882)
	Interest earning deposits maturing over ninety days		245	490	490	490	(245)	(245)
	Investment securities available-for-sale, at fair value		238,742	242,660	248,109	241,925	(3,918)	(3,183)
	Loans		1,487,673	1,460,676	1,416,607	1,298,780	26,997	188,893
	Allowance for credit losses		(20,122)	(21,909)	(20,799)	(19,580)	1,787	(542)
	Loans, net		1,467,551	1,438,767	1,395,808	1,279,200	28,784	188,351
	Premises and equipment, net		2,632	2,636	2,762	2,855	(4)	(223)
	Bank owned life insurance		22,694	22,534	22,372	22,054	160	640
	Deferred tax asset, net		15,187	15,346	15,027	16,046	(159)	(859)
	Interest receivable and other assets		27,493	27,754	28,575	24,119	(261)	3,374
Total Assets			$ 1,924,206	$ 1,903,455	$ 1,966,784	$ 1,887,233	$ 20,751	$ 36,973

Liabilities and Shareholders' Equity
	Deposits
		Noninterest-bearing demand	$ 647,042	$ 662,809	$ 671,285	$ 626,723	$ (15,767)	$ 20,319
		Interest bearing	1,021,068	993,554	1,057,847	1,025,549	27,514	(4,481)

Full story available on Benzinga.com

Uwharrie Capital Corp First Quarter 2026 - Earnings Release

PRNewswire — Mon, 27 Apr 2026 19:58:00 +0000

ALBEMARLE, N.C., April 27, 2026 /PRNewswire/ -- Uwharrie Capital Corp (OTCQX:UWHR) and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.25 billion at March 31, 2026, versus $1.20 billion at December 31, 2025.

Full story available on Benzinga.com

Burnham Holdings, Inc. Announces Results of the Annual Meeting Shareholders' Vote and Declares Dividend

PRNewswire — Mon, 27 Apr 2026 19:48:00 +0000

LANCASTER, Pa., April 27, 2026 /PRNewswire/ -- Burnham Holdings, Inc. (OTC:BURCA) ("BHI", the "Company", "we" or "our") today announced the results of the shareholder vote from today's Annual Meeting. In addition, the Company declared a dividend for both its common and preferred stock.

The Annual Meeting was held earlier today in Lancaster, PA, with shareholders voting favorably on two proposals:

The election of John W. Lyman ...

Full story available on Benzinga.com

Securities Fraud Investigation Into Globant S.A. (GLOB) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Business Wire — Mon, 27 Apr 2026 19:34:00 +0000

The Law Offices of Frank R. Cruz announces an investigation of Globant S.A. ("Globant" or the "Company") (NYSE: GLOB) on behalf of investors concerning the Company's possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON GLOBANT S.A. (GLOB), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is the Investigation About?

On February 20, 2025, Globant released its fourth quarter 2024 financial results, missing guidance and reporting a 1.3% decrease in Latin American revenue, stating that the "situation" in Latin America was "a little bit rocky . . . because of the political turmoil and different things that happened in Brazil and in Colombia, mainly."

On this news, Globant's stock price fell $58.45, or 27.8%, to ...

Full story available on Benzinga.com

Montfort Capital Corp. Announces Resignations from Board of Directors

PRNewswire — Mon, 27 Apr 2026 18:46:00 +0000

TORONTO, April 27, 2026 /CNW/ - Montfort Capital Corp. ("Montfort" or the "Company") (TSXV:MONT), announces that Janice Lederman and Paul Geyer have resigned from the Company's Board of Directors, effective April 26, 2026.

"We thank both Jan and Paul for their years of service as Montfort directors and committee members," said Howard Atkinson, Chair of the Board of Directors. "Their contributions to the Company have been meaningful."

The Company does not intend to appoint replacement directors at this ...

Full story available on Benzinga.com

Pacific Valley Bancorp Shows Continued Growth in Loans and Deposits and Improved Profitability in the First Quarter of 2026

PRNewswire — Mon, 27 Apr 2026 17:16:00 +0000

SALINAS, Calif., April 27, 2026 /PRNewswire/ -- Pacific Valley Bancorp (OTC:PVBK), the sole owner of Pacific Valley Bank, announced its unaudited financial results for the first quarter of 2026. Total assets increased 11.3% over the quarter ending March 31, 2025, to $627.8 million, total loans increased 7.7% to $529.4 million, and total deposits increased 12.0% to $536.6 million. Net income exceeded the quarter ending March 31, 2025, as higher interest income and lower interest expense offset higher non-interest expense.

FINANCIAL HIGHLIGHTS:

Net income for the quarter ending March 31, 2026, was $1.2 million, an increase of 49.7% or $385 thousand from the quarter ending December 31, 2025. The increase was primarily the result of higher overnight funds interest income, lower deposit interest expense, no loan loss provision, and lower consulting expenses, partially offset by lower loan interest income. Basic earnings per share for the quarter were $0.2, compared to $0.13 per share for the prior quarter in 2025.
Net interest margin for the quarter ending March 31, 2026, was 3.75%, compared with 3.86% for the quarter ending December 31, 2025, and 3.43% for the quarter ending March 31, 2025. The prior quarter benefited from loan prepayment penalties. The increase over the prior year quarter was due to higher loan interest income, flat deposit interest expense and lower borrowing expenses.
Gross loans grew by 7.7% or $37.8 million from March 31, 2025 to March 31, 2026, primarily due to increased C&I, agricultural real estate, and CRE loans.
Non-performing loans to gross loans for the quarter ending March 31, 2026, was 0.04% compared to 0.03% for the quarter ending March 31, 2025.
The Community Bank Leverage Ratio for the Company's subsidiary, Pacific Valley Bank, has been consistently strong. As of March 31, 2026, the ratio was 12.51%, compared to 12.74% on December 31, 2025, and 13.27% on March 31, 2025. The well capitalized regulatory requirement for this ratio is 9.00%.

"We are pleased to see an improvement in net income to $1.2 million in the first quarter of 2026 as we maintain growth in loans and deposits over the prior year quarter. Loans increased $38 million and deposits increased by $58 million from March 31, 2025. The cost of deposits for the first quarter of 2026 decreased to 1.82% compared to 1.96% in the fourth quarter of 2025, due to the continuing impact of Federal Reserve rate cuts," said Anker Fanoe, CEO.

"We are committed to an organic growth strategy for loans and deposits and have made a major investment in personnel to make that happen. There will be ebbs and flows in profitability as the growth materializes, but our goal is to increase long term, sustainable performance. As we grow, our momentum will increase and our efficiency will improve. I am pleased to announce we have completed the relocation of our Salinas branch office on 422 Main Street to a new, expanded location at 1097 South Main Street with a much-improved customer experience," stated CEO Fanoe.

"Our liquidity position remains strong, as our primary liquidity ratio (cash, deposits held in other banks, and securities as a percentage of total assets) was 14.0% on March 31, 2026, compared to 11.2% for the same month a year ago. As of March 31, 2026, on-balance sheet liquidity totaled $88 million and contingent liquidity, which includes borrowing capacity with the Federal Home Loan Bank, the Federal Reserve Bank, correspondent banks and brokered deposits, was $367 million. Our combined on-balance sheet liquidity and contingent liquidity amount to 142% of our uninsured deposits," said Steve Leen, Executive Vice President and CFO.

As of March 31, 2026, total assets were $627.8 million. Since March 31, 2025, total assets have increased $63.9 million or 11.3%, primarily because of an increase in loans and overnight funds. Since December 31, 2025, total assets have decreased by $82.4 million or 11.6%, primarily due to a decrease in overnight funds resulting from a large, seasonal, agricultural deposit.

The investment securities portfolio totaled $22.6 million as of March 31, 2026, $23.2 million as of December 31, 2025, and $24.4 million as of March 31, 2025; the unrealized losses in the portfolio were $0.2 million, $0.1 million, and $0.6 million for the comparable periods, respectively. The securities portfolio made up 3.6% of total assets and the unrealized loss was 1.0% of the investment portfolio as of March 31, 2026.

Total gross loans were $529.4 million as of March 31, 2026. Gross loans grew by 7.7% or $37.8 million from March 31, 2025 to March 31, 2026. Increased C&I, agricultural real estate, and CRE loans were the main components of the increase over the quarter ending March 31, 2025. The Company's loan portfolio decreased by $6.4 million or 1.2% during the quarter ending March 31, 2026 compared to the quarter ending December 31, 2025. Decreased agricultural loans were the main factor for the decline in loans from the quarter ending December 31, 2025.

As of March 31, 2026, total deposits were $536.6 million. Total deposits have increased by $57.5 million or 12.0% compared to the prior year quarter. The increase resulted from higher money market and checking accounts partially offset by lower interest checking accounts.

Shareholders' equity was $71.2 million on March 31, 2026, representing growth of $13.7 million or 23.7% over a year ago, primarily attributable to the Taylor Fresh Foods capital raise and increased retained earnings from net income. For the Company's subsidiary, Pacific Valley Bank, equity increased to $78.1 million on March 31, 2026, compared to $76.8 million on December 31, 2025. The Bank is classified as well capitalized with a Community Bank Leverage Ratio of 12.51%, significantly above the regulatory minimum of 9.00%.

Net Interest Income was $5.7 million for the quarter ending March 31, 2026, compared to $4.6 million for the quarter ending March 31, 2025. The increase resulted from higher interest income of $1.0 million and decreased interest expense of $72 thousand. Net interest margin for the first quarter of 2026 was 3.75% compared with 3.43% for the same period in 2025. The increase was the result of higher loan interest income, higher income from overnight funds and lower borrowing expenses.

No provision for credit losses was recorded in the quarters ending March 31, 2026 or March 31, 2025. The lack of provision for those periods reflects the quality of the Company's loan portfolio. The allowance for credit losses was 1.49% of gross loans as of March 31, 2026, compared to 1.55% as of December 31, 2025. Credit quality remains very strong; non-performing loans to gross loans as of March 31, 2026, was 0.04% compared to 0.03% as of March ...

Full story available on Benzinga.com

What's Going On With Rumble Stock Monday?

Lekha Gupta — Mon, 27 Apr 2026 16:17:22 +0000

Rumble Inc. (NASDAQ:RUM) shares are up on Monday. This news comes as the broader market is experiencing a mixed day, with major indices like the Nasdaq down 0.40% and the S&P 500 down 0.20%.

Last week, the company disclosed the launch of the OpenClaw Starter package on Rumble Cloud, which simplifies the deployment of personal AI agents.

OpenClaw Starter Launch

The OpenClaw Starter package includes essential features such as shared vCPUs, RAM, storage, and a public IP address. It makes it easier for users to run AI agents without complex setups.

This integration aims to cater to crypto-native communities and privacy-focused users, emphasizing Rumble’s commitment to a free and open internet.

Rumble CEO, Chris Pavlovski, said, “With OpenClaw on Rumble Cloud, users can deploy AI agents on neutral infrastructure, where control of compute, data, and experience, lays in the hands of the user.”

RUM Technical Analysis: Momentum And Key Support Levels

The broader market ...

Full story available on Benzinga.com

Z Squared Provides Additional Information on Previously Disclosed Pro Rata Distribution

PRNewswire — Mon, 27 Apr 2026 15:31:00 +0000

FORT LAUDERDALE, Fla., April 27, 2026 /PRNewswire/ -- Z Squared, Inc. (NASDAQ:ZSQR) ("Company") today issued supplemental information related to its previously announced business combination with Coeptis Therapeutics Holdings, Inc. and its pro rata dividend distribution related to Coeptis Therapeutics Holdings, Inc.'s pre-business combination biopharmaceutical business. The Company announced that the pro rata distribution of shares held by the Company in its subsidiary Coeptis Holdings, Inc. will be issued to shareholders of record on January 2, 2026, as previously disclosed. Each holder of record of the Company's common stock will receive one share of non-transferable Coeptis Holdings, Inc. common stock for every share held. The distribution will be effected today, April 27, 2026.

As previously announced, the Company's common stock is expected to commence trading on the Nasdaq Global Market under the ticker symbol "ZSQR" today, Monday, April 27, 2026 (CUSIP: 98878K108).

About Z Squared

Z Squared is a vertically integrated computing infrastructure company operating advanced computing equipment strategically distributed across North Carolina, South Carolina, and Iowa. The Company manages and optimizes a substantial fleet of specialized computing hardware, supported by dynamic power management strategies, real time analytics dashboards, and a comprehensive in house repair and lifecycle management program ...

Full story available on Benzinga.com