PORT ANGELES, Wash., Jan. 29, 2026 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) ("First Northwest" or the "Company"), the holding company for First Fed Bank ("First Fed" or the "Bank"), today reported net income of $382,000 for the fourth quarter of 2025, compared to net income of $802,000 for the third quarter of 2025 and a net loss of $2.8 million for the fourth quarter of 2024. Ba...
PORT ANGELES, Wash., Jan. 29, 2026 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) ("First Northwest" or the "Company"), the holding company for First Fed Bank ("First Fed" or the "Bank"), today reported net income of $382,000 for the fourth quarter of 2025, compared to net income of $802,000 for the third quarter of 2025 and a net loss of $2.8 million for the fourth quarter of 2024. Basic and diluted income per share were $0.04 for the fourth quarter of 2025, compared to basic and diluted income per share of $0.09 for the third quarter of 2025 and basic and diluted loss per share of $0.32 for the fourth quarter of 2024. Management Outlook: "As we enter 2026, we are building on momentum that began in 2025," said Curt Queyrouze, President and Chief Executive Officer of First Northwest and First Fed. "Our focus is clear: to position First Fed as a high-performing bank by leveraging data to operate more efficiently, strengthening our core deposit base and generating high-quality, relationship-based loan growth. I am encouraged by the progress our team has made and believe we are well prepared for the year ahead. The First Fed team remains committed to serving our communities and delivering exceptional service." Other Announcements: First Fed will permanently close its Bellevue branch, located at 1100 Bellevue Way Northeast in Bellevue, Washington, on April 30, 2026. This decision reflects the Bank’s commitment to adapt to ongoing shifts in customer behavior toward digital banking services. "Customer preferences continue to evolve, and we are seeing that, for this location, the use of online and mobile banking services continues to become more prevalent than in-person visits," said Curt Queyrouze. "Closing this branch allows us to focus on streamlined delivery channels that are convenient, secure and bring innovative banking solutions to our markets." This closure is expected to reduce future annual operating expenses by approximately $900,000. First Fed purc...
00:00 Josh Long-time Apple watcher, Apple analyst that you are, Ben, what do you expect to hear? Not not just about the quarter, but what what do you think they they signal and suggest about the quarters ahead? 00:15 Ben Yeah. I mean, I think we still anticipate a strong quarter. There's been a ton of signs just showing that the demand is still uh been there for the latest generation iPhones. Agai...
00:00 Josh Long-time Apple watcher, Apple analyst that you are, Ben, what do you expect to hear? Not not just about the quarter, but what what do you think they they signal and suggest about the quarters ahead? 00:15 Ben Yeah. I mean, I think we still anticipate a strong quarter. There's been a ton of signs just showing that the demand is still uh been there for the latest generation iPhones. Again, to the degree that some of this is pull forward demand. I know that management, you know, doesn't doesn't believe that's the case. But are people concerned about, you know, raising prices of devices because of things they hear in the market, not just in, you know, inflation but memory, storage. So are they buying early, right? That's that's part of the question. 00:50 Ben Um, you know, regardless, we think that they're still going to have a strong quarter. and I think what most people will be interested in is what are the signals saying for uh the next couple of quarters. I think there's an anticipation of a lot of um new products coming from Apple in the spring quarter. um and obviously then right into the end of the year and there is a concern around, you know, memory prices and storage and so how they balance that with margins, I think people will be really, really curious about that. 01:21 Ben Are the, you know, impacting prices of memory and storage, you know, giving any signals to demand? So I think there'll be a lot of questions just hunting for some of those because there's a lot of angst in the industry largely that those price increases do hurt buying trends. 01:39 Josh What about the the Siri revamp, Ben, in March? What are your expectations there? What do you think that could mean in terms of the iPhone upgrade cycle? 01:50 Ben Yeah. I I think everybody's gotten a lot more optimistic. you know, to be honest, Josh, that it sounds like there's a partnership with Google, um for Gemini Flash, which, you know, I'm a big fan of. I've I've used Gemini a bit. I think...
It's hard not to view Rigetti's rise as a flash in the pan. There's no denying that some quantum computing stocks have delivered amazing returns for investors during the past few years. And Rigetti Computing (RGTI 1.39%) is a standout even among some of the most impressive gains, with the stock rising more than 2,400% since January 2023. But as we all know, all that glitters is not gold. There are...
It's hard not to view Rigetti's rise as a flash in the pan. There's no denying that some quantum computing stocks have delivered amazing returns for investors during the past few years. And Rigetti Computing (RGTI 1.39%) is a standout even among some of the most impressive gains, with the stock rising more than 2,400% since January 2023. But as we all know, all that glitters is not gold. There are some very good reasons to avoid Rigetti right now, even as its stock price surges. Here are three of them. 1. Rigetti has very little sales One glaring issue with buying Rigetti stock right now is that the company has virtually no sales. Fine, to be fair, it had $1.9 million in revenue in the first quarter. But that was down 18% from the year-ago quarter. Falling sales for a so-called growth stock is a big red flag. With such low sales, it shouldn't come as a surprise that Rigetti isn't profitable. The company reported a generally accepted accounting principles (GAAP) net loss of $201 million in Q3. So, when can investors expect Rigetti to turn things around and start generating meaningful revenue? Not until three to five years from now. That estimate is straight from Rigetti Chief Executive Officer Subodh Kulkarni in comments from the company's Q1 2025 earnings call: Really, the goal should be to get a quantum computer to Narrow Quantum Advantage. And that's really when commercial sales and sales in general start making sense. And we are talking at least three years from now, maybe four to five years from now. That's a heck of a long time for investors to wait for meaningful revenue to materialize. 2. Its shares are incredibly overpriced Even if you're a patient investor and you don't mind waiting for potential sales to materialize, it's important to point out that buying Rigetti right now while revenue is barely registering means you're paying an extremely high premium for the stock. Rigetti's shares have a price-to-sales (P/S) ratio of 824 right now, which is far more e...
Wall Street is weighing in on Tesla's better-than-expected fourth-quarter numbers. On Wednesday evening, Tesla reported an operating profit of $1.4 billion, about $200 million better than Wall Street projected. Better automotive profit margins drove the earnings beat, according to Goldman Sachs analyst Mark Delaney.
Wall Street is weighing in on Tesla's better-than-expected fourth-quarter numbers. On Wednesday evening, Tesla reported an operating profit of $1.4 billion, about $200 million better than Wall Street projected. Better automotive profit margins drove the earnings beat, according to Goldman Sachs analyst Mark Delaney.
So, I guess we can say that Coinbase’s business is growing. Does that mean it’s worth investing in? Well, to be honest, I’m not sure. If you believe in the future of crypto, then maybe. If you’re a skeptic, stay away. So, I was very excited to meet Sundance attendees from Coinbase (COIN), the Crypto exchange and financial services platform. The stock is down more than 50% since its high in late 20...
So, I guess we can say that Coinbase’s business is growing. Does that mean it’s worth investing in? Well, to be honest, I’m not sure. If you believe in the future of crypto, then maybe. If you’re a skeptic, stay away. So, I was very excited to meet Sundance attendees from Coinbase (COIN), the Crypto exchange and financial services platform. The stock is down more than 50% since its high in late 2025, and I was interested to hear how the people who work there are feeling. You see, I’ve worked for both kinds of companies, the ones that are growing and the ones that are in decline, and I’ll tell you that it’s more fun to work for the ones that are growing. The people I met at Coinbase seemed to be excited about their work. That’s a good sign, supported by the fact that Coinbase seems to be actively hiring. Similarly, Crypto investors had a rough year in 2025, despite early signs that digital currencies would rip higher all year. That didn’t put a damper on the industry that supports crypto. Trading volumes set new records, and interest among investors is at an all-time high, with institutions beginning to enter the market due to a friendly regulatory environment. This year, there are supposed to be 70,000 people in attendance at Sundance, which is about 15,000 below last year. So, by this measure, the marketing side of the economy is a little light. What does this have to do with investing? Well, I’m visiting family who, luckily, live in Park City, Utah, within range of what is normally the best skiing in the world. The silver lining to my no-ski visit is that I’m here during Sundance, the movie festival that brings out tens of thousands of movie fans as well as creatives and agency folks who make, among other things, those commercials that you and I watch during the Super Bowl. When these people are flush with cash, it means that industries are confident that they can get you and me to buy their products. It’s a terrible year to be a skier. Sure, if you’re in Vermont,...
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Elon Musk has long insisted Tesla isn't a car company. After its latest earnings, it looks less like one than ever. The billionaire told investors that Tesla would scrap its Model S and X EVs and convert their production lines to build the company's Optimus humanoid robot, as it continues ...
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Elon Musk has long insisted Tesla isn't a car company. After its latest earnings, it looks less like one than ever. The billionaire told investors that Tesla would scrap its Model S and X EVs and convert their production lines to build the company's Optimus humanoid robot, as it continues to shift toward AI and robotics. Tesla also said it had agreed to invest $2 billion in xAI and to evaluate "potential AI collaborations" with Musk's AI startup. It came as the company's financial disclosures painted a stark picture of the troubles facing its EV business, which saw sales decline for the second year in a row in 2025. Tesla beat Wall Street's expectations, but reported its first-ever decline in annual revenue and said profits fell by 46% last year, while revenue from car sales fell by 11% year-over-year in the last quarter. Tesla is scrapping its Model X and S EVs to free up production lines for its Optimus robot. Christoph Soeder/picture alliance via Getty Images Executives largely shrugged off the headwinds, with Musk and other top employees reiterating in the analyst Q&A their belief that autonomous vehicles will shortly render traditional forms of transport obsolete. "The vast majority of miles traveled will be autonomous in the future," said Musk, in response to an investor question asking about Tesla's plans to launch new models. "I'm just guessing, but probably less than 5% of miles driven will be where somebody's actually driving the car themselves in the future, maybe as low as 1%," he added. Investors reacted positively, with Tesla shares rising around 3% after hours following earnings. The reaction is another sign of how, for many investors, vehicle sales have become a sidenote to Tesla's future, as the company executes an ambitious shift toward a new business model built on robotics, AI, and software services. "They're definitely moving away from a...
Lazard ( LAZ ) said on Thursday it has appointed Tracy Farr as its CFO, effective Feb. 1, 2026. Farr has more than 20 years of finance experience, including over a decade at Lazard, where he most recently served as a managing director. Before joining Lazard, he was a certified public accountant and consultant at EY and a researcher at the Financial Accounting Standards Board. Farr succeeds Mary An...
Lazard ( LAZ ) said on Thursday it has appointed Tracy Farr as its CFO, effective Feb. 1, 2026. Farr has more than 20 years of finance experience, including over a decade at Lazard, where he most recently served as a managing director. Before joining Lazard, he was a certified public accountant and consultant at EY and a researcher at the Financial Accounting Standards Board. Farr succeeds Mary Ann Betsch , who will serve as a senior advisor to help complete the transition. Betsch joined Lazard in 2022 and has played a key role in strengthening the firm’s financial operations and enhancing its reporting and planning functions. More on Lazard Lazard: Implied Value For The Advisory Business A Bit Steep Given Growth Lazard, Inc. (LAZ) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript Lazard beats Q4 estimates Lazard Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Lazard
ASphotowed/iStock Editorial via Getty Images Caterpillar Inc. ( CAT ) shares rose 3.8% in premarket trading Thursday after the company reported quarterly results that beat Wall Street expectations, helped by strength in its power and energy business as data center demand lifted power generation sales. The maker of heavy machinery said fourth-quarter sales rose to $19.1 billion, up 18% from $16.2 b...
ASphotowed/iStock Editorial via Getty Images Caterpillar Inc. ( CAT ) shares rose 3.8% in premarket trading Thursday after the company reported quarterly results that beat Wall Street expectations, helped by strength in its power and energy business as data center demand lifted power generation sales. The maker of heavy machinery said fourth-quarter sales rose to $19.1 billion, up 18% from $16.2 billion a year earlier, and above the consensus estimate of $17.76 billion. Earnings adjusted for one-time items were $5.16 a share, ahead of analysts’ expectation for $4.71 a share. Net income fell to $2.46 billion, or $5.12 a share, from $2.75 billion, or $5.78 a share. Caterpillar ( CAT ) said operating profit margin was 13.9% in the quarter, down from 18.0% a year earlier, reflecting higher manufacturing costs and restructuring charges. Adjusted operating profit margin was 15.6%, compared with 18.3% in the year-earlier period. “Our centennial year marked a significant milestone, underscored by the highest full-year sales and revenues in Caterpillar’s history and a single-quarter record of $19.1 billion,” Chief Executive Joe Creed said in the earnings release. Power & energy growth led by data center engines Caterpillar Inc. ( CAT ) said power and energy sales climbed 23% to $9.4 billion. Within that segment, power generation revenue jumped 44% to $3.24 billion, driven by higher sales of large reciprocating engines that the company said were primarily tied to data-center applications. The segment also benefited from higher turbine and turbine-related services sales, along with gains in oil and gas. Power and energy segment profit rose 25% to $1.84 billion, with Caterpillar ( CAT ) citing higher sales volume and favorable price realization, partly offset by higher manufacturing costs that it said primarily reflected the impact of higher tariffs. Caterpillar ( CAT ) said consolidated sales were higher across its three primary segments. Construction Industries sales rose 15%...
"Mohammad Kabir did so by trying to get her to come with him - which is the attempted abduction of a child - and also grabbing her by the neck, strangling her," he said.
"Mohammad Kabir did so by trying to get her to come with him - which is the attempted abduction of a child - and also grabbing her by the neck, strangling her," he said.
Volkswagen intends to roll out 20 new electrified models in China this year. Credit: josefkubes / Shutterstock.com Volkswagen plans to ship more China-built vehicles abroad to offset domestic pressures and exploit lower manufacturing costs. The German group has already started exporting cars from China to the Middle East and Southeast Asia, and is weighing sales of newly developed Chinese models i...
Volkswagen intends to roll out 20 new electrified models in China this year. Credit: josefkubes / Shutterstock.com Volkswagen plans to ship more China-built vehicles abroad to offset domestic pressures and exploit lower manufacturing costs. The German group has already started exporting cars from China to the Middle East and Southeast Asia, and is weighing sales of newly developed Chinese models in Africa and South America, chief executive Oliver Blume told Bloomberg. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more The move comes as the company reorganises its Chinese operations to better compete with domestic electric vehicle producers led by BYD, including relocating more research and development work locally and forming a software partnership with Xpeng. Volkswagen intends to roll out 20 new electrified models in China this year as it seeks to recover from a slump that cut deliveries to about 2.7 million last year, down from more than four million before the pandemic. The downturn has hit Porsche particularly hard, with sales sliding sharply amid softer demand for luxury cars. Porsche manufactures solely in Europe and has encountered trade obstacles in both the US and China, while Volkswagen is prioritising a new electronics architecture created with Xpeng to match local customer tastes. Production has begun on the first model using the platform, although the company has not revealed pricing for the ID. UNYX 07 electric sedan due to reach customers later this year. Alongside its China strategy, the group is restructuring more broadly in response to subdued demand there, US tariffs and uneven European sales, including reducing its workforce and expanding its hybrid range. According to the report, Volkswagen expects 2026 to serve as a transition year in China, aiming to grow electrified vehicle sales without necessarily increasing overall volu...
Now, the government has said a flat-rate compensation scheme for those affected would "cost up to £10.3bn and would simply not be right or fair given it would be paid to the vast majority who were aware of the changes".
Now, the government has said a flat-rate compensation scheme for those affected would "cost up to £10.3bn and would simply not be right or fair given it would be paid to the vast majority who were aware of the changes".
Dover press release ( DOV ): Q4 Non-GAAP EPS of $2.51 beats by $0.02 . Revenue of $2.1B (+8.8% Y/Y) beats by $10M . In 2026, Dover expects to generate GAAP EPS in the range of $8.95 to $9.15 ($10.63 consensus) (adjusted EPS of $10.45 to $10.65), based on full year revenue growth of 5% to 7% (organic growth of 3% to 5%). More on Dover Dover Offers A Good Story, But Growth Needs To Pick Up (Rating D...
Dover press release ( DOV ): Q4 Non-GAAP EPS of $2.51 beats by $0.02 . Revenue of $2.1B (+8.8% Y/Y) beats by $10M . In 2026, Dover expects to generate GAAP EPS in the range of $8.95 to $9.15 ($10.63 consensus) (adjusted EPS of $10.45 to $10.65), based on full year revenue growth of 5% to 7% (organic growth of 3% to 5%). More on Dover Dover Offers A Good Story, But Growth Needs To Pick Up (Rating Downgrade) Dover Corporation (DOV) Presents at UBS Global Industrials and Transportation Conference - Slideshow Dover Corporation (DOV) Presents at UBS Global Industrials and Transportation Conference Transcript Dover Q4 2025 Earnings Preview Dover added as a new long idea at Hedgeye
Tractor Supply press release ( TSCO ): Q4 GAAP EPS of $0.43 misses by $0.03 . Revenue of $3.9B (+3.4% Y/Y) misses by $90M . The Company opened 31 new Tractor Supply stores and one new Petsense by Tractor Supply store in the fourth quarter of 2025. Fiscal Year 2026 Financial Outlook The Company is providing its financial guidance for fiscal 2026. This outlook is based on what the Company can reason...
Tractor Supply press release ( TSCO ): Q4 GAAP EPS of $0.43 misses by $0.03 . Revenue of $3.9B (+3.4% Y/Y) misses by $90M . The Company opened 31 new Tractor Supply stores and one new Petsense by Tractor Supply store in the fourth quarter of 2025. Fiscal Year 2026 Financial Outlook The Company is providing its financial guidance for fiscal 2026. This outlook is based on what the Company can reasonably predict at this time. For fiscal 2026, the Company expects the following: Net Sales +4% to +6% (estimated growth of 6.29% Y/Y) Comparable Store Sales +1% to +3% Operating Margin Rate 9.3% to 9.6% Net Income $1.11 billion to $1.17 billion Earnings per Diluted Share $2.13 to $2.23 (consensus of $2.30) Capital Expenditures, Net of Sale Leaseback Proceeds $675 million to $725 million Share Repurchases $375 million to $450 million Click to enlarge The Company’s capital plans for 2026 include opening approximately 100 Tractor Supply stores, continuing Project Fusion remodels and garden center transformations, completion of its 11 th distribution center and continued investment in store and digital technology. More on Tractor Supply Tractor Supply: Good Growth Prospects At Reasonable Valuation (Rating Upgrade) Tractor Supply: A Better Business Than I Expected, But Not At This Price Tractor Supply Q4 2025 Earnings Preview Tractor Supply traffic soars ahead of massive winter storm Seeking Alpha’s Quant Rating on Tractor Supply
sefa ozel/iStock via Getty Images Investment Thesis Today we’re covering an LNG shipping company by the name of FLEX LNG ( FLNG ). I’ve covered shipping companies before on Seeking Alpha. Some of these companies include Nordic American Tankers ( NAT ) or DHT Holdings ( DHT ). Both of these companies have enjoyed their share prices rising a decent bit since I wrote about them, up 11.6% and 9.61% , ...
sefa ozel/iStock via Getty Images Investment Thesis Today we’re covering an LNG shipping company by the name of FLEX LNG ( FLNG ). I’ve covered shipping companies before on Seeking Alpha. Some of these companies include Nordic American Tankers ( NAT ) or DHT Holdings ( DHT ). Both of these companies have enjoyed their share prices rising a decent bit since I wrote about them, up 11.6% and 9.61% , respectively. It’s one of the preferred industries right now to cover, as the day rates have skyrocketed as a result of global uncertainties and instability. It means these companies are generating far more revenues than before, but interestingly, the demand is still very high, which means that the chance of a rapid fall in dayrates in the near term or even medium term looks small, in my opinion. For the income investor, this is one of the most solid shipping companies out there right now, I think. With great revenue visibility, strong cash flow yield, and a cash reserve able to support the dividend for decades if operations remain the same. This ultimately means that investors will be able to realize a 10% yield per year at least, which for me is well worth it right now. You get all the benefits of a strong industry, but with much less volatility because of the nature of FLNG’s contracting. Rating the stock a Strong Buy. Business Model So FLNG is a shipping company. It's purely on LNG shipping and has a fleet of 13 different vessels. The main difference between this and some of the other shipping companies I’ve covered is that the fleet age is incredibly young for FLNG. The oldest is only from 2018, and the youngest is from 2021 . It means the range is quite tight, but in terms of revenues, we can often allocate younger vessels to higher premium revenues because of their reliability. Fleet Overview (FLNG Investor Presentation) Capacity-wise, the vessels are very similar at 173,000 - 174,000m3 and most of the contracting done is with large established LNG producers like Che...
JHVEPhoto/iStock Editorial via Getty Images Shares of Thermo Fisher Scientific ( TMO ) gained in the premarket on Thursday after the Waltham, Massachusetts-based healthcare giant reported better-than-expected results for Q4 2025, thanks mainly to its Life Sciences Solutions segment. Thermo ( TMO ) posted $6.57 of adjusted earnings per share on $12.2B in revenue for the quarter, indicating ~8% YoY ...
JHVEPhoto/iStock Editorial via Getty Images Shares of Thermo Fisher Scientific ( TMO ) gained in the premarket on Thursday after the Waltham, Massachusetts-based healthcare giant reported better-than-expected results for Q4 2025, thanks mainly to its Life Sciences Solutions segment. Thermo ( TMO ) posted $6.57 of adjusted earnings per share on $12.2B in revenue for the quarter, indicating ~8% YoY and ~7% YoY growth, respectively, exceeding the consensus by $0.12 and $320M and marking the company’s fifth consecutive earnings double beat. In terms of segments, revenue from the Life Sciences Solutions segment stood at $2.9B with ~13% YoY growth, an acceleration from ~8% YoY growth in the preceding quarter. In comparison, Laboratory Products and Biopharma Services added $6.3B with ~8% YoY growth. TMO’s other two segments, Analytical Instruments and Specialty Diagnostics, generated $2.2B and $1.2B to the topline with ~1% YoY and ~5% YoY growth, respectively. Meanwhile, Thermo’s ( TMO ) GAAP operating margin improved 80 bps from the prior year period to 18.5%, while its net income rose ~8% YoY, indicating $5.21 in GAAP earnings per share for the quarter. As for 2025, the company recorded $22.87 of adjusted EPS on $44.56B in revenue with ~5% YoY and ~4% YoY growth, respectively. “Thanks to our exceptional team, we delivered a strong finish to 2025, reflecting outstanding execution and the continued strength of our proven growth strategy,” CEO Marc Casper remarked ahead of the earnings call at 8:30 a.m. ET, during which the company provides its annual outlook. More on Thermo Fisher Scientific Thermo Fisher Scientific Inc. (TMO) Presents at 44th Annual J.P. Morgan Healthcare Conference - Slideshow Thermo Fisher Scientific Inc. (TMO) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Thermo Fisher: Refinding Some Momentum Thermo Fisher Scientific Q4 2025 Earnings Preview Earnings week ahead: TSLA, META, MSFT, AAPL, T, BA, V, MA, GM, CVX, XOM, and more
L3Harris Technologies press release ( LHX ): Q4 Non-GAAP EPS of $2.86 beats by $0.10 . Revenue of $5.6B (+1.8% Y/Y) misses by $160M . Orders of $27.5 billion; book-to-bill of 1.3x FY26 Non-GAAP EPS of $12.39 2026 Guidance Revenue Space & Mission Systems ~$11.5B Communication & Spectrum Dominance ~$8.0B Missiles Solutions ~$4.4B Total 3 $23B - $23.5B Segment Operating Margin Space & Mission Systems...
L3Harris Technologies press release ( LHX ): Q4 Non-GAAP EPS of $2.86 beats by $0.10 . Revenue of $5.6B (+1.8% Y/Y) misses by $160M . Orders of $27.5 billion; book-to-bill of 1.3x FY26 Non-GAAP EPS of $12.39 2026 Guidance Revenue Space & Mission Systems ~$11.5B Communication & Spectrum Dominance ~$8.0B Missiles Solutions ~$4.4B Total 3 $23B - $23.5B Segment Operating Margin Space & Mission Systems mid 10% Communication & Spectrum Dominance ~25% Missiles Solutions mid 12% Total low 16% Diluted EPS $11.30 - $11.50 Free cash flow $3.0B Click to enlarge More on L3Harris Technologies L3Harris Technologies: Too Important To Fail, But Not A Buy At Any Price L3Harris Enters The Arsenal Of Freedom, But It's Overvalued (Rating Downgrade) L3Harris Technologies, Inc. (LHX) Discusses Strategic Partnership With Department of War to Expand Missile Solutions Capacity Transcript L3Harris Technologies Q4 2025 Earnings Preview L3Harris Technologies raises quarterly dividend by 4.2% to $1.25/share
Supatman/iStock via Getty Images Shares of Pathward Financial ( CASH ) have been a moderate performer over the past year, gaining about 7%. The stock has spiked to a 52-week hugh over the past week as investors digested an encouraging earnings release. Shares have faced some pressure as credit quality has weakened. The company has a fairly unique loan book, and it has exposures to segments of the ...
Supatman/iStock via Getty Images Shares of Pathward Financial ( CASH ) have been a moderate performer over the past year, gaining about 7%. The stock has spiked to a 52-week hugh over the past week as investors digested an encouraging earnings release. Shares have faced some pressure as credit quality has weakened. The company has a fairly unique loan book, and it has exposures to segments of the credit market like warehouse and working capital financing that caused issues for private credit companies and banks during Q3. Fortunately, CASH has been a long-time player in this space, and that appears to be insulating the company from pressures being felt by newer entrants. With shares trading less than 10x 2026 EPS guidance, now is a good time to see if Pathward is attractive or if there are risks to the outlook. Seeking Alpha In the company’s fiscal first quarter , Pathward Financial earned $1.57, which beat estimates by $0.19. This was up 28% from last year, and the company generated an excellent 26.7% return on tangible equity. We saw the company generate strong loan growth as it pivots its portfolio towards commercial loans following a portfolio sale. While margin trends are encouraging, credit quality is an area of concern that is likely to limit upside. Pathward has $6.4 billion of deposits, down $170 million from last year. This decline was primarily due to year end timing around custodial deposits. On a quarterly average basis, deposits were actually up 1% year over year, and I expect to see modest sequential deposit growth in fiscal Q2. Including the impact of variable card processing fees, CASH’s cost of deposits is 1.49%. 118bps of this cost is tied to these card pricing fees, which are priced off of fed funds and reprice immediately, giving the bank’s funding costs a consistent correlation with short-term rates that helps to insulate margins to a degree from Fed policy changes. Pathward Financial Loan balances grew about $440 million from a year ago to $4....