Century Next Financial Corporation, the holding company of Century Next Bank with $931.2 million in assets, reported third-quarter 2026 net income after tax of $4.55 million, up $283,000 or 6.6% from a year earlier. Diluted EPS was $2.41, compared with $2.30 a year earlier. For the nine months, net income reached $12.25 million, up 5.1%, while total deposits rose 6.3% to $806.4 million and net loans grew 4.3% to $672.7 million since December 31, 2025. Net interest income for the quarter was $10.49 million, up 5.1%, and no provision for credit losses was expensed in the quarter, compared with $265,000 a year earlier.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on manilatimes.net ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- Associated Banc ( ASB ) Q3 2026 Earnings Call Transcript
Associated Banc-Corp (ASB) reported Q3 2026 adjusted EPS of $0.81, excluding $13 million in acquisition-related expenses, with net interest margin at 3.20%, up 3 basis points from the prior quarter. Total loans reached $36.5 billion, up 18% year over year on the American National acquisition and organic growth, while core customer deposits reached $34.8 billion. The bank repurchased $100 million of shares during the quarter and guided to 20% to 22% C&I loan growth for full-year 2026. Net charge-offs fell to 19 basis points from 26 basis points, and the CET1 ratio was 10.38%. Management cited risks including energy market disruptions, persistent inflation, restrictive monetary policy and elevated CRE payoffs.
- Brazil's Bradesco Profit Up 14.6% to US$1.4B
Bradesco, one of Brazil's largest private banks, posted recurring profit of R$7.1 billion (about US$1.4 billion) in the third quarter, up 14.6% year on year and 0.8% from the second quarter, in line with analyst expectations. The bank said tight cost control offset slower lending income. However, loans more than 90 days overdue rose to 4.6% of the loan book from 4.3% in June, and provisions for expected losses reached R$10.6 billion (US$2.1 billion), up 24.3% from a year earlier and growing much faster than profit. Chief executive Marcelo Noronha said the credit market is more restricted, with high interest rates and a slowing economy. Bradesco also raised about R$10 billion (US$2 billion) from new shares to fund technology, sales efficiency and growth.
- Looking ahead , Huntington sees growth , warnings signs
Huntington expects 2027 earnings of $1.75 to $1.83 per share, while CEO Steve Steinour said high market volatility is a concern. Commercial-and-industrial loans grew 3% to $94 billion in the third quarter, offsetting declines in commercial real estate, residential mortgage and auto loans, which fell by a combined $872 million from June 30, 2026 levels. Third-quarter net income was $680 million, roughly level with $686 million in the second quarter, and adjusted EPS of $0.38 beat the $0.35 consensus estimate. The bank expects return on tangible common equity of 17% to 18%, above 14.6% in the quarter, but said uncertainty over tariffs, rate hikes and inflation means it will tread carefully. Jefferies analyst David Chiaverini characterized the results as 'mixed.'
- S&T Bancorp (STBA) Q3 2026 Earnings Call Transcript
S&T Bancorp (STBA) reported record third-quarter 2026 results, with diluted EPS of $1.09, up 19.8% year over year, supported by a 7 basis point rise in net interest margin to 4.06% and record revenue of nearly $108 million. Total portfolio loans were $8.05 billion at September 30, down $4.4 million as management prioritized profitability over volume, with C&I balances falling $51.1 million after several credits were exited due to credit deterioration and commercial real estate rising $64.8 million. Nonperforming assets declined $3.7 million to $36.5 million, while net charge-offs rose to $2.1 million from $1.0 million in the prior quarter. Fee income is expected to be $14 million to $15 million per quarter through 2027, and management expects the Durbin Amendment impact to be delayed until mid-2028 at the earliest because total assets did not cross $10 billion. Tangible book value rose $0.10 to $29.28 per share despite a $0.66 per-share hit from higher rates on the bond portfolio.
- Heritage Financial ( HFWA ) Q3 2026 Earnings Call Transcript
Heritage Financial (HFWA) reported Q3 net income of $18.7 million, or $0.46 per diluted share, up from $17.5 million, or $0.42, last quarter; adjusted diluted EPS was $0.55 after excluding $5.2 million in merger-related expenses. Net interest income rose 3.3% to $77.3 million, and net interest margin widened to 4.05% from 3.99%. Nonaccrual loans climbed $16.6 million to $32.1 million, mainly due to one $11.8 million transportation-sector relationship, while criticized loans reached 4.2% of total loans. Management guided to fourth-quarter operating expenses of $55 million to $56 million after the Kitsap Bank systems conversion, and the Board authorized a new 5% share repurchase program after the company bought back 341,000 shares for $10.2 million. The tangible common equity ratio declined to 9.3% from 9.7% due to higher unrealized losses on the investment portfolio.
Related markets
Latest news
- Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
As of Friday, 22 companies had filed objections to having their US stock listings tokenized on OKXICE, the proposed platform of a joint venture between OKX and Intercontinental Exchange (ICE), the parent company of the NYSE, according to Reuters. Wells Fargo, Arm Holdings and Intuit were the latest to object, joining Microsoft and Alphabet, which did so in the past week, and 6 more companies have reportedly objected. Of the 22 companies, 16 are listed on Nasdaq and 6 on the NYSE. The venture proposed tokenizing stocks of 62 companies when it filed with the SEC under the innovation exemption, while Nasdaq's September guidance warned that issuers must be cautious. OKXICE co-chair Andrew Cuomo said he expects more objections as companies avoid being the first to test the model.
- Affirm Lost Walmart to Klarna in 2025. Now It Has Sam's Club. Here's What Moves the Stock Before November 5
Affirm signed an exclusive, multi-year deal on October 22 to become Sam's Club's pay-over-time provider, and the stock closed down 1.51% at $72.40 that day. The deal comes about 19 months after Klarna replaced Affirm as Walmart's installment partner, though terms were not disclosed. Affirm's Sam's Club service will go live on SamsClub.com in the coming weeks and in clubs in 2027, so the September quarter will not include it. The article links recent weakness to rate fears: September consumer prices rose 3.7% from a year earlier, the 10-year Treasury yield closed at 5.19%, and Affirm fell more than 11.5% at one point. Goldman Sachs cut its target to $103 from $115 on October 13 while keeping a Buy rating, and the Street mean sat near $99 ahead of fiscal first-quarter results due November 5 and a Fed decision on October 28.
- Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel
Israeli Prime Minister Benjamin Netanyahu told Channel 10 that he has asked for a plan to use cryptocurrency and blockchain networks to help Israel get around possible banking sanctions, four days before the national election. He did not say who is drafting the plan, which currency or network it would use, or when it would be ready. He said U.S. defense aid will end, “only a question of time,” and that Israel must “prepare for a rainy day” beyond Trump; the current $3.8 billion-a-year deal expires in September 2028. The article notes that Russia’s ruble stablecoin A7A5 moved about $102 billion in its first year, before sanctions and a hack of its main exchange cut its daily volume by 96% from its peak. It also notes that blockchains are public and traceable, and that on July 1 Defense Minister Israel Katz signed sanctions orders on 37 crypto wallets.
- Weekly Wrap: Bitcoin Under Pressure As Market Volatility Intensifies
Bitcoin and other cryptocurrencies remain under pressure as technology stocks sell off over growing concerns about the AI trade, and the Nasdaq fell nearly 700 points, or 2.60%, on Oct. 22. Bitcoin was at $81,500 on Oct. 23, down 5% for October after gaining more than 40% in Q3, while crude oil traded above $115 per barrel. Strategy bought 267 BTC for $22.1 million, bringing its holdings to 848,517 BTC. Deposits in crypto lending vaults have topped $10 billion, more than double the $4 billion at the start of 2025. Visa is in talks to acquire Fireblocks for $2.5 billion, 69% below the $8 billion valuation applied in a January 2022 fundraise.
- Tesla Stock Lags Apple Because Of ‘Communications Problem,’ Says Investor Gary Black
Investor Gary Black, managing partner of The Future Fund LLC, argued that Tesla (TSLA) has a “communications problem” that undermines its credibility despite strong products, while Apple (AAPL) does not. He noted that over the past year Apple gained 33% while Tesla fell 17%, and over five years Apple rose 133% versus 9% for Tesla. Black called on Tesla to disclose how many customers keep their FSD subscriptions three to six months after free trials end, rather than only right after. He called the reported over 75% paid FSD sign-up rate on North American third-quarter deliveries “clearly inflated,” while RBC Capital analyst Tom Narayan has estimated 30-40% on a paid basis. Tesla said it has over 1.7 million paid FSD customers globally.
- Norwegian Cruise Line Holdings (NCLH) Could Be 20% Undervalued As JPMorgan Flags Yield Risk
JPMorgan downgraded Norwegian Cruise Line Holdings (NCLH) to Underweight ahead of its Q3 report, citing concern about possible pressure on net yield estimates for the second half of 2027. The stock has fallen 31.78% year to date and 33.82% over one year, though it rose 9.28% over the past month and closed at US$15.54. The most followed narrative assigns a fair value of $19.44, implying about 20% undervaluation, and expects fleet renewal to cut growth capex by about US$1b annually from 2028, which could free cash flow for deleveraging. A separate SWS DCF model estimates a future cash flow value of just $3.87, far below the share price, which the article frames as a question of whether reported earnings or long-term cash flows should be the yardstick.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.