First Internet Bancorp is improving its net interest margins with management forecasting steady quarterly gains through the end of the year. Loan loss provisions are expected to decline in the second half, supporting a projected earnings per share (EPS) increase of over 100% compared to the first half. The company aims for an EPS above $4 next year. Despite selling his shares for liquidity, the analyst maintains a Buy rating on the stock due to the positive margin and earnings outlook and continues to hold the bank's baby bonds yielding about 8.1% until 2029, viewing them as a good risk/reward option.
Summit Midstream Corp is set for significant growth, aiming to nearly double its EBITDA by 2029 through the expansion of its Double E pipeline and improved balance sheet management. Despite carrying $1.23 billion in debt, the company maintains a stro...
A Bitcoin wallet holding 30 BTC, untouched since August 2011, was moved after nearly 15 years, realizing a gain of over 700,000%. The coins, part of the 'Noah Doe' set, are now worth about $1.88 million at current prices. This movement is notable as ...
H&R Block reported a strong quarter with 6% growth in EBITDA and 5.3% revenue growth, overcoming concerns about AI disrupting its business. The company's assisted tax segment performed best in three years, with paid filers declining less than 1%, whi...
Palantir Technologies' stock dropped about 7% over the past year, falling from $139 to $129.30 per share, despite the company reporting record revenue growth of 85% year-over-year and improved profitability. The company’s strong U.S. commercial and g...
Cheniere Energy Partners reported a 20.4% revenue increase in Q1, driven by strong pricing power and stable long-term contracts despite some margin pressure and derivative losses. The company plans to expand its Sabine Pass facility with Train 7, pot...
