Merchants Bancorp reported a 106% year-on-year increase in net income for the second quarter of 2026, driven by an 83% drop in credit provisions. The bank achieved record highs in asset base and loan growth, particularly in multi-family housing and mortgage warehouse lending. Despite non-performing loans remaining above optimal levels, the bank offers a growing dividend and an aggressive $100 million share buyback. Its shares trade at a 15% discount to the sector median price-to-tangible book value, making it an attractive buy opportunity.
MediaAlpha reported a 26% revenue increase in Q2 and raised its Q3 guidance, targeting $90-100 million free cash flow by 2026. Despite concerns like CFO turnover and insider selling, the company’s valuation at 6.1x 2026 EBITDA suggests a favorable ri...
Bitcoin briefly approached $87,000 early Monday, just below its September 21 peak of $87,397, before dropping below $86,000. This price movement followed the release of US employment data showing 29,000 jobs added in September and a 4.2% unemployment...
Advanced Gold Exploration Inc. has signed a non-binding memorandum of understanding to acquire North American Silver Corporation and Centennial Mining, which own the Corcoran Canyon and Belmont silver-gold properties in Nevada. These properties have ...
Sonic's price is forming a bullish cup and handle pattern, suggesting a potential breakout to $0.049 or $0.0586 if it surpasses the neckline resistance. Key indicators like the MACD are close to confirming a bullish trend with a possible golden cross...
Xylem, a water and wastewater industrial company, is rated a 'buy' as its shares currently trade 10-18% below a conservative fair value estimate. The company shows robust fundamentals including steady organic demand, strategic acquisitions expected t...
