Southern Missouri Bancorp (SMBC) has increased its tangible book value per share by over $16 in four years, with shares up about 60% since 2022. The bank's Q2 results show strong net interest income growth, a low payout ratio under 15%, and rapid expansion of tangible book value per share. SMBC trades at a premium valuation of nearly 1.7 times tangible book value and 11-12 times expected earnings, justified by robust earnings retention. Management expects loan growth to moderate to mid-single digits in FY27 from 7% in FY26 and anticipates improving asset quality in the coming quarters.
Thungela Resources saw its shares rise up to 11% after reporting stronger first-half 2026 results, including a 6% increase in export saleable production to 8.5 million tonnes and a 2% revenue rise to R15.2 billion (£699 million). Adjusted EBITDA near...
Consumer confidence in the U.S. remains near decade lows despite record highs in AI-driven stocks. While investors are moving money out of cash, capital is flowing into AI-focused equities and tokens rather than bitcoin, which trades at about half it...
Blockstream has introduced Blockstream Swaps, a new service enabling users to move funds trustlessly between Bitcoin's mainchain, Lightning Network, and Liquid sidechain using atomic swaps. This launch follows the recent suspension of Boltz, a compet...
Vipshop Holdings Limited, a major off-price retailer in China, will announce its financial results for the second quarter of 2026 on August 25 before the US market opens. The company will host a conference call at 7:30 am US Eastern Time (7:30 pm Bei...
Arizona Eagle Mining Corp. has completed the acquisition of 62 acres hosting three past-producing high-grade silver mines—Arizona National, Lookout, and Silver Belt—near its McCabe gold-silver deposit in Arizona. These mines, dormant for nearly 100 y...
