ICU Medical Announces Time of First Quarter 2026 Earnings Conference Call

SAN CLEMENTE, Calif., April 23, 2026 (GLOBE NEWSWIRE) — ICU Medical, Inc. (Nasdaq: ICUI), a leader in the development, manufacture and sale of innovative medical products, today announced the time of its first quarter 2026 earnings release and conference call.

The Company will release its first quarter 2026 results on Thursday, May 7, 2026 at approximately 4:00 p.m. ET (1:00 p.m. PT) and will be conducting a conference call concerning those results at 4:30 p.m. ET (1:30 p.m. PT) on Thursday, May 7, 2026. The call can be accessed at 1-800-343-4136, conference ID “ICUMED”. The conference call will be simultaneously available by webcast, which can be accessed by going to the Company’s website at www.icumed.com, clicking on the Investors tab, clicking on the Webcast icon and following the prompts. The webcast will also be available by replay.

About ICU Medical

ICU Medical (Nasdaq: ICUI) is a global leader in infusion systems, infusion consumables and high-value critical care products used in hospital, alternate site and home care settings. Our team is focused on providing quality, innovation and value to our clinical customers worldwide. ICU Medical is headquartered in San Clemente, California. More information about ICU Medical can be found at www.icumed.com.

CONTACT:
ICU Medical
Brian Bonnell, Chief Financial Officer
(949) 366-2183

ICR, Inc.
John Mills, Managing Partner
(646) 277-1254

Source: ICU Medical, Inc.



Aether Holdings Launches OpenTicker, an Open-Source Framework for Building and Running Automated Trading Strategies

NEW YORK, NY, April 23, 2026 (GLOBE NEWSWIRE) — Aether Holdings, Inc. (Nasdaq: ATHR) (“Aether” or the “Company”), an emerging financial technology holding company developing data-driven platforms and media assets for investors, today announced the launch of OpenTicker, an open-source framework designed to help traders and developers build, manage, and run automated trading workflows across all asset classes.

OpenTicker is a configurable trading platform that combines a local control plane, market data and execution integrations, and built-in recovery tools in one operating environment for those who want a more flexible foundation.

The platform gives users a more transparent and configurable way to set up strategies, track positions, and review activity as trades happen, rather than relying entirely on closed, black-box systems. It also supports integrations with brokerage and market-access infrastructure such as Alpaca, helping traders move from development and testing to automated execution with clarity.

“Many traders still manage their workflows through a fragmented mix of apps, alerts, and spreadsheets,” said Aether CEO Nicolas Lin. “OpenTicker is designed to bring that mix into one unified platform where users can build strategies, monitor activity and automate execution while maintaining greater transparency and control.”

“We believe this kind of open and configurable infrastructure can serve as a foundation for increasingly intelligent, agent-driven workflows over time.”

Mr. Lin added that OpenTicker reflects Aether’s broader strategy of building investor-focused tools and technology that make modern trading more transparent, accessible, and effective.

As an open-source platform, OpenTicker invites traders and developers to explore, use, and contribute to its continued development.

The platform is now available atopenticker.com. Source code, documentation, and contribution guidelines are available on GitHub athttps://github.com/Aether-Grid/openticker.

About OpenTicker

OpenTicker is an open-source platform published by Aether Holdings for development, research, testing, and educational use. Built in Rust, OpenTicker is designed to help traders configure, monitor, and run automated trading strategies across markets through a local-first control environment. The platform includes a unified dashboard and HTTP control plane, paper mode by default, configurable bot architecture, risk supervision, and journal-backed recovery. Additional information is available at OpenTicker.com.

About Aether Holdings, Inc.

Aether Holdings, Inc. (Nasdaq: ATHR) is a financial technology holding company committed to advancing the manner in which investors access, analyze, and act upon market information. By combining advanced analytics, data science, and user-centric design, Aether provides solutions that enable both individual and institutional investors to make informed and confident decisions. Through its market intelligence platforms and curated financial newsletters, Aether delivers real-time insights and comprehensive trend analysis, converting complex financial data into clear, practical guidance. These tools support investors in identifying opportunities, managing risk, and maintaining a strategic advantage in evolving markets. With a focus on innovation, transparency, and thought leadership, Aether Holdings, Inc. is dedicated to enhancing the investing experience and delivering sophisticated, actionable insights across the global financial ecosystem.

For more information, visithttps://helloaether.com.

For further information, please contact:
Email: [email protected]
Phone: (347) 726-8898

Please Follow Our Social Media Here:
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Cautionary Note Regarding Forward-Looking Statements

This news release and statements of Aether’s management and those of Aether’s business collaborators in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “seek”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would”, “aim” or “may” and derivatives of such words or other words of similar meaning.

In this press release, forward-looking statements relate to the anticipated benefits of Aether’s launch of OpenTicker, the development and commercialization of OpenTicker, and Aether’s broader business plans and goals as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to Aether’s ability to adequately market its products and services, and to develop or acquire additional products and product offerings (including AI-models based on newsletter data); (ii) risks related to intense competition in the fintech and financial newsletter sector; (iii) risk related to artificial intelligence and machine learning; (iv) the inability of Aether to maintain and protect its reputation for trustworthiness and independence; (v) the inability of Aether to attract new users and subscribers, convert free users to paying subscribers and otherwise sell or monetize the fintech products it is developing; (vi) similar risks and uncertainties associated with operating a relatively small business a rapidly evolving and competitive industry.

Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and Aether therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and athttps://investor.helloaether.com/#sec-filings. Aether does not undertake to update any forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.



HomeTrust Bancshares, Inc. Announces Financial Results for the First Quarter of the Year Ending December 31, 2026 and an Increase in the Quarterly Dividend

ASHEVILLE, N.C., April 23, 2026 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NYSE: HTB) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced preliminary net income for the first quarter of the year ending December 31, 2026 and an increase in its quarterly cash dividend.

For the quarter ended March 31, 2026 compared to the quarter ended December 31, 2025:

  • net income was $16.8 million compared to $16.1 million;
  • diluted earnings per share (“EPS”) were $0.99 compared to $0.93;
  • annualized return on assets (“ROA”) was 1.55% compared to 1.44%;
  • annualized return on equity (“ROE”) was 11.35% compared to 10.63%;
  • net interest margin was 4.31% compared to 4.20%;
  • provision for credit losses was $370,000 compared to $2.1 million;
  • quarterly cash dividends continued at $0.13 per share totaling $2.2 million for both periods; and
  • 533,240 shares of Company common stock were repurchased during the current quarter at an average price of $42.85 compared to 241,201 shares repurchased at an average price of $42.19 in the prior quarter.

The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per common share, reflecting a $0.02, or 15.4%, increase over the previous quarter’s dividend. This is the eighth increase of the quarterly dividend since the Company initiated cash dividends in November 2018. The dividend is payable on May 28, 2026 to shareholders of record as of the close of business on May 14, 2026.

“During the first quarter, we accelerated our pace of stock buybacks as part of our ongoing and prudent capital allocation strategy,” said Hunter Westbrook, President and Chief Executive Officer. “We also announced today an increase in our quarterly dividend, further demonstrating our confidence in the Company’s strength and future financial performance. Looking ahead, we remain poised to accelerate loan growth in the second half of 2026.

“Our strong 2025 financial results carried into the first quarter of 2026, highlighted by our top quartile net interest margin which expanded to 4.31%, as deposit mix changes and reductions in funding costs outpaced a slight decline in asset yields.

“Lastly, earlier this month we announced our partnership with the Asheville Tourists Baseball Team, the High-A affiliate of the Houston Astros, where their newly renovated ballpark has been renamed HomeTrust Park. This initiative reflects our continued commitment to supporting the people and communities we are proud to serve.”


WEBSITE: WWW.HTB.COM

Comparison of Results of Operations for the Three Months Ended March 31,
2026
and December 31,
2025


Net Income.
 Net income totaled $16.8 million, or $0.99 per diluted share, for the three months ended March 31, 2026 compared to $16.1 million, or $0.93 per diluted share, for the three months ended December 31, 2025, an increase of $648,000, or 4.0%. The results for the three months ended March 31, 2026 compared to the three months ended December 31, 2025 benefited from a $1.7 million decrease in the provision for credit losses and a $635,000 increase in noninterest income, partially offset by a $1.3 million increase in the noninterest expense. Details of the changes in the various components of net income are further discussed below.


Net Interest Income.
 The following table presents the distribution of average assets, liabilities and equity, as well as interest income earned on average interest-earning assets and interest expense paid on average interest-bearing liabilities. All average balances are daily average balances. Nonaccruing loans have been included in the table as loans carrying a zero yield.

    Three Months Ended
    March 31, 2026   December 31, 2025
(Dollars in thousands)   Average

Balance

Outstanding
  Interest

Earned /

Paid


  Yield /

Rate
  Average

Balance

Outstanding
  Interest

Earned /

Paid


  Yield /

Rate
Assets                            
Interest-earning assets                            
Loans receivable(1)   $ 3,793,994     $ 57,725     6.17 %   $ 3,809,902     $ 59,597     6.21 %
Debt securities available for sale     144,520       1,604     4.50       147,247       1,599     4.31  
Other interest-earning assets(2)     227,051       2,168     3.87       223,267       2,271     4.04  
Total interest-earning assets     4,165,565       61,497     5.99       4,180,416       63,467     6.02  
Other assets     218,936                 255,547            
Total assets   $ 4,384,501               $ 4,435,963            
Liabilities and equity                            
Interest-bearing liabilities                            
Interest-bearing checking accounts   $ 561,216     $ 1,101     0.80 %   $ 540,889     $ 1,013     0.74 %
Money market accounts     1,369,569       8,616     2.55       1,361,620       9,192     2.68  
Savings accounts     170,227       28     0.07       171,803       30     0.07  
Certificate accounts     830,675       7,105     3.47       926,678       8,674     3.71  
Total interest-bearing deposits     2,931,687       16,850     2.33       3,000,990       18,909     2.50  
Junior subordinated debt     10,231       188     7.45       10,204       199     7.74  
Borrowings     16,667       154     3.75       10,152       146     5.71  
Total interest-bearing liabilities     2,958,585       17,192     2.36       3,021,346       19,254     2.53  
Noninterest-bearing deposits     759,493                 751,864            
Other liabilities     67,106                 61,085            
Total liabilities     3,785,184                 3,834,295            
Stockholders’ equity     599,317                 601,668            
Total liabilities and stockholders’ equity   $ 4,384,501               $ 4,435,963            
Net earning assets   $ 1,206,980               $ 1,159,070            
Average interest-earning assets to average interest-bearing liabilities     140.80 %               138.36 %          
Non-tax-equivalent                            
Net interest income       $ 44,305             $ 44,213      
Interest rate spread             3.63 %             3.49 %
Net interest margin(3)             4.31 %             4.20 %
Tax-equivalent(4)                            
Net interest income       $ 44,740             $ 44,661      
Interest rate spread             3.67 %             3.54 %
Net interest margin(3)             4.36 %             4.24 %
(1) Average loans receivable balances include loans held for sale and nonaccruing loans.

(2) Average other interest-earning assets consist of FRB stock, FHLB stock, SBIC investments and deposits in other banks.

(3) Net interest income divided by average interest-earning assets.

(4) Tax-equivalent results include adjustments to interest income of $435 and $448 for the three months ended March 31, 2026 and December 31, 2025, respectively, calculated based on combined federal and state tax rates of 23% and 24% for the same periods, respectively.


Total interest and dividend income for the three months ended March 31, 2026 decreased $2.0 million, or 3.1%, when compared to the three months ended December 31, 2025. A decline of $1.9 million, or 3.1%, in loan interest income drove this change, primarily due to fewer days in the current quarter and the impact of decreases in the federal funds rate upon loan yields, partially offset by an increase of $348,000 in accretion income.

Total interest expense for the three months ended March 31, 2026 decreased $2.1 million, or 10.7%, when compared to the three months ended December 31, 2025. A decline of $2.1 million, or 10.9%, in deposit interest expense drove this change, the result of a decline in the average balance of certificate accounts, specifically brokered deposits, a decline in the average cost of funds across funding categories, and fewer days in the current quarter.

The following table shows the effects that changes in average balances (volume), including differences in the number of days in the periods compared, and average interest rates (rate) had on the interest earned on interest-earning assets and interest paid on interest-bearing liabilities:

    Increase / (Decrease)

Due to
  Total

Increase/

(Decrease)
(Dollars in thousands)   Volume   Rate  
Interest-earning assets            
Loans receivable   $ (1,532 )   $ (340 )   $ (1,872 )
Debt securities available for sale     (65 )     70       5  
Other interest-earning assets     (10 )     (93 )     (103 )
Total interest-earning assets     (1,607 )     (363 )     (1,970 )
Interest-bearing liabilities            
Interest-bearing checking accounts     14       74       88  
Money market accounts     (138 )     (438 )     (576 )
Savings accounts     (1 )     (1 )     (2 )
Certificate accounts     (1,057 )     (512 )     (1,569 )
Junior subordinated debt     (3 )     (8 )     (11 )
Borrowings     91       (83 )     8  
Total interest-bearing liabilities     (1,094 )     (968 )     (2,062 )
Increase in net interest income           $ 92  




Provision for Credit Losses.

 The provision for credit losses is the amount of expense that, based on our judgment, is required to maintain the allowance for credit losses (“ACL”) at an appropriate level under the current expected credit losses model.

The following table presents a breakdown of the components of the provision for credit losses:

    Three Months Ended


       
(Dollars in thousands)   March 31, 2026   December 31, 2025


  $ Change   % Change
Provision for credit losses                  
Loans   $ 945     $ 1,525     $ (580 )   (38 )%
Off-balance sheet credit exposure     (575 )     555       (1,130 )   (204 )
Total provision for credit losses   $ 370     $ 2,080     $ (1,710 )   (82 )%


For the quarter ended March 31, 2026, the “loans” portion of the provision for credit losses was primarily the result of the following, offset by net charge-offs of $1.8 million during the quarter:

  • $0.5 million benefit driven by changes in the loan mix.
  • $0.2 million provision due to changes in the projected economic forecast, specifically the national unemployment rate, and changes in qualitative adjustments.
  • $0.6 million decrease in specific reserves on individually evaluated loans.

For the quarter ended December 31, 2025, the “loans” portion of the provision for credit losses was primarily the result of the following, offset by net charge-offs of $3.1 million during the quarter:

  • $0.9 million benefit driven by changes in the loan mix.
  • $0.1 million benefit due to changes in the projected economic forecast, specifically the national unemployment rate, and changes in qualitative adjustments.
  • $0.6 million decrease in specific reserves on individually evaluated loans.

For the quarters ended March 31, 2026 and December 31, 2025, the amounts recorded for off-balance sheet credit exposure were the result of changes in the balance of loan commitments, loan mix, projected economic forecast and qualitative allocations as outlined above.


Noninterest Income.
 Noninterest income for the three months ended March 31, 2026 increased $635,000, or 6.8%, when compared to the quarter ended December 31, 2025. Changes in the components of noninterest income are discussed below:

    Three Months Ended


   
(Dollars in thousands)   March 31, 2026


  December 31, 2025


  $ Change   % Change
Noninterest income                    
Service charges and fees on deposit accounts   $ 2,414     $ 2,534     $ (120 )   (5 )%
Loan income and fees     692       926       (234 )   (25 )
Gain on sale of loans held for sale     2,654       1,926       728     38  
Bank owned life insurance (“BOLI”) income     892       976       (84 )   (9 )
Operating lease income     1,892       2,032       (140 )   (7 )
Gain on sale of premises and equipment     377       65       312     480  
Other     1,110       937       173     18  
Total noninterest income   $ 10,031     $ 9,396     $ 635     7 %
                               
  • Loan income and fees: The decrease was primarily the result of $144,000 less in interest rate swap fees in addition to smaller decreases across several other loan fee categories.
  • Gain on sale of loans held for sale: The increase was primarily driven by an increase in the sales volume of HELOC loans originated for sale, partially offset by reduced sales volume of residential mortgage loans and SBA commercial loans. There were $103.0 million of HELOCs originated for sale which were sold during the current quarter with gains of $934,000 compared to $13.7 million sold with gains of $121,000 in the prior quarter. There were $23.3 million of residential mortgage loans sold for gains of $431,000 during the current quarter compared to $31.1 million sold with gains of $606,000 in the prior quarter. There were $16.4 million in sales of the guaranteed portion of SBA commercial loans with gains of $1.2 million for the current quarter compared to $18.9 million sold and gains of $1.5 million for the prior quarter. Our hedging of mandatory commitments on the residential mortgage loan pipeline resulted in a net gain of $68,000 for the current quarter compared to a net loss of $295,000 for the prior quarter.
  • Gain on sale of premises and equipment: In both periods presented, gains were recognized on the sale of excess parcels of land.


Noninterest Expense.
 Noninterest expense for the three months ended March 31, 2026 increased $1.3 million, or 4.0%, when compared to the three months ended December 31, 2025. Changes in the components of noninterest expense are discussed below:

    Three Months Ended


   
(Dollars in thousands)   March 31, 2026


  December 31, 2025


  $ Change   % Change
Noninterest expense                    
Salaries and employee benefits   $ 19,877     $ 18,541     $ 1,336     7 %
Occupancy expense, net     2,630       2,572       58     2  
Computer services     2,877       2,798       79     3  
Operating lease depreciation expense     1,516       1,582       (66 )   (4 )
Telecom, postage and supplies     581       542       39     7  
Marketing and advertising     417       514       (97 )   (19 )
Deposit insurance premiums     484       483       1      
Core deposit intangible amortization     374       411       (37 )   (9 )
Other     4,219       4,251       (32 )   (1 )
Total noninterest expense   $ 32,975     $ 31,694     $ 1,281     4 %
                               
  • Salaries and employee benefits: The increase was primarily the result of a $449,000 increase in incentive compensation and $409,000 in additional FICA taxes.


Income Taxes.
The amount of income tax expense is influenced by the amount of pre-tax income, tax-exempt income, changes in the statutory rate and the effect of changes in valuation allowances maintained against deferred tax benefits. The effective tax rates for the three months ended March 31, 2026 and December 31, 2025 were 20.1% and 18.7%, respectively, with the quarter-over-quarter increase driven by the prior quarter impact of the Company’s investment in a tax credit equity fund.

Balance Sheet Review

Total assets decreased by $159.3 million to $4.4 billion and total liabilities decreased by $151.0 million to $3.8 billion at March 31, 2026 as compared to December 31, 2025. These changes can be traced to the use of proceeds from both loan sales and loan paydowns to offset a $70.5 million decline in deposits. The decrease in deposits was the result of a $116.1 million reduction in brokered deposits, partially offset by an increase of $45.7 million in all other deposit categories.

Stockholders’ equity decreased $8.3 million, or 1.4%, to $592.4 million at March 31, 2026 as compared to December 31, 2025. Activity within stockholders’ equity included $16.8 million in net income and $1.4 million in share-based compensation and stock option exercises, more than offset by $2.2 million in cash dividends declared and $23.1 million in stock repurchases. In addition, accumulated other comprehensive income declined by $622,000 due to an increase in the unrealized loss on available for sale securities due to higher market interest rates.

As of March 31, 2026, the Bank was considered “well capitalized” in accordance with its regulatory capital guidelines and exceeded all regulatory capital requirements.

Asset Quality

The ACL on loans was $40.6 million, or 1.14% of total loans, at March 31, 2026 compared to $41.5 million, or 1.16% of total loans, at December 31, 2025. The drivers of this change are discussed in the “Comparison of Results of Operations for the Quarters Ended March 31, 2026 and December 31, 2025 – Provision for Credit Losses” section above.

Net loan charge-offs totaled $1.8 million for the quarter ended March 31, 2026 compared to $3.1 million and $1.3 million for the three months ended December 31, 2025 and March 31, 2025, respectively. For all three periods, net charge-offs were concentrated within our equipment finance portfolio, primarily related to over-the-road truck loans, where we recognized net charge-offs of $1.5 million, $2.0 million and $1.0 million for the same periods, respectively. Annualized net charge-offs as a percentage of average loans were 0.19% for the three months ended March 31, 2026 as compared to 0.33% and 0.14% for the three months ended December 31, 2025 and March 31, 2025, respectively.

The following table sets forth the composition of nonperforming assets, made up of nonaccrual loans and repossessed assets, across our asset categories.

(Dollars in thousands)   March 31, 2026   December 31, 2025   March 31, 2025
Nonaccruing loans            
Commercial real estate            
Construction and land development   $ 854     $ 381     $  
Commercial real estate – owner occupied     11,256       10,467       8,583  
Commercial real estate – non-owner occupied     6,704       6,566       3,552  
Multifamily                 38  
Total commercial real estate     18,814       17,414       12,173  
Commercial            
Commercial and industrial     10,578       9,786       2,965  
Equipment finance     6,096       6,690       5,065  
Total commercial     16,674       16,476       8,030  
Residential real estate            
Construction and land development                 132  
One-to-four family     3,632       2,961       2,203  
HELOCs     7,140       6,523       4,033  
Total residential real estate     10,772       9,484       6,368  
Consumer     479       402       388  
Total nonaccruing loans   $ 46,739     $ 43,776     $ 26,959  
Total repossessed assets     316       657       1,058  
Total nonperforming assets   $ 47,055     $ 44,433     $ 28,017  
Total nonperforming assets as a percentage of total assets     1.07 %     0.98 %     0.61 %
             
Total SBA loans included in nonaccrual loans   $ 22,720     $ 20,647     $ 6,459  
Portion of SBA loans fully guaranteed by the SBA     16,348       14,885       2,374  
             
Total nonaccruing loans, excluding the balance fully guaranteed by the SBA     30,391       28,891       24,585  
Total repossessed assets     316       657       1,058  
Total nonperforming assets, excluding the balance fully guaranteed by the SBA   $ 30,707     $ 29,548     $ 25,643  
Total nonperforming assets, excluding the balance fully guaranteed by the SBA, as a percentage of total assets     0.70 %     0.65 %     0.56 %


SBA loans made up 48.5%, 46.5% and 23.1% of total nonperforming assets at March 31, 2026, December 31, 2025 and March 31, 2025, respectively. The year-over-year increase was primarily the result of a management decision to accelerate the repurchase of the sold portion of nonperforming SBA loans (fully guaranteed portion) to simplify the workout process.

Classified assets increased by $6.0 million, or 9.1%, to $72.2 million, or 1.65% of total assets, as of March 31, 2026 when compared to the balance of $66.2 million, or 1.46% of total assets, as of December 31, 2025. Similarly, classified assets increased by $31.5 million, or 77.4%, to $72.2 million, or 1.65% of total assets, as of March 31, 2026 when compared to the balance of $40.7 million, or 0.89% of total assets, as of March 31, 2025. SBA loans made up the largest portion of classified assets at $25.7 million and $27.3 million, respectively, as of March 31, 2026 and December 31, 2025, of which $18.1 million and $19.8 million, respectively, was fully guaranteed. The remaining population of classified assets as of March 31, 2026 included $10.0 million of HELOCs, $9.3 million of 1-4 family residential real estate loans, $7.7 million of equipment finance loans (concentrated in the transportation sector) and $7.4 million of non-owner occupied CRE loans.

About HomeTrust Bancshares, Inc.
HomeTrust Bancshares, Inc. (NYSE: HTB), headquartered in Asheville, North Carolina, is the holding company for HomeTrust Bank, a state-chartered community bank operating over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia. With total assets of $4.4 billion as of March 31, 2026, the Company’s goal is to remain a high-performing, regional community bank, guided by our strategy to be a best place to work. Reflecting this focus, the Company has been named one of Bank Director’s “Best U.S. Banks,” one of Forbes’ “America’s Best Banks,” one of S&P Global’s “Top 50 Community Banks,” and named to the 2025 KBW Honor Roll. In addition, the Company has been recognized as one of American Banker’s “Best Banks to Work For,” received a “Most Loved Workplace” certification by Best Practices Institute, named as one of Best Companies Group’s “America’s Best Workplaces,” as well as being named a “Best Place to Work” in all five states in which it operates.


Forward-Looking Statements


This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but instead are based on certain assumptions including statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, assumptions and statements about future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by forward-looking statements. The factors that could result in material differentiation include, but are not limited to expected revenues, cost savings, synergies and other benefits from merger and acquisition activities might not be realized to the extent anticipated, within the anticipated time frames, or at all, costs or difficulties relating to integration matters, including but not limited to customer and employee retention, might be greater than expected, and goodwill impairment charges might be incurred; increased competitive pressures among financial services companies; changes in the interest rate environment; changes in general economic conditions, both nationally and in our market areas; the impact of geopolitical instability and trade policies on our operations including the imposition of tariffs and retaliatory tariffs; natural disasters; legislative and regulatory changes; and the effects of inflation, a potential recession, and other factors described in the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission – which are available on the Company’s website at www.htb.com and on the SEC’s website at www.sec.gov. Any of the forward-looking statements that the Company makes in this press release or in the documents the Company files with or furnishes to the SEC are based upon management’s beliefs and assumptions at the time they are made and may turn out to be wrong because of inaccurate assumptions, the factors described above or other factors that management cannot foresee. The Company does not undertake, and specifically disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.


Consolidated Balance Sheets (Unaudited)


(Dollars in thousands)   March 31, 2026   December 31, 2025

(1)
  September 30, 2025   June 30, 2025   March 31, 2025
Assets                    
Cash   $ 14,505     $ 14,411     $ 15,435     $ 16,662     $ 14,303  
Interest-bearing deposits     286,188       310,281       300,395       280,547       285,522  
Cash and cash equivalents     300,693       324,692       315,830       297,209       299,825  
Certificates of deposit in other banks     13,619       18,841       20,833       23,319       25,806  
Debt securities available for sale, at fair value     149,729       142,540       145,682       143,942       150,577  
FHLB and FRB stock     13,614       13,636       14,325       15,263       13,602  
SBIC investments     19,461       18,818       18,346       17,720       17,746  
Loans held for sale, at fair value     6,562       7,005       7,907       1,106       2,175  
Loans held for sale, at the lower of cost or fair value     101,930       198,688       189,047       169,835       151,164  
Total loans, net of deferred loan fees and costs     3,546,580       3,578,154       3,643,619       3,671,951       3,648,609  
Allowance for credit losses – loans     (40,607 )     (41,479 )     (43,086 )     (44,139 )     (44,742 )
Loans, net     3,505,973       3,536,675       3,600,533       3,627,812       3,603,867  
Premises and equipment, net     62,210       62,400       62,437       62,706       62,347  
Accrued interest receivable     14,636       15,973       17,077       16,554       18,269  
Deferred income taxes, net     8,514       9,922       9,789       9,968       9,288  
BOLI     94,555       93,930       93,474       92,576       91,715  
Goodwill     34,111       34,111       34,111       34,111       34,111  
Core deposit intangibles, net     4,474       4,848       5,259       5,670       6,080  
Other assets     56,260       63,556       57,487       60,262       71,488  
Total assets   $ 4,386,341     $ 4,545,635     $ 4,592,137     $ 4,578,053     $ 4,558,060  
Liabilities and stockholders’ equity                    
Liabilities                    
Deposits   $ 3,639,542     $ 3,709,997     $ 3,698,227     $ 3,666,178     $ 3,736,360  
Junior subordinated debt     10,245       10,220       10,195       10,170       10,145  
Borrowings     90,000       165,000       230,000       265,000       177,000  
Other liabilities     54,147       59,728       57,882       57,431       69,106  
Total liabilities     3,793,934       3,944,945       3,996,304       3,998,779       3,992,611  
Stockholders’ equity                    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding                              
Common stock, $0.01 par value, 60,000,000 shares authorized(2)     168       173       175       175       176  
Additional paid in capital     144,465       166,856       176,289       174,900       176,682  
Retained earnings     451,127       436,524       422,615       408,178       393,026  
Unearned Employee Stock Ownership Plan (“ESOP”) shares     (3,306 )     (3,438 )     (3,571 )     (3,703 )     (3,835 )
Accumulated other comprehensive income (loss)     (47 )     575       325       (276 )     (600 )
Total stockholders’ equity     592,407       600,690       595,833       579,274       565,449  
Total liabilities and stockholders’ equity   $ 4,386,341     $ 4,545,635     $ 4,592,137     $ 4,578,053     $ 4,558,060  
(1) Derived from audited financial statements.

(2) Shares of common stock issued and outstanding were 16,803,185 at March 31, 2026; 17,286,289 at December 31, 2025; 17,520,425 at September 30, 2025; 17,492,143 at June 30, 2025; and 17,552,626 at March 31, 2025.


Consolidated Statements of Income (Unaudited)
    Three Months Ended


(Dollars in thousands)   March 31, 2026


  December 31, 2025


Interest and dividend income            
Loans   $ 57,725     $ 59,597  
Debt securities available for sale     1,604       1,599  
Other investments and interest-bearing deposits     2,168       2,271  
Total interest and dividend income     61,497       63,467  
Interest expense            
Deposits     16,850       18,909  
Junior subordinated debt     188       199  
Borrowings     154       146  
Total interest expense     17,192       19,254  
Net interest income     44,305       44,213  
Provision for credit losses     370       2,080  
Net interest income after provision for credit losses     43,935       42,133  
Noninterest income            
Service charges and fees on deposit accounts     2,414       2,534  
Loan income and fees     692       926  
Gain on sale of loans held for sale     2,654       1,926  
BOLI income     892       976  
Operating lease income     1,892       2,032  
Gain on sale of premises and equipment     377       65  
Other     1,110       937  
Total noninterest income     10,031       9,396  
Noninterest expense            
Salaries and employee benefits     19,877       18,541  
Occupancy expense, net     2,630       2,572  
Computer services     2,877       2,798  
Operating lease depreciation expense     1,516       1,582  
Telecom, postage and supplies     581       542  
Marketing and advertising     417       514  
Deposit insurance premiums     484       483  
Core deposit intangible amortization     374       411  
Other     4,219       4,251  
Total noninterest expense     32,975       31,694  
Income before income taxes     20,991       19,835  
Income tax expense     4,219       3,711  
Net income   $ 16,772     $ 16,124  


Per Share Data

    Three Months Ended


    March 31, 2026


  December 31, 2025


Net income per common share(1)            
Basic   $ 1.00     $ 0.94  
Diluted   $ 0.99     $ 0.93  
Average shares outstanding            
Basic     16,582,376       16,936,740  
Diluted     16,716,089       17,070,906  
Book value per share at end of period   $ 35.26     $ 34.75  
Tangible book value per share at end of period(2)   $ 33.02     $ 32.56  
Cash dividends declared per common share   $ 0.13     $ 0.13  
Total shares outstanding at end of period     16,803,185       17,286,289  
(1) Basic and diluted net income per common share have been prepared in accordance with the two-class method.

(2) See Non-GAAP reconciliations below for adjustments.


Selected Financial Ratios and Other Data

    Three Months Ended
    March 31, 2026   December 31, 2025
Performance ratios

(1)
   
Return on assets (ratio of net income to average total assets)   1.55 %   1.44 %
Return on equity (ratio of net income to average equity)   11.35     10.63  
Yield on earning assets   5.99     6.02  
Rate paid on interest-bearing liabilities   2.36     2.53  
Average interest rate spread   3.63     3.49  
Net interest margin(2)   4.31     4.20  
Average interest-earning assets to average interest-bearing liabilities   140.80     138.36  
Noninterest expense to average total assets   3.05     2.83  
Efficiency ratio   60.69     59.12  
Efficiency ratio – adjusted(3)   60.62     58.80  
(1) Ratios are annualized where appropriate.

(2) Net interest income divided by average interest-earning assets.

(3) See Non-GAAP reconciliations below for adjustments.

    At or For the Three Months Ended
    March 31, 2026   December 31, 2025   September 30, 2025   June 30, 2025   March 31, 2025
Asset quality ratios                    
Nonperforming assets to total assets(1)   1.07 %   0.98 %   0.72 %   0.67 %   0.61 %
Nonperforming loans to total loans(1)   1.32     1.22     0.89     0.81     0.74  
Total classified assets to total assets   1.65     1.46     1.23     1.07     0.89  
Allowance for credit losses to nonperforming loans(1)   86.88     94.75     132.26     147.98     165.96  
Allowance for credit losses to total loans   1.14     1.16     1.18     1.20     1.23  
Net charge-offs to average loans (annualized)   0.19     0.33     0.29     0.21     0.14  
Capital ratios                    
Equity to total assets at end of period   13.51 %   13.21 %   12.98 %   12.65 %   12.41 %
Tangible equity to total tangible assets(2)   12.76     12.49     12.25     11.91     11.65  
Average equity to average assets   13.67     13.56     13.31     13.20     12.66  
(1) Nonperforming assets include nonaccruing loans and repossessed assets. There were no accruing loans more than 90 days past due at the dates indicated. For the periods presented, as shown in the “Asset Quality” section above, a portion of the nonaccrual loan balances was fully guaranteed by the SBA.

(2) See Non-GAAP reconciliations below for adjustments.


Loans


(Dollars in thousands)   March 31, 2026   December 31, 2025   September 30, 2025   June 30, 2025   March 31, 2025
Commercial real estate                    
Construction and land development   $ 317,497     $ 277,028     $ 268,953     $ 267,494     $ 247,539  
Commercial real estate – owner occupied     527,375       562,049       540,807       561,623       570,150  
Commercial real estate – non-owner occupied     823,672       832,502       861,244       877,440       867,711  
Multifamily     109,564       110,912       115,403       113,416       118,094  
Total commercial real estate     1,778,108       1,782,491       1,786,407       1,819,973       1,803,494  
Commercial loans                    
Commercial and industrial     392,114       378,686       399,155       367,359       349,085  
Equipment finance     286,455       311,356       340,322       360,499       380,166  
Municipal leases     167,371       166,396       164,967       168,623       163,554  
Total commercial     845,940       856,438       904,444       896,481       892,805  
Residential real estate                    
Construction and land development     48,715       45,617       51,110       53,020       56,858  
One-to-four family     619,735       633,511       636,857       640,287       631,537  
HELOCs     218,283       217,310       216,122       205,918       199,747  
Total residential real estate     886,733       896,438       904,089       899,225       888,142  
Consumer     35,799       42,787       48,679       56,272       64,168  
Total loans, net of deferred loan fees and costs     3,546,580       3,578,154       3,643,619       3,671,951       3,648,609  
Allowance for credit losses – loans     (40,607 )     (41,479 )     (43,086 )     (44,139 )     (44,742 )
Loans, net   $ 3,505,973     $ 3,536,675     $ 3,600,533     $ 3,627,812     $ 3,603,867  


Deposits


(Dollars in thousands)   March 31, 2026


  December 31, 2025


  September 30, 2025


  June 30, 2025


  March 31, 2025


Core deposits                              
Noninterest-bearing accounts   $ 730,666     $ 707,748     $ 689,352     $ 698,843     $ 721,814  
NOW accounts     575,525       546,387       537,954       561,524       573,745  
Money market accounts     1,393,120       1,374,635       1,343,008       1,323,762       1,357,961  
Savings accounts     171,754       171,455       172,883       179,980       184,396  
Total core deposits     2,871,065       2,800,225       2,743,197       2,764,109       2,837,916  
Certificates of deposit     768,477       909,772       955,030       902,069       898,444  
Total   $ 3,639,542     $ 3,709,997     $ 3,698,227     $ 3,666,178     $ 3,736,360  




Non-GAAP Reconciliations



In addition to results presented in accordance with generally accepted accounting principles utilized in the United States (“GAAP”), this earnings release contains certain non-GAAP financial measures, which include: the efficiency ratio, tangible book value, tangible book value per share and the tangible equity to tangible assets ratio. The Company believes these non-GAAP financial measures and ratios as presented are useful for both investors and management to understand the effects of certain items and provide an alternative view of its performance over time and in comparison to its competitors. These non-GAAP measures have inherent limitations, are not required to be uniformly applied and are not audited. They should not be considered in isolation or as a substitute for total stockholders’ equity or operating results determined in accordance with GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

Set forth below is a reconciliation to GAAP of the Company’s efficiency ratio:

    Three Months Ended


(Dollars in thousands)   March 31, 2026


  December 31, 2025


Noninterest expense   $ 32,975     $ 31,694  
             
Net interest income   $ 44,305     $ 44,213  
Plus: tax-equivalent adjustment     435       448  
Plus: noninterest income     10,031       9,396  
Less: BOLI death benefit proceeds in excess of cash surrender value           92  
Less: gain on sale of premises and equipment     377       65  
Net interest income plus noninterest income – adjusted   $ 54,394     $ 53,900  

Efficiency ratio   60.69 %   59.12 %
Efficiency ratio – adjusted   60.62 %   58.80 %


Set forth below is a reconciliation to GAAP of tangible book value and tangible book value per share:

    As of


(Dollars in thousands, except per share data)   March 31, 2026


  December 31, 2025


  September 30, 2025


  June 30, 2025


  March 31, 2025


Total stockholders’ equity   $ 592,407     $ 600,690     $ 595,833     $ 579,274     $ 565,449  
Less: goodwill, core deposit intangibles, net of taxes     37,556       37,844       38,160       38,477       38,793  
Tangible book value   $ 554,851     $ 562,846     $ 557,673     $ 540,797     $ 526,656  
Common shares outstanding     16,803,185       17,286,289       17,520,425       17,492,143       17,552,626  
Book value per share   $ 35.26     $ 34.75     $ 34.01     $ 33.12     $ 32.21  
Tangible book value per share   $ 33.02     $ 32.56     $ 31.83     $ 30.92     $ 30.00  


Set forth below is a reconciliation to GAAP of tangible equity to tangible assets:

    As of


(Dollars in thousands)   March 31, 2026


  December 31, 2025


  September 30, 2025


  June 30, 2025


  March 31, 2025


Tangible equity(1)   $ 554,851     $ 562,846     $ 557,673     $ 540,797     $ 526,656  
Total assets     4,386,341       4,545,635       4,592,137       4,578,053       4,558,060  
Less: goodwill, core deposit intangibles, net of taxes     37,556       37,844       38,160       38,477       38,793  
Total tangible assets   $ 4,348,785     $ 4,507,791     $ 4,553,977     $ 4,539,576     $ 4,519,267  

Tangible equity to tangible assets   12.76 %   12.49 %   12.25 %   11.91 %   11.65 %
(1) Tangible equity (or tangible book value) is equal to total stockholders’ equity less goodwill and core deposit intangibles, net of related deferred tax liabilities.



Contact:
C. Hunter Westbrook – President and Chief Executive Officer
Tony J. VunCannon – Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer
828-259-3939

Hanmi Financial Declares Cash Dividend of $0.28 per share

LOS ANGELES, April 23, 2026 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi” or the “Company”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the 2026 second quarter of $0.28 per share. The dividend will be paid on May 20, 2026, to stockholders of record as of the close of business on May 4, 2026.

About Hanmi Financial Corporation

Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Forward-Looking Statements

This press release contains forward-looking statements, which are included in accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward–looking statements” for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for share repurchases, future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms and other comparable terminology. Although we believe that our forward-looking statements to be reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statements. These factors include the following:

  • a failure to maintain adequate levels of capital and liquidity to support our operations;
  • general economic and business conditions internationally, nationally and in those areas in which we operate, including any potential recessionary conditions;
  • volatility and deterioration in the credit and equity markets;
  • changes in investor sentiment or consumer spending, borrowing and savings habits;
  • availability of capital from private and government sources;
  • demographic changes;
  • competition for loans and deposits and failure to attract or retain loans and deposits;
  • inflation and fluctuations in interest rates that reduce our margins and yields, the fair value of financial instruments, the level of loan originations or prepayments on loans we have made and make, the level of loan sales and the cost we pay to retain and attract deposits and secure other types of funding;
  • our ability to enter new markets successfully and capitalize on growth opportunities;
  • the current or anticipated impact of military conflict, terrorism, or other geopolitical events;
  • the effect of potential future supervisory action against us or Hanmi Bank and our ability to address any issues raised in our regulatory exams;
  • risks of natural disasters;
  • legal proceedings and litigation brought against us;
  • a failure in or breach of our operational or security systems or infrastructure, including cyberattacks;
  • the failure to maintain current technologies;
  • risks associated with Small Business Administration loans;
  • failure to attract or retain key employees;
  • our ability to access cost-effective funding;
  • the imposition of tariffs or other domestic or international governmental policies and any retaliatory responses;
  • the impact of a potential federal government shutdown, which may impact on our ability to effect sales of Small Business Administration loans;
  • changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio;
  • fluctuations in real estate values;
  • changes in accounting policies and practices;
  • changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums and changes in the monetary policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System;
  • the ability of Hanmi Bank to make distributions to Hanmi Financial Corporation, which is restricted by certain factors, including Hanmi Bank’s retained earnings, net income, prior distributions made, and certain other financial tests;
  • strategic transactions we may enter into, including the costs associated with the evaluation of any strategic opportunities and the overall effects of any acquisitions or dispositions we may make;
  • the adequacy of and changes in the economic assumptions and methodology for computing our allowance for credit losses;
  • our credit quality and the effect of credit quality on our credit losses expense and allowance for credit losses;
  • changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements;
  • our ability to control expenses;
  • cyber security and fraud risks against our information technology and those of our third-party providers and vendors;
  • the inability of third-party service providers to perform their obligations to us; and
  • the ability of the Company to withstand disruptions that may be caused by any failure of the operational systems of third parties.

In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A (“Risk Factors”) of our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

Investor Contacts:

Romolo (Ron) Santarosa
Senior Executive Vice President & Chief Financial Officer
213-427-5636

Lisa Fortuna
Investor Relations
Financial Profiles, Inc.
[email protected]
310-622-8251

Source: Hanmi Bank



SS Innovations Unveils Cutting-Edge Surgical Robotic Technologies at SMRSC 2026

Innovations under development by Company include the SSi Vimana Aero, SSi Avtara and SSi Operion

FORT LAUDERDALE, Fla., April 23, 2026 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (the “Company” or “SS Innovations”) (Nasdaq: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announced that the Company has unveiled its vision for several cutting-edge surgical robotic technologies at the Global Multi-Specialty Robotic Surgery Conference (“SMRSC 2026”), which the Company recently hosted in New Delhi, India.   Key innovations under development by the Company and showcased at SMRSC 2026 include the SSi Vimana Aero Drone System (the “SSi Vimana Aero”), the SSi Avtara Humanoid Surgical Platform (the “SSi Avtara”), the SSi Operion Mobile Operating Room (the “SSi Operion”), and new single-arm robotic endoscopy and ultrasound assist carts.


SSi Vimana Aero Drone System

The SSi Vimana Aero is a surgical robotic system currently under development and designed to bring expert robotic surgical care directly to wounded soldiers in active battle zones, bridging the critical time gap between initial point of injury and eventual medical evacuation from the frontlines. Deployed via a heavy-lift autonomous drone, the SSi Vimana Aero can land in proximity to the casualty and deploy two miniature robotic arms with seven degrees of freedom. A trauma surgeon then can remotely operate the SSi Vimana Aero, which is equipped with 5-millimeter surgical instruments, through an SSi Mantra surgeon command center. The SSi Vimana Aero platform is intended to address hemorrhaging, wound repair, chest decompression, shrapnel extraction, and field suturing, among other procedures, to help stabilize patients until evacuation teams arrive.  


SSi Avtara Humanoid Robot

The SSi Avtara, another innovation under conceptual development, aims to leverage the advanced mobility, dexterity, and perception capabilities of humanoid systems for high-impact surgical robotic applications spanning healthcare, defense, logistics, disaster response, and industrial settings. Integrated with artificial intelligence, teleoperation frameworks, and real-time sensing, the SSi Avtara will be designed for trainability, continuous learning, adaptability, and precision in the field. From assisting clinical workflows to operating in hazardous or otherwise inaccessible environments, the Company anticipates that the platform’s human-compatible design will enable seamless interaction with existing infrastructure and tools.


SSi Operion Mobile Operating Room

The SSi Operion, also currently under development, is a fully mobile, platform-agnostic operating room ecosystem designed for seamless deployment across hospitals, remote locations, combat areas, and disaster zones. The SSi Operion is designed to be built on a wheeled chassis with overhead-integrated robotics and a zero-footprint architecture, which seeks to eliminate conventional spatial constraints by suspending all surgical components from an integrated overhead system, enabling 360-degree clinician access, real-time reconfiguration, and seamless deployment. With integrated telesurgery capabilities and low-latency connectivity, the SSi Operion is expected to enable expert surgeons to operate remotely, expanding access to advanced surgical care across geographies. From defense operations to humanitarian missions and rural healthcare delivery, SS Innovations believes that SSi Operion holds potential to transform the operating room into a deployable, mission-ready asset.


SS Innovations’ single-arm robotic assist cart

The Company’s new single-arm robotic endoscopy and ultrasound assist carts, currently proceeding through early clinical validation phases in India, are designed to provide stable, precise, and repeatable positioning of endoscopic and ultrasound instruments within clinical environments, bringing robotic consistency to workflows. Operating under direct clinician supervision, the robotic arms incorporate controlled speed, force limits, and predictable motion behavior, ensuring safe interaction with both patients and operators. Compatibility with standard hospital infrastructure and existing clinical workflows allows for seamless integration into established clinical settings.

For a video clip of these and other new advancements underway at SS Innovations, along with the Company’s existing surgical robotic technologies, please visit: https://youtu.be/oO-yoo82pfE.

Dr. Sudhir Srivastava, Chairman of the Board and Chief Executive Officer of SS Innovations, commented, “Innovation is in our DNA. Beyond continuously improving our advanced, cost-effective SSi Mantra surgical robotic system and telesurgery capabilities, we strive to pioneer new surgical robotic technologies that will meaningfully improve healthcare for a wider segment of patients in need. SMRSC 2026, our largest conference yet, successfully elevated this important theme.”

Recap of SMRSC 2026
SMRSC 2026 brought together distinguished surgeons, global thought leaders, educators, and prominent healthcare innovators to discuss and shape the future of robotic surgery.   Attendance at SMRSC 2026 surpassed that of last year’s conference, drawing more than 1,600 attendees and 1,800 virtual participants from 19 nations. In addition to unveiling new surgical robotic technologies and groundbreaking concepts at SMRSC 2026, SS Innovations showcased the SSi Mantra’s capabilities. At the conference, expert physicians conducted 10 live telesurgeries and 13 live robotic surgeries across multiple specialties utilizing the SSi Mantra. The three-day event also featured dozens of panel discussions spanning specialties, including urology, thoracic, gastroenterology, head & neck, gynecology, colorectal, general and pediatric, among others, with separate cardiac-focused breakout sessions. Prominent guests and presenters at this year’s conference included, among others, the Company’s Vice-Chairman, Dr. Fred Moll, who has been widely recognized as the “Father of Robotic Surgery”; Shri Pratap Rao Jadhav, the Minister of State for Health and Family Welfare of India; Sri Madhusudan Sai, a global humanitarian and founder of a worldwide free healthcare mission; and Dr. Mylswamy Annadurai, Former Director, ISRO Satellite Center.

About SS Innovations

SS Innovations International, Inc. (Nasdaq: SSII) develops innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger segment of the global population. The Company’s product range includes its proprietary “SSi Mantra” surgical robotic system and its comprehensive suite of “SSi Mudra” surgical instruments, which support a variety of surgical robotic procedures including cardiac surgery. An American company headquartered in India, SS Innovations plans to expand the global presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions. Visit the Company’s website at ssinnovations.com or LinkedIn for more information and updates.

About the SSi Mantra

The SSi Mantra surgical robotic system is a user-friendly, modular, multi-arm system with advanced technology features, including: 3 to 5 modular robotic arms, an open-faced ergonomic surgeon command center, a large 3D 4K monitor, a touch panel monitor for all patient related information display, a virtual real-time image of the robotic patient side arm carts, and the ability for superimposition of 3D models of diagnostic imaging. The optional SSi MantrAsana Tele Surgeon Console is a portable, compact alternative to the SSi Mantra’s standard surgeon command center that provides equivalent control functionality while enabling enhanced portability, ergonomic flexibility, and telesurgery capability. The SSi Mantra utilizes over 40 different types of robotic endo-surgical instruments to support different specialties, including cardiac surgery, and 5mm instruments for the pediatric population and ENT surgeries. A vision cart provides the table-side team with the same magnified 3D 4K view as the surgeon to provide better safety and efficiency. The SSi Mantra has been clinically validated in India in more than 100 different types of surgical procedures.

Forward Looking Statements

This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations’ future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Investor Contact:

The Equity Group        
Kalle Ahl, CFA                
T: (303) 953-9878        
[email protected]

Devin Sullivan, Managing Director
T: (212) 836-9608
[email protected]

Media Contact:

RooneyPartners LLC
Kate Barrette
T: (212) 223-0561
[email protected]

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/5ab9180b-915c-4e02-838c-f5a9e458e61d

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A video accompanying this announcement is available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6185fc9d-0859-4f5b-a1a6-e844076d176b



XPEL Announces Appointment of Mark A. Thornton to Board of Directors

XPEL Announces Appointment of Mark A. Thornton to Board of Directors

SAN ANTONIO–(BUSINESS WIRE)–
XPEL, Inc. (Nasdaq: XPEL), a global provider of protective films and coatings, announces the appointment of Mark A. Thornton to its Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423061128/en/

Mark A. Thornton

Mark A. Thornton

Mr. Thornton is a seasoned executive with more than 28 years of experience with the Procter & Gamble Company. For nearly half that time, he has worked internationally across three critical growth markets: China, Europe, and the United States. He currently serves as Vice President of Global Baby Care, Feminine Care, and Family Care Quality Assurance, where he works on brands such as Pampers®, Always®, and Bounty®. Mr. Thornton specializes in innovation, strategy, consumer research, and materials science.

Earlier in his career, Mr. Thornton led the expansion of P&G’s largest brand, Pampers, across the Asia-Pacific region, where he helped build the China business from the ground up. He established local manufacturing capabilities, launched a new product portfolio, and drove competitive gains that returned the business to growth in one of the world’s most challenging consumer markets.

Ryan Pape, President and Chief Executive Officer of XPEL stated, “We are pleased to welcome Mark to the XPEL Board of Directors. His wide-ranging knowledge of consumer product development, combined with his extensive experience in China, makes him a great addition.”

Mark Thornton commented, “I’m excited to join the XPEL board and look forward to sharing my experiences as a leader and brand builder at a pivotal time for the Company. XPEL has created a premier line of products with strong brand recognition, and I welcome this opportunity to be a part of the team.”

This appointment is effective immediately.

About XPEL, Inc.

XPEL is a leading provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and architectural window films, and ceramic coatings. With a global footprint, a network of trained installers and proprietary DAP software, XPEL is dedicated to exceeding customer expectations by providing high-quality products, leading customer service, expert technical support and world-class training. XPEL, Inc. is publicly traded on Nasdaq under the symbol “XPEL”.

For more information, contact:

XPEL Investor Relations:

John Nesbett/Jennifer Belodeau

IMS Investor Relations

Phone: (203) 972-9200

Email: [email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Other Manufacturing Aftermarket Automotive General Automotive Chemicals/Plastics Automotive Manufacturing Manufacturing Other Automotive Performance & Special Interest

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Clean Harbors to Participate in 21st Annual Oppenheimer Industrial Growth Conference on May 7

Clean Harbors to Participate in 21st Annual Oppenheimer Industrial Growth Conference on May 7

NORWELL, Mass.–(BUSINESS WIRE)–Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that Chief Financial Officer Eric J. Dugas and SVP Investor Relations Jim Buckley will participate in a fireside chat at the 21st Annual Oppenheimer & Co. Inc. Industrial Growth Conference.

Clean Harbors will webcast the event live at 1:30 p.m. ET on Thursday, May 7, 2026. To access the live or archived webcast, visit the “Investor Relations” portion of Clean Harbors’ website at www.cleanharbors.com.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.

Eric J. Dugas

EVP and Chief Financial Officer

Clean Harbors, Inc.

781.792.5100

[email protected]

Jim Buckley

SVP Investor Relations

Clean Harbors, Inc.

781.792.5100

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Recycling Chemicals/Plastics Environment Oil/Gas Manufacturing Green Technology Energy

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Strattec Announces Fiscal 2026 Third Quarter Financial Results Conference Call and Webcast

Strattec Announces Fiscal 2026 Third Quarter Financial Results Conference Call and Webcast

MILWAUKEE–(BUSINESS WIRE)–Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2026 third quarter results after the close of financial markets on Thursday, May 7, 2026.

The Company will host a conference call and webcast on Friday, May 8, 2026, to review the financial and operating results for the period ended March 29, 2026. A question-and-answer session will follow.

Third Quarter 2026 Conference Call

Date: Friday, May 8, 2026

Time: 8:00 a.m. Central Time

Phone: +1 (201) 689-8470

Webcast and accompanying slide presentation: investors.strattec.com

A telephonic replay will be available from 11:00 p.m. CT on the day of the call through Thursday, May 21, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13759857. The webcast replay will be available on the Investor Relations section of the Company’s website investors.strattec.com, where a transcript will be posted once available.

ABOUT STRATTEC

Strattec is a global automotive access company that designs and delivers safe, secure, and highly engineered access solutions for the automotive and mobility industries. Built on generations of access and security engineering expertise, Strattec partners closely with OEMs to create differentiated, system level access experiences for end consumers. Strattec’s portfolio spans the access journey from Permission, enabling secure vehicle entry through advanced mechanical and electronic systems; to Motion, delivering effortless, reliable powered access that enhances everyday usability; and through to Hold, providing precision‑engineered latching solutions that give drivers confidence through proven strength, safety, and durability trusted by OEMs worldwide.

As access becomes increasingly intelligent, connected, and central to vehicle experience, Strattec’s strategy is to expand its market share, further diversify its customers and geographic reach while becoming the most trusted access partner to drive long term growth across global automotive and mobility markets. For more information, visit www.strattec.com.

Investor Contact: 

Deborah K. Pawlowski, IRC

Alliance Advisors IR

Phone: 716-843-3908

Email: [email protected]

KEYWORDS: Wisconsin United States North America

INDUSTRY KEYWORDS: Other Manufacturing Aftermarket Automotive Other Automotive Automotive Manufacturing General Automotive Performance & Special Interest Manufacturing

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OSI Systems Receives $235 Million Homeland Defense Contract

OSI Systems Receives $235 Million Homeland Defense Contract

HAWTHORNE, Calif.–(BUSINESS WIRE)–
OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has been awarded an Undefinitized Contract Action (UCA) with a not-to-exceed value of approximately $235 million for the production and integration of a homeland defense over the horizon radar (OTHR) transmit subsystem. The system is designed to enable long‑range tracking of various target types beyond conventional line‑of‑sight limitations.

OSI Systems’ President and Chief Executive Officer, Ajay Mehra, commented, “This award highlights our strengths in critical radio frequency (RF) engineering, advanced manufacturing, and complex system integration for mission‑critical defense applications. We are proud to support a next‑generation sensing program designed to enable reliable, long‑range performance in demanding operational environments.”

This contract is funded at $46 million for initial program execution, with additional funding expected to maintain the program schedule.

About OSI Systems

OSI Systems designs and manufactures specialized electronic systems and components for critical applications. The Company operates through three business segments: Security, Optoelectronics and Manufacturing, and Healthcare. Its Security division delivers advanced inspection systems, turnkey screening solutions, and comprehensive support services to protect people and infrastructure. The Optoelectronics and Manufacturing segment serves as a global supplier of high-performance optoelectronic solutions and precision manufacturing services for leading OEMs. The Healthcare segment focuses on patient monitoring, diagnostic cardiology, and related services with the goal of enhancing clinical care and patient outcomes. Serving customers in over 170 countries, OSI Systems strategically positions its sales, service, R&D, and manufacturing capabilities worldwide to provide fast and efficient delivery and support. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.

OSI Systems, Inc.

Ajay Vashishat

Vice President

310-349-2237

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Technology Contracts Homeland Security Security Engineering Public Policy/Government Manufacturing Government Technology Hardware Defense

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Salt Lake City Ranks First Among Metros Where Gen Zers Own the Largest Share of 3+ Bedroom Homes

Salt Lake City Ranks First Among Metros Where Gen Zers Own the Largest Share of 3+ Bedroom Homes

Nationally, Gen Z adults own just 2.2% of three-plus-bedroom home stock. In comparison, millennials own 23.7% of this inventory, while Gen Xers (31.2%), and baby boomers (35.3%) each claim roughly one-third.

SEATTLE–(BUSINESS WIRE)–Salt Lake City tops the list of the 15 metros where Gen Zers own the highest share of three-plus-bedroom homes. Virginia Beach, VA, Oklahoma City, OK, Louisville, KY, and Indianapolis round out the top five, according to a new report from Redfin, the real estate brokerage powered by Rocket.

Gen Zers Own Nearly 4% of Large Homes in Salt Lake City, More Than Any Other Major Metro

Adult Gen Zers own 3.6% of Salt Lake City’s three-plus-bedroom homes. That figure is over half a percentage point higher than the metro where the young generation owns the next-largest share (3%) of three-plus-bedroom stock—Virginia Beach, VA.

So what makes the Utah capital so accessible for young buyers looking for lots of space?

According to Kristina Gross, a Redfin senior agent based in Salt Lake City, the answer has a lot to do with the area’s unique demographics.

“We see a high share of young buyers who are from dual-income households—couples or young families or soon-to-be families—which stretches their purchasing power,” said Gross. “Many Gen Zers here also have strong family support. It’s common to see gifted down payments or multi-generational financial help that accelerates their ability to buy sooner or buy bigger.”

In a Nov. 2025 Redfin survey of approximately 2,200 recent homebuyers conducted by Ipsos, 26% of young homebuyers said they made their down payment, in part, due to family money—defined as a cash gift from family member(s) or an inheritance—significantly higher than the share of all homebuyers (20%) who said the same.

Environmental and economic factors are at play in Salt Lake City, too.

The Utah metro has ample developable land, which, Gross said, makes new large-home construction more abundant and more affordable than in other areas around the country. Gross added that Salt Lake City boasts a “uniquely strong pipeline” of jobs in technology, healthcare and engineering, often translating to “higher-paying early-career roles.”

When It Comes to Gen Z Large-Homeownership, Midsized Metros Lead the Way

Several midsized metros—including Oklahoma City, OK, Louisville, KY, Cincinnati, Kansas City, MO, and Birmingham, AL—also appeared on Redfin’s top 15 list. All of these happen to be among a handful of metros nationwide where the typical household still makes enough money to comfortably afford a home—a factor that local Redfin agents routinely pointed to when asked why young buyers had above-average access to large properties in these areas.

“Birmingham showing up on those lists doesn’t surprise me at all. One of the biggest drivers here is affordability relative to other metros,” said senior agent Jennifer Hoelsher. “Buyers can still purchase homes with significantly more square footage for the same—or lower—price than what they’d pay in larger cities. That makes three and four bedroom homes much more attainable early on.”

Louisville senior agent Suha Matthews echoed a similar sentiment: “It’s all about affordability, affordability, affordability. The type of property you get for your money in Louisville stretches a long way.”

Many of Matthews’ recent clients have been young singles or couples who work remotely and are looking for lots of space; they want “at least one room as a designated office while having options to turn additional rooms into guest bedrooms or flex space,” she said.

Room to Grow: Gen Z’s Path to More Large-Homeownership

Overall Gen Z homeownership figures are improving slightly; more than one-quarter (27.1%) of the cohort nationwide owned their home in 2025, up from 26.1% a year earlier. The share of large homes owned by Gen Zers nationally (2.2%) lags far behind that of millennials (23.7%), Gen Xers (31.2%), and baby boomers (35.3%)—though much of this is due to life stage.

Still, Zoomers’ prospects for future share gain of large homes remain somewhat complicated, especially as many empty-nest baby boomers aren’t letting go of their own three-plus-bedroom properties.

“Young adults today have to choose between living somewhere they can buy a large single-family home versus living somewhere that will set them up for high lifetime earnings, because the places that have the best job opportunities, like the Bay Area and New York City, have some of the least affordable housing,” said Redfin Chief Economist Daryl Fairweather. “However, there is some middle ground. Gen Zers that live in Washington, D.C., for example, have access to high-paying careers and starter homes in multifamily buildings.”

To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/gen-z-large-home-ownership-2026

About Redfin

Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com.

Contact Redfin Journalist Services:

Kenneth Applewhaite

[email protected]

KEYWORDS: Utah Washington United States North America

INDUSTRY KEYWORDS: Consumer Residential Building & Real Estate Baby Boomers Millennials Construction & Property Generation Z Generation X

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