Micro-Caps — page 5
MiMedx to Buy Sanara MedTech in $350 Million Cash-and-Stock Deal
The combination would nearly double MiMedx’s surgical revenue and broaden its regenerative-medicine portfolio.
Elevance Health Insiders Lead Weekly Buying Clusters
Concentrated open-market purchases emerged across six companies, led by a $1.4 million commitment at Elevance Health.
Mapfre to Acquire Safety Insurance for $1.54 Billion
Safety Insurance Group (SAFT) agreed to be acquired by Mapfre for $105 a share in cash, a 44% premium, months after storm losses pushed the insurer to its first quarterly net loss in the period reviewed.
HomeTrust's Margin Keeps Climbing as Credit Costs Jump
HomeTrust Bancshares (HTB) pushed its net interest margin to 4.41% in the June quarter even as a swing in off-balance-sheet exposure drove provision expense up 149% and return on assets slipped to 1.46%.
Community West Profit Slides as USB Merger Costs Bite
Community West Bancshares closed its merger with United Security Bancshares and pushed assets past $5 billion, but net income fell to $2.70 million from $11.49 million a quarter earlier.
ACNB's Margin Streak Hits 4.56% as Bank Steps Up Payouts
ACNB Corporation (ACNB) posted a fourth straight quarter of net interest margin expansion, reaching 4.56% in the second quarter, even as it paid out a $0.50 special dividend and pushed regular dividends up 10.5%.
Gentherm Posts Record Revenue as Margins and Cash Flow Slip
Gentherm reported record quarterly revenue of $416 million even as gross margin and operating cash flow both weakened from a year earlier.
Orrstown's Margin Slips on Sub-Debt Charge as Deposit Costs Ease
Orrstown Financial Services (ORRF) reported net interest margin compressed to 3.87% in the second quarter, though the decline was driven largely by a $1.6 million accelerated charge tied to redeeming high-cost subordinated debt.
Mapfre to Buy Safety Insurance in $1.54 Billion Cash Deal
The combination would give the New England insurer Mapfre’s global resources while preserving its regional brand and agency relationships.
Northrim to Buy PBCO Financial in $167.3 Million All-Stock Deal
The merger gives Northrim Bancorp its first out-of-state branch expansion, extending the Alaska lender's community banking franchise into Southern Oregon and the Willamette Valley.
LightPath to Sell China Unit, Completing NDAA-Compliant Pivot
LightPath Technologies agreed to divest its Zhenjiang, China manufacturing operations for $4.5 million, capping a multi-year shift to a fully Western-aligned supply chain for defense optics.
Repligen to Buy BioLife in $1.5 Billion Cash-and-Stock Deal
The acquisition would expand Repligen’s cell-therapy offering with a biopreservation business built on recurring consumables revenue.
Passive Ownership Shifts in Index Holdings
Recent data shows significant changes in the share of reported holdings held by passive funds.
Norwood's Margin Widens to 3.90% as Credit Costs Emerge
Norwood Financial (NWFL) posted a record $26.8 million in net interest income in the second quarter as its margin expanded to 3.90%, even as nonperforming loans jumped to 1.23% of loans on a single bankruptcy-linked charge-off.
Colony Bankcorp Hits Profitability Target, Unveils New Deal
Colony Bankcorp's operating return on average assets reached management's 1.20% goal in the second quarter, even as the bank agreed to acquire First Reliance Bancshares for about $163 million.
Repligen to Buy BioLife Solutions in $1.5 Billion Mixed Deal
The acquisition would expand Repligen’s cell-therapy offering with a high-margin consumables business built on recurring revenue.
American Industrial Partners to Buy Avanos in $1.27 Billion Cash Deal
The transaction would give Avanos greater flexibility and resources to expand its medical-device business as a private company.
SEC Presses Insurers and GM to Strip Non-GAAP Cushioning
Staff comment letters in June pushed Prudential to abandon a flagship adjusted-earnings metric and forced General Motors to simplify segment math, part of a broader crackdown on non-GAAP presentation.
Peoples Bancorp Margin Widens Third Straight Quarter as Credit Costs Ease
Net interest margin at Peoples Bancorp (PEBO) expanded to 4.23% and provision expense fell to $4.7 million, even as a bond-portfolio restructuring tied to its pending Citizens merger dented per-share earnings by 18 cents.
Bridgewater Bancshares Margin Widens as Credit Quality Softens
Bridgewater Bancshares posted net interest margin expansion for a third straight quarter even as nonperforming assets nearly doubled to $21.6 million.
First Financial to Buy Finward in All-Stock Deal
The transaction would extend First Financial’s reach across northwest Indiana and Chicago through a 24-location, low-cost deposit franchise.
AdaptHealth Sells Diabetes Unit to Cardinal Health for $235 Million
AdaptHealth (AHCO) agreed to sell its Diabetes Health segment to Cardinal Health for $235 million in cash, narrowing its business to three segments after a year in which Adjusted EBITDA fell 10.5%.
Tempus AI to Buy Personalis in $1.5 Billion Mixed Deal
The acquisition would fold Personalis’ residual-disease tests into Tempus’ AI-enabled precision-oncology platform.
Cracker Barrel to Sell Maple Street Biscuit Company Assets to Biscuit Belly
The divestiture is intended to sharpen the company's focus on its core brand and improve overall profitability.
Cardinal Health to Buy AdaptHealth's Diabetes Unit for $235 Million
The all-cash asset deal lets AdaptHealth shed its diabetes device business to sharpen its focus on sleep and respiratory care in the home.
Netskope and Gloo Lead Weekly Insider Buying Clusters
Six companies saw coordinated open-market purchases by executives and directors this week.
Energy Vault Backlog Swells as CFO Departs Amid Revenue Swings
Energy Vault Holdings (NRGV) flagged a material increase in contract backlog even as quarterly revenue swung from $153.3 million to $21.9 million between successive quarters.
Gyre Therapeutics Swings to Loss as Spending Outpaces Sales Growth
Gyre Therapeutics posted a $9.9 million net loss for the first quarter, its most recent financial disclosure, after operating expenses jumped $12.1 million.
LKCM Headwater to Buy Distribution Solutions Group in All-Cash Deal
The transaction will take the specialty distributor private through a deal offering an 81% premium to a March closing price.
ARRAY Technologies to Buy Affordable Wire Management in $203 Million Mixed Deal
The transaction would broaden ARRAY’s solar balance-of-system portfolio and open growth paths in battery storage and datacenters.