73 material Form 8-K filings that 66 companies we cover made with the SEC in January 2024, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Cathay General Bancorp reported fourth-quarter 2023 net income of $82.5 million, or $1.13 per diluted share, roughly flat from the third quarter but down from $97.6 million in the fourth quarter of 2022. For the full year, diluted EPS rose to $4.86 from $4.83, while net income fell 1.8% to $354.1 million, so shareholders see mixed headline results.
Q4 2023 net income $82.5 million ($1.13 diluted EPS), versus $82.4 million in Q3 2023 and $97.6 million ($1.33) in Q4 2022.
Full-year 2023 net income $354.1 million, down $6.5 million from $360.6 million in 2022; diluted EPS $4.86 versus $4.83.
Q4 included an $11.3 million ($0.12 per diluted share) one-time FDIC special assessment.
Net interest margin was 3.27% in Q4 2023, down from 3.38% in Q3 2023; gross loans reached $19.55 billion and deposits $19.33 billion at year-end.
RLI Corp. reported fourth-quarter 2023 net earnings of $114.6 million ($2.49 per diluted share), up from $97.8 million ($2.13) a year earlier, and operating earnings of $1.54 per share, versus $1.53. For the full year, net earnings fell to $304.6 million ($6.61 per share) from $583.4 million ($12.74), a comparison that includes a $434.4 million gain from the 2022 sale of Maui Jim, while underwriting income declined to $173.2 million from $178.2 million. The mixed results show quarterly improvement but a lower full-year underwriting profit.
Q4 2023 underwriting income was $59.8 million on an 82.7 combined ratio, compared with $54.0 million on an 82.1 ratio in Q4 2022.
Full-year 2023 operating earnings were $4.94 per share, up from $4.69 in 2022, while full-year combined ratio worsened to 86.6 from 84.4.
Q4 gross premiums written rose 13%; the company paid a $2.00 per share special dividend, totaling $91.3 million, in the quarter.
Capitol Federal Financial reported net income of $2.5 million, or $0.02 per share, for the quarter ended December 31, 2023, compared with a net loss of $140.4 million in the prior quarter. The company said that excluding losses from its securities strategy, EPS would have been $0.10, but net income fell from $16.2 million, or $0.12 per share, in the year-earlier quarter. The company also declared a quarterly dividend of $0.085 per share payable February 16, 2024.
Net income of $2.5 million, or $0.02 per share, versus a net loss of $140.4 million, or $(1.05) per share, in the quarter ended September 30, 2023
Securities strategy included a $13.3 million loss in the quarter; EPS excluding the strategy was $0.10
Net interest margin rose to 1.71% from 1.21% in the prior quarter; prior-year quarter net income was $16.2 million, or $0.12 per share
Quarterly dividend of $0.085 per share payable February 16, 2024 to holders of record as of February 2, 2024
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.