590 material Form 8-K filings that 521 companies we cover made with the SEC in October 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).
Polaris reported third quarter 2024 sales of $1,722.4 million, down 23% from a year earlier, and reported diluted EPS of $0.49, down 81%. The company lowered its full-year 2024 sales and adjusted earnings outlook, now expecting sales down about 20% and adjusted diluted EPS down about 65% versus 2023, which is a weaker outlook for shareholders.
Q3 sales were $1,722.4 million, down 23%; North America sales fell 26% to $1,473 million.
Reported diluted EPS was $0.49, down 81%; adjusted diluted EPS was $0.73, down 73%.
2024 sales outlook is now down about 20% versus 2023, from down 17 to 20%; adjusted EPS outlook is now down about 65%, from down 56 to 62%.
Gross profit margin was 20.6%, down 204 basis points; CEO Mike Speetzen said dealer inventory is targeted to fall 15 to 20% by year-end.
Wintrust Financial reported third-quarter 2024 net income of $170.0 million, or $2.47 per diluted share, up from $152.4 million, or $2.32, in the second quarter. The results include Macatawa Bank since its August 1, 2024 acquisition, and shareholders should note that third-quarter EPS was below the $2.53 reported a year earlier.
Q3 2024 net income $170.0 million, or $2.47 per diluted share, versus $152.4 million, or $2.32, in Q2 2024
Q3 2024 diluted EPS of $2.47 compared with $2.53 in Q3 2023; nine-month 2024 diluted EPS was $7.67 versus $7.71 in 2023
Net interest margin was 3.49% in Q3 2024 versus 3.50% in Q2 2024; management expects roughly 3.50% in Q4 2024
Tangible book value per common share rose to $76.15 at September 30, 2024 from $72.01 at June 30, 2024
Nucor reported third-quarter 2024 net earnings attributable to stockholders of $249.9 million, or $1.05 per diluted share, down from $1.14 billion, or $4.57 per share, a year earlier, on net sales of $7.44 billion, down 15%. The company expects fourth-quarter 2024 earnings to decrease from the $1.05 per share reported for the third quarter, citing lower average selling prices and decreased volumes at the steel mills.
Q3 2024 net earnings attributable to Nucor stockholders were $249.9 million, or $1.05 per diluted share, versus $645.2 million, or $2.68 per share, in Q2 2024 and $4.57 per share in Q3 2023.
Excluding non-cash impairment charges of $123.0 million, adjusted earnings were $353.0 million, or $1.49 per diluted share.
Q3 2024 net sales were $7.44 billion, down 8% from Q2 2024 and down 15% from Q3 2023.
Management expects Q4 2024 earnings to decrease from the $1.05 per diluted share reported for Q3 2024.
Simpson Manufacturing reported third-quarter 2024 net sales of $587.2 million, up 1.2% year over year, but income from operations fell 11.0% to $124.9 million and diluted earnings per share fell to $2.21 from $2.43. The company revised its full-year 2024 outlook, citing reduced housing start expectations, and now expects an operating margin of 19.0% to 19.5%. Management said overall profitability is below its expectations and it is working to align costs with market conditions.
Q3 net sales $587.2 million, up 1.2%; operating margin 21.3% versus 24.2% a year earlier
Net income $93.5 million, down 10.1%; diluted EPS $2.21 versus $2.43
2024 outlook: operating margin 19.0% to 19.5%; capital expenditures $175.0 million to $185.0 million
Management expects U.S. housing starts down in the low single-digit range in 2024
ServisFirst Bancshares reported third-quarter 2024 net income of $59.9 million, up 14.9% from the second quarter and 12.3% from a year earlier, with diluted earnings per share of $1.10. The company also said CFO Kirk Pressley will resign effective October 31, 2024, and Controller Ed Woodie will become interim CFO on that date, a leadership change shareholders will want to monitor.
Q3 2024 net income $59.9 million, up from $52.1 million in Q2 2024 and $53.3 million in Q3 2023
Diluted EPS $1.10, compared with $0.95 in Q2 2024 and $0.98 in Q3 2023
Net interest margin 2.84%, up from 2.79% in Q2 2024
Kirk Pressley resigns as CFO and EVP effective October 31, 2024; Ed Woodie, 57, named interim CFO
Cathay General Bancorp reported third quarter 2024 net income of $67.5 million, or $0.94 per diluted share, up slightly from $66.8 million and $0.92 in the second quarter but down from $82.4 million and $1.13 a year earlier. Non-performing assets rose to $188.0 million from $129.0 million in the prior quarter, mainly due to a $38.1 million loan relationship placed on nonaccrual status, which matters to shareholders because it raised the company's provision for credit losses.
Net income $67.5 million and diluted EPS $0.94, compared with $66.8 million and $0.92 in Q2 2024 and $82.4 million and $1.13 in Q3 2023
Net interest margin 3.04%, up from 3.01% in Q2 2024; net interest income before provision $169.2 million
Non-accrual loans rose 51.7% to $162.8 million; provision for credit losses was $14.5 million versus $6.6 million in Q2 2024
Repurchased 0.8 million shares at an average cost of $42.0 per share, for a total of $35.0 million in the quarter
RLI Corp. reported third quarter 2024 net earnings of $95.0 million ($2.06 per diluted share), up from $13.5 million ($0.29) a year earlier. Operating earnings rose to $60.4 million ($1.31 per share) from $28.3 million ($0.61), and underwriting income reached $40.7 million on a combined ratio of 89.6, compared with $4.2 million on 98.7 in the prior-year quarter. The results include net losses of $32.7 million from Hurricanes Beryl and Helene, but the filing shows substantially higher profit for shareholders.
Net earnings were $95.0 million ($2.06 per share) versus $13.5 million ($0.29 per share) in Q3 2023.
Operating earnings were $60.4 million ($1.31 per share) versus $28.3 million ($0.61 per share) in Q3 2023.
Underwriting income was $40.7 million on a combined ratio of 89.6, compared with $4.2 million on 98.7 a year earlier.
Hurricanes Beryl and Helene reduced underwriting income by $32.7 million net in the quarter.
Medpace reported third-quarter 2024 revenue of $533.3 million, up 8.3% from a year earlier, and GAAP net income of $96.4 million, or $3.01 per diluted share, versus $2.22 in the prior-year quarter. Net new business awards fell 12.7% to $533.7 million, but the net book-to-bill ratio was 1.00x and backlog rose 8.8% to $2,927.4 million. The company forecast full-year 2024 revenue of $2.090 billion to $2.130 billion and GAAP diluted EPS of $11.71 to $12.09.
Q3 2024 revenue was $533.3 million, up 8.3% from $492.5 million; EBITDA rose 31.7% to $118.8 million.
Q3 2024 GAAP net income was $96.4 million, or $3.01 per diluted share, versus $2.22 a year earlier.
Net new business awards were $533.7 million, down 12.7% from $611.5 million; backlog was $2,927.4 million as of September 30, 2024.
2024 guidance: revenue of $2.090 billion to $2.130 billion and GAAP diluted EPS of $11.71 to $12.09.
W. R. Berkley reported third-quarter 2024 net income to common stockholders of $365.6 million, up from $333.6 million a year earlier, and diluted earnings per share of $0.91 versus $0.82. Total revenues rose to $3.4 billion from $3.0 billion, while the reported combined ratio widened to 90.9% from 90.2% and operating return on equity fell to 20.0% from 21.7%. Headline profit and per-share results improved for shareholders, though some underwriting and return measures moderated.
Net income to common stockholders was $365.6 million, compared with $333.6 million in Q3 2023.
Diluted EPS was $0.91 versus $0.82, adjusted for the 3-for-2 stock split effected July 10, 2024.
Reported combined ratio was 90.9% versus 90.2%; operating return on equity was 20.0% versus 21.7%.
Total capital returned to shareholders was $138.3 million, including $95.3 million of special dividends.
AGNC Investment Corp. reported third quarter 2024 results on October 21, 2024, with comprehensive income of $0.63 per share and net income of $0.39 per share, compared with a net loss of $(0.11) per share in the prior quarter. Tangible net book value per share rose 5.0% to $8.82 from $8.40, and the company declared a $0.36 per share dividend, but net spread and dollar roll income fell to $0.43 per share from $0.53.
Net income of $346 million, or $0.39 per share, versus a net loss of $(48) million in the second quarter of 2024
Tangible net book value per share of $8.82 as of September 30, 2024, up from $8.40 as of June 30, 2024
Net spread and dollar roll income of $0.43 per share, down from $0.53 per share in the prior quarter
Issued 78.1 million common shares through at-the-market offerings for net proceeds of $781 million
Zions Bancorporation reported third-quarter 2024 net earnings of $204 million, or $1.37 per diluted share, up from $168 million and $1.13 a year earlier. Net interest margin widened to 3.03% from 2.93%, but classified loans rose sharply to $2.1 billion from $769 million, a level shareholders may watch closely. The filing contains no revised full-year guidance.
Net earnings of $204 million and diluted EPS of $1.37, versus $168 million and $1.13 in 3Q23 and $190 million and $1.28 in 2Q24
Net interest margin of 3.03% versus 2.93% a year earlier; net interest income of $620 million, up 6%
Classified loans of $2.1 billion, or 3.55% of loans, versus $769 million, or 1.35%; provision for credit losses of $13 million versus $41 million
Agreement to buy four FirstBank branches in California's Coachella Valley with about $730 million in deposits and $420 million in loans, pending regulatory approval
TrustCo reported third quarter 2024 net income of $12.9 million, or $0.68 per diluted share, up from $12.6 million in the second quarter but down from $14.7 million, or $0.77 per share, in the third quarter of 2023. Net interest income was $38.7 million, up from $37.8 million in the prior quarter but down from $42.2 million a year earlier, so shareholders see sequential improvement alongside a year-over-year decline.
Net income $12.9 million ($0.68 diluted EPS) vs. $12.6 million ($0.66) in Q2 2024 and $14.7 million ($0.77) in Q3 2023
Net interest income $38.7 million, up from $37.8 million in Q2 2024 and $42.2 million in Q3 2023
Net interest margin 2.61%, up from 2.53% in Q2 2024 and down from 2.85% in Q3 2023
Nine-month net income $37.6 million ($1.97 diluted EPS) vs. $48.9 million ($2.57) for the same period in 2023
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.