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).
Renasant reported third-quarter 2024 net income of $72.5 million, or $1.18 diluted EPS, up from $38.8 million and $0.69 in the second quarter, helped by a $38.95 million after-tax gain on the sale of its insurance agency. Adjusted diluted EPS was $0.70, down from $0.74 a year earlier, and the filing also reports that shareholders of Renasant and The First Bancshares approved their merger, with completion expected in the first half of 2025.
Net income $72.5 million in Q3 2024 vs. $38.8 million in Q2 2024 and $41.8 million in Q3 2023
Diluted EPS $1.18 (GAAP) and $0.70 (adjusted, non-GAAP) vs. $0.74 adjusted a year earlier
Shareholders approved the merger with The First Bancshares, Inc.; Renasant expects completion in the first half of 2025
Board approved a new $100.0 million stock repurchase program on October 22, 2024; no buybacks occurred in Q3 2024
Vicor reported third-quarter 2024 revenue of $93.2 million, down 13.6% from a year earlier but up 8.5% from the second quarter. Net income was $11.6 million, or $0.26 per diluted share, versus $16.6 million, or $0.37, a year earlier. For the nine months, the company posted a net loss of $4.1 million, or $0.09 per diluted share, after a $19.5 million litigation-contingency expense.
Q3 2024 revenue $93.2 million, down 13.6% year over year and up 8.5% from Q2 2024 ($85.9 million)
Q3 2024 net income $11.6 million, or $0.26 per diluted share, compared with $16.6 million, or $0.37, in Q3 2023
Nine-month 2024 net loss of $4.1 million, or $0.09 per share, including $19.5 million litigation-contingency expense
Backlog $150.6 million at September 30, 2024, down 13.8% year over year; cash and equivalents $267.6 million
National Bank Holdings Corporation (NBHC) reported third-quarter 2024 net income of $33.1 million, or $0.86 per diluted share, up from $26.1 million, or $0.68, in the second quarter but down from $36.1 million, or $0.94, a year earlier. Its board also approved a 3.6% increase in the quarterly cash dividend to $0.29 per share, payable December 13, 2024.
Q3 2024 net income $33.1 million, $0.86 per diluted share, versus $26.1 million, $0.68, in Q2 2024 and $36.1 million, $0.94, in Q3 2023.
Nine-month 2024 net income $90.6 million, $2.36 per diluted share, versus $108.9 million, $2.85, in the same period of 2023.
Quarterly dividend rises from $0.28 to $0.29 per share, payable December 13, 2024, to shareholders of record at the close of business on November 29, 2024.
Net interest margin widened 11 basis points to 3.87% in the quarter; non-performing loans were 0.31% of total loans at September 30, 2024.
Enphase Energy reported third-quarter 2024 revenue of $380.9 million, up from $303.5 million in the second quarter but below $551.1 million in the third quarter of 2023. GAAP net income was $45.8 million, compared with $113.95 million a year earlier, and GAAP diluted EPS was $0.33 versus $0.80. The company gave a fourth-quarter 2024 revenue outlook of $360.0 million to $400.0 million.
Q3 2024 revenue $380.9 million vs. $303.5 million in Q2 2024 and $551.1 million in Q3 2023
GAAP net income $45.8 million and GAAP diluted EPS $0.33; non-GAAP diluted EPS $0.65 vs. $1.02 in Q3 2023
Q4 2024 revenue outlook $360.0 million to $400.0 million, with 140 to 160 megawatt hours of IQ Battery shipments
Free cash flow $161.6 million; cash, cash equivalents and marketable securities $1.77 billion at September 30, 2024
NVR reported third-quarter 2024 net income of $429.3 million, or $130.50 per diluted share, down 1% in net income but up 4% in diluted earnings per share from a year earlier. Revenue rose 6% to $2.73 billion, while the gross profit margin in homebuilding fell to 23.4% from 24.3%, which the company attributed to higher lot costs and closing cost assistance. The results show higher sales alongside slightly lower net profit for shareholders.
Third-quarter net income was $429.3 million, down 1% from $433.2 million; diluted EPS was $130.50, up 4% from $125.26.
Consolidated revenue was $2.73 billion, up 6% from $2.57 billion; new orders rose 19% to 5,650 units.
Homebuilding gross profit margin fell to 23.4% from 24.3%; mortgage banking segment pre-tax income fell 9% to $34.9 million.
Community Financial System reported third quarter 2024 net income of $43.9 million, or $0.83 per fully diluted share, compared with $44.1 million, or $0.82 per share, a year earlier. Total revenues rose 7.7% year over year to $188.9 million, but EPS fell $0.08 from the second quarter, and management cited a higher provision for credit losses.
Net income $43.9 million, or $0.83 per diluted share, vs $44.1 million, or $0.82, in Q3 2023; down $0.08 per share from Q2 2024 ($0.91)
Total revenues $188.9 million, up $13.6 million (7.7%) year over year; net interest income a record $112.7 million
Provision for credit losses $7.7 million in Q3 2024 vs $2.9 million in Q3 2023; nonperforming loans $62.8 million, or 0.61% of total loans
Quarterly dividend declared at $0.46 per share, up 2.2% from $0.45; no shares repurchased under the 2024 program in Q3
Freeport reported third-quarter 2024 net income attributable to common stock of $526 million, or $0.36 per share, up from $454 million, or $0.31 per share, a year earlier, on revenues of $6.79 billion versus $5.82 billion. The company also disclosed that an October 14, 2024 fire at a gas cleaning facility damaged sulphuric acid production infrastructure, and smelter operations at its new Indonesia downstream processing facilities have been temporarily suspended pending remediation.
Third-quarter revenues were $6.79 billion and operating income was $1.94 billion, compared with $5.82 billion and $1.49 billion in third-quarter 2023.
Adjusted net income attributable to common stock was $556 million, or $0.38 per share, after excluding net charges of $30 million, or $0.02 per share.
The October 14, 2024 fire at PT-FI's new smelter caused no injuries; the company will seek recovery of repair costs under its insurance programs.
Full-year 2024 consolidated sales are expected to approximate 4.1 billion pounds of copper, 1.8 million ounces of gold and 80 million pounds of molybdenum.
Invesco reported third-quarter 2024 results on October 22, 2024. Operating revenues rose 2.2% from the prior quarter to $1.5 billion, but diluted EPS fell to $0.12 from $0.29 because of a one-time non-cash $147.6 million compensation expense tied to changes in retirement vesting criteria. Excluding that charge and other non-GAAP items, adjusted diluted EPS was $0.44, up from $0.43 in the second quarter.
Operating revenues were $1.5 billion, up 2.2% from $1.5 billion... (Q2-24: $1,483.3 million)
Diluted EPS was $0.12 versus $0.29 in Q2-24 and Q3-23; adjusted diluted EPS was $0.44 versus $0.43 in Q2-24
One-time non-cash acceleration of $147.6 million in compensation expense cut the GAAP operating margin to 6.6%
Net long-term inflows were $16.5 billion; the company repurchased 1.5 million shares for $25 million and declared a $0.205 per share common dividend payable December 3, 2024
Dime Community Bancshares reported third-quarter 2024 net income available to common stockholders of $11.5 million, or $0.29 per diluted share, down from $16.7 million, or $0.43, in the second quarter and $13.2 million, or $0.34, a year earlier. Net interest income and the net interest margin rose, but higher credit loss provisions and non-performing loans weighed on earnings, and management expects margin expansion and a relatively flat expense base in the fourth quarter.
Net income available to common stockholders was $11.5 million, or $0.29 per diluted share, versus $0.43 in Q2 2024 and $0.34 in Q3 2023.
Net interest income rose to $79.9 million from $75.5 million in Q2 2024, and net interest margin rose to 2.50% from 2.41%.
Credit loss provision was $11.6 million versus $5.6 million in Q2 2024; non-performing loans were $49.5 million versus $24.8 million.
Management expects continued net interest margin expansion in Q4 2024 and says it expects to keep the expense base relatively flat.
Pentair reported third-quarter 2024 sales of $993 million, down 2% from a year earlier, while GAAP diluted EPS rose 6% to $0.84 and adjusted EPS rose 16% to $1.09. The company raised its full-year 2024 adjusted EPS guidance to approximately $4.27 and set fourth-quarter adjusted EPS guidance of approximately $1.02, but revenue declined and full-year sales guidance was maintained at roughly flat to down 1%.
Q3 2024 sales of $993 million, down 2%; core sales declined 1%
GAAP diluted EPS of $0.84, up 6%; adjusted diluted EPS of $1.09, up 16%
Full-year 2024 adjusted EPS guidance raised to approximately $4.27; GAAP EPS guidance updated to approximately $3.70
Fourth-quarter 2024 sales expected at $965 million to $975 million, down 1% to 2%
Banc of California reported a third-quarter 2024 net loss available to common stockholders of $1.2 million, or $0.01 per diluted share, compared with net earnings of $20.4 million, or $0.12 per diluted share, in the second quarter. The result includes a $60 million pre-tax loss from repositioning $742 million of securities, while adjusted net earnings were $41.4 million, or $0.25 per diluted share, and net interest margin rose to 2.93%.
GAAP net loss available to common stockholders of $1.2 million, or $0.01 per diluted share, for Q3 2024, versus $20.4 million, or $0.12, in Q2 2024
Adjusted net earnings of $41.4 million, or $0.25 per diluted share, include a $60 million pre-tax loss on the securities repositioning
Net interest margin increased 13 basis points to 2.93%; total revenue was $216.7 million versus $259.3 million in Q2
Nonperforming assets rose to $177.0 million, or 0.53% of total assets, from $130.4 million at June 30, 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.