NewzIntel.com

Category: Entertainment

  • MIL-OSI: Amplify ETFs Announces Net Asset Value Adjustment for the Breakwave Tanker Shipping ETF (BWET)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 25, 2025 (GLOBE NEWSWIRE) — Amplify ETFs today announced that the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) was increased by $0.1465 per share on July 23, 2025. This adjustment is a result of a security pricing error in calculating the Fund’s NAV.

    Fund Ticker
    (NYSE Arca)    		 Revised NAV
    (07/23/2025)    		 Original NAV
    (07/23/2025)    		 Change (%)
    Breakwave Tanker Shipping ETF BWET $10.8364 $10.6899 +1.37%
             

    The adjustment represents a one-time correction and no additional NAV changes are anticipated.

    For more information about the Breakwave Tanker Shipping ETF (BWET), visit AmplifyETFs.com/BWET.

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $12 billion in assets across its suite of ETFs (as of 6/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more, visit AmplifyETFs.com.

    Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This material must be accompanied by a prospectus. Please read the prospectus carefully before investing. Investing in freight futures can be volatile and is not suitable for all investors. https://www.amplifyetfs.com/bwet/pro.

    The Fund is not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

    An investment in the Fund involves significant risks. You could lose all or part of your investment in the Fund, and the Fund’s performance could trail that of other investments. The Fund invests solely in Freight Futures. Such concentration may result in a high degree of volatility in the net asset value of the Fund under specific market conditions and over time. Futures are speculative and the value of the Shares of the Fund relates directly to the value of, and realized profit or loss from, the Freight Futures and other assets held by the Fund, and fluctuations in price could materially affect the Fund’s shares.

    Investments in freight futures typically fluctuate in value with changes in spot charter rates. Charter rates for tanker vessels are volatile and although they have increased from historically low levels, there is no guarantee that shipping rates for crude and refined products will remain at such elevated levels. The Fund will not take defensive positions to protect against declining freight rates, which could cause a decline to the value of the Fund’s shares.

    Although the Fund’s shares are listed and traded on the NYSE Arca, there can be no guarantee that an active trading market for the shares will be maintained. If an investor needs to sell shares at a time when no active trading market for them exists, the price the investor receives upon sale of the shares, assuming they were able to be sold, likely would be lower than if an active market existed.

    Breakwave Advisors LLC (“Breakwave”) is a registered “commodity trading advisor” with the NFA and will act as such for the Fund. Breakwave specializes in shipping and freight investments. Amplify Investments LLC, the Sponsor, serves as the “commodity pool operator” to the Fund and is registered in such capacity with the NFA.

    Amplify ETFs are distributed by Foreside Fund Services, LLC.

    The MIL Network –

  • MIL-OSI Analysis: As Spotify moves to video, the environmental footprint of music streaming hits the high notes

    Source: The Conversation – UK – By Hussein Boon, Principal Lecturer – Music, University of Westminster

    CarlosBarquero/Shutterstock

    Spotify currently has 675 million active users. Now, as it expands into video for music streaming and as more people use Spotify, the app’s environmental footprint is set to increase.

    In-video advertisements that aim to increase ad revenue involve AI to tap into a users’ preferences. This means lots of individual videos with minor differences requiring additional processing scaled to the user’s streaming resolution.

    But while Spotify used to publish data on its environmental costs, its reports have been incomplete since 2021. As American author and scholar, Shoshanna Zuboff points out in her book The Age of Surveillance Capitalism, many tech companies lack environmental accountability.



    Read more:
    Music streaming has a far worse carbon footprint than the heyday of records and CDs – new findings

    The Carbon Trust, a consultancy that helps businesses reduce their carbon footprints, works to globally promote a sustainable future and has calculated the European average carbon footprint for video streaming as producing 55g of CO₂e per hour. This CO₂e or carbon dioxide equivalent is a comparable measure of the potential effect of different greenhouse gases on the climate: 55g of CO₂e is 50 times more than audio streaming and the equivalent of microwaving four bags of popcorn.

    Online music videos are becoming the default – but at what environmental cost?
    Song_about_summer/Shutterstock

    As a music technology and AI researcher, I’m aware of the shift in responsibility that comes with Spotify’s video innovations. While companies’ significant role in generating emissions should not be diminished, the shift of responsibility fromt he platform to users and content creators means that better informed choices about their streaming devices and streaming quality settings larger screens need to be made. Streaming at higher resolutions becomes significant factors in increasing video’s carbon footprint.

    This increased responsibility means that end users needs to make better informed choices about their streaming devices and streaming quality settings.

    While companies’ significant role in generating emissions should not be diminished, this shift of responsibility to the end user means that larger screens and streaming at higher resolutions become significant factors in increasing video’s carbon footprint.

    Location also affects how carbon emissions are managed. Germany has the largest carbon footprint for video streaming at 76g CO₂e per hour of streaming, reflecting its continued reliance on coal and fossil fuels. In the UK, this figure is 48g CO₂e per hour, because its energy mix includes renewables and natural gas, increasingly with nuclear as central to the UK’s low-carbon future. France, with a reliance on nuclear is the lowest, at 10g CO₂e per hour.

    There is an absolute burden of responsibility on tech and media companies to reduce their carbon emissions and to be transparent about their efforts to do so. In fact, net zero cannot be achieved without commitments from the major technology companies, many of which are based in the US whose government has not ratified the Kyoto protocol and withdrew from the Paris agreement in 2020 which are both significant global efforts to combat climate change.

    Eco-conscious music streaming

    A French thinktank called the Shift Project advocates for people and companies to adopt “digital sobriety” (the mindful use of digital tech) to ensure efficiency and sustainability. For example, research shows that the UK could reduce its carbon output by more 16,433 tonnes if each adult sent one less thank you email a day.

    Certainly aimless streaming should be avoided because video decoding can account for 35-50% of playback energy on user devices. However, music video is more than mere music. As I have argued in my own work, video “provides a layer of meaning making not present in lyrics or audio alone”.

    Video can bring marginalised music makers, cultures and ideas to the foreground by tackling difficult subjects. Like the work of Syrian-American rapper, poet, activist and chaplain Mona Haydar’s Wrap My Hijab or UK grime rapper Drillminister and his critique of neo-liberalism and trickle-down economics Nouveau Riche.

    To minimise the environmental footprint of your own music streaming, use Wi-Fi rather than 4G or 5G. If you listen to a song repeatedly, purchase a download to play. Use localised storage rather than cloud-based systems for all of your music and video files. Reduce auto-play, aimless background streaming or using streaming as a sleep aid by changing the default settings on your device including reducing streaming resolution. And turn your camera off for video calls, as carbon emissions are 25 times more than for audio only.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Hussein Boon does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. As Spotify moves to video, the environmental footprint of music streaming hits the high notes – https://theconversation.com/as-spotify-moves-to-video-the-environmental-footprint-of-music-streaming-hits-the-high-notes-259939

    MIL OSI Analysis –

  • MIL-OSI Analysis: How to reduce the hidden environmental costs of supply chains

    Source: The Conversation – UK – By Benjamin Selwyn, Professor of International Relations and International Development, Department of International Relations, University of Sussex

    Me dia/Shutterstock

    Global supply chains account for 70% of world trade. They are the arteries of global capitalism, moving goods and services across borders multiple times before reaching consumers.

    Since the early 1990s — as part of economic globalisation — these networks have enabled mass consumption by delivering cheap goods made using cheap labour and shipped globally at minimal cost. But this convenience comes at a catastrophic environmental price.

    The infrastructure that supports global supply chains — ports, highways, railways, data servers — has expanded dramatically, increasing the distance goods travel from production to consumption to disposal. These “supply chain miles” are a major contributor to ecological degradation.

    Worse still, managing these sprawling networks depends on energy-intensive digital technologies, produced and distributed through global supply chains. Electronic waste is soaring, reaching 62 million tonnes in 2022 and projected to increase to 82 million tonnes by 2030.

    Global supply chains have also driven the expansion of global markets. Argentina’s soy industry is a case in point: production surged from under 30,000 tonnes in 1970 to over 60 million tonnes in 2015, largely to feed the world’s growing livestock population.

    Consequently, much of the Argentinian pampas region – previously renowned for its rich biodiversity – has been decimated by soy monocultures.

    As an expert on global supply chains, I study what can be done to remedy this environmentally damaging situation. My research shows that this problem runs deeper than logistics.

    Global supply chains are a key part of the capitalist system that thrives on endless economic growth. Competitive capital accumulation (where profits are reinvested to generate more profits) drives this cycle.

    The global economy is forecast to more than double by 2050. This entails an accelerated use of resources and waste generation, in a world that has already transcended an increasing number of planetary boundaries or safe limits of consumption.



    Read more:
    Society needs a systems update to cope with climate crisis – my new film explains why

    While green technologies can hypothetically make supply chains more efficient, enhanced efficiency under capitalism often leads to more production, not less. Efficiency gains can reduce costs, make goods more profitable and stimulate greater investment. Energy-saving lightbulbs and digital tools, for example, have led to broader adoption and higher overall energy use, rather than a decrease in energy demand.

    Better tech alone won’t reduce environmental harm. We need a shift toward a low-energy economy that prioritises human and ecological wellbeing over profit.

    Public transport, healthcare, open-source software and urban food systems are examples of social provision that are often cheaper, more inclusive and more environmentally sustainable than their profit-orientated alternatives.

    Greening supply chains

    I’ve identified five practical steps that can reduce the environmental footprint of supply chains.

    First, accelerating the transition from fossil fuels to renewables is essential. The Danish Island of Samsø went from fossil fuel dependence to 100% renewable energy by the early 2000s in the space of a decade by constructing and deploying on- and off-shore wind-power and biomass boilers. Scaling up such transitions could power cleaner supply chain infrastructure.

    Second, the electrification of shipping means that battery-powered shipping is no longer science fiction. The Yara Birkeland, the world’s first fully electric cargo ship, recently launched with a 100-container capacity. One study suggests that 40% of container traffic could be electrified this decade using existing technology.

    Third, by designing for durability and repair, digital and electronic products can be built to last and easy to repair. The “right to repair” movement advocates for consumer rights to fix and repair products rather than having to buy new ones and is gaining traction.

    It is challenging corporate control over who can fix what. Six US states have passed laws giving consumers the right to repair their own devices. In the UK, a community initiative called the Restart Project is pushing for stronger regulations and promoting community-based repair initiatives and digital technology sharing.

    Designing products that last and can easily be repaired helps create a more circular and less wasteful economy.
    Natali Ximich/Shutterstock

    Fourth, urban transport needs a rethink. Road transport accounts for about 12% of global greenhouse gas emissions. That sector could be streamlined by shifting supply chains from manufacturing millions of cars to investing in efficient and affordable bus, train and bike networks. Car-free cities and expanded electric public transport networks could slash emissions from road transport. This is already happening in places like Ghent in Belgium, Amsterdam in the Netherlands, Lamu Island in Kenya and Fes el Bali in Morocco.

    Fifth, supply chains can be shortened by shifting diets. Reducing meat consumption could shrink the global feed-livestock chain the vast complex of animal feed production (such as soy) underpinning the burgeoning world cattle population and its associated transport emissions.

    Countries such as Germany, the Netherlands and Denmark have already seen declines in meat consumption over the past decade as plant-based diets have gained popularity. The UK is also experiencing a fall in per capita meat consumption

    These strategies are all tiny steps in the right direction. But, as the US author and environmentalist Bill McKibben says, “winning slowly is the same as losing”. We need much greater and more rapid transformations.

    So, while parts of supply chains can become more sustainable, any efforts will be counterproductive as long as governments and firms continue chasing endless economic growth. What’s needed now is the political and cultural will to prioritise people and the planet over profit.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Benjamin Selwyn does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. How to reduce the hidden environmental costs of supply chains – https://theconversation.com/how-to-reduce-the-hidden-environmental-costs-of-supply-chains-259595

    MIL OSI Analysis –

  • MIL-OSI Security: Two teenagers jailed for the murder of 14-year-old Kelyan Bokassa following a dedicated Met investigation

    Source: United Kingdom London Metropolitan Police

    Two teenagers, who brutally stabbed a 14-year-old boy, have been jailed after detectives from the Metropolitan Police Service conducted a thorough investigation. Following the sentencing hearing, the victim’s mother made a heart-rendering plea for young teenagers to stop carrying knives as she spoke of her immense grief.

    Kelyan Bokassa was stabbed by the pair as he was sat on a bus in Woolwich in January of this year. Despite the best efforts from officers and paramedics at the scene, Kelyan tragically lost his young life.

    Two 16-year-old boys, who cannot be named for legal reasons, were both sentenced at the Old Bailey to a minimum of 15 years, 10 months for murder. They received an additional 12-month sentence for possession of a knife which will run concurrent.

    The teenagers previously pleaded guilty to Keyan’s murder at the same court on Friday, 23 May.

    Detective Chief Inspector Sarah Lee, whose team led the Met investigation, said: “This case has been deeply troubling for all involved and our thoughts remain with Kelyan’s family and loved ones.

    “The harsh reality in London is that violence disproportionately affects young black men and boys. The fact we’re seeing so many teenagers like Kelyan die should be at the forefront of the minds of every politician, every policy maker and everyone who wants better for children growing up in London. Without this collective effort, we won’t be able to tackle knife crime in its entirety.

    “And while I am pleased that Keylan’s mother, Marie, has been spared the emotional turmoil of a trial, I know that she still desperately seeks to understand why three young lives could be considered so disposable.

    “Finally, I would like to recognise the members of the public that comforted Kelyan in his final moments and the witnesses who entrusted my investigation team with their testimonies. It was your bravery that helped us secure justice. Thank you.”

    Marie Bokassa, Kelyan’s mother, said: “My child had a name, it was Kelyan, a future, a heartbeat full of hope. That life was not theirs to take. That moment of violence may have lasted seconds, but the consequences are eternal. They didn’t just take a life; they shattered an entire world. They broke a family, they buried a future, and they left me, a mother dead inside with wounds no justice can ever heal.

    “To the young people who carry knives, I beg you to stop, before you raise that blade, think of your own mother, think of the mothers who will cry every night like I do, who will scream into her pillow, who will walk past her child’s empty room and collapse with grief. Don’t let a moment of anger steal your future. Don’t let the streets raise you in a way your mother never would.

    “Knife crime is not just statistics to us, its caskets, flowers, funerals. Our children being buried before their parents.”

    On the afternoon of Tuesday, 7 January, passengers flagged down passing police officers after Kelyan was stabbed on bus travelling on Woolwich Church Street. These officers began performing emergency first-aid on Kelyan, before the arrival of paramedics. He sadly died a short while later.

    An investigation commenced and detectives quickly recovered bus CCTV and witnessed the two teenagers board the bus, making their way to the top deck.

    One of the 16-year-old boys could be seen smiling as he recognised Kelyan. Only seconds later both boys produced machetes and launched into a violent ambush.

    Kelyan has been stabbed more than eight times, although CCTV showed that they had made more than 27 attempts to wound him.

    Audio from the bus highlighted the terror of the incident as screams from members of the public could be heard, as many attempted to flea the frenzied attack.

    The pair then fled the scene. Officers traced their movements, with CCTV showing them discard the murder weapon into the river.

    Following a manhunt, both were arrested an address in Eltham during the early hours of Wednesday, 15 January.

    MIL Security OSI –

  • MIL-OSI: Federal Home Loan Bank of Des Moines Announces Second Quarter 2025 Financial Results, Declares Dividend

    Source: GlobeNewswire (MIL-OSI)

    DES MOINES, Iowa, July 25, 2025 (GLOBE NEWSWIRE) —

    Second Quarter 2025 Highlights

    • Net income of $194 million
    • Affordable Housing Program (AHP) assessments of $21 million
    • Voluntary community and housing contributions of $43 million
    • Advances totaled $114.8 billion
    • Mortgage loans held for portfolio, net totaled $13.2 billion
    • Letters of credit totaled $17.7 billion
    • Retained earnings totaled $3.6 billion

    Dividend

    The Board of Directors approved a second quarter 2025 dividend to be paid at an annualized rate of 9.75% on average activity-based stock and 6.00% on average membership stock, unchanged from the prior quarter. The Federal Home Loan Bank of Des Moines (the Bank) expects to make dividend payments totaling $145 million on August 12, 2025.

    Liquidity Mission

    The Bank provides liquidity to its members to support the housing, business, and economic development needs of their communities. Members pledge mortgage loans and other collateral to access the Bank’s core liquidity products of advances, letters of credit, and purchased mortgage loans under the Mortgage Partnership Finance® Program. During the six months ended June 30, 2025, advance balances averaged $104.0 billion, letters of credit averaged $19.2 billion, purchased mortgage loan balances averaged $12.4 billion, and the Bank held an average of $27.7 billion of short-term assets as a ready source of liquidity for its members.

    Affordable Housing and Community Impact

    The Bank’s housing and community development programs are central to its mission. The Bank contributes 10% of its net income each year to its AHP, a grant program that supports the creation, preservation, or purchase of affordable housing. This program includes a competitive AHP and two down payment assistance products called Home$tart and the Native American Homeownership Initiative. During the three and six months ended June 30, 2025, the Bank accrued statutory AHP assessments of $21 million and $44 million and voluntarily accrued $5 million and $6 million, to be awarded in 2026 through this program.
    In addition to its AHP, the Bank offers its members voluntary programs to further its housing mission. During the three and six months ended June 30, 2025, the Bank recorded a total of $43 million and $55 million in voluntary community and housing contributions, including the voluntary AHP contribution. Through its voluntary programs in 2025, the Bank:

    • provided $20 million in 0% rate advances to members that originated or purchased mortgage loans from a Habitat for Humanity® affiliate and recorded $4 million in subsidy expense;
    • funded $232 million of home mortgages with an interest rate lower than the current market rate under the Mortgage Rate Relief program, which provided $19 million in grants, including $18 million during the second quarter, to those seeking affordable homeownership; and
    • recorded contributions of $26 million, including $20 million during the second quarter, to its Member Impact Fund to match member donations to local housing and community development organizations.

    Financial Results Discussion

    Net Income – For the three and six months ended June 30, 2025, the Bank recorded net income of $194 million and $399 million compared to $230 million and $504 million for the same periods in 2024.

    Net Interest Income – For the three and six months ended June 30, 2025, the Bank recorded net interest income of $289 million and $537 million, a decrease of $30 million and $131 million when compared to the same periods in 2024. The decrease was due to the yield on interest-earning assets declining at a quicker pace than the cost of interest-bearing liabilities driven primarily by changes in interest rates, which also reduced earnings on invested capital, and a decline in longer-term advances. The decline in net interest income was offset in part by mortgage loan and mortgage-backed security portfolio growth, as well as the call of higher-costing consolidated obligation bonds. In addition, during the three months ended June 30, 2025, the decline was offset by an increase in market value adjustments on the Bank’s fair value hedge relationships.

    Net Interest Spread and Margin – Net interest spread was 0.38 percent and 0.35 percent for the three and six months ended June 30, 2025, a decrease of 0.07 percent and 0.10 percent when compared to the same periods in 2024. Net interest margin was 0.64 percent and 0.61 percent for the three and six months ended June 30, 2025, a decrease of 0.11 percent and 0.13 percent when compared to the same periods in 2024. The declines in net interest spread and margin were driven by the decrease in net interest income discussed above. The Bank’s cost of funds does not include net interest settlements on economic hedges, which are recorded in other income (loss). As a result, net interest spread and margin do not reflect the full impact of the Bank’s funding and hedging strategies and may experience volatility as interest rates change.

    Other Income (Loss) – For the three and six months ended June 30, 2025, the Bank recorded other income of $16 million and $57 million, an increase of $25 million and $62 million when compared to the same periods in 2024, primarily due to the net changes in fair value on the Bank’s trading securities, fair value option instruments, and economic derivatives.

    Other Expense – For the three and six months ended June 30, 2025, the Bank recorded other expense of $90 million and $151 million, an increase of $35 million and $46 million when compared to the same periods in 2024, primarily driven by an increase in voluntary community and housing contributions.

    Assets – The Bank’s total assets increased to $190.0 billion at June 30, 2025, from $165.3 billion at December 31, 2024, driven primarily by an increase in advances and investments. Advances increased $14.9 billion due mainly to an increase in borrowings by large depository institution members and insurance companies. Investments increased $9.3 billion due in part to an increase in short-term investments, mainly federal funds sold and securities purchased under agreements to resell, as well as the purchase of agency mortgage-backed securities and U.S. Treasury obligations.

    Capital – Total capital increased to $10.2 billion at June 30, 2025, from $9.5 billion at December 31, 2024, primarily due to an increase in activity-based capital stock resulting from an increase in advance balances.

     
    Federal Home Loan Bank of Des Moines
    Financial Highlights
    (preliminary and unaudited)
    Dollars in millions
    Selected Balance Sheet Items June 30,
    2025    		   December 31,
    2024
    Advances $ 114,845     $ 99,951  
    Investments   61,353       52,032  
    Mortgage loans held for portfolio, net   13,197       11,896  
    Total assets   190,022       165,253  
    Consolidated obligations   176,770       153,251  
    Capital stock – Class B putable   6,660       5,989  
    Retained earnings   3,617       3,491  
    Total capital   10,225       9,451  
    Total regulatory capital1   10,311       9,489  
    Regulatory capital ratio   5.43 %     5.74 %

    1  Total regulatory capital includes capital stock, mandatorily redeemable capital stock, and retained earnings. The regulatory capital ratio is calculated as regulatory capital as a percentage of period end assets.

      For the Three Months Ended   For the Six Months Ended
      June 30,   June 30,
    Operating Results   2025       2024       2025       2024  
    Net interest income $ 289     $ 319     $ 537     $ 668  
    Provision (reversal) for credit losses on mortgage loans   —       (1 )     —       (2 )
    Other income (loss)   16       (9 )     57       (5 )
    Other expense   90       55       151       105  
    Affordable Housing Program assessments   21       26       44       56  
    Net income $ 194     $ 230     $ 399     $ 504  
    Performance Ratios              
    Net interest spread   0.38 %     0.45 %     0.35 %     0.45 %
    Net interest margin   0.64       0.75       0.61       0.74  
    Return on average equity (annualized)   7.86       9.57       8.20       10.47  
    Return on average assets (annualized)   0.42       0.53       0.45       0.55  

    The financial results reported in this earnings release for the second quarter of 2025 are preliminary until the Bank announces unaudited financial results in its Second Quarter 2025 Form 10-Q filed with the Securities and Exchange Commission, expected to be available next month at www.fhlbdm.com and www.sec.gov.

    The Bank is a member-owned cooperative whose mission is to be a reliable provider of funding, liquidity, and services for its members so that they can meet the housing, business, and economic development needs of the communities they serve. The Bank is wholly owned by nearly 1,250 members, including commercial banks, savings institutions, credit unions, insurance companies, and community development financial institutions. The Bank serves Alaska, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming, and the U.S. Pacific territories of American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The Bank is one of 11 regional banks that make up the Federal Home Loan Bank System.

    Statements contained in this announcement, including statements describing the objectives, projections, estimates, or future predictions in the Bank’s operations, may be forward-looking statements. These statements may be identified by the use of forward-looking terminology, such as believes, projects, expects, anticipates, estimates, intends, strategy, plan, could, should, may, and will or their negatives or other variations on these terms. By their nature, forward-looking statements involve risk or uncertainty, and actual results could differ materially from those expressed or implied or could affect the extent to which a particular objective, projection, estimate, or prediction is realized. As a result, you are cautioned not to place undue reliance on such statements. A detailed discussion of the more important risks and uncertainties that could cause actual results and events to differ from such forward-looking statements can be found in the “Risk Factors” section of the Bank’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC. These forward-looking statements apply only as of the date they are made, and the Bank undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact: Amber Pringnitz
    515.412.2306
    apringnitz@fhlbdm.com

    The MIL Network –

  • MIL-OSI Africa: Merck Foundation marks World ART (Assisted Reproductive Technology) Day 2025 by providing 716 scholarships of Embryology, Fertility and Reproductive care in 41 countries in Africa and Asia

    Source: APO – Report:

    • Merck Foundation has made history by training the first local Embryologists and Reproductive & Fertility Experts in many countries such as The Gambia, Liberia,  Burundi, Guinea, Chad, Niger, Sierra Leone, Malawi, and Congo. Moreover, supported training for the staff of First Public IVF Centers in Rwanda, Burundi, Ethiopia, Niger, Bangladesh, and Myanmar.
    • Merck Foundation launched “More Than a Mother Animation Film” that raises awareness about breaking infertility stigma, infertility prevention and male infertility, watch here: https://apo-opa.co/44PGUEB

    Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, marks ‘World ART (Assisted Reproductive Technology) Day 2025’ together with African and Asian First Ladies, who are also the Ambassadors of “Merck Foundation More Than a Mother” Campaign, by building and advancing fertility care capacity in Africa and Asia.

    Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of “More Than  a Mother” emphasized, “At Merck Foundation we mark World Assisted Reproductive Technology Day by building Fertility and Reproductive Care capacity and empowering infertile women by improving their access to information, change of mindset and quality & equitable fertility care across Africa & Asia as part of our “More than a Mother” campaign.

    I am very proud to share that we have provided till today 716 scholarships of Embryology, Fertility and Sexual & Reproductive care to young doctors from 41 countries in Africa and Asia to be the local Embryologists, Fertility & Reproductive care experts in their countries. Moreover, many of our Alumni were trained to be the first local experts in their countries where they never had even a single local embryologist or fertility specialist before our program such as; The Gambia, Burundi, Guinea, Chad, Niger, Sierra Leone, Liberia, Malawi, Congo , Mozambique and more.

    Together with African First Ladies, and other important partners, we are making history and reshaping the landscape of fertility & Reproductive care across Africa and beyond”, added Dr. Kelej.

    Merck Foundation “More Than a Mother” is a powerful campaign that defines interventions to build quality and equitable Reproductive and Fertility Care Capacity, Break Infertility Stigma and Raise Awareness about Infertility Prevention and Male Infertility.

    Merck Foundation has provided 2280 scholarships for doctors from 52 countries in 44 critical and underserved medical specialties.

    “To give an overview, out of our total 716 scholarships for Fertility and Reproductive care, we have provided more than 324 Scholarships for clinical and practical training to Fertility Specialists and Embryologists, and more than 392 Scholarships for PG Diploma and Master Degree in Sexual and Reproductive Medicine, Clinical Psychiatry, Women’s Health, Biotechnology of Human Assisted Reproduction & Embryology, Urology, Laparoscopic Surgical skills and Family Medicine to doctors from 41 countries across Africa and Asia. We are proud of this achievement”, added Dr. Rasha Kelej.

    According to WHO data, more than 180 million couples in developing countries – that is 1 in every 4 couple, suffer from infertility. In many cultures in Africa, infertility is a huge stigma. Women are solely blamed for failing to conceive and the social stigma of childlessness, especially for women leads to isolation and stigmatization and results in discrimination and ostracism. This mostly also leads to divorce or physical or psychological violence. As a part of “More Than a  Mother” Campaign, Merck Foundation has launched many initiatives to break this stigma and create a culture shift.

    Merck Foundation has also been empowering childless and infertile women through their “Empowering Berna” initiative under their “More Than a Mother” movement. This initiative helps women who cannot be treated for infertility anymore by helping them get trained to establish small businesses so that they can be independent and rebuild their lives. Through ‘Empowering Berna’, the lives of many infertile women have been transformed in many African countries like Kenya, Uganda, Nigeria, Central African Republic, Niger, Malawi, and many more.

    “It’s all about giving every woman the respect and the help she deserves to lead a fulfilling life, with or without a child,” added Dr. Kelej.

    Moreover, Merck Foundation has trained more than 3700 media representatives from more than 35 countries to raise community awareness and break the stigma around infertility and infertile and childless women.

    Merck Foundation in partnership with Africa’s First Ladies, has also launched ‘More Than Mother’ Children’s storybook to emphasize strong family values of love and respect from a young age which will reflect on eliminating the stigma of infertility and the resulted domestic violence in the future. The storybooks have been localized for each country and in three languages, English, French and Portuguese to better connect with the young readers. The book has also been adapted to an animation film.

    Watch More Than a Mother Animation Film here: https://apo-opa.co/44PGUEB

    Merck Foundation’s pan African TV program “Our Africa”, that is conceptualized, produced, directed, and co-hosted by Senator, Dr. Rasha Kelej, CEO of Merck Foundation and features African Fashion Designers, Singers, and prominent experts from various domains with the aim to raise awareness and create a culture shift across Africa, has many episodes dedicated to raise awareness about infertility and breaking infertility stigma.

    Watch the episodes here:

    Episode 3: https://apo-opa.co/44OQc3I

    Episode 5: https://apo-opa.co/4f6JZDz

    Episode 10: https://apo-opa.co/4lgc7Wx

    Merck Foundation has also released about 30 songs, many of these songs have been created with the aim to break the infertility stigma, as a part of their “More Than a Mother” campaign. Listen to some of the songs here:

    1. Watch, share & subscribe to the ‘Plus qu’une MERE’ composed and sung by Ms. Lucky-Lou, the daughter of The President and The First Lady of Burundi: https://apo-opa.co/46YM2aD
    2. Watch, share & subscribe to the “More Than a Mother” song by Cwesi Oteng and Adina from Ghana: https://apo-opa.co/3H5X2bP
    3. Watch, share & subscribe to the “More Than a Mother” song by Zambian Soul Singer Wezi: https://apo-opa.co/4f3DIIM
    4. Watch, share & subscribe to the “More Than a Mother” song by Sunita Daffeh from the Gambia: https://apo-opa.co/471MBAx

    Listen to all “More than a Mother” songs here:

    https://apo-opa.co/4mai2wX

    “To address this important issue of breaking infertility stigma and also a wide range of other social issues, we annually launch Merck Foundation ‘More Than a Mother’ Awards in partnership with African First Ladies. I would also like to invite the African Community of Media, Fashion, Filmmaking, and Musicians, students, and potential talents in these fields to apply for the awards this year by sharing their creative work on submit@merck-foundation.com”, concluded Senator, Dr. Rasha Kelej.

    – on behalf of Merck Foundation.

    Addtional Images: 
    https://apo-opa.co/4f3DDEY

    Contact:
    Mehak Handa
    Community Awareness Program Manager 
    Phone: +91 9310087613/ +91 9319606669
    Email: mehak.handa@external.merckgroup.com

    Join the conversation on our social media platforms below and let your voice be heard:
    Facebook: https://apo-opa.co/4f6SOgJ
    X: https://apo-opa.co/4f9yYRV
    YouTube: https://apo-opa.co/4lIrMyD
    Instagram: https://apo-opa.co/4mgf4XZ
    Threads: https://apo-opa.co/3IEKOaL
    Flickr: https://apo-opa.co/4lIrQ1l
    Website: www.Merck-Foundation.com
    Download Merck Foundation App: https://apo-opa.co/3GR2fEp

    About Merck Foundation:
    The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare and scientific research capacity and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4f6SOgJ), X (https://apo-opa.co/4f9yYRV), Instagram (https://apo-opa.co/4mgf4XZ), YouTube (https://apo-opa.co/4lIrMyD), Threads (https://apo-opa.co/3IEKOaL) and Flickr (https://apo-opa.co/4lIrQ1l).

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI: Bitget Wallet Joins Malaysia Blockchain Week as Web3 Gains Ground in the Multicultural Market

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 25, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, joined founders, builders, and investors at Malaysia Blockchain Week to explore the country’s growing role in shaping Southeast Asia’s Web3 future. With over 3,300 participants from 20 countries gathering in Kuala Lumpur, the event marked a high point in Malaysia’s ongoing effort to position itself as a nexus of blockchain innovation and financial inclusion.

    Bitget Wallet’s Head of Growth, Will Wu, spoke at two panels during the week, including a main stage discussion on community-building and the Web3 Infra Day, where he was joined by representatives from Aptos, Polkadot, and Manta Network. The conversation focused on simplifying fragmented blockchain experiences, improving interoperability, and designing tools that lower barriers to entry for everyday users. “In Malaysia, you see communities where crypto is not just investment — it’s part of how people save, send, and increasingly, spend,” Wu said. “The momentum here is being driven not just by capital, but by local builders creating products that reflect how people actually live and transact.”

    While Singapore often dominates the regional narrative, Malaysia is quietly building a complementary path — one rooted in grassroots adoption, multicultural participation, and a younger, mobile-first demographic. The country’s multi-ethnic population, spanning Malay, Chinese, Indian, and indigenous communities, offers a uniquely diverse testing ground for Web3 use cases that range from retail payments to creative economy tools.

    Bitget Wallet also joined Blockchain & AI Summit hosted by Pushpendra Singh as a supporting partner during the week. The summit drew over 300 builders for focused discussions on real-world adoption, decentralized identity, and the convergence of AI and Web3. Bitget Wallet’s involvement reflected its ongoing engagement with Southeast Asia’s grassroots developer and creator communities. In a setting that prioritized pragmatic use cases, the event reinforced a key theme of the week: Malaysia’s strength lies in its culturally rooted, multilingual builder ecosystem — one ready to localize blockchain for everyday use.

    Bitget Wallet’s participation underscored this shift from speculation to infrastructure. The wallet has leaned into utility-focused tools — from stablecoin payments to token discovery — that resonate with local behaviors. As Malaysia continues to carve out its place on the global Web3 map, its value may lie less in being the next crypto capital, and more in showing how diverse communities can make decentralized technology part of ordinary life.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bbbc4fe-79ed-4819-bedd-8919feaff3df

    The MIL Network –

  • MIL-OSI: Bitget Wallet Joins Malaysia Blockchain Week as Web3 Gains Ground in the Multicultural Market

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 25, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, joined founders, builders, and investors at Malaysia Blockchain Week to explore the country’s growing role in shaping Southeast Asia’s Web3 future. With over 3,300 participants from 20 countries gathering in Kuala Lumpur, the event marked a high point in Malaysia’s ongoing effort to position itself as a nexus of blockchain innovation and financial inclusion.

    Bitget Wallet’s Head of Growth, Will Wu, spoke at two panels during the week, including a main stage discussion on community-building and the Web3 Infra Day, where he was joined by representatives from Aptos, Polkadot, and Manta Network. The conversation focused on simplifying fragmented blockchain experiences, improving interoperability, and designing tools that lower barriers to entry for everyday users. “In Malaysia, you see communities where crypto is not just investment — it’s part of how people save, send, and increasingly, spend,” Wu said. “The momentum here is being driven not just by capital, but by local builders creating products that reflect how people actually live and transact.”

    While Singapore often dominates the regional narrative, Malaysia is quietly building a complementary path — one rooted in grassroots adoption, multicultural participation, and a younger, mobile-first demographic. The country’s multi-ethnic population, spanning Malay, Chinese, Indian, and indigenous communities, offers a uniquely diverse testing ground for Web3 use cases that range from retail payments to creative economy tools.

    Bitget Wallet also joined Blockchain & AI Summit hosted by Pushpendra Singh as a supporting partner during the week. The summit drew over 300 builders for focused discussions on real-world adoption, decentralized identity, and the convergence of AI and Web3. Bitget Wallet’s involvement reflected its ongoing engagement with Southeast Asia’s grassroots developer and creator communities. In a setting that prioritized pragmatic use cases, the event reinforced a key theme of the week: Malaysia’s strength lies in its culturally rooted, multilingual builder ecosystem — one ready to localize blockchain for everyday use.

    Bitget Wallet’s participation underscored this shift from speculation to infrastructure. The wallet has leaned into utility-focused tools — from stablecoin payments to token discovery — that resonate with local behaviors. As Malaysia continues to carve out its place on the global Web3 map, its value may lie less in being the next crypto capital, and more in showing how diverse communities can make decentralized technology part of ordinary life.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bbbc4fe-79ed-4819-bedd-8919feaff3df

    The MIL Network –

  • MIL-OSI: HTX Gives Away $500,000 Rewards to Celebrate Ethereum’s 10th Anniversary: Newcomers, Traders, and Loyal Users All Win

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, July 25, 2025 (GLOBE NEWSWIRE) — As the Ethereum blockchain approaches its 10th anniversary on July 30, HTX, a leading global crypto exchange, is commemorating this significant milestone with a week-long global giveaway totaling $500,000 in rewards. Running from July 25, 10:00 to August 1, 10:00 (UTC), the campaign honors a decade of DeFi, NFT, and DAO innovations that Ethereum helped shape, while empowering its community to continue exploring value in the new crypto cycle.

    Diversified Trading and Referral Rewards for All Users

    Welcome Gift for New Users & First-Time Traders: Simply complete a spot or futures trade of any amount during the campaign to unlock a welcome gift. Eligible participants will receive either $3 in ETH or free ETH futures positions worth up to 1,000 USDT. Daily rewards are limited to the first 2,000 qualifying users. Please note that futures position claims require Level 1 KYC verification and a minimum net deposit of 100 USDT into your Futures account.

    Social Sharing & Referral Incentives: Share this exciting event on any social platform and invite a friend! If your friend registers and trades over 100 USDT on HTX, both of you can earn a 20 USDT Futures Trial Bonus. To qualify, both inviters and invitees must enroll in the event and complete Level 3 KYC verification. Rewards are available for the first 1,000 qualified participants.

    Comeback Bonuses for Inactive Users: Red carpet for returning friends!

    Spot Traders: Inactive spot traders who haven’t used HTX Spot since June 1, 2025, can receive a shot at winning up to 10 ETH through a lucky draw by simply restarting their spot trading.

    Futures Traders: For inactive futures traders (last active before July 10, 2025), HTX is offering APY Booster Coupons for SmartEarn, increasing APY by 3-8% based on net deposits to their Futures accounts. Combined with the current 2% base APY, users can enjoy up to 10% APY for SmartEarn!

    Special Offers for Ethereum’s Ecosystem Crypto Traders and HTX Earn Users

    $200,000 Trading Contest for Top Ethereum Ecosystem Cryptos: A dedicated trading contest is now live on HTX for top Ethereum ecosystem cryptocurrencies, including ETH, ETHFI, UNI, LINK, ENA, AAVE, CRV, LDO, MKR, and ENS. Users who register for the contest and trade at least 5,000 USDT in spot or 20,000 USDT in futures with these cryptos will be ranked by volume. The top traders will share a 200,000 USDT prize pool based on their ranking:

    • The top five traders will receive individual $HTX rewards ranging from $6,000 to $30,000.
    • Participants ranked sixth through twentieth will split $60,000.
    • The remaining $66,000 will be distributed proportionally among other eligible participants.
    • Additionally, margin traders whose margin trading volume hits 5,000 USDT or more can compete for a dedicated $HTX token prize pool worth $30,000.

    Exclusive ETH Earn Opportunities: ETH holders also have special opportunities:

    • First-time HTX Earn users can subscribe to a special ETH product offering a remarkable 100% APY! This is a one-time opportunity requiring Level 2 KYC verification.
    • Furthermore, all users can enjoy 6% APY on the ETH Flexible Earn product, featuring hourly compounding and instant withdrawals.

    Important Note: All participants must click “Register Now” on the campaign page to enroll. Only trades, deposits, and subscriptions completed after registration will be counted. Rewards will be distributed within seven business days following the campaign’s end.

    From 2015 to 2025, Ethereum has been the backbone of Web3 innovation. Now, HTX is proud to celebrate this milestone with a campaign designed to reward its community and fuel the future of decentralized finance. Register today on HTX and trade your way into the next decade of Ethereum.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.

    Disclaimer: This content is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a59ff0b-12f0-495f-b6e1-4d6e56171fcb

    The MIL Network –

  • MIL-OSI: Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) — At the end of the settlement date of July 15, 2025, short interest in 3,260 Nasdaq Global MarketSM securities totaled 13,792,841,090 shares compared with 14,138,758,851 shares in 3,257 Global Market issues reported for the prior settlement date of June 30, 2025. The mid-July short interest represents 2.37 days compared with 2.59 days for the prior reporting period.

    Short interest in 1,647 securities on The Nasdaq Capital MarketSM totaled 2,853,251,720 shares at the end of the settlement date of July 15, 2025, compared with 2,790,159,938 shares in 1,636 securities for the previous reporting period. This represents a 1.00 day average daily volume; the previous reporting period’s figure was 1.00.

    In summary, short interest in all 4,907 Nasdaq® securities totaled 16,646,092,810 shares at the July 15, 2025 settlement date, compared with 4,893 issues and 16,928,918,789 shares at the end of the previous reporting period. This is 1.84 days average daily volume, compared with an average of 1.72 days for the prior reporting period.

    The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

    For more information on Nasdaq Short interest positions, including publication dates, visit
    http://www.nasdaq.com/quotes/short-interest.aspx
    or http://www.nasdaqtrader.com/asp/short_interest.asp.

    About Nasdaq:
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.     

    NDAQO

    Media Contact:
    Maximilian Leitenbeger
    Maximilian.leitenberger@nasdaq.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/191e07e7-3c36-44fc-a732-fcbe0fed5e44

    The MIL Network –

  • MIL-OSI: Decorated Veteran and Top-Producing Loan Officer Brian Bloete Joins Rate

    Source: GlobeNewswire (MIL-OSI)

    MONTVILLE, N.J., July 25, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, proudly announces the addition of Brian Bloete, a decorated U.S. Marine Corps veteran and top-producing loan officer, to its team in Montville, NJ. Bloete joins Rate as part of the company’s continued commitment to attracting elite originators who prioritize service, integrity, and performance.

    Since joining the mortgage industry in 2016, Bloete has closed more than $250 million in loans, earning recognition as a Scotsman Guide Top 1% Originator every year from 2020 through 2025. Known for delivering tailored financing solutions and guiding clients through complex lending decisions with confidence, Bloete brings a customer-first mindset and proven production to Rate’s expanding Northeast footprint.

    “I moved to Rate to join a winning team, one with cutting-edge technology and product offerings that allow me to better serve every client,” said Bloete. “This platform empowers me to provide personalized mortgage solutions that make a real difference for borrowers.”

    “We’re very excited to welcome Brian, a proud U.S. Marine Corps veteran and top-producing loan officer, to Rate,” said Jeff Nelson, Chief Production Officer, East at Rate. “His success stems from ensuring borrowers receive tailored mortgage options that are specific to their home needs while always prioritizing the customer-first philosophy. Welcome to Rate, Brian!”

    Rate continues to attract elite producers looking to grow their businesses while delivering exceptional borrower outcomes. The addition of Brian Bloete reinforces Rate’s strong presence in the Montville area and its appeal to highly accomplished, service-driven professionals.

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years. Visit rate.com for more information.

    Media Contact:
    press@rate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc943baf-2e5a-4e9a-a769-cbdfb4d4179e

    The MIL Network –

  • MIL-OSI Submissions: How bachata rose from Dominican Republic’s brothels and shantytowns to become a global sensation

    Source: The Conversation – USA (2) – By Wilfredo José Burgos Matos, Adjunct Assistant Professor of Latin American and Latino Studies, Lehman College, CUNY

    Once viewed by elites with disdain, bachata has become popular worldwide. Erika Santelices/AFP via Getty Images

    What began as songs about heartbreak in the brothels and barrios of the Dominican Republic in the 1960s has become a worldwide sensation.

    Even the Bee Gees have gotten a bachata spin. Prince Royce’s bilingual take on the 1977 hit “How Deep Is Your Love” has topped the Latin music charts this summer and proves bachata is no longer chasing the mainstream but reimagining the pop canon.

    Bachata dance classes, parties and festivals have sprung up across the U.S. in recent years, everywhere from Philadelphia to Los Angeles, and Omaha, Nebraska, to Oklahoma City.

    It’s easy to find abroad as well. Upcoming bachata festivals are happening in cities in Austria, Egypt, Australia and China.

    Instructors teach a bachata class in Warsaw, Poland, in July 2025.
    Neil Milton/SOPA Images/LightRocket via Getty Images

    I’m a scholar of Dominican culture and the senior researcher for the History of Dominican Music in the U.S. project at the City University of New York’s Dominican Studies Institute. I see bachata as a revealing window into modern post-1960s Dominican history – and one that spotlights the emotional truths and everyday experiences of poor and Black Dominicans in particular.

    Music from the margins

    Bachata was born in the Dominican countryside and later developed in the shantytowns of Santo Domingo, the capital. In most Latin American dictionaries, the word “bachata” is loosely defined as “revelry” or “a spree.”

    The distinctive sound is formed from guitars, bongos, bass and the güira – a percussion instrument also used in merengue music – and accompanied by typically romantic or bittersweet lyrics.

    The music was long associated with the lower classes and Black Dominicans.

    The genre’s first recording came in 1962, just over a year after Rafael Leónidas Trujillo, a brutal dictator who ruled the island for 31 years, was assassinated. Trujillo’s death marked the beginning of a new cultural and political era in the Dominican Republic, although democratic hopes were soon shattered by a military coup, civil war and a second U.S. intervention following an earlier one between 1916-1924.

    Urban and middle-class Dominicans looked down on bachata as the music played in brothels and favored by poor, rural people who started to migrate to urban areas in large numbers in the 1960s. It was played almost exclusively on Radio Guarachita, a Santo Domingo station run by Radhamés Aracena, a key promoter of the genre.

    Amid a country reeling from political upheaval, bachata emerged as a soundtrack to working-class survival. The guitar-based rhythms were shaped by Cuban bolero and son and Mexican ranchera music, while the lyrics chronicled daily struggles, grief and marginalization.

    In most Latin American dictionaries, the word ‘bachata’ is loosely defined as ‘revelry’ or ‘a spree.’ This reflects its early development in informal social spaces where friends gathered to sing their hearts out, share drinks and escape daily hardships.
    CUNY Dominican Studies Institute Library, The Deborah Pacini Hernández Bachata Music Collection

    Bachata’s shifting language

    In the 1960s, bachata lyrics centered on heartache and were often directed at a romantic partner.

    “Understand me, you know I love only you. Don’t deny me the hope of kissing you again,” Rafael Encarnación sang in Spanish in his 1964 song “Muero Contigo,” or “I Die With You.”

    By the late 1970s and early 1980s, sexual innuendos were common, adding to the genre’s low standing among Dominican elites.

    “I gave you everything you ever wanted, but it was all useless because you went looking for another man,” Blas Durán sang in 1985. “I was left like the orange vendor – peeling so someone else could suck the fruit.”

    To reclaim respect for bachata, some artists, such as Luis Segura and Leonardo Paniagua, in the mid-1980s began calling their music música de amargue, or “music of romantic bitterness.”

    What began as a genre label gradually transformed into a sensibility. “Amargue” came to name a feeling marked by longing, loss and quiet introspection – akin to “feeling the blues” in the U.S.

    American blues similarly emerged from the hardships faced by Black Americans in the South and expressed themes of sorrow, resilience and reflection.

    By the 1990s, the stigma surrounding bachata began to fade, partly due to the international success of Dominican star Juan Luis Guerra and his album Bachata Rosa. The album sold more than 5 million copies worldwide by 1994, earned Guerra a Grammy Award for best tropical Latin album, and was certified platinum in the U.S.

    As acceptance of the genre grew, traditional bachateros in the Dominican Republic continued releasing bachata albums. However, Dominican pop, rock and other artists also began recording bachatas – such as 1990’s “Yo Quiero Andar” by Sonia Silvestre and 1998’s “Bufeo” by Luis “El Terror” Días.

    Aventura performs for a crowd in Madrid in 2024. It was the group’s first tour since their split in 2011.
    Ricardo Rubio/Europa Press via Getty Images

    Bachata goes mainstream

    Migration to the U.S. is a pivotal chapter in Dominican history after the 1960s. The U.S. Immigration Act of 1965 functioned as a de facto immigration policy and encouraged a large-scale exodus from the Dominican Republic.

    By the mid-1990s, a strong and vibrant Dominican diaspora was firmly established in New York City. The Bronx became the birthplace of Grupo Aventura, a group that revolutionized bachata by blending its traditional rhythms with urban genres such as hip-hop.

    “Obsesión,” released in 2002, was an international hit.

    Their music reflected the bicultural diaspora, often torn between nostalgia for their homeland and everyday challenges of urban American life. Against the backdrop of city life, bachata found a new voice that mirrored the immigrant experience. The genre shifted from a shared feeling of loss and longing to a celebration of cultural community.

    In 2002, the song “Obsesión” by Aventura and featuring Judy Santos topped music charts in France, Germany, Italy, the U.S. and elsewhere. The group Aventura and, later, lead singer Romeo Santos as a solo artist sold out Madison Square Garden and Yankee Stadium, respectively.

    As they rose in fame, Aventura became global ambassadors for Dominican culture and made bachata mainstream.

    Puerto Rican bachatero Toby Love performs during an event held by Democratic presidential candidate Hillary Clinton on April 9, 2016, in New York City.
    Andrew Renneisen via Getty Images

    Global spin on bachata

    Bachata’s popularity has also spread to other countries in Latin America, and especially among working-class and Afro-descendant communities in Central America that see their own realities reflected in the music.

    At the same time, Dominican diasporic communities in countries such as Spain and Italy carried the genre with them, where it continued to evolve.

    In Spain, for example, bachata experienced a creative transformation. By the mid-2000s, bachata sensual had emerged as a dance style influenced by zouk and tango, emphasizing smooth, body-led movements and close partner connection.

    Around the same time, modern bachata also developed between Spain and New York City. This style is a departure from traditional bachata, which focuses on the box step and fast footwork, and incorporates more turns and other elements from salsa.

    In 2019 bachata was added to UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity, which also lists Jamaican reggae and Mexican mariachi.

    Today, bachata’s influence is truly global. International conferences dedicated to the genre attract dancers, musicians and scholars from around the world. Puerto Rican, Colombian and other artists from diverse cultural and racial backgrounds continue to nurture and reinvent bachata.

    At the same time, more women, such as Andre Veloz, Judy Santos and Leslie Grace, are building careers as bachata performers and challenging a traditionally male-dominated genre.

    Natti Natasha performs at an album release party for ‘En Amargue,’ her 2025 album produced by bachata icon and former Aventura singer Romeo Santos.
    John Parra/WireImage via Getty Images

    Bachata holds a place not only on the world stage but in the hearts of Latino, Black, Asian and many other communities in the U.S. that recognize the genre’s power to tell stories of love, loss, migration and resilience.

    Wilfredo José Burgos Matos does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. How bachata rose from Dominican Republic’s brothels and shantytowns to become a global sensation – https://theconversation.com/how-bachata-rose-from-dominican-republics-brothels-and-shantytowns-to-become-a-global-sensation-260886

    MIL OSI –

  • MIL-OSI Russia: Kazakhstan has become the largest source of tourists in Central Asia for China’s Hainan Province

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 25 (Xinhua) — Kazakhstan has become the largest source of tourists in Central Asia for China’s island province of Hainan, according to a Hainan tourism presentation held in Astana on Wednesday.

    According to the results of the first half of this year, the famous resort province of Hainan received a total of 40.2 thousand citizens of Kazakhstan, which was 41.4 percent more in annual terms. Thus, Kazakhstan entered the world’s top four sources of travelers for Hainan, according to statistics.

    According to information posted on the official website of the Hainan Provincial Government, the tourism presentation in Astana introduced those present to health and wellness tourism products and demonstrated the province’s new image as an international center for tourism consumption.

    The rapid development of tourism cooperation between Hainan Province and Kazakhstan is due to regular air traffic. Currently, a number of Kazakhstan airlines have launched direct flights connecting cities in Kazakhstan and Hainan Province.

    Air Astana is making great efforts to promote cooperation between Kazakhstan and China in air transport. In the future, the airline plans to intensify cooperation with Hainan travel agencies and launch more flights to provide passengers with better quality services, the airline said.

    The presentation is organized by the Hainan Province Department of Tourism, Culture, Radio, Television, Physical Culture and Sports. The event was held as part of the Year of China Tourism in Kazakhstan. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Africa: The World Health Organization (WHO) mobilizes digital influencers to combat diseases in Angola

    Source: APO – Report:

    .

    The World Health Organization (WHO) is betting on an innovative approach to stop preventable diseases: engaging digital influencers to directly convey prevention messages to the public through social media.

    This strategy comes in the context of the cholera outbreak that has been affecting the country since January 2025, with 27,609 cases and 769 deaths recorded in 18 provinces. In addition to containment actions on the ground, the WHO has recognized the importance of occupying the digital space with life-saving content, especially among young people, where incorrect information often circulates.

    Between May 15 and July 22, the WHO launched the digital campaign “Together Against Cholera,” which featured six Angolan influencers: Dr. Aurea de Carvalho, Carla Morais, Xofela, Leocádia Tamara, Maria Correia, and Stela de Carvalho. Six educational videos were produced and shared on Facebook, Instagram, and TikTok, with content focused on hygiene, sanitation, and public health.

    Monitoring data from the WHO’s social media pages show that the impact was significant: the videos exceeded 600,000 views, with an average of 3,353 likes, 100 shares, and 70 comments per post, totaling more than 20,000 interactions. 

    Television presenter Stela de Carvalho, who supported the initiative, highlighted its importance, stating: “Participating in this campaign was a way to use my voice to save lives.” For her part, influencer Xofela reinforced the social role of social media, emphasizing: “Campaigns like this show that social media can be used for the common good.”

    According to João Carlos Domingos, WHO communications assistant in Angola, this approach is increasingly necessary: “Digital has become the main channel of information for many young people, but it is also where a lot of misinformation circulates. We need to fill that space with content that saves lives.”

    With the encouraging results of this campaign, the WHO in Angola intends to extend this strategy to other areas of public health, namely the prevention of communicable and non-communicable diseases such as malaria, tuberculosis, measles, and hepatitis.

    The influencers involved have already expressed interest in continuing to collaborate, reinforcing the idea that digital communication, when well guided, can be a powerful ally of public health.

    – on behalf of World Health Organization (WHO) – Angola.

    MIL OSI Africa –

  • MIL-OSI Russia: US-led coalition forces raid northern Syria

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    DAMASCUS, July 25 (Xinhua) — U.S.-led coalition forces carried out a helicopter-backed raid in northern Syria early Thursday and captured a senior Islamic State (IS) commander along with several others, local media reported.

    Three coalition helicopters were circling low over the town of al-Bab, in eastern Aleppo province, while special forces surrounded a neighborhood and stormed a residential building, private television channel Syria TV reported.

    The identity of the detained ISIS commander has not yet been revealed. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Musicians and elite athletes to unite on stage to present imaginative performance “Sounds of Sports” (with photo)

    Source: Hong Kong Government special administrative region – 4

         The International Arts Carnival (IAC), organised by the Leisure and Cultural Services Department, will present an innovative performance, “Sounds of Sports”, in early August. Led by acclaimed pianist Phoebus Chan, this unique production lines up a stellar cast of Hong Kong musicians and elite athletes to deliver a highly creative and playful show that will transform the concert hall into a dynamic sports arena and blend music and sports in an exciting fusion.
     
         In this specially arranged music production, audiences will have an exciting face-to-face encounter with a Hong Kong table tennis star and experience the lightning-fast pace of rugby passes, feeling as if they are right on the field. Meanwhile, with the guidance of musicians, the audience will learn how to officiate fencing matches and gain insights into the techniques of Hong Kong’s fencing heroes. Chan will take on a high-level challenge by running at high speed while performing the theme song of “Mission: Impossible” on the piano. Together they will conjure a delightful show filled with laughter and excitement, which should not be missed.
     
         The production features an exceptional lineup of musicians, including pianist Chan, erhu musician Chan Pik-sum, jazz drummer Lawrence Tsui, cellist Pun Chak-yin and shakuhachi player Sunny Yeung. They will collaborate with elite athletes, namely karate experts Lee Chun-ho and Hinx Tang, rugby player Salom Yiu, fencer Lawrence Ng, table tennis player Venus Ng, and wushu athletes Kwan Ning-wai and Lau Po-yan. Together they will interpret the unique charm of various sports through vivid music.
     
         “Sounds of Sports” will be staged at 3pm on August 2 and 3 at the Tsuen Wan Town Hall Auditorium. Tickets priced at $160, $240 and $300 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288, or use the mobile ticketing app “URBTIX”.
     
         For programme enquiries and concessionary schemes, please call 2370 1044 or visit the IAC website (www.hkiac.gov.hk).
     
         This year’s IAC will run from July 11 to August 17, featuring a wide array of fun-filled educational programmes by overseas, Mainland and local art groups and artists. In addition to martial arts, acrobatics, dance, music, theatre and multimedia, the IAC will also offer film screenings, parent-child workshops, an online programme, an outreach performance and an exhibition.

    MIL OSI Asia Pacific News –

  • MIL-OSI: HTX Hot Listings Weekly Recap (July 15 – 21): Ethereum Leads the Rally as Market Trends Ignite Wealth Effect

    Source: GlobeNewswire (MIL-OSI)

    HTX Hot Listings Weekly Recap

    PANAMA CITY, July 25, 2025 (GLOBE NEWSWIRE) — HTX, a leading global crypto exchange, recorded robust performance from its newly listed and featured assets during the third week of July. The period was characterized by an intensified rotation of trending narratives across the crypto market, with capital increasingly shifting from established mainstream assets to promising emerging tokens and high-potential sectors.

    Ethereum ($ETH) once again stood out as the “hottest mainstream asset”, gaining an impressive 23% and reinforcing its appeal as a core market anchor. This consistent performance positions ETH as a primary allocation target for capital seeking both safety and stable growth. The escalating ETH 2.0 staking yields, the flourishing Layer 2 ecosystem, and sustained institutional accumulation continue to solidify ETH’s status as a core asset for substantial investments.

    Crucially, HTX’s strategic selection of key new listings proved highly effective, with several tokens across categories such as Meme, NFT, DeFi, Social, and Infrastructure more than doubling in value within a single week. Below is a highlight of the week’s top performers:

    Emerging Assets Fuel Gains, Boosting the Wealth Effect

    • Ani Grok Companion ($ANI): Crowned the week’s top gainer with a staggering 137% increase in just seven days. This AI+Meme project blends the “gooning” meme with xAI and Elon Musk’s Grok image, combining AI trends with community-driven content creation. Driven by organic community buzz, innovative gameplay, and short-term trading opportunities, ANI was one of the platform’s fastest-growing tokens by trading volume.
    • Elixir ($ELX): Signaled a strong resurgence of DeFi narratives, posting an impressive 115% weekly gain. Elixir is a blockchain project dedicated to advancing DeFi and liquidity solutions. With a TVL exceeding $300 million, Elixir has also introduced deUSD, a synthetic USD stablecoin that maintains stability via a “Delta Neutral Strategy” and generates returns through funding rates.
    • Decentralized Information Asset ($DIA): This on-chain infrastructure token also saw a 115% gain over the week. $DIA is a decentralized oracle platform that delivers reliable data feeds for DeFi and other blockchain applications. Its primary function is to provide on-chain and off-chain market data, price feeds, and oracle services. DIA’s positive price momentum was supported by increased Web3 development activity and rising expectations of application-layer adoption.
    • Pudgy Penguins ($PENGU): Following last week’s surge in NFT concept assets, PENGU maintained robust performance this week with a 111% gain. The Pudgy Penguins NFT collection features 8,888 unique penguin avatars known for their strong IP attributes and deeply engaged community. PENGU’s rise reflects renewed enthusiasm and potential in the NFT sector during the current cycle.

    Infrastructure and Public Chain Sectors Rotate Actively with Layer 1 Market Heating Up

    A notable structural rotation took place this week in the Layer 1 sector, with several key tokens experiencing sharp upward moves.

    • Conflux ($CFX): Rose 104% over the week. Conflux operates as a public Layer 1 blockchain, designed to power dApps, e-commerce, and Web 3.0 infrastructure by offering superior scalability, decentralization, and security compared to existing protocols. $CFX performed exceptionally well, driven by increased on-chain activity in Asia and the rollout of ecosystem support programs.
    • Tezos ($XTZ): Gained 62% this week. As a veteran Layer1 project, Tezos identified governance deficiencies in blockchain networks as early as 2014 and pioneered on-chain governance solutions. Tezos empowers token holders to determine the network’s upgrade roadmap and priorities, effectively resolving disputes and bypassing the need for disruptive network hard forks. Recent upgrades have further propelled its ecosystem expansion, and it has also garnered pilot adoption by several institutional entities.
    • Litecoin ($LTC): Increased 22% weekly. Litecoin’s adoption as a payment method has grown over the years, widely accepted by various merchants and organizations, including the American Red Cross, Newegg, and Twitch. Beyond its consistent price stability, its growing integration with traditional financial concepts has attracted considerable market attention. Recently, LTC was designated as one of the initial assets linked to a “crypto stock fund” launched by a major U.S. brokerage, endowing it with new “crypto ETF-like” attributes.

    HTX Hot Token Listing Winners

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.

    Disclaimer: This content is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bffad256-800a-488c-afb6-f8158fc13554

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5696437e-b9f3-4a34-907f-0e05c36de15e

    The MIL Network –

  • MIL-OSI: HTX Hot Listings Weekly Recap (July 15 – 21): Ethereum Leads the Rally as Market Trends Ignite Wealth Effect

    Source: GlobeNewswire (MIL-OSI)

    HTX Hot Listings Weekly Recap

    PANAMA CITY, July 25, 2025 (GLOBE NEWSWIRE) — HTX, a leading global crypto exchange, recorded robust performance from its newly listed and featured assets during the third week of July. The period was characterized by an intensified rotation of trending narratives across the crypto market, with capital increasingly shifting from established mainstream assets to promising emerging tokens and high-potential sectors.

    Ethereum ($ETH) once again stood out as the “hottest mainstream asset”, gaining an impressive 23% and reinforcing its appeal as a core market anchor. This consistent performance positions ETH as a primary allocation target for capital seeking both safety and stable growth. The escalating ETH 2.0 staking yields, the flourishing Layer 2 ecosystem, and sustained institutional accumulation continue to solidify ETH’s status as a core asset for substantial investments.

    Crucially, HTX’s strategic selection of key new listings proved highly effective, with several tokens across categories such as Meme, NFT, DeFi, Social, and Infrastructure more than doubling in value within a single week. Below is a highlight of the week’s top performers:

    Emerging Assets Fuel Gains, Boosting the Wealth Effect

    • Ani Grok Companion ($ANI): Crowned the week’s top gainer with a staggering 137% increase in just seven days. This AI+Meme project blends the “gooning” meme with xAI and Elon Musk’s Grok image, combining AI trends with community-driven content creation. Driven by organic community buzz, innovative gameplay, and short-term trading opportunities, ANI was one of the platform’s fastest-growing tokens by trading volume.
    • Elixir ($ELX): Signaled a strong resurgence of DeFi narratives, posting an impressive 115% weekly gain. Elixir is a blockchain project dedicated to advancing DeFi and liquidity solutions. With a TVL exceeding $300 million, Elixir has also introduced deUSD, a synthetic USD stablecoin that maintains stability via a “Delta Neutral Strategy” and generates returns through funding rates.
    • Decentralized Information Asset ($DIA): This on-chain infrastructure token also saw a 115% gain over the week. $DIA is a decentralized oracle platform that delivers reliable data feeds for DeFi and other blockchain applications. Its primary function is to provide on-chain and off-chain market data, price feeds, and oracle services. DIA’s positive price momentum was supported by increased Web3 development activity and rising expectations of application-layer adoption.
    • Pudgy Penguins ($PENGU): Following last week’s surge in NFT concept assets, PENGU maintained robust performance this week with a 111% gain. The Pudgy Penguins NFT collection features 8,888 unique penguin avatars known for their strong IP attributes and deeply engaged community. PENGU’s rise reflects renewed enthusiasm and potential in the NFT sector during the current cycle.

    Infrastructure and Public Chain Sectors Rotate Actively with Layer 1 Market Heating Up

    A notable structural rotation took place this week in the Layer 1 sector, with several key tokens experiencing sharp upward moves.

    • Conflux ($CFX): Rose 104% over the week. Conflux operates as a public Layer 1 blockchain, designed to power dApps, e-commerce, and Web 3.0 infrastructure by offering superior scalability, decentralization, and security compared to existing protocols. $CFX performed exceptionally well, driven by increased on-chain activity in Asia and the rollout of ecosystem support programs.
    • Tezos ($XTZ): Gained 62% this week. As a veteran Layer1 project, Tezos identified governance deficiencies in blockchain networks as early as 2014 and pioneered on-chain governance solutions. Tezos empowers token holders to determine the network’s upgrade roadmap and priorities, effectively resolving disputes and bypassing the need for disruptive network hard forks. Recent upgrades have further propelled its ecosystem expansion, and it has also garnered pilot adoption by several institutional entities.
    • Litecoin ($LTC): Increased 22% weekly. Litecoin’s adoption as a payment method has grown over the years, widely accepted by various merchants and organizations, including the American Red Cross, Newegg, and Twitch. Beyond its consistent price stability, its growing integration with traditional financial concepts has attracted considerable market attention. Recently, LTC was designated as one of the initial assets linked to a “crypto stock fund” launched by a major U.S. brokerage, endowing it with new “crypto ETF-like” attributes.

    HTX Hot Token Listing Winners

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.

    Disclaimer: This content is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bffad256-800a-488c-afb6-f8158fc13554

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5696437e-b9f3-4a34-907f-0e05c36de15e

    The MIL Network –

  • MIL-OSI: No Credit Check Loans “Guaranteed Approval” Searches Surge: RadCred Launches Bad‑Credit Loan Soft‑Pull for Borrowers with Poor Credit Scores

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, July 25, 2025 (GLOBE NEWSWIRE) — RadCred, an online loan marketplace (not a lender), today announced an expanded soft‑pull pre‑qualification flow for Americans aggressively searching “no credit check loans guaranteed approval.” The upgraded experience connects applicants only to state‑ or tribal‑licensed direct lenders, shows APR, fees, total repayment, and estimated funding speed up front, and can enable same‑day loans when verification and bank cut‑offs permit. Final approval, APRs, loan amounts, and timing vary by lender, income, and state law.

    Google Trends indicates sustained growth in intent phrases including no credit check loans, online loans no credit check, payday loan online no credit check, 1 hour payday loans no credit check, and online payday loans for bad credit all signals that borrowers with poor or sub‑580 credit scores are seeking faster, softer‑impact paths to funding. RadCred’s marketplace reframes those risky search terms into licensed, transparent, soft‑pull comparisons that reduce confusion and help consumers avoid unlicensed or predatory operators.

    Why No Credit Check Loans” Searches are Spiking

    Rising living costs, volatile gig‑economy income, and tighter bank underwriting have squeezed household budgets. The Federal Reserve’s most recent Survey of Household Economics and Decisionmaking (SHED) again shows many adults would struggle to cover a $400 emergency without borrowing, selling assets, or leaning on credit cards. In that gap, searches for payday loans online, online loans for bad credit, payday loans online same day, same‑day payday loans, $255 payday loans online same day, and small payday loans online no credit check continue to climb.

    Unfortunately, many of the pages ranking for those phrases over‑promise with “instant” or “guaranteed” language that licensed lenders simply cannot make.

    Why $500 Loans Dominate Financial Searches in 2025

    In 2025, $500 loans sit at the sweet spot between urgent need and realistic repayment. Inflation has pushed routine surprises car repairs, utility reconnections, insurance deductibles, last‑minute travel squarely into the $300–$700 band, and many households still report they’d struggle to cover even a $400 bill without borrowing. Add gig‑economy income volatility, tighter bank underwriting, and thin or sub‑580 credit files, and it’s clear why consumers are typing queries like “no credit check loans,” “payday loans online same day,” and “$255 payday loans online same day.”

    A $500 principal is small enough to be approved quickly (often via a soft‑pull pre‑qualification) yet large enough to bridge the month without stacking multiple advances. Marketplaces like RadCred translate those high‑intent searches into licensed, transparent offers whether a short‑term payday advance or a multi‑payment installment plan so borrowers can compare APR, total repay, and funding speed before committing, rather than accepting opaque, rollover‑heavy terms at a storefront.

    What is No Credit Check Loans and What  does it really Means 

    In everyday advertising, “no credit check loans” (often phrased as “online loans no credit check” or “payday loans online no credit check guaranteed approval”) suggests you can borrow money without anyone looking at your credit  and that approval is automatic. In regulated lending, that’s not accurate.

    Here’s what it actually means when you see the term used responsibly:

    • Soft credit inquiry first. Legitimate marketplaces like RadCred let you pre‑qualify with a soft pull, so you can view potential rates and terms without an immediate impact on your FICO score.
    • Verification still happens. Before funding, licensed direct lenders typically run a hard inquiry, verify your identity, review income/bank deposits, and assess ability to repay.
    • No true “guaranteed approval.” At best, it indicates a high preliminary match rate for eligible applicants, not a universal yes.
    • State law controls what’s offered. Some states cap APRs or restrict payday‑style products; compliant platforms filter out unlicensed or prohibited offers automatically.

    How RadCred’s No Credit Check Loans Marketplace Works

    RadCred is an online loan marketplace not a lender. It turns that no credit check loans into a compliant, transparent process that starts with a soft credit inquiry (so viewing offers won’t immediately affect your score) and ends with licensed, clearly priced options from direct lenders only. Here’s the flow:

    1. Soft‑pull pre‑qualification
      You complete a short, mobile‑friendly form. RadCred runs a soft inquiry to let you preview rates, terms, and amounts (e.g., small emergency loans such as $255) without an immediate FICO impact.
    2. ZIP‑code licensing filter
      The platform automatically filters out unlicensed or prohibited products, showing only state‑ or tribal‑licensed lenders that can legally serve your location.
    3. Income‑first matching
      Lenders assess real cash flow (pay stubs, benefits, bank deposits) and alternative datahelpful for online loans for bad credit or thin credit files.
    4. Transparent offer cards
      Each matched offer discloses APR, fees, total repayment, term length, and estimated funding speed including same day funding when verification and bank cut‑offs allow.
    5. E‑sign, verify, and fund
      If you accept an offer, the lender may conduct a hard credit pull and request documents before issuing funds via ACH.
    6. Secure handling & compliance
      RadCred employs encryption and vetting standards, while lenders set all final approval, APR, amount, and timing in line with federal, state, or tribal law.

    Step‑by‑step Guide to Apply for Bad credit loans Instant Approval without Hurting Credit Score

    1. Check your credit reports for errors before applying—especially if you’re considering payday loans online, online loans for bad credit, or small payday loans online no credit check.
    2. Pre‑qualify on RadCred with a soft credit check (often marketed as online loans no credit check) to preview direct lenders only offers for same day loans, online payday loans for bad credit, or installment options without an immediate FICO impact.
    3. Compare APRs, fees, and total repay—not just the monthly payment across payday loans online same day, bad credit payday loan options, and multi‑payment installment plans.
    4. Upload verification documents (pay stubs, bank‑deposit screenshots) if you accept an offer most licensed lenders require this before funding, even when ads say “1 hour payday loans no credit check.”
    5. E‑sign all disclosures (Truth‑in‑Lending, state notices) so you fully understand costs, terms, and any state limits tied to no credit check loans search results.
    6. Receive funds—often the same day when verification clears early and bank cut‑offs permit; popular amounts include $255 payday loans online same day and other small online loans.
    7. Repay on schedule (many lenders allow early payoff with no penalty), which can help you avoid rollovers and, when reported, may support rebuilding credit after using payday loans or other emergency products.

    What U.S. Borrowers Are Really Using Quick Loans For in 2025 — RadCred Research

    RadCred’s 2025 research shows most quick‑loan requests are small, urgent stopgaps not long‑term financing.

    • Rent or mortgage gaps
    • Utility shut‑off notices
    • Car repairs to stay working
    • Medical/dental bills & prescriptions
    • Covering bank overdrafts/fees
    • Emergency travel for family needs
    • Childcare or school expenses
    • Insurance deductibles after accidents

    What U.S. Borrowers Want Before Applying for “No Credit Check” Loans—and How RadCred Solves It

    What people want

    • No hit to their credit score just to see offers (soft check first, not a hard pull)
    • Clear costs up front — APR, fees, total they’ll pay back, and due dates
    • Real speed — honest timelines for same‑day funding (no empty “instant” promises)
    • Licensed, legit lenders only (legal in their state)
    • Small, emergency amounts (often $255–$500) and longer installment options when needed
    • Easy, secure online process with strong data protection
    •  Straight talk on what “no credit check” and “guaranteed approval” really mean

    How RadCred solves it

    • Uses a soft credit check so you can compare offers without hurting your score
    • Shows only state‑ or tribal‑licensed direct lenders that can legally lend to you
    • Puts APR, fees, total repayment, term, and funding speed on every offer car
    • Matches based on income and bank deposits, helping people with bad credit or thin files
    • Can fund the same day when verification clears and bank cut‑offs allow
    • Protects your info with bank‑grade encryption and vetted partners
    • Explains that a hard pull may happen only if you accept an offer—no “guaranteed approval” hype
    •  Points to safer alternatives (credit‑union PALs, credit‑builder loans) when they make more sense

    How Does Instant No Credit Check Loans Process Works

    It starts with a quick, mobile‑first application. You enter basic details income source, active checking account, employment or benefits status, and contact info on the RadCred marketplace. Instead of triggering a hard inquiry, RadCred begins with a no credit check loan, which is what most people mean when they search “no credit check loans” or “payday loans online same day.”

    After you submit, RadCred’s engine instantly routes your request only to state‑ or tribal‑licensed direct lenders that operate legally in your ZIP code. Within minutes, you may see multiple online loans for bad credit offers including small payday loans online no credit check amounts such as $255 payday loans online same day presented side by side with APR, fees, total repay, term length, and estimated funding speed.

    If you choose an offer, you finish directly with the lender. At that point, the lender may run a hard inquiry and request verification documents (pay stubs, bank‑deposit screenshots, ID). Approved loans can fund the same day (or next business day) via ACH, depending on verification speed and bank cut‑offs often as fast as ads promising “1 hour payday loans no credit check.”

    Crucially, RadCred is not a lender; it’s a compliant connector that converts risky search terms into transparent, licensed choices. Approval, APR, loan amount, and timing always vary by lender, income, and state law so you can compare first, then decide what’s affordable.

    FAQ

    Will applying through RadCred hurt my credit?
    Pre‑qualification uses a soft credit inquiry, which does not affect your score. A hard pull may follow if you accept and finalize an offer.

    How fast can I receive funds?
    Some lenders can fund the same day once verification clears and bank cut‑offs allow; later submissions often fund next business day.

    Are “no credit check loans” legal in every state?
     No. Some states cap APRs, restrict payday‑style products, or prohibit them. RadCred’s licensing filter hides offers not permitted in your ZIP code.

    What APRs should I expect with a sub‑580 score?
    APRs vary widely by state, lender, and risk. Sub‑prime loans typically carry higher rates compare total repay before committing.

    Can on‑time payments help my credit?
     Potentially. Some lenders report repayment to credit bureaus, which can help improve a thin or damaged file when payments are made on time.

    Conclusion

    As searches for “no credit check loans guaranteed approval” surge, RadCred offers a compliant alternative: soft‑pull pre‑qualification, licensed direct lenders only, transparent APR and fee disclosures, and same day payday loan funding potential all designed to give borrowers with poor credit scores (580 or below) a clearer, safer way to access emergency cash.

    About RadCred

    RadCred is an online loan marketplace for no credit check guaranteed approval , not a lender. The platform connects U.S. consumers to a vetted network of state‑licensed and tribal direct lenders offering payday, installment, and emergency personal loans typically from $255 to $5,000. RadCred emphasizes income‑first underwriting, soft‑pull access, encrypted processing, and clear cost disclosures to expand responsible access to small‑dollar credit for underserved borrowers.

    Disclaimer

    RadCred is not a lender and does not make credit decisions. Loan approval, APR, fees, loan amounts, and funding speed are determined solely by participating lenders and governed by applicable federal, state, or tribal law. Offers begin with a soft inquiry; a hard credit pull may occur before funding. Not all applicants will qualify. Borrow responsibly—only what you can comfortably repay.

    The MIL Network –

  • MIL-OSI: No Credit Check Loans “Guaranteed Approval” Searches Surge: RadCred Launches Bad‑Credit Loan Soft‑Pull for Borrowers with Poor Credit Scores

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, July 25, 2025 (GLOBE NEWSWIRE) — RadCred, an online loan marketplace (not a lender), today announced an expanded soft‑pull pre‑qualification flow for Americans aggressively searching “no credit check loans guaranteed approval.” The upgraded experience connects applicants only to state‑ or tribal‑licensed direct lenders, shows APR, fees, total repayment, and estimated funding speed up front, and can enable same‑day loans when verification and bank cut‑offs permit. Final approval, APRs, loan amounts, and timing vary by lender, income, and state law.

    Google Trends indicates sustained growth in intent phrases including no credit check loans, online loans no credit check, payday loan online no credit check, 1 hour payday loans no credit check, and online payday loans for bad credit all signals that borrowers with poor or sub‑580 credit scores are seeking faster, softer‑impact paths to funding. RadCred’s marketplace reframes those risky search terms into licensed, transparent, soft‑pull comparisons that reduce confusion and help consumers avoid unlicensed or predatory operators.

    Why No Credit Check Loans” Searches are Spiking

    Rising living costs, volatile gig‑economy income, and tighter bank underwriting have squeezed household budgets. The Federal Reserve’s most recent Survey of Household Economics and Decisionmaking (SHED) again shows many adults would struggle to cover a $400 emergency without borrowing, selling assets, or leaning on credit cards. In that gap, searches for payday loans online, online loans for bad credit, payday loans online same day, same‑day payday loans, $255 payday loans online same day, and small payday loans online no credit check continue to climb.

    Unfortunately, many of the pages ranking for those phrases over‑promise with “instant” or “guaranteed” language that licensed lenders simply cannot make.

    Why $500 Loans Dominate Financial Searches in 2025

    In 2025, $500 loans sit at the sweet spot between urgent need and realistic repayment. Inflation has pushed routine surprises car repairs, utility reconnections, insurance deductibles, last‑minute travel squarely into the $300–$700 band, and many households still report they’d struggle to cover even a $400 bill without borrowing. Add gig‑economy income volatility, tighter bank underwriting, and thin or sub‑580 credit files, and it’s clear why consumers are typing queries like “no credit check loans,” “payday loans online same day,” and “$255 payday loans online same day.”

    A $500 principal is small enough to be approved quickly (often via a soft‑pull pre‑qualification) yet large enough to bridge the month without stacking multiple advances. Marketplaces like RadCred translate those high‑intent searches into licensed, transparent offers whether a short‑term payday advance or a multi‑payment installment plan so borrowers can compare APR, total repay, and funding speed before committing, rather than accepting opaque, rollover‑heavy terms at a storefront.

    What is No Credit Check Loans and What  does it really Means 

    In everyday advertising, “no credit check loans” (often phrased as “online loans no credit check” or “payday loans online no credit check guaranteed approval”) suggests you can borrow money without anyone looking at your credit  and that approval is automatic. In regulated lending, that’s not accurate.

    Here’s what it actually means when you see the term used responsibly:

    • Soft credit inquiry first. Legitimate marketplaces like RadCred let you pre‑qualify with a soft pull, so you can view potential rates and terms without an immediate impact on your FICO score.
    • Verification still happens. Before funding, licensed direct lenders typically run a hard inquiry, verify your identity, review income/bank deposits, and assess ability to repay.
    • No true “guaranteed approval.” At best, it indicates a high preliminary match rate for eligible applicants, not a universal yes.
    • State law controls what’s offered. Some states cap APRs or restrict payday‑style products; compliant platforms filter out unlicensed or prohibited offers automatically.

    How RadCred’s No Credit Check Loans Marketplace Works

    RadCred is an online loan marketplace not a lender. It turns that no credit check loans into a compliant, transparent process that starts with a soft credit inquiry (so viewing offers won’t immediately affect your score) and ends with licensed, clearly priced options from direct lenders only. Here’s the flow:

    1. Soft‑pull pre‑qualification
      You complete a short, mobile‑friendly form. RadCred runs a soft inquiry to let you preview rates, terms, and amounts (e.g., small emergency loans such as $255) without an immediate FICO impact.
    2. ZIP‑code licensing filter
      The platform automatically filters out unlicensed or prohibited products, showing only state‑ or tribal‑licensed lenders that can legally serve your location.
    3. Income‑first matching
      Lenders assess real cash flow (pay stubs, benefits, bank deposits) and alternative datahelpful for online loans for bad credit or thin credit files.
    4. Transparent offer cards
      Each matched offer discloses APR, fees, total repayment, term length, and estimated funding speed including same day funding when verification and bank cut‑offs allow.
    5. E‑sign, verify, and fund
      If you accept an offer, the lender may conduct a hard credit pull and request documents before issuing funds via ACH.
    6. Secure handling & compliance
      RadCred employs encryption and vetting standards, while lenders set all final approval, APR, amount, and timing in line with federal, state, or tribal law.

    Step‑by‑step Guide to Apply for Bad credit loans Instant Approval without Hurting Credit Score

    1. Check your credit reports for errors before applying—especially if you’re considering payday loans online, online loans for bad credit, or small payday loans online no credit check.
    2. Pre‑qualify on RadCred with a soft credit check (often marketed as online loans no credit check) to preview direct lenders only offers for same day loans, online payday loans for bad credit, or installment options without an immediate FICO impact.
    3. Compare APRs, fees, and total repay—not just the monthly payment across payday loans online same day, bad credit payday loan options, and multi‑payment installment plans.
    4. Upload verification documents (pay stubs, bank‑deposit screenshots) if you accept an offer most licensed lenders require this before funding, even when ads say “1 hour payday loans no credit check.”
    5. E‑sign all disclosures (Truth‑in‑Lending, state notices) so you fully understand costs, terms, and any state limits tied to no credit check loans search results.
    6. Receive funds—often the same day when verification clears early and bank cut‑offs permit; popular amounts include $255 payday loans online same day and other small online loans.
    7. Repay on schedule (many lenders allow early payoff with no penalty), which can help you avoid rollovers and, when reported, may support rebuilding credit after using payday loans or other emergency products.

    What U.S. Borrowers Are Really Using Quick Loans For in 2025 — RadCred Research

    RadCred’s 2025 research shows most quick‑loan requests are small, urgent stopgaps not long‑term financing.

    • Rent or mortgage gaps
    • Utility shut‑off notices
    • Car repairs to stay working
    • Medical/dental bills & prescriptions
    • Covering bank overdrafts/fees
    • Emergency travel for family needs
    • Childcare or school expenses
    • Insurance deductibles after accidents

    What U.S. Borrowers Want Before Applying for “No Credit Check” Loans—and How RadCred Solves It

    What people want

    • No hit to their credit score just to see offers (soft check first, not a hard pull)
    • Clear costs up front — APR, fees, total they’ll pay back, and due dates
    • Real speed — honest timelines for same‑day funding (no empty “instant” promises)
    • Licensed, legit lenders only (legal in their state)
    • Small, emergency amounts (often $255–$500) and longer installment options when needed
    • Easy, secure online process with strong data protection
    •  Straight talk on what “no credit check” and “guaranteed approval” really mean

    How RadCred solves it

    • Uses a soft credit check so you can compare offers without hurting your score
    • Shows only state‑ or tribal‑licensed direct lenders that can legally lend to you
    • Puts APR, fees, total repayment, term, and funding speed on every offer car
    • Matches based on income and bank deposits, helping people with bad credit or thin files
    • Can fund the same day when verification clears and bank cut‑offs allow
    • Protects your info with bank‑grade encryption and vetted partners
    • Explains that a hard pull may happen only if you accept an offer—no “guaranteed approval” hype
    •  Points to safer alternatives (credit‑union PALs, credit‑builder loans) when they make more sense

    How Does Instant No Credit Check Loans Process Works

    It starts with a quick, mobile‑first application. You enter basic details income source, active checking account, employment or benefits status, and contact info on the RadCred marketplace. Instead of triggering a hard inquiry, RadCred begins with a no credit check loan, which is what most people mean when they search “no credit check loans” or “payday loans online same day.”

    After you submit, RadCred’s engine instantly routes your request only to state‑ or tribal‑licensed direct lenders that operate legally in your ZIP code. Within minutes, you may see multiple online loans for bad credit offers including small payday loans online no credit check amounts such as $255 payday loans online same day presented side by side with APR, fees, total repay, term length, and estimated funding speed.

    If you choose an offer, you finish directly with the lender. At that point, the lender may run a hard inquiry and request verification documents (pay stubs, bank‑deposit screenshots, ID). Approved loans can fund the same day (or next business day) via ACH, depending on verification speed and bank cut‑offs often as fast as ads promising “1 hour payday loans no credit check.”

    Crucially, RadCred is not a lender; it’s a compliant connector that converts risky search terms into transparent, licensed choices. Approval, APR, loan amount, and timing always vary by lender, income, and state law so you can compare first, then decide what’s affordable.

    FAQ

    Will applying through RadCred hurt my credit?
    Pre‑qualification uses a soft credit inquiry, which does not affect your score. A hard pull may follow if you accept and finalize an offer.

    How fast can I receive funds?
    Some lenders can fund the same day once verification clears and bank cut‑offs allow; later submissions often fund next business day.

    Are “no credit check loans” legal in every state?
     No. Some states cap APRs, restrict payday‑style products, or prohibit them. RadCred’s licensing filter hides offers not permitted in your ZIP code.

    What APRs should I expect with a sub‑580 score?
    APRs vary widely by state, lender, and risk. Sub‑prime loans typically carry higher rates compare total repay before committing.

    Can on‑time payments help my credit?
     Potentially. Some lenders report repayment to credit bureaus, which can help improve a thin or damaged file when payments are made on time.

    Conclusion

    As searches for “no credit check loans guaranteed approval” surge, RadCred offers a compliant alternative: soft‑pull pre‑qualification, licensed direct lenders only, transparent APR and fee disclosures, and same day payday loan funding potential all designed to give borrowers with poor credit scores (580 or below) a clearer, safer way to access emergency cash.

    About RadCred

    RadCred is an online loan marketplace for no credit check guaranteed approval , not a lender. The platform connects U.S. consumers to a vetted network of state‑licensed and tribal direct lenders offering payday, installment, and emergency personal loans typically from $255 to $5,000. RadCred emphasizes income‑first underwriting, soft‑pull access, encrypted processing, and clear cost disclosures to expand responsible access to small‑dollar credit for underserved borrowers.

    Disclaimer

    RadCred is not a lender and does not make credit decisions. Loan approval, APR, fees, loan amounts, and funding speed are determined solely by participating lenders and governed by applicable federal, state, or tribal law. Offers begin with a soft inquiry; a hard credit pull may occur before funding. Not all applicants will qualify. Borrow responsibly—only what you can comfortably repay.

    The MIL Network –

  • MIL-OSI: Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    • Second quarter net income of $21.8 million;
    • Second quarter earnings per diluted common share of $0.72;
    • Tax-equivalent net interest margin(1)linked quarter increased nine basis points to 2.95%;
    • Annualized return on second quarter average assets of 1.07%;
    • Annualized return on second quarter average tangible common equity of 14.38%(1); and
    • Nonperforming assets remain low at 0.39% of total assets.

    TYLER, Texas, July 25, 2025 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter ended June 30, 2025. Southside reported net income of $21.8 million for the three months ended June 30, 2025, a decrease of $2.9 million, or 11.6%, compared to $24.7 million for the same period in 2024. Earnings per diluted common share decreased $0.09, or 11.1%, to $0.72 for the three months ended June 30, 2025, from $0.81 for the same period in 2024. The annualized return on average shareholders’ equity for the three months ended June 30, 2025 was 10.73%, compared to 12.46% for the same period in 2024. The annualized return on average assets was 1.07% for the three months ended June 30, 2025, compared to 1.19% for the same period in 2024.

    “We reported excellent financial results for the second quarter ended June 30, 2025, which included earnings per share of $0.72, a return on average assets of 1.07%, and a return on average tangible common equity of 14.38%,” stated Lee R. Gibson, Chief Executive Officer of Southside. “Linked quarter, the net interest margin(1) increased nine basis points to 2.95%, net interest income increased $414,000 to $54.3 million, and deposits net of public fund and brokered deposits increased $90.1 million. The linked quarter total loans increased $35 million, while average loans decreased $106 million due primarily to heavy payoffs during the first two months of the quarter. Total loan growth during the month of June was $104 million. Our loan pipeline is solid and we currently anticipate three to four percent loan growth for all of 2025. During the quarter we expensed $1.2 million related to the write-off and demolition of an existing branch that was replaced with a new building.”

    Operating Results for the Three Months Ended June 30, 2025

    Net income was $21.8 million for the three months ended June 30, 2025, compared to $24.7 million for the same period in 2024, a decrease of $2.9 million, or 11.6%. Earnings per diluted common share were $0.72 for the three months ended June 30, 2025, compared to $0.81 for the same period in 2024, a decrease of 11.1%. The decrease in net income was a result of increases in noninterest expense and provision for credit losses, partially offset by increases in net interest income and noninterest income and a decrease in income tax expense. Annualized returns on average assets and average shareholders’ equity for the three months ended June 30, 2025 were 1.07% and 10.73%, respectively, compared to 1.19% and 12.46%, respectively, for the three months ended June 30, 2024. Our efficiency ratio and tax-equivalent efficiency ratio(1) were 55.67% and 53.70%, respectively, for the three months ended June 30, 2025, compared to 54.90% and 52.71%, respectively, for the three months ended June 30, 2024, and 57.04% and 55.04%, respectively, for the three months ended March 31, 2025.

    Net interest income for the three months ended June 30, 2025 was $54.3 million, an increase of $0.7 million, or 1.2%, compared to the same period in 2024. The increase in net interest income was due to decreases in the average rate paid on and average balance of our interest bearing liabilities, partially offset by decreases in the average yield of and average balance of our interest earning assets. Linked quarter, net interest income increased $0.4 million, or 0.8%, compared to $53.9 million for the three months ended March 31, 2025, due to the decrease in the average balance of interest bearing liabilities, the increase in the average yield on our interest earning assets and the decrease in the rate paid on interest bearing liabilities, partially offset by the decrease in the average balance of our interest earning assets.

    Our net interest margin and tax-equivalent net interest margin(1) increased to 2.82% and 2.95%, respectively, for the three months ended June 30, 2025, compared to 2.74% and 2.87%, respectively, for the same period in 2024. Linked quarter, net interest margin and tax-equivalent net interest margin(1) increased from 2.74% and 2.86%, respectively, for the three months ended March 31, 2025.

    Noninterest income was $12.1 million for the three months ended June 30, 2025, an increase of $0.6 million, or 5.1%, compared to $11.6 million for the same period in 2024. The increase was primarily due to a decrease in net loss on sale of securities available for sale (“AFS”) and increases in other noninterest income and trust fees, partially offset by a decrease in bank owned life insurance income (“BOLI”). On a linked quarter basis, noninterest income increased $1.9 million, or 18.8%, compared to the three months ended March 31, 2025. The increase was primarily due to an increase in other noninterest income, a decrease in net loss on sale of securities AFS, and increases in deposit services income, trust income and brokerage services income. The increase in other noninterest income was primarily due to an increase in swap fee income for the three months ended June 30, 2025.

    Noninterest expense increased $3.5 million, or 9.8%, to $39.3 million for the three months ended June 30, 2025, compared to $35.8 million for the same period in 2024, primarily due to increases in other noninterest expense, professional fees and salaries and employee benefits expense. On a linked quarter basis, noninterest expense increased by $2.2 million, or 5.8%, compared to the three months ended March 31, 2025, due to increases in other noninterest expense and net occupancy expense. The increase in other noninterest expense was primarily due to a one-time charge of $1.2 million on the demolition of an old branch facility following completion of the new branch during the three months ended June 30, 2025.

    Income tax expense decreased $0.5 million, or 9.5%, for the three months ended June 30, 2025, compared to the same period in 2024. On a linked quarter basis, income tax expense remained the same at $4.7 million. Our effective tax rate (“ETR”) increased slightly to 17.8% for the three months ended June 30, 2025, compared to 17.4% for the three months ended June 30, 2024, and decreased slightly from 18.0% for the three months ended March 31, 2025. The higher ETR for the three months ended June 30, 2025 compared to the same period in 2024, was primarily due to an increase in state income tax expense.

    Operating Results for the Six Months Ended June 30, 2025

    Net income was $43.3 million for the six months ended June 30, 2025, compared to $46.2 million for the same period in 2024, a decrease of $2.9 million, or 6.2%. Earnings per diluted common share were $1.42 for the six months ended June 30, 2025, compared to $1.52 for the same period in 2024, a decrease of 6.6%. The decrease in net income was a result of increases in noninterest expense and provision for credit losses, partially offset by increases in net interest income and noninterest income and a decrease in income tax expense. Returns on average assets and average shareholders’ equity for the six months ended June 30, 2025 were 1.05% and 10.65%, respectively, compared to 1.11% and 11.74%, respectively, for the six months ended June 30, 2024. Our efficiency ratio and tax-equivalent efficiency ratio(1) were 56.34% and 54.36%, respectively, for the six months ended June 30, 2025, compared to 56.41% and 54.11%, respectively, for the six months ended June 30, 2024.

    Net interest income was $108.1 million for the six months ended June 30, 2025, compared to $107.0 million for the same period in 2024, an increase of $1.2 million, or 1.1%, due to decreases in the average rate paid on and average balance of our interest bearing liabilities, partially offset by the decrease in the average yield of interest earning assets.

    Our net interest margin and tax-equivalent net interest margin(1) were 2.78% and 2.91%, respectively, for the six months ended June 30, 2025, compared to 2.73% and 2.87%, respectively, for the same period in 2024.

    Noninterest income was $22.4 million for the six months ended June 30, 2025, an increase of $1.1 million, or 5.1%, compared to $21.3 million for the same period in 2024. The increase was primarily due to increases in trust fees, other noninterest income and gain on sale of loans, partially offset by a decrease in BOLI income.

    Noninterest expense was $76.3 million for the six months ended June 30, 2025, compared to $72.6 million for the same period in 2024, an increase of $3.7 million, or 5.1%. The increase was primarily due to increases in other noninterest expense and professional fees, partially offset by a decrease in salaries and employee benefits expense.

    Income tax expense decreased $0.4 million, or 4.0%, for the six months ended June 30, 2025, compared to the same period in 2024. Our ETR was approximately 17.9% and 17.6% for the six months ended June 30, 2025 and 2024, respectively. The higher ETR for the six months ended June 30, 2025, as compared to the same period in 2024, was primarily due to an increase in state income tax expense.

    Balance Sheet Data

    At June 30, 2025, Southside had $8.34 billion in total assets, compared to $8.52 billion at December 31, 2024 and $8.36 billion at June 30, 2024.

    Loans at June 30, 2025 were $4.60 billion, an increase of $12.6 million, or 0.3%, compared to $4.59 billion at June 30, 2024. Linked quarter, loans increased $34.7 million, or 0.8%, due to increases of $28.8 million in commercial real estate loans, $12.3 million in construction loans and $9.0 million in commercial loans. These increases were partially offset by decreases of $7.5 million in municipal loans, $5.3 million in 1-4 family residential loans and $2.5 million in loans to individuals.

    Securities at June 30, 2025 were $2.73 billion, an increase of $18.1 million, or 0.7%, compared to $2.71 billion at June 30, 2024. Linked quarter, securities decreased $6.2 million, or 0.2%, from $2.74 billion at March 31, 2025.

    Deposits at June 30, 2025 were $6.63 billion, an increase of $136.0 million, or 2.1%, compared to $6.50 billion at June 30, 2024. Linked quarter, deposits increased $41.1 million, or 0.6%, from $6.59 billion at March 31, 2025.

    At June 30, 2025, we had 178,970 total deposit accounts with an average balance of $34,000. Our estimated uninsured deposits were 38.5% of total deposits as of June 30, 2025. When excluding affiliate deposits (Southside-owned deposits) and public fund deposits (all collateralized), our total estimated deposits without insurance or collateral was 21.1% as of June 30, 2025. Our noninterest bearing deposits represent approximately 20.6% of total deposits. Linked quarter, our cost of interest bearing deposits decreased one basis point from 2.83% in the prior quarter to 2.82%. Linked quarter, our cost of total deposits remained at 2.26%.

    Our cost of interest bearing deposits decreased 16 basis points, from 2.99% for the six months ended June 30, 2024, to 2.83% for the six months ended June 30, 2025. Our cost of total deposits decreased 11 basis points, from 2.37% for the six months ended June 30, 2024, to 2.26% for the six months ended June 30, 2025.

    Capital Resources and Liquidity

    Our capital ratios and contingent liquidity sources remain solid. During the second quarter ended June 30, 2025, we purchased 424,435 shares of the Company’s common stock at an average price of $28.13 per share, pursuant to our Stock Repurchase Plan. Under this plan, repurchases of our outstanding common stock may be carried out in open market purchases, privately negotiated transactions or pursuant to any trading plan that might be adopted in accordance with Rule 10b5-1 of The Securities Exchange Act of 1934, as amended. The Company has no obligation to repurchase any shares under the Stock Repurchase Plan and may modify, suspend or discontinue the plan at any time. Subsequent to June 30, 2025, and through July 23, 2025, we purchased 2,443 shares of common stock at an average price of $30.29 pursuant to the Stock Repurchase Plan.

    As of June 30, 2025, our total available contingent liquidity, net of current outstanding borrowings, was $2.33 billion, consisting of FHLB advances, Federal Reserve Discount Window and correspondent bank lines of credit.

    Asset Quality

    Nonperforming assets at June 30, 2025 were $32.9 million, or 0.39% of total assets, an increase of $26.0 million, or 375.7%, compared to $6.9 million, or 0.08% of total assets, at June 30, 2024, due primarily to an increase of $27.4 million in restructured loans. The increase in restructured loans was due to the extension of maturity in the first quarter of 2025 on a $27.5 million commercial real estate loan to allow for an extended lease up period. Linked quarter, nonperforming assets increased $0.7 million, or 2.2%, from $32.2 million at March 31, 2025.

    The allowance for loan losses totaled $44.4 million, or 0.97% of total loans, at June 30, 2025, compared to $44.6 million, or 0.98% of total loans, at March 31, 2025. The allowance for loan losses was $42.4 million, or 0.92% of total loans, at June 30, 2024. The increase in allowance as a percentage of total loans compared to June 30, 2024 was primarily due to an increase in economic uncertainty forecasted in the CECL model.

    For the three months ended June 30, 2025, we recorded a provision for credit losses for loans of $0.7 million, compared to a reversal of provision of $0.9 million and a provision of $42,000 for the three months ended June 30, 2024 and March 31, 2025, respectively. Net charge-offs were $0.9 million for the three months ended June 30, 2025, compared to net charge-offs of $0.3 million for the three months ended June 30, 2024 and March 31, 2025. Net charge-offs were $1.2 million for the six months ended June 30, 2025, compared to net charge-offs of $0.6 million for the six months ended June 30, 2024.

    We recorded a reversal of provision for credit losses on off-balance-sheet credit exposures of $19,000 for the three months ended June 30, 2025, compared to provision for losses on off-balance-sheet credit exposures of $0.4 million and $0.7 million for the three months ended June 30, 2024 and March 31, 2025, respectively. We recorded a provision for losses on off-balance-sheet credit exposures of $0.6 million for the six months ended June 30, 2025, compared to a reversal of provision for credit losses on off-balance-sheet credit exposures of $0.7 million for the six months ended June 30, 2024. The balance of the allowance for off-balance-sheet credit exposures was $3.8 million and $3.2 million at June 30, 2025 and 2024, respectively, and is included in other liabilities.

    Dividend

    Southside Bancshares, Inc. declared a second quarter cash dividend of $0.36 per share on May 8, 2025, which was paid on June 5, 2025, to all shareholders of record as of May 22, 2025.

    _______________

    (1) Refer to “Non-GAAP Financial Measures” below and to “Non-GAAP Reconciliation” at the end of the financial statement tables in this Earnings Release for more information and for a reconciliation of this non-GAAP financial measure to the nearest GAAP financial measure.
       

    Conference Call

    Southside’s management team will host a conference call to discuss its second quarter ended June 30, 2025 financial results on Friday, July 25, 2025 at 11:00 a.m. CDT. The conference call can be accessed by webcast, for listen-only mode, on the company website, https://investors.southside.com, under Events.

    Those interested in participating in the question and answer session, or others who prefer to call-in, can register at https://register-conf.media-server.com/register/BIad8374913fda48e3a6a27e230e7c4225 to receive the dial-in number and unique code to access the conference call seamlessly. While not required, it is recommended that those wishing to participate, register 10 minutes prior to the conference call to ensure a more efficient registration process.

    For those unable to attend the live event, a webcast recording will be available on the company website, https://investors.southside.com, for at least 30 days, beginning approximately two hours following the conference call.

    Non-GAAP Financial Measures

    Our accounting and reporting policies conform to generally accepted accounting principles (“GAAP”) in the United States and prevailing practices in the banking industry. However, certain non-GAAP measures are used by management to supplement the evaluation of our performance. These include the following fully taxable-equivalent measures (“FTE”): (i) Net interest income (FTE), (ii) net interest margin (FTE), (iii) net interest spread (FTE), and (iv) efficiency ratio (FTE), which include the effects of taxable-equivalent adjustments using a federal income tax rate of 21% to increase tax-exempt interest income to a tax-equivalent basis. Interest income earned on certain assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable investments.

    Net interest income (FTE), net interest margin (FTE) and net interest spread (FTE). Net interest income (FTE) is a non-GAAP measure that adjusts for the tax-favored status of net interest income from certain loans and investments and is not permitted under GAAP in the consolidated statements of income. We believe that this measure is the preferred industry measurement of net interest income and that it enhances comparability of net interest income arising from taxable and tax-exempt sources. The most directly comparable financial measure calculated in accordance with GAAP is our net interest income. Net interest margin (FTE) is the ratio of net interest income (FTE) to average earning assets. The most directly comparable financial measure calculated in accordance with GAAP is our net interest margin. Net interest spread (FTE) is the difference in the average yield on average earning assets on a tax-equivalent basis and the average rate paid on average interest bearing liabilities. The most directly comparable financial measure calculated in accordance with GAAP is our net interest spread.

    Efficiency ratio (FTE). The efficiency ratio (FTE) is a non-GAAP measure that provides a measure of productivity in the banking industry. This ratio is calculated to measure the cost of generating one dollar of revenue. The ratio is designed to reflect the percentage of one dollar which must be expended to generate that dollar of revenue. We calculate this ratio by dividing noninterest expense, excluding amortization expense on intangibles and certain nonrecurring expense by the sum of net interest income (FTE) and noninterest income, excluding net gain (loss) on sale of securities available for sale and certain nonrecurring impairments. The most directly comparable financial measure calculated in accordance with GAAP is our efficiency ratio.

    These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. Whenever we present a non-GAAP financial measure in an SEC filing, we are also required to present the most directly comparable financial measure calculated and presented in accordance with GAAP and reconcile the differences between the non-GAAP financial measure and such comparable GAAP measure.

    Management believes adjusting net interest income, net interest margin and net interest spread to a fully taxable-equivalent basis is a standard practice in the banking industry as these measures provide useful information to make peer comparisons. Tax-equivalent adjustments are reflected in the respective earning asset categories as listed in the “Average Balances with Average Yields and Rates” tables.

    A reconciliation of our non-GAAP financial measures to the comparable GAAP financial measures is included at the end of the financial statement tables.

    About Southside Bancshares, Inc.

    Southside Bancshares, Inc. is a bank holding company with approximately $8.34 billion in assets as of June 30, 2025, that owns 100% of Southside Bank. Southside Bank currently has 53 branches in Texas and operates a network of 71 ATMs/ITMs.

    To learn more about Southside Bancshares, Inc., please visit our investor relations website at https://investors.southside.com. Our investor relations site provides a detailed overview of our activities, financial information and historical stock price data. To receive email notification of company news, events and stock activity, please register on the website under Resources and Investor Email Alerts. Questions or comments may be directed to Lindsey Bailes at (903) 630-7965, or lindsey.bailes@southside.com.

    Forward-Looking Statements

    Certain statements of other than historical fact that are contained in this press release and in other written materials, documents and oral statements issued by or on behalf of the Company may be considered to be “forward-looking statements” within the meaning of and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. These statements may include words such as “expect,” “estimate,” “project,” “anticipate,” “appear,” “believe,” “could,” “should,” “may,” “might,” “will,” “would,” “seek,” “intend,” “probability,” “risk,” “goal,” “target,” “objective,” “plans,” “potential,” and similar expressions. Forward-looking statements are statements with respect to the Company’s beliefs, plans, expectations, objectives, goals, anticipations, assumptions, estimates, intentions and future performance and are subject to significant known and unknown risks and uncertainties, which could cause the Company’s actual results to differ materially from the results discussed in the forward-looking statements. For example, benefits of the Share Repurchase Plan, trends in asset quality, capital, liquidity, the Company’s ability to sell nonperforming assets, expense reductions, planned operational efficiencies and earnings from growth and certain market risk disclosures, including the impact of interest rates and our expectations regarding rate changes, tax reform, inflation, tariffs, the impacts related to or resulting from other economic factors are based upon information presently available to management and are dependent on choices about key model characteristics and assumptions and are subject to various limitations. By their nature, certain of the market risk disclosures are only estimates and could be materially different from what actually occurs in the future. Accordingly, our results could materially differ from those that have been estimated. The most significant factor that could cause future results to differ materially from those anticipated by our forward-looking statements include the ongoing impact of higher inflation levels, interest rate fluctuations, including the impact of changes in interest rates on our financial projections, models and guidance, and general economic and recessionary concerns, as well as the effects of declines in the real estate market, tariffs or trade wars (including reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment and increasing insurance costs, as well as the financial stress to borrowers as a result of the foregoing, all of which could impact economic growth and could cause a reduction in financial transactions and business activities, including decreased deposits and reduced loan originations, and our ability to manage liquidity in a rapidly changing and unpredictable market.

    Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, under “Part I – Item 1. Forward Looking Information” and “Part I – Item 1A. Risk Factors” and in the Company’s other filings with the Securities and Exchange Commission. The Company disclaims any obligation to update any factors or to announce publicly the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.

    Southside Bancshares, Inc.
    Consolidated Financial Summary (Unaudited)
    (Dollars in thousands)
     
      As of
        2025       2024  
      Jun 30,   Mar 31,   Dec 31,   Sep 30,   Jun 30,
    ASSETS                  
    Cash and due from banks $ 109,669     $ 103,359     $ 91,409     $ 130,147     $ 114,283  
    Interest earning deposits   260,357       293,364       281,945       333,825       272,469  
    Federal funds sold   20,069       34,248       52,807       22,325       65,244  
    Securities available for sale, at estimated fair value   1,457,124       1,457,939       1,533,894       1,408,437       1,405,944  
    Securities held to maturity, at net carrying value   1,272,906       1,278,330       1,279,234       1,288,403       1,305,975  
    Total securities   2,730,030       2,736,269       2,813,128       2,696,840       2,711,919  
    Federal Home Loan Bank stock, at cost   24,384       34,208       33,818       40,291       32,991  
    Loans held for sale   428       903       1,946       768       1,352  
    Loans   4,601,933       4,567,239       4,661,597       4,578,048       4,589,365  
    Less: Allowance for loan losses   (44,421 )     (44,623 )     (44,884 )     (44,276 )     (42,407 )
    Net loans   4,557,512       4,522,616       4,616,713       4,533,772       4,546,958  
    Premises & equipment, net   147,263       142,245       141,648       138,811       138,489  
    Goodwill   201,116       201,116       201,116       201,116       201,116  
    Other intangible assets, net   1,333       1,531       1,754       2,003       2,281  
    Bank owned life insurance   138,826       137,962       138,313       137,489       136,903  
    Other assets   148,979       135,479       142,851       124,876       133,697  
    Total assets $ 8,339,966     $ 8,343,300     $ 8,517,448     $ 8,362,263     $ 8,357,702  
                       
    LIABILITIES AND SHAREHOLDERS’ EQUITY                  
    Noninterest bearing deposits $ 1,368,453     $ 1,379,641     $ 1,357,152     $ 1,377,022     $ 1,366,924  
    Interest bearing deposits   5,263,511       5,211,210       5,297,096       5,058,680       5,129,008  
    Total deposits   6,631,964       6,590,851       6,654,248       6,435,702       6,495,932  
    Other borrowings and Federal Home Loan Bank borrowings   611,367       691,417       808,352       865,856       763,700  
    Subordinated notes, net of unamortized debt
    issuance costs    		   92,115       92,078       92,042       92,006       91,970  
    Trust preferred subordinated debentures, net of unamortized debt issuance costs   60,277       60,276       60,274       60,273       60,272  
    Other liabilities   137,043       92,055       90,590       103,172       144,858  
    Total liabilities   7,532,766       7,526,677       7,705,506       7,557,009       7,556,732  
    Shareholders’ equity   807,200       816,623       811,942       805,254       800,970  
    Total liabilities and shareholders’ equity $ 8,339,966     $ 8,343,300     $ 8,517,448     $ 8,362,263     $ 8,357,702  
     
    Southside Bancshares, Inc.
    Consolidated Financial Summary (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
        2025       2024  
      Jun 30,   Mar 31,   Dec 31,   Sep 30,   Jun 30,
    Income Statement:                  
    Total interest and dividend income $ 98,562     $ 100,288     $ 101,689     $ 105,703     $ 104,186  
    Total interest expense   44,296       46,436       47,982       50,239       50,578  
    Net interest income   54,266       53,852       53,707       55,464       53,608  
    Provision for (reversal of) credit losses   622       758       1,384       2,389       (485 )
    Net interest income after provision for (reversal of) credit losses   53,644       53,094       52,323       53,075       54,093  
    Noninterest income                  
    Deposit services   6,125       5,829       6,084       6,199       6,157  
    Net gain (loss) on sale of securities available for sale   —       (554 )     —       (1,929 )     (563 )
    Gain (loss) on sale of loans   99       55       138       115       220  
    Trust fees   1,879       1,765       1,773       1,628       1,456  
    Bank owned life insurance   833       799       848       857       1,767  
    Brokerage services   1,219       1,120       1,054       1,068       1,081  
    Other   1,990       1,209       2,384       233       1,439  
    Total noninterest income   12,145       10,223       12,281       8,171       11,557  
    Noninterest expense                  
    Salaries and employee benefits   22,272       22,382       22,960       22,233       21,984  
    Net occupancy   3,621       3,404       3,629       3,613       3,750  
    Advertising, travel & entertainment   950       924       884       734       795  
    ATM expense   405       378       378       412       368  
    Professional fees   1,401       1,520       1,645       1,206       1,075  
    Software and data processing   3,027       2,839       2,931       2,951       2,860  
    Communications   342       383       320       423       410  
    FDIC insurance   955       947       931       939       977  
    Amortization of intangibles   198       223       249       278       307  
    Other   6,086       4,089       4,232       3,543       3,239  
    Total noninterest expense   39,257       37,089       38,159       36,332       35,765  
    Income before income tax expense   26,532       26,228       26,445       24,914       29,885  
    Income tax expense   4,719       4,721       4,659       4,390       5,212  
    Net income $ 21,813     $ 21,507     $ 21,786     $ 20,524     $ 24,673  
                       
    Common Share Data:      
    Weighted-average basic shares outstanding   30,234       30,390       30,343       30,286       30,280  
    Weighted-average diluted shares outstanding   30,308       30,483       30,459       30,370       30,312  
    Common shares outstanding end of period   30,082       30,410       30,379       30,308       30,261  
    Earnings per common share                  
    Basic $ 0.72     $ 0.71     $ 0.72     $ 0.68     $ 0.81  
    Diluted   0.72       0.71       0.71       0.68       0.81  
    Book value per common share   26.83       26.85       26.73       26.57       26.47  
    Tangible book value per common share   20.10       20.19       20.05       19.87       19.75  
    Cash dividends paid per common share   0.36       0.36       0.36       0.36       0.36  
                       
    Selected Performance Ratios:                  
    Return on average assets   1.07 %     1.03 %     1.03 %     0.98 %     1.19 %
    Return on average shareholders’ equity   10.73       10.57       10.54       10.13       12.46  
    Return on average tangible common equity (1)   14.38       14.14       14.12       13.69       16.90  
    Average yield on earning assets (FTE) (1)   5.25       5.23       5.24       5.51       5.45  
    Average rate on interest bearing liabilities   2.98       3.03       3.12       3.28       3.32  
    Net interest margin (FTE) (1)   2.95       2.86       2.83       2.95       2.87  
    Net interest spread (FTE) (1)   2.27       2.20       2.12       2.23       2.13  
    Average earning assets to average interest bearing liabilities   129.33       128.10       129.55       128.51       128.62  
    Noninterest expense to average total assets   1.92       1.78       1.80       1.73       1.72  
    Efficiency ratio (FTE) (1)   53.70       55.04       54.00       51.90       52.71  
    (1) Refer to “Non-GAAP Reconciliation” at the end of the financial statement tables in this Earnings Release for a reconciliation of this non-GAAP financial measure to the nearest GAAP financial measure.
       
    Southside Bancshares, Inc.
    Consolidated Financial Highlights (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
        2025       2024  
      Jun 30,   Mar 31,   Dec 31,   Sep 30,   Jun 30,
    Nonperforming Assets: $ 32,909     $ 32,193     $ 3,589     $ 7,656     $ 6,918  
    Nonaccrual loans   4,998       4,254       3,185       7,254       6,110  
    Accruing loans past due more than 90 days   —       —       —       —       —  
    Restructured loans   27,512       27,505       2       —       145  
    Other real estate owned   380       388       388       388       648  
    Repossessed assets   19       46       14       14       15  
                       
    Asset Quality Ratios:                  
    Ratio of nonaccruing loans to:                  
    Total loans   0.11 %     0.09 %     0.07 %     0.16 %     0.13 %
    Ratio of nonperforming assets to:                  
    Total assets   0.39       0.39       0.04       0.09       0.08  
    Total loans   0.72       0.70       0.08       0.17       0.15  
    Total loans and OREO   0.72       0.70       0.08       0.17       0.15  
    Ratio of allowance for loan losses to:                  
    Nonaccruing loans   888.78       1,048.97       1,409.23       610.37       694.06  
    Nonperforming assets   134.98       138.61       1,250.60       578.32       613.00  
    Total loans   0.97       0.98       0.96       0.97       0.92  
    Net charge-offs (recoveries) to average loans outstanding   0.08       0.03       0.08       0.04       0.02  
                       
    Capital Ratios:                  
    Shareholders’ equity to total assets   9.68       9.79       9.53       9.63       9.58  
    Common equity tier 1 capital   13.36       13.44       13.04       13.07       12.72  
    Tier 1 risk-based capital   14.41       14.49       14.07       14.12       13.76  
    Total risk-based capital   16.91       17.01       16.49       16.59       16.16  
    Tier 1 leverage capital   10.03       9.73       9.67       9.61       9.40  
    Period end tangible equity to period end tangible assets (1)   7.43       7.54       7.33       7.38       7.33  
    Average shareholders’ equity to average total assets   9.94       9.75       9.76       9.67       9.52  

     

    (1) Refer to the “Non-GAAP Reconciliation” at the end of the financial statement tables in this Earnings Release for a reconciliation of this non-GAAP financial measure to the nearest GAAP financial measure.
       
    Southside Bancshares, Inc.
    Consolidated Financial Highlights (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
        2025       2024  
    Loan Portfolio Composition Jun 30,   Mar 31,   Dec 31,   Sep 30,   Jun 30,
    Real Estate Loans:                  
    Construction $ 470,380     $ 458,101     $ 537,827     $ 585,817     $ 546,040  
    1-4 Family Residential   736,108       741,432       740,396       755,406       738,037  
    Commercial   2,606,072       2,577,229       2,579,735       2,422,612       2,472,771  
    Commercial Loans   380,612       371,643       363,167       358,854       359,807  
    Municipal Loans   363,746       371,271       390,968       402,041       416,986  
    Loans to Individuals   45,015       47,563       49,504       53,318       55,724  
    Total Loans $ 4,601,933     $ 4,567,239     $ 4,661,597     $ 4,578,048     $ 4,589,365  
                       
    Summary of Changes in Allowances:                  
    Allowance for Securities Held to Maturity                  
    Balance at beginning of period $ 64     $ —     $ —     $ —     $ —  
    Provision for (reversal of) securities held to maturity   (9 )     64       —       —       —  
    Balance at end of period $ 55     $ 64     $ —     $ —     $ —  
                       
    Allowance for Loan Losses                  
    Balance at beginning of period $ 44,623     $ 44,884     $ 44,276     $ 42,407     $ 43,557  
    Loans charged-off   (1,194 )     (613 )     (1,232 )     (773 )     (721 )
    Recoveries of loans charged-off   342       310       277       365       444  
    Net loans (charged-off) recovered   (852 )     (303 )     (955 )     (408 )     (277 )
    Provision for (reversal of) loan losses   650       42       1,563       2,277       (873 )
    Balance at end of period $ 44,421     $ 44,623     $ 44,884     $ 44,276     $ 42,407  
                       
    Allowance for Off-Balance-Sheet Credit Exposures                  
    Balance at beginning of period $ 3,793     $ 3,141     $ 3,320     $ 3,208     $ 2,820  
    Provision for (reversal of) off-balance-sheet credit exposures   (19 )     652       (179 )     112       388  
    Balance at end of period $ 3,774     $ 3,793     $ 3,141     $ 3,320     $ 3,208  
    Total Allowance for Credit Losses $ 48,250     $ 48,480     $ 48,025     $ 47,596     $ 45,615  
     
    Southside Bancshares, Inc.
    Consolidated Financial Highlights (Unaudited)
    (Dollars in thousands)
     
      Six Months Ended
      June 30,
        2025       2024  
    Income Statement:      
    Total interest and dividend income $ 198,850     $ 206,944  
    Total interest expense   90,732       99,988  
    Net interest income   108,118       106,956  
    Provision for (reversal of) credit losses   1,380       (427 )
    Net interest income after provision for (reversal of) credit losses   106,738       107,383  
    Noninterest income      
    Deposit services   11,954       12,142  
    Net gain (loss) on sale of securities available for sale   (554 )     (581 )
    Gain (loss) on sale of loans   154       (216 )
    Trust fees   3,644       2,792  
    Bank owned life insurance   1,632       2,551  
    Brokerage services   2,339       2,095  
    Other   3,199       2,498  
    Total noninterest income   22,368       21,281  
    Noninterest expense      
    Salaries and employee benefits   44,654       45,097  
    Net occupancy   7,025       7,112  
    Advertising, travel & entertainment   1,874       1,745  
    ATM expense   783       693  
    Professional fees   2,921       2,229  
    Software and data processing   5,866       5,716  
    Communications   725       859  
    FDIC insurance   1,902       1,920  
    Amortization of intangibles   421       644  
    Other   10,175       6,631  
    Total noninterest expense   76,346       72,646  
    Income before income tax expense   52,760       56,018  
    Income tax expense   9,440       9,834  
    Net income $ 43,320     $ 46,184  
    Common Share Data:      
    Weighted-average basic shares outstanding   30,311       30,271  
    Weighted-average diluted shares outstanding   30,397       30,310  
    Common shares outstanding end of period   30,082       30,261  
    Earnings per common share      
    Basic $ 1.43     $ 1.52  
    Diluted   1.42       1.52  
    Book value per common share   26.83       26.47  
    Tangible book value per common share   20.10       19.75  
    Cash dividends paid per common share   0.72       0.72  
           
    Selected Performance Ratios:      
    Return on average assets   1.05 %     1.11 %
    Return on average shareholders’ equity   10.65       11.74  
    Return on average tangible common equity (1)   14.26       15.99  
    Average yield on earning assets (FTE) (1)   5.24       5.42  
    Average rate on interest bearing liabilities   3.01       3.27  
    Net interest margin (FTE) (1)   2.91       2.87  
    Net interest spread (FTE) (1)   2.23       2.15  
    Average earning assets to average interest bearing liabilities   128.71       128.16  
    Noninterest expense to average total assets   1.85       1.74  
    Efficiency ratio (FTE) (1)   54.36       54.11  

     

    (1) Refer to “Non-GAAP Reconciliation” at the end of the financial statement tables in this Earnings Release for a reconciliation of this non-GAAP financial measure to the nearest GAAP financial measure.
       
    Southside Bancshares, Inc.
    Consolidated Financial Highlights (Unaudited)
    (Dollars in thousands)
     
      Six Months Ended
      June 30,
        2025       2024  
    Nonperforming Assets: $ 32,909     $ 6,918  
    Nonaccrual loans   4,998       6,110  
    Accruing loans past due more than 90 days   —       —  
    Restructured loans   27,512       145  
    Other real estate owned   380       648  
    Repossessed assets   19       15  
           
    Asset Quality Ratios:      
    Ratio of nonaccruing loans to:      
    Total loans   0.11 %     0.13 %
    Ratio of nonperforming assets to:      
    Total assets   0.39       0.08  
    Total loans   0.72       0.15  
    Total loans and OREO   0.72       0.15  
    Ratio of allowance for loan losses to:      
    Nonaccruing loans   888.78       694.06  
    Nonperforming assets   134.98       613.00  
    Total loans   0.97       0.92  
    Net charge-offs (recoveries) to average loans outstanding   0.05       0.02  
           
    Capital Ratios:      
    Shareholders’ equity to total assets   9.68       9.58  
    Common equity tier 1 capital   13.36       12.72  
    Tier 1 risk-based capital   14.41       13.76  
    Total risk-based capital   16.91       16.16  
    Tier 1 leverage capital   10.03       9.40  
    Period end tangible equity to period end tangible assets (1)   7.43       7.33  
    Average shareholders’ equity to average total assets   9.84       9.43  
    (1)  Refer to the “Non-GAAP Reconciliation” at the end of the financial statement tables in this Earnings Release for a reconciliation of this non-GAAP financial measure to the nearest GAAP financial measure.
       
    Southside Bancshares, Inc.
    Consolidated Financial Highlights (Unaudited)
    (Dollars in thousands)
     
      Six Months Ended
      June 30,
    Loan Portfolio Composition   2025       2024  
    Real Estate Loans:      
    Construction $ 470,380     $ 546,040  
    1-4 Family Residential   736,108       738,037  
    Commercial   2,606,072       2,472,771  
    Commercial Loans   380,612       359,807  
    Municipal Loans   363,746       416,986  
    Loans to Individuals   45,015       55,724  
    Total Loans $ 4,601,933     $ 4,589,365  
           
    Summary of Changes in Allowances:      
    Allowance for Securities Held to Maturity      
    Balance at beginning of period $ —     $ —  
    Provision for (reversal of) securities held to maturity   55       —  
    Balance at end of period $ 55     $ —  
           
    Summary of Changes in Allowances:      
    Allowance for Loan Losses      
    Balance at beginning of period $ 44,884     $ 42,674  
    Loans charged-off   (1,807 )     (1,355 )
    Recoveries of loans charged-off   652       791  
    Net loans (charged-off) recovered   (1,155 )     (564 )
    Provision for (reversal of) loan losses   692       297  
    Balance at end of period $ 44,421     $ 42,407  
           
    Allowance for Off-Balance-Sheet Credit Exposures      
    Balance at beginning of period $ 3,141     $ 3,932  
    Provision for (reversal of) off-balance-sheet credit exposures   633       (724 )
    Balance at end of period $ 3,774     $ 3,208  
    Total Allowance for Credit Losses $ 48,250     $ 45,615  
     

    The tables that follow show average earning assets and interest bearing liabilities together with the average yield on the earning assets and the average rate of the interest bearing liabilities for the periods presented. The interest and related yields presented are on a fully taxable-equivalent basis and are therefore non-GAAP measures. See “Non-GAAP Financial Measures” and “Non-GAAP Reconciliation” for more information.

    Southside Bancshares, Inc.
    Average Balances and Average Yields and Rates (Annualized) (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
      June 30, 2025   March 31, 2025
      Average Balance   Interest   Average Yield/Rate (3)   Average Balance   Interest   Average Yield/Rate (3)
    ASSETS                      
    Loans (1) $ 4,519,668     $ 67,798   6.02 %   $ 4,625,902     $ 68,160   5.98 %
    Loans held for sale   1,108       16   5.79 %     752       11   5.93 %
    Securities:                      
    Taxable investment securities (2)   735,669       6,205   3.38 %     749,155       6,363   3.44 %
    Tax-exempt investment securities (2)   1,130,903       10,351   3.67 %     1,134,590       10,253   3.66 %
    Mortgage-backed and related securities (2)   1,003,887       13,040   5.21 %     1,041,038       13,523   5.27 %
    Total securities   2,870,459       29,596   4.14 %     2,924,783       30,139   4.18 %
    Federal Home Loan Bank stock, at cost, and equity investments   31,169       524   6.74 %     43,285       483   4.53 %
    Interest earning deposits   259,617       2,753   4.25 %     319,889       3,370   4.27 %
    Federal funds sold   27,778       308   4.45 %     43,813       478   4.42 %
    Total earning assets   7,709,799       100,995   5.25 %     7,958,424       102,641   5.23 %
    Cash and due from banks   84,419               89,703          
    Accrued interest and other assets   452,573               457,948          
    Less: Allowance for loan losses   (44,747 )             (45,105 )        
    Total assets $ 8,202,044             $ 8,460,970          
    LIABILITIES AND SHAREHOLDERS’ EQUITY                      
    Savings accounts $ 596,125       1,451   0.98 %   $ 593,953       1,429   0.98 %
    Certificates of deposit   1,407,017       14,905   4.25 %     1,336,815       14,406   4.37 %
    Interest bearing demand accounts   3,311,330       21,071   2.55 %     3,406,342       21,412   2.55 %
    Total interest bearing deposits   5,314,472       37,427   2.82 %     5,337,110       37,247   2.83 %
    Federal Home Loan Bank borrowings   394,119       3,721   3.79 %     614,897       5,837   3.85 %
    Subordinated notes, net of unamortized debt issuance costs   92,097       935   4.07 %     92,060       932   4.11 %
    Trust preferred subordinated debentures, net of unamortized debt issuance costs   60,276       1,015   6.75 %     60,275       1,014   6.82 %
    Repurchase agreements   72,295       634   3.52 %     75,291       666   3.59 %
    Other borrowings   28,022       564   8.07 %     33,061       740   9.08 %
    Total interest bearing liabilities   5,961,281       44,296   2.98 %     6,212,694       46,436   3.03 %
    Noninterest bearing deposits   1,339,463               1,334,933          
    Accrued expenses and other liabilities   85,827               88,450          
    Total liabilities   7,386,571               7,636,077          
    Shareholders’ equity   815,473               824,893          
    Total liabilities and shareholders’ equity $ 8,202,044             $ 8,460,970          
    Net interest income (FTE)     $ 56,699           $ 56,205    
    Net interest margin (FTE)         2.95 %           2.86 %
    Net interest spread (FTE)         2.27 %           2.20 %
    (1) Interest on loans includes net fees on loans that are not material in amount.
    (2) For the purpose of calculating the average yield, the average balance of securities do not include unrealized gains and losses on AFS securities.
    (3) Yield/rate includes the impact of applicable derivatives.
       

    Note: As of June 30, 2025 and March 31, 2025, loans totaling $5.0 million and $4.3 million, respectively, were on nonaccrual status. Our policy is to reverse previously accrued but unpaid interest on nonaccrual loans; thereafter, interest income is recorded to the extent received when appropriate.

    Southside Bancshares, Inc.
    Average Balances and Average Yields and Rates (Annualized) (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
      December 31, 2024   September 30, 2024
      Average Balance   Interest   Average Yield/Rate (3)   Average Balance   Interest   Average Yield/Rate (3)
    ASSETS                      
    Loans (1) $ 4,604,175     $ 70,155   6.06 %   $ 4,613,028     $ 72,493   6.25 %
    Loans held for sale   1,562       23   5.86 %     871       11   5.02 %
    Securities:                      
    Taxable investment securities (2)   784,321       6,949   3.52 %     791,914       7,150   3.59 %
    Tax-exempt investment securities (2)   1,138,271       10,793   3.77 %     1,174,445       11,825   4.01 %
    Mortgage-backed and related securities (2)   1,031,187       12,043   4.65 %     886,325       11,976   5.38 %
    Total securities   2,953,779       29,785   4.01 %     2,852,684       30,951   4.32 %
    Federal Home Loan Bank stock, at cost, and equity investments   37,078       591   6.34 %     41,159       582   5.63 %
    Interest earning deposits   273,656       3,160   4.59 %     281,313       3,798   5.37 %
    Federal funds sold   43,121       508   4.69 %     33,971       488   5.71 %
    Total earning assets   7,913,371       104,222   5.24 %     7,823,026       108,323   5.51 %
    Cash and due from banks   102,914               100,578          
    Accrued interest and other assets   454,387               455,091          
    Less: Allowance for loan losses   (44,418 )             (42,581 )        
    Total assets $ 8,426,254             $ 8,336,114          
    LIABILITIES AND SHAREHOLDERS’ EQUITY                      
    Savings accounts $ 594,196       1,456   0.97 %   $ 598,116       1,490   0.99 %
    Certificates of deposit   1,187,800       13,537   4.53 %     1,087,613       12,647   4.63 %
    Interest bearing demand accounts   3,459,122       23,468   2.70 %     3,409,911       24,395   2.85 %
    Total interest bearing deposits   5,241,118       38,461   2.92 %     5,095,640       38,532   3.01 %
    Federal Home Loan Bank borrowings   572,993       5,557   3.86 %     618,708       6,488   4.17 %
    Subordinated notes, net of unamortized debt issuance costs   92,024       945   4.09 %     91,988       937   4.05 %
    Trust preferred subordinated debentures, net of unamortized debt issuance costs   60,274       1,095   7.23 %     60,273       1,180   7.79 %
    Repurchase agreements   80,891       782   3.85 %     83,297       899   4.29 %
    Other borrowings   61,196       1,142   7.42 %     137,482       2,203   6.37 %
    Total interest bearing liabilities   6,108,496       47,982   3.12 %     6,087,388       50,239   3.28 %
    Noninterest bearing deposits   1,383,204               1,344,165          
    Accrued expenses and other liabilities   112,320               98,331          
    Total liabilities   7,604,020               7,529,884          
    Shareholders’ equity   822,234               806,230          
    Total liabilities and shareholders’ equity $ 8,426,254             $ 8,336,114          
    Net interest income (FTE)     $ 56,240           $ 58,084    
    Net interest margin (FTE)         2.83 %           2.95 %
    Net interest spread (FTE)         2.12 %           2.23 %
    (1) Interest on loans includes net fees on loans that are not material in amount.
    (2) For the purpose of calculating the average yield, the average balance of securities do not include unrealized gains and losses on AFS securities.
    (3) Yield/rate includes the impact of applicable derivatives.
       

    Note: As of December 31, 2024 and September 30, 2024, loans totaling $3.2 million and $7.3 million, respectively, were on nonaccrual status. Our policy is to reverse previously accrued but unpaid interest on nonaccrual loans; thereafter, interest income is recorded to the extent received when appropriate.

    Southside Bancshares, Inc.
    Average Balances and Average Yields and Rates (Annualized) (Unaudited)
    (Dollars in thousands)
     
      Three Months Ended
      June 30, 2024
      Average Balance   Interest   Average Yield/Rate (3)
    ASSETS          
    Loans (1) $ 4,595,980     $ 70,293   6.15 %
    Loans held for sale   1,489       24   6.48 %
    Securities:          
    Taxable investment securities (2)   783,856       7,009   3.60 %
    Tax-exempt investment securities (2)   1,254,097       12,761   4.09 %
    Mortgage-backed and related securities (2)   830,504       11,084   5.37 %
    Total securities   2,868,457       30,854   4.33 %
    Federal Home Loan Bank stock, at cost, and equity investments   40,467       573   5.69 %
    Interest earning deposits   300,047       4,105   5.50 %
    Federal funds sold   75,479       1,021   5.44 %
    Total earning assets   7,881,919       106,870   5.45 %
    Cash and due from banks   110,102          
    Accrued interest and other assets   424,323          
    Less: Allowance for loan losses   (43,738 )        
    Total assets $ 8,372,606          
    LIABILITIES AND SHAREHOLDERS’ EQUITY          
    Savings accounts $ 604,753       1,454   0.97 %
    Certificates of deposit   1,020,099       11,630   4.59 %
    Interest bearing demand accounts   3,513,068       25,382   2.91 %
    Total interest bearing deposits   5,137,920       38,466   3.01 %
    Federal Home Loan Bank borrowings   606,851       6,455   4.28 %
    Subordinated notes, net of unamortized debt issuance costs   92,017       936   4.09 %
    Trust preferred subordinated debentures, net of unamortized debt issuance costs   60,271       1,171   7.81 %
    Repurchase agreements   88,007       955   4.36 %
    Other borrowings   143,169       2,595   7.29 %
    Total interest bearing liabilities   6,128,235       50,578   3.32 %
    Noninterest bearing deposits   1,346,274          
    Accrued expenses and other liabilities   101,399          
    Total liabilities   7,575,908          
    Shareholders’ equity   796,698          
    Total liabilities and shareholders’ equity $ 8,372,606          
    Net interest income (FTE)     $ 56,292    
    Net interest margin (FTE)         2.87 %
    Net interest spread (FTE)         2.13 %

     

    (1) Interest on loans includes net fees on loans that are not material in amount.
    (2) For the purpose of calculating the average yield, the average balance of securities do not include unrealized gains and losses on AFS securities.
    (3) Yield/rate includes the impact of applicable derivatives.
       

    Note: As of June 30, 2024, loans totaling $6.1 million were on nonaccrual status. Our policy is to reverse previously accrued but unpaid interest on nonaccrual loans; thereafter, interest income is recorded to the extent received when appropriate.

    Southside Bancshares, Inc.
    Average Balances and Average Yields and Rates (Annualized) (Unaudited)
    (Dollars in thousands)
     
      Six Months Ended
      June 30, 2025   June 30, 2024
      Average Balance   Interest   Average Yield/Rate   Average Balance   Interest   Average Yield/Rate
    ASSETS                      
    Loans (1) $ 4,572,492     $ 135,958   6.00 %   $ 4,577,791     $ 139,142   6.11 %
    Loans held for sale   931       27   5.85 %     5,162       42   1.64 %
    Securities:                      
    Taxable investment securities (2)   742,375       12,568   3.41 %     782,139       13,976   3.59 %
    Tax-exempt investment securities (2)   1,132,736       20,604   3.67 %     1,270,010       25,929   4.11 %
    Mortgage-backed and related securities (2)   1,022,360       26,563   5.24 %     797,608       21,203   5.35 %
    Total securities   2,897,471       59,735   4.16 %     2,849,757       61,108   4.31 %
    Federal Home Loan Bank stock, at cost, and equity investments   37,194       1,007   5.46 %     40,265       906   4.52 %
    Interest earning deposits   289,586       6,123   4.26 %     340,114       9,307   5.50 %
    Federal funds sold   35,751       786   4.43 %     69,039       1,859   5.41 %
    Total earning assets   7,833,425       203,636   5.24 %     7,882,128       212,364   5.42 %
    Cash and due from banks   87,046               112,241          
    Accrued interest and other assets   455,245               432,904          
    Less: Allowance for loan losses   (44,925 )             (43,356 )        
    Total assets $ 8,330,791             $ 8,383,917          
    LIABILITIES AND SHAREHOLDERS’ EQUITY                      
    Savings accounts $ 595,045       2,880   0.98 %   $ 604,641       2,878   0.96 %
    Certificates of deposit   1,372,110       29,311   4.31 %     981,023       21,971   4.50 %
    Interest bearing demand accounts   3,358,573       42,483   2.55 %     3,574,001       51,815   2.92 %
    Total interest bearing deposits   5,325,728       74,674   2.83 %     5,159,665       76,664   2.99 %
    Federal Home Loan Bank borrowings   503,898       9,558   3.83 %     606,942       12,405   4.11 %
    Subordinated notes, net of unamortized debt issuance costs   92,079       1,867   4.09 %     92,956       1,892   4.09 %
    Trust preferred subordinated debentures, net of unamortized debt issuance costs   60,275       2,029   6.79 %     60,271       2,346   7.83 %
    Repurchase agreements   73,785       1,300   3.55 %     90,092       1,922   4.29 %
    Other borrowings   30,528       1,304   8.61 %     140,228       4,759   6.82 %
    Total interest bearing liabilities   6,086,293       90,732   3.01 %     6,150,154       99,988   3.27 %
    Noninterest bearing deposits   1,337,210               1,342,329          
    Accrued expenses and other liabilities   87,131               100,558          
    Total liabilities   7,510,634               7,593,041          
    Shareholders’ equity   820,157               790,876          
    Total liabilities and shareholders’ equity $ 8,330,791             $ 8,383,917          
    Net interest income (FTE)     $ 112,904           $ 112,376    
    Net interest margin (FTE)         2.91 %           2.87 %
    Net interest spread (FTE)         2.23 %           2.15 %
    (1) Interest on loans includes net fees on loans that are not material in amount.
    (2) For the purpose of calculating the average yield, the average balance of securities is presented at historical cost.
       

    Note: As of June 30, 2025 and 2024, loans totaling $5.0 million and $6.1 million, respectively, were on nonaccrual status. Our policy is to reverse previously accrued but unpaid interest on nonaccrual loans; thereafter, interest income is recorded to the extent received when appropriate.

    The following tables set forth the reconciliation of return on average common equity to return on average tangible common equity, book value per share to tangible book value per share, net interest income to net interest income adjusted to a fully taxable-equivalent basis assuming a 21% marginal tax rate for interest earned on tax-exempt assets such as municipal loans and investment securities, along with the calculation of total revenue, adjusted noninterest expense, efficiency ratio (FTE), net interest margin (FTE) and net interest spread (FTE) for the applicable periods presented.

    Southside Bancshares, Inc.
    Non-GAAP Reconciliation (Unaudited)
    (Dollars and shares in thousands, except per share data)
     
        Three Months Ended   Six Months Ended
          2025       2024       2025       2024  
        Jun 30,   Mar 31,   Dec 31,   Sep 30,   Jun 30,   Jun 30,   Jun 30,
    Reconciliation of return on average common equity to return on average tangible common equity:                            
    Net income   $ 21,813     $ 21,507     $ 21,786     $ 20,524     $ 24,673     $ 43,320     $ 46,184  
    After-tax amortization expense     157       176       196       220       243       333       509  
    Adjusted net income available to common shareholders   $ 21,970     $ 21,683     $ 21,982     $ 20,744     $ 24,916     $ 43,653     $ 46,693  
                                 
    Average shareholders’ equity   $ 815,473     $ 824,893     $ 822,234     $ 806,230     $ 796,698     $ 820,157     $ 790,876  
    Less: Average intangibles for the period     (202,569 )     (202,784 )     (203,020 )     (203,288 )     (203,581 )     (202,676 )     (203,745 )
    Average tangible shareholders’ equity   $ 612,904     $ 622,109     $ 619,214     $ 602,942     $ 593,117     $ 617,481     $ 587,131  
                                 
    Return on average tangible common equity     14.38 %     14.14 %     14.12 %     13.69 %     16.90 %     14.26 %     15.99 %
                                 
    Reconciliation of book value per share to tangible book value per share:                            
    Common equity at end of period   $ 807,200     $ 816,623     $ 811,942     $ 805,254     $ 800,970     $ 807,200     $ 800,970  
    Less: Intangible assets at end of period     (202,449 )     (202,647 )     (202,870 )     (203,119 )     (203,397 )     (202,449 )     (203,397 )
    Tangible common shareholders’ equity at end of period   $ 604,751     $ 613,976     $ 609,072     $ 602,135     $ 597,573     $ 604,751     $ 597,573  
                                 
    Total assets at end of period   $ 8,339,966     $ 8,343,300     $ 8,517,448     $ 8,362,263     $ 8,357,702     $ 8,339,966     $ 8,357,702  
    Less: Intangible assets at end of period     (202,449 )     (202,647 )     (202,870 )     (203,119 )     (203,397 )     (202,449 )     (203,397 )
    Tangible assets at end of period   $ 8,137,517     $ 8,140,653     $ 8,314,578     $ 8,159,144     $ 8,154,305     $ 8,137,517     $ 8,154,305  
                                 
    Period end tangible equity to period end tangible assets     7.43 %     7.54 %     7.33 %     7.38 %     7.33 %     7.43 %     7.33 %
                                 
    Common shares outstanding end of period     30,082       30,410       30,379       30,308       30,261       30,082       30,261  
    Tangible book value per common share   $ 20.10     $ 20.19     $ 20.05     $ 19.87     $ 19.75     $ 20.10     $ 19.75  
                                 
    Reconciliation of efficiency ratio to efficiency ratio (FTE), net interest margin to net interest margin (FTE) and net interest spread to net interest spread (FTE):                            
    Net interest income (GAAP)   $ 54,266     $ 53,852     $ 53,707     $ 55,464     $ 53,608     $ 108,118     $ 106,956  
    Tax-equivalent adjustments:                            
    Loans     565       581       598       608       633       1,146       1,289  
    Tax-exempt investment securities     1,868       1,772       1,935       2,012       2,051       3,640       4,131  
    Net interest income (FTE) (1)     56,699       56,205       56,240       58,084       56,292       112,904       112,376  
    Noninterest income     12,145       10,223       12,281       8,171       11,557       22,368       21,281  
    Nonrecurring income (2)     —       554       (25 )     2,797       (576 )     554       (558 )
    Total revenue   $ 68,844     $ 66,982     $ 68,496     $ 69,052     $ 67,273     $ 135,826     $ 133,099  
                                 
    Noninterest expense   $ 39,257     $ 37,089     $ 38,159     $ 36,332     $ 35,765     $ 76,346     $ 72,646  
    Pre-tax amortization expense     (198 )     (223 )     (249 )     (278 )     (307 )     (421 )     (644 )
    Nonrecurring expense (3)     (2,090 )     (1 )     (919 )     (219 )     2       (2,091 )     19  
    Adjusted noninterest expense   $ 36,969     $ 36,865     $ 36,991     $ 35,835     $ 35,460     $ 73,834     $ 72,021  
                                 
    Efficiency ratio     55.67 %     57.04 %     56.08 %     53.94 %     54.90 %     56.34 %     56.41 %
    Efficiency ratio (FTE) (1)     53.70 %     55.04 %     54.00 %     51.90 %     52.71 %     54.36 %     54.11 %
                                 
    Average earning assets   $ 7,709,799     $ 7,958,424     $ 7,913,371     $ 7,823,026     $ 7,881,919     $ 7,833,425     $ 7,882,128  
                                 
    Net interest margin     2.82 %     2.74 %     2.70 %     2.82 %     2.74 %     2.78 %     2.73 %
    Net interest margin (FTE) (1)     2.95 %     2.86 %     2.83 %     2.95 %     2.87 %     2.91 %     2.87 %
                                 
    Net interest spread     2.15 %     2.08 %     1.99 %     2.10 %     2.00 %     2.11 %     2.01 %
    Net interest spread (FTE) (1)     2.27 %     2.20 %     2.12 %     2.23 %     2.13 %     2.23 %     2.15 %
    (1) These amounts are presented on a fully taxable-equivalent basis and are non-GAAP measures.
    (2) These adjustments may include net gain or loss on sale of securities available for sale, BOLI income related to death benefits realized and other investment income or loss in the periods where applicable.
    (3) These adjustments may include foreclosure expenses, branch closure expenses and other miscellaneous expense, in the periods where applicable.

    The MIL Network –

  • MIL-OSI: COFICERT : ORGANIZATION OF AN INTERNATIONAL CEREMONY FOR THE AWARDING OF FINANCIAL AND NON-FINANCIAL COMPLIANCE CERTIFICATES AT EURONEXT

    Source: GlobeNewswire (MIL-OSI)

                 

    ORGANIZATION OF AN INTERNATIONAL CEREMONY FOR THE AWARDING OF FINANCIAL AND NON-FINANCIAL COMPLIANCE CERTIFICATES AT EURONEXT

    On Tuesday, June 25, COFICERT, in partnership with IGSF, hosted an official ceremony to award financial and non-financial compliance certificates at the Euronext headquarters, located at the Paris Stock Exchange.

    Several delegations from institutions known for their dedication to compliance and responsible finance, representing almost fifteen nations, came together for this event. A number of organisations received compliance certificates in line with globally accepted standards, such as the AML 30001® Standard (AML/CFT 2025 version), which is focused on counter-terrorism financing and anti-money laundering, and the MSI 20000® Standard, which is focused on governance and financial quality. The ISO 37001® Standard, which focusses on anti-corruption, and the ESG 1000® Standard, which is dedicated to governance and quality of non-financial governance structures, were also emphasised during the event.

    The ceremony was attended by Véronique de la Bachelerie, President of IGSF, Jérôme Gacoin, President of COFICERT, and Souheil Skander, CEO of COFICERT. It also gathered representatives from the European Commission, the World Bank, the OECD, and the EU Global Facility on AML/CFT, reflecting the growing importance attached to certification to these standards and international cooperation between Europe, Africa, and the Middle East in these areas. This convergence around a shared normative framework demonstrates a collective will to foster greater transparency and a standardized language, serving as a catalyst for universal compliance.

    The companies certified during this ceremony belong to strategic sectors, placing them in a position to drive change within their respective countries or regions, thereby fostering the widespread adoption of best practices and contributing to enhanced integrity across the financial system. Notably, the companies that made the trip to Paris are among the leading financial and economic players on the African continent. West and Central Africa were represented by BSIC and NSIA Bank (Benin, Guinea, Togo, Senegal), as well as BGFIBank Group (Côte d’Ivoire, Gabon, Cameroon, DRC), all of which hold prominent regional positions. North Africa was well represented by Tunisia, Morocco, and Egypt, with leading institutions such as Bank of Tunisia, Tunisie Leasing & Factoring, Tunisie Valeurs, Hannibal Lease, BSB TOYOTA, Attawfiq Microfinance, and Alamana Microfinance. The diversity of these profiles illustrates the inclusive and structuring purpose of the MSI 20000® Standard, uniting key transformational actors at a regional level and compliance drivers at an international level.

    The organization of this event, along with the presence of official delegations and international organizations, underscores the growing importance attributed to financial and non-financial compliance as a pillar of performance, responsibility, and ultimately, value creation.

    Ms. Véronique de la Bachelerie, President of IGSF, emphasized: “The financial and non-financial certifications standardized by IGSF and ISO provide a guarantee of confidence in the financial sustainability of a company (MSI 20000), a guarantee of confidence in the quality of its governance and its risk management policies regarding financial crime through anti-money laundering and counter-terrorism financing (AML 30001), the fight against corruption (ISO 37001), and finally a guarantee of confidence in its ability to address all environmental and social challenges through the quality of its non-financial governance. More broadly, this contributes to the company’s sustainability – that is the value proposition of ESG 1000, in support of sustainable finance.”

    Mr. Jérôme Gacoin, President of COFICERT, stated: “We have just experienced a moment that is both symbolic and foundational. Symbolic, because the adoption of these standards reflects the commitment of companies and institutions to comply with demanding, internationally recognized standards. Foundational, because it contributes to a dynamic of trust, transparency, and responsibility at both the European and global levels. Furthermore, the Paris Stock Exchange, a crossroads of markets and investments, perfectly embodies COFICERT’s mission: to raise standards, secure economic relationships, and recognize the value of committed organizations.”

    Mr. Souheil Skander, CEO of COFICERT, added: “The companies certified to the MSI 20000, ISO 37001, and AML 30001 standards have successfully turned what was once a constraint into an opportunity and a powerful lever of attractiveness and value creation. Certifications today serve as true benchmarks – they are closely observed and highly valued. They offer undeniable competitive and differentiation advantages, effectively acting as a qualitative filter. These certifications have become tools of assurance, opportunity, and synergy for business development.”

    IGSF (International Group for Sustainability Finance) is a non-profit NGO based in Luxembourg, whose activities aim to channel and organise international efforts in financial and extra-financial standard-setting. As a standard-setting body, IGSF operates along two main axes: first, the technical organization of standards related to financial and extra-financial governance; and second, the dissemination of standards and best practices. The issues addressed by IGSF include financial governance, the fight against financial crime and the social responsibility of companies and organisations of all types.

    COFICERT is a French certification body specializing in financial and non-financial certifications, operating in nearly 50 countries across 3 continents. COFICERT is recognized for its expertise in governance, anti-financial crime, and sustainable finance. It certifies organizations in areas related to sound financial governance (MSI 20000), extra-financial governance (ESG 1000), anti-money laundering and counter-terrorism financing (AML 30001), and anti-corruption (ISO 37001).

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Drive to make taxis safer and greener

    Source: City of Stoke-on-Trent

    Published: Friday, 25th July 2025

    Stoke-on-Trent is to introduce new rules to make the city’s taxis safer and greener.

    The city council’s cabinet approved changes that will mean all taxi owners must have DBS checks for unspent convictions and cautions.

    Drivers will continue to face enhanced DBS checks and will have to attend courses about safeguarding children and vulnerable people before they begin work – and then re-attend every three years.

    The new rules recommend that all drivers install CCTV in their vehicles for their own safety, and that of their passengers.

    They mean drivers have to notify the council within 48 hours if they are questioned, interviewed or arrested by police. Previously the deadline was seven days.

    Drivers will also have to demonstrate the right to work in the UK through a UK passport or right-to-work code.

    The rules would effectively mean only electric and hybrid taxis will be licensed after April 2031. Conventional diesel or petrol taxis will be gradually phased out before then, with the least polluting, wheelchair-accessible vehicles given longer on the city’s roads.

    The new rules form part of a draft taxi and private hire licensing policy for 2025.

    Operators and drivers have been widely consulted on the planned changes, with the majority in favour of the proposals.

    Councillor Chris Robinson, cabinet member for housing, planning and governance at Stoke-on-Trent City Council, said: “People often use taxis when they are at their most vulnerable, for example after a night out, or in the event of an emergency.

    “Adding an additional layer of security to licensing policy is a vital step in community safety. We don’t want people to just get from ‘A to B’, we want passengers to feel safe and comfortable on their journey.

    “It is fundamental the taxi firms play a part in building a safer and greener city for all with more than 1,760 city council licensed vehicles now operating in the city each year.”

    MIL OSI United Kingdom –

  • MIL-OSI China: Rooftop venues offer new views of Beijing’s Central Axis

    Source: People’s Republic of China – State Council News

    Beijing’s ancient Central Axis is attracting a new wave of rooftop venues that offer diners and tourists elevated views of the UNESCO World Heritage site nearly a year after its inscription.

    The trend toward “sky-high consumption” — rooftop restaurants, bars and entertainment spaces — is transforming how visitors experience the capital’s historic landmarks while injecting commercial energy into the city’s rich heritage.

    At Guan Tan Art Space on the fifth floor of Hongqiao Market, diners can eat temple-shaped mousse cakes while photographing the nearby Temple of Heaven’s Hall of Prayer for Good Harvests.

    “It’s a full-sensory experience of the Temple of Heaven — truly special!” said a tourist watching live jazz as the Hall of Prayer lit up at dusk.

    The venue features seven glass domes designed to mirror the Temple’s Seven Star Stones, transforming the traditional market into what locals call a new viewing spot for Temple of Heaven sunsets.

    Further north, GUI TEMPLE Restaurant occupies a terrace atop Hong’en Taoist Temple’s west annex just 200 meters from the Bell Tower, offering diners eye-level views of both structures. The 200-square-meter space is part of efforts to revitalize the 700-year-old temple, where guests dine to the traditional “morning bell and evening drum” sounds.

    The rooftop trend has spread along the Beijing’s Central Axis. A century-old building in Xiaojiang Hutong near Qianmen Street now houses a rooftop teahouse where visitors can attend tea ceremonies while overlooking historic courtyard roofs. On Gulou West Street, cafes and restaurants provide views of the Bell and Drum Towers.

    The rooftop venues reflect collaboration between businesses and local authorities to boost cultural tourism and broaden access to heritage sites.

    Under Beijing’s Central Axis protection plan running from 2022 to 2035, the 15 heritage sites within the 51.3-square-kilometer protected area form a continuous historical sequence. The terraces operate within designated buffer zones, preserving sight lines to monuments while making cultural heritage more accessible to visitors.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Lido Beach and Casam Beach temporarily closed

    Source: Hong Kong Government special administrative region

    Attention TV/radio announcers:

    Please broadcast the following as soon as possible:

         Here is an item of interest to swimmers.

         The Leisure and Cultural Services Department announced today (July 25) that Lido Beach and Casam Beach in Tsuen Wan District are temporarily closed until further notice for maintenance of the shark prevention nets. Red flags have been hoisted at these beaches. Beachgoers are advised not to swim at these beaches.

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Man jailed for life for Newham murder

    Source: United Kingdom London Metropolitan Police

    A man who attacked a stranger on a night out in east London has been given a life sentence.

    Hamza Kamali, 29, will serve a minimum of 25 years in jail after he was found guilty of murdering 38-year-old Saley Beya outside a nightclub in Romford Road E7 in the early hours of Saturday, 10 August 2024.

    Saley’s family said in a statement: “Today marks a significant moment for our family as justice has finally been served in the case of our beloved brother, son, and friend — Saley Beya — who was brutally taken from us in August of last year.

    “We welcome the court’s verdict with a mixture of relief and sorrow. Saley was a kind, generous, and deeply loved young man whose life was full of promise. His absence is felt every single day, and the pain of losing him in such a horrific way is something we will carry with us forever.”

    Detective Superintendent Kelly Allen, Specialist Crime North, said: “Saley’s family and loved ones have endured incredible pain and suffering over this past year as they have tried to come to terms with their terrible loss. I hope they can take some comfort in the fact his killer will be behind bars for a considerable period of time.

    “Kamali’s actions that night were violent and deliberate. He went out armed with a knife – clearly intent on causing harm. We will never know what prompted his interaction with Saley, but it is clear he is a very dangerous individual with little regard for human life and I’m pleased the jury were able to recognise the threat he poses to the public.”

    On the evening of Friday, 9 August Saley and his friends had attended a party in Stratford before deciding to continue their evening at a nightclub, arriving at the Romford Road venue at about 02.30hrs.

    Around an hour later they were all outside when an altercation took place between one of Saley’s friends and a group of men who were known to Kamali. Shortly after, Kamali arrived at the scene and following a brief interaction with the victim the situation escalated into violence and Kamali stabbed Saley in the leg.

    Saley was able to run from the scene, but he was pursued by Kamali who kicked out at him several times as he tried to get away from him. Eventually giving up his pursuit, Kamali returned to Romford Road, before leaving the scene with others.

    Meanwhile Saley had succumbed to his wound and collapsed in the street. Emergency services attended and paramedics attempted to stem the bleeding, but Saley went into cardiac arrest on his way to hospital. He remained in a critical condition for nearly three weeks before sadly dying on 29 August.

    Following the incident, Kamali returned to his home address. After 30 minutes he reappeared from the property wearing different clothes and carrying a full plastic bag which he was then seen to discard. That bag was never recovered.

    After Kamali’s arrest on 16 August a search of his home led to the discovery of a pair of bloodstained trainers – later identified to be his own. He had a noticeable injury to his hand – a wound CCTV had shown him tending to with a tissue in the immediate aftermath of the stabbing. Blood from this injury was also found at the crime scene. It is believed he injured himself with his knife in the course of attacking Saley.

    Kamali (03.04.96), who is of Henniker Road, Stratford was convicted on Tuesday, 22 July of murder and possession of an offensive weapon.

    + Abdi Ulusow, 28 (03.09.96), of Hathaway Crescent E12 and Edson Bernardo, 26 (10.07.99), of Carlton Avenue, Westcliff-on-Sea appeared at the Old Bailey on 3 July where they pleaded guilty to affray and possession of an offensive weapon (machete and pole) in connection with the incident. On Thursday, 24 July both were jailed for two years.

    MIL Security OSI –

  • MIL-OSI Russia: 166 trucks with humanitarian aid entered Gaza overnight – Egyptian source

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    CAIRO, July 25 (Xinhua) — About 166 trucks carrying humanitarian aid entered the Gaza Strip on the night from Wednesday to Thursday, Egyptian Al-Qahira Al-Ikhbariya TV reported, citing an anonymous source in the security forces.

    According to him, trucks carrying humanitarian aid entered the besieged enclave through the Zikim and Kerem Shalom /Kerem Abu Salem/ border crossings.

    The aid shipment included flour, food and medicine, the source said. “Egypt has stepped up its efforts with all international parties to deliver more aid to the Gaza Strip during this period,” he added.

    The humanitarian situation in the Palestinian enclave continues to deteriorate, with Israel cutting off supplies and food to Gaza after the first phase of the ceasefire agreement with Hamas expired in January.

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) warned on Wednesday that hunger in the sector is at its worst ever, with aid workers and those they help exhausted, aid agencies say.

    A new round of indirect talks between Hamas and Israel resumed earlier this month in the Qatari capital Doha amid international efforts to end the conflict and resume humanitarian aid deliveries.

    Since October 2023, the Israeli military campaign has killed more than 59,210 Palestinians in the enclave and injured more than 143,040, according to Gaza’s medical authorities. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: Municipality Finance issues EUR 20 million zero coupon notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    25 July 2025 at 10:00 am (EEST)

    Municipality Finance issues EUR 20 million zero coupon notes under its MTN programme

    Municipality Finance Plc issues EUR 20 million zero coupon notes on 28 July 2025. The maturity date of the notes is 28 July 2065. MuniFin has a right, but no obligation, to redeem the notes early on 28 July 2033.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 28 July 2025.

    Goldman Sachs Bank Europe SE acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

  • MIL-OSI: 39/2025・Trifork Group: Reporting of transactions made by persons discharging managerial responsibilities

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 39 / 2025
    Schindellegi, Switzerland – 25 July 2025

    Reporting of transactions made by persons discharging managerial responsibilities

    Pursuant to the Market Abuse Regulation Article 19, Trifork Group AG (Swiss company registration number CHE-474.101.854) (“Trifork”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Trifork in connection with fixed salaries paid in shares. Reference is made to company announcement no. 1/2025 on 21 January 2025.

    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Jørn Larsen
    2. Reason for the notification
    a) Position/status CEO
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction A share of 25% of the fixed monthly salary is paid out in shares as described in the company announcement no. 1/2025.
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 0 1,142
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 N/A
    e) Date of the transaction 25 July 2025
    f) Place of the transaction Outside a trading venue
    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Kristian Wulf-Andersen
    2. Reason for the notification
    a) Position/status CFO
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction A share of 10% of the fixed monthly salary is paid out in shares as described in the company announcement no. 1/2025.
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 0 304
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 N/A
    e) Date of the transaction 25 July 2025
    f) Place of the transaction Outside a trading venue


    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI Russia: Three days of mourning declared in Amur Region and Khabarovsk Krai due to plane crash

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Vladivostok, July 25 (Xinhua) — A three-day mourning has been declared in Russia’s Amur Region and Khabarovsk Krai over the crash of the An-24 plane, Amur Region Governor Vasily Orlov and Khabarovsk Krai Governor Dmitry Demeshin announced on their Telegram channels on Thursday.

    As V. Orlov wrote, on July 25, 26 and 27, flags will be lowered in all territories of the Amur Region. Also, entertainment events will be cancelled in the region, and a memorial service for the victims of the air crash will be held in all churches of the Blagoveshchensk Diocese.

    According to D. Demeshin, a three-day mourning has been declared in Khabarovsk Krai from July 25 — flags will be lowered throughout the region as a sign of grief. The families of the victims will receive a million rubles each, and they will also be paid for travel to the crash site, he noted.

    On Thursday at about 13:00 local time, contact was lost with the crew of the An-24 of Angara Airlines, which was flying from Khabarovsk to Blagoveshchensk to Tynda. The wreckage of the missing plane was found on a mountain slope 16 km from Tynda. All those on board the plane — 43 passengers and 6 crew members — died. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –