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Community Financial to buy trust leader ClearPoint in $40M cash deal

Community Financial System (NYSE:CBU) moved to significantly bolster its wealth management business on Thursday, announcing an agreement to acquire ClearPoint Federal Bank & Trust for $40 million in cash.

The deal targets the niche but high-growth "death care" industry, where ClearPoint stands as a national leader in trust administration.

Leia mais: Community Financial to buy trust leader ClearPoint in $40M cash deal
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Technology

Apogee Enterprises lifts dividend 4% to reward shareholders amid strategic shift

Apogee Enterprises (NASDAQ:APOG) announced on Thursday that its Board of Directors has declared a quarterly cash dividend of $0.27 per share, representing a 4% increase from its previous rate of $0.26. The dividend is payable on February 18, 2026, to shareholders of record at the close of business on February 3, 2026.

Leia mais: Apogee Enterprises lifts dividend 4% to reward shareholders amid strategic shift
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Industrials

Insteel earnings surge as infrastructure demand widens profit spreads

Insteel Industries (NYSE:IIIN) reported a sharp increase in first-quarter profitability on Thursday, bolstered by robust demand in infrastructure and commercial construction markets that allowed the company to widen the spread between selling prices and raw material costs.

Leia mais: Insteel earnings surge as infrastructure demand widens profit spreads