March 1, 2023

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Pathward Financial (NASDAQ: CASH) – Research from Pathward Financial was highlighted in a Forbes article in which VizyPay CEO and founder Austin MacNab highlighted the role of purpose for fintechs. Pathward conducted the survey to benchmark the role of purpose in the fintech industry.

SAB Biotherapeutics (NASDAQ: SABS) – SAB Biotherapeutics co-founder and CEO Eddie Sullivan appeared as a guest of the SiouxFalls.Business CEO Series in February. Sullivan spoke about how the company has navigated going public and responding to the global pandemic.

First Interstate BancSystem (NASDAQ: FIBK) – On Feb. 17, First Interstate BancSystem paid a cash dividend of 47 cents per share to shareholders of record Feb. 7.

The Bancorp (NASDAQ: TBBK) – On Feb. 1, The Bancorp Inc. announced that The Bancorp Bank NA relocated its headquarters to Sioux Falls. Bancorp is now the third-largest bank by asset size domiciled in South Dakota. Parent company The Bancorp Inc. will retain its corporate headquarters in Wilmington, Delaware.

Wells Fargo (NYSE: WFC) – In February, Wells Fargo announced the layoff of more than 500 employees in its mortgage unit. The list included mortgage bankers and home loan consultants. The company is doing this at the same time it is stepping back from the mortgage business and trimming its servicing portfolio.

NorthWestern Energy (NASDAQ: NWE) – On Feb. 21, NorthWestern Energy announced it would pay a cash dividend of 64 cents  March 31 to shareholders of record March 15. The dividend is an increase from the 63 cents the company paid in the prior four quarters. The increase makes it 18 consecutive years that the company has raised its dividend.

CNH Industrial (NYSE: CNHI) – On Feb. 2, CNH Industrial reported fourth quarter earnings for 2022. The company reported earnings per share of 36 cents, which was in line with expectations. On the top line, the company produced $6.94 billion, which was better than expectations for revenue of $6.1 billion.

Citigroup (NYSE: C) – Citigroup issued a cash dividend of 51 cents Feb. 24 to shareholders of record Feb. 6. The company has been paying a dividend for over 25 consecutive years.

McDonald’s (NYSE: MCD) – On Jan. 31, McDonald’s reported fourth quarter earnings for 2022. The fast-food giant beat analysts’ expectations for earnings per share by 13 cents – $2.59 as opposed to the $2.46 expected. The company also beat analysts’ forecasts for revenue by delivering $5.93 billion instead of expectations for $5.75 billion.

Walmart (NYSE: WMT) – On Feb. 21, Walmart issued fourth quarter earnings for 2022. The $1.71 in earnings per share was 20 cents higher than the expectation of $1.51 EPS. The retailer also beat on revenue, posting $1.64 billion, more than the $1.58 billion expected.

Target (NYSE: TGT) – Target is committing to spend $100 million to build six “sortation centers” nationwide. The centers will be built over the next three years as part of the retailer’s continuing efforts to reduce costs while making order delivery more efficient.

Macy’s (NYSE: M) – On Feb. 24, Macy’s announced it would pay a 16.5 cent cash dividend April 3, to shareholders of record March 15. The company will report fourth quarter 2022 earnings March 2.

Amazon (NASDAQ: AMZN) – On Feb. 2, Amazon reported fourth quarter 2022 earnings. The e-commerce giant delivered earnings per share that missed expectations by 12 cents. However, the company did beat revenue expectations by posting $149.2 billion, which was more than the consensus estimate of $145.72.

Costco (NASDAQ: COST) – On Feb. 1, Costco reported net sales of $16.84 billion for the four weeks ending Jan 29. This was an increase of 6.9 percent from the $15.76 billion it reported in the same month in 2022. Costco will report fourth quarter 2022 earnings March 2..

Ford Motor (NYSE: F) – On Feb. 2, Ford Motor reported fourth quarter 2022 earnings. The automaker delivered lower-than-expected earnings per share of 51 cents. Analysts were expecting 60 cents per share. The company did beat on revenue, delivering $41.8 billion instead of the $40.73 billion forecast.

General Motors (NYSE: GM) – On Jan. 31, General Motors delivered its earnings report for the fourth quarter of 2022. GM beat earnings expectations by 44 cents, delivering $2.12 EPS instead of expectations for $1.68 EPS. The automaker also beat revenue expectations. The $43.11 billion outpaced the $40.62 billion that was expected.

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