Author: Ravi Shankar

CORYDON, Ind., Oct. 23, 2026 (GLOBE NEWSWIRE) — First Capital, Inc. (the “Company”) (NASDAQ: FCAP), the holding company for First Harrison Bank (the “Bank”), today reported net income of $5.1 million, or $1.53 per diluted share, for the quarter ended September 30, 2026, compared to net income of $4.5 million, or $1.34 per diluted share, for the quarter ended September 30, 2025.

Results of Operations for the Three Months Ended September 30, 2026 and 2025

Net interest income after provision for credit losses increased $1.3 million for the quarter ended September 30, 2026 compared to the same period in 2025. Interest income increased $1.4 million when comparing the two periods due to an increase in the average tax-equivalent yield⁽¹⁾ on interest-earning assets from 4.94% for the third quarter of 2025 to 5.23% for the same period in 2026, in addition to an increase in the average balance of interest-earning assets from $1.20 billion for the third quarter of 2025 to $1.25 billion for the same period in 2026. Interest expense decreased $119,000 when comparing the periods as the average cost of interest-bearing liabilities decreased from 1.66% for the quarter ended September 30, 2025 to 1.57% for the same period in 2026 while the average balance of interest-bearing liabilities increased from $891.3 million for the quarter ended September 30, 2025 to $911.5 million for the same period in 2026. As a result of the changes in interest-earning assets and interest-bearing liabilities, the tax-equivalent net interest margin⁽¹⁾ increased from 3.71% for the quarter ended September 30, 2025 to 4.08% for the same period in 2026. Refer to the accompanying average balance sheet for more information regarding changes in the composition of the Company’s balance sheet and resulting yields and costs from the quarter ended September 30, 2025 to the quarter ended September 30, 2026.

Based on management’s analysis of the Allowance for Credit Losses (“ACL”) on loans and unfunded loan commitments, the provision for credit losses increased from $150,000 for the quarter ended September 30, 2025 to $355,000 for the quarter ended September 30, 2026.   The Bank recognized net charge-offs of $123,000 and $17,000 for the quarters ended September 30, 2026 and 2025, respectively.

Noninterest income decreased $14,000 for the quarter ended September 30, 2026 as compared to the quarter ended September 30, 2025. The decrease is primarily due to the Company recognizing a $9,000 loss on equity securities during the quarter ended September 30, 2026 compared to a gain of $150,000 during the same period in 2025.   That decrease was partially offset by the Company recognizing increases of $92,000 and $57,000 in other income and service charges on deposit accounts, respectively, when comparing the two periods.   The increase in other income was primarily due to the Company recognizing $48,000 and $45,000 in income from its technology investment fund and its renewable energy tax credit investment, respectively, during the quarter.  

Noninterest expenses increased $545,000 for the quarter ended September 30, 2026 as compared to the same period in 2025. This was primarily due to increases in compensation and benefits and other expenses of $585,000 and $75,000, respectively, when comparing the two periods.   The increase in compensation and benefits is due to increases in salary and wages associated with annual cost of living and performance related adjustments as well as increases in the cost of Company-provided health insurance benefits. The increase in other expenses was primarily due to general inflationary pressures and routine pricing increases rather than any specific item. These increases were partially offset by a $148,000 decrease in occupancy and equipment expenses when comparing the two periods. Occupancy and equipment expenses were elevated during the third quarter of 2025 due to disposal losses associated with two of the Bank’s branches, the upgrade of the Company’s call center system, and the demolition of one of the Bank’s branches. None of these were present during the third quarter of 2026.

Income tax expense increased $164,000 for the quarter ended September 30, 2026 as compared to the same period in 2025 resulting in an effective tax rate of 19.4% for the quarter ended September 30, 2026, compared to 19.2% for the same period in 2025.

Results of Operations for the Nine Months Ended September 30, 2026 and 2025

For the nine months ended September 30, 2026, the Company reported net income of $14.2 million, or $4.25 per diluted share, compared to net income of $11.5 million, or $3.43 per diluted share, for the same period in 2025.

Net interest income after provision for credit losses increased $4.7 million for the nine months ended September 30, 2026 compared to the same period in 2025. Interest income increased $4.6 million when comparing the two periods due to an increase in the average tax-equivalent yield⁽¹⁾ on interest-earning assets from 4.80% for the nine months ended September 30, 2025 to 5.10% for the same period in 2026, in addition to an increase in the average balance of interest-earning assets from $1.19 billion for the nine months ended September 30, 2025 to $1.24 billion for the same period in 2026. Interest expense decreased $471,000 when comparing the periods as the average cost of interest-bearing liabilities decreased from 1.67% for the nine months ended September 30, 2025 to 1.56% for the same period in 2026 while the average balance of interest-bearing liabilities increased from $886.0 million for the nine months ended September 30, 2025 to $906.8 million for the same period in 2026. As a result of the changes in interest-earning assets and interest-bearing liabilities, the tax-equivalent net interest margin⁽¹⁾ increased from 3.55% for the nine months ended September 30, 2025 to 3.96% for the same period in 2026. Refer to the accompanying average balance sheet for more information regarding changes in the composition of the Company’s balance sheet and resulting yields and costs from the nine months ended September 30, 2025 to the nine months ended September 30, 2026.

Based on management’s analysis of the ACL on loans and unfunded loan commitments, the provision for credit losses increased from $794,000 for the nine months ended September 30, 2025 to $1.1 million for the nine months ended September 30, 2026. The Bank recognized net charge-offs of $292,000 and $214,000 for the nine months ended September 30, 2026 and 2025, respectively.

Noninterest income increased $373,000 for the nine months ended September 30, 2026 as compared to the nine months ended September 30, 2025. The increase is primarily due to the Company recognizing a $261,000 gain on equity securities during the nine months ended September 30, 2026 compared to a gain of $127,000 during the same period in 2025. In addition, the Company recognized increases of $110,000, $70,000 and $50,000 in service charges on deposit accounts, other income and ATM and debit card fee income, respectively, when comparing the two periods.   The increase in other income was primarily due to the Company recognizing a $47,000 increase in income from its renewable energy tax credit investment during the nine months ended September 30, 2026, in addition to $48,000 of income from its technology investment fund during the nine months ended September 30, 2026 that the Company did not receive during the same period in 2025. These were partially offset by the Company recognizing a $47,000 gain on the redemption of a bank-owned life insurance policy during the nine months ended September 30, 2025, and no such redemption occurred during the same period in 2026.  

Noninterest expenses increased $1.5 million for the nine months ended September 30, 2026 as compared to the same period in 2025. This was primarily due to increases in compensation and benefits, other expenses, professional services, and advertising expenses of $1.1 million, $253,000, $132,000 and $92,000, respectively, when comparing the two periods. The increase in compensation and benefits is due to increases in salary and wages associated with annual cost of living and performance related adjustments as well as increases in the cost of Company-provided health insurance benefits. The increase in other expenses is primarily due to a $70,000 increase in consumer fraud losses and general inflationary pressures and routine pricing increases during the nine months ended September 30, 2026 as compared to the same period in 2025.   The increase in professional services is due to increased consulting fees. The increase in advertising expenses is related to various new marketing campaigns undertaken during the nine months ended September 30, 2026 as compared to the same period in 2025. These increases were partially offset by a decrease in occupancy and equipment expenses of $110,000 due to a reduction in building maintenance expenses.

Income tax expense increased $919,000 for the nine months ended September 30, 2026 as compared to the same period in 2025 resulting in an effective tax rate of 19.8% for the nine months ended September 30, 2026, compared to 18.4% for the same period in 2025. The increase in the Company’s effective tax rate for the nine months ended September 30, 2026 reflects a higher proportion of net income being subject to taxation compared to the same period last year.

Comparison of Financial Condition at September 30, 2026 and December 31, 2025

Total assets were $1.27 billion at September 30, 2026 and December 31, 2025. Net loans receivable and other assets increased $20.9 million and $2.2 million, respectively, from December 31, 2025 to September 30, 2026. These increases were partially offset by a decrease of $22.5 million in available for sale securities when comparing the two periods. Deposits increased $6.4 million from $1.12 billion at December 31, 2025 to $1.13 billion at September 30, 2026. Nonperforming assets (consisting of nonaccrual loans, accruing loans 90 days or more past due, and foreclosed real estate) increased from $4.4 million at December 31, 2025 to $5.5 million at September 30, 2026. The increase was primarily due to the nonaccrual classification of a non-owner occupied commercial real estate loan.

The Bank currently has 17 offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, New Albany, New Salisbury, Jeffersonville, Salem, Lanesville and Charlestown and the Kentucky communities of Shepherdsville, Mt. Washington and Lebanon Junction.

Access to First Harrison Bank accounts, including online banking and electronic bill payments, is available through the Bank’s website at www.firstharrison.com. For more information and financial data about the Company, please visit Investor Relations at the Bank’s aforementioned website. The Bank can also be followed on Facebook.

(1) Reconciliations of the non–U.S. Generally Accepted Accounting Principles (“GAAP”) measures are set forth at the end of this press release.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of the words “anticipate,” “believe,” “expect,” “intend,” “could” and “should,” and other words of similar meaning. Forward-looking statements are not historical facts nor guarantees of future performance; rather, they are statements based on the Company’s current beliefs, assumptions, and expectations regarding its business strategies and their intended results and its future performance.

Numerous risks and uncertainties could cause or contribute to the Company’s actual results, performance and achievements to be materially different from those expressed or implied by these forward-looking statements. Factors that may cause or contribute to these differences include, without limitation, general economic conditions, including changes in market interest rates and changes in monetary and fiscal policies of the federal government; competition; the ability of the Company to execute its business plan; legislative and regulatory changes; the quality and composition of the loan and investment portfolios; loan demand; deposit flows; changes in accounting principles and guidelines; and other factors disclosed periodically in the Company’s filings with the Securities and Exchange Commission.

Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this press release, the Company’s reports, or made elsewhere from time to time by the Company or on its behalf. These forward-looking statements are made only as of the date of this press release, and the Company assumes no obligation to update any forward-looking statements after the date of this press release.

Contact:
Joshua P. Stevens
Chief Financial Officer
812-738-1570

FIRST CAPITAL, INC. AND SUBSIDIARIES Consolidated Financial Highlights (Unaudited)
		Three Months Ended								Nine Months Ended
		September 30,								September 30,
OPERATING DATA		2026				2025				2026				2025
(Dollars in thousands, except per share data)
Total interest income		$	16,093			$	14,658			$	46,639			$	42,044
Total interest expense			3,583				3,702				10,624				11,095
Net interest income			12,510				10,956				36,015				30,949
Provision for credit losses			355				150				1,130				794
Net interest income after provision for credit losses			12,155				10,806				34,885				30,155
Total non-interest income			2,292				2,306				6,545				6,172
Total non-interest expense			8,109				7,564				23,715				22,239
Income before income taxes			6,338				5,548				17,715				14,088
Income tax expense			1,231				1,067				3,510				2,591
Net income			5,107				4,481				14,205				11,497
Less net income attributable to the noncontrolling interest			3				3				9				9
Net income attributable to First Capital, Inc.		$	5,104			$	4,478			$	14,196			$	11,488
Net income per share attributable to
First Capital, Inc. common shareholders:
Basic		$	1.53			$	1.34			$	4.25			$	3.43
Diluted		$	1.53			$	1.34			$	4.25			$	3.43
Weighted average common shares outstanding:
Basic			3,337,650				3,348,618				3,336,644				3,347,380
Diluted			3,340,438				3,350,008				3,339,574				3,349,321
OTHER FINANCIAL DATA
Cash dividends per share		$	0.32			$	0.31			$	0.94			$	0.89
Return on average assets (annualized)			1.59	%			1.45	%			1.48	%			1.26	%
Return on average equity (annualized)			14.40	%			14.29	%			13.45	%			12.70	%
Net interest margin			4.01	%			3.64	%			3.89	%			3.48	%
Net interest margin (tax-equivalent basis) (1)			4.08	%			3.71	%			3.96	%			3.55	%
Interest rate spread			3.59	%			3.21	%			3.47	%			3.06	%
Interest rate spread (tax-equivalent basis) (1)			3.66	%			3.28	%			3.54	%			3.13	%
Net overhead expense as a percentage of average assets (annualized)			2.52	%			2.44	%			2.47	%			2.44	%

		September 30,				December 31,
BALANCE SHEET INFORMATION		2026				2025
Cash and cash equivalents		$	139,019			$	137,288
Interest-bearing time deposits			1,225				1,470
Investment securities			401,694				424,190
Gross loans			685,897				664,208
Allowance for credit losses			10,946				10,108
Earning assets			1,196,895				1,193,475
Total assets			1,274,835				1,271,995
Deposits			1,129,397				1,122,990
Stockholders’ equity, net of noncontrolling interest			135,712				137,797
Allowance for credit losses as a percentage of gross loans			1.60	%			1.52	%
Non-performing assets:
Nonaccrual loans			5,434				4,268
Accruing loans past due 90 days			32				83
Foreclosed real estate			—				—
Regulatory capital ratios (Bank only):
Community Bank Leverage Ratio (2)			11.47	%			11.01	%

(1)	See reconciliation of GAAP and non-GAAP financial measures for additional information relating to the calculation of this item.
(2)	Effective March 31, 2020, the Bank opted in to the Community Bank Leverage Ratio (CBLR) framework. As such, the other regulatory ratios are no longer provided.

FIRST CAPITAL, INC. AND SUBSIDIARIES Consolidated Average Balance Sheets (Unaudited)
		For the Three Months ended September 30,
		2026										2025
									Average										Average
		Average							Yield/			Average							Yield/
		Balance			Interest				Cost			Balance			Interest				Cost
(Dollars in thousands)
Interest earning assets:
Loans (1) (2):
Taxable		$	667,206		$	10,888			6.53	%		$	640,178		$	10,323			6.45	%
Tax-exempt (3)			13,570			201			5.92	%			10,328			109			4.22	%
Total loans			680,776			11,089			6.52	%			650,506			10,432			6.41	%
Investment securities:
Taxable (4)			320,001			3,119			3.90	%			318,628			2,282			2.86	%
Tax-exempt (3)			119,596			918			3.07	%			118,840			866			2.91	%
Total investment securities			439,597			4,037			3.67	%			437,468			3,148			2.88	%
Interest bearing deposits with banks (5)			128,032			1,202			3.76	%			115,623			1,283			4.44	%
Total interest earning assets			1,248,405			16,328			5.23	%			1,203,597			14,863			4.94	%
Non-interest earning assets			37,841										33,930
Total assets		$	1,286,246									$	1,237,527
Interest bearing liabilities:
Interest-bearing demand deposits		$	447,010		$	1,231			1.10	%		$	437,040		$	1,318			1.21	%
Savings accounts			221,400			100			0.18	%			227,997			154			0.27	%
Time deposits			243,061			2,252			3.71	%			226,309			2,230			3.94	%
Total deposits			911,471			3,583			1.57	%			891,346			3,702			1.66	%
Total interest bearing liabilities			911,471			3,583			1.57	%			891,346			3,702			1.66	%
Non-interest bearing liabilities
Non-interest bearing deposits			221,376										211,573
Other liabilities			11,599										9,236
Total liabilities			1,144,446										1,112,155
Stockholders’ equity (6)			141,800										125,372
Total liabilities and stockholders’ equity		$	1,286,246									$	1,237,527
Net interest income (tax-equivalent basis)					$	12,745									$	11,161
Less: tax equivalent adjustment						(235	)									(205	)
Net interest income					$	12,510									$	10,956
Interest rate spread									3.59	%									3.21	%
Interest rate spread (tax-equivalent basis) (7)									3.66	%									3.28	%
Net interest margin									4.01	%									3.64	%
Net interest margin (tax-equivalent basis) (7)									4.08	%									3.71	%
Ratio of average interest earning assets to average interest bearing liabilities									136.97	%									135.03	%

(1)	Interest income on loans includes fee income of $249,000 and $202,000 for the three months ended September 30, 2026 and 2025, respectively.
(2)	Average loan balances include loans held for sale and nonperforming loans.
(3)	Tax-exempt income has been adjusted to a tax-equivalent basis using the federal marginal tax rate of 21%.
(4)	Includes taxable debt and equity securities and FHLB Stock.
(5)	Includes interest-bearing deposits with banks and interest-bearing time deposits.
(6)	Stockholders’ equity attributable to First Capital, Inc.
(7)	Reconciliations of the non–U.S. GAAP measures are set forth at the end of this press release.

  

FIRST CAPITAL, INC. AND SUBSIDIARIES Consolidated Average Balance Sheets (Unaudited)
		For the Nine Months ended September 30,
		2026										2025
									Average										Average
		Average							Yield/			Average							Yield/
		Balance			Interest				Cost			Balance			Interest				Cost
(Dollars in thousands)
Interest earning assets:
Loans (1) (2):
Taxable		$	662,999		$	31,918			6.42	%		$	638,950		$	30,172			6.30	%
Tax-exempt (3)			12,209			486			5.31	%			10,632			337			4.23	%
Total loans			675,208			32,404			6.40	%			649,582			30,509			6.26	%
Investment securities:
Taxable (4)			316,818			8,745			3.68	%			312,409			6,146			2.62	%
Tax-exempt (3)			119,262			2,710			3.03	%			118,714			2,529			2.84	%
Total investment securities			436,080			11,455			3.50	%			431,123			8,675			2.68	%
Interest bearing deposits with banks (5)			124,446			3,451			3.70	%			104,396			3,462			4.42	%
Total interest earning assets			1,235,734			47,310			5.10	%			1,185,101			42,646			4.80	%
Non-interest earning assets			41,886										32,472
Total assets		$	1,277,620									$	1,217,573
Interest bearing liabilities:
Interest-bearing demand deposits		$	442,237		$	3,598			1.08	%		$	438,971		$	4,061			1.23	%
Savings accounts			222,794			299			0.18	%			227,231			482			0.28	%
Time deposits			241,734			6,727			3.71	%			219,751			6,552			3.98	%
Total deposits			906,765			10,624			1.56	%			885,953			11,095			1.67	%
Total interest bearing liabilities			906,765			10,624			1.56	%			885,953			11,095			1.67	%
Non-interest bearing liabilities
Non-interest bearing deposits			217,893										202,719
Other liabilities			12,266										8,287
Total liabilities			1,136,924										1,096,959
Stockholders’ equity (6)			140,696										120,614
Total liabilities and stockholders’ equity		$	1,277,620									$	1,217,573
Net interest income (tax-equivalent basis)					$	36,686									$	31,551
Less: tax equivalent adjustment						(671	)									(602	)
Net interest income					$	36,015									$	30,949
Interest rate spread									3.47	%									3.06	%
Interest rate spread (tax-equivalent basis) (7)									3.54	%									3.13	%
Net interest margin									3.89	%									3.48	%
Net interest margin (tax-equivalent basis) (7)									3.96	%									3.55	%
Ratio of average interest earning assets to average interest bearing liabilities									136.28	%									133.77	%

(1)	Interest income on loans includes fee income of $668,000 and $599,000 for the nine months ended September 30, 2026 and 2025, respectively.
(2)	Average loan balances include loans held for sale and nonperforming loans.
(3)	Tax-exempt income has been adjusted to a tax-equivalent basis using the federal marginal tax rate of 21%.
(4)	Includes taxable debt and equity securities and FHLB Stock.
(5)	Includes interest-bearing deposits with banks and interest-bearing time deposits.
(6)	Stockholders’ equity attributable to First Capital, Inc.
(7)	Reconciliations of the non–U.S. GAAP measures are set forth at the end of this press release.

RECONCILIATION OF GAAP AND NON-GAAP FINANCIAL MEASURES (UNAUDITED):

This presentation contains financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Management uses these “non-GAAP” measures in its analysis of the Company’s performance. Management believes that these non-GAAP financial measures allow for better comparability with prior periods, as well as with peers in the industry who provide a similar presentation, and provide a further understanding of the Company’s ongoing operations. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. The following table summarizes the non-GAAP financial measures derived from amounts reported in the Company’s consolidated financial statements and reconciles those non-GAAP financial measures with the comparable GAAP financial measures.

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2026				2025				2026				2025
(Dollars in thousands)
Net interest income (A)		$	12,510			$	10,956			$	36,015			$	30,949
Add: Tax-equivalent adjustment			235				205				671				602
Tax-equivalent net interest income (B)			12,745				11,161				36,686				31,551
Average interest earning assets (C)			1,248,405				1,203,597				1,235,734				1,185,101
Net interest margin (A)/(C)			4.01	%			3.64	%			3.89	%			3.48	%
Net interest margin (tax-equivalent basis) (B)/(C)			4.08	%			3.71	%			3.96	%			3.55	%
Total interest income (D)		$	16,093			$	14,658			$	46,639			$	42,044
Add: Tax-equivalent adjustment			235				205				671				602
Total interest income tax-equivalent basis (E)			16,328				14,863				47,310				42,646
Average interest earning assets (F)			1,248,405				1,203,597				1,235,734				1,185,101
Average yield on interest earning assets (D)/(F); (G)			5.16	%			4.87	%			5.03	%			4.73	%
Average yield on interest earning assets tax-equivalent (E)/(F); (H)			5.23	%			4.94	%			5.10	%			4.80	%
Average cost of interest bearing liabilities (I)			1.57	%			1.66	%			1.56	%			1.67	%
Interest rate spread (G)-(I)			3.59	%			3.21	%			3.47	%			3.06	%
Interest rate spread tax-equivalent (H)-(I)			3.66	%			3.28	%			3.54	%			3.13	%

Vancouver, British Columbia, Oct. 23, 2026 (GLOBE NEWSWIRE) — Rocket Doctor AI Inc. (CSE: AIDR, OTC: AIRDF, Frankfurt: 939) (“Rocket Doctor AI” or the “Company”) announces that it has granted an aggregate 3,143 stock options, exercisable at $0.70 per share and valid for a term of three years, and an aggregate 239,000 restricted share units, valid for a term between three to five years, to an officer of the Company and to consultants and employees of the Company’s subsidiary.  The stock options and restricted share units are issued pursuant to the Company’s share compensation plans and all restricted share units and stock options are subject to vesting over up to one year. All securities are subject to a hold period of four months and one day in accordance with applicable securities laws and policies of the Canadian Securities Exchange.

About Rocket Doctor AI Inc.

Rocket Doctor AI Inc. delivers physician-built, AI-powered solutions designed to make high-quality healthcare accessible throughout the entire patient journey. A cornerstone of the company’s proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians worldwide.

Alongside the GLM is Rocket Doctor Inc, and its AI-powered digital health platform and marketplace. Having helped empower over 350 MDs to provide care to more than 800,000 patient visits, our proprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices – improving efficiency, restoring autonomy to MDs, and expanding patient access to care.

By reducing administrative burdens and ensuring greater consistency in care, our technology creates more time for meaningful physician-patient interactions. We are committed to reaching underserved, rural, and remote communities in Canada who often lack access to family doctors and supporting patients on Medicaid and Medicare in the United States. With advanced AI, large language models, and connected medical devices, Rocket Doctor AI is redefining modern healthcare – making it more scalable, equitable, and patient-centered.

To learn more about Rocket Doctor AI Inc’s products and services, contact:

www.rocketdoctor.ai  or email: info@rocketdoctor.ai

FOR ADDITIONAL INFORMATION, CONTACT:

Dr. Essam Hamza, CEO, Rocket Doctor AI
essam.hamza@rocketdoctor.ai

Dr. Bill Cherniak, CEO, Rocket Doctor Inc.
bill@rocketdoctor.io

For media inquiries, contact: media@rocketdoctor.ai
Call: +1 (778) 819 8321

Cautionary Statements

This news release contains forward-looking statements relating to the future operations of Rocket Doctor AI Inc. and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the granting of stock options and restricted share units to consultants, the terms and vesting conditions of such stock options and restricted share units, and future plans and objectives of Rocket Doctor AI Inc., are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Rocket Doctor AI Inc.’s expectations include the risk that the stock options or restricted share units may not vest on the anticipated terms, risks related to the Company’s share compensation plan, and other risks detailed from time to time in the filings made by Rocket Doctor AI Inc. with securities regulators.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Rocket Doctor AI Inc. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Rocket Doctor AI Inc. will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law.

GREENWICH, Conn., Oct. 23, 2026 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQG) (NasdaqGS: OXSQH) announced today that it will hold a conference call to discuss third quarter 2026 earnings on Friday, October 30, 2026 at 9:00 AM Eastern time. The toll free dial-in number is 1-800-715-9871, access code number 5885175. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-800-770-2030. The replay pass-code is 5885175#.

About Oxford Square Capital Corp.
Oxford Square Capital Corp. is a publicly-traded business development company principally investing in syndicated bank loans and, to a lesser extent, debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.

Contact:
Bruce Rubin
203-983-5280

HOUSTON, Oct. 23, 2026 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2026 third quarter results on Wednesday, November 4, 2026, after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live via webcast on Thursday, November 5, 2026, at 8:00 a.m. Central Time.

What:	Carriage Services Third Quarter 2026 Earnings Conference Call
When:	Thursday, November 5, 2026 – 8:00 a.m. Central Time
How:	Live via phone – By dialing 800-330-6710 (Conference ID 2130035) or live via webcast link Click to Join.

An audio archive of the call will be available on demand via the Company’s website at www.carriageservices.com.

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 155 funeral homes in 24 states and 28 cemeteries in 9 states as of September 30, 2026.   It is dedicated to delivering premier experiences through innovation, partnership, and elevated service.

For more information, please email InvestorRelations@carriageservices.com.

Company is Highlighting Strategic Focus on U.S. Opportunities, Balance Sheet Improvement, and Management Commitment

TAICHUNG, Taiwan and HOUSTON, Oct. 23, 2026 (GLOBE NEWSWIRE) — J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), an innovator in advanced composite manufacturing, today announced it has filed its unaudited interim financial results for the six months ended June 30, 2026, on Form 6-K with the U.S. Securities and Exchange Commission.

Backed by a robust operating heritage spanning over 50 years and guided by leadership with three decades of hands-on global industrial experience across the globe, J-Star has consistently navigated global industrial evolutions through an unyielding commitment to execution and core operations. Building upon this foundation of discipline, J-Star executed a deliberate and strategic pivot during the first half of 2026; whereby we proactively exited from high-risk outsourced production in China to focus our business on new opportunities in the United States.

Financial and Operational Highlights for the Six Months Ended June 30, 2026

For the six months ended June 30, 2026, the Company reported operating revenue of $6.8 million, compared to $10.6 million in the prior-year period, and an improvement in total equity from a negative $6.8 million at the close of December 2025 to a positive $2.8 million as of June 30, 2026, completely wiping out the prior year’s deficit to leave the Company in a nearly debt-free position. The year-over-year revenue decline was largely an intentional and strategic decision designed to eliminate legacy original equipment manufacturing business in China and pivot resources toward U.S. manufacturing operations for commercial and defense unmanned aerial systems.

During this period, the Company made significant improvement to its balance sheet. J-Star executed on a debt to equity conversion by eliminating an $8.2 million related-party loan into Class A ordinary shares as well as the irrevocable cancellation of shareholder debt by the Chief Executive Officer, Jing-Bin Chiang. At the period ending June 30, 2026, the company has essentially eliminated most of its debt outstanding.

Total equity also rebounded from a negative $6.8 million at December 31, 2025 to a positive $2.8 million as of June 30, 2026. By completely eliminating prior year’s deficit, J-Star is now in a position of strength as the Company navigates 2026.

For the six months ended June 30, 2026, the Company recorded $1.1 million in share-based compensation. This is crucial in attracting top-tier engineering talent as well as management’s commitment to align with its shareholders as the Company executes its strategic business plan in the U.S.

The Company also recorded professional service expenses of $372,000, reflecting expenses related to SEC and Nasdaq compliance. These strategic investments in talent alignment and U.S. regulatory readiness largely accounted for our operating expenses during this transitional period, underscoring management’s commitment to our long-term growth and corporate governance as we execute our strategic business plan in the United States.

Management Commentary & Expression of Gratitude

Mr. Jing-Bin Chiang, the Chairman of the Board of Directors and Chief Executive Officer of J-Star, commented:

“The decline in revenue for the first half of 2026 was entirely an intentional and strategic decision. We decisively eliminated our risk exposure by exiting our outsourced production and legacy assets in China in order to focus on attractive opportunities in the U.S. through a series of strategic partnership and investments. While pivoting on our operations, we also executed a plan to strengthen the balance sheet by converting millions in loans to equity, providing a solid footing as we execute on that strategic plan.”

“I want to express my deepest appreciation to our entire team for their dedication and commitment to the Company,” continued Mr. Chiang. “With the improvement in our balance sheet, we are well positioned to move forward in our strategic plan and execution in advancing our U.S. drone manufacturing operations.”

About J-Star Holding Co., Ltd.

J-Star Holding Co., Ltd. is a global manufacturer of carbon fiber and composite material products, with a legacy in high-performance cycling components and a growing portfolio of applications across healthcare, automotive, and other advanced materials markets. For more information, visit j-starholding.com.

Backed by a 50-year legacy of industrial excellence, J-Star Holding Co., Ltd. (Nasdaq: YMAT) develops and commercializes cutting-edge technology in carbon reinforcement and resin systems. Headquartered in Taichung, Taiwan, with IP technology developed to facilitate its expansion into United States, J-Star is dedicated to delivering high-performance composite solutions for next-generation mobility, sports, and defense applications.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s capital markets strategy, its U.S. expansion plans, and its evaluation of opportunities in aerospace and defense-adjacent markets. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F and its registration statement on Form F-3, as amended. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

Contact

Matt Chesler, CFA
FNK IR
646-809-2183
investor@j-starholding.com

ATLANTA, Oct. 23, 2026 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its fourth quarter and full year ended September 30, 2026, after U.S. markets close on Wednesday, November 4, 2026. On Thursday, November 5, 2026, at 11:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company’s website www.muellerwaterproducts.com. An archive of the webcast will be available for approximately 90 days following the call.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. Our broad portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software that provides critical water system data. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure^®. Visit us at www.muellerwaterproducts.com.

Mueller refers to one or more of Mueller Water Products, Inc. (MWP), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other. 

Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com

Media Contact: Jenny Barabas
470-806-5771
jbarabas@muellerwp.com

UNIONDALE, N.Y., Oct. 23, 2026 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release third quarter 2026 financial results before the market opens on Friday, October 30, 2026. The Company will host a conference call to review the results at 10:00 a.m. Eastern Time on October 30, 2026.

A live webcast and replay of the conference call will be available at www.arbor.com in the investor relations section of the Company’s website. Those without web access should access the call telephonically at least ten minutes prior to the conference call. The dial-in numbers are (833) 419-0865 for domestic callers and (785) 838-9333 for international callers. Please use participant passcode ABRQ326 when prompted by the operator.

A telephonic replay of the call will be available until November 6, 2026. The replay dial-in numbers are (800) 839-2435 for domestic callers and (402) 220-7212 for international callers.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, and other diverse commercial real estate assets. Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a leading Fannie Mae DUS® lender, Freddie Mac Optigo® Seller/Servicer, and an approved FHA Multifamily Accelerated Processing (MAP) lender. Arbor’s product platform also includes bridge, CMBS, mezzanine, and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality, and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.

Contact:
Arbor Realty Trust, Inc.
Investor Relations
516-506-4200
InvestorRelations@arbor.com

HONG KONG, Oct. 23, 2026 (GLOBE NEWSWIRE) — 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3e Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, today announced that the Company’s board of directors approved on October 10, 2026 that the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) and Class B ordinary shares (the “Class B Ordinary Shares”) be consolidated on a 2 for 1 ratio with the marketplace effective date of October 30, 2026.

Beginning with the opening of trading on October 30, 2026, the Company’s Class A Ordinary Shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “MASK” but under a new CUSIP Number, G8849D136.

As a result of the share consolidation, each two (2) ordinary shares outstanding will automatically combine and convert to one (1) issued and outstanding ordinary share without any action on the part of the shareholders. No fractional shares will be issued to any shareholders in connection with the share consolidation, and any fractional shares which would have resulted from the share consolidation will be rounded up to the next whole number.

At the time the share consolidation is effective, the Company’s authorized share capital will be changed from US$375,000 divided into: (i) 100,000,000 Class A Ordinary Shares of par value of US$0.0025 each, and (ii) 50,000,000 Class B Ordinary Shares of par value of US$0.0025 each, to US$375,000 divided into: (i) 50,000,000 Class A Ordinary Shares with a par value of US$0.005 each, and (ii) 25,000,000 Class B Ordinary Shares with a par value of US$0.005 each. The Company’s total issued and outstanding Class A Ordinary Shares will be changed from 5,230,209 Class A Ordinary Shares with a par value of US$0.0025 each to approximately 2,615,105 Class A Ordinary Shares with a par value of US$0.005 each. The Company’s total issued and outstanding Class B Ordinary Shares will be changed from 23,200 Class B Ordinary Shares with a par value of US$0.0025 each to approximately 11,600 Class B Ordinary Shares with a par value of US$0.005 each.

About 3 E Network Technology Group Limited

3 E Network Technology Group Limited is a business-to-business (“B2B”) information technology (“IT”) business solutions provider, committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider. It upholds the industry consensus of “AI and energy symbiosis” and has excellent vision in the field of energy investment. The Company’s business comprises two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company’s website at https://3emask.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

3 E Network Technology Group Limited
Investor Relations Department
Email: ird@3emask.com
Website: https://3emask.com/

NEW YORK, Oct. 23, 2026 (GLOBE NEWSWIRE) — Strata Critical Medical. (Nasdaq: SRTA, “Strata” or the “Company”), will release financial results for the third quarter ended September 30, 2026 on Tuesday, November 3, 2026 before the market opens. The company will hold a conference call on the same day at 8:00 am Eastern Time to discuss the results. The call will be hosted by Melissa Tomkiel, Strata’s Co-Chief Executive Officer and General Counsel, and Will Heyburn, Strata’s Co-Chief Executive Officer and Chief Financial Officer, and will include a question-and-answer session for call participants.

To join the live call, please register here. Upon registration, a dial-in and unique PIN will be provided to join the call.

An audio-only webcast of the call may be accessed from the Investors section of the Company’s website at https://ir.stratacritical.com/ or by registering at the link here. A replay of the webcast will be available for one year.

About Strata Critical Medical, Inc.

Strata is a time-critical logistics and medical services provider to the U.S. healthcare industry. We operate one of the nation’s largest air transport and surgical services networks for transplant hospitals and organ procurement organizations, offering an integrated “one call” solution for donor organ recovery.

Strata’s core services include air and ground logistics, surgical organ recovery, organ placement and normothermic regional perfusion for the transplant industry, as well as perfusion staffing and equipment solutions for cardiovascular surgery centers, offered under the Trinity Medical Solutions and Keystone Perfusion brands.

For more information, visit www.srta.com.

Contacts

Mathew Schneider
investors@srta.com

54 Years of Dividend Increases

ISELIN, N.J., Oct. 23, 2026 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.38 per share on its common stock, a 5.56% increase from the $0.36 per share dividend last declared in July 2026.

This increase raises the annual dividend rate to $1.52 from $1.44 per share of common stock and marks Middlesex Water Company’s (“Middlesex”) 54th consecutive year of dividend increases. The dividend at the new rate is payable December 1, 2026, to shareholders of record as of November 16, 2026. Middlesex has paid cash dividends in varying amounts each year since 1912.

About Middlesex Water Company

Middlesex Water Company (“Middlesex”) is one of the nation’s premier investor-owned water and wastewater utilities. Established in 1897, Middlesex is a trusted provider of life-sustaining services to more than half a million people in New Jersey and Delaware. The company focuses on employee engagement, operational excellence, superior customer experience, investment in infrastructure, and selective and sustainable growth to deliver value to our customers, investors, and the communities we serve.

Media Relations:
Rebecca Stenholm
Vice President, Communications and Corporate Affairs
rstenholm@middlesexwater.com
(908) 565-2491

Investor Relations:
Jennifer Ketschke
Director, Investor Relations and Treasury
InvestorRelations@middlesexwater.com
(732) 638-7523