EBON

GROVER, N.C., Aug. 14, 2026 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON) (the “Company,” “we,” “us” or “our”), today announced its unaudited financial results for the first half of fiscal year 2026. Operational and Financial Highlights for the Six Months Ended June 30, 2026 Total net revenues reached approximately US$3.92 million for the first half of 2026, representing a 9.54% increase compared to approximately US$3.58 million in the same period of 2025. Gross profit improved to approximately US$0.73 million for the first half of 2026, compared to a gross loss of approximately US$0.65 million in the prior-year period. Net loss was approximately US$5.54 million for the first half of 2026, compared to approximately US$4.50 million in the prior-year period. “In the first half of fiscal year 2026, amid the accelerating global energy transition and continued investment in digital infrastructure, we remained focused on advancing our diversified growth strategy and capturing new opportunities in the energy, electric power equipment, and digital infrastructure sectors. During this period, our total revenue increased year over year, and we achieved meaningful progress in our renewable energy and related businesses initiative, laying a solid foundation for further business expansion and strengthening our long-term competitiveness,” said Mr. Dong Hu, Chairman and Chief Executive Officer of the Company. Mr. Hu continued, “With the acceleration of global electrification, ongoing power grid upgrades, and surging demand for high-reliability power solutions—particularly from new computing infrastructure such as AI data centers—we are expanding our presence in advanced soft magnetic materials, electric power equipment, energy storage systems, and digital energy infrastructure. Leveraging our strengths in advanced manufacturing, engineering expertise, supply chain integration, and global operations, we will continue to strengthen coordination across our research and development, manufacturing, supply chain, and sales functions, foster synergies across our business segments, and enhance our competitive position in the global digital energy infrastructure sector.” “Looking ahead, we will maintain a prudent yet flexible approach as we actively engage with and capitalize on the opportunities presented by the global energy transition and ongoing digital infrastructure modernization. Driven by technological innovation and supported by deeper collaboration across our value chain, we will continue to optimize our business portfolio with a focus on energy, electric power equipment, and digital infrastructure opportunities with strong growth and value-creation potential. Our goal is to build a more resilient, diversified, and sustainable business platform that delivers efficient, reliable solutions to customers worldwide and creates lasting value for our shareholders.” Unaudited Financial Results for the Six Months Ended June 30, 2026 Total net revenues for the six months ended June 30, 2026 were US$3.92 million, a 9.54% increase from US$3.58 million in the prior-year period. Product revenue increased to US$1.58 million from US$0.46 million, while service revenue decreased to US$2.35 million from US$3.12 million. The period-over-period change was primarily attributable to the Company’s increased focus on renewable energy product sales and corresponding allocation of business efforts toward such products during the period, resulting in incremental renewable energy product sales, as well as continued refinement of sales strategies in response to evolving market conditions. Cost of revenues for the six months ended June 30, 2026 was US$3.20 million, a 24.44% decrease from US$4.23 million in the prior-year period. The decrease was primarily driven by a value-added tax (“VAT”) recoverable impairment of approximately US$1.0 million recognized in cost of revenues during the six months ended June 30, 2025, when the Company determined that recovery of the VAT receivable was not expected in the foreseeable future. No comparable impairment was recorded in the current period. Gross profit for the six months ended June 30, 2026 was US$0.73 million, compared to gross loss of US$0.65 million in the prior-year period. Total operating expenses for the six months ended June 30, 2026 were US$10.95 million, compared to US$10.21 million in the prior-year period. Selling expenses for the six months ended June 30, 2026 were US$0.15 million, compared to US$0.27 million in the prior-year period. The decrease was primarily driven by the Company’s tightened expense management and adjusted sales strategies in response to changes in market conditions and customer demand, with focus shifted to the promotion of renewable energy products. General and administrative expenses for the six months ended June 30, 2026 were US$10.80 million, compared to US$9.94 million in the prior-year period. The increase was primarily driven by growth in expenses related to the renewable energy business and daily operations. Loss from operations for the six months ended June 30, 2026 was US$10.22 million, compared to US$10.86 million in the prior-year period. Interest income for the six months ended June 30, 2026 was US$3.33 million, compared to US$4.41 million in the prior-year period. The decrease was primarily due to lower bank interest rates. Total other income for the six months ended June 30, 2026 was US$4.68 million, compared to US$6.33 million in the prior-year period. Net loss for the six months ended June 30, 2026 was US$5.54 million, compared to US$4.50 million in the prior-year period. The increase in net loss was primarily due to higher general and administrative expenses (an increase of approximately US$0.9 million) and lower other income of approximately US$1.7 million (including reduced interest income of approximately US$1.1 million and lower exchange gains of approximately US$1.0 million), partially offset by improved gross profit of approximately US$1.4 million. Net loss attributable to Ebang International Holdings Inc. for the six months ended June 30, 2026 was US$2.90 million, compared to US$4.51 million in the prior-year period. The difference between consolidated net loss (US$5.54 million) and net loss attributable to Ebang International Holdings Inc. (US$2.90 million) reflects the allocation of US$2.64 million in losses to noncontrolling interests in a non-wholly owned operating subsidiary. This allocation included the noncontrolling interests’ pro-rata share of a loss recognized from the extinguishment of third-party debt during the period. Basic and diluted net loss per share for the six months ended June 30, 2026 were both US$0.46, compared to US$0.72 in the prior-year period. About Ebang International Holdings Inc. Ebang International Holdings Inc. is a technology-driven company leveraging its manufacturing expertise, technological capabilities, and deep industry experience to pursue long-term growth opportunities. Building on this foundation, the Company has strategically expanded into the energy, electric power equipment, and digital infrastructure sectors, positioning itself to capitalize on the global energy transition, accelerating electrification, and digital infrastructure modernization. Since entering the Australian renewable energy market in November 2024, Ebang has continued to develop its renewable energy business while exploring adjacent opportunities in advanced soft magnetic materials, electrical power equipment, energy storage systems, and digital energy infrastructure. The Company remains focused on innovation, operational excellence, and greater coordination across the value chain to drive sustainable growth and long-term shareholder value. For more information, please visit https://ir.ebang.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aims,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “continue,” “likely to,” and similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s renewable energy strategy and expansion into related sectors, business diversification initiatives, digital energy infrastructure and advanced materials development, future operating results and financial position, market opportunities in the global energy transition, potential industrial synergies and competitive advantages, and the Company’s ability to deliver long-term value to shareholders. These statements are based on management’s current beliefs, plans, and expectations and reflect assumptions about future events, market conditions, and the Company’s ability to execute its strategy. Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control and may cause actual results, performance, or achievements to differ materially from those expressed or implied. These risks and uncertainties include, without limitation: the Company’s ability to successfully execute its business diversification and renewable energy growth strategy; market acceptance of the Company’s products and services; the Company’s ability to further penetrate its existing customer base and expand to new customers; the Company’s ability to develop new products and services and expand internationally; the success of any acquisitions or investments; increased competition in the Company’s markets; the Company’s ability to remain in compliance with applicable laws and regulations; and general market conditions across the blockchain, Fintech, and broader energy sectors, including political and economic conditions. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as required by applicable law. Investor Relations Contact For investor and media inquiries, please contact:Ebang International Holdings Inc.Email: [email protected]

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Erste Group Bank (WBAG:EBS) is back in focus after its Q1 2026 report. The bank reported higher net interest income of €2,611 million and net income of €879 million compared with the prior year period. See our latest analysis for Erste Group Bank. Erste Group Bank’s latest earnings and the recent €50 million fixed income issue arrive as the share price trades at €99.95, with a 7 day share price return of 6.10% but a 90 day share price return of 6.59%. The 5 year total shareholder return of around 4x suggests longer term holders have seen very large gains and recent momentum has cooled. If this earnings move has you looking beyond a single bank stock, it could be a good moment to broaden your watchlist with 100 top founder-led companies With Q1 numbers, a new €50 million bond and a share price not far below analyst targets, the big question is simple: Is Erste Group Bank still undervalued or is the market already pricing in future growth? Erste Group Bank’s most followed narrative places fair value at €109.31 versus the current €99.95. This frames the stock as modestly undervalued and closely tied to long term Central and Eastern European growth themes. Read the complete narrative. Curious what sits behind that valuation gap, and how revenue growth, margins and future P/E assumptions fit together? The narrative uses detailed earnings forecasts, a specific discount rate and a precise share count outlook to get to that fair value. Result: Fair Value of €109.31 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the picture can change quickly if the Polish expansion proves harder to integrate than expected, or if sector specific taxes across key markets bite more deeply. Find out about the key risks to this Erste Group Bank narrative. The mix of optimism and caution across this report sets a clear tone. Take a closer look at the numbers and form your own view with 4 key rewards and 2 important warning signs If Erste Group Bank is already on your radar, do not stop there. Broaden your opportunity set now and let high quality screeners do some of the heavy lifting. Target consistency by focusing on companies built to weather shocks with the 305 resilient stocks with low risk scores. Hunt for quality at a reasonable price by scanning for potential bargains using the 229 high quality undervalued stocks. Pursue steady cash returns by zeroing in on companies offering robust income profiles through the 489 dividend fortresses. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include EBS.VI. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

This article first appeared on GuruFocus. Release Date: April 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Erste Bank Polska SA (BKZHY) reported a net profit of $1,028 million for the first quarter, indicating strong financial performance. The bank successfully completed a complex rebranding and integration with the ERSA Group, which was seamless from the customer's perspective. Customer deposits increased to 228 billion slots, with a favorable change in the mix of deposits. The bank saw a significant increase in digital customers, with 4 million digital users, representing a nearly 5% year-on-year growth. Erste Bank Polska SA (BKZHY) maintained a strong capital position with a return on equity of approximately 20% and excellent liquidity, with RCR exceeding 200%. Net interest income declined by 3.6% year-on-year due to interest rate cuts, impacting overall profitability. Operating expenses were impacted by one-off factors such as contributions to the banking guarantee fund and costs related to integration and rebranding. The cost of legal risk and foreign currency mortgages amounted to $166 million, affecting net profit. The effective tax rate was high at 42.2%, which reduced the net profit margin. The bank faces ongoing legal challenges related to FX loans, although the number of claims has been declining. Is BKZHY fairly valued? Test your thesis with our free DCF calculator. Q: How is the integration with Erste Group progressing? A: Michal Gajewski, CEO: The integration is proceeding smoothly and professionally. We have experienced similar processes before, such as with Santander, and this integration is going well. We are seeing trust from our shareholders and are implementing best practices. Q: What is the impact of macroeconomic factors like inflation and GDP on the Polish economy and Erste Bank Polska? A: Michal Gajewski, CEO: The GDP growth is expected to decline slightly, but inflation remains unchanged due to government actions. We anticipate a possible interest rate cut by 25 basis points. The dynamics of loans and deposits are expected to grow around 7%, with loans potentially growing faster. Q: Can you provide insights on net interest income and net fee income expectations? A: Michal Gajewski, CEO: We don't provide precise guidance, but the net interest income is sensitive to interest rate changes. The net interest margin has decreased due to rate cuts, but the balance sheet growth should neutralize this. Net fee income has shown improvement, driven by client activity and diversified income sources. Q: What are the expected costs of integration and rebranding in 2026? A: Maciej Reiluga, Vice President: The integration costs, excluding rebranding, are estimated at $250 million. Rebranding costs will be distributed with 25% in Q1, 50% in Q2, and 12.5% in both Q3 and Q4. Total cost increase for the year, excluding one-offs, is expected to be around 4-5%. Q: How will the change in strategic shareholder affect the bank's capital policy? A: Maciej Reiluga, Vice President: We are no longer subject to TLAC requirements, which means lower issuance needs. We plan to issue senior loans, not 81 issuances, depending on market conditions and balance sheet growth. Our capital surplus remains solid, and we will continue discussions with regulators. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

This article first appeared on GuruFocus. Release Date: April 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Erste Group Bank AG. (EBKDY) reported a strong start to 2026 with a year-on-year increase in net interest income and net fee income by 6.5% and 7.3%, respectively. The consolidation of Ersta Bank Polsker has positively contributed to the financial attractiveness of the franchise, with operating profit including the new unit comfortably above EUR 2 billion. The bank achieved a record operating result, excluding Ersta Bank Polsker, at over EUR 1.6 billion, indicating strong operational performance. Asset quality remained robust with a stable group NPL ratio at 2.4%, and the inclusion of Ersta Bank Polsker had a positive effect on asset quality metrics. Erste Group Bank AG. (EBKDY) is on track to achieve its financial goals for 2026, including a return on tangible equity of around 19% and earnings per share growth of more than 20%. Cost inflation was driven by staff and IT costs, including EUR 30 million in Polish integration costs, which could pressure future profitability. Banking taxes spiked this quarter due to the inclusion of Ersta Bank Polsker and increased extra profit taxes in Hungary. The net interest margin, excluding Ersta Bank Polsker, decreased compared to the fourth quarter of 2025 due to slacks in retail net interest income and higher interest-bearing assets. The macroeconomic environment remains uncertain, with geopolitical tensions and energy market disruptions potentially impacting growth and inflation expectations. The bank does not expect further releases from FLI or portfolio overlays due to volatility in geopolitics and its effects on energy markets, which could lead to higher risk costs. Warning! GuruFocus has detected 6 Warning Sign with EBKDY. Is EBKDY fairly valued? Test your thesis with our free DCF calculator. Q: Could you provide insights into the erosion of net interest margins in certain countries and the factors contributing to it? A: (Unidentified_4) The erosion in net interest margins is due to a mix of asset spread compression and competition on the liability side, particularly in Romania and the Czech Republic. In Romania, both net interest income and margins have drifted downwards due to tough pricing conditions and competition. In the Czech Republic, while performance remains strong, there is a slowdown on the deposit side, affecting margins. Q: What are your updated thoughts on capital allocation, particularly regarding increasing your stake in Poland? A: (Unidentified_3) We are focused on building capital strength and have proven our ability to make shareholder-friendly decisions. The decision to increase our stake in Poland will depend on strategic considerations and opportunities that align with shareholder interests. Q: Can you elaborate on the potential for net interest income (NII) growth in Poland and the impact of provisions if oil prices remain high? A: (Unidentified_4) In Poland, we expect NII growth driven by strong business momentum and potential rate increases. Regarding provisions, we are closely monitoring energy-dependent sectors but have not seen significant deterioration. We maintain our risk cost guidance of 25 to 30 basis points, despite not expecting further releases from overlays. Q: How do you view the potential for inorganic growth, especially in Hungary, following the recent election outcome? A: (Unidentified_3) We are open to in-country consolidation opportunities in Hungary and other existing markets. Our focus remains on integrating our Polish acquisition effectively, and we are not pursuing cross-border expansions at this time. Q: What are your plans for growth and market share in the competitive Polish banking market? A: (Unidentified_3) We see opportunities in asset management and plan to leverage our strengths in this area. While the Polish market is competitive, we believe our business model and focus on asset management will drive growth and market share gains. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

IRVING, Texas, April 24, 2026 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its financial results for the fiscal year ended December 31, 2025. Operational and Financial Highlights for Fiscal Year 2025 Total net revenues in the 2025 fiscal year increased by 11.4% to US$6.5 million, from US$5.9 million in the 2024 fiscal year. Gross profit in the 2025 fiscal year was US$0.4 million, compared to a gross profit of US$1.2 million in the 2024 fiscal year. Net loss in the 2025 fiscal year was US$14.2 million, compared to US$20.9 million in the 2024 fiscal year. Mr. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, “In fiscal year 2025, despite a complex and volatile external environment, we adhered to our “progress amid stability” approach. While maintaining stable operations across existing businesses, we continuously monitored industry trends and dynamically evaluated potential development opportunities. In response to market shifts and industrial evolution, we prudently optimized resource allocation and explored advanced manufacturing sectors through technical pathway analysis, team building, and preliminary mapping of supply chain resources, creating strategic reserves for future expansion.” Mr. Hu continued: “Looking ahead, we will take technological innovation and real-sector manufacturing as dual engines, and gradually develop a highly coordinated industrial ecosystem. In electrical power equipment, we will leverage internal resources and market conditions to pursue energy-efficient, intelligent products, capturing opportunities from the global green upgrade of power grids. In new materials, we will continue optimizing processes for high-performance soft magnetic materials, focusing on reducing material loss to improve power equipment energy efficiency. This will help convert material performance advantages into product competitiveness and strengthen long-term growth. We will continue to prudently advance these initiatives based on market conditions, business performance, and compliance requirements, while optimizing our business structure, resource allocation, and operational efficiency to create long-term shareholder value. We remain cautiously optimistic about our transition towards high-quality development.” Financial Results for Fiscal Year 2025 Total net revenues in the 2025 fiscal year increased by 11.4% to US$6.5 million, from US$5.9 million in the 2024 fiscal year, primarily due to the combined impact of: (1) the acquisition of the renewable energy business in November 2024, which led to the increase of renewable energy products revenue, and (2) the renting of idle office space, which has generated rental revenue during the year and promoted revenue growth. Other than the above, all other businesses have been relatively stable. Cost of revenues in the 2025 fiscal year increased by 31.3% to US$6.1 million, from US$4.7 million in the 2024 fiscal year, which is primarily due to the increase of revenue and VAT recoverable impairment of US$1.7 million, which was recognized in cost of revenue in 2025, as it is expected that VAT will not be recovered in the foreseeable future. In a market with both opportunities and risks, we constantly adjust our development strategy, allocate resources, and control costs and expenses based on changes in the market condition, in order to avoid unnecessary expenses. Gross profit in the 2025 fiscal year was US$0.4 million, compared to a gross profit of US$1.2 million in the 2024 fiscal year. Total operating expenses in the 2025 fiscal year decreased by 18.6% to US$25.7 million, from US$31.6 million in the 2024 fiscal year, primarily due to the combined impact of the decrease in selling expenses and general and administrative expenses, and increase in impairments. Selling expenses in the 2025 fiscal year decreased by 51.5% to US$0.5 million, from US$1.1 million in the 2024 fiscal year, mainly due to the continuous decrease in sales staff salaries, which is also the result of the Company continuously adjusting its strategic policies according to changes in the market situation, while reducing costs and increasing efficiency. General and administrative expenses in the 2025 fiscal year decreased by 25.4% to US$22.7 million, from US$30.5 million in the 2024 fiscal year, primarily due to decreases in payroll expenses, office rental expenses, and the tightening of various expense expenditures. Impairment of intangible assets was US$1.1 million in the 2025 fiscal year, compared to nil in the 2024 fiscal year. Loss from operations in the 2025 fiscal year was US$25.3 million, compared to loss from operations of US$30.4 million in the 2024 fiscal year. Interest income in the 2025 fiscal year was US$8.5 million, compared to US$11.4 million in the 2024 fiscal year. The increase was primarily due to the reduction of interest rates. Exchange (loss) gain in the 2025 fiscal year was exchange gain of US$3.1 million, compared to exchange loss of US$2.2 million in the 2024 fiscal year, primarily due to the currency fluctuation on our foreign currency denominated assets and liabilities. Other expenses in the 2025 fiscal year was US$0.5 million, compared to US$0.1 million in the 2024 fiscal year, primarily due to the classification of changes in fair value of cryptocurrency assets into this category in accordance with new accounting standards adopted in 2025. Government grants in the 2025 fiscal year was US$0.04 million, compared to US$0.05 million in the 2024 fiscal year, primarily due to the decrease of non-recurring rebates from local government. Income taxes benefit in the 2025 fiscal year was US$0.3 million, compared to US$0.04 million in the 2024 fiscal year, primarily due to the reversal of deferred tax liability relating to the impairment of intangible assets recognized from a business acquisition that closed in November 2024 in 2025. Net loss in the 2025 fiscal year was US$14.2 million, compared to US$20.9 million in the 2024 fiscal year. Net loss attributable to Ebang International Holdings Inc. in the 2025 fiscal year was US$14.1 million, compared to US$20.3 million in the 2024 fiscal year. Basic and diluted net loss per share in the 2025 fiscal year was US$2.24, compared to basic and diluted net loss per share of US$3.22 in the 2024 fiscal year. Cash and cash equivalents were US$200.2 million as of December 31, 2025, compared to US$213.8 million as of December 31, 2024. About Ebang International Holdings Inc. With years of manufacturing experience and expertise in blockchain technology and Fintech, we have established ourselves as a key participant in these fields. Leveraging advanced technologies and cutting-edge financial services, our Fintech service platforms have been widely recognized by the market. Striving to diversify our offerings to achieve a more stable financial performance, we expanded into the renewable energy sector in Australia in November 2024, underscoring our commitment to sustainability and long-term growth. In the foreseeable future, we will continue to focus on our renewable energy business and further explore opportunities in related businesses, while proactively adapting to changes in market demand and seizing new development opportunities. Our diversified model enables us to explore synergies across our businesses, driving value for our Company and shareholders. For more information, please visit https://ir.ebang.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s development plans and business outlook, which can be identified by terminology such as “may,” “will,” “expects,” “anticipates, ” “aims,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “continue,” “likely to,” and other similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such statements are not historical facts, and are based upon the Company’s current beliefs, plans and expectations, and the current markets and operating conditions. Forward-looking statements include, but are not limited to, statements regarding our future operating results and financial position, our business strategy and plans, expectations relating to our industry, the regulatory environment, market conditions, trends and growth, expectations relating to customer behaviors and preferences, our market position and potential market opportunities, and our objectives for future operations. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance and achievements to differ materially from those contained in any forward-looking statement. These risks and uncertainties include our ability to successfully execute our business and growth strategy and maintain future profitability, market acceptance of our products and services, our ability to further penetrate our existing customer base and expand our customer base, our ability to develop new products and services, our ability to expand internationally, the success of any acquisitions or investments that we make, the efforts of increased competition in our markets, our ability to stay in compliance with applicable laws and regulations, market conditions across the blockchain, Fintech and general markets, political and economic conditions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law. Investor Relations Contact For investor and media inquiries, please contact: Ebang International Holdings Inc. Email: [email protected]

This article first appeared on GuruFocus. Release Date: February 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Erste Group Bank AG. (EBKDY) achieved record revenues in 2025, driven by strong net interest income and net fee income. The bank successfully expanded its growth footprint in the fastest-growing region of Europe, including the acquisition of a controlling stake in Erste Bank Polska. Erste Group Bank AG. (EBKDY) reported a significant increase in CET1 capital ratio, reaching 19.3% by the end of 2025. The bank maintained strong asset quality, with a low NPL ratio of 2.4% and stable asset quality across its operations. The bank's digital platform, George, continued to grow, with 11.4 million onboarded users by the end of 2025. The bank faced a high banking levy burden, reaching almost 440 million in 2025. There is uncertainty regarding the integration timeline and costs associated with the acquisition of Erste Bank Polska. The bank's net interest income growth is expected to be impacted by the non-recurrence of interest earned on the purchase price of Erste Bank Polska. Erste Group Bank AG. (EBKDY) anticipates higher risk costs in Poland, which could affect overall profitability. The bank's operating expenses were running above the 2025 cost inflation guidance, requiring adjustments for integration costs. Warning! GuruFocus has detected 6 Warning Sign with EBKDY. Is EBKDY fairly valued? Test your thesis with our free DCF calculator. Q: Could you provide an update on the integration timeline for Poland and discuss your growth priorities, including organic and M&A opportunities? A: The integration in Poland, particularly IT and technology, is expected to be completed within 24 months. Rebranding efforts will occur in the second quarter, involving over 400 branches. Regarding growth opportunities, while we are focused on integrating Poland, we remain open to M&A opportunities that create shareholder value. (Peter Bosek, CEO) Q: Can you explain why your NII guidance for 2026 is similar to the Q4 run rate, and what drives the expected slowdown in cost growth? A: The NII guidance reflects a build-up throughout the year, with some impact from the non-recurrence of interest on excess liquidity. Cost growth is expected to slow due to sharply declining inflation and efficiency gains from past investments. (Stefan Terra, CFO) Q: What are your capital deployment options for 2026, and is there a possibility of raising your stake in the Polish bank? A: We are evaluating all options, including potential increases in our stake in the Polish bank, but our primary focus remains on the integration of Poland. We have the capacity to return to our pre-transaction dividend policy and possibly consider share buybacks. (Stefan Terra, CFO) Q: Could you provide guidance on NII and the corporate center for 2026 and 2027? A: We expect slight growth in the corporate center NII for 2026, though not as strong as in 2025. The growth momentum will be slightly up, but not falling off a cliff. (Stefan Terra, CFO) Q: What are the key parameters for loan growth and NII in Poland, and how do you view the cost-to-income ratio in the long term? A: The strategy in Poland is aligned with our group approach, focusing on both retail and corporate banking. The cost-to-income ratio is expected to remain efficient, supported by high margins. We do not comment on local entities' specifics, especially when they are publicly listed. (Peter Bosek, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript.

SINGAPORE, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we,” “us” or “our”), today announced its unaudited financial results for the first six months of fiscal year 2025. Operational and Financial Highlights for the First Six Months of Fiscal Year 2025 Total net revenues in the first six months of 2025 were US$3.58 million, representing an 69.46% period-over-period increase from US$2.11 million in the same period of 2024. Gross loss in the first six months of 2025 was US$0.65 million compared to the gross profit of US$0.08 million in the same period of 2024. Net loss in the first six months of 2025 was US$4.50 million compared to US$6.65 million in the same period of 2024. Mr. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, “In the first half of 2025, our Fintech business has demonstrated resilience, achieving modest growth amidst a complex macroeconomic landscape. Concurrently, our forward-looking investments in renewable energy have made strides, turning this field as a new growth engine for the company. We believe that the global carbon neutrality process has shifted from being policy-driven to market-driven, and the demand for renewable energy will continue to thrive. Leveraging our fifteen years of extensive experience in chip technology, hardware, and intelligent manufacturing, the Company is rapidly repurposing high-efficiency computing power, precision manufacturing, and energy management technologies into photovoltaic, energy storage, and smart energy applications. This approach enables us to achieve dual optimization in product iteration and cost efficiency.” Mr. Hu continues, “Looking ahead, we will continue to explore the incremental demand for technology, cross-border payments, and digital asset trading in the regulated Fintech market under a compliance framework. We are committed to continuously launching products and services that align with market needs. In the renewable energy field, we aim to establish a vertically integrated industrial ecosystem that connects the entire value chain—from upstream raw materials and midstream manufacturing to downstream energy services. At the same time, leveraging our company’s established mature manufacturing system, we are actively exploring new opportunities for “Made in America”. We aim to expand the coverage of “Made in America”, extending our manufacturing advantages into a broader range of scenarios and establishing a diversified local production capacity across multiple fields. We firmly believe that a clear strategy, leading technology, and exceptional execution capabilities are core competencies that enable our company to navigate through cycles successfully. We will persistently scan global markets for emerging demands, new policies, and innovative technologies while prudently yet decisively allocating resources to expand new development spaces and create long-term stable value returns for our shareholders.” Unaudited Financial Results for the First Six Months of Fiscal Year 2025 Total net revenues in the first six months of 2025 were US$3.58 million, representing a 69.46% period-over-period increase from US$2.11 million in the same period of 2024. The period-over-period increase in total net revenues was driven by more revenue generated from sales of renewable energy products and services as well as rental services starting second half of 2024. Cost of revenues in the first six months of 2025 was US$4.23 million, representing a 108.20% period-over-period increase from US$2.03 million in the same period of 2024. The period-over-period increase in cost of revenues was primarily driven by (1) more revenue generated from sales of renewable energy products starting second half of 2024, and (2) a value-added tax (“VAT”) recoverable impairment which was recognized and substantially allocated to cost of revenue in the first six months of 2025, as it is expected that the VAT will not be recovered in the foreseeable future. There was no such impairment incurred in 2024. Gross loss in the first six months of 2025 was US$0.65 million, compared to gross profit of US$0.08 million in the same period of 2024. Total operating expenses in the first six months of 2025 were US$10.21 million compared to US$12.50 million in the same period of 2024. Selling expenses in the first six months of 2025 were US$0.27 million compared to US$0.66 million in the same period of 2024. The period-over-period decrease in selling expenses was mainly driven by execution of cost-saving initiatives across the Company’s Chinese subsidiaries during the first six months of 2025. General and administrative expenses in the first six months of 2025 were US$9.94 million compared to US$11.84 million in the same period of 2024. The period-over-period decrease in general and administrative expenses was mainly due to our optimization and streamlining of business operations, including resource allocation, cost and expense control. Loss from operations in the first six months of 2025 was US$10.86 million compared to US$12.42 million in the same period of 2024. Interest income in the first six months of 2025 was US$4.41 million compared to US$6.04 million in the same period of 2024. The period-over-period decrease in interest income was mainly caused by a decrease in bank interest rates. Other income in the first six months of 2025 was US$0.13 million compared to US$0.33 million in the same period of 2024. The period-over-period decrease in other income was primarily due to the Company receiving a one-off non-operating income of US$0.33 million in 2024 and no such income occurred in the first six months of 2025. Other expense in the first six months of 2025 was US$0.07 million compared to US$0.06 million in the same period of 2024. Net loss in the first six months of 2025 was US$4.50 million compared to US$6.65 million in the same period of 2024. Net loss attributable to Ebang International Holdings Inc. in the first six months of 2025 was US$4.51 million compared to US$6.23 million in the same period of 2024. Basic and diluted net loss per share in the first six months of 2025 were both US$0.72 compared to US$0.99 in the same period of 2024. About Ebang International Holdings Inc. Ebang, leveraging years of manufacturing experience and possessing expertise in blockchain technology and Fintech, has emerged as a key player in these fields. The Company utilizes advanced technologies and cutting-edge financial services to develop and launch innovative Fintech service platforms that have received positive acclaim in the market. In order to diversify its product offerings for more stable financial performance, the Company has expanded into the renewable energy sector, underscoring its commitment to sustainability and long-term growth. In the foreseeable future, it will continue to focus on both its Fintech and renewable energy businesses while maintaining adaptability to market demands and remaining open to new opportunities. For more information, please visit https://ir.ebang.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s development plans and business outlook, which can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aims,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “continue,” “likely to,” and other similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such statements are not historical facts, and are based upon the Company’s current beliefs, plans and expectations, and the current markets and operating conditions. Forward-looking statements include, but are not limited to, statements regarding our future operating results and financial position, our business strategy and plans, expectations relating to our industry, the regulatory environment, market conditions, trends and growth, expectations relating to customer behaviors and preferences, our market position and potential market opportunities, and our objectives for future operations. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance and achievements to differ materially from those contained in any forward-looking statement. These risks and uncertainties include our ability to successfully execute our business and growth strategy and maintain future profitability, market acceptance of our products and services, our ability to further penetrate our existing customer base and expand our customer base, our ability to develop new products and services, our ability to expand internationally, the success of any acquisitions or investments that we make, the effects of increased competition in our markets, our ability to stay in compliance with applicable laws and regulations, market conditions across the blockchain, Fintech and general markets, political and economic conditions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law. Investor Relations Contact For investor and media inquiries, please contact: Ebang International Holdings Inc. Email: [email protected]

SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its financial results for the fiscal year ended December 31, 2024. Operational and Financial Highlights for Fiscal Year 2024 Total net revenues in the 2024 fiscal year increased by 20.9% to US$5.9 million, from US$4.9 million in the 2023 fiscal year. Gross profit in the 2024 fiscal year was US$1.2 million, compared to a gross loss of US$16.7 million in the 2023 fiscal year. Net loss in the 2024 fiscal year was US$20.9 million, compared to US$38.0 million in the 2023 fiscal year. Mr. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, “The year 2024 marks a significant turning point for us. While consolidating and deepening our existing business, we are actively advancing the expansion of our products and services into emerging fields closely linked to our core technologies, research expertise, and manufacturing capabilities. Crucially, we are officially entering the promising yet challenging new energy sector, which represents an important step in our strategic layout. We firmly believe that with the advantages accumulated in design, research and development, as well as manufacturing—coupled with our core competencies and extensive experience—we can swiftly penetrate the advanced renewable energy market while injecting it with new vitality and innovation through profound market insights.” Mr. Hu continued: “In facing a landscape filled with both opportunities and challenges, we adhere to a prudent yet enterprising operational strategy. On one hand, we boldly explore new business domains; on the other hand, we meticulously control operational costs according to stringent standards to safeguard the company's steady growth trajectory. We are confident that by maintaining an unwavering spirit of perseverance and continuous innovation, we will stand out amidst fierce competition in the renewable energy market and make positive contributions to our planet for a brighter future.” Financial Results for Fiscal Year 2024 Total net revenues in the 2024 fiscal year increased by 20.9% to US$5.9 million, from US$4.9 million in the 2023 fiscal year, primarily due to the combined impact of: (1) the newly acquired renewable energy business in November 2024 which led to an increase of renewable energy products revenue, and (2) rentals of idle office space, which has also generated rental revenue during the year and promoted revenue growth. Besides that, all other businesses are relatively stable. Cost of revenues in the 2024 fiscal year decreased by 78.3% to US$4.7 million, from US$21.6 million in the 2023 fiscal year, which is primarily due to VAT recoverable impairment of US$16.7 million, which was recognized in cost of revenue in 2023, as it is expected that VAT will not be recovered in the foreseeable future. In a market with both opportunities and risks, we constantly adjust our development strategy, allocate resources, and control costs and expenses based on changes in the market condition in order to avoid unnecessary expenses. Gross profit in the 2024 fiscal year was US$1.2 million, compared to a gross loss of US$16.7 million in the 2023 fiscal year. Total operating expenses in the 2024 fiscal year decreased by 14.6% to US$31.6 million, from US$36.9 million in the 2023 fiscal year, primarily due to the combined impact of a decrease in selling expenses, an increase in general and administrative expenses, and a decrease in impairment. Selling expenses in the 2024 fiscal year decreased by 41.6% to US$1.1 million, from US$1.9 million in the 2023 fiscal year, mainly due to a decrease in sales staff salaries, which is also the result of the Company’s continuously adjusting its strategic policies based on changes in the market situation, while reducing costs and increasing efficiency. General and administrative expenses in the 2024 fiscal year increased by 4.9% to US$30.5 million, from US$29.0 million in the 2023 fiscal year, primarily due to increases in expenses for exploring new markets and businesses, as well as related investments in the renewable energy business. Impairment of intangible assets was not recorded for the 2024 fiscal year, compared to US$3.7 million in the 2023 fiscal year. Impairment of goodwill was not recorded for the 2024 fiscal year, compared to US$2.3 million in the 2023 fiscal year. Gain from disposal of subsidiaries was not recorded for the 2024 fiscal year, compared to US$0.008 million in the 2023 fiscal year. Loss from operations in the 2024 fiscal year was US$30.4 million, compared to loss from operations of US$53.6 million in the 2023 fiscal year. Interest income in the 2024 fiscal year was US$11.4 million, compared to US$11.9 million in the 2023 fiscal year. The increase was primarily due to reduction in the interest rate. Other income in the 2024 fiscal year was US$0.3 million, compared to US$1.1 million in the 2023 fiscal year. Other income in 2023 was primarily due to the Company taking possession of customer deposits collected from previous years as a result of defaults by customers under their respective contracts with the Company in 2023. Net loss in the 2024 fiscal year was US$20.9 million, compared to US$38.0 million in the 2023 fiscal year. Net loss attributable to Ebang International Holdings Inc. in the 2024 fiscal year was US$20.3 million, compared to US$36.8 million in the 2023 fiscal year. Basic and diluted net loss per share in the 2024 fiscal year was US$3.22, compared to basic and diluted net loss per share of US$5.86 in the 2023 fiscal year. Cash and cash equivalents were US$213.8 million as of December 31, 2024, compared to US$241.6 million as of December 31, 2023. About Ebang International Holdings Inc. Ebang, leveraging years of manufacturing experience and possessing expertise in blockchain technology and Fintech, has emerged as a key player in these fields. The Company utilizes advanced technologies and cutting-edge financial services to develop and launch innovative Fintech service platforms that have received positive acclaim in the market. In order to diversify its product offerings for more stable financial performance, the Company has expanded into the renewable energy sector, underscoring its commitment to sustainability and long-term growth. In the foreseeable future, it will continue to focus on both Fintech and renewable energy businesses while maintaining adaptability to market demands and remaining open to new opportunities. For more information, please visit https://ir.ebang.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s development plans and business outlook, which can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aims,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “continue,” “likely to,” and other similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such statements are not historical facts, and are based upon the Company’s current beliefs, plans and expectations, and the current markets and operating conditions. Forward-looking statements include, but are not limited to, statements regarding our future operating results and financial position, our business strategy and plans, expectations relating to our industry, the regulatory environment, market conditions, trends and growth, expectations relating to customer behaviors and preferences, our market position and potential market opportunities, and our objectives for future operations. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance and achievements to differ materially from those contained in any forward-looking statement. These risks and uncertainties include our ability to successfully execute our business and growth strategy and maintain future profitability, market acceptance of our products and services, our ability to further penetrate our existing customer base and expand our customer base, our ability to develop new products and services, our ability to expand internationally, the success of any acquisitions or investments that we make, the efforts of increased competition in our markets, our ability to stay in compliance with applicable laws and regulations, market conditions across the blockchain, Fintech and general markets, political and economic conditions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law. Investor Relations ContactFor investor and media inquiries, please contact:Ebang International Holdings Inc.Email: [email protected]