Hampton Financial Corporation Announces 238% Increase in 3rd Quarter Revenue And a Return to Profitability in the Period

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Postmedia has not reviewed the content. by GlobeNewswire Hampton Financial Corporation Announces 238% Increase in 3rd Quarter Revenue And a Return to Profitability in the PeriodAuthor of the article: You can save this article by registering for free here. 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If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againQ3 Net Income, Adjusted for Non-Cash Item, of $604,000; Q3 EBITDA of $1,324,000 vs $(686,000) in the comparative quarter last year;Nine Months Period Net Loss Adjusted for Non-Cash Item of $(551,000) or $(0.01) per share;Nine Months Period EBITDA of $1,661,000 vs $(1,138,000) in the comparative period last yearSummary of Corporate Developments:Our 3rd quarter results reflect continued, significant improvement across our core business lines. Corporate finance transactions have improved broadly over the comparative quarter, as has our alternative lending business. 2026 continues to be a year of improvement and re-focusing for the company and we expect full year results to demonstrate substantial improvement over 2025. That said we continue to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management, Commercial Lending and Capital Markets businesses.“We are pleased with our return to profitability in this past quarter, and a further strengthening of our Balance Sheet as a result of cost management and redeployment of capital into our most profitable areas of business,” says Hampton CEO, Peter Deeb. “We expect a solid performance for the balance of the fiscal year and are pursuing a number of opportunities for 2027 and beyond.”The Company, through its wholly owned subsidiary, Hampton Securities Limited (“HSL”) continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offer the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice. Our Corporate Finance Group provides early stage, growing companies the capital they need to create value for investors. Our Treasury Group works to maximize returns from our balance sheet and strengthen our competitive position as one of Canada’s leading independent financial institutions. The Company’s wholly owned commercial lending business, Oxygen Working Capital Corp. (OXY), provides factoring and term financing to businesses across Canada. Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the three and nine months ended May 31st, 2026 can be accessed on SEDAR at www.sedar.com.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.About Hampton Financial CorporationHampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. Through HSL, Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by IIROC and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. The company is also engaged in the Commercial Lending space through its wholly owned subsidiary, Oxygen Working Capital. The company continues to explore opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.For more information, please contact:Olga JuravlevChief Financial OfficerHampton Financial Corporation(416) 862-8701Peter M. DeebExecutive Chairman & CEOHampton Financial Corporation(416) 862-8651The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.Forward-Looking StatementsThis press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

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