NewsStocksHampton Financial Corporation Reports 238% Revenue Growth and Return to Profitability in Third Quarter of Fiscal 2026

Hampton Financial Corporation Reports 238% Revenue Growth and Return to Profitability in Third Quarter of Fiscal 2026

Author: GlobeNewswire·

Key Takeaways

  • Hampton Financial's Q3 2026 revenue increased 238% year-over-year to $5.88 million, reflecting broad improvement across all core business lines.
  • The company returned to quarterly profitability with $531,000 in net income, compared to a $1.2 million net loss in the same quarter last year.
  • Nine-month revenue grew 59% to $12.25 million, while the net loss for the period narrowed from $3.3 million to $768,000 year-over-year.
  • Q3 EBITDA reached $1.32 million on a non-IFRS basis, compared to negative EBITDA of $686,000 in the prior-year quarter.
  • Hampton expects full-year 2026 results to demonstrate substantial improvement over 2025 and is advancing initiatives to diversify its business portfolio.
Hampton Financial Corporation Reports 238% Revenue Growth and Return to Profitability in Third Quarter of Fiscal 2026

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TORONTO, July 30, 2026 (GLOBE NEWSWIRE) — Hampton Financial Corporation ("Hampton" or the "Company," TSXV:HFC) has reported its financial results for the third quarter ended May 31, 2026, marking a significant turnaround highlighted by a 238% year-over-year revenue increase and a return to profitability.

IFRS Results Highlights

For the third quarter, Hampton generated revenue of $5,880,000, up from $1,738,000 in the same quarter a year earlier — a 238% increase. The Company posted Q3 net income of $531,000, or $0.01 per share, compared to a net loss of $(1,201,000), or $(0.02) per share, in the prior-year quarter.

For the nine months ended May 31, 2026, revenue reached $12,248,000, a 59% increase over $7,725,000 in the comparative period. The nine-month net loss narrowed to $(768,000), or $(0.01) per share, versus a loss of $(3,313,000), or $(0.06) per share, in the same period last year.

Fiscal Results Highlights

On a non-IFRS basis, Q3 net income adjusted for non-cash items was $604,000. Q3 EBITDA came in at $1,324,000, a swing from $(686,000) in the comparative quarter. For the nine-month period, the net loss adjusted for non-cash items was $(551,000), or $(0.01) per share, while EBITDA improved to $1,661,000 from $(1,138,000) a year earlier.

Summary of Corporate Developments

The Company noted that its third quarter results reflect continued, significant improvement across all core business lines. Corporate finance transactions have improved broadly compared to the prior-year quarter, as has the alternative lending business, underscoring the impact of Hampton's recent operating focus across its main revenue streams.

"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," said 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."

Hampton stated that 2026 continues to be a year of improvement and refocusing, and the Company expects full-year results to demonstrate substantial improvement over 2025. The Company is advancing several initiatives to expand its business portfolio while continuing to grow its existing Wealth Management, Commercial Lending, and Capital Markets operations, a mix that can help offset reliance on any single line of business.

Business Operations

Through its wholly owned subsidiary, Hampton Securities Limited ("HSL"), the Company continues to develop its Wealth Management, Advisory Team, and Principal-Agent programs. These programs are designed to offer experienced wealth managers a flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practices.

The Company's Corporate Finance Group provides early-stage, growing companies with the capital needed to create value for investors. Its Treasury Group works to maximize returns from the balance sheet and strengthen Hampton's competitive position as one of Canada's leading independent financial institutions.

Hampton'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 Management's Discussion & Analysis for the three and nine months ended May 31, 2026 are available on SEDAR at www.sedar.com.

About Hampton Financial Corporation

Hampton is a 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 the Canadian Investment Regulatory Organization (IIROC) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec.

The Company also provides investment banking services, including assisting companies with raising capital, advising on mergers and acquisitions, and helping issuers obtain listings on recognized securities exchanges in Canada and abroad. Through its wholly owned subsidiary, Oxygen Working Capital, Hampton is engaged in the commercial lending space.

Hampton continues to explore opportunities to diversify its revenue sources through strategic investments in both complementary businesses and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

Contact Information

  • Olga Juravlev, Chief Financial Officer, Hampton Financial Corporation — (416) 862-8701
  • Peter M. Deeb, Executive Chairman & CEO, Hampton Financial Corporation — (416) 862-8651

Regulatory Notices

The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release. No securities regulatory authority has either approved or disapproved of the contents herein.

This press release does not constitute or form 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 referenced have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any U.S. state, and may not be offered or sold within the United States absent registration or an available exemption therefrom.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements may include information regarding the future business, operations, financial performance, prospects, plans, intentions, expectations, estimates, and beliefs of the Company. Forward-looking statements are typically identified by words such as "should," "hopeful," "recovery," "anticipate," "achieve," "could," "believe," "plan," "intend," "objective," "continuous," "ongoing," "estimate," "outlook," "expect," "may," "will," "project," or similar expressions.

Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. These statements are not guarantees of future performance. Readers are advised not to place undue reliance on forward-looking statements, which are made only as of the date hereof. The Company assumes no obligation to update them except as required by applicable law.