Latest news with #Brogdon
Newsweek
a day ago
- Sport
- Newsweek
Pacers Linked to Familiar Potential Tyrese Haliburton Replacement
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Indiana Pacers suffered a rough loss to the Oklahoma City Thunder in Game 7 of the NBA Finals. Coming so close to a championship was painful enough, but losing star point guard Tyrese Haliburton to a torn Achilles int hat Game 7 was even more difficult to accept. With Haliburton now likely out for the 2025-26 season, the Pacers have a lot of work to do. It's possible that Indiana could still remain competitive. However, in order to pursue that goal, the Pacers could use help at the point guard position. Head coach Rick Carlisle of the Indiana Pacers looks on against the Oklahoma City Thunder during the second quarter in Game Seven of the 2025 NBA Finals at Paycom Center on June 22, 2025 in... Head coach Rick Carlisle of the Indiana Pacers looks on against the Oklahoma City Thunder during the second quarter in Game Seven of the 2025 NBA Finals at Paycom Center on June 22, 2025 in Oklahoma City, Oklahoma. More Photo byLooking ahead to NBA free agency, there are a few potential targets who could help Indiana. Kevin Pritchard, the team's president of basketball operations, could also look to get creative in a potential trade for a point guard. Read more: Pacers Linked to Future Hall of Fame Tyrese Haliburton Replacement Should they choose to pursue one in free agency, a very familiar name could make a lot of sense. Bleacher Report's Greg Swartz has suggested Malcolm Brogdon as a potential target for the Pacers. He was the team's starting point guard from the 2019-20 season through the 2021-22 season. "Both Brogdon and the Pacers should be interested in a reunion now, as the veteran guard averaged 18.9 points, 5.1 rebounds and 6.3 assists for the franchise from 2019 to 2022, leaving for the Boston Celtics in the deal that brought Aaron Nesmith to Indiana," Swartz wrote. During the 2024-25 NBA season, Brogdon played in 24 games with the Washington Wizards and made 13 starts. He averaged 12.7 points, 4.1 assists, and 3.8 rebounds per game, while shooting 43.3 percent from the floor and just 28.6 percent from three-point range. Back in the 2023-24 season with the Portland Trail Blazers, he averaged 15.7 points, 5.5 assists, and 3.8 rebounds, shooting 44 percent overall and knocking down 41.2 percent of his three-point shots. Read more: Warriors Connected to Potential Game-Changing Free Agency Move On the outside looking in, the fit between Brogdon and Indiana could make sense. He does not play the same style as Haliburton or the Pacers. Brogdon has always played best at a slower pace, which may not fit with what Indiana is looking for this offseason. That being said, the Pacers need help at point guard. Brogdon is one of the best available in the price range that Indiana is likely looking to spend. Expect to hear plenty of rumors surrounding Indiana this offseason. Brogdon might be brought up again at some point in the coming days. For more on the Indiana Pacers and general NBA news, head on over to Newsweek Sports.
Yahoo
5 days ago
- Business
- Yahoo
SFNC Q1 Deep Dive: Revenue Growth Outpaces Expectations, Credit Costs Weigh on Profitability
Regional banking company Simmons First National (NASDAQ:SFNC) reported Q1 CY2025 results exceeding the market's revenue expectations , with sales up 7.2% year on year to $216 million. Its non-GAAP profit of $0.26 per share was 27.4% below analysts' consensus estimates. Is now the time to buy SFNC? Find out in our full research report (it's free). Revenue: $216 million vs analyst estimates of $209.6 million (7.2% year-on-year growth, 3% beat) Adjusted EPS: $0.26 vs analyst expectations of $0.36 (27.4% miss) Market Capitalization: $2.3 billion Simmons First National's first quarter results drew a negative market response, as rising credit costs weighed on profitability despite revenue growth that surpassed analyst expectations. Management attributed the quarter's performance to continued net interest margin expansion, improved deposit mix, and growth in non-interest income. However, the need to proactively address two troubled loan relationships—one involving a St. Louis hotel and another tied to a fast-food franchise operator—led to substantially higher provision expenses. President Jay Brogdon explained, 'We chose to take action and expedite our path toward resolution,' highlighting the company's conservative stance on credit risk management. Looking ahead, Simmons First National's forward strategy centers on maintaining operating leverage, further optimizing its deposit base, and capturing benefits from favorable loan repricing. Management believes the company is well positioned to expand its net interest margin and achieve mid-teens growth in pre-provision net revenue, assuming the credit environment stabilizes. Brogdon noted that their net interest margin 'could cross 3% sooner than originally anticipated, given positive trends in customer deposits and favorable asset repricing.' The company also expects continued resilience in asset quality, with reserves at the higher end of their modeled range. Management attributed this quarter's revenue growth to expanding net interest margin and deposit remixing, while higher provision expenses from two specific credit issues drove the earnings shortfall. Net interest margin expansion: Simmons delivered its fourth consecutive quarter of net interest margin improvement, as funding costs declined and fixed-rate loan repricing contributed to higher yields. Management expects this to remain a tailwind, particularly as deposit costs stabilize. Deposit franchise momentum: The company saw customer deposits grow, with a 1.5% year-over-year increase in consumer checking accounts and a shift away from brokered and higher-cost funding. Management highlighted ongoing efforts to remix deposits into lower-cost transaction and DDA (demand deposit account) balances. Non-interest income diversification: Growth in non-interest income was supported by strong loan production swap fees and expansion in fee-based businesses. Management emphasized the importance of diversified revenue streams beyond traditional lending. Credit actions on troubled loans: Two loan relationships—one tied to a downtown St. Louis hotel and another to a fast-food franchise—were moved to non-accrual status, with substantial increases in specific reserves. Management described these actions as 'proactive and conservative,' noting these situations are unique and not reflective of broader portfolio quality. Expense management and fraud event: Adjusted expenses rose due to a $4.3 million deposit fraud charge linked to one of the troubled credits. Excluding this, expenses were flat to down from last quarter, reflecting ongoing cost control initiatives. Management reiterated their confidence in full-year expense guidance despite the one-time fraud impact. Simmons expects future performance to be shaped by margin expansion, disciplined expense management, and ongoing credit risk vigilance amid economic uncertainty. Deposit optimization continues: Management is focused on growing core deposits and reducing reliance on brokered funding, aiming to further lower funding costs and support margin expansion. Initiatives include targeted campaigns to boost consumer checking accounts and strategic conversations during loan origination to attract deposits. Credit quality monitoring: While the company believes credit issues are isolated, management acknowledged the possibility of further reserve building if economic conditions or baseline scenarios worsen. The allowance for credit losses is currently at the high end of the modeled range, and management expects to reassess this each quarter. Expense discipline and recovery potential: The team remains committed to controlling non-interest expense, leveraging centralized procurement and headcount optimization. Management is also pursuing potential recovery from the recent fraud event, which could offset some expense pressure in coming quarters. In the next few quarters, the StockStory team will be watching (1) progress on resolution and potential recovery from the two non-performing loan relationships, (2) trends in core deposit growth and continued reduction in brokered funding, and (3) the impact of evolving economic scenarios on credit reserve requirements. Execution on cost control and maintaining net interest margin momentum will also be critical markers of success. Simmons First National currently trades at $18.48, up from $18.12 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Time of India
21-06-2025
- Sport
- Time of India
NBA Trade Rumors: Dallas Mavericks predicted to $45,000,000 Indiana Pacers star to fill up void after Luka Doncic trade
The Dallas Mavericks are exploring backcourt reinforcements to improve how the team performs, thus, improving title odds. Among the names linked to Dallas is star Malcolm Brogdon , who could provide a cost-effective solution in Irving's absence. Tired of too many ads? go ad free now Why the Dallas Mavericks Need Backcourt Help Irving's injury leaves a significant gap in the ' backcourt. Spencer Dinwiddie is heading into free agency, leaving Brandon Williams and Jaden Hardy as the only point guard options on the roster. The Mavericks have been connected to high-profile targets like Jrue Holiday, Collin Sexton, and Chris Paul, but if those pursuits fall through, Brogdon emerges as a realistic fallback plan. As noted by Austin Veazey of Brogdon's experience and playmaking could make him a viable short-term fix. Malcolm Brogdon's Career and Fit Malcolm Brogdon, 32, has had an up-and-down career marked by injuries but also strong production when healthy. Here's a quick breakdown of his career highlights: Stat Career Average Best Season (2020-21) Points per game 15.4 21.2 Assists per game 4.8 5.9 Rebounds per game 4.2 5.3 Three-pointers per game 1.6 2.5 Key Points About Brogdon: Malcolm Brogdon (Image via Getty) - 2022-23 Sixth Man of the Year – Proved he can thrive in a bench role. - Injury Concerns – Played just 63 games over the past two seasons. - Versatility – Can play both guard positions and facilitate for teammates. - Shooting Efficiency – Career 38.8% three-point shooter, fitting Dallas' spacing needs. How Brogdon Fits Alongside Dallas Mavericks' Core If signed, Malcolm Brogdon would join a roster featuring , Klay Thompson, and projected No. 1 pick Cooper Flagg. His ability to create shots for others would ease the playmaking burden on Davis while Irving recovers. Potential Benefits: - Affordable Option – Likely cheaper than top-tier free-agent targets. - Proven Production – Even in limited minutes, he has been effective. - Leadership – Veteran presence for a team with championship aspirations. Tired of too many ads? go ad free now Potential Risks: - Durability – His injury history raises concerns about reliability. - Long-Term Fit – Might not be the answer beyond this season. As Joe Mayo noted in the original report, the Dallas Mavericks are weighing all options to address their backcourt shortage. Malcolm Brogdon isn't the flashiest name available, but his skill set and experience make him a sensible contingency plan. Also read: If Dallas misses out on bigger targets, don't be surprised to see Brogdon in a Mavericks uniform next season.
Yahoo
07-06-2025
- Sport
- Yahoo
Examining if former Celtics 1st-round pick could have worked in Boston
Aaron Nesmith mostly watched from the Celtics bench back in the 2022 NBA Finals run. The C's took the next step toward competitiveness, but since the wing depth was so deep, Nesmith couldn't consistently crack the rotation. But as Nesmith stars for the Pacers during their 2025 playoffs, there's no denying the forward's impact on the game. Nesmith has developed into a legit rotation player for a Pacers team that's one win away from the NBA Finals. Advertisement He was crucial in their Game 1 win over the Knicks as he caught fire from deep. While Nesmith battled an ankle injury, he's played through it so far. Now, the Pacers are looking to close out the East Finals against the Knicks. Indiana holds a 3-1 series lead with Game 5 set for 8 p.m. Thursday in New York. Now, there are likely Celtics fans wondering if the team could have kept Nesmith considering what he's turned into for the Pacers. But there are a lot of moving parts, so probably not. Plus, in this current timeline, it ended with the Celtics winning the 2024 title so it all worked out for the front office. Nesmith was included in the Malcolm Brogdon deal with the Pacers back in the 2022 offseason. Brogdon ended up just being a one-year piece, though he did win Sixth Man of the Year in the 2022-23 season. More importantly, Brogdon was included in the Jrue Holiday deal with the Trail Blazers. Holiday is in trade rumors now, but there's no denying the guard was a big part of the 2024 title run that ended in a ring. Also, Nesmith was allowed to grow into his own when he got to Indiana. The Pacers went 35-47 in 2022-23. Nesmith played 73 games (60 starts) that year, getting consistent playing time for the first time in his career. The Celtics, on the flip side, didn't have minutes like that available fresh off the NBA Finals appearance as they had their eyes on Banner No. 18 at the time. The C's took Nesmith at 14th overall in the 2020 draft as he played his first two seasons in Boston. Advertisement So, it all worked out for both sides. The Pacers got Nesmith in the Brogdon deal while the Celtics eventually got the title (including beating Indiana in the 2024 East Finals). Nesmith, especially, proved that he's a bonafide NBA player as he's enjoyed a stellar playoff run. He's averaging 15.1 points and 6.0 rebounds in 14 playoff games, shooting an eye-popping 51.9% on his 3-pointers. The Pacers look like a team that will continue to be a problem in the East, though, with star guard Tyrese Haliburton leading the way. They've made the East Finals the past two years, plus they're on the edge of making their first NBA Finals appearance since 2000 and just their second-time ever. Nesmith figures to be part of the future in Indiana as he's signed through the 2026-27 season on an affordable $11 million salary. More Celtics content Read the original article on MassLive.
Indianapolis Star
03-05-2025
- Sport
- Indianapolis Star
Revisiting Pacers-Celtics Aaron Nesmith trade: Memes to dreams. Who's laughing now?
The Tyrese Haliburton trade was franchise altering. The Pascal Siakam trade was transformational. But don't undersell the deal that sent Aaron Nesmith to the Pacers. Nesmith plays with a chip on his shoulder. One firmly affixed there following his trade from Boston to Indiana in the summer of 2022. The Celtics drafted Nesmith 14th overall in 2020, but their patience wore thin and swapped him and pieces to the Pacers for Malcolm Brogdon. It was a trade many at the time lauded the Celtics and Brad Stevens for. Boston robbed them. My god. This is a robbery. Pacers robbed in broad daylight. You get the idea. 'It was a brilliant move for Stevens to acquire Brogdon without giving up one rotation player," Gary Washburn of The Boston Globe wrote following the trade. "Nesmith was an Ainge pick, and he never panned out as the pinpoint 3-point shooter he was projected to be coming out of Vanderbilt. Stevens told reporters last week Nesmith was an 'exceptional' shooter, but it did not translate to games. 'It was a troubling statement because Nesmith's struggles may be psychological and it became apparent it was time for a new team.' In addition to Nesmith, Boston also sent Nik Stauskas, Daniel Theis, Juwan Morgan, Malik Fitts and a 2023 first-round pick to the Pacers. One tweet in particular caught Nesmith's eye. Bleacher Report posted a SpongeBob SquarePants meme: "What the Celtics gave up for Brogdon," with an open hand with just a paperclip and spare string in the palm. 'As soon as the trade happened I saw the tweet and I saved it immediately,' Nesmith said in 2023. "I'm someone that takes things personally and I think that helps make me better. It's what makes me drive to the gym at night. Seeing that tweet is always on my mind for sure.' Most of the trade grades skewed heavily in favor of the Celtics. But with time, it looks like a Pacers stroke of genius rather than a "Stevens masterclass." Brogdon (14.9 ppg, 4.2 rpg, 3.7 apg) did go on to win Sixth Man of the Year, but only played one season in Boston. He was particularly poor in the Celtics' Eastern Conference Finals seven-game defeat to Miami, averaging just 5.7 points and 1.3 assists on 31% shooting, including 3-of-18 from behind the arc in the series. Boston upgraded in the 2023 offseason by sending Brogdon to Portland for Jrue Holiday. With Holiday at point guard, the Celtics won the 2024 NBA Finals, while the oft-injured Brogdon has missed more games than played over the past two seasons with Portland and Washington. Meanwhile, Nesmith has turned into a vital cog to an ever-improving Pacers team. He's averaged double-digit scoring each of his three seasons in Indiana, is a strong defender and just averaged a career-high 14.8 points and 6.4 rebounds in the Pacers' five-game series vs. the Bucks. His chase-down block on Bobby Portis in Game 4 was one of the standout moments of the series. "He sacrificed himself, man," Pacers center Myles Turner said. "Landing on your back like that is not fun, but it sparked a big play for us. That's just not new for him. It's very on par for what Aaron Nesmith brings to our team. Just a hard-nosed guy. I think he does an amazing job of just selling out. He'll go out there and just put his body, his life on the line for the team." "That's who Double-A is," Tyrese Haliburton added. "What he brings doesn't always show up on the scoresheet. Some people say, like, they're willing to die for this. Double-A is willing to die for this. He gives it his all every night and I think every team in the NBA wants a guy like Aaron Nesmith. Every team who wins big and ultimately wins it all always has a guy like Aaron Nesmith." Let's take a look back at the trade grades and live reaction to the trade, which of course, favors the Pacers in hindsight. ∎ Andy Bailey, Bleacher Report: B+ "If this is the best they could get, great. Waiting for the trade deadline could've helped, but it also might've backfired. Given all the injuries Brogdon had suffered through over the last few years, another one in 2022-23 could've scared teams away from including any firsts. In this case, Indiana can at least tout that it got one, and Aaron Nesmith isn't a bad prospect to take a flier on." ∎ Michael Kaskey-Blomain, CBS Sports: B- Called the Pacers' move a "prudent one" made with an eye toward the future. "The pick probably won't be too high as the Celtics project to be very good again next season, but it's still valuable nonetheless. The argument could be made that they should have held onto Brodgon until the trade deadline in order to maximize his trade value, but that's simply speculation. The team found a deal they liked now, and moved on it. There's nothing wrong with that." ∎ Cole Huff, For The Win: B- "Maybe Nesmith ends up being something. Theis could get flipped, but if not, he's a fine placeholder while the Pacers rebuild. Everyone else involved is unimportant. Nevertheless, I LIKE the trade for Indy but don't LOVE it." ∎ Michael Pina, Sports Illustrated: C+ "That haul isn't atrocious but was it really the best Indiana could do? Trades are complex negotiations and I'm sure they canvassed the league looking for some combination of young talent and draft capital. The list of interested teams that need a guard and are willing to shed both of those things for Brogdon might not have been so long, though." "(Indiana is) a team that has a long way to go before they're good again. This was a decent enough move (albeit unspectacular) to get them where they want to go." ∎ Zach Harper, The Athletic: C- "The Pacers could have done better here, but they're on their way to living in the depths of the lottery, and that's how they choose to reset. "The problem I have with this return is the young guy the Pacers got isn't someone they couldn't have plucked out of the G League, the veteran role player is someone maybe they can flip for a second-round pick and the 2023 first-round pick doesn't give them a high likelihood of a definite contributor in the future." Former IndyStar reporter Matthew VanTryon contributed to this story.
