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Hilltop Holdings Inc. Announces Financial Results for Fourth Quarter and Full Year 2023
DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the fourth quarter and full year 2023. Hilltop produced income to common stockholders of $28.7 million, or $0.44 per diluted share, for the fourth quarter of 2023, compared to $25.6 million, or $0.39 per diluted share, for the fourth quarter of 2022. Income to common stockholders for the full year 2023 was $109.6 million, or $1.69 per diluted share, compared to $113.1 million, or $1.60 p
Community Trust Bancorp, Inc. Announces the Appointment of Jeff Sandlin to Its Board of Directors
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI) is pleased to announce the appointment of Jeff Sandlin to its Board of Directors on January 23, 2024. Mr. Sandlin will serve on the Audit & Asset Quality and the Risk and Compliance Committees. Mr. Sandlin worked in the mining industry from 1980-1994. He joined Perry Distributors, Inc., in 1994 and worked his way through every area of the business including warehouse, delivery, marketing, human resources, and sale
BayCom Corp Reports 2023 Fourth Quarter Earnings of $6.4 Million
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023, compared to earnings of $6.6 million, or $0.56 per diluted common share, for the third quarter of 2023 and $7.6 million, or $0.59 per diluted common share, for the fourth quarter of 2022. Net income for the fourth quarter of 2023 com
The SOC Details Why Board Change is Needed to Fix Starbucks’ Broken Approach to Labor Issues, Rehabilitate its Reputation and Help Maximize Shareholder Value
WASHINGTON--(BUSINESS WIRE)--The Strategic Organizing Center (the “SOC,” “we” or “us”), a shareholder of Starbucks Corporation (Nasdaq: SBUX) (“Starbucks” or the “Company”), today sent a letter to its fellow shareholders outlining why enhanced oversight and proven human capital management expertise is needed on Starbucks’ Board of Directors (the “Board”). The SOC also filed definitive proxy materials in connection with Starbucks’ Annual Meeting of Shareholders (the “Annual Meeting”), which is c
Oregon Pacific Bancorp Announces 2023 Earnings Results
FLORENCE, Ore.--(BUSINESS WIRE)--Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, today reported financial results for the fourth quarter ended, and year ended, December 31, 2023. Highlights: Fourth quarter net income of $2.2 million; $0.31 per diluted share Quarterly loan growth of $11.4 million or 2.18% Quarterly tax equivalent net interest margin of 3.64% Annual return on average assets of 1.22% Annual loan growth of $53.7 million or 11.11% Portland office grand ope
Invitation Homes Announces Tax Treatment of 2023 Dividends
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) today announced the tax treatment of its 2023 dividends for its Common Stock as summarized in the table below. The Company’s tax return for 2023 has not yet been filed. As a result, the information in the table below has been calculated using the best available information as of the date of this release. Please note that federal tax laws affect taxpayers differently and the Company cannot advise it
First Business Bank Reports Fourth Quarter 2023 Net Income of $9.6 Million
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $9.6 million, or earnings per share of $1.15 on a diluted basis. This compares to net income available to common shareholders of $9.7 million, or $1.17 per share, in the third quarter of 2023 and $9.9 million, or $1.18 per share, in the fourth quarter of 2022. “We had tremendous success attra
Independence Realty Trust Announces Tax Treatment of Dividends in 2023
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) today announced the tax status of 2023 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table: Common Shares (CUSIP #45378A106) Record Date Payment Date Distribution Per Share Ordinary Dividend Total Capital Gain Distr. Unrecap- tured Sec. 1250 Gain Section 897 Capital Gain Return of Capital Section 199A 3/31/23 4/21/
General American Investors Company Announces Action Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--The Board of Directors authorized the repurchase of an additional 1,000,000 outstanding shares of common stock when the shares are trading at a discount from the underlying net asset value by at least 8%. This continues a repurchase program which began in March 1995. Through December 31, 2023, the Company has repurchased 32.5 million shares of common stock for a cost of $1 billion at an average discount of 14.1%. General American Investors was founded in 1927, has bee
TCW Launches New Asset-Backed Finance Business
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--The TCW Group, a leading global investment firm with over $200 billion of assets under management, announced today the launch of a dedicated Asset-Backed Finance (“ABF”) business that will be anchored with over $1 billion in capital commitments from TCW, partners, and affiliates. TCW was an early entrant to private credit and the continued expansion of its alternatives capabilities will build upon the firm’s multi-decade track record in direct lending an
Voya Financial announces details of annual meeting of stockholders
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), today announced that its annual meeting of stockholders will be held on Thursday, May 23, 2024, at 11:00 a.m. ET. Common stockholders of record as of the close of business on Wednesday, March 27, 2024, will be entitled to vote at the meeting. Additional information regarding the meeting, which will be conducted online only, will be contained in Voya Financial’s proxy statement, which will be filed in advance of the meeting. About Voy
The GEO Group Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2023 financial results on Thursday, February 15, 2024 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, February 15, 2024. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Brian R. Evans, Chief Executive Officer, Shayn March, Acting Chief Financial Officer, Wayne Calabrese, Preside
Hancock Whitney Corporation Announces Quarterly Dividend
GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney Corporation Announces Quarterly Dividend
Empire State Realty Trust Announces 2023 Tax Treatment of Its Distributions
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced the 2023 tax treatment of its Class A common stock distributions, as described below. The following table summarizes, for income tax purposes, the nature of the cash distributions paid by the Company to its stockholders during the year ended December 31, 2023, and the appropriate Form 1099-DIV box number. Stockholders are encouraged to consult with their personal tax advisors as to their spe
FICO Announces Earnings of $4.80 per Share for First Quarter Fiscal 2024
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its first fiscal quarter ended December 31, 2023. First Quarter Fiscal 2024 GAAP Results Net income for the quarter totaled $121.1 million, or $4.80 per share, versus $97.6 million, or $3.84 per share, in the prior year period. Net cash provided by operating activities for the quarter was $122.1 million versus $92.4 million in the prior year per
Eastern Bankshares, Inc. Reports Fourth Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2023 Financial Results
Equity Commonwealth Announces Tax Treatment of 2023 Distributions
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced the tax treatment of its 2023 common and preferred share distributions, which is as follows: Common Stock (CUSIP No. 294628102) Record Date Payment Date Total Distribution per Share 2023 Taxable Ordinary Dividends 2023 Non-taxable Distribution (Return of Capital) 2023 Section 199A Dividends1 2/23/2023 3/09/2023 $ 4.25 $ 2.72 $ 1.53 $ 2.72 Series D Cumulative Convertible Preferred Stock (CUSIP No. 294628201) Record Date
Barings BDC, Inc. Reports Preliminary Fourth Quarter 2023 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported preliminary financial and operating results for the fourth quarter of 2023. Preliminary Financial and Operating Results - Three Months Ended December 31, 2023 Per share highlights Three Months Ended December 31, 2023 Estimated range of net investment income (1) $0.30 - $0.32 Estimated range of net increase in net assets resulting from operations (1) $0.25 - $0.29 Estimated range of n
OP Bancorp Reports Net Income for 2023 Fourth Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2023. Net income for the fourth quarter of 2023 was $5.2 million, or $0.34 per diluted common share, compared with $5.1 million, or $0.33 per diluted common share, for the third quarter of 2023, and $8.0 million, or $0.51 per diluted common share, for the fourth quarter of 2022. Net income for the full year of 2023
Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2023 Financial Results
PHOENIX--(BUSINESS WIRE)--Western Alliance Reports Fourth Quarter and Full Year 2023 Financial Results