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New Research from Material and NewtonX Reveals Shifts in Digital Ad Spending and Social Media Strategies

Lastest from Businesswire - Thu, 04/25/2024 - 19:42
LOS ANGELES--(BUSINESS WIRE)--A new research report conducted by Material and NewtonX, reveals data and insights into the future of advertising.

First BanCorp. Declares Quarterly Cash Dividend on Common Stock

Lastest from Businesswire - Thu, 04/25/2024 - 19:42
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on June 14, 2024 to shareholders of record at the close of business on May 30, 2024. About First BanCorp. First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered commercia

OP Bancorp Reports Net Income for 2024 First Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34

Lastest from Businesswire - Thu, 04/25/2024 - 19:42
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 first quarter of 2024. Net income for the first quarter of 2024 was $5.23 million, or $0.34 per diluted common share, compared with $5.17 million, or $0.34 per diluted common share, for the fourth quarter of 2023, and $7.5 million, or $0.48 per diluted common share, for the first quarter of 2023. Min Kim, President and Chief Executi

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

Lastest from Businesswire - Thu, 04/25/2024 - 19:42
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 23, 2024 to all shareholders of record as of the close of business on May 9, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quoted on

On.Energy Closes $25 Million Working Capital Facility With Lombard Odier Investment Managers

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
MIAMI & NEW YORK & HOUSTON--(BUSINESS WIRE)--On.Energy, a growing North America electric power asset owner and proven end-to-end integrator of battery energy storage systems (“BESS”), today announced it has closed a senior secured first lien facility with Lombard Odier Investment Managers (“LOIM”) on behalf of funds under its management, including the LOIM Sustainable Private Credit Strategy (“Strategy”). The facility will help On.Energy amplify and accelerate project development efforts as the

Legitify Partners with Scrive to Offer Electronic Notarisation Services

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
STOCKHOLM--(BUSINESS WIRE)-- #electronicnotarization--Legitify, a leading European remote online notarisation solution has entered into a partnership with Scrive, to offer electronic notarisation to Legitify’s customers. As pioneers in online notarisation and e-signature solutions respectively, Legitify and Scrive are joining forces to streamline and enhance electronic notarisation processes for companies and individuals. Legitify is integrating with Scrive to offer electronic notarisation on the solution. This allows n

AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) of Berkshire Hathaway Life Insurance Company of Nebraska (BHLN) (Omaha, NE). In addition, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of First Berkshire Hathaway Life Insurance Company (First Berkshire Hathaway Life) (New York, NY). The outlook of these Credit Ratings (rat

FIS Announces Quarterly Dividend

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, announced today a regular quarterly dividend of $0.36 per common share. The dividend is payable on June 24, 2024, to FIS shareholders of record as of close of business on June 10, 2024. About FIS FIS is a financial technology company providing solutions for financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’

First Business Bank Reports First Quarter 2024 Net Income of $8.6 Million

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
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 $8.6 million, or earnings per share of $1.04 on a diluted basis. This compares to net income available to common shareholders of $9.6 million, or $1.15 per share, in the fourth quarter of 2023 and $8.8 million, or $1.05 per share, in the first quarter of 2023. “Solid first quarter performance

Third Century Bancorp Releases Earnings for the Quarter Ended March 31, 2024

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
FRANKLIN, Ind.--(BUSINESS WIRE)--(OTCPINK: TDCB) - Third Century Bancorp (“Company”), the holding company for Mutual Savings Bank (“Bank”), announced it recorded unaudited net income of $330,000 for the quarter ended March 31, 2024, or $0.28 per basic and diluted share, compared to net income of $319,000 for the quarter ended March 31, 2023, or $0.27 per basic and diluted share. “Our first quarter earnings reflect a continued improvement in several quarterly earnings. Repricing of loans, and th

OppFi Announces First Quarter 2024 Earnings Conference Call

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
CHICAGO--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its first quarter 2024 before the market-open on Wednesday, May 8, 2024. Management will host a conference call on May 8, 2024 at 9:00 a.m. ET to discuss OppFi’s financial results and business outlook. The webcast of the conference call wi

Steel Partners Holdings Releases Annual Letter from Executive Chairman Warren Lichtenstein

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today released its annual letter from the Company's Executive Chairman, Warren Lichtenstein. The letter can be accessed at https://ir.steelpartners.com/investor-letters. The annual letter includes reviews of the Company's 2023 financial results, provides highlights and updates from the Company's holdings, and discusses the philosophy and strategy going forward. About Steel Partners Holdin

Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results

Byline Bancorp, Inc. Reports First Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported:         For the quarter   First Quarter Highlights       1Q24   4Q23   1Q23 Financial Results ($ in thousands)                     • ROAA of 1.36%   Net interest income   $ 85,541   $ 86,285   $ 75,718       Non-interest income     15,473     14,503     15,145   • PTPP ROAA of 2.10%(1)   Total Revenue(1)     101,014     100,788     90,863       Non-interest expense     53,809     53,584     48,800   • ROTCE of 15.88%(1)

The Hartford Announces Strong First Quarter 2024 Financial Performance

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the first quarter ended March 31, 2024. "The Hartford’s first quarter 2024 financial results were excellent with a trailing 12-month core earnings ROE of 16.6 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Commercial Lines continues to generate strong top-line growth at highly profitable margins. Personal Lines results demonstrate progress towards restoring target profitability i

FICO Announces Earnings of $5.16 per Share for Second Quarter Fiscal 2024

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its second fiscal quarter ended March 31, 2024. Second Quarter Fiscal 2024 GAAP Results Net income for the quarter totaled $129.8 million, or $5.16 per share, versus $101.6 million, or $4.00 per share, in the prior year period. Net cash provided by operating activities for the quarter was $71.0 million versus $89.8 million in the prior year peri

Principal Financial Group Announces First Quarter 2024 Results

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2024. First Quarter 2024 Highlights Net income attributable to Principal Financial Group (PFG) of $533 million, or $2.22 per diluted share Non-GAAP net income attributable to PFG, excluding exited business of $376 million, $1.58 per diluted share Non-GAAP operating earnings1 of $394 million, or $1.65 per diluted share Returned $362 million of capital to shareholders, including $200 mi

Guild Holdings Company Announces First Quarter 2024 Earnings Webcast and Conference Call Details

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
SAN DIEGO--(BUSINESS WIRE)--Guild Holdings Company (NYSE: GHLD), a growth-oriented mortgage company that employs a relationship-based loan sourcing strategy to execute on its mission of delivering the promise of homeownership, today announced that it will release results for the first quarter ended March 31, 2024 after the market close on Thursday, May 9, 2024. Management will host a webcast and conference call at 5:00 p.m. Eastern Time on May 9, 2024 to discuss the financial first quarter ende

First Trust Announces Date for the Mergers of First Trust Energy Income and Growth Fund, First Trust MLP and Energy Income Fund, First Trust New Opportunities MLP & Energy Fund and First Trust Energy Infrastructure Fund

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the mergers of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) and First Trust Energy Infrastructure Fund (NYSE: FIF) (the “Target Funds” or each, individually, a “Target Fund”), each a closed-end management investment company managed by FTA and sub-advised by Energy Income Partn

Cannae Holdings, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

Lastest from Businesswire - Thu, 04/25/2024 - 16:42
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company will release its first quarter 2024 financial results after the market close on Thursday, May 9, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings First Qua

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