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MoneyLion to Participate in Upcoming Investor Conferences
NEW YORK--(BUSINESS WIRE)--MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products and content, today announced its participation at the following investor conferences in May: 19th Annual Needham Technology, Media, & Consumer Conference Attending: Thursday, May 16 Where: Virtual B. Riley Securities 24th Annual Institutional Investor Conference Attending: Wednesday, May 22 and Thursday, May 23 Where: Beverly Hills, CA Cr
LINCOLN NATIONAL SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Lincoln National Corporation - LNC
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 24, 2024 to file lead plaintiff applications in a securities class action lawsuit against Lincoln National Corporation (NYSE: LNC), if they purchased or otherwise acquired the Company’s securities between November 4, 2020 and November 2, 2022, inclusive (the “Class Period”). This action is pending in the United S
Pinnacle Bank Announces Earnings for First Quarter of 2024
GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2024 of $2,453,000, compared to net income of $2,723,000 for the same period in 2023. The decrease in net income from the first quarter of 2023 reflects lower noninterest income, higher provision for credit losses and higher noninterest expenses exceeding higher net interest income. As of March 31, 2024, total assets were $8
HIBBETT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hibbett, Inc. - HIBB
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hibbett, Inc. (NasdaqGS: HIBB) to JD Sports Fashion plc. Under the terms of the proposed transaction, shareholders of Hibbett will receive $87.50 in cash for each share of Hibbett that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the c
AUTODESK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Autodesk, Inc. - ADSK
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 24, 2024 to file lead plaintiff applications in a securities class action lawsuit against Autodesk, Inc. (NasdaqGS: ADSK), if they purchased or otherwise acquired the Company’s securities between June 1, 2023 and April 16, 2024, inclusive (the “Class Period”). This action is pending in the United States District
KBRA Comments on Amendment to Momnt Technologies Trust 2023-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On April 19, 2024, Momnt Technologies Trust 2023-1 (“MMNT 2023-1” or the “Trust”), a home improvement loan ABS transaction, was amended to allow for the conveyance of approximately $8.09 million of additional collateral (“Additional Collateral”) into the Trust. Momnt Technologies Inc. (“Momnt” or the “Company”) was founded in 2019 and is a financial technology company headquartered in Atlanta, GA. The Momnt 2023-1 transaction initially closed on December 22, 2023. The
Westphalia Dev. Corp. Reports Fiscal Year and Fourth Quarter 2023 Fiscal Results
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Westphalia Dev. Corp. (the “Corporation”) announced today its results for the fiscal year and fourth quarter ending December 31, 2023. The Corporation was formed in March 2012, for the development of a 310-acre Westphalia property located in Prince George’s County, Maryland, United States. The Corporation is managed by Walton Global (the “Manager”). Development and Sales Activities The Westphalia Interchange TIF project located at the intersection of Pennsylv
Customers Bancorp Reports Results for First Quarter
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--Customers Bancorp (NYSE: CUBI) announces Q1 2024 earnings. New teams make firm poised for growth.
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
NEW YORK--(BUSINESS WIRE)--On April 25, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on May 23, 2024, to shareholders of record at the close of business on May 9, 2024. The ex-dividend date is May 8, 2024. The previous distribution declared in March was $0.035 per share of common stock. The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthl
New Research from Material and NewtonX Reveals Shifts in Digital Ad Spending and Social Media Strategies
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
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
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
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
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
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
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
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
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
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
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