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AIG Reports Excellent Third Quarter 2024 Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2024. AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG delivered excellent third quarter financial results with strong profitability and growth across our businesses highlighting the quality of the underwriting portfolio and our ability to deliver consistent earnings. The adjusted after-tax income per diluted share was $1.23 for

Voya Financial announces third-quarter 2024 results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today its third-quarter 2024 financial results: Net income available to common shareholders of $98 million, or $0.98 per diluted share, and after-tax adjusted operating earnings1 of $190 million, or $1.90 per diluted share. Strong results in Wealth Solutions and Investment Management mitigating higher loss ratios in Health Solutions. Disciplined pricing actions expected to improve loss ratios in Stop Loss in 2025. Prudently

Jackson Increases Access to RILA Product through Distribution Partnership with JPMorganChase

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today announced it is partnering with JPMorganChase to offer its registered index-linked annuity (RILA), Jackson Market Link Pro II®, to the approximately 5,000 financial professionals at J.P. Morgan Wealth Management. “We are proud to expand our partnership with JPMorganChase, a premier firm in the financial services industry, to provide the

Equitable Holdings Reports Third Quarter 2024 Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--Equitable Holdings Reports Third Quarter 2024 Results

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2025 (Unaudited)

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $633,000, or $0.20 per basic and diluted share, for the three months ended September 30, 2024, compared to $466,000, or $0.15 per basic share and $0.14 per diluted share, for the three months ended September 30, 2023. Walter H. “Chip” Hasselbring, President and Chief Executive Officer, comment

Horace Mann reports third-quarter 2024 results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest multiline financial services company focused on helping America’s educators and a core small-cap growth and value equity in the Financials sector, today reported financial results for the three and nine months ended September 30, 2024: Diversified business delivered third-quarter net income of $34 million, or $0.83 per share, and core earnings* of $31 million, or $0.76 per share, with reported book val

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on December 2, 2024 to shareholders of record at the close of business on November 20, 2024. The ex-dividend date is November 20, 2024. The previous distribution announced in October was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on it

AM Best Affirms Performance Assessment of Amwins Group’s Affiliates

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Performance Assessment (assessment) of PA-1 (Exceptional) of a group of seven affiliates of Amwins Group (Amwins). These affiliate companies are assessed on a consolidated basis under Amwins and domiciled in Charlotte, NC. The outlook of the assessment is stable. (See below for a detailed list of the affiliate companies.) This assessment reflects Amwins’ exceptional underwriting capabilities, exceptional governance and internal controls,

STRATTEC SECURITY CORPORATION Appoints Chey Becker-Varto as Chief Commercial Officer and Linda Redmann as Chief People Officer

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) Appoints Chey Becker-Varto as Chief Commercial Officer and Linda Redmann as Chief People Officer

Cushman & Wakefield Reports Financial Results for the Third Quarter 2024

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) today reported financial results for the third quarter of 2024. “This quarter marked an important turning point. We reported the highest quarter of global Leasing revenue growth and the first quarter of Americas Capital markets revenue growth since the second quarter of 2022. We also continued to generate strong free cash flow which facilitated the recent full repayment of our term loan due in 2025 well ahead of schedule,” said Miche

TrueBlue Reports Third Quarter 2024 Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its third quarter results for 2024. Third Quarter 2024 Financial Highlights Revenue of $382 million compared to $473 million in the prior year period Net loss of $8 million compared to net loss of $0 million in the prior year period SG&A expense reduced by 17 percent to $100 million compared to $121 million in the prior year period Adjusted EBITDA1 of $5 million compared to $10 million in the prior year period Zero debt, ca

Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and Milton

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or “Rithm”), a leading alternative asset manager, pledged a commitment of $500,000 to support disaster response efforts in the devastating wake of Hurricanes Helene and Milton through its wholly owned subsidiary Newrez LLC (“Newrez”), a leading mortgage lender and servicer. Funding will directly support Habitat for Humanity and the Newrez Employee Emergency and Disaster (NEED) Fund. “Our thoughts are with all those whos

Citizens Financial Group, Inc. Declares Dividends on Preferred Stock

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on January 6, 2025, to preferred shareholders of record at the close of business on December 20, 2024: a quarterly cash dividend of $19.85400083 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $20.24327861 per s

SilverBox Corp III Announces Liquidation and Redemption of its Public Shares

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
AUSTIN, Texas--(BUSINESS WIRE)--SilverBox Corp III (the “Company”) announced today that because it did not complete its initial business combination by November 2, 2024, the Company will dissolve and liquidate. The redemption of the Company’s public shares is expected to occur on November 15, 2024. The Company’s existing Amended and Restated Certificate of Incorporation, dated as of February 27, 2023, as amended on August 27, 2024 by that certain Amendment to the Amended and Restated Certificat

QuinStreet Reports Record Results for First Quarter Fiscal 2025

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced financial results for the fiscal first quarter ended September 30, 2024. For the fiscal first quarter, the Company reported revenue of $279.2 million, up 125% year-over-year. GAAP loss for the fiscal first quarter was $1.4 million, or $(0.02) per diluted share. Adjusted net income for the fiscal firs

The Baldwin Group Announces Third Quarter 2024 Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Total revenue increased 11% year-over-year to $338.9 million Organic revenue growth of 14% year-over-year GAAP

Altice USA Reports Third Quarter 2024 Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "Over the last two years, we’ve made significant progress in strengthening our networks, stabilizing our operations, and setting a strong foundation for long-term growth. These efforts have resulted in positive momentum across our fiber and mobile product lines in the third quarter. Our focus remains on tra

Twilio to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that it will participate in the following investor conferences: Chief Executive Officer Khozema Shipchandler will host investor meetings at the Stifel Midwest 1x1 Conference on Thursday, November 7, 2024. President of Twilio Segment Thomas Wyatt will participate in a fireside chat at the Scotiabank Second Annual Global

GoodRx to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
SANTA MONICA, Calif.--(BUSINESS WIRE)--GoodRx Holdings, Inc. (Nasdaq: GDRX) (“GoodRx” or the “Company”), the leading prescription savings platform in the U.S., today announced that executives from the Company will participate in a fireside chat at each of the following investor conferences: UBS 2024 Global Healthcare Conference in Rancho Palos Verdes, CA, on Tuesday, November 12, 2024 at 2 p.m. Eastern Time (11 a.m. Pacific Time) Citi 2024 Global Healthcare Conference in Miami, FL, on Thursday,

Marqeta Reports Third Quarter 2024 Financial Results

Lastest from Businesswire - Tue, 11/05/2024 - 03:03
OAKLAND--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2024. The Company reported Total Processing Volume (TPV) of $74 billion, representing a year-over-year increase of 30%. The Company reported Net Revenue of $128 million and Gross Profit of $90 million, representing increases of 18% and 24%, respectively, year-over-year. GAAP Net Loss for the quarter was $29 million and Adjusted

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