Lastest from Businesswire
American Water Reports Strong Third Quarter 2024 Results; Affirms Long-Term Targets and 2024 EPS Guidance; Announces 2025 EPS Guidance, Reflecting Growth of 8%
CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK), a large cap value company, today reported results for the quarter ended September 30, 2024, of $1.80 per share, compared to $1.66 per share for the same quarter in 2023, and $4.17 per share for the year-to-date period ended September 30, 2024, compared to $4.03 per share for the same period in 2023. “The company has delivered strong results to date in 2024, including key regulatory outcomes that set a good foundation
D.A. Davidson Acts as Financial Advisor to EverLine Coatings and Services on Its Strategic Investment from Red Iron Group
IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to EverLine Coatings and Services (“EverLine” or the “Company”), a leading commercial, asset-light services franchisor, on its strategic investment from Red Iron Group (“Red Iron”). EverLine Founder & CEO, John Evans, will continue to lead the Company through his ownership of the business. Based in Calgary, Canada, with U.S. headquarters in Houston, TX, EverLine offers vari
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 December 13, 2024 to shareholders of record at the close of business on November 29, 2024. About First BanCorp. First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered
Prudential Financial, Inc. Announces Third Quarter 2024 Results
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common share) for the third quarter of 2024, compared to a net loss of $802 million ($2.23 per Common share) for the third quarter of 2023. After-tax adjusted operating income was $1.260 billion ($3.48 per Common share) for the third quarter of 2024, compared to $1.332 billion ($3.62 per Common share) for th
Houlihan Lokey Acquires PSL
LONDON--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has acquired Prytania Solutions Ltd. (PSL), a leading provider of technology-driven valuation and analytic services, as it continues to strengthen its market-leading Financial and Valuation Advisory business and offer clients a differentiated experience using data-driven deliverables. The acquisition connects PSL’s advanced machine learning technology and market-leading tools with Houlihan Lokey’s structured p
Redwood Trust Reports Third Quarter 2024 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended September 30, 2024. Key Q3 2024 Financial Results and Metrics GAAP book value per common share was $8.74 at September 30, 2024, relative to $8.73 per share at June 30, 2024 Economic return on book value of 2.1% for the third quarter and 6.8% year to date 2024(1) GAAP net inco
Third Century Bancorp Releases Earnings for the Quarter Ended September 30, 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 $262,000 for the quarter ended September 30, 2024, or $0.22 per basic and diluted share, compared to net income of $271,000 for the quarter ended September 30, 2023, or $0.23 per basic and diluted share. “Our Third Century Bancorp financial performance for 2024 is on track with where we planned. We anticipated con
Lazard Announces Redemption of 3.750% Senior Notes Due February 13, 2025 Issued by Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) will redeem all of the issued and outstanding 3.750% Senior Notes due February 13, 2025 (the “Notes”) on December 12, 2024 (the “Redemption Date”). The Notes were issued pursuant to the Indenture, dated as of May 10, 2005 (as amended, the “Indenture”), between Lazard Group and The Bank of New York Mellon, as trustee, and have an aggregate principal amount outstanding of $164
Houlihan Lokey Reports Second Quarter Fiscal 2025 Financial Results
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI) (“Houlihan Lokey” or the “Company”) today reported financial results for its second quarter ended September 30, 2024. For the second quarter ended September 30, 2024, revenues were $575 million, compared with $467 million for the second quarter ended September 30, 2023. Net income was $94 million, or $1.37 per diluted share, for the second quarter ended September 30, 2024, compared with $67 million, or $0.99 per diluted sh
Equity Residential Reports Third Quarter 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2024 and has posted a Q3 2024 Management Presentation to its website as referenced below. Third Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis. Quarter Ended September 30, 2024 2023 $ Change % Change Earnings Per Share (EPS) $ 0.38 $ 0.45
Everest Reports Third Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its third quarter 2024 results. Third Quarter 2024 Highlights Total Shareholder Return of 19.4% annualized; Annualized year-to-date 17.8% Net Income ROE and 18.7% Net Operating Income ROE Net Income of $509 million; Net Operating Income of $630 million driven by attritional underwriting marg
MetLife Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced its third quarter 2024 results. Third Quarter Results Summary Net income of $1.3 billion, or $1.81 per share, compared to net income of $422 million, or $0.56 per share, in the third quarter of 2023. Adjusted earnings of $1.4 billion, or $1.95 per share, compared to adjusted earnings of $1.5 billion, or $1.97 per share, in the third quarter of 2023. Book value of $39.02 per share, up 33 percent from $29.34 per share at Septemb
Pinnacle Bancshares Announces Results for Third Quarter Ended September 30, 2024
JASPER, Ala.--(BUSINESS WIRE)--Robert B. Nolen, Jr., President and Chief Executive Officer of Pinnacle Bancshares, Inc. (OTCBB: PCLB), today announced Pinnacle’s third quarter results of operations. For the three months ended September 30, 2024, Pinnacle’s basic/diluted earnings per share was $1.16 as compared to $1.29 for the three months ended September 30, 2023. Net income for the three months ended September 30, 2024 was $1,057,000 as compared to $1,174,000 for the three months ended Septem
Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for its second fiscal quarter ended September 30, 2024 prior to the opening of the stock market on Wednesday, November 13, 2024, and discuss these results in a conference call at 11:00 a.m. ET. All intereste
Office Properties Income Trust Announces Third Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call discussing OPI's third quarter results will be held on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 3
Bakkt Schedules Conference Call to Discuss Third Quarter 2024 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its third quarter 2024 earnings on Wednesday, November 13, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/823369792 or
JPMorganChase Files Form 10-Q for the Quarter Ended September 30, 2024
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 with the SEC. The report is available on the SEC's website at www.sec.gov and will be available on the Firm's Investor Relations website at www.jpmorganchase.com/ir under SEC Filings & Other Disclosures. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of Americ
Coinbase Releases Third Quarter 2024 Shareholder Letter
REMOTE FIRST COMPANY/NEW YORK--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) has posted a shareholder letter containing its third quarter 2024 financial results on its Investor Relations website at investor.coinbase.com. The Company will hold a question and answer session to discuss its third quarter 2024 financial results on Wednesday, October 30, 2024 at 2:30 p.m. PT. The live webcast of the call can be accessed here. Following the call, a replay of the call, as well as
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable December 2, 2024 to shareholders of record on November 15, 2024, with an ex-dividend date of November 15, 2024. Fund Ticker Monthly Distribution Per
Ventas Reports 2024 Third Quarter Results
CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the third quarter ended September 30, 2024. CEO Remarks “Ventas delivered another strong quarter executing on our focused strategy to capture the unprecedented multiyear growth opportunity in senior housing,” said Debra A. Cafaro, Ventas Chairman and CEO. “We drove occupancy and revenue outperformance and double-digit NOI growth in our senior housing operating portfolio, supported by broad-