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Barings BDC, Inc. Reports Preliminary Fourth Quarter 2023 Results

Thu, 01/25/2024 - 17:59
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

Thu, 01/25/2024 - 17:59
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

Thu, 01/25/2024 - 17:59
PHOENIX--(BUSINESS WIRE)--Western Alliance Reports Fourth Quarter and Full Year 2023 Financial Results

Voya Financial declares common and preferred stock dividends

Thu, 01/25/2024 - 17:59
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.40 per share for the first quarter of 2024. The common stock dividend is payable on March 27, 2024, to shareholders of record as of Feb. 26, 2024. Voya’s board also declared a semi-annual dividend of $38.79 per share on the company’s Series A 7.758% fixed-rate reset non-cumulative preferred stock (the “Series A Preferred Stock”). The board also dec

Illinois American Water Files Rate Request Driven by $557 Million in Future Investments

Thu, 01/25/2024 - 17:59
BELLEVILLE, Ill.--(BUSINESS WIRE)--Illinois American Water filed a rate request today with the Illinois Commerce Commission (ICC) reflecting $557 million in water and wastewater system investments to be made through 2025 to continue providing clean, safe, reliable and affordable service. The request reinforces the company’s commitment to investing in its water and wastewater systems to replace aging infrastructure, provide reliable service, enhance water quality and comply with environmental re

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

Thu, 01/25/2024 - 17:59
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 February 22, 2024 to all shareholders of record as of the close of business on February 8, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is

PCB Bancorp Reports Earnings of $5.9 million for Q4 2023 and $30.7 million for 2023

Thu, 01/25/2024 - 17:59
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income of $5.9 million, or $0.41 per diluted common share, for the fourth quarter of 2023, compared with $7.0 million, or $0.49 per diluted common share, for the previous quarter and $8.7 million, or $0.58 per diluted common share, for the year-ago quarter. For 2023, net income was $30.7 million, or $2.12 per diluted common share, compared with $35.0 million

QuinStreet Sets Date to Announce Second Quarter Fiscal Year 2024 Results

Thu, 01/25/2024 - 17:59
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 it will report financial results for its second fiscal quarter ended December 31, 2023 after the market closes on Wednesday, February 7, 2024. On that day, management will hold a conference call and webcast at 2:00 PM PT to review and discuss the company’s results. What: QuinStreet Fiscal Second Quar

Lost Money in Dada Nexus? Gibbs Law Group Investigates Potential Securities Law Violations

Thu, 01/25/2024 - 17:59
OAKLAND, Calif.--(BUSINESS WIRE)---- $DADA #DADA--Gibbs Law Group announces that a class action lawsuit has been filed on behalf of Dada Nexus Limited (NASDAQ: DADA) investors who purchased shares between May 11, 2023 and January 8, 2024. Investors have until March 11, 2024, to apply to be a lead plaintiff in the Dada class action lawsuit. What Should DADA Investors Do? If you invested in Dada Nexus Limited, visit our website by clicking here, or call us toll-free at (888) 410-2925 to discuss how you may be ab

Visa Inc. Fiscal First Quarter 2024 Financial Results

Thu, 01/25/2024 - 17:59
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today announced its fiscal first quarter 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx. Visa will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results. The webcast and all related

Trellix Achieves AWS Small and Medium Business Competency

Thu, 01/25/2024 - 14:59
SAN JOSE, Calif.--(BUSINESS WIRE)--Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced it has achieved the Amazon Web Services (AWS) Small and Medium Business Competency, recognizing the company as an AWS Partner with a unique focus on small and medium-sized businesses (SMBs). Achieving the AWS Small and Medium Business Competency differentiates Trellix as an AWS Partner, demonstrating proficiency and proven success in helping SMBs

AM Best Affirms Credit Ratings of Nippon Life Insurance Company

Thu, 01/25/2024 - 14:59
HONG KONG--(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 Nippon Life Insurance Company (Nissay) (Japan). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Nippon Life Insurance Company of America (NLB) (West Des Moines, Iowa, USA). The outlook of these Credit Ratings (ratings) is stable. The ratings of Nissay reflect i

AM Best Downgrades Credit Ratings of Members of Pharmacists Mutual Insurance Group

Thu, 01/25/2024 - 14:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of Pharmacists Mutual Insurance Company (PMIC) and its wholly owned reinsured subsidiary, Chiron Insurance Company (Chiron). At the same time, AM Best has downgraded the Long-Term Issue Credit Rating to “bbb” (Good) from “bbb+” (Good) of the $25 million, 7.375% surplus notes, due 2039, issued by

Peloton Equity Leads Growth Investment in OnPoint Healthcare Partners

Thu, 01/25/2024 - 14:59
DALLAS--(BUSINESS WIRE)--Peloton Equity, LLC (“Peloton”), a Connecticut-based private equity firm that seeks to invest growth capital in innovative healthcare companies, announced today that it has closed an investment in OnPoint Healthcare Partners, Inc. (“OnPoint” or the “Company”), a fast-growing AI-enabled technology services provider that offers a suite of solutions to hospitals and medical groups designed to reduce physician burnout and improve administrative efficiencies. The investment

Carla Mancha Appointed to the Federal Home Loan Bank of Dallas Affordable Housing Advisory Council

Thu, 01/25/2024 - 14:59
DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Carla Mancha to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council). Ms. Mancha brings more than 20 years of experience working in the affordable housing industry to the Advisory Council. “Affordable housing for all Americans is a fundamental need and I look forward to working with the Advisory Council,” said Ms. Mancha. Ms. Mancha is the Chief Executive Offic

Bespoke Partners Welcomes New Partner to Lead Marketing Leader Recruiting in Go-to-Market Recruiting Practice

Thu, 01/25/2024 - 14:59
SAN DIEGO--(BUSINESS WIRE)-- #bespokepartners--Bespoke Partners, the largest retained executive search and leadership advisory service firm for software companies, today announced that Ryan Bonner has joined the firm as a Partner in its Go-to-Market (GTM) Practice, leading the company’s recruiting of Chief Marketing Officers for clients. With almost 30 years of experience in leading teams as an operator, talent management consulting and recruiting top-tier executives, Ryan will work with software and SaaS compani

KBRA Assigns Preliminary Ratings to BANK5 2024-5YR5

Thu, 01/25/2024 - 14:59
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 33 classes of BANK5 2024-5YR5, a $518.6 million CMBS conduit transaction collateralized by 24 commercial mortgage loans secured by 25 properties. The collateral properties are located throughout 18 MSAs, of which the three largest are Los Angeles (14.3%), Washington - NoVA - MD (9.9%), and San Jose (9.6%). The pool has exposure to each property type with three types representing more than 10.0% of th

Six Lanier Law Firm Attorneys Honored on List of Nation’s Top 500 Lawyers

Thu, 01/25/2024 - 14:59
HOUSTON--(BUSINESS WIRE)--Six attorneys from The Lanier Law Firm have been named to the list of the Lawdragon 500 Leading Lawyers in America for 2024, each in the practice area of Plaintiff Mass Torts Litigation. The prestigious list acknowledges the top attorneys in the nation, encompassing dealmakers, plaintiff advocates, business litigators, and lawyers involved in significant corporate liability cases. Lawdragon compiles these honorees through editorial research, submissions, and nomination

Dr. Calvin King Reappointed to Federal Home Loan Bank of Dallas Affordable Housing Advisory Council

Thu, 01/25/2024 - 14:59
DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the reappointment of Dr. Calvin King to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council). Dr. King brings decades of community development experience to the Advisory Council. “Working toward affordable, sustainable housing is extremely important to me, and I am excited about our efforts to make homeownership a reality for more Americans,” Dr. King said. Dr. King is the founde

Kelly Davila Appointed to the Federal Home Loan Bank of Dallas Affordable Housing Advisory Council

Thu, 01/25/2024 - 14:59
DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Kelly Davila to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council). Ms. Davila brings more than 17 years of economic development experience to the Advisory Council. “I’m excited to roll up my sleeves and get to work,” said Ms. Davila. “It’s an honor to be part of a council that performs an important role to communities around Texas and beyond.” Ms. Davila ser

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