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The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases

Thu, 07/25/2024 - 17:49
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting open market share repurchase program for an additional twelve-month period. Each Fund may continue to purchase outstanding shares of its common stock in open

Red River's Curtis Puckett Appointed to NCMA Board of Advisors

Thu, 07/25/2024 - 17:49
CLAREMONT, N.H. & CHANTILLY, Va.--(BUSINESS WIRE)--Red River's Curtis Puckett named to the National Contract Management Association (NCMA) Board of Advisors (BOA)

Air Lease Corporation Announces the Delivery of One Airbus A321-200neo Aircraft to Centrum Air (Uzbekistan)

Thu, 07/25/2024 - 17:49
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the long-term lease placement and delivery of one used Airbus A321-200neo aircraft with Centrum Air (Uzbekistan), one of the leading airlines in Uzbekistan. This aircraft is the airline’s first A321neo. “We are very pleased with the placement of this A321neo aircraft with Centrum Air. Centrum and its sister cargo-airline, My Freighter, have been successfully serving the rapidly growing Uzbek air transport market since 2019

Chimera Investment Corporation Announces Date of Second Quarter 2024 Financial Results and Conference Call

Thu, 07/25/2024 - 17:49
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the second quarter June 30, 2024 on Wednesday, August 7, 2024 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, August 7, 2024 at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free (888) 645-4404 International (862) 298-0702 Webcast https://www.chimerareit.com/news-events/ir-cal

First Business Bank Reports Second Quarter 2024 Net Income of $10.2 Million

Thu, 07/25/2024 - 17:49
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 $10.2 million, or earnings per share of $1.23 on a diluted basis. This compares to net income available to common shareholders of $8.6 million, or $1.04 per share, in the first quarter of 2024 and $8.1 million, or $0.98 per share, in the second quarter of 2023. “First Business Banks’s consist

Generational Group Wins Multiple International M&A Awards

Thu, 07/25/2024 - 17:49
DALLAS--(BUSINESS WIRE)--We are pleased to announce that Generational Group will be honored by The M&A Advisor at the upcoming 15th Annual International M&A Awards in New York. Generational Group will be honored with the following awards: CORPORATE/STRATEGIC DEAL OF THE YEAR ($10MM TO $25MM): Acquisition of Sundance Consulting by True Environmental, A Halle Capital Company Generational’s deal team was led by Chris Heckert   PRIVATE EQUITY DEAL OF THE YEAR ($50MM TO $100MM): Acquisition

Horizon Bank Selects Blend To Upgrade Mortgage Lending Experience

Thu, 07/25/2024 - 17:49
SAN FRANCISCO--(BUSINESS WIRE)--Horizon Bank, an $8 billion financial institution and division of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), one of the largest independent bank holding companies in the Midwest, today announced a new partnership with Blend (NYSE: BLND), a leading provider of digital banking solutions, to digitally enhance their end-to-end mortgage lending process. “Our goal was to find a technology partner that could enable us to deliver a fast, efficient, and convenient home buyi

Eastern Bankshares, Inc. Reports Second Quarter 2024 Financial Results

Thu, 07/25/2024 - 17:49
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Second Quarter 2024 Financial Results

Byline Bancorp, Inc. Reports Second Quarter 2024 Financial Results

Thu, 07/25/2024 - 17:49
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported:         For the quarter   Second Quarter Highlights (compared to 1Q24, unless otherwise specified)       2Q24   1Q24   2Q23 Financial Results ($ in thousands)                     • ROAA of 1.31%; PTPP ROAA of 2.03%(1)   Net interest income   $ 86,526   $ 85,541   $ 76,166       Non-interest income     12,844     15,473     14,291   • TBV per share of $18.84(1), up 8.1% YoY   Total Revenue(1)     99,370     101,014     90

Elmer Bancorp, Inc. Announces Second Quarter 2024 Financial Results

Thu, 07/25/2024 - 17:49
ELMER, N.J.--(BUSINESS WIRE)--ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and six months ended June 30, 2024. For the three months ended June 30, 2024, Elmer Bancorp reported net income of $793,000, or $0.69 per average diluted common share, compared to $949,000, or $0.83 per average diluted common share for the three months ended June 30, 2023. For the

Rand Capital Announces Second Quarter 2024 Financial Results Conference Call and Webcast

Thu, 07/25/2024 - 17:49
BUFFALO, N.Y.--(BUSINESS WIRE)--RAND Q2 24 Teleconference Announcement Release

PCB Bancorp Announces Extension of Stock Repurchase Plan

Thu, 07/25/2024 - 17:49
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank, announced that on July 24, 2024, its Board of Directors approved an amendment (the “Repurchase Program Amendment”) to its current repurchase program that was approved and announced on August 2, 2023. The original repurchase program authorized the repurchase of up to 720,000 shares of the Company’s outstanding common stock, which was then approximately 5% of the outstanding share, through Au

Principal Financial Group Announces Second Quarter 2024 Results

Thu, 07/25/2024 - 17:49
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2024. Second Quarter 2024 Highlights Net income attributable to Principal Financial Group (PFG) of $353 million, or $1.49 per diluted share Non-GAAP net income attributable to PFG, excluding exited business, of $356 million, or $1.50 per diluted share Non-GAAP operating earnings1 of $386 million, or $1.63 per diluted share Returned $415 million of capital to shareholders, including $

Voya Financial increases common dividend and declares preferred stock dividends

Thu, 07/25/2024 - 17:49
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today that its board of directors has declared a 12.5% increase in the company’s common stock dividend to $0.45 per share from $0.40 per share for the third quarter of 2024. The common stock dividend is payable on Sept. 26, 2024, to shareholders of record as of Aug. 27, 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 Hartford Announces Outstanding Second Quarter 2024 Financial Performance

Thu, 07/25/2024 - 17:49
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2024. “The Hartford’s second quarter 2024 financial results were outstanding with a trailing 12-month core earnings ROE of 17.4 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Commercial Lines maintained robust top-line growth at highly profitable margins. Personal Lines continues to make great strides towards restoring target profitability in aut

AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

Thu, 07/25/2024 - 17:49
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2024 financial results prior to market open on Friday, August 2, 2024. The Company will host a conference call to discuss the results on Friday, August 2, 2024, at 8:30 a.m. Eastern Time. To participate in the call by telephone, please dial (800) 445-7795 at least five minutes prior to the start time. International callers should dial (203) 518-9848. The

Horace Mann announces preliminary results for second-quarter and full-year 2024 guidance revision

Thu, 07/25/2024 - 17:49
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN) today announced it expects full-year 2024 core EPS in the range of $2.40 to $2.70, including second-quarter core EPS in the range of $0.18 to $0.20. The second-quarter results and full-year guidance revision is largely due to lower-than-expected net investment income, primarily from valuation adjustments in the company’s commercial mortgage loan fund portfolio. “We continue to make progress toward our objective of

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

Thu, 07/25/2024 - 17:49
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on July 25, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meeting

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust Specialty Finance and Financial Opportunities Fund with and into abrdn Total Dynamic Dividend Fund

Thu, 07/25/2024 - 17:49
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) (the “Fund”) held on July 25, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Total Dynamic Dividend Fund (“AOD”). The special meeting of shareholders of the F

PCB Bancorp Reports Earnings of $6.3 Million for Q2 2024

Thu, 07/25/2024 - 17:49
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income of $6.3 million, or $0.43 per diluted common share, for the second quarter of 2024, compared with $4.7 million, or $0.33 per diluted common share, for the previous quarter and $7.5 million, or $0.52 per diluted common share, for the year-ago quarter. Q2 2024 Highlights Net income totaled $6.3 million, or $0.43 per diluted common share; Recorded a provi

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