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American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum

Lastest from Businesswire - 2 hours 1 min ago
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.4 billion, or $3.33 per share, compared with net income of $1.8 billion, or $2.40 per share, a year ago. (Millions, except per share amounts, and where indicated)   Quarters Ended March 31, Percentage Inc/(Dec) 2024 2023 Billed Business (Billions) FX-adjusted1 $367.0   $345.5 $344.1 6% 7% Total Revenues Net of Interest Expense FX-adjusted1 $15,801   $14,281 $14,230 11% 11% Net Income $2

Voya Increases Distribution Rate on 5 Funds

Lastest from Businesswire - 2 hours 1 min ago
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced an increase in the distribution rate on five funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emerging Markets High Dividend Eq

Ault Alliance Has Received an Investment of $44 Million to Date from Ault & Company under the November 2023 Securities Purchase Agreement

Lastest from Businesswire - 2 hours 1 min ago
LAS VEGAS--(BUSINESS WIRE)---- $AGREE #AULT--Ault Alliance Has Received Investment of $44 Million to Date from Ault and Company Under November 2023 Securities Purchase Agreement

Fifth Third Bancorp Reports First Quarter 2024 Diluted Earnings Per Share of $0.70

Lastest from Businesswire - 2 hours 1 min ago
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB):                     Key Financial Data             Key Highlights                     $ in millions for all balance sheet and income statement items             1Q24 4Q23 1Q23 Stability: Average deposits increased 5% compared to 1Q23 Net charge-offs, NPAs, and delinquencies remain below historical levels; zero CRE net charge-offs during the quarter Loan-to-core deposit ratio of 71% CET1 capital increased 15 bps sequentially to 10.

Regions reports first quarter 2024 earnings of $343 million, earnings per diluted share of $0.37

Lastest from Businesswire - 2 hours 1 min ago
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. reported earnings for the first quarter ended March 31, 2024.

ICE Announces Record Trading Activity in Murban Crude as ICE Futures Abu Dhabi Marks Third Anniversary

Lastest from Businesswire - 5 hours 1 min ago
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary. IFAD and ICE’s Murban futures market launched in March 2021 with the Abu Dhabi National Oil Company (ADNOC) and nine of the world’s largest energy traders as founding partners. In the first quarter of 2024, ICE’s Murban futures market hit

PitchBook Launches Global VC Ecosystem Dashboard to Rank World’s Top Startup Cities

Lastest from Businesswire - 8 hours 1 min ago
SEATTLE--(BUSINESS WIRE)--PitchBook, the premier data provider for the private and public equity markets today released The Global VC Ecosystem Dashboard that ranks the world’s top startup cities. This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world. In the last few years, the challenging post pandemic environm

UNITE HERE Local 11: Workers at Aimbridge-Operated SaMo Hotel Submit Letter to City Attorney, Calling for Investigation Into Hotels’ Compliance With Panic Button Law Following Allegations of Sexual Misconduct

Lastest from Businesswire - Thu, 04/18/2024 - 22:39
SANTA MONICA, Calif.--(BUSINESS WIRE)--Dozens of workers at the Hampton Inn & Suites Santa Monica and Courtyard Santa Monica–hotels operated by Aimbridge Hospitality–walked out on strike this morning. The hotel workers' union also submitted a letter today to the Santa Monica City Attorney, alleging that the Hampton Inn Santa Monica may not be in compliance with the Hotel Worker Protection Ordinance, which was passed by the City of Santa Monica in 2019. In particular, the letter alleges that

Southwest Bancshares, Inc., Announces Texas Partners Bank as the Regional Bank Brand

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
SAN ANTONIO--(BUSINESS WIRE)--Central Texas bank announces Texas Partners Bank as regional bank brand.

Two Top Rating Agencies Reaffirm Metropolitan’s Strong Credit Ratings

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
LOS ANGELES--(BUSINESS WIRE)--A week after its governing board adopted a financially responsible two-year budget, the Metropolitan Water District of Southern California has once again earned excellent credit ratings from two of the nation’s top rating agencies. In advance of Metropolitan’s pricing of approximately $360 million of senior lien revenue bonds next week, S&P Global Ratings on Wednesday (April 17) reaffirmed Metropolitan’s AAA rating and Moody’s recently reaffirmed the agency’s A

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Primerica, Inc. (PRI) on Behalf of Investors

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Primerica, Inc. (“Primerica” or the “Company”) (NYSE: PRI) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Primerica investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws

KBRA Assigns Preliminary Ratings to American Credit Acceptance Receivables Trust 2024-2

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by American Credit Acceptance Receivables Trust 2024-2 (“ACAR 2024-2”), an ABS collateralized by a pool of auto loans. ACAR 2024-2 will issue five classes of notes totaling $442.04 million. The ratings reflect initial credit enhancement of 63.25% for the Class A notes through 16.80% for the Class E notes. Credit enhancement will consist of overcollateralization, subordination of the junior note classes (

Racing Legend Tony Kanaan and USC Athletes to Join SmartStop Self Storage REIT, Inc. for Autograph Sessions in the Lifestyle Expo at the Acura Grand Prix of Long Beach

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is thrilled to announce the exclusive opportunity for fans to meet NTT INDYCAR SERIES Champion and Indianapolis 500 Winner Tony Kanaan and multiple athletes from the University of Southern California (“USC”) at the Lifestyle Expo at the Acura Grand Prix of Long Beach on Friday, April 19 for autograph sessions. SmartStop will showcase

PJT Partners Inc. to Report First Quarter 2024 Financial Results and Host a Conference Call on May 2, 2024

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its first quarter 2024 financial results on Thursday morning, May 2, 2024. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Thursday, May 2, 2024 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive Officer

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of PowerSchool Holdings, Inc. (PWSC) on Behalf of Investors

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PowerSchool Holdings, Inc. (“PowerSchool” or the “Company”) (NYSE: PWSC) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your PowerSchool investments or would like to inquire about potentially pursuing claims to recover your loss under the federal

IDACORP, Inc. Declares Dividend

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
BOISE, Idaho--(BUSINESS WIRE)--Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.83 per share, payable May 30, 2024 to holders of record at the close of business on May 6, 2024.

Rithm Capital Corp. Schedules First Quarter 2024 Earnings Release and Conference Call

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its first quarter 2024 financial results for the period ended March 31, 2024 on Tuesday, April 30, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, April 30, 2024 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of the Company’s we

Hilltop Holdings Inc. Announces Financial Results for First Quarter 2024

Lastest from Businesswire - Thu, 04/18/2024 - 19:39
DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the first quarter of 2024. Hilltop produced income to common stockholders of $27.7 million, or $0.42 per diluted share, for the first quarter of 2024, compared to $25.8 million, or $0.40 per diluted share, for the first quarter of 2023. Hilltop’s financial results for the first quarter of 2024 included a decline in net interest income, partially offset by a reversal of credit losses due

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Perion Network Ltd. (PERI) Investors

Lastest from Businesswire - Thu, 04/18/2024 - 16:39
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Perion Network Ltd. (“Perion” or the “Company”) (NASDAQ: PERI) common stock between February 9, 2021 and April 5, 2024, inclusive (the “Class Period”). Perion investors have until June 17, 2024 to file a lead plaintiff motion. Investors suffering losses on their Perion investments are encouraged to contact the Law Offices of Howard G. Smith to

BayCom Corp Reports 2024 First Quarter Earnings of $5.9 Million

Lastest from Businesswire - Thu, 04/18/2024 - 16:39
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024, compared to earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023 and $7.2 million, or $0.57 per diluted common share, for the first quarter of 2023. Net income for the first quarter of 2024 compa

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