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Amerant Reports Fourth Quarter 2023 and Full-Year 2023 Results
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported a net loss attributable to the Company of $17.1 million in the fourth quarter of 2023, or $0.51 per diluted share. Net income attributable to the Company was $32.5 million for the full-year 2023, or $0.96 per diluted share. “Strong organic loan and deposit growth were among the highlights of the quarter,” stated Jerry Plush, Chairman and CEO. “We completed our long-awaited conversi
Franklin BSP Capital Corp. Completes Merger with Franklin BSP Lending Corp.
NEW YORK--(BUSINESS WIRE)--Franklin BSP Lending Corporation (“FBLC”) and Franklin BSP Capital Corporation (“FBCC”), business development companies (“BDCs”) managed by affiliates of Benefit Street Partners L.L.C. (“BSP”), today announced the completion of their previously announced merger. FBCC is the surviving company in the merger and will continue to be advised by Franklin BSP Capital Adviser L.L.C., an affiliate of BSP (“FBCA”). Based on September 30, 2023 financial information, the combined
Kimco Realty Corporation Announces 2023 Dividend Tax Treatment
JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, announced today the allocations of the company’s 2023 dividend distributions on its common stock and preferred stock. The allocations as they will be reported on Form 1099-DIV are as follows: Common Shares (CUSIP # 49446R-10-9) Ex- Ordinary Income Capital Gain
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share.
First Internet Bancorp Reports Fourth Quarter and Full Year 2023 Results
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net income of $4.1 million and diluted earnings per share of $0.48, increases of 21.5% and 23.1%, respectively, from the third quarter of 2023 Net interest income of $19.8 million and fully-taxable equiv
Cathay General Bancorp Announces Fourth Quarter and Full Year 2023 Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2023. The Company reported net income of $354.1 million, or $4.86 per share, for the year ended December 31, 2023 and net income of $82.5 million, or $1.13 per share, for the fourth quarter of 2023. The fourth quarter net income included a $11.3 million, or $0.12
Sallie Mae Reports Fourth-Quarter and Full-Year 2023 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors. Sallie Mae will host an earnings conference call today, Jan. 24, 2024, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and year and to answer questions related to Sa
Colony Bankcorp Reports Fourth Quarter 2023 Results
FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2023. Financial highlights are shown below. Financial Highlights: Net income decreased to $5.6 million, or $0.32 per diluted share, for the fourth quarter of 2023, compared to $5.8 million, or $0.33 per diluted share, for the third quarter of 2023, but saw a slight increase from the fourth quarter of 2022 with net income of $5.6 million, o
General American Investors Company Preferred Stock – Dividend/Distribution
NEW YORK--(BUSINESS WIRE)--The Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on March 25, 2024 to holders of record on March 7, 2024. This quarterly dividend and distribution represents a payment for the accrual period from December 26, 2023 through March 24, 2024. Preferred shareholders will be info
The First Bancorp Reports Results for 2023
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2023. Unaudited net income was $29.5 million, a decrease of 24.3% from the $39.0 million reported for the year ended December 31, 2022. Earnings per common share on a fully diluted basis were down $0.87 to $2.66 per share, a decrease of 24.6% from the prior year. The Company also announced operating results for the three
Two Harbors Investment Corp. Announces 2023 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. (NYSE: TWO), an MSR + Agency RMBS real estate investment trust, announced today the tax treatment of the company’s common stock and preferred stock dividends declared in 2023. This information is provided to assist stockholders with tax reporting requirements related to dividend distribution of taxable income by Two Harbors. Stockholders should review the 2023 tax statements received from their brokerage firms or other institutions to ensu
NYSE Group Consolidated Short Interest Report
NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of January 12, 2024. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES with a SHORT POSITION NUMBER of SECURITIES with a POSITION >= 5,000 SHARES 01/12/2024 NYSE 13,007,866,893 12,945,852,801 2,986 2,596 01/12/2024 NYSE Arca 1,705,645,947 1,671,353,261 2,036 1,258 01/12/2024 NYSE American 634,715,962 618,140,176 340
XAI Octagon Floating Rate & Alternative Income Term Trust Announces Shareholder Approval of Important Proposals
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) (NYSE: XFLT) announced that its shareholders have approved two important proposals at the reconvened special meeting of shareholders (the “Special Meeting”) held today. At the Special Meeting, shareholders approved the following: An amendment to the Trust’s Second Amended and Restated Declaration of Trust (the “Term Amendment”) to eliminate the Trust’s termination date of December 31, 2029 and
Webster Closes Ametros Acquisition
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Closes Ametros Acquisition
Boise Cascade to Invest Additional $140MM to Support EWP Growth Strategy
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (“Boise Cascade” or the “Company”) (NYSE: BCC) today announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy. In Alabama, the Company is adding I-joist production capabilities to its Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds to its important integration into the Company’s EWP g
MFA Financial, Inc. Plans Live Audio Webcast of Fourth Quarter 2023 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Thursday, February 22, 2024, at 11:00 a.m. (Eastern Time) to discuss its fourth quarter 2023 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the “Webcasts & Presentations” link on MFA’s home page. Earnings present
Bridgewater Bancshares, Inc. Announces Fourth Quarter 2023 Net Income of $8.9 Million, $0.28 Diluted Earnings Per Common Share
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $8.9 million for the fourth quarter of 2023, compared to $9.6 million for the third quarter of 2023, and $13.7 million for the fourth quarter of 2022. Earnings per diluted common share were $0.28 for the fourth quarter of 2023, compared to $0.30 for the third quarter of 2023, and $0.45 for the fourth quarter of 2022. “
Coinbase Announces Date of Fourth Quarter and Full Year 2023 Financial Results
Remote-First-Company/MIAMI--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2023 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, February 15, 2024, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day. Starting on February 8 at 9:00 a.m. PT, all shareho
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.35 per common share payable on February 27, 2024 to shareholders of record at the close of business on February 9, 2024. At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of more than
Pathward Financial, Inc. Announces Results for 2024 Fiscal First Quarter
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $27.7 million, or $1.06 per share, for the three months ended December 31, 2023, compared to net income of $27.8 million, or $0.98 per share, for the three months ended December 31, 2022. For the fiscal quarter ended December 31, 2022, the Company recognized adjusted net income of $23.2 million, or $0.81 per share, when adjusting for the gain on sale of name