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Ellington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (“Ellington Credit” or the “Company”) (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect shareholder value by preserving the availability of the Company’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “IRC”) (such plan, the “Tax Asset Preservation Plan”). As previously announced, later this year Ellington Credit

Leger Ketchum & Cohoon, PLLC Wins Historic Verdict Against Ford Motor Company

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
HOUSTON--(BUSINESS WIRE)--Leger Ketchum & Cohoon, PLLC, today announces a landmark victory in a personal injury case against Ford Motor Company, marking a historic moment in Colorado Springs legal history. "This victory marks a significant milestone in our pursuit of justice," said Bradley Leger, Trial Attorney at Leger Ketchum & Cohoon, PLLC. "This was a hard-fought battle against one of the largest corporations in the world. I could not be prouder of everyone involved, especially my c

Trustmark Corporation Announces First Quarter 2024 Financial Results

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces First Quarter 2024 Financial Results

Marsh McLennan Agency to acquire Fisher Brown Bottrell Insurance, Inc.

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced that it has entered into a definitive agreement to acquire Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE) from Trustmark National Bank. Headquartered in Jackson, Mississippi, FBBINSURANCE is one of the top five largest bank-affiliated insurance agencies in the country and one of the largest agencies in the Southeast. Founded in 1936, FBBINSURANCE specializes in providing commercial property/

Broadway Financial Corporation Discloses Receipt of Notice From Nasdaq Regarding Filing Requirement for the Company’s Form 10-K

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (Nasdaq Capital Market: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “City First Broadway”), received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company did not file its Form 10-K for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) by the requir

Oregon Pacific Bancorp Announces First Quarter 2024 Earnings Results

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
FLORENCE, Ore.--(BUSINESS WIRE)--Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, today reported financial results for the first quarter ended, March 31, 2024. Highlights: First quarter net income of $1.6 million; $0.22 per diluted share. Quarterly deposit growth of $35 million or 21.31% annualized. Quarterly cost of funds of 1.20%. Quarterly loan growth of $14.3 million or 10.70% annualized. Quarterly tax equivalent net interest margin of 3.59%. Net income for the qua

Travel + Leisure Co. and Allegiant Announce Multi-Year Marketing Agreement

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
ORLANDO, Fla.--(BUSINESS WIRE)---- $TNL--Travel + Leisure Co. and Allegiant announced a multi-year marketing agreement, allowing both companies to grow their customer engagement.

Butterfield Reports First Quarter 2024 Results

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the quarter ended March 31, 2024. Net income for the first quarter of 2024 was $53.4 million, or $1.13 per diluted common share, compared to net income of $53.5 million, or $1.11 per diluted common share, for the previous quarter and $62.2 million, or $1.24 per diluted common share, for the first quarter of 2023. Core net

Trustmark Announces Agreement to Sell Fisher Brown Bottrell Insurance, Inc. to Marsh & McLennan Agency LLC

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Announces Agreement to Sell Fisher Brown Bottrell Insurance, Inc. to Marsh McLennan Agency LLC

CSB Bancorp, Inc. Reports First Quarter Earnings

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc. (OTC Pink: CSBB): First Quarter Highlights     Quarter Ended March 31, 2024       Quarter Ended March 31, 2023   Diluted earnings per share   $ 1.10       $ 1.46   Net Income   $ 2,933,000       $ 3,934,000   Return on average common equity     10.84 %       16.39 % Return on average assets     1.02 %       1.39 % CSB Bancorp, Inc. (OTC Pink: CSBB) today announced first quarter 2024 net income of $2,933,000, or $1.10 per basic and diluted sh

KKR Real Estate Finance Trust Inc. Reports First Quarter 2024 Results

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its first quarter 2024 results, which have been posted to the Investor Relations section of KREF’s website at http://www.kkrreit.com/investor-relations/events-and-presentations. A conference call to discuss KREF’s financial results will be held on Wednesday, April 24, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the First Quarter Ended March 31, 2024

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the first quarter ended March 31, 2024 on Monday, May 6, 2024 after market close. Management will host a conference call on Tuesday, May 7, 2024 at 8:00 a.m. Eastern Time to discuss the Company’s financial results. Conference Call Information: A conference call to discuss the Company’s financial results will be held live at 8:00 a.m. Eastern Time on

Vroom to Release First Quarter 2024 Earnings on May 9, 2024

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the first quarter ending March 31, 2024, after the market closes on Thursday, May 9, 2024. About Vroom (Nasdaq: VRM) Vroom owns and operates United Auto Credit Corporation (UACC), a leading automotive lender serving the independent and franchise dealer market nationwide, and CarStory, a leader in AI-powered analytics and digital services for automotive retail. During fiscal 2023,

Voya Financial declares common and preferred stock dividends

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--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 second quarter of 2024. The common stock dividend is payable on June 26, 2024, to shareholders of record as of May 28, 2024. Voya announced today that its board of directors also has declared a quarterly dividend of $13.3750 per share on the company’s Series B 5.35% fixed-rate reset non-cumulative preferred stock (the “Series B

Houlihan Lokey Announces Release Date for Fourth Quarter and Full Year Results for Fiscal Year 2024

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its fourth quarter and full year results for the 2024 fiscal year on Wednesday, May 8, 2024, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Beiser, Chief Executive Officer, Scott Adelson, Co-President and Co-Head of Corporate Finan

Premier Financial Corp. Announces First Quarter 2024 Results

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
DEFIANCE, Ohio--(BUSINESS WIRE)--Premier Financial Corp. Announces First Quarter 2024 Results

Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call

MetLife Increases Common Stock Dividend by 4.8%

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--METLIFE INCREASES COMMON STOCK DIVIDEND BY 4.8%

Net Asset Value Restatement for Simplify Tara India Opportunities ETF (IOPP)

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
NEW YORK--(BUSINESS WIRE)--Simplify announces NAV restatement for the IOPP ETF.

Bakkt Announces Reverse Stock Split

Lastest from Businesswire - Tue, 04/23/2024 - 16:41
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, following approval by the Company's stockholders and its Board of Directors, the Company will effect a reverse stock split (the “Reverse Stock Split”) of Bakkt’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and Class V common stock, par value $0.0001 per share (“Class V Common Stock” and collectively with the Class A Common Stock, the “Common Stock”), at a ratio of 1-for-25 (

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