Feed aggregator

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of debt issued by VCP RRL ABS IV, LLC (VCP IV), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. VCP IV is an approximate $525.0 million securitization managed by Vista Credit Partners, L.P. (“VCP” or the “Collateral Manager”), an investment adviser and affiliate of Vista Equity Partners (collectively, with these affiliates and other funds managed by them and their affiliate

MONTREAL--(BUSINESS WIRE)--NAMAKOR Holdings is pleased to announce the acquisition of Metallomax Inc., a Quebec-based leader in the manufacturing of specialized lift platforms. Showcasing a Quebec-Based Success Founded in 2005 by brothers Maxime and Pascal Picard, Metallomax quickly established itself as a leader in the design and manufacturing of customized industrial transport equipment. Renowned for its superior product quality and exceptional design expertise, the company has become a trust

DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the fourth quarter and full year 2024. Hilltop produced income to common stockholders of $35.5 million, or $0.55 per diluted share, for the fourth quarter of 2024, compared to $28.7 million, or $0.44 per diluted share, for the fourth quarter of 2023. Income to common stockholders for the full year 2024 was $113.2 million, or $1.74 per diluted share, compared to $109.6 million, or $1.69 p

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $27.8 million, or diluted earnings per share of $0.52, for the fourth quarter of 2024 and net income of $117.6 million, or diluted earnings per share of $2.20, for the full year 2024. “We are proud of our team and their work establishing the foundation of Stellar Bank,” said Robert R. Franklin, Jr., Stellar’s Chief Executive Officer. “Our strong foundation is a testament to the

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. today announced that it has priced an offering of $350 million 5.950% senior notes due 2030.

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending (NYSE: BXSL) announced today that Teddy Desloge, its Chief Financial Officer, is scheduled to present at the Bank of America Securities 2025 Financial Services Conference on Wednesday, February 12, 2025 at 1:00 p.m. ET. A live webcast of the presentation will be available on the Shareholder Resources section of Blackstone Secured Lending’s website at https://ir.bxsl.com/overview/default.aspx. For those unable to listen to the live webcast, a

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today that its board of directors has declared a common stock dividend of $0.45 per share for the first quarter of 2025. The common stock dividend is payable on March 27, 2025, to shareholders of record as of Feb. 25, 2025. Additionally, Voya’s board 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

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial services technology, announced an increase to its regular quarterly dividend to $0.40 per common share. The dividend is payable March 25, 2025, to FIS shareholders of record as of close of business on March 11, 2025. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle unde

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of ModivCare, Inc. (“ModivCare” or the “Company”) (NASDAQ: MODV) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MODIVCARE, INC. (MODV), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email a

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced the tax treatment of its 2024 common and preferred share distributions, which is as follows: Common Stock (CUSIP No. 294628102) Record Date Payment Date Total Distribution per Share 2024 Cash Liquidation Distribution1 11/25/2024 12/6/2024 $ 19.00 $ 19.00 Series D Cumulative Convertible Preferred Stock (CUSIP No. 294628201) Record Date Payment Date Total Distribution per Share 2024 Taxable Ordinary Dividends 2024 Section 1

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable February 28, 2025 to shareholders of record on February 14, 2025, with an ex-dividend date of February 14, 2025.     Fund     Ticker Monthly Distribution Pe

WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $1.2 million, or $0.38 per basic and diluted share, for the three months ended December 31, 2024, compared to net income of $185,000, or $0.06 per basic and diluted share, for the three months ended December 31, 2023. Walter H. “Chip” Hasselbring, III, Chairman and Chief Executive Officer, com

CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the quarter ended December 31, 2024. “Our earnings of $22.4 million this quarter show our success in managing margin compression and expenses,” said Chairman and CEO Marc A. Stefanski. “We’ve also developed creative deposit products, leading to more than $350 million growth in our pr

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 12, 2025 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, February 12, 2025 at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free (866) 604-1613 International (201) 689-7810 Webcast https://www.chim

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that Michel Khalaf, president and CEO, and John McCallion, executive vice president and CFO, and head of MetLife Investment Management, will participate in a fireside chat at the Bank of America Securities 2025 Financial Services Conference on Wednesday, Feb. 12, 2025, beginning at 8:00 a.m. (ET). A live webcast of the presentation will be available over the internet at https://bofa.veracast.com/webcasts/bofa/financialservices

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that Beth Johnson, Vice Chair and Chief Experience Officer, will retire from the bank, effective March 3. Johnson, a member of the bank’s Executive Committee, currently oversees a portfolio that includes customer experience and digital design, data & analytics, marketing & communications, enterprise payments strategy, and the bank’s sustainability & impact programs. ”Beth has had a distingu

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2024. Common Stock Dividends During 2024, taxable dividends for Rithm Capital’s common stock (CUSIP #64828T201) were approximately $1.00000 per share. The following table summarizes the tax treatment for common stock distributions.   Record Pay   Ordinary Qualified Section 199A Long-Term Return of     Date Da

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $36.1 million, or $0.41 per common share on a diluted basis for the fourth quarter of 2024, on net investment income of $107.9 million. PMT previously announced a cash dividend for the fourth quarter of 2024 of $0.40 per common share of beneficial interest, which was declared on December 13, 2024, and paid on January 24, 2025, to common share

ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company”) today reported net income of $94.4 million, or $1.37 per diluted share, for the quarter ended December 31, 2024, compared with $65.9 million, or $0.96 per diluted share, for the quarter ended December 31, 2023. Excluding gain on sale of mortgage servicing rights (MSR), FDIC special assessment, natural disaster expenses and gain/loss of bank premises, adjusted net income(1) was $95.1 million, or $1.38 per diluted share, for th

CENTENNIAL, Colo.--(BUSINESS WIRE)--DHI Group, Inc. (NYSE: DHX) ("DHI" or the "Company") today announced its board of directors has approved the appointments of Greg Schippers as Chief Financial Officer and Jack Connolly as Chief Legal Officer. Mr. Schippers has been serving as Interim Chief Financial Officer since November 2024. He has overall responsibility for the financial organization including financial planning, accounting, financial reporting, investor relations, treasury, internal audi