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CBB Bancorp Announces Appointment of Alex Ko as Chief Operating Officer
LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), announced the appointment of Alex Ko as Executive Vice President and Chief Operating Officer, effective January 2, 2025. Mr. Ko brings over 27 years of experience in banking and finance, including leadership roles as Senior EVP and CFO of Bank of Hope, where he led strategic growth, operational improvements, and M&A initiatives. He also spent
CBB Bancorp Declares Quarterly Cash Dividend of $.10 per share
LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on February 28, 2025, to all stockholders of record as of the close of business on February 14, 2025. About CBB Bancorp, Inc.: CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small-to-medium-sized businesses and doe
Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)
BOSTON--(BUSINESS WIRE)--The following closed-end funds reported sources of distribution for January and this fiscal year to date. Distribution Period: January 2025 Ticker Tax-Exempt Funds Distribution Amount Per Share MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.0325 MHI Pioneer Municipal High Income Fund, Inc. $0.0350 MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.0500 The following tables set forth estimates of the character of the current distribution and the cum
Citizens Holding Company Reports Earnings
PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN) announced today results of operations for the three and twelve months ended December 31, 2024. (in thousands, except share and per share data) Net income for the three months ended December 31, 2024 was $1,318, or $0.23 per share-basic and diluted, a linked-quarter increase of $1,000, or 314.47%, from net income of $318, or $0.06, per share-basic and diluted, for the three months ended September 30, 2024
Trez Capital Announces Leadership Advancement, Strengthening the Firm’s Strategy for Growth and Continuity
VANCOUVER, British Colombia & DALLAS--(BUSINESS WIRE)--Trez Capital, a leader in North American commercial real estate investments, announces key leadership updates with John Maragliano – a 25-year veteran in the financial services industry – named Co-Chief Executive Officer serving alongside existing Co-Chief Executive Officer John D. Hutchinson. These updates build on the strategic leadership transitions announced in 2023, positioning Trez Capital for continued investment excellence, sustaine
Tompkins Financial Corporation Reports Increased Fourth Quarter Financial Results
ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.37 for the fourth quarter of 2024, up 5.4% and 30.5% compared to the immediate prior quarter and the fourth quarter of 2023, respectively. Net income for the fourth quarter of 2024 was $19.7 million, up $1.0 million or 5.5% compared to the third quarter of 2024, and up $4.7 million, or 31.0%, when compared to th
CBB Bancorp, Inc. Reports Fourth Quarter 2024 Financial Results
LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $5.7 million for the fourth quarter 2024, or $0.54 per diluted share compared to $5.6 million in the third quarter 2024, or $0.53 per diluted share. Additionally, CBB reported net income for the year ended December 31, 2024 of $22.4 million, or $2.12 per diluted share compared to $28.9
Tompkins Financial Corporation Reports Cash Dividend
ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American:TMP) Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on February 21, 2025, to common shareholders of record on February 14, 2025. Tompkins Financial Corporation is a banking and financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylva
Summit Financial Accelerates Strategic Growth With Stake in $700M Genex Consulting Partnership
PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm, in collaboration with Merchant Investment Management, LLC ("Merchant"), today announced that Genex Consulting ("Genex") has joined its network, marking Summit's first investment of 2025. This collaboration highlights the strength of the Summit-Merchant partnership as they take a stake in Genex, a $700 million wealth management firm. As Summit approaches $20 billion in assets under advisement,
Tweedy, Browne Enters the ETF Market With the Tweedy, Browne Insider + Value ETF (NYSE Ticker: COPY)
STAMFORD, Conn.--(BUSINESS WIRE)--Tweedy, Browne Company, a 104-year-old value-oriented asset management firm serving institutional and individual clients with $7.2 billion under management (as of December 31, 2024), announced the launch of the Tweedy, Browne Insider + Value ETF (the Fund) (NYSE Ticker: COPY). As an actively managed and fully transparent ETF, COPY utilizes a proprietary multi-factor Tweedy Browne value model, informed by empirical research and extensive experience of Tweedy, Br
Interactive Brokers Group to Present at UBS Financial Services Conference
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR) announces that its Chief Financial Officer Paul Brody will speak at the UBS Financial Services Conference on Monday, February 10th at 2:40 p.m. ET. Mr. Brody's presentation can be heard live via webcast on the Internet accessible from the company's website, www.interactivebrokers.com/ir-events. Participants should log in approximately 10 minutes prior to the start of the presentation. A replay will also be availab
Haefele Flanagan Remembers and Honors Founder Robert Thomas Haefele, CPA
MAPLE SHADE, N.J.--(BUSINESS WIRE)-- #accounting--Honoring the Legacy of Bob Haefele, CPA: A Visionary Leader Who Built a Firm That Thrives Today
Ladder Capital Corp Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the tax treatment of its 2024 Class A common stock dividend payments. For the tax year ended December 31, 2024, the tax treatment of distributions paid in respect of Class A common stock is as follows: Record Date Payable Date Distribution per Share Ordinary Dividends Qualified Dividends (1) Capital Gain Unrecapt. 1250 Gain (2) Return of Capital Sec. 199A Dividends (3) Form 1099 Reference
Blockchain Deposit Insurance Corporation (BDIC) Launches to Transform Crypto Security
PALM BEACH, Fla.--(BUSINESS WIRE)-- #BDIC--BDIC Blockchain Deposit Insurance Corporation brings insurance to cryptocurrency wallets as adoption grows globally launching new entity and website.
Blackstone to Present at the Bank of America Securities Financial Services Conference 2025
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Michael Chae, Vice Chairman and Chief Financial Officer, is scheduled to present at the Bank of America Securities 2025 Financial Services Conference on Tuesday, February 11, 2025 at 10:30am ET. A live webcast of the presentation will be available on the Shareholders section of Blackstone’s website at http://ir.blackstone.com. For those unable to listen to the live webcast, a replay will be available on Blackstone’s website sh
Franklin Resources, Inc. Announces First Quarter Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) (NYSE: BEN) today announced net income1 of $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024, as compared to net loss of $84.7 million or $0.19 per diluted share for the previous quarter, and net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023. Operating income was $219.0 million for the quarter ended December 31, 2024, as compared to operating
Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends: Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25th interest in a share of the preferred stock, holders of which will receive $46
MDT Empowers Credit Unions to Remain Institutions of Choice in 2024
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--MDT today reflected on a strong year of growth and innovation, including the launch of its elevated go-forward business strategy and more.
Piper Sandler Companies Reports Fourth Quarter and Full Year 2024 Results; Declares Special Dividend of $3.00 Per Share and Quarterly Dividend of $0.65 Per Share
MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--The complete earnings release can be found on the firm's website at pipersandler.com/earnings
MicroStrategy Prices Strike Preferred Stock Offering (STRK)
TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering on January 30, 2025 of 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock (the “perpetual strike preferred stock”), at a public offering price of $80.00 per share. The issuance and sale of the perpetual strike preferred stock are scheduled to settle on February 5, 2025, subject to customary closing conditions. MicroStrategy estimates that