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Federal Home Loan Bank of Dallas and Texas Capital Bank Award Almost $2M for Supportive Housing in Austin, Texas

Wed, 03/12/2025 - 19:58
AUSTIN, Texas--(BUSINESS WIRE)--A $1.98 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. A ceremonial groundbreaking was held this week to commemorate the occasion. The AHP grant was awarded to SAFE, an Austin-based organization that works to address and end multigenerational cycles of violence and abu

BGSF, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Wed, 03/12/2025 - 19:58
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a leading provider of consulting, managed services, and professional workforce solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended December 29, 2024. Q4 2024 Highlights (results include sequential comparisons to Q3 2024): Revenues were $64.4 million for Q4, compared to $71.2 million for Q3. Property Management segment revenues decreased 18.5% from Q3, primarily driven by seasonal demand. Professi

Walker & Dunlop Secures $176 Million Credit Facility for Diversified Single-Family Rental Portfolio across Atlanta

Wed, 03/12/2025 - 19:58
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it arranged a $176 million credit facility for seven single-family rental communities located across various neighborhoods within the Atlanta, Georgia MSA. The Walker & Dunlop New York Capital Markets team, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Michael Ianno, Jackson Irwin, and Christopher de Raet, arranged the financing on behalf of institutional investors advised by J.P. Morgan As

KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority GO and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT); Affirms Related Ratings

Wed, 03/12/2025 - 19:58
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One (Non-AMT) and 2025 Series Two (AMT). KBRA also affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the Matanuska-Susitna Borough State of Alaska Le

Smart Eye Technology and Finov8r Announce Strategic Partnership to Combat Fraud in Community Banking

Wed, 03/12/2025 - 19:58
AUSTIN, Texas--(BUSINESS WIRE)-- #banking--Smart Eye Technology, a leader in biometric security and continuous authentication solutions, has partnered with Finov8r, an advisory firm specializing in financial technology innovation, to bring cutting-edge fraud prevention solutions to U.S.-based community banks. Revolutionizing Fraud Prevention in Banking The banking industry faces unprecedented levels of fraud, often costing institutions six to seven figures in annual losses. Many of these attacks stem from

Bloxley Selects Mbanq to Power Its Vision for Effortless, Stylish Finance

Wed, 03/12/2025 - 19:58
SEATTLE--(BUSINESS WIRE)-- #AI--Bloxley, the innovative fintech and digital finance app, committed to making money management beautifully simple, has chosen Mbanq, a global leader in financial technology and embedded finance, to power its upcoming launch. With Mbanq’s advanced embedded banking platform and comprehensive compliance solutions, Bloxley is set to deliver financial services that combine style, convenience, and an unmatched user experience. Bloxley’s partnership with Mbanq ensures consumer

Securities Fraud Investigation Into Profound Medical Corp. (PROF) Announced – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Wed, 03/12/2025 - 19:58
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Profound Medical Corp. (“Profound” or the “Company”) (NASDAQ: PROF) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PROFOUND MEDICAL CORP. (PROF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 7, 2025, Profound disclosed that it had “identifi

Data Communications Management Corp. Reports 2024 Financial Results

Wed, 03/12/2025 - 19:58
BRAMPTON, Ontario--(BUSINESS WIRE)--DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, today reported fourth quarter and fiscal year 2024 financial results. MANAGEMENT COMMENTARY “2024 was a pivotal year for DCM highlighted by the successful completion of the complex integration of the Moore Canada Corporation (“MCC”) acquisition which

Caliber Issues Supplemental Financial Information on Its Asset Management Platform Business

Wed, 03/12/2025 - 19:58
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber today reported supplemental financial results for its asset management platform business, providing investors with 5 years of historical data.

Metropolitan Bank Holding Corp. Announces $50 million Stock Repurchase Program

Wed, 03/12/2025 - 19:58
NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (“Company”) the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”) is pleased to announce that its board of directors has approved a share repurchase plan with authorization to purchase up to fifty million dollars ($50,000,000) of the common stock of the Company (NYSE: MCB). The purpose of the strategic initiative is to demonstrate the Company’s commitment to delivering total return to its investors. “

Fifth Third Breaks Ground on New Branch in Cincinnati’s Avondale Neighborhood

Wed, 03/12/2025 - 16:58
CINCINNATI--(BUSINESS WIRE)--Today Fifth Third (NASDAQ: FITB) and community leaders celebrated the groundbreaking for a new full-service banking center in Cincinnati’s Avondale neighborhood, which has been without a standalone bank branch for nearly five years. The new branch is expected to open to the public in late summer or early fall and is among 15 banking centers Fifth Third plans to open in low- and moderate-income (LMI) or high minority (HMT) population census tracts this year. The bran

N-able Announces Share Repurchase Program

Wed, 03/12/2025 - 16:58
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver security, data protection as-a-service and unified endpoint management, today announced that its Board of Directors has approved a share repurchase program authorizing the company to repurchase up to an aggregate of $75 million of shares of its common stock. “We believe strongly in the opportunities ahead for N-able and our potential to create long-term value for our sha

Ellington Credit Company Reports Fourth Quarter 2024 Results

Wed, 03/12/2025 - 16:58
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended December 31, 2024. Fourth Quarter Highlights Net income (loss) of $(2.0) million, or $(0.07) per share. Adjusted Distributable Earnings1 of $7.8 million, or $0.27 per share. Book value of $6.53 per share as of December 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 8.54% on credit, 3.24% on Agenc

SWBC Investment Services Announces Smith as Director of Finance-Capital Markets

Wed, 03/12/2025 - 16:58
SAN ANTONIO--(BUSINESS WIRE)--SWBC’s Investment Services, LLC, a leading provider of comprehensive and holistic financial planning to governmental entities, school districts, individuals, businesses, and financial institutions, is pleased to announce the promotion of Ryan Smith to Director of Finance-Capital Markets. With five years of experience in underwriting and a comprehensive background in financial services, Smith assumes this leadership role after being a key member of the underwriting

AM Best Affirms Credit Ratings of UnitedHealth Group Incorporated and Its Subsidiaries

Wed, 03/12/2025 - 16:58
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) and the Long- and Short-Term Issuer Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH]. Concurrently, AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of the health and dental insurance subsidiaries of UnitedHealth Group, collec

Deluxe to Participate in Upcoming Investor Conference

Wed, 03/12/2025 - 16:58
MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a trusted Payments and Data company, announced today that Barry McCarthy, President and Chief Executive Officer, and Chip Zint, Senior Vice President and Chief Financial Officer, will present at the Sidoti March Virtual Investor Conference on Wednesday, March 19 at 2:30 pm ET. Interested parties can register and join a live webcast of this event from the investor relations section of the company’s website at www.investors.deluxe.com. Additional

Citigroup Announces $1.75 Billion Redemption of 3.290% Fixed Rate/Floating Rate Notes Due 2026 and $500 Million Redemption of Floating Rate Notes Due 2026

Wed, 03/12/2025 - 16:58
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,750,000,000 of its 3.290% Fixed Rate / Floating Rate Notes due 2026 (the “fixed rate/floating rate notes”) (ISIN: US172967NL16), and the redemption, in whole, constituting $500,000,000 of its Floating Rate Notes due 2026 (the “floating rate notes” and, together with the fixed rate/floating rate notes, the “notes”) (ISIN: US172967NM98). The redemption date for the notes is March 17, 2025 (the “redem

 TopBloc Named 2025 Workday Business Impact Partner of the Year

Wed, 03/12/2025 - 16:58
CHICAGO--(BUSINESS WIRE)---- $asgn--TopBloc, a leading Workday Services Partner and ASGN brand (NYSE: ASGN) is pleased to announce that it has been named the 2025 Workday Partner of the Year for Business Impact. This prestigious award celebrates the Workday partner that has driven measurable, transformative customer outcomes, acting as a true catalyst for change. During Workday’s Sales Kickoff Event earlier this month, TopBloc was recognized for delivering a record number of Workday implementations over

Trivest Announces Sale of HighGround Restoration Group

Wed, 03/12/2025 - 16:58
MIAMI--(BUSINESS WIRE)--Trivest Partners LP (“Trivest” or “Firm”), a leading private equity firm focused on investing in founder and family-owned businesses, today announced that Trivest Discovery Fund I has completed the sale of its portfolio company HighGround Restoration Group, Inc. (“HighGround” or “Company”) to Knox Lane. Terms of the sale were not disclosed. Headquartered in Dallas, TX, HighGround is a leading national platform offering water damage mitigation and restoration services to

FIS to Present at Upcoming Conference

Wed, 03/12/2025 - 16:58
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will present on Tuesday, Mar. 18, 2025, at the Bank of America Electronic Payments Symposium at 10:40 am ET. A live audio webcast, as well as a replay, will be accessible on the Investor Relations section of FIS’ homepage, www.fisglobal.com. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the

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