Lastest from Businesswire
Pacific Premier Named as One of the Best Banks in America by Forbes
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Named as One of the Best Banks in America by Forbes
Allegion’s Board Increases Quarterly Dividend by 6%
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.51 per ordinary share of the company – representing a 6% increase from 2024 and the company’s 11th consecutive annual dividend increase. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless access, with l
Shareholder Alert: Ademi & Fruchter LLP investigates whether ACELYRIN, INC. is obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating ACELYRIN (Nasdaq: SLRN) for possible breaches of fiduciary duty and other violations of law in its transaction with Alumis. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, ACELYRIN stockholders will receive only 0.4274 shares of Alumis common stock for each share of AC
ASPEN TECHNOLOGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aspen Technology, Inc. - AZPN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aspen Technology, Inc. (NasdaqGS: AZPN) to Emerson Electric Co. (NYSE: EMR). Under the terms of the proposed transaction, shareholders of Aspen will receive $265.00 in cash for each share of Aspen that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,
Concord Technologies Appoints William Cavanaugh as CEO
SEATTLE--(BUSINESS WIRE)--William Cavanaugh named CEO of Concord, a leader in Secure Document Exchange, Intelligent Document Processing, and Interoperability in healthcare.
Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Commercial Banking Teams
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Wells Fargo (NYSE: WFC) has launched a commercial banking platform designed to improve bankers’ ability to serve commercial clients, and increase collaboration and efficiency. “Wells Fargo is committed to delivering superior value to our commercial banking clients,” said Mary Katherine Dubose, EVP and Head of Commercial Banking Speci
Victory Capital Reports Record Fourth-Quarter and Full-Year Earnings Per Share
SAN ANTONIO, Texas--(BUSINESS WIRE)--Victory Capital Reports Record Fourth-Quarter and Full-Year Earnings Per Share
Piper Sandler Companies Announces Share Repurchase Authorization
MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, announced today that its board of directors has authorized the repurchase of up to $150 million of the company's outstanding common stock. This authorization is effective immediately and will expire on December 31, 2026. The share repurchase program will be used as part of the company’s capital allocation strategy, which includes returning capital to its shareholders, and to offset the dilutive effect
KBRA Assigns Preliminary Ratings to Radian Mortgage Capital Trust 2025-J1 (RMCT 2025-J1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 50 classes of mortgage pass-through certificates from Radian Mortgage Capital Trust 2025-J1 (RMCT 2025-J1), which is backed by primarily prime jumbo mortgages with an aggregate principal balance of approximately $372.9 million as of the February 1, 2025 cut-off date. The pool comprises 474 first-lien, fixed rate residential mortgage loans, and is characterized by notable borrower equity in each property as evidenced by the WA origin
COPT Defense Establishes 2025 Guidance
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) is establishing the following guidance for the year ending December 31, 2025: 2025 Guidance Diluted earnings per share (“EPS”) in the range of $1.27−$1.35; and Diluted FFO per share (“FFOPS”) - Nareit and as adjusted for comparability, in the range of $2.62−$2.70. 1Q25 Guidance For the quarter ending March 31, 2025, the Company is establishing the following guidance: EPS in the range of $0.31−$
Eagle Point Income Company Inc. Schedules Release of Fourth Quarter 2024 and Year-End 2024 Financial Results on Thursday, February 20, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2024 on Thursday, February 20, 2025. The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time). Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chie
Reinsurance Group of America Reports Fourth Quarter and Full Year Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported fourth quarter net income available to RGA shareholders of $148 million, or $2.22 per diluted share, compared with $158 million, or $2.37 per diluted share, in the prior-year quarter. Adjusted operating income and adjusted operating income, excluding notable items for the fourth quarter totaled $334 million, or $4.99 per diluted share, compared w
Angel Oak Mortgage REIT, Inc. Declares Quarterly Common Stock Dividend
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced that its Board of Directors has declared a quarterly cash dividend. Common Stock Dividend The Board has declared a dividend of $0.32 per share of common stock. The dividend is payable on February 28th, 2025 to common
Eagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2024 and Year-End 2024 Financial Results on Thursday, February 20, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2024 on Thursday, February 20, 2025. The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time). Thomas P. Majewski, Chief Executive Officer, will host the call along with Kenneth P. Onorio, Chief Fin
Pathward Appoints Anjana Berde as Executive Vice President and Chief People and Culture Officer
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward appoints Anjana Berde as Executive Vice President and Chief People and Culture Officer.
Principal Financial Group Announces Full Year and Fourth Quarter 2024 Results as well as 2025 Outlook
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24 Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92 Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53 Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP operat
Affirm Reports Second Fiscal Quarter 2025 Results
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2025 second quarter ended December 31, 2024. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the “Events and Presentations” section of the Company’s investor relations website at https://investors.affirm.com/. Affirm
Blend to Announce Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that the Company’s fourth quarter and full year 2024 financial results will be released after market close on Thursday, February 27, 2025. The Company will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. A link to the live call can be accessed at the Company’s Investor Relations website at investor.blend.com, alon
Block Names Anthony Eisen, Co-Founder of Afterpay and CEO of Reshop, to Board of Directors
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Today Block, Inc. (NYSE: XYZ) announced that Anthony Eisen, Co-Founder of Afterpay and CEO of Reshop, has joined its Board of Directors. “Working closely with Block’s leadership through Afterpay’s integration, I’ve seen the company’s commitment to economic empowerment and its focus on providing sellers and customers with innovative, relevant financial services solutions,” said Eisen. “I’m honored to join the Board and look forward to cont
Essential Properties Realty Trust, Inc. Announces Expanded $2.3 Billion Unsecured Credit Facility
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), announced today that the Company has closed an amendment to its existing senior unsecured credit facility. After giving effect to the amendment, the Company’s amended and restated credit facility consists of a $1.0 billion unsecured revolving credit facility and three existing term loans with a combined balance of $1.3 billion. The revolving credit facility matures in