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BayCom Corp Reports 2024 Fourth Quarter Earnings of $6.1 Million

Thu, 01/23/2025 - 18:33
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024, compared to earnings of $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024 and $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023. Net income for the fourth quarter of 2024 com

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

Thu, 01/23/2025 - 18:33
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 20, 2025 to all shareholders of record as of the close of business on February 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is

Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share

Thu, 01/23/2025 - 18:33
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share

Byline Bancorp, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Thu, 01/23/2025 - 18:33
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported:       At or For the quarter   Full Year Highlights (compared to prior year)     4Q24   3Q24   4Q23 Financial Results ($ in thousands)                     • Net income increased $12.9 million, or 11.9% Net interest income   $ 88,524   $ 87,455   $ 86,285     Non-interest income     16,149     14,385     14,503   • Net interest income up $17.4 million, or 5.3%; NIM of 3.97% Total revenue(1)     104,673     101,840     100,

QuinStreet Sets Date to Announce Fiscal Second Quarter 2025 Financial Results

Thu, 01/23/2025 - 18:33
FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced it will report financial results for its second quarter ended December 31, 2024 after the market closes on Thursday, February 6, 2025. On that day, management will hold a conference call and webcast at 2:00 PM PT to review and discuss the company’s results. What: QuinStreet Fiscal Second Quarter 2025

Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders

New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2024 Earnings Release and Conference Call

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter and year ended December 31, 2024 on Wednesday, February 26, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, February 27, 2025. During the live conference call, the Company’s officers will review the fourth quarter and year ended December

Intellinetics Expands Partnership with Skyward to Include Payables Automation Solution for K-12 School Districts

Thu, 01/23/2025 - 18:33
COLUMBUS, Ohio--(BUSINESS WIRE)--Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, is proud to announce the growth of its IntelliCloud Payables Automation Solution (IPAS) into the K-12 market through an expansion of its partnership with Skyward, a school administration software provider committed to helping K-12 leaders spend less time on tasks and more time with students. The partnership builds on the existing collaboration established between Skyward and

BNY Mellon High Yield Strategies Fund Declares Dividend

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--On January 23, 2025, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on February 21, 2025, to shareholders of record at the close of business on February 6, 2025. The ex-dividend date is February 6, 2025. The previous dividend declared in December was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inves

Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2024 Results

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024 compared to $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024, and $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023. Mark DeFazio, President and Chief Executive Officer, commente

Farmers & Merchants Bank of Long Beach Reports 2024 Fourth Quarter and Full Year Results

Thu, 01/23/2025 - 18:33
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today reported financial results for the fourth quarter and full year ended December 31, 2024. “Profitable operations were achieved for both the fourth quarter and full 2024 year, demonstrating the Bank’s financial strength, resilience to the challenging external banking environment, and dedication to prudent financial management,” said W. Henry Walker, Chief Executive Officer

Coinbase Announces Date of Fourth Quarter and Full Year 2024 Financial Results

Thu, 01/23/2025 - 18:33
REMOTE-FIRST-COMPANY/CHICAGO--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2024 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, February 13, 2025, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day. Starting on February 6 at 9:00 a.m. PT, all share

Kinsale Capital Group Announces Fourth Quarter 2024 Earnings Release Date and Conference Call

Thu, 01/23/2025 - 18:33
RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group Announces Fourth Quarter 2024 Earnings Release Date and Conference Call

East West Bancorp Reports Record Net Income for Full Year 2024 of $1.2 Billion and Diluted Earnings Per Share of $8.33; Increases Dividend and Repurchase Authorization

Thu, 01/23/2025 - 18:33
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the full year and fourth quarter of 2024. Full year 2024 net income was $1.2 billion, or $8.33 per diluted share. Fourth quarter 2024 net income was $293 million, or $2.10 per diluted share. Full-year returns on average assets were 1.60%, returns on average common equity were 15.9%, and book value per share grew 12% year-o

Pierce & O’Neill Founders Celebrated in Lawdragon Hall of Fame and Flagship Guide

Thu, 01/23/2025 - 18:33
HOUSTON--(BUSINESS WIRE)--Pierce & O’Neill, LLP founders Jesse Pierce and Jack O’Neill have been listed among the top attorneys in the nation by Lawdragon’s most exclusive guide, the 500 Leading Lawyers in America for 2025. In addition, Mr. O’Neill has been inducted into the publication’s Hall of Fame. Mr. Pierce and Mr. O’Neill were honored among the nation’s top attorneys for their exceptional commercial litigation work. To be considered for the 500 Leading Lawyers in America guide, Lawdr

Easterly Government Properties Announces Tax Characteristics of Its 2024 Distributions

Thu, 01/23/2025 - 18:33
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly” or the “Company”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced the tax characteristics of the 2024 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to th

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Thu, 01/23/2025 - 18:33
STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on January 23, 2025, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share. The dividend is payable on March 31, 2025 to shareholders of record at the close of business on March 14, 2025. Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank,

MU INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Micron Technology, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)---- $MU #MU--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Micron Technology, Inc. (“Micron” or “the Company”) (NASDAQ: MU) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Micron se

Merriman Wealth Management to Join Focus Partners Wealth

Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., an interdependent partnership of wealth management, business management, and related financial services firms, today announced that it has entered into a definitive agreement under which Seattle, WA-based Merriman Wealth Management, LLC will join Focus Partners Wealth, LLC. This transaction is expected to close on February 1, 2025, subject to customary closing conditions. Upon completion of this transaction, Merriman is expected to add a

FVCBankcorp, Inc. Announces Fourth Quarter and Full Year 2024 Earnings

Thu, 01/23/2025 - 18:33
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (NASDAQ: FVCB) (the “Company”) today reported its financial results for the fourth quarter and full year of 2024. Fourth Quarter Selected Financial Highlights Net Income Increased 5% Compared to the Prior Quarter. Net income totaled $4.9 million, or $0.26 diluted earnings per share, for the quarter ended December 31, 2024, compared to net income of $4.7 million, or $0.25 diluted earnings per share, for the quarter ended September 30, 2024. Return

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