Banking & Finance

Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

October 24, 2025 4:15 PM

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of September 30, 2025 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares...

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River City Bank Reports 2025 Third Quarter Net Income of $19.7 Million, Net Income of $47.4 Million Year to Date, and a Quarterly Cash Dividend

October 24, 2025 2:00 PM

River City Bank ("the Bank") reported net income of $19.7 million, or $13.56 per diluted share, for the quarter ended September 30, 2025, which compares to $16.2 million, or $11.09 per diluted share, for the same period in 2024. Net income was $47.4 million or $32.44 per diluted share for the nine months ended September 30, 2025, which compares to $52.1 million, or $35.38 per diluted share, for the nine months ended September 30, 2024. The...

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KeyBank Celebrates Opening of New, Full-Service Branch in Akron, Grant To Support a Local Non-Profit

October 24, 2025 9:30 AM

This week KeyBank held a grand opening and ribbon cutting for its new, full-service, state-of-the-art branch in Akron. The new Downtown Akron branch is located at 379 S. Main St. and several leaders from KeyBank and Akron attended the celebration. "On behalf of everyone at Key, I want to share how excited we are about the opportunity this new branch provides for us to become a pillar of downtown Akron, deepening relationships within the region,"...

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Wells Fargo Backs South Dallas Growth With $6.8 Million in Grants

October 24, 2025 9:30 AM

Fresh off the grand opening of its Las Colinas corporate campus, Wells Fargo is deepening its commitment to the Dallas-Fort Worth region with a $6.8 million philanthropic investment in South Dallas focused on neighborhood revitalization and economic growth. Led by Cornerstone CDC, Forest Forward, and St. Philip's School & Community Center, community organizations will use the funding from Wells Fargo for small business development, affordable...

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Volante Integrated Planning: Planning With Momentum

October 24, 2025 9:00 AM

For many financial planners, wealth accumulation is the only goal. But at Volante Integrated Planning, Principals Shane Frugé and Jennifer Steil, CFP®, ChFC®, RICP®, AEP®, WMCP®, CLU® believe that is only one piece of a successful financial plan. Their integrated approach focuses on wealth accumulation, distribution, preservation, and transfer. It is not how much a person makes; it is how much they keep. Proper planning should get the right...

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Pinetree Capital Ltd Announces Unaudited Financial Results for the Period Ended September 30, 2025

October 23, 2025 5:00 PM

Pinetree Capital Ltd. (TSX:PNP) ("Pinetree" or the "Company") today announced its financial results for the period ended September 30, 2025. All financial information provided in this press release is unaudited and all figures are in $'000 except per share amounts and shares outstanding. Unaudited financial results for the period ended September 30, 2025 The following information should be read in conjunction with our annual audited Consolidated...

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Avidbank Holdings, Inc. Announces Financial Results for the Third Quarter of 2025

October 23, 2025 4:15 PM

Avidbank Holdings, Inc. (NASDAQ:AVBH) (the "Company" or "Avidbank Holdings"), the holding company for Avidbank, a California state-chartered bank (the "Bank"), announced a net loss for the third quarter of 2025 of $37.7 million, or ($4.12) per diluted share, compared to net income of $5.8 million, or $0.75 per diluted share, for the second quarter of 2025 and $5.8 million, or $0.77 per diluted share, for the third quarter of 2024. Results for...

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JD Bancshares, Inc. Reports Financial Results for Q3 2025

October 23, 2025 4:15 PM

JD Bancshares, Inc. (the "Company"), (OTCQX:JDVB), the parent holding company of JD Bank (the "Bank"), reports its unaudited financial results for the three and nine-month periods ended September 30, 2025. Net income is $3,777,235 or $1.10 per share for the three-month period ended September 30, 2025, compared to $2,926,852 or $0.85 per share for the linked quarter ended June 30, 2025, and $3,706,103 or $1.08 per share for the three-month period...

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William Clawson Calls for Renewed Focus on Small Business Resilience and Financial Clarity

October 23, 2025 3:00 PM

William "Bill" Clawson, CEO of Endeavor Financial Insights LLC, is calling for renewed attention to small business financial resilience and accountability as inflation, rising costs, and labor challenges continue to test Main Street entrepreneurs. Clawson, recently featured in "William Clawson: From Montana Roots to Financial Leadership," shared insights from his decades of experience leading companies and industry organizations. His message is...

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Ethereum Investment Strategies Explained: Smart Contracts, Staking Yields, and Institutional Adoption Trends

October 23, 2025 1:30 PM

Nothing here is financial advice. Crypto assets involve risk. Speak with a licensed advisor before you invest. Pricing and terms change without notice. Always check the official website for the latest price and details. This article contains affiliate links. If you purchase through these links, a commission may be earned at no additional cost to you. Understanding Ethereum Investment Strategies: A Comprehensive Weiss Ratings Educational Guide In...

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Conatus Asset Management Services Acquisition of Common Shares of Gabriel Resources Ltd.

October 23, 2025 12:45 PM

On June 4, 2025, Conatus Asset Management Services ("Conatus") acquired 16,400,277 common shares ("Common Shares") in the capital of Gabriel Resources Ltd. (the "issuer") and 32,500 arbitration value rights of the issuer ("AVRs"), for an aggregate purchase price of USD$100,000, by private acquisition (the "Acquisition"). Under applicable Canadian securities legislation, Dag Cramer is deemed to be a joint actor with Conatus (the "Joint Actor")....

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Honoring 30 Years of Support for Families Facing Childhood Cancer and Blood Disorders

October 23, 2025 12:30 PM

For three decades, Aflac Incorporated has stood beside families navigating the unimaginable: a childhood cancer or blood disorder diagnosis. What began as a heartfelt pledge in 1995 has grown into a legacy of compassion, innovation and unwavering support for children and their caregivers. During the 30th anniversary celebration, Aflac leadership, including Aflac Chairman and CEO Dan Amos and Aflac Foundation President Kathelen Amos, joined...

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Weber Financial Group: Sophisticated Service, Global Reach

October 23, 2025 12:00 PM

"We've always put our clients' interests first," says Steve Weber, private wealth advisor and managing director of Weber Financial Group at UBS. "We have a very hands-on style, and we tailor each portfolio to match the client's needs and goals. This allows us to create wealth management plans that make sense for individuals and their families." Based in Newport Beach, Weber Financial Group is a highly experienced team within the Private Wealth...

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David Crownborn Calls for a Global Shift Toward Sustainable and Purpose-Driven Entrepreneurship

October 23, 2025 10:15 AM

Venture capitalist and hedge fund operator David Crownborn is raising awareness about the urgent need for a new approach to business success - one that prioritizes innovation, sustainability, and human-centered leadership over short-term gains. Drawing on insights from his recent feature "David Crownborn: The Venture Capitalist Redefining Global Investment," Crownborn is using his platform to encourage entrepreneurs, investors, and business...

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New World Bank Research in Partnership With the Mastercard Economics Institute

October 23, 2025 9:45 AM

Mastercard What happens to local businesses after a hurricane passes? A joint study by the Mastercard Economics Institute and The World Bank economist Leora Klapper found that merchants typically lose two days' worth of sales they never recover. The data show the greatest predictor of sales recovery isn't storm intensity, but merchant category. A digital sales channel, however, can make a difference. Read more here. About Mastercard Mastercard...

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Exit Strategies for Every Scenario

October 23, 2025 9:00 AM

Focused on fiscal growth, employee satisfaction, and other day-to-day concerns of running a company, many business owners aren't thinking about what will happen when they leave. In fact, data collected by the Exit Planning Institute in 2023 shows that even though 68% of business owners have sought business transition advice, 78% have no formal transition plan. The team at The ESOP Group at Morgan Stanley helps business owners and their advisors...

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PayQuicker Announces Flex, a Business-Ready Stablecoin Alternative for Global Payouts

October 23, 2025 9:00 AM

PayQuicker, a leader in global payouts orchestration, today announced PayQuicker Flex, a first-of-its-kind global payouts solution that redefines how businesses move money across borders. Flex empowers organizations to instantly distribute funds and automatically settle in more than 60 local currencies across 210 countries and territories, without the complexity, risk, or regulatory uncertainty associated with stablecoins. While stablecoins have...

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Hendren-Mattern Wealth Management Group: Six Heads Are Better Than One

October 23, 2025 9:00 AM

Long-time friends and colleagues Matthew Henden, Managing Director-Investments, and Erik Mattern, Managing Director-Investments, built Hendren-Mattern Wealth Management Group of Wells Fargo Advisors on a shared set of values. Raised in Orange County, these former Division I college baseball athletes developed a strong work ethic, learned to work under pressure, and experienced the importance of teamwork on the baseball field. These skills were...

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Carter Bankshares, Inc. Announces Third Quarter 2025 Financial Results

October 23, 2025 8:00 AM

Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $5.4 million, or $0.24 diluted earnings per share ("EPS"), for the third quarter of 2025 compared to net income of $8.5 million, or $0.37 diluted EPS, for the second quarter of 2025 and net income of $5.6 million, or $0.24 diluted EPS, for the third quarter of 2024. Net interest income was $33.7 million...

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Axcap Initiates Preliminary Economic Assessment on Converse Project, Targets Q2 2026 Completion

October 23, 2025 7:00 AM

Axcap Ventures Inc. (CSE:AXCP) ("Axcap" or the "Company") is pleased to announce that it has initiated a Preliminary Economic Assessment ("PEA") for the Converse Gold Project located in the prolific Battle Mountain Trend of Nevada. The PEA will be undertaken by Axcap's management in conjunction with leading industry consultants including SLR Consulting (Canada) Ltd ("SLR"), Kappes Cassidy & Associates ("KCA") and Sunstone Environmental...

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