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Flushing Bank to Open New Branch Location in Jackson Heights
Banking & Financial ServicesCompany Update

Flushing Bank to Open New Branch Location in Jackson Heights

April 24, 2025 10:00 AM

Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today the upcoming opening of a new branch location in Jackson Heights, New York. The new branch located at 37-44 74th Street is expected to open in May 2025.This new location will provide convenient access to Flushing Bank's comprehensive suite of financial products and services tailored to meet the needs of the...

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Aegis Capital Corp. Announces the Hiring of a New Managing Director
Banking & Financial ServicesCompany Update

Aegis Capital Corp. Announces the Hiring of a New Managing Director

April 24, 2025 9:15 AM

Aegis Capital Corp., - Aegis Capital Corp. (www.aegiscapcorp.com)a full-service wealth management, financial services and investment banking firm is pleased to announce Patrick Moriarty has joined the firm as a Managing DirectorPatrick Moriarty is a seasoned financial advisor with over 20 years of experience in helping executives, entrepreneurs, individuals, and families achieve their financial goals. With a deep understanding of investment...

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Carter Bankshares, Inc. Announces First Quarter 2025 Financial Results
Banking & Financial ServicesEarnings

Carter Bankshares, Inc. Announces First Quarter 2025 Financial Results

April 24, 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 $9.0 million, or $0.39 diluted earnings per share ("EPS"), for the first quarter of 2025 compared to net income of $8.3 million, or $0.36 diluted EPS, for the fourth quarter of 2024 and net income of $5.8 million, or $0.25 diluted EPS, for the first quarter of 2024. Pre-tax pre-provision income1 was $9.0...

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Veem and LianLian Global Partner to Deliver Seamless Cross-Border Payment Solutions
Banking & Financial ServicesPartnerships

Veem and LianLian Global Partner to Deliver Seamless Cross-Border Payment Solutions

April 24, 2025 7:00 AM

Veem, a leading global payments platform, has announced a strategic partnership with LianLian Global, a comprehensive and innovative enterprise in payment finance and services. This collaboration marks a pivotal step in Veem's ongoing mission to simplify international transactions for small and midsize businesses around the world.Leveraging Veem's expertise in Western markets and LianLian Global's strong presence across Asia, this partnership...

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White Cloud Wealth Management Shares Smart Tax Strategy for Charitable Giving: Bunching Deductions
Banking & Financial ServicesCompany Update

White Cloud Wealth Management Shares Smart Tax Strategy for Charitable Giving: Bunching Deductions

April 24, 2025 12:00 AM

High-income earners and charitably inclined individuals now have a powerful tool for optimizing their tax returns: bunching. In a new post by Wealth Management Advisor Jacob Nye, White Cloud Wealth Management outlines how strategic itemizing and timing of charitable contributions can significantly reduce taxable income."Itemizing and Bunching: A Smart Tax Strategy for Charitable Giving" breaks down how this method works, who benefits most, and...

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Infinity Bancorp Announces Quarterly Cash Dividend
Banking & Financial ServicesDividends

Infinity Bancorp Announces Quarterly Cash Dividend

April 23, 2025 7:55 PM

Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.09 per common share, payable May 23, 2025 to shareholders of record on May 9, 2025.Infinity Bank is the sole subsidiary of Infinity Bancorp. Infinity Bancorp, formed on October 21, 2022, is the bank...

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Commencement Bancorp, Inc. (CBWA) Announces First Quarter 2025 Results
Banking & Financial ServicesCompany Update

Commencement Bancorp, Inc. (CBWA) Announces First Quarter 2025 Results

April 23, 2025 6:25 PM

Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company", "we," or "us"), the parent company of Commencement Bank (the "Bank") reported net income of $1.3 million, or $0.34 per share, for the first quarter of 2025, compared to $539,000, or $0.14 per share, for the fourth quarter of 2024 and $738,000, or $0.19 per share, for the first quarter of 2024.During the fourth quarter of 2024, the Bank executed two strategic measures impacting financial...

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Dealing With Debt Introduces First-Ever Social Platform to Tackle Financial Stress
Banking & Financial ServicesCompany Update

Dealing With Debt Introduces First-Ever Social Platform to Tackle Financial Stress

April 23, 2025 5:05 PM

In honor of Financial Literacy Month, Dealing With Debt is thrilled to launch its pioneering social platform, built to help individuals reduce financial stress, build confidence, and achieve lasting financial stability. This unique space merges expert guidance, practical tools, and a judgement-free supportive community for users wherever they are on their financial path. With nearly 70% of Americans experiencing financial anxiety and over...

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Peoples Financial Corporation Reports Results for the First Quarter of 2025
Banking & Financial ServicesEarnings

Peoples Financial Corporation Reports Results for the First Quarter of 2025

April 23, 2025 5:00 PM

Peoples Financial Corporation (the "Company") (OTCQX:PFBX), parent of The Peoples Bank (the "Bank"), announced earnings for the first quarter ending March 31, 2025.First Quarter EarningsNet income for the first quarter of 2025 decreased $1,105,000 to $1,310,000 compared to net income of $2,415,000 for the first quarter of 2024. The earnings per weighted average common share for the first quarter of 2025 were $0.28 compared to earnings per...

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Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share
Banking & Financial ServicesEarnings

Old Second Bancorp, Inc. Reports First Quarter 2025 Net Income of $19.8 Million, or $0.43 per Diluted Share

April 23, 2025 4:42 PM

Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the first quarter of 2025. Our net income was $19.8 million, or $0.43 per diluted share, for the first quarter of 2025, compared to net income of $19.1 million, or $0.42 per diluted share, for the fourth quarter of 2024, and net income of $21.3 million, or...

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ESSA Bancorp, Inc. Announces Fiscal Second Quarter and Fiscal First Half 2025 Financial Results
Banking & Financial ServicesEarnings

ESSA Bancorp, Inc. Announces Fiscal Second Quarter and Fiscal First Half 2025 Financial Results

April 23, 2025 4:35 PM

ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.2 billion asset financial institution providing full service commercial and retail banking, asset management and trust, and investment services in eastern Pennsylvania, today announced financial results for the fiscal second quarter and fiscal first half periods ended March 31, 2025.Net income was $2.7 million, or $0.29 per diluted...

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Kingsway Publishes Updated Investor Presentation to Company Website
Banking & Financial ServicesCompany Update

Kingsway Publishes Updated Investor Presentation to Company Website

April 23, 2025 4:05 PM

Kingsway Financial Services Inc. (NYSE:KFS) ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that a new investor presentation has been published to the Company's website. The presentation, which provides a comprehensive review of the Company's business and strategy, can be accessed and downloaded by visiting the investor relations section of...

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MSL Enters the European Employee Benefits Market With New Clients in Europe
Banking & Financial ServicesCompany Update

MSL Enters the European Employee Benefits Market With New Clients in Europe

April 23, 2025 2:10 PM

MSL is excited to announce it has entered the Employee Benefits Market ("EBM") in Europe, covering meal vouchers and employee benefit solutions, through a multi-year agreement with a new client in Southern Europe. Globally, the EBM is worth over USD$68 billion and is expected to grow by USD$37 billion between 2024 to 20302. Europe represents 38%  of this market, or in excess of USD $26 billion per annum, making it one of the largest prepaid...

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River City Bank Announces Changes to the Board of Directors
Banking & Financial ServicesCompany Update

River City Bank Announces Changes to the Board of Directors

April 23, 2025 1:00 PM

River City Bank announced changes to its Board of Directors today. Elaine Lintecum is retiring from the Board effective April 22, 2025. Ms. Lintecum, former CFO of McClatchy Media, a national newspaper and digital news publisher headquartered in Sacramento, joined the Board in 2016. "Elaine was a great asset to our board, bringing extensive experience in accounting, finance, treasury management, auditing, and M&A," said River City Bank President...

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BNB Lending Launches to Simplify Short-Term Rental Financing for Real Estate Investors Nationwide
Banking & Financial ServicesCompany Update

BNB Lending Launches to Simplify Short-Term Rental Financing for Real Estate Investors Nationwide

April 23, 2025 1:00 PM

Real estate investors now have a smarter financing partner with the launch of BNB Lending, a company built by investors to offer simplified, property-focused lending solutions for Airbnb, VRBO, and other short-term rental properties.Traditional lenders often don't understand the unique needs of short-term rental investors. BNB Lending changes that by offering tailored financing programs that evaluate loan approvals based on a property's income...

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What Happens if You Can’t Afford Your Car Loan?
Banking & Financial ServicesCompany Update

What Happens if You Can’t Afford Your Car Loan?

April 23, 2025 1:00 PM

NEW YORK CITY, NY / ACCESS Newswire / April 23, 2025 / While most of us do our best to stay on top of our finances, circumstances can change in an instant. The inability to meet a financial obligation like a car loan can be the result of any number of events, including financially overextending yourself. This could happen with a personal loan to buy a car or with dealer financing. If you find yourself in one of these difficult situations, there...

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River City Bank Reports 2025 First Quarter Net Income of $12.3 Million and a Quarterly Cash Dividend
Banking & Financial ServicesEarnings

River City Bank Reports 2025 First Quarter Net Income of $12.3 Million and a Quarterly Cash Dividend

April 23, 2025 12:00 PM

River City Bank (the Bank) reported net income of $12.3 million, or $8.39 per diluted share, for the quarter ended March 31, 2025, which compares to $18.7 million, or $12.63 per diluted share, for the same period in 2024. The Bank's earnings for the quarter ended March 31, 2025 resulted in a 10.0% return on equity capital and 0.93% return on assets. The Bank's book value per share rose to $345 as of March 31, 2025 from $299 per share as of March...

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Coastal Carolina Bancshares, Inc. Reports First Quarter Earnings
Banking & Financial ServicesEarnings

Coastal Carolina Bancshares, Inc. Reports First Quarter Earnings

April 23, 2025 11:35 AM

Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the first quarter of 2025. The Company reported net income of $2,377,289 or $0.38 per share for the three months ended March 31, 2025, compared to $2,663,997 or $0.42 per share for the prior quarter ended December 31, 2024, and $1,650,696 or $0.26 per share for three months ended March...

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White Cloud Wealth Management Educates Widows and Families on Maximizing Social Security Survivors Benefits
Banking & Financial ServicesCompany Update

White Cloud Wealth Management Educates Widows and Families on Maximizing Social Security Survivors Benefits

April 23, 2025 11:30 AM

Understanding Social Security survivors benefits can mean the difference between long-term financial confidence and missed income opportunities. White Cloud Wealth Management, a Meridian-based fiduciary financial planning firm, is shedding light on this essential benefit for widows, widowers, and families following the loss of a loved one."Survivors benefits are one of the most powerful-and misunderstood-tools available to widowed spouses and...

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Empowering Leaders for a Changing World
Banking & Financial ServicesEnvironmental, Social and Governance

Empowering Leaders for a Changing World

April 23, 2025 11:30 AM

Each year, we orchestrate the Global Inclusive Growth Summit to power conversations, propel progress and produce change. But as we prepare for Thursday's summit in Washington, D.C., the challenges are more complicated and require more collaboration.More than ever, this summit is a platform for new ways of thinking, more agile strategies and more flexible partnerships purpose-built for the world as it is now - and strong enough to shape how it...

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