Flushing Financial Corporation Reports 3Q24 GAAP and Core EPS of $0.30 and $0.26, Respectively; Net Interest Income and NIM Increased QoQ

October 24, 2024 4:55 PM

Period End Loans and Average Total Deposits Increase QoQ. Third quarter 2024 GAAP and Core EPS were $0.30 and $0.26, compared to $0.26, and $0.25, respectively, a year ago. Insurance recoveries, discrete income tax items, and other events added $0.05 per share to 3Q24 EPS, while net interest recoveries on delinquent loans added another $0.03 per share. 3Q24 GAAP and Core NIM were 2.10% and 2.07%, up 5 bps and 4 bps QoQ, respectively. Average...

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Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2024

October 24, 2024 4:25 PM

POUGHKEEPSIE, NY / ACCESSWIRE / October 24, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the third quarter of 2024 of $8.1 million, compared to net income of $1.2 million for the third quarter of 2023. Loss per share was $0.75 for the third quarter of 2024, compared to diluted earnings per share of $0.11 for the same quarter of 2023. Net loss for the...

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

October 24, 2024 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, 2024 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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JD Bancshares, Inc. Reports Financial Results for Q3 2024

October 24, 2024 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, 2024.Net income is $3,706,103 or $1.08 per share for the three-month period ended September 30, 2024, compared to $3,028,833 or $0.88 per share for the linked quarter ended June 30, 2024 and $3,492,852 or $1.02 per share for the three-month period...

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OMNICOMMANDER Announces the Launch of CAMC Federal Credit Union's New Digital Branch

October 24, 2024 1:30 PM

OMNICOMMANDER, a leading provider of financial technology solutions, proudly announces the launch of CAMC Federal Credit Union's new digital branch. This innovative platform offers a suite of advanced digital tools to enhance member experience.The new digital branch features five cutting-edge services:CHATCOMMANDER: Our live chat feature offers real-time support from knowledgeable support agents, ready to assist with any inquiries or issues...

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Prisma Campaigns Introduces Seamless Direct Deposit Switch Feature for Credit Unions

October 24, 2024 12:00 PM

Prisma Campaigns, a leading marketing automation platform for financial institutions, is excited to announce the launch of its new Direct Deposit Switch (DDS) feature. This innovative solution simplifies the process for credit union members to transfer their direct deposits, addressing long-standing frustrations with slow, outdated systems and enhancing member engagement.Direct deposit is a cornerstone of a member's relationship with their...

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Insurance Agency Mergers and Acquisitions Down 10% YTD Despite Recent Uptick

October 24, 2024 11:37 AM

There were 535 announced insurance agency mergers and acquisitions through three quarters of 2024, down 10% from 594 in the same period in 2023, according to OPTIS Partners' M&A database. Deal activity is now 11% below the previous five-year average."Nevertheless, we've seen two quarters of increasing deal count after six consecutive quarters of the count falling," said Steve Germundson, a partner at OPTIS Partners, an investment banking and...

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Exclusive Markets Grandly Celebrates the Winner of the Range Rover Contest in Dubai

October 24, 2024 11:00 AM

DUBAI, UAE / ACCESSWIRE / October 24, 2024 / In a majestic celebration, Exclusive Markets, a leading international provider of online multi-asset trading and related services, honoured the winner of the Range Rover Contest. After three months of intense competition, the most skilled trader emerged victorious, driving away with the luxurious car, valued at $130,000. Who won the Grand Prize?Exclusive Markets team flew to Dubai and arranged a...

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Acquisition of Three High-Quality Assets Drive Diversified Business Development for Goldstream Investment

October 24, 2024 10:15 AM

Goldstream Investment Limited (Stock Code: 01328.HK) announced that the resolutions were unanimously passed at the extraordinary general meeting held on 21 October, 2024, for the signing of three agreements, including Feasible Result agreement, USFL agreement and TechStar agreement, the Company will acquire three high-quality assets of Hony Capital Group Limited with a total consideration of approximately US$38 million.This acquisition will not...

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Woodforest Acceptance Solutions Partners With Clym to Enhance Website Accessibility and Compliance With Consumer Privacy Regulations

October 24, 2024 10:00 AM

Woodforest Acceptance Solutions, a leading player in the financial services industry, is excited to announce a new strategic partnership with Clym, an all-in-one digital compliance solution that empowers merchants to navigate evolving regulatory demands by streamlining website accessibility and enhancing consumer data privacy regulations. This collaboration is set to empower merchants by making their online platforms more accessible and aligned...

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Powder Named to the 2024 CB Insights' List of the 100 Most Innovative Fintech Startups

October 24, 2024 9:30 AM

Powder, a fintech company that creates generative AI agents to automate time-consuming tasks, enabling wealth management firms to focus on serving clients and growing their businesses, today announced that it has been named by CB Insights to the seventh annual Fintech 100, showcasing the 100 most promising private fintech companies in the world."We know that artificial intelligence is the future of wealth management, so it is an honor to see our...

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$1B+ AUM RIA Falcon Wealth Adopts the Zoe Wealth Platform as Outsourced Growth Engine

October 24, 2024 8:00 AM

Zoe Financial, a robust digital wealth platform enabling RIAs to outsource their middle- and back-office functions, is excited to announce its partnership with Falcon Wealth, a $1B+ AUM firm based in California. Falcon adopted the Zoe Wealth Platform to efficiently onboard and manage a growing selection of mass-affluent client accounts with advanced tax-aware investment management. Falcon's mission is to provide its clients with the best path...

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Carter Bankshares, Inc. Announces Third Quarter 2024 Financial Results

October 24, 2024 8:00 AM

Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income of $5.6 million, or $0.24 diluted earnings per share ("EPS"), for the third quarter of 2024 compared to net income of $4.8 million, or $0.21 diluted EPS, for the second quarter of 2024 and net income of $3.6 million, or $0.16 diluted EPS, for the third quarter of 2023. The pre-tax pre-provision...

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ESSA Bancorp, Inc. Announces Fiscal Fourth Quarter, Full Year 2024 Financial Results

October 23, 2024 4:31 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 fourth quarter and full year ended September 30, 2024.Net income was $4.2 million, or $0.44 per diluted share, for the...

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Empowering Economic Growth: Ministry of Investments, Saudi Arabia, and SayeNvest Caps Advisory Limited Join Forces

October 23, 2024 1:15 PM

The Ministry of Investments, Saudi Arabia, and SayeNvest Caps Advisory Limited have forged a strategic partnership to drive economic growth and promote investment opportunities in Saudi Arabia.This landmark collaboration brings together the expertise and resources of two leading institutions dedicated to driving innovation, entrepreneurship, and sustainable development in the Kingdom. The MOU signifies a shared commitment to unlocking the full...

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Noda Introduces Pay & Go: an Orchestration Platform for Registration, KYC, and Payment Processing

October 23, 2024 11:45 AM

LONDON, ENGLAND / ACCESSWIRE / October 23, 2024 / Noda, a leading provider of open banking, is thrilled to introduce Pay & Go, a solution designed to streamline the user journey for merchants who require registration, KYC verification, and payment processing. Pay & Go simplifies this entire process into one seamless flow, helping merchants significantly boost their sign-up conversion rates. By enabling users to complete registration, verify...

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Chaser Celebrates a Decade of Revolutionizing Accounts Receivables with AI and Automation

October 23, 2024 11:15 AM

10 years of innovation and helping businesses recover over $30 billion in late paymentsLONDON, ENGLAND / ACCESSWIRE / October 23, 2024 / Chaser, the leading accounts receivable platform, is proud to mark its 10-year anniversary. What began in 2014 as a tool to automate overdue invoice reminders has evolved into a globally recognized platform, and has empowered over 7,000 businesses to manage credit control efficiently. In the past decade, Chaser...

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Canter Power Systems Continues Its National Expansion with Acquisition of Grasten Power Technologies

October 23, 2024 11:15 AM

Canter Power Systems ("Canter"), a Generac Power Pro Premier dealer, and one of the largest independent installers and service providers of residential backup power generators in the U.S., is pleased to announce the acquisition of Grasten Power Technologies ("Grasten"), a premier installer and service provider of home standby generators throughout Houston and the broader Texas market. This marks Canter's third add-on acquisition since partnering...

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Mastercard Expands the Priceless Planet Coalition’s Portfolio of Restoration Sites

October 23, 2024 11:10 AM

With three new restoration sites and six expanded projects, the Priceless Planet Coalition advances its global efforts towards its goal of funding the restoration of 100 million trees.MastercardNORTHAMPTON, MA / ACCESSWIRE / October 23, 2024 / Together with partners Conservation International and the World Resources Institute, Mastercard is expanding the Priceless Planet Coalition's global portfolio of restoration sites. The Coalition, comprised...

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Garnet Capital Hires New Managing Director

October 23, 2024 11:00 AM

Industry vet John Kirby to join Garnet's management teamHARRISON, NY / ACCESSWIRE / October 23, 2024 / Garnet Capital Advisors, a leading company in the loan sale market, is excited to announce the addition of a new member to their senior management team: John Kirby, CTPRP. This exciting new hire will be a Managing Director at Garnet, performing a variety of responsibilities and overseeing many internal projects to support growth. John Kirby's...

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