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Northern Data Group Accelerates Focus on AI Solutions Business and Explores Potential Transaction of Mining Business
Banking & Financial ServicesRegulatory

Northern Data Group Accelerates Focus on AI Solutions Business and Explores Potential Transaction of Mining Business

October 21, 2024 2:00 AM

Northern Data AG (ETR:NB2 ) ("Northern Data Group", "Northern Data" or "the Group"), a leading provider of AI and High-Performance Computing (HPC) solutions, today announces that it is exploring the divestment of its heritage crypto mining business, Peak Mining.The potential divestment of Peak Mining will solidify Northern Data as a pure-play AI Solutions business, which includes Europe's largest Generative AI Cloud platform, and a portfolio of...

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Sturgis Bancorp, Inc. Reports Financial Results for Third Quarter 2024
Banking & Financial ServicesEarnings

Sturgis Bancorp, Inc. Reports Financial Results for Third Quarter 2024

October 18, 2024 2:15 PM

Sturgis Bancorp, Inc. (OTCQX:STBI) today reported for the third quarter of 2024:Key Quarterly HighlightsNet income was $1.5 million.Earnings per share of $0.72.Paid dividend of $0.17 per share.Total assets increased to $948 million.Deposits increased to $809 million.Credit quality remains strong, with 98.34% of loans performing according to loan agreements.The Bank maintained strong capital ratios, exceeding "well-capitalized" requirements, with...

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Targeted Lending Fuels Industry Growth and Expands Educational Opportunities
Banking & Financial ServicesEarnings

Targeted Lending Fuels Industry Growth and Expands Educational Opportunities

October 18, 2024 2:00 PM

Reports a 30% Increase in Originations quarter-to-date.BUFFALO, NY / ACCESSWIRE / October 18, 2024 / Targeted Lending is on track for substantial portfolio growth, reporting a 71% increase over the previous year and aiming for 100% year-over-year expansion."This impressive growth reflects our commitment to building a talented team and investing in cutting-edge, solution-driven technology. Since launching our enhanced Broker Portal earlier this...

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Notice of Termination of Invitation to Voluntary Tender to Certain Holders of Nebius Group N.V. Class A Ordinary Shares Dated 16/10/2024
Banking & Financial ServicesMergers and Acquisitions

Notice of Termination of Invitation to Voluntary Tender to Certain Holders of Nebius Group N.V. Class A Ordinary Shares Dated 16/10/2024

October 18, 2024 12:30 PM

LIMASSOL, CYPRUS / ACCESSWIRE / October 18, 2024 / ROEMER CAPITAL (EUROPE) LIMITED:Notice of Termination of Invitation to Voluntary Tender to certain holders of Nebius Group N.V. Class A Ordinary Shares, ISIN: NL0009805522, CUSIP: N97284108, SEDOL:B5BSZB3, Bloomberg: NBIS US ("Shares").This notice of termination is given pursuant to Section 8 of the Invitation to Voluntary Tender Memorandum dated 16 October 2024 (the " Memorandum "). The...

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
Banking & Financial ServicesDividends

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

October 18, 2024 12:10 PM

Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable December 13, 2024, to stockholders of record at the close of business on November 15, 2024. This declaration continues the quarterly dividend at the highest level in the Company's history.About Sturgis Bancorp, Inc.Sturgis Bancorp, Inc. is the holding company for Sturgis Bank & Trust Company (the Bank),...

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5 Things Parents Should Teach Their Kids About Finances
Banking & Financial ServicesCompany Update

5 Things Parents Should Teach Their Kids About Finances

October 18, 2024 12:00 PM

NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Finance is an important part of our lives, but some aspects may not be thoroughly taught in schools. That's why it's important for parents to help educate their kids on how to manage money.It can be helpful for children to have a basic understanding of money basics like budgeting, credit cards, personal loans, and saving. By prioritizing having conversations about money with your kids, you can help...

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KBKG Announces New DFW Office Location to Support Growing Client Base
Banking & Financial ServicesCompany Update

KBKG Announces New DFW Office Location to Support Growing Client Base

October 18, 2024 11:00 AM

Expanding Footprint to Enhance Services and Client Accessibility in the RegionIRVING, TX / ACCESSWIRE / October 18, 2024 / KBKG, a leading provider of tax services and solutions, is excited to announce the relocation of its DFW office to a new, expanded location at 1400 Corporate Drive, Suite #225, Irving, TX 75038. This move reflects KBKG's continued growth and commitment to serving clients across Texas and the broader Southern region with...

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My Special Aflac Duck(R) Lands in the Big Apple
Banking & Financial ServicesEnvironmental, Social and Governance

My Special Aflac Duck(R) Lands in the Big Apple

October 18, 2024 10:35 AM

Originally published on Aflac NewsroomNORTHAMPTON, MA / ACCESSWIRE / October 18, 2024 / In September - honoring Childhood Cancer and Sickle Cell Awareness Month - My Special Aflac Duck® found its way to New York City, delivering smiles to pediatric cancer and sickle cell patients at The Children's Hospital at Montefiore Einstein in the Bronx.In partnership with Sunrise Day Camp, Aflac also gave these children and their families a day of fun...

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Northern Trust Names Srilatha Lakkaraju Director of Charitable Giving Solutions
Banking & Financial ServicesEnvironmental, Social and Governance

Northern Trust Names Srilatha Lakkaraju Director of Charitable Giving Solutions

October 18, 2024 10:00 AM

CHICAGO, IL / ACCESSWIRE / October 18, 2024 / Northern Trust announced today that Srilatha Lakkaraju has joined the Foundation & Institutional Advisors (FIA) practice as the Director of Charitable Giving Solutions. In this role, Lakkaraju will oversee the national strategy and implementation of the Donor Advised Fund and Private Foundation Administration solutions.Prior to joining Northern Trust, Lakkaraju was a Senior Vice President,...

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Chesapeake Bank Adds Tenured Bank Executive Ron Andrews to Bank's Board of Directors
Banking & Financial ServicesCompany Update

Chesapeake Bank Adds Tenured Bank Executive Ron Andrews to Bank's Board of Directors

October 18, 2024 9:30 AM

Chesapeake Bank (OTCQX:CPKF) is pleased to announce the addition of Ron Andrews to the bank's Board of Directors. Ron is an experienced senior bank operations leader who has built and led banking businesses and operations in the United States and the United Kingdom during the course of his 37-year career. Ron has served on Chesapeake Bank's Technology Advisory Board since 2016. He also currently serves as an Executive Partner in the Mason School...

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Forbes Recognizes Magnus Financial Group in its Ranking of Top RIA Firms 2024
Banking & Financial ServicesAwards

Forbes Recognizes Magnus Financial Group in its Ranking of Top RIA Firms 2024

October 18, 2024 9:00 AM

NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Magnus Financial Group LLC, a registered investment advisory (RIA) firm based in New York City, has gained further recognition within the financial services industry after earning a place on Forbes among America's Top RIA firms 2024. The third annual Forbes/Shook® Top RIA list highlights firms that have strong track records when it comes to stewarding client wealth and preserving it for the long...

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Resolutions at the extraordinary general meeting of Hilbert Group AB (publ)
Banking & Financial ServicesShareholder Meeting

Resolutions at the extraordinary general meeting of Hilbert Group AB (publ)

October 18, 2024 8:20 AM

STOCKHOLM, SE / ACCESSWIRE / October 18, 2024 / Hilbert Group (STO:HILB-B)(FRA:999) The extraordinary general meeting of Hilbert Group AB (publ) ("Hilbert Group") in Stockholm on 18 October 2024 (the "EGM") approved a part of the new issue of shares (the "Directed Issue") that was announced on 30 September 2024.The Directed Issue consists of in total 4,444,445 new B-shares at a subscription price of SEK 4.50 per share. The EGM approved that a...

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River City Bank Reports Net Income of $16.2 Million for the Third Quarter of 2024, Net Income of $52.1 Million Year to Date, and a Quarterly Cash Dividend
Banking & Financial ServicesEarnings

River City Bank Reports Net Income of $16.2 Million for the Third Quarter of 2024, Net Income of $52.1 Million Year to Date, and a Quarterly Cash Dividend

October 17, 2024 6:00 PM

River City Bank Reports Net Income for Third Quarter of 2024SACRAMENTO, CA / ACCESSWIRE / October 17, 2024 / River City Bank (the Bank) reported net income of $16.2 million, or $11.08 per diluted share, for the quarter ended September 30, 2024, compared to $16.3 million, or $10.94 per diluted share, for the same period in 2023. Net income was $52.1 million or $35.38 per diluted share for the nine months ended September 30, 2024, which compares...

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FineMark Holdings, Inc. Reports Third Quarter 2024 Earnings
Banking & Financial ServicesEarnings

FineMark Holdings, Inc. Reports Third Quarter 2024 Earnings

October 17, 2024 5:00 PM

FineMark Holdings, Inc. (OTCQX:FNBT), the parent company of FineMark National Bank & Trust has released its third quarter 2024 financial results. Results can be found on the Bank's website at https://www.finemarkbank.com/2024q3earnings/.FineMark Holdings, Inc. is the parent company of FineMark National Bank & Trust. Founded in 2007, FineMark is a nationally chartered bank and trust company, headquartered in Florida. Through its offices located...

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Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Third Quarter Ending September 30, 2024
Banking & Financial ServicesEarnings

Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Third Quarter Ending September 30, 2024

October 17, 2024 4:30 PM

NEW YORK, NY / ACCESSWIRE / October 17, 2024 / Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the third quarter ending September 30, 2024 to 9:00am ET on Friday, November 1, 2024. Ares Management Corporation will report its earnings for the third quarter ending September 30, 2024 earlier that morning, prior to the opening of the New York Stock Exchange.All interested...

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Solera National Bancorp Announces Third Quarter 2024 Financial Results
Banking & Financial ServicesEarnings

Solera National Bancorp Announces Third Quarter 2024 Financial Results

October 17, 2024 4:00 PM

Solera National Bancorp, Inc. (OTC PINK:SLRK) ("Company"), the holding company for Solera National Bank ("Bank"), a business-focused bank located in the Denver metropolitan area, today reported financial results for the three months ended September 30, 2024. For the third quarter of 2024, net income was $5.5 million ($1.28 per share). Q3 2024 net interest income of $9.9 million increased $1.4 million or 17% from Q3 2023.3Q24 Financial...

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Community Bancorp. Reports Third Quarter 2024 Earnings
Banking & Financial ServicesEarnings

Community Bancorp. Reports Third Quarter 2024 Earnings

October 17, 2024 3:30 PM

Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the third quarter ended September 30, 2024, of $3.1 million or $0.55 per share, a decrease of $248,258 or 7.38%, compared to $3.4 million or $0.61 per share for the third quarter of 2023. Year to date earnings for 2024 are $8.7 million or $1.55 per share, a decrease of $1.2 million or 12.45%, compared to $9.9 million or $1.80 per share a year ago, with the 2024...

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MetaProp Accelerator at Columbia University Announces 2025 Program and Open Applications Period
Banking & Financial ServicesCompany Update

MetaProp Accelerator at Columbia University Announces 2025 Program and Open Applications Period

October 17, 2024 1:30 PM

MetaProp announced today the launch of applications for the 2025 MetaProp Accelerator at Columbia University, the world's premier PropTech Accelerator based in the heart of New York City. The flagship 22-week program connects up to 8 early-stage startups from around the world to award-winning investors, industry mentors, and diverse real estate, technology, and institutional partners. Entering its milestone 10th year, the MetaProp Accelerator...

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Bank of Idaho Holding Company Reports Third Quarter 2024 Financial Results
Banking & Financial ServicesEarnings

Bank of Idaho Holding Company Reports Third Quarter 2024 Financial Results

October 17, 2024 12:00 PM

IDAHO FALLS, ID / ACCESSWIRE / October 17, 2024 / Bank of Idaho Holding Company (the "Company") (OTCQX:BOID), the holding company for Bank of Idaho (the "Bank"), today announced its unaudited financial results for the quarter ended September 30, 2024. The Company reported consolidated net income of $3,864,000, or $0.86 per diluted share, for the third quarter of 2024. This compares to $2,586,000, or $0.58 per diluted share, for the second...

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University Bancorp, Inc. Issues $15 Mm of Senior Unsecured Notes
Banking & Financial ServicesCompany Update

University Bancorp, Inc. Issues $15 Mm of Senior Unsecured Notes

October 17, 2024 11:25 AM

ANN ARBOR, MI / ACCESSWIRE / October 17, 2024 / University Bancorp, Inc. (OTCQB:UNIB) announced that it has issued to institutional investors $15 million in Senior Unsecured Notes (the "Notes"). The Notes mature January 31, 2030. The Issue Price to Investors was at 100%, and the Notes pay interest fixed at 9.25% per annum. The Company may, at its option, beginning with the Interest Payment Date of January 31, 2028, but not prior thereto and on...

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