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Pinetree Capital Ltd Announces Unaudited Financial Results for the Period Ended June 30, 2024
Banking & Financial ServicesEarnings

Pinetree Capital Ltd Announces Unaudited Financial Results for the Period Ended June 30, 2024

July 25, 2024 5:01 PM

Pinetree Capital Ltd. (TSX:PNP) ("Pinetree" or the "Company") today announced its financial results for the three month period ended June 30, 2024. 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 June 30, 2024The following information should be read in conjunction with our annual audited Consolidated...

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ALKEME Acquires Morris & Templeton Insurance
Banking & Financial ServicesMergers and Acquisitions

ALKEME Acquires Morris & Templeton Insurance

July 25, 2024 4:32 PM

Strategic acquisition enhances service offerings and expands presence in the southeastern U.S.LADERA RANCH, CA / ACCESSWIRE / July 25, 2024 / ALKEME, a Top 40 Insurance Brokerage, announced the acquisition of Morris & Templeton Insurance, one of Savannah's largest and most respected insurance agencies. This strategic acquisition strengthens ALKEME's presence in the Georgia market and aligns with ALKEME's mission to expand its southeastern...

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Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended June 30, 2024
Banking & Financial ServicesEarnings

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

July 25, 2024 4:25 PM

POUGHKEEPSIE, NY / ACCESSWIRE / July 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2024 of $975,000 ($0.09 per basic and diluted share), which was $456,000, or 31.9% less than the comparable prior year period of $1.4 million ($0.13 per basic and diluted share). Net income for the six months ended June 30, 2024 of $2.1...

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JD Bancshares, Inc. Announces Q2 2024 Financial Results
Banking & Financial ServicesEarnings

JD Bancshares, Inc. Announces Q2 2024 Financial Results

July 25, 2024 4:15 PM

JENNINGS, LA / ACCESSWIRE / July 25, 2024 / 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 six- month periods ended June 30, 2024.Net income for the three-month period ended June 30, 2024 is $3,028,833 or $0.88 per common share compared to $3,652,396 or $1.07 per common share for the linked quarter ended March 31, 2024 and $3,216,519...

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

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

July 25, 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 June 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 Management...

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U.S. Soy Meets Consumer Demand
Banking & Financial ServicesEnvironmental, Social and Governance

U.S. Soy Meets Consumer Demand

July 25, 2024 2:30 PM

As one of the few complete plant proteins, soy remains a top pick to meet rising demand.NORTHAMPTON, MA / ACCESSWIRE / July 25, 2024 / The food industry is undergoing a significant transformation, propelled by the burgeoning popularity of plant-based proteins, as consumers increasingly prioritize health and sustainability.The plant-based protein industry is predicted to grow to an $42.5 billion market by 2034, up from $18.6 billion in 2024. This...

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Prisma Campaigns Launches New Generative AI Features
Banking & Financial ServicesProduct Announcements

Prisma Campaigns Launches New Generative AI Features

July 25, 2024 11:00 AM

MIAMI, FL / ACCESSWIRE / July 25, 2024 / Prisma Campaigns, a leading provider of innovative marketing solutions for financial institutions, is thrilled to announce the launch of its latest generative AI features. These new tools are set to streamline how marketers create email subjects, generate images for emails and banner ads, and produce compelling copy for various communications.Generative AI: A Game-Changer for MarketingGenerative AI is...

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Trinity Bank Reports 2024 2Q Results - Return on Assets 1.80% and Return on Equity 15.68%
Banking & Financial ServicesEarnings

Trinity Bank Reports 2024 2Q Results - Return on Assets 1.80% and Return on Equity 15.68%

July 25, 2024 10:00 AM

Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the three months ending June 30, 2024, and YTD results for the six months ending June 30, 2024.Results of OperationsTrinity Bank, N.A. reported Net Income after Taxes of $2,154,000 or $1.91 per diluted common share for the first quarter of 2024, compared to $1,973,000 or $1.73 per diluted common share for the second quarter of 2023, an increase of 10.4%.For the first six...

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U.S. Bank Once Again Earns Top Score for Disability Inclusion
Banking & Financial ServicesDiversity, Equity and Inclusion

U.S. Bank Once Again Earns Top Score for Disability Inclusion

July 25, 2024 9:45 AM

The Disability Equality Index is the most comprehensive benchmarking tool for the Fortune 1000 and Am Law 2001 to measure disability workplace inclusionNORTHAMPTON, MA / ACCESSWIRE / July 25, 2024 / U.S. Bank Originally published on U.S. Bank company blogFor the seventh consecutive year, U.S. Bank earned a score of 100 on the Disability Equality Index® and is an American Association of People with Disabilities and Disability:IN "Best Place to...

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Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results
Banking & Financial ServicesEarnings

Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results

July 25, 2024 8:00 AM

MARTINSVILLE, VA / ACCESSWIRE / July 25, 2024 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income of $4.8 million, or $0.21 diluted earnings per share ("EPS"), for the second quarter of 2024 compared to net income of $5.8 million, or $0.25 diluted EPS, in the first quarter of 2024 and net income of $5.7 million, or $0.24 diluted EPS, for the second...

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BHG Financial’s CHRO, Katie Barnes, Selected as 2024 ‘40 Under 40’ Award Winner by South Florida Business Journal
Banking & Financial ServicesAwards

BHG Financial’s CHRO, Katie Barnes, Selected as 2024 ‘40 Under 40’ Award Winner by South Florida Business Journal

July 25, 2024 7:00 AM

Award acknowledges leaders making an impact on their organizations and communitiesDAVIE, FL / ACCESSWIRE / July 25, 2024 / BHG Financial (BHG), a national provider of innovative financial solutions for high-earning professionals, consumers, and financial institutions for over 23 years, announced that Katie Barnes, Chief Human Resources Officer (CHRO), has been named to the South Florida Business Journal's (SFBJ) 40 under 40 list. This program...

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ESSA Bancorp, Inc. Announces Fiscal Third Quarter and Fiscal Nine Months 2024 Financial Results
Banking & Financial ServicesEarnings

ESSA Bancorp, Inc. Announces Fiscal Third Quarter and Fiscal Nine Months 2024 Financial Results

July 24, 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 third quarter and fiscal nine months periods ended June 30, 2024.Net income was $3.9 million, or $0.41 per diluted...

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Oak View Bankshares, Inc. Announces Another Strong Quarter of Performance
Banking & Financial ServicesEarnings

Oak View Bankshares, Inc. Announces Another Strong Quarter of Performance

July 24, 2024 3:30 PM

WARRENTON, VA / ACCESSWIRE / July 24, 2024 / Oak View Bankshares, Inc. (the "Company") (OTC Pink:OAKV), parent company of Oak View National Bank (the "Bank"), reported net income of $1.83 million for the quarter ended June 30, 2024, compared to net income of $1.03 million for the quarter ended June 30, 2023, an increase of 76.89%. Net income for the six months ended June 30, 2024, was $3.17 million, compared to $2.05 million for the six months...

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Community Bancorp. Reports Second Quarter 2024 Earnings And Announces Stock Repurchase Program
Banking & Financial ServicesEarnings

Community Bancorp. Reports Second Quarter 2024 Earnings And Announces Stock Repurchase Program

July 24, 2024 2:15 PM

Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the second quarter ended June 30, 2024, of $2.7 million or $0.49 per share, a decrease of $468,153 or 14.65% compared to $3.2 million or $0.58 per share for the second quarter of 2023. Year to date earnings for 2024 are $5.6 million or $0.99 per share, a decrease of $984,014 or 15.06% compared to $6.5 million or $1.19 per share a year ago, both reflecting more...

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Direxion to Change Name of QQQU and QQQD
Banking & Financial ServicesCompany Update

Direxion to Change Name of QQQU and QQQD

July 24, 2024 11:00 AM

Direxion, a leading provider of tradeable and thematic ETFs, announced the name change of QQQU and QQQD. Effective August 16, 2024, the new fund names will be the Direxion Daily Magnificent 7 Bull 2X Shares (NYSE Arca:QQQU) and the Direxion Daily Magnificent 7 Bear 1X Shares (NYSE Arca:QQQD). Coinciding with the name changes, QQQU and QQQD will seek to achieve 200%, or 100% of the inverse (opposite), respectively, of the daily performance of the...

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JD Bancshares, Inc. Declares Cash Dividend
Banking & Financial ServicesDividends

JD Bancshares, Inc. Declares Cash Dividend

July 24, 2024 10:00 AM

JENNINGS, LA / ACCESSWIRE / July 24, 2024 / JD Bancshares, Inc. (OTCQX:JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., announced that at its regularly scheduled meeting on July 23, 2024, the Board voted to pay a cash dividend in the amount of $0.29 per share on August 9, 2024 to the shareholders of record on August 2, 2024.The amount and payment of future dividends for the JD Bancshares, Inc. common stock is...

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Outset Global Adds to Trading Team in London as Demand for Outsourced Trading Continues
Banking & Financial ServicesCompany Update

Outset Global Adds to Trading Team in London as Demand for Outsourced Trading Continues

July 24, 2024 10:00 AM

Outset Global Welcomes William Bradley as Managing Director to their London Office.LONDON, UK / ACCESSWIRE / July 24, 2024 / Outset Global is thrilled to announce the addition of William Bradley to our team as Managing Director in our London office. William brings with him a wealth of experience from his distinguished career in the equity sales & trading space, where he has demonstrated exceptional skill and dedication.William joins Outset...

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EBSC Lending Has Arranged a $45 Million Construction Loan for the Development of a Luxury Apartment Community With Retail Space in Iselin, New Jersey
Banking & Financial ServicesFinancing

EBSC Lending Has Arranged a $45 Million Construction Loan for the Development of a Luxury Apartment Community With Retail Space in Iselin, New Jersey

July 23, 2024 7:05 PM

ISELIN, NJ / ACCESSWIRE / July 23, 2024 / EBSC Lending has arranged a $45 million construction loan for the development of a luxury apartment community with retail space in Iselin, New Jersey. The 24-month, non-recourse construction loan features a fixed rate and full-term, interest-only payments with two 12-month extension options. The development is minutes away from major thoroughfares, including the Garden State Parkway, New Jersey Turnpike...

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Coastal Carolina Bancshares, Inc. Reports Second Quarter Results
Banking & Financial ServicesEarnings

Coastal Carolina Bancshares, Inc. Reports Second Quarter Results

July 23, 2024 5:30 PM

Coastal Carolina Bancshares, Inc. (the "Company") (OTCQX:CCNB), parent of Coastal Carolina National Bank (the "Bank"), reported unaudited financial results for the second quarter of 2024. The Company reported net income for the three months ended June 30, 2024 of $1,956,948 or $0.31 per share, compared to $1,984,571 or $0.32 per share for the same period in the prior year and $1,650,696 or $0.26 per share for the prior quarter ended March 31,...

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Dividend.watch Underscores Impact of Interest Rate Cuts; Urges Investors to Shift From Savings Accounts to Value and Dividend Stocks
Banking & Financial ServicesProduct Announcements

Dividend.watch Underscores Impact of Interest Rate Cuts; Urges Investors to Shift From Savings Accounts to Value and Dividend Stocks

July 23, 2024 3:00 PM

Dividend.watch has stressed the impact of expected interest rate cuts on investment strategies, which underscored the need for investors to shift from traditional savings accounts to dividend and value stocks. According to Dividend.watch, as financial markets brace for possible cuts as early as September, with over a 90 percent probability, there is a need for conservative investors to rethink their strategies."The decrease in interest rates...

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