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Avidbank Holdings, Inc. Announces Net Income for the Second Quarter of 2024
Banking & Financial ServicesEarnings

Avidbank Holdings, Inc. Announces Net Income for the Second Quarter of 2024

July 22, 2024 6:30 AM

SAN JOSE, CA / ACCESSWIRE / July 22, 2024 / Avidbank Holdings, Inc. (OTC Pink:AVBH) announced net income for the second quarter of 2024 of $3.5 million, or $0.46 per diluted share, compared to $5.2 million, or $0.69 per diluted share, for the first quarter of 2024 and $4.7 million, or $0.63 per diluted share, for the second quarter of 2023.Second Quarter 2024 HighlightsBook value per share was $21.77, an increase of $0.36, or 2%, from March 31,...

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Investar Holding Corporation Announces 2024 Second Quarter Results
Banking & Financial ServicesEarnings

Investar Holding Corporation Announces 2024 Second Quarter Results

July 22, 2024 6:00 AM

BATON ROUGE, LA / ACCESSWIRE / July 22, 2024 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended June 30, 2024. Investar reported net income of $4.1 million, or $0.41 per diluted common share, for the second quarter of 2024, compared to net income of $4.7 million, or $0.48 per diluted common share, for the...

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Calvin B. Taylor Bankshares, Inc. Announces Quarterly Cash Dividend of $0.35 per Share
Banking & Financial ServicesDividends

Calvin B. Taylor Bankshares, Inc. Announces Quarterly Cash Dividend of $0.35 per Share

July 19, 2024 5:05 PM

Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), parent company of Calvin B. Taylor Bank, announced the Board of Directors has declared a regular quarterly cash dividend of $0.35 per share for the second quarter of 2024. This dividend is payable on August 8, 2024 to stockholders of record as of the close of business on July 29, 2024.###About Calvin B. Taylor Bank Calvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc....

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

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

July 19, 2024 12:30 PM

STURGIS, MI / ACCESSWIRE / July 19, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable September 13, 2024, to stockholders of record at the close of business on August 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...

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

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

July 19, 2024 12:08 PM

STURGIS, MI / ACCESSWIRE / July 19, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced for the second quarter of 2024:Key Quarterly HighlightsNet income was $1.3 million.Earnings per share of $0.60.Paid dividend of $0.17 per share.Total assets increased to $942 million.Deposits decreased to $800 million.Credit quality remains strong, with 99.20% of unguaranteed loans performing according to loan agreements.The Bank maintained strong...

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Old Slip Capital Announces New Miami Office, Issues Advisory for ERISA by James Lukezic, Managing Director
Banking & Financial ServicesCompany Update

Old Slip Capital Announces New Miami Office, Issues Advisory for ERISA by James Lukezic, Managing Director

July 19, 2024 9:45 AM

Old Slip Capital has announced the opening of its new office in Miami, FL. The company has also issued an important advisory to plan sponsors, pointing to the advantages of trusting ERISA Fiduciary Advisors. Old Slip Capital's new office in Miami will further add a growth potential to its prospects. It has also shared insights for Plan Sponsors to help them derive the best from ERISA. The advisory focuses on explaining the difference between an...

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BV Financial, Inc. Announces Financial Results
Banking & Financial ServicesEarnings

BV Financial, Inc. Announces Financial Results

July 18, 2024 4:30 PM

BALTIMORE, MD / ACCESSWIRE / July 18, 2024 / BV Financial, Inc. (NASDAQ:BVFL), the holding company for BayVanguard Bank (the "Bank"), today reported net income of $3.4 million, or $0.32 per diluted share, for the quarter ended June 30, 2024 compared to net income of $3.9 million, or $0.49 per diluted share, for the quarter ended June 30, 2023. Net income for the six-month period ended June 30, 2024 was $6.0 million or $0.52 per diluted share...

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Bar Harbor Bankshares Reports Second Quarter 2024 Results; Declares Dividend
Banking & Financial ServicesEarnings

Bar Harbor Bankshares Reports Second Quarter 2024 Results; Declares Dividend

July 18, 2024 4:15 PM

Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported second quarter 2024 GAAP net income of $10.3 million and $0.67 per diluted share and core (Non-GAAP) net income of $10.0 million or $0.66 per diluted share compared to GAAP and core (Non-GAAP) net income $10.8 million or $0.71 per diluted share in the same quarter of 2023.SECOND QUARTER 2024 HIGHLIGHTSReturn on assets of 1.04%Commercial loan growth of 14% annualizedNet interest...

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John Wetmore Launches Book 'Do More Now, Get Better Later' to Empower Ambitious Sales People
Banking & Financial ServicesCompany Update

John Wetmore Launches Book 'Do More Now, Get Better Later' to Empower Ambitious Sales People

July 18, 2024 10:15 AM

John Wetmore, renowned sales expert, speaker, and mentor, is proud to announce the release of his first book, Do More Now, Get Better Later. The book provides a glimpse into Wetmore's personal journey from the Boston projects to multimillionaire status, proving that success doesn't require perfection, but perseverance and hard work. Readers will discover how simple, consistent actions can lead to incredible results and whether you are new to the...

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Modelshop to Present at 2024 World Credit Union Conference, Boston, MA, July 21-24
Banking & Financial ServicesConferences

Modelshop to Present at 2024 World Credit Union Conference, Boston, MA, July 21-24

July 18, 2024 9:00 AM

BOSTON, MA / ACCESSWIRE / July 18, 2024 / Modelshop is proud to announce its speaking session participation in the 2024 World Credit Union Conference, taking place in Boston, USA, from July 21 to July 24, 2024. This prestigious event will bring together credit union leaders and industry experts from around the world to discuss the latest technology advancements, challenges, and opportunities within the credit union sector.Session Title: Using AI...

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Altair International Corp. Merger Partner Premier Air Charter, Inc. Announces Revenue Increase of 12% in Charter Services for Six Months of 2024
Banking & Financial ServicesMergers and Acquisitions

Altair International Corp. Merger Partner Premier Air Charter, Inc. Announces Revenue Increase of 12% in Charter Services for Six Months of 2024

July 18, 2024 8:00 AM

Altair International Corp (OTCQB:ATAO) today announced that its merger partner Premier Air Charter, Inc. ("Premier") reported a strong increase in unaudited revenue growth for the first six months of 2024 ending June 31.Revenues for the period were $ 9,944,306, a 12% increase over the comparable period in 2023. The increase in revenues were due to an increase in chartered hours as a result of Premier's acquisitions of new aircraft. CEO Ross...

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

FineMark Holdings, Inc. Reports Second Quarter 2024 Earnings

July 17, 2024 5:47 PM

FineMark Holdings, Inc. (OTCQX:FNBT), the parent company of FineMark National Bank & Trust has released its second quarter 2024 financial results. Results can be found on the Bank's website at https://www.finemarkbank.com/2024q2earnings/. 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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Coeur d’Alene Bancorp Announces Its Second Quarter 2024 Results
Banking & Financial ServicesEarnings

Coeur d’Alene Bancorp Announces Its Second Quarter 2024 Results

July 17, 2024 5:00 PM

Coeur d'Alene, Idaho: Coeur d'Alene Bancorp (OTC PINK:CDAB), the parent company of bankcda, is pleased to announce its results for the second quarter 2024.COEUR D'ALENE, ID / ACCESSWIRE / July 17, 2024 / Coeur d'Alene Bancorp, today reported net income for the second quarter of $383,459 or $0.20 per share, compared to $543,152 or $0.29 for the second quarter of 2023. Net income of $768,893 or $0.41 per share for the six months ended June 30,...

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William Penn Bancorporation Announces Quarter and Year End Results and Cash Dividend to Shareholders
Banking & Financial ServicesEarnings

William Penn Bancorporation Announces Quarter and Year End Results and Cash Dividend to Shareholders

July 17, 2024 4:30 PM

BRISTOL, PA / ACCESSWIRE / July 17, 2024 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter and year ended June 30, 2024. William Penn recorded a $158 thousand net loss, or $(0.02) per basic and diluted share, for the quarter ended June 30, 2024 and net income of $168 thousand, or $0.02 per basic and diluted...

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Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share
Banking & Financial ServicesEarnings

Old Second Bancorp, Inc. Reports Second Quarter 2024 Net Income of $21.9 Million, or $0.48 per Diluted Share

July 17, 2024 4:30 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 second quarter of 2024. Our net income was $21.9 million, or $0.48 per diluted share, for the second quarter of 2024, compared to net income of $21.3 million, or $0.47 per diluted share, for the first quarter of 2024, and net income of $25.6 million, or...

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Christopher M. George to Acquire Greenwoods Financial Group, Inc. and Its Wholly Owned Subsidiary Greenwoods State Bank
Banking & Financial ServicesMergers and Acquisitions

Christopher M. George to Acquire Greenwoods Financial Group, Inc. and Its Wholly Owned Subsidiary Greenwoods State Bank

July 17, 2024 3:00 PM

LAKE MILLS, WI / ACCESSWIRE / July 17, 2024 / Christopher M. George and Greenwoods Financial Group, Inc., the sole shareholder of Greenwoods State Bank, are pleased to announce a definitive agreement for the acquisition of Greenwoods Financial Group, Inc. by Mr. George. The transaction, which will see Greenwoods State Bank become indirectly wholly owned by Mr. George, has been unanimously approved by the boards of directors of Greenwoods...

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The Hispanic Chamber Hosts CEO Series Presented by Orlando Credit Union
Banking & Financial ServicesPartnerships

The Hispanic Chamber Hosts CEO Series Presented by Orlando Credit Union

July 17, 2024 2:00 PM

ORLANDO, FL / ACCESSWIRE / July 17, 2024 / The Hispanic Chamber of Metro Orlando (Hispanic Chamber) will host its quarterly CEO Series, presented by Orlando Credit Union, on Friday, July 26th, at the elegant Citrus Club. This session will be led by top executives of collegiate agencies to discuss the topic of Leading the Charge: CEO Insights & The Future of Higher Education. The CEO Series is a program where visionary leaders share their...

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River City Bank Reports Strong Net Income of $17.2 Million for Q2 2024, Record Net Income of $35.9 Million Year to Date, Crossing the $5 Billion Asset Threshold
Banking & Financial ServicesEarnings

River City Bank Reports Strong Net Income of $17.2 Million for Q2 2024, Record Net Income of $35.9 Million Year to Date, Crossing the $5 Billion Asset Threshold

July 17, 2024 2:00 PM

SACRAMENTO, CA / ACCESSWIRE / July 17, 2024 / River City Bank (the Bank) reported net income of $17.2 million, or $11.66 per diluted share, for the quarter ended June 30, 2024, which compares favorably to the $14.4 million, or $9.65 per diluted share, for the same period in 2023. Net income was $35.9 million, or $24.29 per diluted share, for the six months ended June 30, 2024, which compares favorably to the $27.3 million, or $18.28 per diluted...

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PNC Center for Financial Education Expands to Nine New Markets
Banking & Financial ServicesEnvironmental, Social and Governance

PNC Center for Financial Education Expands to Nine New Markets

July 17, 2024 1:15 PM

After a successful run in six pilot cities, PNC will expand a free financial education initiative to nine new markets this year.PNC | InsightsNORTHAMPTON, MA / ACCESSWIRE / July 17, 2024 / A PNC-led effort to help bridge gaps in financial education and to equip local community residents with budgeting resources is coming to nine new markets by year end. Aimed at boosting the money management skills of individuals, first-time homebuyers and small...

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ALKEME Hires Scott Salandi as Senior VP / Director of Surety
Banking & Financial ServicesManagement Changes

ALKEME Hires Scott Salandi as Senior VP / Director of Surety

July 17, 2024 11:25 AM

Surety industry veteran brings decades of national underwriting and brokerage experience to ALKEMELADERA RANCH, CA / ACCESSWIRE / July 17, 2024 / ALKEME, a Top 40 Insurance Brokerage, is excited to announce the appointment of Scott Salandi as the new Senior Vice President, Director of Surety. With a distinguished career spanning over three decades in the surety industry, Salandi brings a wealth of experience in the domestic and international...

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