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DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ €1.6 Billion
Banking & Financial ServicesCompany Update

DTCP Successfully Closes Digital Infrastructure Vehicle II and Associated Co-Investment Vehicles at ~ €1.6 Billion

April 18, 2024 3:40 AM

DTCP, an independent investment management firm focused on digital transformation, is pleased to announce that it has successfully held the final close of its Digital Infrastructure Vehicle II ("DIV II" or "the Fund"). DIV II and its associated vehicles reached the fundraising target of approximately €1.6 billion, eight times larger than the predecessor fund.The Fund has attracted capital from global investors predominantly from Europe, US,...

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

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

April 17, 2024 6:00 PM

SAN JOSE, CA / ACCESSWIRE / April 17, 2024 / Avidbank Holdings, Inc. (OTC PINK:AVBH) announced net income for the first quarter of 2024 of $5.2 million, or $0.69 per diluted share, compared to $303,000, or $0.04 per diluted share, for the fourth quarter of 2023 and $6.4 million, or $0.85 per diluted share, for the first quarter of 2023.First Quarter 2024 HighlightsPeriod end deposits increased $103.5 million, or 25% annualized, from December 31,...

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Lendistry Expands Partnership with U.S. Department of Energy to Empower Small Businesses in the Energy Sector
Banking & Financial ServicesDiversity, Equity and Inclusion

Lendistry Expands Partnership with U.S. Department of Energy to Empower Small Businesses in the Energy Sector

April 17, 2024 5:45 PM

Bridging the Gap for Small Businesses in Energy JusticeLOS ANGELES, CA / ACCESSWIRE / April 17, 2024 / Lendistry, a leading small business lender, is pleased to announce its partnership with the U.S. Department of Energy's (DOE) Office of Energy Justice and Equity (EJE). This collaboration aims to ensure the fair, equitable distribution of federal funding and close the gap that often hinders small businesses from competing for contracts and...

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Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share
Banking & Financial ServicesEarnings

Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share

April 17, 2024 4:30 PM

AURORA, IL / ACCESSWIRE / April 17, 2024 / 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 2024. Our net income was $21.3 million, or $0.47 per diluted share, for the first quarter of 2024, compared to net income of $18.2 million, or $0.40 per diluted share, for the fourth quarter of...

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

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

April 17, 2024 4:30 PM

BRISTOL, PA / ACCESSWIRE / April 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 three and nine months ended March 31, 2024. William Penn recorded net income of $136 thousand, or $0.02 per basic and diluted share, for the three months ended March 31, 2024 and recorded net income of $326 thousand, or $0.04...

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

FineMark Holdings, Inc. Reports First Quarter 2024 Earnings

April 17, 2024 4:30 PM

FORT MYERS, FL / ACCESSWIRE / April 17, 2024 / FineMark Holdings, Inc. (OTCQX:FNBT), the parent company of FineMark National Bank & Trust has released its first quarter 2024 financial results. Results can be found on the Bank's website at https://www.finemarkbank.com/2024q1earnings/.FineMark Holdings, Inc. is the parent company of FineMark National Bank & Trust. Founded in 2007, FineMark is a nationally chartered bank and trust company,...

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EF Hutton Bringing Together Executives and Investors at Annual Global Conference on May 15, 2024 in NYC
Banking & Financial ServicesConferences

EF Hutton Bringing Together Executives and Investors at Annual Global Conference on May 15, 2024 in NYC

April 17, 2024 11:55 AM

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / EF Hutton, a full-service investment bank headquartered in New York, NY, will host its Annual Global Conference at the Plaza Hotel in New York City on May 15, 2024, offering corporate executives, institutional investors, and family offices the opportunity to connect, share insights, and discuss potential partnerships in one-on-one and small group settings.EF Hutton helps companies meet their strategic...

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Northwestern Mutual Releases 2023 Sustainability Report and Reaffirms Commitment to Building “A Better Tomorrow”
Banking & Financial ServicesEnvironmental, Social and Governance

Northwestern Mutual Releases 2023 Sustainability Report and Reaffirms Commitment to Building “A Better Tomorrow”

April 17, 2024 10:15 AM

MILWAUKEE, WI / ACCESSWIRE / April 17, 2024 / Northwestern Mutual, a leading financial services company, today announced the release of its 2023 Sustainability and Social Impact Report: A Better Tomorrow. The report shares details on the 167-year-old company's investments in five key areas: delivering financial security and expanding financial access, investing in communities, strengthening a culture of belonging, reducing environmental impact...

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Understanding Art as an Investment
Banking & Financial ServicesCompany Update

Understanding Art as an Investment

April 17, 2024 10:00 AM

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / There was a time, in which investing in art was widely perceived to be the exclusive province of knowledgeable connoisseurs, high-net-worth individuals, or both. However, that has changed markedly over the past 25 years. In 2023, the global art market came to nearly $70 billion, according to a PBS report. In recent decades, returns have outpaced bonds and blue-chip art has outperformed the S&P 500 by...

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Owner of Popular SoCal Latin Food Chain Drives Growth, Eyes National Expansion
Banking & Financial ServicesEnvironmental, Social and Governance

Owner of Popular SoCal Latin Food Chain Drives Growth, Eyes National Expansion

April 17, 2024 9:45 AM

For two decades, Rolando Pozos worked as an investment banker specializing in advising companies on mergers and acquisitions. Then he made an acquisition of his own.Rolando Pozos with some of the house-made tortillas at the Amapola Market in Downey, California. It started with a meeting, arranged by a mutual friend, with the owner of Amapola Deli & Market, a chain of three Los Angeles-area stores specializing in Latin American food products, who...

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U.S. Farmers On Growing Sustainable Soy
Banking & Financial ServicesEnvironmental, Social and Governance

U.S. Farmers On Growing Sustainable Soy

April 17, 2024 9:15 AM

Committed to sustainable practices on their soy farms, making our planet a healthier place to live.NORTHAMPTON, MA / ACCESSWIRE / April 17, 2024 / U.S. SoyWhat Does it Mean to Farm Soy Sustainably?U.S. soybean farmers, pioneers of sustainable farming, grow many of the soy products you know and love, from the soy milk in your latte to the tofu in your veggie bowl. But they're not just growing delicious soy foods. They're also the guardians of our...

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Special Dividends Announcement: Commitment to Shareholder Value and Trust
Banking & Financial ServicesDividends

Special Dividends Announcement: Commitment to Shareholder Value and Trust

April 17, 2024 9:00 AM

TORONTO, ON / ACCESSWIRE / April 17, 2024 / Ginkgo Mortgage Investment Corporation ("Ginkgo MIC") is pleased to announce that its Board of Directors has approved a special dividend of 2.5 cents per share (0.25%) on all Class A Preferred Shares for eligible shareholders on record as of December 31, 2023."In addition to the targeted annual dividends of 9.75% for Series 1 and 9.0% for Series 2, distributed monthly on the 15th , shareholders can...

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AB: Just Transition and Emerging Markets: Weighing the Risks
Banking & Financial ServicesEnvironmental, Social and Governance

AB: Just Transition and Emerging Markets: Weighing the Risks

April 17, 2024 8:30 AM

NORTHAMPTON, MA / ACCESSWIRE / April 17, 2024 / AllianceBernsteinSaskia Kort-Chick| Director of Social Research and Engagement-ResponsibilityMarkus Schneider| Senior Economist-EEMEAUnderstanding the social risks posed by climate transition requires discipline, nuance and a systematic approach.The concept of a "just transition" has gained ground among responsible investors concerned about the economic consequences of the social risks that...

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Royalty Management Holding Corporation's Board of Directors Approves Initiation of Stock Repurchase Program
Banking & Financial ServicesCompany Update

Royalty Management Holding Corporation's Board of Directors Approves Initiation of Stock Repurchase Program

April 17, 2024 8:30 AM

FISHERS, ID / ACCESSWIRE / April 17, 2024 / Royalty Management Holding Corporation (NASDAQ:RMCO) ("Royalty Management" "RMCO", or the "Company"), an innovative royalty company building shareholder value by acquiring and developing high value assets in sustainable market environments, announced today that the Company's Board of Directors voted unanimously to institute a stock repurchase program of Royalty Management Holding Corporation's Class A...

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Dominari Securities LLC Continues Expansion of Its Capital Market Group with Senior Hires
Banking & Financial ServicesManagement Changes

Dominari Securities LLC Continues Expansion of Its Capital Market Group with Senior Hires

April 17, 2024 8:30 AM

Adds Capital Markets Expert and Best-Selling Author, Steve Kann and Strategic and Financial Advisory Veteran, Andre Peschong, as Managing DirectorsNEW YORK, NY / ACCESSWIRE / April 17, 2024 / Dominari Holdings Inc. (Nasdaq:DOMH) (the "Company") today noted that its wholly-owned subsidiary, Dominari Securities LLC, announced that it has further expanded its practice with the addition of Steve Kann and Andre Peschong as Managing Directors.Mr. Kyle...

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i3 Energy PLC Announces Partial Sale of the Company's Royalty Assets
Banking & Financial ServicesRegulatory

i3 Energy PLC Announces Partial Sale of the Company's Royalty Assets

April 17, 2024 8:15 AM

i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that its subsidiary, i3 Energy Canada Ltd., has entered into a definitive agreement with a newly formed private royalty company for the sale of certain of the Company's royalty assets (the "Royalty Disposition") for a total gross cash consideration of USD 24.81 million (CAD 33.50 million(1)) before...

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Onramp MENA: Bitcoin Asset Management in the MENA Region
Banking & Financial ServicesCompany Update

Onramp MENA: Bitcoin Asset Management in the MENA Region

April 17, 2024 1:00 AM

Expanding Horizons with Onramp MENADUBAI, UAE / ACCESSWIRE / April 17, 2024 / In a world where financial innovation meets tradition, Onramp MENA stands at the forefront, marking a new chapter in bitcoin asset management tailored for the Middle East and North Africa (MENA) region. As a sister company of Onramp and the first company backed by Early Riders, the first Bitcoin-denominated investment fund, we are excited to announce our expansion into...

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Cashmere Valley Bank Reports Quarterly Earnings of $7.3 Million
Banking & Financial ServicesEarnings

Cashmere Valley Bank Reports Quarterly Earnings of $7.3 Million

April 16, 2024 11:00 PM

CASHMERE, WA / ACCESSWIRE / April 16, 2024 / Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced quarterly earnings of $7.3 million for the quarter ended March 31, 2024. Diluted earnings per share was $1.87, representing a decrease of $0.12 per share, or 6.0%."In spite of a challenging environment our core earnings remain strong," said Greg Oakes, President and CEO. "One year ago, our net interest margin was expanding nicely, however, deposit...

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Global Education Communities Corp. Formally Adds GEC Kingsway to Its Portfolio
Banking & Financial ServicesCompany Update

Global Education Communities Corp. Formally Adds GEC Kingsway to Its Portfolio

April 16, 2024 5:00 PM

VANCOUVER, BC / ACCESSWIRE / April 16, 2024 / Global Education Communities Corp. ("GECC" or the "Company") (TSX:GEC)(OTCQX:GECSF) is pleased to report that its subsidiary has signed a formal Master Lease Partnership Program agreement ("MLPP") with a local developer to master lease its property located at 4589 Gladstone Street (corner of Kingsway and Gladstone), Vancouver, B.C. This agreement is valid for five years with an option to renew for...

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FINOPTA TECHNOLOGY Leading the New Era of Financial Technology, Driving Traditional Trading Towards Simplification and Modernization
Banking & Financial ServicesCompany Update

FINOPTA TECHNOLOGY Leading the New Era of Financial Technology, Driving Traditional Trading Towards Simplification and Modernization

April 16, 2024 4:30 PM

TORONTO, ON / ACCESSWIRE / April 16, 2024 / Since its establishment in 2016, FINOPTA TECHNOLOGY, a pioneer in the field of financial technology, has continuously innovated and led new trends. Over the past decade, it has evolved from a startup to a leading enterprise in the financial technology industry. With rapid development and technological accumulation, FINOPTA TECHNOLOGY has not only promoted the digital transformation of financial...

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