Banking & Finance

Carter Bankshares, Inc. Declares Quarterly Dividend

July 23, 2026 8:45 AM

The board of directors of Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank"), approved a cash dividend of $0.10 per share on July 22, 2026. Based on the closing stock price on July 22, 2026 of $32.92, the annualized dividend yield is 1.22%. The dividend is payable on August 24, 2026 to shareholders of record as of August 10, 2026. About Carter Bankshares, Inc. Headquartered in Martinsville, VA,...

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Carter Bankshares, Inc. Announces Second Quarter 2026 Financial Results

July 23, 2026 8:00 AM

Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $28.9 million, or $1.31 diluted earnings per share ("EPS"), for the second quarter of 2026 compared to net income of $85.8 million, or $3.88 diluted EPS, for the first quarter of 2026 and net income of $8.5 million, or $0.37 diluted EPS, for the second quarter of 2025. Net interest income was $40.0...

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Hilbert Finance Launches Institutional Lending Desk

July 23, 2026 4:50 AM

Hilbert Group (STO:HILB-B)(FRA:999) - Hilbert Finance lets institutions borrow against digital asset collateral while professional lenders can provide lending capital through the same risk-managed loan book. Hilbert Group AB (Nasdaq First North: HILB B) today announced the launch of an institutional Lending Desk through its Hilbert Finance division. The Lending Desk forms the foundation of Hilbert Finance's broader strategy to build...

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American Riviera Bancorp Announces Results for the Second Quarter of 2026

July 22, 2026 10:25 PM

American Riviera Bancorp ("Company") (OTCQX:ARBV), holding company of American Riviera Bank ("Bank"), announced today unaudited net income of $7.3 million ($1.26 per share) for the six months ended June 30, 2026, an increase of 46.2% compared to $5.0 million ($0.86 per share) earned in the same reporting period in the previous year. Unaudited net income was $3.3 million ($0.57 per share) for the three months ended June 30, 2026, compared to $4.0...

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Class Action Filed Against LPL Financial Relating to Phoenix/PHL Variable Insurance Products

July 22, 2026 8:57 PM

On June 3, 2026, a class action lawsuit (Nietz v. LPL Financial LLC, No. 3:26-cv-03383-JES-DEB) was filed in the U.S. District Court for the Southern District of California against LPL Financial LLC ("LPL") on behalf of a proposed class of individuals who acquired rights under Phoenix annuities or life insurance policies sold or serviced through LPL investment advisors. The lawsuit alleges that LPL breached fiduciary duties and failed to...

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Old Second Bancorp, Inc. Reports Second Quarter 2026 Net Income of $28.2 Million, or $0.54 per Diluted Share

July 22, 2026 5:00 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 2026. Our net income was $28.2 million, or $0.54 per diluted share, for the second quarter of 2026, compared to net income of $25.6 million, or $0.48 per diluted share, for the first quarter of 2026. Adjusted net income1 was $28.7...

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Southern Cross Acquisition I Corp. Announces Closing of $115,000,000 Initial Public Offering

July 22, 2026 4:05 PM

Southern Cross Acquisition I Corp. (NASDAQ:NCOOU) (the "Company"), a Cayman Islands exempted company, announced today the closing of its initial public offering of 11,500,000 units at $10.00 per unit, which includes the full exercise of the underwriters' option to purchase an additional 1,500,000 units to cover over-allotments. The gross proceeds from the offering were $115,000,000 before deducting underwriting discounts and estimated offering...

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ThriveCart Brings Built-In Sales Tax Calculation & Collection to All Users

July 22, 2026 1:05 PM

ThriveCart, a leading all-in-one creator commerce, course, and community membership platform used by more than 75,000 businesses worldwide, today announced that it is expanding its built-in sales tax calculation and collection features to merchants on all plans, including ThriveCart Standard. The expansion of ThriveCart's long-standing tax tools removes a friction point for creators as they scale: the need for separate, subscription-based tax...

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Commercial National Reports 13.49% First Half Earnings Increase

July 22, 2026 1:03 PM

Commercial National Financial Corporation (OTCQX:CNAF) (Company), parent Company of Commercial Bank & Trust of PA, has reported results for the quarter ended June 30, 2026. The Company earned $498,000 (or $0.18 per average share outstanding) in the second quarter 2026 compared to $451,000 (or $0.16 per average share outstanding) in the second quarter of 2025. The Company earned $1,001,000 (or $0.36 per average share outstanding) for the...

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D. Boral Capital Appoints Michael Devitt as Managing Director and Head of Retail & Consumer Investment Banking

July 22, 2026 12:30 PM

D. Boral Capital, a relationship-driven investment bank focused on growth issuers and their investors, announces Michael Devitt has joined as a Managing Director and Head of Retail & Consumer Investment Banking at D. Boral Capital. Devitt brings 20 years of experience advising leading global retail, consumer, and eCommerce companies across M&A, equity capital markets, SPACs, and leveraged finance. "As we continue to expand our sector expertise...

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Insurance Agency Acquisitions Dip in First Half

July 22, 2026 10:18 AM

The pace of M&A activity slowed significantly in the first half of 2026 versus 2025, but the downward trend is likely near the bottom, according to OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance distribution industry. Firms announced 292 insurance agency mergers and acquisitions in the first half, down 15% from the first half of 2025, the OPTIS Partners database reveals. It was the slowest start...

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JD Bancshares, Inc. Declares Cash Dividend

July 22, 2026 10:15 AM

JD Bancshares, Inc. (OTCQX:JDVB) Dr. Daryl V. Burckel, Chairman of the Board of Directors of JD Bancshares, Inc., announced that at its regularly scheduled meeting on July 21, 2026, the Board voted to pay a cash dividend in the amount of $0.31 per share on August 7, 2026 to the shareholders of record on July 31, 2026. The amount and payment of future dividends for the JD Bancshares, Inc. common stock is determined on a quarterly basis, based on...

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Zoe Financial Recognized Among the World's Top Fintech Companies for 2026, According to CNBC

July 22, 2026 10:00 AM

Zoe Financial, the wealth platform for the mass affluent to find, hire, and grow their wealth with trusted financial advisors, today announced it has been named to CNBC's World's Top Fintech Companies 2026 list. CNBC and the research firm Statista compile the list each year to find the fintech companies worth featuring from around the world. Zoe Financial helps people find the right financial advisor for their needs. The platform connects...

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Inspira Financial Expands Alternatives Reach with New CAIS Integration

July 22, 2026 10:00 AM

Inspira Financial, a leading provider of health, wealth, retirement, and benefits solutions, today announced an integration with CAIS, a leading alternative investment platform serving more than 62,000 independent financial advisors across 2,000-plus wealth management firms overseeing approximately $7.5 trillion in client assets. Through this integration, advisors on the CAIS platform gain access to Inspira's specialized custody and retirement...

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Cashmere Valley Bank Reports Increased Quarterly Earnings of $6.9 million, Year to Date Earnings of $12.7 million

July 22, 2026 3:00 AM

Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced quarterly earnings of $6.9 million for the quarter ended June 30, 2026. Diluted earnings per share totaled $1.88, which represented an increase of $0.34 per share, or 22.1% from the quarter ended March 31, 2026. Year to date diluted earnings per share were $3.42 as compared to $3.69 one year ago. "The second quarter reflected a strong rebound from the first quarter. Along with the improvement...

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Rhinebeck Bancorp, Inc. Announces Completion of Conversion and Offering

July 21, 2026 5:10 PM

Rhinebeck Bancorp, Inc. (NASDAQ Capital Market:RBKB) (the "Company"), the holding company for Rhinebeck Bank, announced that Rhinebeck Bancorp, MHC (the "MHC") has completed its "second-step" conversion from the two-tier mutual holding company structure to the fully-public stock holding company structure (the "Conversion"), and that the Company has completed its offering. As a result of the closing of the Conversion, the MHC will cease to exist....

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Alex Cecola of Vincere Portfolios Reviews Why Investor Confidence Begins With Trust, Not Marketing

July 21, 2026 4:25 PM

Investors today have more options than ever, and more marketing aimed at them than ever. Alex Cecola, a Chicago-based systematic trader and the Founder and CEO of Vincere Portfolios, has watched that shift change what actually earns an investor's confidence. It is rarely the boldest claim in an advertisement. His view is that trust is built well before an investor commits capital, and it is built through information, not persuasion. Alex Cecola...

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Bar Harbor Bankshares Reports Second Quarter 2026 Results; Declares Dividend

July 21, 2026 4:15 PM

Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported second quarter 2026 GAAP net income of $15.2 million, or $0.91 per diluted share, and core earnings (Non-GAAP) of $15.4 million, or $0.92 per diluted share, compared to GAAP net income of $13.5 million, or $0.81 per diluted share, and core earnings (Non-GAAP) of $14.7 million, or $0.88 per diluted share, in the first quarter of 2026. SECOND QUARTER 2026 HIGHLIGHTS (all...

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SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Declares Quarterly Dividend

July 21, 2026 2:10 PM

SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of $0.28 per share of the Corporation's common stock. The quarterly dividend is payable on or about October 15, 2026 to shareholders of record as of the close of business on September 15, 2026. The dividend declared is a 21.7% annualized increase over the total dividend declared for the...

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Gold IRA Company Reviews: Rankings of The Top Gold IRA Providers Reported

July 21, 2026 12:20 PM

Investors Circle has published its latest independent review of the Gold IRA industry, releasing updated rankings designed to help retirement investors compare many of the nation's leading precious metals IRA providers. The annual report evaluates companies that assist investors with establishing and funding self-directed Individual Retirement Accounts capable of holding certain IRS-approved physical precious metals. Rather than relying solely...

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