Bar Harbor Bankshares Reports Second Quarter 2023 Results; Declares Dividend

July 20, 2023 4:15 PM

BAR HARBOR, ME / ACCESSWIRE / July 20, 2023 / Bar Harbor Bankshares (NYSE American:BHB) (the "Company") reported second quarter 2023 net income of $10.8 million, or $0.71 per diluted share, compared to $10.5 million, or $0.70 per diluted share, in the same quarter of 2022.SECOND QUARTER 2023 HIGHLIGHTS (all comparisons to the second quarter 2022, unless otherwise noted)$4.0 billion total assets (Company record)1.10% return on assets; 10.49%...

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Orange Bank & Trust Promotes Jennifer Meyer to Vice President and Area Manager/Branch Manager

July 20, 2023 3:30 PM

MIDDLETOWN, NY / ACCESSWIRE / July 20, 2023 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company" - Nasdaq:OBT), is pleased to announce the promotion of Jennifer Meyer to the role of Vice President and Area Manager/Branch Manager.Jennifer joined the bank as the Branch Manager for the New City Office in 2015. She specializes in Attorney, Property Management and Business accounts, and...

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SteelBridge Consulting Expands Services With New Offering

July 20, 2023 1:00 PM

PITTSBURGH, PA / ACCESSWIRE / July 20, 2023 / SteelBridge Consulting, a boutique consulting services firm providing expertise and solutions primarily to the Private Capital industry, is delighted to announce the launch of Human Capital Consulting Services to address client needs.SteelBridge Logo As organizations face an evolving business landscape and increasingly complex workforce challenges, SteelBridge recognizes the critical importance of...

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Symposia Acquires Moxa, the Leading Acupressure App, from Point Wellness; Deal to Close in Q3 2023

July 20, 2023 12:45 PM

SINGAPORE / ACCESSWIRE / July 20, 2023 / Symposia Group Pte. Ltd (Symposia) - a startup incubator based in Singapore and Taipei - is thrilled to declare its definitive asset acquisition agreement with Point Wellness, Inc. (Point). The agreement centers on the acquisition of the Moxa App (Moxa) business.James Luong, Director of Symposia, shares his enthusiasm: "We are excited about the potential of Moxa to help bring Chinese medicine to the...

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Insurtech bolt Appoints Jon Walheim as CEO of North America for Next Phase of Growth

July 20, 2023 10:00 AM

bolt extends reach of its market-leading tech-enabled platform into key industry verticals, implementing ambitious growth strategy in the United StatesNEW YORK, NY / ACCESSWIRE / July 20, 2023 / bolt, the insurtech with the country's largest technology-enabled insurance exchange, today announced the appointment of Jon Walheim as Chief Executive Officer, North America.Jon joins bolt as the company looks to solidify its market leading position...

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Mass Fintech Hub Welcomes Eight New Members in Celebration of Second Year Anniversary

July 20, 2023 9:00 AM

Eight new members to continue program's momentum, expand public-private partnership and strengthen the Bay State's fintech ecosystemBOSTON, MA / ACCESSWIRE / July 20, 2023 / Today, the Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced expansion of its membership, adding eight new organizations. With the newest additions, which include Boston University, Wolf & Company, P.C. and...

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Castle Creek Launchpad Invests in RiskScout, Closing Seed Round

July 20, 2023 9:00 AM

AUSTIN, TX / ACCESSWIRE / July 20, 2023 / RiskScout, a leading regulatory technology company specializing in compliance automation, announced today that it has secured its final investment in its seed round from Castle Creek Capital and Launchpad Capital's joint fund backed by community banks. RiskScout Logo Branding Castle Creek's decades of experience in operating and investing in community banks combined with Launchpad's knowledge of fintech...

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Focus Financial Partners to Release 2023 Second Quarter Results on August 3

July 20, 2023 7:30 AM

NEW YORK, NY / ACCESSWIRE / July 20, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, today announced that it will report its results for the second quarter ended June 30, 2023 on Thursday, August 3, 2023.Due to the definitive agreement for Focus to be acquired by affiliates of Clayton, Dubilier & Rice, LLC, which is expected to close in the third quarter...

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WGA Announces Passing of Richard James Whalen

July 20, 2023 7:00 AM

Nationally known journalist, best-selling author, adviser to three Republican presidentsBRIARCLIFF MANOR, NY / ACCESSWIRE / July 20, 2023 / Whalen Global Advisors LLC announces that Richard James Whalen - a nationally known journalist, best-selling author, adviser to three Republican presidents, State Department consultant and founder of its predecessor Washington-based international news service and consulting company - died on July 18 in...

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Avidbank Holdings, Inc. Announces Net Income of $4.7 Million for the Second Quarter of 2023

July 20, 2023 6:00 AM

SAN JOSE, CA / ACCESSWIRE / July 20, 2023 / Avidbank Holdings, Inc. (OTC PINK:AVBH) announced net income for the second quarter of 2023 of $4.7 million, or $0.63 per diluted share, compared to $6.4 million, or $0.85 per diluted share, for the first quarter of 2023 and $5.2 million, or $0.76 per diluted share, for the second quarter of 2022.Second Quarter 2023 HighlightsTotal deposits were $1.75 billion on June 30, 2023, an increase of $131...

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Investar Holding Corporation Announces Additional Authorization Under Share Repurchase Program

July 19, 2023 6:00 PM

BATON ROUGE, LA / ACCESSWIRE / July 19, 2023 / Investar Holding Corporation (the "Company") (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the "Bank"), announced that the Board of Directors has authorized the repurchase of an additional 350,000 shares of the Company's common stock under a stock repurchase program, in addition to 248,439 shares remaining under the current repurchase program. The additional shares...

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

July 19, 2023 5:00 PM

BRISTOL, PA / ACCESSWIRE / July 19, 2023 / 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, 2023. William Penn recorded net income of $531 thousand and $2.8 million, or $0.05 and $0.22 per basic and diluted share, for the quarter and year ended June 30, 2023, respectively, compared to...

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Old Second Bancorp, Inc. Reports Second Quarter 2023 Net Income of $25.6 Million, or $0.56 per Diluted Share

July 19, 2023 4:50 PM

AURORA, IL / ACCESSWIRE / July 19, 2023 / 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 2023. Our net income was $25.6 million, or $0.56 per diluted share, for the second quarter of 2023, compared to net income of $23.6 million, or $0.52 per diluted share, for the first quarter of...

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Capital Financial Global Increases Funding Capacity With New Strategic Partnership

July 19, 2023 4:25 PM

SALT LAKE CITY, UT / ACCESSWIRE / July 19, 2023 / Capital Financial Global, Inc. (OTC PINK:CFGX), a specialty finance company that offers asset-backed financing and loan advisory services, today announced a significant increase in its funding capacity, through its new strategic partnership with correspondent lender RCN Capital."This new partnership represents a significant milestone in our growth strategy," said Paul Edward Norat, CEO of Capital...

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River City Bank Reports Net Income of $14.4 Million for the Second Quarter of 2023 and $27.3 Million Year to Date

July 19, 2023 2:00 PM

SACRAMENTO, CA / ACCESSWIRE / July 19, 2023 / River City Bank (the Bank) reported net income of $14.4 million, or $9.65 per diluted share, for the quarter ending June 30, 2023, which compares favorably to the $8.9 million, or $5.98 per diluted share, for the same period in 2022. Net income was $27.3 million or $18.28 per diluted share for the six months ending June 30, 2023, which compares favorably to the $25.3 million or $17.08 per diluted...

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Sturgis Bancorp Reports Earnings for Second Quarter 2023

July 19, 2023 1:20 PM

STURGIS, MI / ACCESSWIRE / July 19, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $1.7 million for the quarter ended June 30, 2023 and $3.2 million for the first half of 2023.Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company (Bank), and its subsidiaries Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance, and Oak Title Services. The Bank provides a full array of trust, commercial and...

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

July 19, 2023 1:10 PM

STURGIS, MI / ACCESSWIRE / July 19, 2023 / 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 15, 2023, to stockholders of record August 15, 2023. This declaration continues the quarterly dividend at the highest level in the Company's history, in recognition of strong earnings and asset quality.Sturgis Bancorp is the holding company for Sturgis...

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FineMark Holdings, Inc. Reports Second Quarter Earnings 2023

July 19, 2023 12:25 PM

FORT MYERS, FL / ACCESSWIRE / July 19, 2023 / FineMark Holdings, Inc. (the "Holding Company") (OTCQX:FNBT), the parent company of FineMark National Bank & Trust (the "Bank"; collectively, "FineMark"), today reported revenues of $42.5 million and net revenues of $21.6 million for the second quarter ended June 30, 2023, compared to $31.0 million and $27.3 million, respectively, in the second quarter of 2022. Net income was $1.8 million, or...

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Quad M Solutions ($MMMM) Subsidiary Acquires EV Performance Vehicle Maker REV Technologies

July 19, 2023 12:00 PM

SAN DIEGO, CA / ACCESSWIRE / July 19, 2023 / Quad M Solutions (OTCMKTS:MMMM) has announced the acquisition of REV Technologies, a leading race to road electrification technology company.The acquisition gives QM Racing ownership rights to the highly anticipated Riley Streetfighter, a cutting-edge three-wheeled electric vehicle being developed by REV Technologies in association with North Carolina based Riley Technologies.With an impressive 0-60...

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MetLife 2022 Sustainability Report: Creating Value as an Investor

July 19, 2023 12:00 PM

NORTHAMPTON, MA / ACCESSWIRE / July 19, 2023 / MetLife, Inc.Read the full MetLife 2022 Sustainability ReportMetLife Creating Value as an InvestorOur ApproachMetLife's General Account is a key to living up to our promises and our purpose. MetLife's General Account, which totals over $400 billion dollars, is invested responsibly for the long term. The investments in MetLife's General Account help us keep the financial promises we have made to our...

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