Banking & Finance

Sturgis Bancorp, Inc. Reports Financial Results for Second Quarter 2026

July 13, 2026 12:35 PM

Sturgis Bancorp, Inc. (OTCQX:STBI) today reported for the second quarter of 2026: Tier 1 Capital The Bank maintained strong capital ratios, exceeding well capitalized requirements, with Tier 1 leverage capital at 8.63%. Key Quarterly Highlights Net income was $2.5 million. Earnings per share of $1.16. Paid dividend of $0.18 per share. Total assets increased to $1.03 billion. From Jason J. Hyska, Sturgis Bancorp, Inc. Chief Executive Officer "The...

Read more

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

July 13, 2026 11:52 AM

Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.18 per common share, payable September 15, 2026, to stockholders of record at the close of business on August 14, 2026. 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 Sturgis Bank & Trust Company (the Bank),...

Read more

Bankers Edge Advisory Launches Buy-Side M&A Practice for Lower Middle Market Platform Builders

July 13, 2026 10:55 AM

Bankers Edge Advisory today announced the launch of a dedicated buy-side M&A advisory practice serving private equity firms, family offices, independent sponsors, search funds, and acquisitive companies across the lower middle market - with a particular focus on platform creation and buy-and-build strategies. The practice pairs a dedicated deal-origination engine with the firm's established capital markets, structuring, and transaction-execution...

Read more

Bluesky Digital Provides Update on Proposed Acquisition of ChessGold Inc.

July 13, 2026 7:00 AM

Bluesky Digital Assets Corp. (CSE:BTC)(OTCQB:BTCWF) ("Bluesky" or the "Company") is providing shareholders with an update regarding its previously announced proposed acquisition of ChessGold Inc. ("ChessGold"), previously announced in the Company's news releases of January 22, 2026 and April 17, 2026 (the "Transaction"), which is currently in advanced stages of review by the Canadian Securities Exchange (the "CSE"). As previously disclosed, the...

Read more

OPEC Fund Provides US$50 Million to SeABank to Boost Small Business and Climate Finance in Viet Nam

July 13, 2026 5:06 AM

The OPEC Fund for International Development (the OPEC Fund) is providing a US$50 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank) to expand financing for small businesses and climate-focused investments across Viet Nam. SeABank has mobilized approximately US$1.1 billion to promote inclusive, sustainable finance in Viet Nam. The loan will help SeABank increase lending to micro, small and medium-sized enterprises (MSMEs), which...

Read more

Alex Cecola of Vincere Portfolios Reviews How Cash Account Investors are Accessing Institutional-Style Futures Strategies

July 10, 2026 6:25 PM

Alex Cecola of Vincere Portfolios is reviewing a growing shift taking place within the investment landscape as more individual investors seek access to structured, institutional-style trading approaches through their own cash accounts. The company, which specializes in automated futures trading systems, has observed increasing interest from investors looking beyond traditional discretionary trading methods and toward systematic strategies built...

Read more

Bank CMG Acquires Farmers Savings Bank, Expanding Community Banking Presence Across Wisconsin

July 10, 2026 3:40 PM

Bank CMG announced today the successful completion of its acquisition of Farmers Savings Bank, bringing together two respected Wisconsin community banks with a shared commitment to customer service, local decision-making, and investing in the communities they serve. The acquisition leverages Bank CMG's innovative financial solutions and growing statewide presence with Farmers Savings Bank's over century-long commitment to serving families,...

Read more

F&M Bank Corp. Uses After-Tax Gain to Restructure Bond Portfolio

July 10, 2026 2:40 PM

F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank"), today reported that it completed a restructuring of its available-for-sale (AFS) securities portfolio in June 2026. The restructuring follows the recognition of a one-time, pre-tax gain of $4.8 million from the April 2026 sale of Richmond-based Bearing Insurance ("Bearing"). In the restructuring, the Company sold...

Read more

FRMO Announces Change in Fiscal Year End

July 10, 2026 9:00 AM

FRMO Corp. (the "Company" or "FRMO") (OTCID:FRMO) today announced that the Company's Board of Directors approved a change in FRMO's fiscal year end from May 31 to June 30. Accordingly, the Company will report a transition period (the "Transition Period") that runs from June 1, 2026 to June 30, 2026. The Company's next full fiscal year will be from July 1, 2026 to June 30, 2027, with interim quarterly reports issued as of and for the periods...

Read more

Expedition Partners and Birge & Held Acquire 'The Signature' in Carmel, Indiana

July 10, 2026 8:55 AM

Expedition Partners, a private investment firm, in partnership with Birge & Held, a leading national real estate investment, management, and construction firm, today announced the acquisition of The Signature, a newly completed Class A multifamily community in Carmel, Indiana. This milestone transaction propels the partnership's joint multifamily portfolio to approximately $340 million and positions the venture to achieve $500 million by the end...

Read more

Spartan Capital Secures $160 Million Senior Credit Facility to Expand Small Business Funding Nationwide

July 10, 2026 8:00 AM

Spartan Capital, a leading revenue-based financing provider serving small and medium-sized businesses (SMBs) across the United States, announced today that it closed a new senior credit facility with a leading specialty finance lender. The $60 million facility at closing can grow an additional $100 million, giving Spartan Capital greater capacity to fund SMBs as owners turn to more flexible, non-bank capital to manage cash flow and invest in...

Read more

World Population Day: Swiss Re Life & Health CEO Says The Next Decade Will Re-Write The Intergenerational Contract

July 10, 2026 6:51 AM

Op-ed by Paul Murray, CEO Life & Health Reinsurance, Swiss Re. Ten years. That is roughly how long we have before many societies reach one of the most defining demographic tipping points of our era: the point at which the "new" silver economy (over 65's) outnumber people aged 30-59 who have traditionally been the bedrock of the life and pensions system. The intergenerational contract needs a re-write The significance of this shift goes far...

Read more

Coeur d’Alene Bancorp Announces Its Second Quarter 2026 Results

July 9, 2026 5:45 PM

Coeur d'Alene Bancorp, today reported net income of $452,337 or $0.24 per share for the second quarter 2026, compared to $372,894 or $0.20 per share for the second quarter 2025. Net income of $841,472 or $0.44 per share for the six months ended June 30, 2026, was also reported, compared to $622,653 or $0.33 per share for the six months ended 2025. All results are unaudited. "We are pleased with the results for the first half of the year with...

Read more

Commencement Bank Hires Vice President & SBA Lending Manager, Erin Shannon

July 9, 2026 5:05 PM

Commencement Bank, a subsidiary of Commencement Bancorp, Inc. (OTCQX:CBWA), announced the addition of Vice President and Small Business Administration (SBA) Manager, Erin Shannon. Shannon will serve as the Bank's subject matter expert and operational lead for all Small Business Administration (SBA) lending activity. Shannon brings more than 20 years of banking experience with a specialized focus on SBA lending. Her background includes SBA loan...

Read more

Lendistry Receives a $100 Million Credit Facility from East West Bank

July 9, 2026 2:00 PM

Lendistry today announced that it has received a $100 million credit facility from East West Bank, including a $100 million accordion feature that provides additional borrowing capacity as the program grows. This capital supports Lendistry's Airport Concessions Program (ACP), which was created to fund small businesses that operate in airports nationwide. In addition to small restaurants and convenience brands, many travelers don't realize that...

Read more

Lynam Partners Reports Rising Gulf Allocations to US-Bound Growth Companies

July 9, 2026 12:30 PM

Gulf capital is taking a growing role in funding growth companies on their way into the United States, according to Lynam Partners, the capital advisory firm connecting Gulf and international investors with growth companies across Europe and North America. The firm reports that an increasing share of its investor conversations across Riyadh, Abu Dhabi, Dubai and Doha now centre on direct growth equity with a US revenue thesis, a shift from the...

Read more

Retirement Income Mistakes: 5 Potential Errors That Can Threaten Your Financial Security

July 9, 2026 12:10 PM

Many people spend their working years focused on accumulating assets. They contribute to their 401(k)s, IRAs, brokerage accounts, and savings plans with the hope that one day they will have enough money to retire comfortably. While building wealth is important, retirement is not solely about how much money you have accumulated. It is also about how much income your assets can generate and whether that income is expected to support your needs...

Read more

Crash Proof Retirement(R) Surpasses $100,000 in Lifetime Donations to Semper Fi & America's Fund at 11th Annual PFC Johnny Kihm Memorial Golf Outing

July 9, 2026 10:00 AM

Crash Proof Retirement®, the Greater Philadelphia area's leading consumer-advocacy firm for those in and near retirement, announced that its participation in the 11th Annual PFC Johnny Kihm Memorial Golf Outing has pushed its lifetime donations to Semper Fi & America's Fund past the $100,000 mark. The outing, held on Monday, May 18th at Bensalem Country Club in Bensalem, PA, raised $31,290, the most in the event's 11-year history. Combined with...

Read more

Optima Tax Relief Concludes Annual Donation Drive Supporting Families Across Los Angeles and Orange County

July 9, 2026 10:00 AM

Optima Tax Relief has completed its annual donation drive, bringing together employees across the organization to support nonprofit partners serving communities throughout Los Angeles and Orange County. This year's effort focused on providing essential goods including shoes, clothing, books, and food to organizations assisting individuals and families in need. Donations collected during this year's drive included: Books: 65 books Clothing: 1,200...

Read more

ValorPay to Join T2, the Eurosystem's Real-Time Settlement System

July 9, 2026 10:00 AM

ValorPay UAB ("ValorPay") is set to become a direct participant in T2, the Eurosystem's real-time gross settlement (RTGS) system for high-value euro payments - a major milestone in the company's European growth. Having secured the necessary regulatory approval from the Bank of Lithuania, ValorPay is now moving to establish the network connectivity and technical configuration required to go live. Direct participation in T2 will allow ValorPay to...

Read more