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Commencement Bancorp, Inc. (CBWA) Announces Full Year 2022 Earnings
Banking & Financial ServicesEarnings

Commencement Bancorp, Inc. (CBWA) Announces Full Year 2022 Earnings

February 6, 2023 6:15 PM

Q4 2022 net income of $1.6 million, or $0.41 per share.Net income of $5.5 million, or $1.38 per share.Total assets were $580.8 million, including 29% year-over-year loan growth (excluding Paycheck Protection Program loans).Year-over-year deposit growth of 6%. Non-interest-bearing deposits increased 19% and represented 35% of total deposits on December 31, 2022, compared to 31% one year earlier.Return on average assets for Q4 2022 was 1.14%,...

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Infinity Bancorp Announces 2022 Year End Financial Results
Banking & Financial ServicesEarnings

Infinity Bancorp Announces 2022 Year End Financial Results

February 6, 2023 5:10 PM

SANTA ANA, CA / ACCESSWIRE / February 6, 2023 / Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced financial results for the year ended, December 31, 2022.Formation of Infinity Bancorp and basis of presentation:On October 21, 2022, management received final approval for the formation of a Bank Holding Company, Infinity Bancorp. Infinity Bank is the sole subsidiary of...

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RE Royalties Announces Initial Closing of Private Placement of Series 3 Secured Green Bonds
Banking & Financial ServicesCompany Update

RE Royalties Announces Initial Closing of Private Placement of Series 3 Secured Green Bonds

February 6, 2023 5:00 PM

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / February 6, 2023 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"),a global leader in renewable energy royalty-based financing, is pleased to announce the successful initial closing (the "Initial Closing") of its non-brokered private placement offering (the "Private Placement") of Series 3 senior secured...

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Boxwood Partners Kicks Off 2023 With Successful Deal in Waste & Recycling Industry
Banking & Financial ServicesMergers and Acquisitions

Boxwood Partners Kicks Off 2023 With Successful Deal in Waste & Recycling Industry

February 6, 2023 3:30 PM

Leading Mid-Market Investment Bank Advises on Sale of PTR Baler & Compactor Company to KomarJUPITER, FL / ACCESSWIRE / February 6, 2023 / Boxwood Partners, a trusted M&A advisor, announces its involvement in another successful closed deal. PTR Baler and Compactor Company ("PTR"), a leading waste and recycling equipment manufacturer, technology innovator and national service provider for vertical balers, stationary compactors,...

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Rand Merchant Bank (RMB) to Facilitate Business Flows into Africa Through Establishment of United States (US) Presence
Banking & Financial ServicesCompany Update

Rand Merchant Bank (RMB) to Facilitate Business Flows into Africa Through Establishment of United States (US) Presence

February 6, 2023 1:50 PM

NEW YORK, NY / ACCESSWIRE / February 6, 2023 / Rand Merchant Bank (RMB) (www.RMB.co.za) is now operating from a New York based representative office, to facilitate greater US business flows into the African continent. RMB's parent, FirstRand Bank, has received all necessary approvals from the United States Federal Reserve Board and New York State Department of Financial Services.RMB CEO Emrie Brown said that foreign investors are increasingly...

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The Tie Achieves SOC 2 Type I Compliance
Banking & Financial ServicesCompany Update

The Tie Achieves SOC 2 Type I Compliance

February 6, 2023 12:00 PM

NEW YORK, NY / ACCESSWIRE / February 6, 2023 / The Tie, the leading provider of information services for digital assets, has successfully completed its System and Organization Controls (SOC) 2 Type I Audit, achieving compliance with industry-leading standards for data security.With a client base comprised of the leading institutions in digital assets, The Tie understands the importance of stringent controls around data security to protect our...

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‘Building Back Better’ in Waverly
Banking & Financial ServicesEnvironmental, Social and Governance

‘Building Back Better’ in Waverly

February 6, 2023 10:15 AM

NORTHAMPTON, MA / ACCESSWIRE / February 6, 2023 / Regions BankRegions' Mary McMillan, Kathy Peyton, Scott Beard and Rudy Walker were all part of the groundbreaking for the new branch in Waverly, Tennessee.By Wayne ThompsonThe Regions Bank branch in Waverly, Tennessee, was among the businesses heavily damaged when catastrophic floodwaters swept across Middle Tennessee in August 2021.Doing More Today spoke with four associates who took part in the...

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Cboe Vest Launches a First-of-Its-Kind ETF Aiming to Offset Some of the Risk of Rising Interest Rates
Banking & Financial ServicesProduct Announcements

Cboe Vest Launches a First-of-Its-Kind ETF Aiming to Offset Some of the Risk of Rising Interest Rates

February 6, 2023 9:55 AM

RYSE seeks to provide a hedge against, and generate capital appreciation from, rising 10-year interest ratesMCLEAN, VA / ACCESSWIRE / February 6, 2023 / Cboe Vest Financial LLC ("Cboe Vest"), the inventor of Target Outcome Investments®, announced the launch of the Cboe Vest 10-Year Interest Rate Hedge ETF (RYSE).RYSE, which listed on Friday, February 3, 2023, is a first-of-its-kind ETF, seeking to generate capital appreciation from an increase...

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Aegis Capital Corp. Acted as Exclusive Placement Agent on a $3.8 Million Private Placement for Sharps Technology, Inc. (NASDAQ:STSS)
Banking & Financial ServicesCompany Update

Aegis Capital Corp. Acted as Exclusive Placement Agent on a $3.8 Million Private Placement for Sharps Technology, Inc. (NASDAQ:STSS)

February 6, 2023 9:50 AM

NEW YORK, NY / ACCESSWIRE / February 6, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.8 Million Private Placement for Sharps Technology, Inc. (NASDAQ:STSS).About Sharps Technology, Inc.Sharps Technology is a medical device and pharmaceutical packaging company specializing in the development and manufacturing of innovative drug delivery systems. The company's product lines focus on low waste and ultra-low waste syringe...

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Study Finds That U.S. Bank Student Scholarship Program Boosts Financial Wellness
Banking & Financial ServicesEnvironmental, Social and Governance

Study Finds That U.S. Bank Student Scholarship Program Boosts Financial Wellness

February 6, 2023 9:40 AM

NORTHAMPTON, MA / ACCESSWIRE / February 6, 2023 / U.S. BankOriginally published on U.S. Bank company blogThe U.S. Bank Student Scholarship Program aims to provide college and college-bound students with financial wellness concepts and information at a critical stage of their lives. A new study designed and conducted by Concentrix found that the program is doing exactly that, giving students more confidence and knowledge of their...

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Community Foundation for Greater Atlanta Announces  $15 Million Impact Investment from Truist
Banking & Financial ServicesEnvironmental, Social and Governance

Community Foundation for Greater Atlanta Announces $15 Million Impact Investment from Truist

February 6, 2023 9:15 AM

ATLANTA, GA / ACCESSWIRE / February 6, 2023 / The Community Foundation for Greater Atlanta and Truist Financial Corporation [NYSE:TFC] today announce Truist's $15 million commitment to GoATL, the Community Foundation's impact investment platform. Truist is providing the lead investment in the newly launched GoATL Affordable Housing Fund-$14 million of a $75 million fund designed to close funding gaps in affordable housing...

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KeyBank Foundation Invests $1.25 Million to Support Workforce Development, DEI and Education in Northeast Ohio
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank Foundation Invests $1.25 Million to Support Workforce Development, DEI and Education in Northeast Ohio

February 6, 2023 9:15 AM

CLEVELAND, OH / ACCESSWIRE / February 6, 2023 / The KeyBank Foundation is investing a total of $1,250,000 in seven non-profit organizations in Northeast Ohio to support workforce development, education, and diversity, equity and inclusion (DEI) initiatives. These grants are part of KeyBank's commitment to invest $40 billion in the communities it serves. "Cleveland is KeyBank's hometown and we have a long, proud history of supporting...

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RE Royalties Acquires New Royalty on 27MW Solar Project in Pennsylvania
Banking & Financial ServicesMergers and Acquisitions

RE Royalties Acquires New Royalty on 27MW Solar Project in Pennsylvania

February 6, 2023 9:00 AM

All amounts in US dollars unless otherwise stated.VANCOUVER, BC / ACCESSWIRE / February 6, 2023 / RE Royalties Ltd. (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce that it has acquired a gross revenue royalty on the 27 MWDC (20 MWAC) Jackson Center Solar Project Phase 2 ("Jackson Center 2" or the "Project"),...

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Intrepid Advises Wine Warehouse, One of the Largest Wholesale Distributors of Fine Wine, Craft Beer, and Artisanal Spirits, on its Pending Sale to Breakthru Beverage Group
Banking & Financial ServicesMergers and Acquisitions

Intrepid Advises Wine Warehouse, One of the Largest Wholesale Distributors of Fine Wine, Craft Beer, and Artisanal Spirits, on its Pending Sale to Breakthru Beverage Group

February 3, 2023 5:00 PM

LOS ANGLES, CA / ACCESSWIRE / February 3, 2023 / Intrepid Investment Bankers, a leading middle-market investment bank, announced today that Wine Warehouse has signed a definitive agreement to be acquired by Breakthru Beverage Group, one of the largest distributors of alcoholic beverages in the U.S. Intrepid acted as the exclusive financial advisor to Wine Warehouse.Founded in Los Angeles, California in 1973 by passionate wine collectors Bob and...

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SSB Bancorp, Inc Reports Unaudited Consolidated Financial Results For the Year Ended December 31, 2022
Banking & Financial ServicesEarnings

SSB Bancorp, Inc Reports Unaudited Consolidated Financial Results For the Year Ended December 31, 2022

February 3, 2023 4:35 PM

PITTSBURGH, PA / ACCESSWIRE / February 3, 2023 / SSB Bancorp, Inc (OTC PINK:SSBP - news) (the "Company"), the holding company for SSB Bank (the "Bank"), today announced the Company's unaudited, consolidated results of operations for the year ended December 31, 2022.Total assets increased $16.2 million to $251.2 million at December 31, 2022, from $234.9 million at December 31, 2021. The increase in assets was due to an increase in deposits of...

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Ecofin Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary
Banking & Financial ServicesCompany Update

Ecofin Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary

February 3, 2023 4:15 PM

OVERLAND PARK, KS / ACCESSWIRE / February 3, 2023 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) fourth quarter 2022 commentary is now available. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests. A copy of the commentary piece is available here on the company website.For additional information on this fund, please visit...

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Intrepid Advises S&S Activewear On Its Sale of Ouray Sportswear to L2 Brands
Banking & Financial ServicesMergers and Acquisitions

Intrepid Advises S&S Activewear On Its Sale of Ouray Sportswear to L2 Brands

February 3, 2023 3:30 PM

LOS ANGELES, CA / ACCESSWIRE / February 3, 2023 / Intrepid Investment Bankers ("Intrepid"), a leading middle-market investment bank, announced today that it acted as the exclusive financial advisor to S&S Activewear ("S&S"), a portfolio company of private equity group Clayton, Dubilier & Rice, on its sale of Ouray Sportswear ("Ouray") to L2 Brands ("L2"), a portfolio company of private equity group Sentinel Capital Partners.With five...

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Here to Serve: Regions Bank and Regions Foundation Announce Tornado-Recovery Plan
Banking & Financial ServicesEnvironmental, Social and Governance

Here to Serve: Regions Bank and Regions Foundation Announce Tornado-Recovery Plan

February 2, 2023 3:00 PM

BIRMINGHAM, AL. / ACCESSWIRE / February 2, 2023 / By Jennifer ElmoreRegions Bank and the Regions Foundation announced a comprehensive tornado relief plan aimed at supporting communities that were impacted by a series of tornadoes on Jan. 12.The plan is based on three key elements:Regions Foundation grants supporting storm relief in Dallas and Autauga counties in AlabamaVolunteerism from Regions Bank associatesDisaster-recovery financial services...

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Fortune Names U.S. Bank One of the 2023 World’s Most Admired Companies
Banking & Financial ServicesEnvironmental, Social and Governance

Fortune Names U.S. Bank One of the 2023 World’s Most Admired Companies

February 2, 2023 2:15 PM

NORTHAMPTON, MA / ACCESSWIRE / February 2, 2023 / U.S. Bank Originally published on U.S. Bank company blogFortune magazine recognized U.S. Bank as one of the 2023 World's Most Admired Companies, naming it No. 1 in the Superregional Banks industry category for the 13th consecutive year.Within the Superregional Banks industry category, U.S. Bank topped the list in seven of the nine key attributes of reputation: People Management, Use of Corporate...

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Modern Pro Solutions Confirms Artificial Intelligence (AI) and Installation Partnerships
Banking & Financial ServicesCompany Update

Modern Pro Solutions Confirms Artificial Intelligence (AI) and Installation Partnerships

February 2, 2023 11:45 AM

CHINO, CA / ACCESSWIRE / February 2, 2023 / Harrison, Vickers & Waterman, Inc. ("HVCW"), through its operating subsidiary, Pacific Energy Network LLC, d/b/a Modern Pro Solutions ("MPS"), (together the "Company") (OTC PINK:HVCW) announces new partnership with an Artificial Intelligence (AI) company as well as large installation partnership.Modern Pro Solutions has teamed up with an Artificial Intelligence company that will relieve many...

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