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Investar Holding Corporation Announces 2022 Fourth Quarter Results
Banking & Financial ServicesEarnings,Earnings

Investar Holding Corporation Announces 2022 Fourth Quarter Results

January 25, 2023 6:02 PM

BATON ROUGE, LA / ACCESSWIRE / January 25, 2023 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended December 31, 2022. Investar reported net income of $8.9 million, or $0.88 per diluted common share, for the fourth quarter of 2022, compared to net income of $7.3 million, or $0.73 per diluted common share, for...

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ESSA Bancorp, Inc. Announces Fiscal 2023 First Quarter Financial Results
Banking & Financial ServicesEarnings

ESSA Bancorp, Inc. Announces Fiscal 2023 First Quarter Financial Results

January 25, 2023 4:30 PM

STROUDSBURG, PA / ACCESSWIRE / January 25, 2023 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $1.9 billion asset financial institution providing full service commercial and retail banking, financial, and investment services in eastern Pennsylvania, today announced financial results for the fiscal first quarter ended December 31, 2022.Net income was $4.9 million, or $0.50 per...

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Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share
Banking & Financial ServicesEarnings

Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share

January 25, 2023 4:30 PM

AURORA, IL / ACCESSWIRE / January 25, 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 fourth quarter of 2022. Our net income was $23.6 million, or $0.52 per diluted share, for the fourth quarter of 2022, compared to net income of $19.5 million, or $0.43 per diluted share, for the third quarter...

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Orange County Bancorp, Inc. Announces Record Quarterly and Annual Earnings:
Banking & Financial ServicesEarnings

Orange County Bancorp, Inc. Announces Record Quarterly and Annual Earnings:

January 25, 2023 4:15 PM

Net income for Q4 2022 reached a quarterly record $9.1 million, a $3.6 million, or 65.0% increase, over net income of $5.5 million in Q4 2021, due primarily to increased interest incomeNet income for fiscal year 2022 reached a record $24.4 million, a $3.1 million, or 14.4% increase, over net income of $21.3 million in fiscal year 2021, also due primarily to increased interest incomeTotal assets increased $144.8 million, or 6.8%, to $2.3 billion...

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PB Financial Corporation Reports Record Earnings for Both the Fourth Quarter and the Year 2022
Banking & Financial ServicesEarnings

PB Financial Corporation Reports Record Earnings for Both the Fourth Quarter and the Year 2022

January 25, 2023 2:40 PM

5ROCKY MOUNT, NC / ACCESSWIRE / January 25, 2023 / Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company (the "Company") for Providence Bank, announced today that the Company reported net income for the quarter ended December 31, 2022, of $4,329,604 compared to $2,706,912 for the same period in 2021, an increase of 59.95%. For 2022, net income was $14,254,101 compared to $9,819,356 for 2021, an...

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Zimtu Capital Corp. Announces Private Placement Offering of Units
Banking & Financial ServicesCompany Update

Zimtu Capital Corp. Announces Private Placement Offering of Units

January 25, 2023 2:15 PM

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / January 25, 2023 / Zimtu Capital Corp. (TSX.V:ZC; FSE:ZCT1) (the "Company" or "Zimtu") announces a non-brokered private placement offering (the "Offering") of up to 14,285,714 units (the "Units") at a price of $0.07 per Unit for gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share in the...

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New House Sustainable Investment Caucus Will Provide a Key Voice in Congress for Smart Investing
Banking & Financial ServicesEnvironmental, Social and Governance

New House Sustainable Investment Caucus Will Provide a Key Voice in Congress for Smart Investing

January 25, 2023 1:20 PM

NORTHAMPTON, MA / ACCESSWIRE / January 25, 2023 / Today's launch of a newly formed congressional caucus within the U.S. House of Representatives marks a key moment of support and oversight for smart investing practices that recognize sustainability issues like the climate crisis as major financial concerns.Co-chaired by U.S. Reps. Juan Vargas and Sean Casten, the House Sustainable Investment Caucus will provide a space for members of Congress to...

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Oak View Bankshares, Inc. Announces Record Earnings for 2022 and Doubles Dividend
Banking & Financial ServicesEarnings

Oak View Bankshares, Inc. Announces Record Earnings for 2022 and Doubles Dividend

January 25, 2023 1:15 PM

WARRENTON, VA / ACCESSWIRE / January 25, 2023 / Oak View Bankshares, Inc. (the "Company") (OTC Pink:OAKV), parent company of Oak View National Bank (the "Bank"), reported net income of $1.20 million for the quarter ended December 31, 2022, compared to net income of $868,000 for the quarter ended December 31, 2021, an increase of 38.68%. Basic and diluted earnings per share for the fourth quarter were $0.41 compared to $0.29 per share for the...

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Valsoft Acquires Service Management Solutions Provider Futura Soluzioni Informatiche
Banking & Financial ServicesMergers and Acquisitions

Valsoft Acquires Service Management Solutions Provider Futura Soluzioni Informatiche

January 25, 2023 12:10 PM

MONTRÉAL, QC / ACCESSWIRE / January 25, 2023 / Valsoft Corporation Inc. ("Valsoft"), a Montreal-based company specializing in the acquisition and development of software companies in vertical markets, is pleased to announce the acquisition of Futura Soluzioni Informatiche ("Futura"), a cloud management solution created for service companies based in Italy. Futura has been providing service management solutions for heating maintenance...

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Valsoft acquiert le fournisseur de solutions de gestion des services Futura Soluzioni Informatiche
Banking & Financial ServicesMergers and Acquisitions

Valsoft acquiert le fournisseur de solutions de gestion des services Futura Soluzioni Informatiche

January 25, 2023 12:10 PM

MONTRÉAL, QC / ACCESSWIRE / le 25 janvier 2023 / Valsoft Corporation Inc. (« Valsoft »), société montréalaise spécialisée dans l'acquisition et le développement de firmes logicielles verticalement intégrées, est heureuse d'annoncer l'acquisition de Futura Soluzioni Informatiche (« Futura »), un fournisseur de solutions de gestion infonuagique destinées...

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PNC Taps High Schools as Means of Solving Entry-Level Skills Gap
Banking & Financial ServicesEnvironmental, Social and Governance

PNC Taps High Schools as Means of Solving Entry-Level Skills Gap

January 25, 2023 10:10 AM

NORTHAMPTON, MA / ACCESSWIRE / January 25, 2023 / The PNC Financial Services GroupPNC | InsightsThere's a problem in the labor market, and PNC has emerged as a corporate leader in helping to solve it through an impactful program.Pre-pandemic, 70% of employers in Pittsburgh, where PNC is based, cited a skills gap between what they needed and what was available in the current talent pool1.That skills gap, combined with the 22% of workers expected...

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Insurance Agency Mergers and Acquisitions Rise Then Fall in 2022
Banking & Financial ServicesMergers and Acquisitions

Insurance Agency Mergers and Acquisitions Rise Then Fall in 2022

January 25, 2023 10:09 AM

Deals for property & casualty and benefits brokers in US and Canada rise in first half and fall dramatically in second half, OPTIS Partners reportsCHICAGO, IL / ACCESSWIRE / January 25, 2023 / There were 987 announced insurance agency mergers and acquisitions in 2022, down 8% from 1,075 reported in 2021, according to OPTIS Partners. A significant rise in interest rates and economic uncertainty may be forcing a few buyers to pull back and...

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Oportun Wins CEO Connection 2023 Economic Justice Award
Banking & Financial ServicesEnvironmental, Social and Governance

Oportun Wins CEO Connection 2023 Economic Justice Award

January 25, 2023 10:00 AM

SAN CARLOS, CA / ACCESSWIRE / January 25, 2023 / Oportun (Nasdaq:OPRT), a mission-driven fintech and digital banking platform, today announced that it has been named a winner of the 2023 CEO Connection Economic Justice Award and recognized as an Economic Justice Champion. This award recognizes mid-market companies that are influencing change, innovation, and standards for excellence, while making equal opportunity in their companies and...

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KeyBank To Offer SONYMA Loans To Help First Time Homebuyers
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank To Offer SONYMA Loans To Help First Time Homebuyers

January 25, 2023 9:30 AM

NORTHAMPTON, MA / ACCESSWIRE / January 25, 2023 / KeyBank (NYSE:KEY) is pleased to announce that it offers State of New York Mortgage Agency (SONYMA) loans. SONYMA offers low-interest rate mortgage loans and programs to help qualified buyers purchase their first home in the state of New York. SONYMA has two primary mortgage programs that KeyBank offers - Achieving the Dream and Low Interest Rate. Both programs have SONYMA's optional down payment...

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Engage People to Empower bp Customers to Pay with Their Reward Points at the Pump
Banking & Financial ServicesCompany Update

Engage People to Empower bp Customers to Pay with Their Reward Points at the Pump

January 25, 2023 9:00 AM

New partnership with Velocity Logic allows participating gas stations to accept loyalty points at the pumpTORONTO, ON / ACCESSWIRE / January 25, 2023 / Engage People, the only loyalty network that enables program members to pay with points (PwP) directly at checkout, today announced it is partnering with Velocity Logic, a reward technology company, to allow bp retail consumers to use their loyalty and rewards points at the pump.bp consumers will...

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Growing Pains: Responsible Investing Reaches Adolescence by AB
Banking & Financial ServicesEnvironmental, Social and Governance

Growing Pains: Responsible Investing Reaches Adolescence by AB

January 25, 2023 9:00 AM

NORTHAMPTON, MA / ACCESSWIRE / January 25, 2023 / AllianceBernstein Environmental, social and governance (ESG) investing has survived a challenging year, with increased regulatory scrutiny and rocky performance providing fodder for fierce debate. While the turmoil that comes with rapid change can be unsettling, we welcome it as a sign that responsible investing is growing up.In fact, we've witnessed this natural phase during previous paradigm...

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Webster Bank Announces Launch of Finance Lab With Yonkers Partners in Education
Banking & Financial ServicesEnvironmental, Social and Governance

Webster Bank Announces Launch of Finance Lab With Yonkers Partners in Education

January 25, 2023 9:00 AM

YONKERS, NY / ACCESSWIRE / January 25, 2023 / Webster Bank, together with Yonkers Partners in Education (YPIE), announced it has launched the first-ever Webster/YPIE Finance Lab and introduced the YPIE Finance Major, created to provide students in Yonkers schools with the financial literacy skills needed for economic empowerment. These programs are sponsored by a founding investment of $100,000 from Webster.The Webster/YPIE Finance Lab is a new...

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Newman Schimel to Join Focus Partner Firm Kovitz Investment Group, Expanding Kovitz's Greater Chicago Area Presence in its Second Transaction Announced in 2023
Banking & Financial ServicesPartnerships

Newman Schimel to Join Focus Partner Firm Kovitz Investment Group, Expanding Kovitz's Greater Chicago Area Presence in its Second Transaction Announced in 2023

January 25, 2023 9:00 AM

NEW YORK, NY / ACCESSWIRE / January 25, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Newman & Schimel, LLC("Newman Schimel"), a registered investment adviser based in Deerfield, IL, will join Chicago-based Focus partner firm Kovitz Investment Group Partners, LLC ("Kovitz"). This...

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CORRECTION FROM SOURCE: Valsoft Corporation Strengthens Automotive Portfolio With the Acquisition of Dealer Management Software Solution FILAKS.PLUS
Banking & Financial ServicesMergers and Acquisitions

CORRECTION FROM SOURCE: Valsoft Corporation Strengthens Automotive Portfolio With the Acquisition of Dealer Management Software Solution FILAKS.PLUS

January 25, 2023 9:00 AM

This press release is to correct erroneous information in a press release published Monday, January 23, 2023, entitled: Valsoft Corporation Strengthens Automotive Portfolio with the Acquisition of Freicon Software GmbHMONTREAL, QC / ACCESSWIRE / January 25, 2023 / Valsoft Corporation Inc. ("Valsoft"), a Montreal-based company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the...

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Standard Premium Finance Holdings, Inc. Declares Quarterly Dividend
Banking & Financial ServicesDividends

Standard Premium Finance Holdings, Inc. Declares Quarterly Dividend

January 25, 2023 8:15 AM

MIAMI, FL / ACCESSWIRE / January 25, 2023 / The Board of Directors of Standard Premium Finance Holdings, Inc. ("Standard") (OTCQX:SPFX) declared a quarterly cash dividend of $0.0175 per preferred share on January 9, 2023, payable on January 20, 2023, to preferred shareholders of record on December 31, 2022.Based on the original price of Standard's preferred shares of $10.00 per share, the quarterly dividend produces an annualized yield of...

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