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Cashmere Valley Bank Reports Annual Earnings of $26.0 Million
Banking & Financial ServicesEarnings

Cashmere Valley Bank Reports Annual Earnings of $26.0 Million

January 25, 2023 1:55 AM

CASHMERE, WA / ACCESSWIRE / January 25, 2023 / Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced annual earnings of $26.0 million for the year ended December 31, 2022. Diluted earnings per share was $6.69, representing a decrease of $0.70 per share, or 9.5%.On January 24, 2023 the Bank's Board of Directors declared a semi-annual dividend payment of $0.85 per share to shareholders of record on February 3, 2023. The dividend will be paid on...

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Blackhawk Bancorp Earns Record $13.64 Million in 2022 and $4.05 Million in Fourth Quarter 2022
Banking & Financial ServicesEarnings

Blackhawk Bancorp Earns Record $13.64 Million in 2022 and $4.05 Million in Fourth Quarter 2022

January 24, 2023 7:35 PM

BELOIT, WI / ACCESSWIRE / January 24, 2023 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), reported record earnings for the year ended December 31, 2022, with net income of $13.64 million slightly exceeding the previous year's net income of $13.62 million. Diluted Earnings per Share (EPS) for 2022 increased 6.26% to $4.75 compared to the previous record of $4.47 reported for 2021. The...

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BV Financial Announces Financial Results
Banking & Financial ServicesEarnings

BV Financial Announces Financial Results

January 24, 2023 5:10 PM

BALTIMORE, MD / ACCESSWIRE / January 24, 2023 / BV Financial, Inc. (OTC PINK:BVFL), the holding company for BayVanguard Bank (the "Bank"), today reported net income of $11.5 million, or $1.54 per diluted share, for the year ended December 31, 2022 compared to net income of $9.4 million, or $1.32 per diluted share, for the year ended December 31, 2021. Net income for the quarter ended December 31, 2022 was $3.7 million or $0.50 per diluted share...

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Carter Bank & Trust Announces the Promotion of Executives Matt Speare, Rich Spiker and Tony Kallsen to Senior Executive Vice President
Banking & Financial ServicesCompany Update

Carter Bank & Trust Announces the Promotion of Executives Matt Speare, Rich Spiker and Tony Kallsen to Senior Executive Vice President

January 24, 2023 2:30 PM

In addition, Speare has been named the Bank's Chief Operations Officer, a change from his former role as Chief Information Officer.MARTINSVILLE, VA / ACCESSWIRE / January 24, 2023 / Carter Bank & Trust (NASDAQ:CARE) (The "Bank") announced today the promotion of three Bank Executives.Matt Speare, Rich Spiker and Tony Kallsen have all been promoted to Senior Executive Vice Presidents. The three had previously served as Executive Vice...

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Mastercard's Davos Takeaways: The Economy, Blockchain and Building Trust by Accelerating Inclusion
Banking & Financial ServicesEnvironmental, Social and Governance

Mastercard's Davos Takeaways: The Economy, Blockchain and Building Trust by Accelerating Inclusion

January 24, 2023 12:50 PM

NORTHAMPTON, MA / ACCESSWIRE / January 24, 2023 / The Mastercard Center for Inclusive GrowthMastercard's Shamina Singh with Jeff Merritt, a WEF executive committee member and head of urban transformation, at the panel "The Big Opportunity Behind Small Businesses." (Photo: Ciaran McCrickard/World Economic Forum)The Mastercard Center for Inclusive GrowthDAVOS - As multiple crises continue across the globe - including a war just 1,200 miles from...

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Chesapeake Financial Shares Reports Record Earnings and Declares Dividend
Banking & Financial ServicesEarnings

Chesapeake Financial Shares Reports Record Earnings and Declares Dividend

January 24, 2023 10:15 AM

A "Top 200 Community Bank" in the U.S. for the fifteenth consecutive yearKILMARNCOK, VA / ACCESSWIRE / January 24, 2023 / On behalf of Chesapeake Financial Shares, Inc. (parent company of both Chesapeake Bank and Chesapeake Wealth Management), Jeffrey M. Szyperski, Chairman of the Board and CEO, reported record earnings for calendar year 2022 of $17,628,587 representing a 17.4% increase over 2021 earnings. The reported earnings per share were...

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Aegis Capital Corp. Acted as Exclusive Placement Agent on a $4.1 Million Registered Direct & Private Placement for Jupiter Wellness, Inc. (NASDAQ:JUPW)
Banking & Financial ServicesCompany Update

Aegis Capital Corp. Acted as Exclusive Placement Agent on a $4.1 Million Registered Direct & Private Placement for Jupiter Wellness, Inc. (NASDAQ:JUPW)

January 24, 2023 10:00 AM

NEW YORK, NY / ACCESSWIRE / January 24, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $4.1 Million Registered Direct & Private Placement for Jupiter Wellness, Inc. (NASDAQ:JUPW).About Jupiter Wellness, Inc.Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (OTC) products and intellectual property. The Company's product pipeline addresses a range of...

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Kueski Appoints Former Stripe Executive Fausto Ibarra as Chief Product Officer
Banking & Financial ServicesCompany Update

Kueski Appoints Former Stripe Executive Fausto Ibarra as Chief Product Officer

January 24, 2023 10:00 AM

Silicon Valley veteran product leader to guide the company's long-term product ecosystem strategyGUADALAJARA, MEXICO / ACCESSWIRE / January 24, 2022 / Kueski, one of the largest buy now, pay later (BNPL) and online consumer lenders in Latin America, today announced the appointment of Fausto Ibarra as the company's Chief Product Officer. Ibarra will be responsible for leading the company's long-term vision for its financial services product...

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A2Z Smart Technologies Announces Establishment of Smart Cart Maintenance and Support Division and First Services Agreement
Banking & Financial ServicesCompany Update

A2Z Smart Technologies Announces Establishment of Smart Cart Maintenance and Support Division and First Services Agreement

January 24, 2023 9:20 AM

TEL AVIV, ISRAEL / ACCESSWIRE / January 24, 2023 / A2Z Smart Technologies Corp. (NASDAQ:AZ)(TSXV:AZ), today announced the establishment of a Smart Cart maintenance and support division.The maintenance and support division will be established within the Company's wholly owned ISO qualified subsidiary, A2Z MS, which already provides high level maintenance and support services to some of Israel's largest governmental and private organizations. The...

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Fintech Sandbox Continues Strong Momentum into 2023 with Expansion of Global Footprint and Growth of Data Access Residency
Banking & Financial ServicesCompany Update

Fintech Sandbox Continues Strong Momentum into 2023 with Expansion of Global Footprint and Growth of Data Access Residency

January 24, 2023 9:00 AM

Nonprofit Continues to Have High Demand from Early-Stage Startups as it Makes a Positive Impact with its Programming and Community-Led EventsBOSTON, MA / ACCESSWIRE / January 24, 2023 / Fintech Sandbox, a nonprofit that provides early-stage startups around the world with free access to critical datasets and resources, experienced significant growth in 2022, including global expansion of the organization's Data Access Residency and return to...

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Golden Valley Bancshares Reports Fourth Quarter 2022 Results (Unaudited)
Banking & Financial ServicesEarnings

Golden Valley Bancshares Reports Fourth Quarter 2022 Results (Unaudited)

January 23, 2023 6:25 PM

CHICO, CA / ACCESSWIRE / January 23, 2023 / Golden Valley Bancshares (OTC PINK:GVYB), with its wholly owned subsidiary, Golden Valley Bank headquartered in Chico, California today reported fourth quarter 2022 net profit of $1,160,168 compared to $1,087,756 for the quarter ended December 31, 2021, a 6.7% increase. Year to date net profit was $4,579,956 compared to $5,159,320 for the year ended December 31, 2021, an 11.2% decrease. In 2021 the...

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Cycclone Magnetic Engines Limited Opens Component Development Facility
Banking & Financial ServicesMergers and Acquisitions

Cycclone Magnetic Engines Limited Opens Component Development Facility

January 23, 2023 6:15 PM

ARUNDEL QUEENSLAND, AUSTRALIA / ACCESSWIRE / January 23, 2023 / China Dasheng Biotechnology Co. (OTC PINK:CDBT) to be renamed Cycclone Magnetic Engine Developments, Inc., has leased 2 industrial properties in Bangalow, New South Wales, Australia, and established component development operations. Bangalow was chosen due to several of our experienced skilled staff living in the area.Work has now commenced on a range of new components for the...

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Community Bancorp. Reports Fourth Quarter and Full Year 2022 Financial Results
Banking & Financial ServicesEarnings

Community Bancorp. Reports Fourth Quarter and Full Year 2022 Financial Results

January 23, 2023 5:00 PM

DERBY, VT / ACCESSWIRE / January 23, 2023 / Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the fourth quarter ended December 31, 2022, of $4.7 million or $0.86 per share, an increase of $1,335,712 or 39.67% compared to $3.4 million or $0.62 per share for the fourth quarter of 2021. Full year earnings for 2022 were $13.7 million or $2.53 per share, compared to $13.1 million or $2.45 per share for the prior year...

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Horizon Space Acquisition I Corp. Announces the Separate Trading of its Ordinary Shares, Warrants, and Rights, Commencing on January 26, 2023
Banking & Financial ServicesCompany Update

Horizon Space Acquisition I Corp. Announces the Separate Trading of its Ordinary Shares, Warrants, and Rights, Commencing on January 26, 2023

January 23, 2023 4:00 PM

NEW YORK, NY / ACCESSWIRE / January 23, 2023 / Horizon Space Acquisition I Corp. (the "Company") (Nasdaq:HSPOU), a blank check company, today announced that, commencing on January 26, 2023, holders of the 6,900,000 units (the "Units") sold in the Company's initial public offering (the "Offering") including Units sold upon a full exercise of the underwriters' over-allotment option, may elect to separately trade the ordinary shares, warrants, and...

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Commencement Bank (CBWA) Announces New Commercial Banking Team in Tacoma, Washington
Banking & Financial ServicesCompany Update

Commencement Bank (CBWA) Announces New Commercial Banking Team in Tacoma, Washington

January 23, 2023 2:25 PM

TACOMA, WA / ACCESSWIRE / January 23, 2023 / Commencement Bank (OTCQX:CBWA) is pleased to announce that James Miller, David Evans, and Amanda Bowes have joined Commencement following longstanding positions at Columbia Bank. The new commercial banking team will be located at the Bank's headquarters in Tacoma, with Miller as Senior Vice President and Commercial Banking Team Leader. Evans will serve alongside Miller as Vice President and Commercial...

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Valsoft Corporation Strengthens Automotive Portfolio with the Acquisition of Freicon Software GmbH
Banking & Financial ServicesMergers and Acquisitions

Valsoft Corporation Strengthens Automotive Portfolio with the Acquisition of Freicon Software GmbH

January 23, 2023 12:45 PM

MONTREAL, QC / ACCESSWIRE / January 23, 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 acquisition of Freicon Software GmbH ("Freicon"), an industry leader that offers DMS business solutions to automotive retailers and manufacturers.For over 30 years, Freicon has been helping its clients and partners attain...

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Sturgis Bancorp Reports Earnings for 2022
Banking & Financial ServicesEarnings

Sturgis Bancorp Reports Earnings for 2022

January 23, 2023 12:30 PM

STURGIS, MI / ACCESSWIRE / January 23, 2023 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $6.6 million for 2022 and $1.9 million for the fourth quarter of 2022.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 consumer banking...

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
Banking & Financial ServicesDividends

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

January 23, 2023 12:10 PM

STURGIS, MI / ACCESSWIRE / January 23, 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 March 15, 2023, to stockholders of record February 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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Responding to Floods in California
Banking & Financial ServicesEnvironmental, Social and Governance

Responding to Floods in California

January 23, 2023 10:15 AM

NORTHAMPTON, MA / ACCESSWIRE / January 23, 2023 / Originally published on U.S. Bank company blogWith regions of California being impacted by a series of torrential rainstorms, U.S. Bank announced it will provide a $25,000 U.S. Bank Foundation contribution to the Northern California Coastal Region Red Cross in support of disaster relief efforts.The U.S. Bank Foundation is a proud supporter of the American Red Cross Disaster Responder Program,...

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KeyBank Foundation Invests $545,000 To Support Workforce Development and Community Initiatives in Central New York
Banking & Financial ServicesDiversity, Equity and Inclusion

KeyBank Foundation Invests $545,000 To Support Workforce Development and Community Initiatives in Central New York

January 23, 2023 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / January 23, 2023 / The KeyBank Foundation is investing a total of $555,000 in several non-profit organizations in Central New York to support workforce development and community initiatives. These grants are part of KeyBank's $40 billion National Community Benefits Plan, which represents its commitment to diversity, equity, and inclusion."KeyBank's purpose is to help the communities we serve thrive. With these...

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