RALEIGH, N.C., July 2, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended June 30, 2024, before the U.S. financial markets open on Thursday, July 25, 2024. A conference call and webcast will be held to discuss BancShares' financial results at 9 a.m. Eastern time on the same day. The conference call and webcast may contain forward-looking statements and other material information. To pre-register ...

Citizens, Inc. (NYSE: CIA) is a diversified financial services company providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the U.S., Latin America, and Asia. Through its customer-centric growth strategy, Citizens offers innovative products to address the evolving needs of its customers in their native languages of English, Spanish, Portuguese, and Mandarin. The Company operates two primary segments: Life Insurance, where internation ...

Core Insights - Gildan Activewear Inc. has been recognized as one of the Best 50 Corporate Citizens in Canada for the third consecutive year and is the only company in the Textiles & Clothing Manufacturing peer group to be included [1][2] - The company has also been featured in TIME's inaugural edition of the World's Most Sustainable Companies, being one of only 12 Canadian companies on this global list [1][3] Group 1: Recognition and Rankings - Gildan's inclusion in the rankings by Corporate Knights is based on an assessment of Canadian corporations with gross annual revenues over CAD $1 billion, evaluated on up to 25 key performance indicators including carbon emissions and social equity [2] - TIME's ranking identifies the top 500 companies from over 5,000 assessed on more than 20 key data points, including ESG rankings and various sustainability metrics [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under several brands including Gildan®, American Apparel®, and Comfort Colors® [5] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [6]

Citizens, Inc. Corrects Information Error in Some Investor Platforms June 27, 2024 3:52 PM EDT | Source: Citizens, Inc. Citizens, Inc. (NYSE: CIA), a diversified financial services company, is not a bank and is not subject to the Federal Reserve stress test. Citizens Financial Group, Inc. (NYSE: CFG) is a bank that is subject to the stress test. The Federal Reserve's 2024 stress test published on June 26, 2024 is HERE. Citizens, Inc. (NYSE: CIA) is a diversified financial services company providing life, li ...

The Best 50 Corporate Citizens in Canada are each evaluated on a set of up to 25 environmental, social and governance indicators including board diversity, resource efficiency, financial management, sustainable revenue and sustainable investment. For more information about the Best 50 Corporate Citizens in Canada and the full rankings, visit https://www.corporateknights.com/rankings/best-50-rankings/2024-best-50-rankings/. These forward-looking statements include, but are not limited to, statements relating ...

Core Insights - Wheaton Precious Metals has been recognized as one of Corporate Knights' 2024 Best 50 Corporate Citizens in Canada, highlighting its commitment to sustainability and responsible mining practices [7][8] - The company's sustainability score is significantly influenced by sustainable revenue, reflecting the quality of its mining partners and the thorough due diligence process employed [1][8] - Wheaton's business model provides investors with leverage to commodity prices while maintaining a lower risk profile compared to traditional mining companies, resulting in high cash operating margins [3] Company Overview - Wheaton Precious Metals is a leading precious metals streaming company with a portfolio of long-life, low-cost assets, consistently outperforming gold and silver investments [3] - The company is dedicated to strong Environmental, Social, and Governance (ESG) practices and aims to create sustainable value through its streaming model [3] - Wheaton's commitment to community support and responsible mining practices is emphasized by its partnerships with mining companies that share similar values [8]

NEW YORK, June 25, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership. Formed in 2005, Euroseas (Nasdaq: ESEA) is an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes. The company has a fleet of 22 vessels, including 15 Feeder containerships and 7 Intermediate containerships. Eurose ...

Core Insights - The study conducted by First Citizens Wealth reveals affluent Americans' attitudes towards money management, retirement, and wealth transfer, highlighting a disconnect between perceived financial management and actual preparedness for wealth transfer [1][2][5]. Wealth Management Attitudes - 66% of affluent Americans believe they manage their money better than others, with only 4% feeling they do worse [1][2]. - Approximately 50% of affluent Americans report being very prepared to pass down wealth, despite 94% intending to do so [4][5]. Retirement Expectations - Affluent Americans expect to need $5.5 million to retire and pass down wealth, while $3 million is deemed necessary for a comfortable retirement [3]. - Nearly 1 in 5 affluent Americans (18%) are uncertain about their retirement timing, with 44% concerned about maintaining their lifestyle post-retirement [3]. Financial Planning and Preparedness - 75% of affluent Americans have a written financial plan, typically updated within the last three years [2]. - Only 40% have an estate plan, and two-thirds have a will, indicating significant gaps in estate planning [4]. Role of Financial Advisors - 89% of affluent Americans credit financial advisors for helping them grow their wealth, with additional benefits including reduced stress (58%) and enhanced feelings of preparedness (66%) [6]. - Younger generations are increasingly engaging with financial advisors earlier, with Millennials starting at an average age of 29 compared to older generations [7]. Company Overview - First Citizens Wealth offers a comprehensive set of services to assist clients in achieving their wealth planning objectives, emphasizing a holistic and personalized approach [9][10].

NEW YORK, June 13, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, Massachusetts. Cranberry Point is a 150 MW / 300 MWh battery energy storage project developed by Plus Power with a targeted completion in the second quarter of 2025. Located on roughly 6 acres of land in Carver, Massachusetts, the project will interconnect near crit ...

NEW YORK, June 11, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund. "WhiteHawk Capital is well-known for its success in extending asset-based financing to select borrowers," said Chris Esposito, managing director and group head for First Citizens' Asset-Based Lending business. "We were pleased to again collaborate with the WhiteH ...