RALEIGH, N.C., July 31, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $25 million in financing to F.W. Webb, the largest wholesale distributor of plumbing, heating and industrial products in the Northeastern U.S. The closing of this financing coincides with the announcement that First Citizens Middle Market Banking is expanding its banking services and capabilities to serve midsize business clients across the Northeast. A third generation privately ...

RALEIGH, N.C., July 29, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking group is expanding in the Northeastern U.S., leveraging its deep middle market expertise to provide a full-suite of financial solutions to midsize businesses across the region. Since its launch in 2022, First Citizens Middle Market Banking has been on a continuous growth trajectory and has cultivated a high-performing team of banking experts positioned to serve clients in a wide range of industrie ...

4Tangible book value, tangible book value per share, tangible common equity as a percent of tangible assets and return on tangible common equity are non-GAAP measures that management believes enhances investors' ability to better understand the Company's financial position. For a detailed reconciliation of GAAP to non-GAAP results, see the accompanying financial table "Reconciliation of tangible book value per share (non-GAAP)", "Reconciliation of tangible common equity as a percent of tangible assets (non- ...

In the just-reported Q2 earnings release, Citizens saw declines in both the deposit and loan base once again sequentially. Revenues fell in Q2 from a year ago, with Citizens generating $1.963 billion in revenue. These revenues of $1.963 billion were a small increase sequentially from $1.959 billion, but down 6.2% from a year ago. The provision for credit losses was $182 million, which was up from the sequential Q1, and up $6 million from last year's Q2. As such, provisions for losses have been stable largel ...

"PAM Rehabilitation Hospital of Tulsa provides valuable post-acute healthcare services to this growing community," said William Douglass, group head for Healthcare Finance. NEW YORK, July 17, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $24 million to finance the acquisition of a post-acute medical rehabilitation hospital in Tulsa, Oklahoma. MEDIA RELATIONS: Ella Bristow (212) 461-5322 [email protected] The Sanders Trust acquired the PAM Rehabilitati ...

1 re 1 i 11 IT ■ I I ■ 1 I l H H 1 L T H I I 1 I I I I 1 F 00 I 1 ■ 804 t I L ■ I n 1 T I I 1 T H I H F I H 1 I L L I I E i t I ■ H ■ F I 1 Now as we look to next week's earnings release, there are several items, I will be focusing in on. First, I would note that in Q2, analysts are expecting CFG to earn $0.79. CFG has beaten estimates in 3 of the past 6 quarters. Prior to that, it had beaten for eight straight quarters, so results have been a bit choppier since the regional banking turmoil began in late 20 ...

MONTREAL, July 09, 2024 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V: FPC) ("Falco" or the "Corporation") invites the citizens of Rouyn-Noranda to an immersive public workshop where they will be able to meet acoustic and vibration experts, experience sound and vibration simulations, share their concerns and participate in the discussion on issues related to the sound and vibratory climate. Martin Duclos, Manager, Environment and Community Relations, said: "The concerns expressed by the neighborhood surro ...

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 ...

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year. Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included. In addition, Gildan has been included in the inaugural edition of TIME's World Most Sustainable Companies, and is one of only 12 Canadian companies fe ...