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 ...

"With a significant portion of the score linked to sustainable revenue, this metric underscores the exceptional quality of Wheaton's mining partners and highlights the rigorous due diligence process we employ," said Patrick Drouin, Chief Sustainability Officer and President of Wheaton Precious Metals International. Earlier this year, Wheaton was recognized among Corporate Knights' 2024 100 most sustainable corporations in the world. To learn more about Wheaton's sustainability approach and commitments, plea ...

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 ...

RALEIGH, N.C., June 17, 2024 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank (NASDAQ: FCNCA/FCNCB), today published the results of a new study conducted to uncover insights on the behaviors and attitudes of affluent Americans toward money management and planning for the future. Key findings include: 66% of affluent Americans believe they manage their money better than others; only 4% believe they do worse. Affluent Americans expect to need $5.5 million to retire ...

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 ...

RALEIGH, N.C., June 4, 2024 /PRNewswire/ -- First Citizens BancShares Inc. (Nasdaq: FCNCA), parent company of First Citizens Bank, today was named for the first time to the Fortune 500™ list of the largest companies in the United States by revenue. First Citizens ranked #182 overall on the 2024 list, underscoring its status as one of the nation's premier banking and financial services institutions. In addition, the bank was listed at #24 on Fortune's 2024 list of fastestgrowing companies. "At First Citizens ...

Storm damage forced senior center to close, displacing clients who rely on critical services ST. PETERSBURG, Fla., June 4, 2024 /PRNewswire/ -- Duke Energy Florida, in collaboration with the Florida Council on Aging, today announced a $70,000 donation to the Jefferson Senior Citizens Center in Monticello, Fla. After severe storms blew through north Florida this spring, the facility sustained severe damage, displacing seniors who rely on its critical services. "During a heavy rain on April 10, water came fro ...

J. Michael Jones FCNCA reported 6.2% annualised loan growth and 10.4% annualised deposit growth, which significantly exceeds growth at most other regional banks. Loan growth was predominantly driven by the General and Commercial banking segments, but the SVB franchise also reported net loan growth for the first time since acquisition. On the liability side of things, deposit grew strongly in the General Bank due to growth in the branch network, which offset a decline in SVB deposits due to cash burn by inve ...