Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Eagle Bancorp, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Eagle Bancorp securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Eagle Bancorp [2]. Group 2: Financial Performance and Market Reaction - Eagle Bancorp filed a current report on Form 8-K on April 23, 2025, announcing Q1 2025 results, which indicated a notable miss on both earnings per share (EPS) and revenue compared to forecasts [3]. - Following the disappointing Q1 results, Eagle Bancorp's stock price fell by 11.3% on April 24, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].

On May 12, Byline Bancorp (NYSE: BY ) , a regional bank headquartered in Chicago, IL, expanded its abilities in fintech banking with multiple new hires and new services for an already quickly growing division. The announcementI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for pro ...

Company Overview - Customers Bancorp, Inc. was established in 1997 as New Century Bank in Phoenixville, Pennsylvania [1] - In 2009, Jay Sidhu became the bank's Chairman and CEO, previously serving as the CEO of Sovereign Bancorp [1] Historical Context - The bank has undergone significant leadership changes since its inception, indicating a potential shift in strategic direction under new management [1]

Group 1 - The trade war poses threats to The First Bancorp, Inc.'s loan growth and provision expense for loan losses [1] - The net interest margin is expected to continue expanding this year due to last year's rate cuts [1]

The last couple of years have been a bit of a whirlwind for SR Bancorp (NASDAQ: SRBK ) . After existing under a number of different names since its beginnings in the late 1800s, the company reorganized in 2023 andI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for profits on indiv ...

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Bancorp, Inc. (NASDAQ: TBBK) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Bancorp, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-bancorp-inc. Investors have until May 16, 2025, to ask the Court to be appointed to lead ...

SAN FRANCISCO, May 14, 2025 (GLOBE NEWSWIRE) -- A federal securities class action lawsuit is moving forward against The Bancorp, Inc. (NASDAQ: TBBK), as investors who wish to seek appointment as lead plaintiff in the case must do so by May 16, 2025. The case, captioned Linden v. The Bancorp, Inc., No. 25-cv-00326 (D. Del.), accuses the company and several of its top executives of violating the Securities Exchange Act of 1934 during a period when investors purchased or acquired Bancorp securities between Jan ...

PALATINE, Ill., May 14, 2025 /PRNewswire/ -- CORNERSTONE BANCORP, INC.FIRST QUARTER 2025 HIGHLIGHTS (At or for period ended 3/31/2025)Income Statement Highlights Consolidated net income was $2.0 million in 1Q25, or $2.06 per diluted share, compared to $2.2 million in 1Q24, or $2.19 per diluted share. The net interest margin (NIM) was 3.47% for 1Q25, compared to 3.39% for 1Q24. Interest earned on the Bank's interest-bearing deposit accounts at correspondent banks was $989,000 for 1Q25 compared to $2.8 millio ...

Financial Performance - Jeffersonville Bancorp, Inc. reported a first quarter net income of $2,718,000 or $0.64 per share, an increase from $2,553,000 or $0.60 per share in the same quarter of 2024, reflecting a growth of $165,000 [1] - The increase in net income was primarily due to a decrease in interest expense by $621,000, an increase in loan interest and fees by $328,000, and an increase in non-interest income by $102,000 [1] - However, this increase was partially offset by a decrease in other interest income of $666,000, an increase in tax expense of $46,000, an increase in salaries and employee benefits of $43,000, and an increase in other non-interest expense of $33,000 [1] Strategic Decisions - The company retired all wholesale funding by the end of 2024, which helped reduce forward interest expense from already low levels [2] - Strong loan growth in the first quarter partially offset lower rates on funds held at the Federal Reserve and some planned runoff of securities [2] - The company maintains a very liquid balance sheet amid ongoing economic uncertainty [2] Dividend Declaration - A cash dividend of $0.15 per share on the common stock was declared, payable on June 5, 2025, to stockholders of record at the close of business on May 27, 2025 [2] Company Overview - Jeffersonville Bancorp is a one-bank holding company that owns all the capital stock of Jeff Bank, which operates ten full-service branches in Sullivan and Orange County, New York [3]

Core Viewpoint - A federal securities class action lawsuit is advancing against The Bancorp, Inc. due to allegations of misleading statements and inadequate disclosures regarding its commercial real estate bridge lending portfolio, leading to significant investor losses [1][2][3]. Group 1: Lawsuit Details - The lawsuit, titled Linden v. The Bancorp, Inc., accuses the company and its executives of violating the Securities Exchange Act of 1934 during the class period from January 25, 2024, to March 4, 2025 [2][3]. - Investors are urged to submit their claims for losses incurred during this period, as the lead plaintiff deadline is set for May 16, 2025 [3]. Group 2: Allegations Against The Bancorp - Plaintiffs allege that The Bancorp and its executives made false or misleading statements regarding the risks associated with its commercial real estate bridge lending portfolio, which is primarily backed by apartment buildings [3][4]. - The complaint highlights that the company downplayed the likelihood of defaults and losses on these loans, and its methodology for estimating credit losses was deemed inadequate [3]. Group 3: Financial Reporting Issues - The lawsuit claims that The Bancorp's internal controls over financial reporting had material weaknesses, and its financial statements for recent years lacked approval from independent auditors, rendering them unreliable [4][9]. - A report by Culper Research indicated that The Bancorp's loan book was filled with risky borrowers and properties with high vacancy rates, contradicting the company's public assurances of low risk [5]. Group 4: Stock Price Impact - Following the release of the Culper Research report, The Bancorp's stock price fell by more than 10% [5]. - The company reported a third-quarter net income of $51.5 million on October 24, 2024, but acknowledged that a new accounting methodology for credit losses reduced net income by $1.5 million after taxes, leading to a further stock price drop of over 14% [6]. - In March 2025, The Bancorp disclosed that it had "inappropriately filed" its 2024 annual report, causing additional declines in stock price as investors were advised not to rely on financial statements from 2022 to 2024 [7]. Group 5: Amended Financial Statements - An amended annual report filed on April 7, 2025, revealed significant revisions, including an increase in the provision for credit losses for consumer fintech loans from $19.6 million to $30.7 million [8]. - The amended report also stated that internal control over financial reporting was not effective, contradicting earlier claims [9].