Group 1 - Eagle Bancorp (EGBN) is based in Bethesda, Maryland, and has experienced a significant capital gains decline of -52.60% over the past 10 years [1] - Following the collapse of SVB, regional banks, including EGBN, saw a sharp decline but managed to recover in subsequent quarters [1]

NEW YORK, May 9, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Bancorp, Inc. (NASDAQ: TBBK) between January 25, 2024 and March 4, 2025, inclusive (the "Class Period"), of the important May 16, 2025 lead plaintiff deadline.So what: If you purchased The Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to do next: To jo ...

Group 1 - Berkshire Hills Bancorp reported Q1 2025 results that exceeded expectations on both revenue and earnings [1] - Non-GAAP earnings were $0.60, which is 13% higher than anticipated and over 22% better than the same period last year [1]

Core Viewpoint - A lawsuit has been filed against The Bancorp, Inc. and certain senior executives for potential violations of federal securities laws, alleging misrepresentation of risks associated with its loan portfolio [1][2][4]. Company Overview - The Bancorp, Inc. is a financial holding company involved in institutional banking, commercial real estate bridge lending, small business lending, and commercial fleet leasing, with a focus on loans collateralized by apartment buildings [3]. Allegations and Legal Proceedings - The lawsuit claims that Bancorp misrepresented the risks of default or loss on its REBL loan portfolio and inadequately accounted for credit losses, indicating weaknesses in internal controls over financial reporting [4]. - Investors have until May 16, 2025, to seek appointment as lead plaintiffs in the case, which is pending in the U.S. District Court for the District of Delaware [2]. Stock Performance and Impact of News - Following a report from Culper Research on March 21, 2024, which highlighted the risks associated with Bancorp's REBL loans, the stock price fell over 10%, from $36.04 to $32.12 [5]. - On October 24, 2024, Bancorp reported a net income of $51.5 million, leading to a 14% decline in stock price from $54.96 to $47.01 due to increased credit losses [6]. - On March 4, 2025, Bancorp disclosed issues with its Annual Report for the fiscal year ended December 31, 2024, causing a 4.4% drop in stock price from $53.59 to $51.25 [7].

NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Amerant Bancorp Inc. (“Amerant” or the “Company”) (NYSE: AMTB).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Amerant and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 23, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____ to _____ Commission file number: 000-51018 THE BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incor ...

Group 1 - West Coast Community Bancorp will change its ticker symbol to WCCB on the OTCQX effective May 8, 2025, replacing the current symbol SCZC [1][3] - The ticker symbol change is part of the brand transition to West Coast Community Bank, which reflects the bank's commitment to serving various counties and future expansion opportunities [2] - Current shareholders do not need to take any action regarding the ticker symbol change, and the common stock will continue to be listed on the OTCQX with an unchanged CUSIP number [3] Group 2 - West Coast Community Bank, founded in 2004, is a wholly owned subsidiary of West Coast Community Bancorp and operates as a full-service community bank in Santa Cruz, California [4] - The bank distinguishes itself from larger banks through relationship-based service and direct access to decision-makers, and it is a leading SBA lender in Santa Cruz County and Silicon Valley [4] - West Coast Community Bank offers a range of competitive deposit and lending solutions, including business loans, commercial real estate financing, and various government-guaranteed loans, while actively supporting local nonprofit organizations [4]

Core Insights - Eagle Bancorp, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices [1] - In Q1 2025, Eagle reported a significant decline in net income to $1.7 million, down from $15.3 million in the previous quarter, primarily due to increased provision expenses and decreased net interest income [2] - Following the financial results announcement, Eagle's stock price dropped by 11.37%, closing at $18.78 per share [2] Financial Performance - Q1 2025 net income: $1.7 million ($0.06 per diluted share) compared to $15.3 million ($0.50 per diluted share) in Q4 2024 [2] - The decrease in net income was attributed to a $14.1 million increase in provision expense, a $5.1 million decline in net interest income, and a $0.9 million rise in noninterest expenses [2] - Valuation risk in the office portfolio was highlighted as a primary concern driving the provision for credit losses [2] Legal Investigation - Bragar Eagel & Squire, P.C. is investigating claims on behalf of Eagle stockholders regarding potential legal violations [1] - The law firm encourages affected stockholders to reach out for more information or to participate in the investigation [3]

Core Viewpoint - A lawsuit has been filed against The Bancorp, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentation of risks associated with its loan portfolio [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Delaware, captioned Linden v. The Bancorp, Inc., et al., No. 25-cv-00326, with investors having until May 16, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, representing investors who purchased Bancorp stock [2]. Group 2: Company Overview - Bancorp is a financial holding company involved in institutional banking, commercial real estate bridge lending, small business lending, and commercial fleet leasing, with its REBLs primarily collateralized by apartment buildings [3]. Group 3: Allegations of Misrepresentation - The complaint claims that Bancorp misrepresented the risks of default or loss on its REBL loan portfolio and that its credit loss methodology was inadequate [4]. - It is alleged that Bancorp's internal controls over financial reporting contained at least one material weakness [4]. Group 4: Stock Performance and Impact - Following a report from Culper Research on March 21, 2024, which highlighted misrepresentations regarding the REBL loan portfolio, Bancorp's stock price fell over 10%, from $36.04 to $32.12 [5]. - On October 24, 2024, Bancorp reported a net income of $51.5 million, leading to a 14% decline in stock price from $54.96 to $47.01 due to increased credit losses [6]. - On March 4, 2025, Bancorp disclosed inappropriate filing of its Annual Report, causing a 4.4% drop in stock price from $53.59 to $51.25 [7].

Core Points - West Coast Community Bancorp has announced a new share repurchase program, allowing for the repurchase of up to $10 million of common stock [1][2] - The program is set to expire on June 30, 2026, and the timing and price of repurchases will depend on various factors including market conditions and regulatory requirements [2][3] - The Chairman of the Board expressed confidence in the company's balance sheet and long-term value, emphasizing the strategic use of capital to enhance shareholder value [3] Company Overview - West Coast Community Bank, founded in 2004, is a full-service community bank headquartered in Santa Cruz, California, with multiple branches across the region [4] - The bank distinguishes itself from larger banks through relationship-based service and is a leading SBA lender in Santa Cruz County and Silicon Valley [4] - The bank offers a range of competitive deposit and lending solutions, including business loans, credit lines, and various government-guaranteed loans [4]