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East West Bancorp Q3 Earnings Beat on Higher Fee Income, Stock Up 2.4%
ZACKS· 2024-10-23 14:50
Shares of East West Bancorp, Inc. (EWBC) gained 2.4% in the after-market trading session on better-than-expected quarterly results. Its third-quarter 2024 adjusted earnings per share (EPS) of $2.09 surpassed the Zacks Consensus Estimate of $2.05. Further, the bottom line increased 3.5% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily aided by an increase in net interest income (NII) and non-interest income alongside lower non-int ...
Exploring Analyst Estimates for The Bancorp (TBBK) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-23 14:21
Wall Street analysts expect The Bancorp (TBBK) to post quarterly earnings of $1.12 per share in its upcoming report, which indicates a year-over-year increase of 21.7%. Revenues are expected to be $131.34 million, up 13.6% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior ...
Stock Yards Bancorp Reports Third Quarter Earnings of $29.4 Million or $1.00 Per Diluted Share
GlobeNewswire News Room· 2024-10-23 11:30
LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $29.4 million, or $1.00 per diluted share, for the third quarter ended September 30, 2024. This compares to net income of $27.1 million, or $0.92 per diluted share, for the third quarter of 20 ...
Fidelity D & D Bancorp, Inc. Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-23 11:00
DUNMORE, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2024. Unaudited Financial Information Net income for the quarter ended September 30, 2024 was $5.0 million, or $0.86 diluted earnings per share, compared to $5.3 million, or $0.93 diluted earnings per share, for the quarter ended September ...
FS Bancorp, Inc. Reports Third Quarter Net Income of $10.3 Million or $1.29 Per Diluted Share and the Forty-Seventh Consecutive Quarterly Cash Dividend
GlobeNewswire News Room· 2024-10-22 20:30
MOUNTLAKE TERRACE, Wash., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2024 third quarter net income of $10.3 million, or $1.29 per diluted share, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2024, net income was $27.6 million, or $3.45 per diluted share, compared to net income of $26.3 million, or ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Sterling Bancorp, Inc.- SBT
Prnewswire· 2024-10-22 19:49
NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Sterling Bancorp, Inc. (Nasdaq: SBT), relating to a proposed merger with EverBank Financial Corp. Under the terms of the agreement, EverBank will acquire all outstanding shares of Sterling Ba ...
Zions Bancorp Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Benzinga· 2024-10-22 18:25
Zions Bancorporation ZION reported better-than-expected third-quarter financial results on Monday.Zions Bancorp reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.17 per share. The company reported quarterly sales of $798.000 million which beat the analyst consensus estimate of $778.857 million.Harris H. Simmons, Chairman and CEO of Zions Bancorporation, commented, “We’re pleased with the continued improvement in our financial performance, reflected in the 21% inc ...
Greene County Bancorp, Inc. Reports Net Income of $6.3 million for the Three Months Ended September 30, 2024 and Reaches New Milestone of $2.9 Billion in Assets
GlobeNewswire News Room· 2024-10-22 13:40
CATSKILL, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three months ended September 30, 2024, which is the first quarter of the Company’s fiscal year ending June 30, 2025. Net income for the three months ended September 30, 2024 was $6.3 million, or $0.37 per basic and diluted share, as compared to $6.5 million, or $0.38 ...
West Coast Community Bancorp, Parent Company of Santa Cruz County Bank, Reports Earnings for the Quarter Ended September 30, 2024
Prnewswire· 2024-10-22 13:00
Board Declares Increase in Quarterly Cash Dividend SANTA CRUZ, Calif., Oct. 22, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the parent company of Santa Cruz County Bank (the "Bank"), announced unaudited earnings for the third quarter ended September 30, 2024. Net income for the quarter was $8.2 million, compared to $8.2 million in the prior quarter and $9.1 million in the quarter ended September 30, 2023. Year-to-date earnings for the nine-month period ended September 30, 202 ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Sandy Spring Bancorp
Prnewswire· 2024-10-21 23:35
NEW YORK, Oct. 21, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Sandy Spring Bancorp (NASDAQ: SASR) and its board of directors concerning the proposed acquisition of the company by Atlantic Union Bankshares Corporation (NYSE: AUB). Stockholders will receive 0.900 shares of Atlantic Union Bankshares common stock for each share of Sandy Spring Bancorp stock that they hold. The transaction is expected to close in the third quarter of 2025.If you are a stockholder ...