MURRAY, Utah, Sept. 25, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced the launch of a new strategic lending program with PowerPay, LLC ("PowerPay"). PowerPay is a leading fintech company specializing in simple and affordable real-time lending and payment solutions to the Home Improvement and Elective HealthCare segments. With over 200 employees, the Company has processed over $8 billion across all 50 states ...

ARCHBOLD, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.32 billion at June 30, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22125 per share. The third-quarter dividend is payable on October 20, 2024, to shareholders of record as of October 4, 2024. Company Contact: Investor and Media Contact: Lars B. Eller President and Chief Executive Offi ...

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Core Viewpoint - The merger between West Coast Community Bancorp and 1st Capital Bancorp has been overwhelmingly approved by shareholders, with the transaction expected to close on October 1, 2024, following all necessary regulatory approvals [1][2][3]. Group 1: Merger Details - Shareholders of both West Coast Community Bancorp and 1st Capital Bancorp approved the merger at special meetings held on September 18 and 19, 2024 [1]. - The combined entity will have approximately $2.8 billion in total assets and will operate banking branches across four counties in California [2]. Group 2: Leadership Statements - Krista Snelling, President and CEO of West Coast Community Bancorp, expressed excitement over the regulatory and shareholder approvals, highlighting the merger's potential to enhance technology and service delivery to clients [3]. Group 3: Company Backgrounds - Santa Cruz County Bank, founded in 2004, is a full-service community bank known for its relationship-based service and is a leading SBA lender in its region [4]. - 1st Capital Bancorp focuses on commercial enterprises and offers a range of credit products, including government-backed loans, with five full-service branches in the Central Coast region [5].

SENECA FALLS, N.Y., Sept. 24, 2024 /PRNewswire/ -- Generations Bancorp NY, Inc. ("Company") (Nasdaq: GBNY), the holding company for Generations Bank ("Bank"), announced its voluntary decision to delist its common stock from The Nasdaq Stock Market LLC ("Nasdaq") and its intent to deregister its common stock with the Securities and Exchange Commission ("SEC"). The Company has notified Nasdaq of its intent to voluntarily delist and withdraw the registration of its common stock with the SEC. The Company intend ...

Sierra Bancorp (NASDAQ: BSRR ) is the holding company that owns the Bank of the Sierra, a regional bank headquartered in California focusing on the South San Joaquin Valley, Ventura County and the Central Coast where it operates He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on highquality ideas in the small-cap space, with emphasis on capital gains ...

Perhaps there's some value in the damaged but recovering bank after all. A troubled company in turnaround, New York Community Bancorp (NYCB -4.59%) has been one of the least popular banking stocks on the market in recent times. However, one analyst believes the shares are now priced fairly, as he recently upgraded his recommendation on the stock to the equivalent of a hold. This helped the company's stock book a nearly 9% gain in price across this week, according to data compiled by S&P Global Market Intell ...

NorthEast Community Bancorp, Inc. (NECB) announced a quarterly cash dividend of 15 cents per share. This reflects a 50% hike from the prior payout. Besides this, the company also announced a special cash dividend of 15 cents per share. Both dividends will be paid out on Nov. 6, 2024, to shareholders of record as of Oct 4. Prior to the latest hike, the bank increased its dividend by 66.7% to 10 cents per share this March. Based on its closing price of $23.24 as of Sept. 19, NECB's current dividend yield is 2 ...

The announcement of the $5bn share repurchase plan by U.S. Bancorp (NYSE: USB ) on Sep 12 and the Fed's dovish surprise in its meeting on Sep 18 have given strong buy signals for USB's stock, in my view. USB's stock has performed Economist with 10-year experience doing sell-side research on euro-area and emerging market economies. My credo is that doing your homework is essential when investing and seeing as many viewpoints as possible can only help you make better investment decisions. I hope I can do my p ...

HONOLULU, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. ("Territorial") today reaffirmed the commitment of its Board of Directors to the proposed merger with Hope Bancorp, Inc. ("Hope") that was announced on April 29, 2024. The announcement was made in response to an unsolicited proposal from Blue Hill Advisors LLC ("Blue Hill") to acquire Territorial. "The unsolicited letter from Blue Hill claims to provide a nominally higher purchase price, but there are significant factors making the propos ...