CARMEL, Ind., Feb. 20, 2025 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the first quarter of 2025, in each case to shareholders of record on March 14, 2025, payable on April 1, 2025: A dividend of $0.10 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend o ...

Old National Bancorp. (ONB) has announced a new share repurchase program alongside quarterly cash dividends.Under the buyback plan, ONB will be able to repurchase up to $200 million worth of shares. The repurchase plan is set to expire on Feb. 28, 2026.This new program will replace the existing share repurchase plan, announced in February 2024.Prior to this, ONB announced a share repurchase plan in February 2023 authorizing the repurchase of up to $200 million of shares, which expired on Feb. 29, 2024.Old N ...

GREENFIELD, Wis., Feb. 18, 2025 /PRNewswire/ -- 1895 Bancorp of Wisconsin, Inc. (the "Company") (Nasdaq: BCOW), the holding company for PyraMax Bank, FSB (the "Bank"), today announced that it has hired Keefe, Bruyette & Woods, Inc., a Stifel Company ("KBW"), as financial advisor to assist the Company in evaluating strategic alternatives. The Company also announced that it will delist its common stock from the Nasdaq Stock Market ("Nasdaq") and deregister its common stock under the Securities Exchange Act of ...

I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...

Core Viewpoint - First Pacific Bancorp reported strong financial results for the fourth quarter and the full year of 2024, achieving seven consecutive quarters of profitability and demonstrating a solid capital and liquidity position [1][5]. Financial Performance - For Q4 2024, the company achieved a pre-tax, pre-provision profit of $702 thousand, an increase from $345 thousand in Q3 2024. Net income for Q4 2024 was $500 thousand, up from $249 thousand in Q3 2024 [3]. - For the full year 2024, net income was reported at $1.1 million, a significant recovery from a net loss of $164 thousand in 2023 [3][15]. Asset Quality - The company maintained excellent asset quality with minimal non-performing assets. The allowance for credit losses stood at 1.15% of total loans, with no provision for credit losses recognized in 2024, compared to $906 thousand in 2023 [4][18]. Capital and Liquidity - Total assets at the end of 2024 were $433 million, an increase of $13 million from $420 million at the end of 2023. Total deposits rose by $18 million to $351 million, while total loans increased by $2 million to $277 million [8][10]. - The company ended the fourth quarter with a leverage capital ratio of 9.0% and a total risk-based capital ratio of 13.4% [8][18]. Management Commentary - The Chairman expressed satisfaction with the company's performance and emphasized the strategic approach that led to sustained profitability. The CEO highlighted loan and deposit growth, strong asset quality, and a clear growth strategy focused on technology and innovation [5][6]. Community Commitment - The company expressed condolences for the impact of recent wildfires in Southern California and committed to supporting recovery efforts in the affected areas [5].

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Midland States Bancorp, Inc. ("Midland States Bancorp" or the "Company") (NASDAQ: MSBI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Midland States Bancorp and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining th ...

SUN VALLEY, Calif., Feb. 3, 2025 /PRNewswire/ -- Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.1 million, or $0.34 per share, for the fourth quarter of 2024, compared to a net loss of $0.2 million, or $0.07 per diluted share, for the fourth quarter of 2023. Net income for the year ended December 31, 2024 was $6.2 million, or $1.87 per diluted share, compared to net income of $7.4 million, or $2.22 per diluted share, for the year ended December 31, ...

GOUVERNEUR, N.Y., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Gouverneur Bancorp, Inc. (OTCQB Marketplace: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association, announced today that the two leading proxy advisory firms, Institutional Shareholder Services, Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have both recommended that Company stockholders vote “FOR” the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan at the Company’s annual meeting of stockholders to be held on Feb ...

Fourth quarter results include EPS of $0.69, deposit growth, commercial loan growth, a gain on the sale of its insurance agency, and strong contributions from new and established Pathfinder Bank teams across Central New York OSWEGO, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Pathfinder” or the “Company”) (NASDAQ: PBHC) announced its financial results for the fourth quarter and year ended December 31, 2024. The holding company for Pathfinder Bank (“the Bank”) earned net income attri ...

Timberland Bancorp, Inc. (NASDAQ: TSBK ) is a small regional/local bank based in Washington State . The balance sheet contains less than $2B in assets, but the small size of the bank also means it can keepHe 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 high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income fo ...