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Community Trust Bancorp: Slow And Steady Can Win The Race
Seeking Alpha· 2024-09-27 21:36
Kentucky-based Community Trust Bancorp (NASDAQ: CTBI ) is arguably your stereotypical sleeper stock. Its geographic footprint being what it is, organic growth has, unsurprisingly, been pretty pedestrian here over the years. Yet, helped by a profitable underlying business and a reliable dividend, this bank has clocked in meaningful I like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income ...
Horizon Bancorp, Inc. Announces Conference Call to Review Third Quarter 2024 Results on October 24
GlobeNewswire News Room· 2024-09-27 15:01
MICHIGAN CITY, Ind., Sept. 27, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. ("Horizon" or the "Company") will host a conference call at 7:30 a.m. CT on Thursday, October 24, 2024 to review its third quarter 2024 financial results. The Company's third quarter news release will be published after markets close on Wednesday, October 23, 2024. It will be available at investor.horizonbank.com. Participants may access the live conference call on October 24, 2024 at 7:30 a.m. CT (8:30 a.m. ET ...
Pathfinder Bancorp, Inc. Announces Retirement of EVP, Chief Banking Officer Ronald Tascarella, Serbun Named SVP, Chief Credit Officer
GlobeNewswire News Room· 2024-09-26 20:05
OSWEGO, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. ("Pathfinder") (NASDAQ: PBHC) today announced that, after 18 years with Pathfinder Bank, Ronald Tascarella, 66, Executive Vice President and Chief Banking Officer, will retire from those positions effective November 30, 2024. Joseph Serbun has been appointed as Senior Vice President, Chief Credit Officer effective immediately. "On behalf of everyone at Pathfinder Bank, I want to thank Ron for his years of dedication and service. Ron j ...
Riverview Bancorp, Inc. Announces Stock Repurchase Program
GlobeNewswire News Room· 2024-09-26 20:00
VANCOUVER, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) ("Riverview" or the "Company") headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on September 25, 2024, its Board of Directors adopted a stock repurchase program. Under this repurchase program, the Company may repurchase up to $2.0 million of the Company's outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiate ...
Blue Hill Advisors Announces Increased Cash Offer for Territorial Bancorp
Prnewswire· 2024-09-26 16:31
Raises Cash Offer from $12.00 to $12.50, a 27% Premium to the Value of the Hope Takeover Releases Presentation: "A Better Deal for Territorial" Launches www.NewTerritorial.com to Keep Stakeholders Informed of the Latest Developments HONOLULU, Sept. 26, 2024 /PRNewswire/ -- Blue Hill Advisors LLC ("Blue Hill") and former Hawaii banking executive Allan Landon today announced an increased cash offer for Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ: TBNK) from $12.00 per share to $12.50 per ...
FinWise Bancorp Announces Strategic Lending Program with PowerPay to Offer Transparent and Affordable Monthly Payments for Home Improvement and Elective Healthcare Purchases
GlobeNewswire News Room· 2024-09-25 12:15
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 ...
Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in Dividend
GlobeNewswire News Room· 2024-09-24 20:45
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 ...
Why I Am Buying U.S. Bancorp Despite Lower Interest Rate Expectations
Seeking Alpha· 2024-09-24 15:26
Tired of effortful investing strategies with uncertain prospects? As a former deep value investor, I learned to appreciate the benefits of a dividend-focused value strategy several years ago. My strategy puts an emphasis on capital preservation and steadily growing income. I write primarily about stocks I hold in my diversified dividend stock portfolio, which emphasizes high-quality value stocks that offer meaningful growth and longterm safety. Feel free to reach out to me via direct messaging here, on Twit ...
West Coast Community Bancorp and 1st Capital Bancorp Announce Receipt of Shareholder Approval for Merger
Prnewswire· 2024-09-24 13:00
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].
Generations Bancorp NY, Inc. Announces Voluntary Nasdaq Delisting and SEC Deregistration
Prnewswire· 2024-09-24 09:30
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 ...