The Bancorp(TBBK)
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The Bancorp (TBBK) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 22:55
This quarterly report represents an earnings surprise of -2.73%. A quarter ago, it was expected that this holding company for The Bancorp Bank would post earnings of $1.06 per share when it actually produced earnings of $1.06, delivering no surprise. The Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $124.52 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 2.30%. This compares to year-ago revenues of $116.53 million. The company has topped ...
Midland States Bancorp, Inc. Announces 2024 Second Quarter Results
GlobeNewswire News Room· 2024-07-25 20:20
Second Quarter 2024 Highlights: EFFINGHAM, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the "Company") today reported net income available to common shareholders of $4.5 million, or $0.20 per diluted share, for the second quarter of 2024, compared to $11.7 million, or $0.53 per diluted share, for the first quarter of 2024. This also compares to net income available to common shareholders of $19.3 million, or $0.86 per diluted share, for the second quarter of 2023. "We ...
FinWise Bancorp Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-25 20:15
- Net Income of $3.2 Million for Second Quarter of 2024 - - Diluted Earnings Per Share of $0.24 for Second Quarter of 2024 - MURRAY, Utah, July 25, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) ("FinWise" or the "Company"), parent company of FinWise Bank (the "Bank"), today announced results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Loan originations were $1.2 billion, compared to $1.1 billion for the quarter ended March 31, 2024, and $1.2 billion for the second quarter o ...
First Financial Bancorp Announces Second Quarter 2024 Financial Results and Quarterly Dividend Increase
Prnewswire· 2024-07-25 20:15
Earnings per diluted share of $0.64; $0.65 on an adjusted(1) basis Return on average assets of 1.38%; 1.40% on an adjusted(1) basis Net interest margin on FTE basis(1) of 4.10% Record fee income of $61.5 million Loan growth of $316.1 million; 11.3% on an annualized basis Average deposit growth of $351.1 million; 10.6% on an annualized basis Net charge-offs 0.15% of total loans; 23 bp decline from linked quarter Board of Directors approved quarterly dividend increase to $0.24 CINCINNATI , July 25, 2024 /PRNe ...
The Bancorp(TBBK) - 2024 Q2 - Quarterly Results
2024-07-25 20:09
Exhibit 99.1 Wilmington, DE – July 25, 2024 – The Bancorp, Inc. ("The Bancorp" "the Company" or "we" or "our") (NASDAQ: TBBK), a financial holding company, today reported financial results for the second quarter of 2024. One of the accounting estimates as described in the notes to our financial statements, is the allowance for credit losses ("ACL"), which is sensitive to a variety of inherent portfolio and external factors. REBL may be one of the more sensitive portfolios to such factors. In the second quar ...
First Northwest Bancorp Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-25 11:00
PORT ANGELES, Wash., July 25, 2024 (GLOBE NEWSWIRE) -- "In spite of challenging times for the entire industry as a result of the rate environment, First Northwest executed on a balance sheet restructure strategy. The restructure included a sale-leaseback transaction for six of our branches, a restructure of our bank-owned life insurance policies, two securities loss sale transactions, two balance sheet hedges against fixed rate loans and municipal bonds and the sale of our Visa B shares," commented Matthew ...
Northfield Bancorp, Inc. Announces Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-24 22:44
| --- | --- | --- | --- | |---------------------------------------------------------------------------|--------|--------|--------| | | | | | | liabilities | | | | | Asset Quality Ratios: | | | | | Non-performing assets to total assets | 0.30 | 0.19 | 0.29 | | Non-performing loans (3) to total loans (4) | 0.42 | 0.24 | 0.41 | | Allowance for credit losses to non-performing loans | 200.96 | 398.24 | 214.83 | | Allowance for credit losses to total loans held-for-investment, net (5) | 0.85 | 0.96 | 0.89 | | --- ...
First Bancorp (FBNC) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-24 22:25
This quarterly report represents an earnings surprise of 18.64%. A quarter ago, it was expected that this bank holding company for First Bank would post earnings of $0.64 per share when it actually produced earnings of $0.61, delivering a surprise of -4.69%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. First Bancorp, which belongs to the Zacks Banks - Southeast industry, posted revenues of $95.72 million for the quarter ended June 2024, surpassing the Zacks Con ...
Origin Bancorp, Inc. Reports Earnings for Second Quarter 2024
GlobeNewswire News Room· 2024-07-24 20:15
"I am pleased with the performance of the Company and extremely proud of our bankers who continue to build and expand relationships throughout our dynamic markets," said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. "I have a great deal of confidence in our team and our ability to deliver long-term value to our employees, customers, communities and shareholders." Total loans held for investment ("LHFI") were $7.96 billion at June 30, 2024, reflecting an increase of $59.1 million, or 0.7%, ...
Origin Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend
GlobeNewswire News Room· 2024-07-24 20:15
Media Contact Ryan Kilpatrick 318-232-7472 rkilpatrick@origin.bank About Origin Bancorp, Inc. When used in filings by Origin Bancorp, Inc. (the "Company") with the Securities and Exchange Commission (the "SEC"), in the Company's press releases or other public or stockholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases "anticipates," "believes," "estimates," "expects," "foresees," "intends," "plans," "projects," and similar expressions ...