Equity Bank(EQBK) - 2024 Q4 - Annual Results
2025-01-22 21:45
Equity Bancshares, Inc. Exhibit 99.1 PRESS RELEASE "During the quarter, we were able to successfully bolster our capital through a common stock raise," Mr. Elliott continued. "The additive equity positions our Company to be opportunistic in delivering on our two-prong growth strategy of organic production and strategic acquisition. We continue to be optimistic about opportunities to deploy these in the markets in which we operate." Notable Items: The Company is also pleased to announce the return of Greg Ko ...
Banner(BANR) - 2024 Q4 - Annual Results
2025-01-22 21:41
Exhibit 99.1 CONTACT: MARK J. GRESCOVICH, PRESIDENT & CEO ROBERT G. BUTTERFIELD, CFO (509) 527-3636 NEWS RELEASE Banner Corporation Reports Net Income of $46.4 Million, or $1.34 Per Diluted Share, for Fourth Quarter 2024; At December 31, 2024, Banner, on a consolidated basis, had $16.20 billion in assets, $11.20 billion in net loans and $13.51 billion in deposits. Banner operates 135 full-service branch offices, including branches located in eight of the top 20 largest western Metropolitan Statistical Areas ...
Eagle Bancorp(EGBN) - 2024 Q4 - Annual Results
2025-01-22 21:36
PRESS RELEASE FOR EAGLE BANCORP, INC. Eric R. Newell IMMEDIATE RELEASE CONTACT: Additionally, the Company is announcing today a cash dividend in the amount of $0.165 per share. The cash dividend will be payable on February 21, 2025 to shareholders of record on February 7, 2025. "Last year was a transformative one for our Company, marked by significant changes and progress. We welcomed new members to senior management and strengthened our C&I team. We took steps to reduce uncertainties by replacing maturing ...
Live Oak(LOB) - 2024 Q4 - Annual Results
2025-01-22 21:32
Exhibit 99.1 Live Oak Bancshares, Inc. Reports Fourth Quarter 2024 Results WILMINGTON, NC, January 22, 2025 - Live Oak Bancshares, Inc. (NYSE: LOB) ("Live Oak" or "the Company") today reported fourth quarter of 2024 net income attributable to the Company of $9.9 million, or $0.22 per diluted share. Net income attributable to the Company for the year ended December 31, 2024, totaled $77.5 million, or $1.69 per diluted share. Live Oak's performance in 2024, includes these notable items: "Live Oak Bank's fourt ...
Cathay General Bancorp(CATY) - 2024 Q4 - Annual Results
2025-01-22 21:31
Exhibit 99.1 FOR IMMEDIATE RELEASE For: Cathay General Bancorp Los Angeles, CA 90012 Cathay General Bancorp Announces Fourth Quarter and Full Year 2024 Results Los Angeles, Calif., January 22, 2025: Cathay General Bancorp (the "Company", "we", "us", or "our") (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended Dec ...
Stran & pany(SWAG) - 2024 Q4 - Annual Results
2025-01-22 21:30
Exhibit 99.1 "Our business fundamentals remain strong, and we have achieved significant milestones in 2024. Throughout the past year, we secured key contracts, including agreements with a leading recreational watercraft manufacturer and a premier U.S. pet supply retailer. These agreements highlight our strong market presence and the value of our integrated promotional marketing solutions. Additionally, we expanded agreements with multiple existing clients, each representing six-figure annual revenue potenti ...
NB Bancorp(NBBK) - 2024 Q4 - Annual Results
2025-01-22 21:30
NB Bancorp, Inc. Reports Fourth Quarter 2024 Financial Results and Announces Commencement of Share Repurchase Plan Investor Contact JP Lapointe, EVP and CFO IR@NeedhamBank.com 781-474-5408 The Company announced today that it has adopted a stock repurchase program for up to 2,135,286 shares of the Company's common stock, which equals approximately 5.0% of the shares currently outstanding. This is the Company's first stock repurchase program since completing its mutual-to-stock conversion and related stock of ...
Colony Bank(CBAN) - 2024 Q4 - Annual Results
2025-01-22 21:30
For additional information, contact: Derek Shelnutt EVP & Chief Financial Officer 229-426-6000, extension 6119 INCREASES QUARTERLY CASH DIVIDEND TO $0.1150 PER SHARE FITZGERALD, GA. (January 22, 2025) – Colony Bankcorp, Inc. (NYSE: CBAN) ("Colony" or the "Company") today reported financial results for the fourth quarter of 2024. Financial highlights are shown below. Financial Highlights: The Company also announced that on January 22, 2025, the Board of Directors declared a quarterly cash dividend of $0.1150 ...
Hexcel(HXL) - 2024 Q4 - Annual Results
2025-01-22 21:30
Hexcel Corporation Two Stamford Plaza| 281 Tresser Blvd., 16 Floor Stamford, CT 06901 USA www.hexcel.com th Exhibit 99.1 HEXCEL REPORTS 2024 FOURTH QUARTER AND FULL YEAR RESULTS Sales - $1.95 billion to $2.05 billion; Adj EPS - $2.05 to $2.25; FCF - >$220 million See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. "Hexcel met its latest 2024 guidance, ...
WesBanco(WSBC) - 2024 Q4 - Annual Results
2025-01-22 21:29
Financial Results Announcement - Wesbanco, Inc. will release its financial results for the fourth quarter of 2024 after the market close on January 22, 2025[5] - Management will host a conference call to discuss Q4 2024 financial results on January 23, 2025, at 3:00 p.m. ET[5] - The press release announcing the Q4 2024 earnings release and conference call is attached as Exhibit 99.1 to the report[8] Merger Approval and Documentation - The proposed merger with Premier Financial was approved by shareholders of both companies on December 11, 2024[6] - The Form S-4 registration statement, including the joint proxy statement/prospectus, was declared effective on October 28, 2024[6] - Shareholders and interested parties are urged to review the Form S-4 and joint proxy statement/prospectus for important merger details[6] - The Form S-4 and related documents are available for free on the SEC's website and the websites of Wesbanco and Premier Financial[6]