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Alpine Banks of Colorado announces dividend on common stock
Globenewswire· 2025-07-10 21:00
GLENWOOD SPRINGS, Colo., July 10, 2025 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB), parent company of Alpine Bank, declared a cash dividend of $0.21 per share on its Class A common stock and Class B common stock, payable July 28, 2025, to shareholders of record as of June 21, 2025. About Alpine Banks of ColoradoAlpine Banks of Colorado, through its wholly owned subsidiary Alpine Bank, is a $6.7 billion, independent, employee-owned organization founded in 1973 with headquarters in Glenwood Sp ...
TFC vs. PNC: Which Regional Bank is Poised for More Growth?
ZACKS· 2025-06-17 16:06
Core Viewpoint - Truist Financial Corporation (TFC) and PNC Financial Services Group, Inc. (PNC) are two prominent U.S. regional banks facing challenges in a high-interest rate environment, with both experiencing stock declines over the past six months [1][3]. Group 1: Company Overview - TFC was formed in December 2019 from the merger of BB&T Corp and SunTrust, becoming one of the largest commercial banks in the U.S. [2] - PNC has a well-diversified deposit base and is expanding its branch network and deal activity, including the acquisition of Aqueduct Capital in 2025 [2][8]. Group 2: Financial Performance - TFC shares have declined by 9.6% and PNC shares by 9.7% in the past six months, underperforming the Zacks Finance sector and the S&P 500 Index [3]. - TFC's net interest margin (NIM) increased to 3.03% in 2024 from 2.98% in 2023, while PNC's NII grew at a CAGR of 6.3% over the five years ending in 2024 [10][15]. Group 3: Strategic Initiatives - TFC has divested its insurance and asset-management units to focus on capital markets and wealth management, and has resumed share buybacks with a $5 billion plan [6][12]. - PNC is enhancing its business through partnerships, such as its agreement with Plaid and the acquisition of loan commitments from Signature Bank worth $16 billion [13][14]. Group 4: Growth Estimates - The Zacks Consensus Estimate for TFC's revenue growth is projected at 1.9% for 2025 and 4.3% for 2026, with earnings expected to rise by 5.7% and 13% respectively [18]. - PNC's revenue is expected to grow by 5.8% in 2025 and 5.5% in 2026, with earnings estimates indicating a 9% increase for 2025 and 12.2% for 2026 [20]. Group 5: Valuation and Comparison - TFC is trading at a price-to-book (P/B) ratio of 0.87, while PNC's P/B ratio is 1.22, indicating that TFC is less expensive compared to PNC [21]. - TFC's return on equity (ROE) is 8.96%, lower than PNC's 10.95%, suggesting PNC is more efficient in generating profits [22]. Group 6: Investment Outlook - PNC's diversified deposit base and investments in branch expansion are expected to support its financials, making it a more attractive long-term investment [26]. - TFC, while well-positioned for growth, has a less impressive earnings outlook compared to PNC, indicating it may not match PNC's potential in a growth-focused portfolio [27].
RBB Bancorp Announces $18 Million Stock Repurchase Plan
Globenewswire· 2025-05-29 20:05
LOS ANGELES, May 29, 2025 (GLOBE NEWSWIRE) -- RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors authorized a stock repurchase plan providing for the repurchase of up to $18 million of the Company’s outstanding common stock through June 30, 2026. The repurchase plan permits shares to be purchased in open market or private transactions, through block ...
Why Hilltop Holdings (HTH) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-05-26 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What a ...
Endeavor Bancorp Reports Net Income of $1.4 Million for the First Quarter of 2025; Highlighted by Loan and Deposit Growth and Net Interest Margin Expansion
Globenewswire· 2025-04-28 12:30
"Endeavor's first quarter performance marks a great start to the year, underscoring our continued commitment to delivering value to our shareholders and the businesses we serve," stated Julie Glance, CFO. "We allocated significant resources toward growing the company and expanding our team in 2024, and our first quarter operating results demonstrate the positive impact of these investments on our earnings. We experienced meaningful growth in both loans and deposits, coupled with continued margin expansion. ...
Northeast Bank Announces Dates for Fiscal 2025 Third Quarter Earnings Results and Conference Call
Newsfilter· 2025-04-24 16:00
Core Points - Northeast Bank will release its fiscal 2025 third quarter earnings results on April 29, 2025 [1] - A conference call will be held on April 30, 2025, at 10:00 a.m. ET, hosted by key executives [1] - The conference call will be accessible via phone and live webcast, with a slide presentation accompanying the webcast [2] Company Overview - Northeast Bank is headquartered in Portland, Maine, and offers personal and business banking services through seven branches [3] - The bank's National Lending Division engages in purchasing and originating commercial loans nationwide [3] - ableBanking, a division of Northeast Bank, provides online savings products to consumers across the country [3]