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Halmont Properties Corporation Second Quarter Results
Globenewswire· 2025-08-25 17:53
Financial Performance - Halmont Properties Corporation reported a net income to shareholders of $9.2 million for the six months ended June 30, 2025, an increase from $7.8 million for the same period in 2024 [1] - Revenue for the six months ended June 30, 2025, was $16.74 million, compared to $15.63 million for the same period in 2024, reflecting a growth of approximately 7.1% [2] - Comprehensive income for common shareholders was $9.40 million for the six months ended June 30, 2025, up from $8.97 million in 2024 [2] Shareholder Metrics - The diluted net income per common share decreased to 3.66 cents in 2025 from 3.85 cents in 2024 [2] - The fully diluted book value of Halmont's common shares increased to 95 cents per share as of June 2025, compared to 84 cents in June 2024 [3] Investments and Operations - The financial results reflect contributions from investments made in 2024, including the repositioning of commercial property and forest portfolios [2] - Notable acquisitions included interests in 25 Dockside Drive and 2 Queen East, along with a $1.0 million investment in Haliburton Forest, raising effective ownership to 59% [2]
Brookline Bancorp, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-07-07 20:05
Group 1 - Brookline Bancorp, Inc. will report its second quarter 2025 earnings on July 23, 2025, with a conference call scheduled for July 24, 2025, at 1:30 PM Eastern Time [1] - The company has $11.5 billion in assets and operates branches in Massachusetts, Rhode Island, and New York [2] - Brookline Bancorp offers a variety of banking services, including commercial, business, and retail banking, as well as cash management products and investment services [2] Group 2 - The company provides equipment financing through its subsidiary Eastern Funding and wealth management services through Clarendon Private [2] - Interested parties can access the conference call via a dedicated link or by dialing specific numbers for the United States and international listeners [1] - A recorded playback of the conference call will be available for one week after the event [1]
ServisFirst Bancshares, Inc. to Announce Second Quarter 2025 Financial Results July 21st
GlobeNewswire News Room· 2025-06-30 21:19
Core Points - ServisFirst Bancshares, Inc. is set to announce its earnings and operating results for the quarter ended June 30, 2025, on July 21, 2025, at 4 p.m. ET [1] - A live audio webcast to discuss the earnings and results will take place on the same day at 5:15 p.m. ET, with a replay available until July 31, 2025 [2] Company Overview - ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama, providing business and personal financial services through its subsidiary, ServisFirst Bank [3] - The company operates in multiple states, including Alabama, Florida, Georgia, North and South Carolina, Tennessee, and Virginia, offering a range of services such as loan origination, deposit acceptance, electronic banking, treasury and cash management services, and correspondent banking [3] Regulatory Filings - ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC), and these filings can be accessed through the SEC's website or the company's own website [4]
First Horizon Marks 15 Years of Teaching Kids to Save with Record Impact
Prnewswire· 2025-05-21 20:45
Core Insights - First Horizon Corporation has achieved a record participation in the Teach Children to Save program, educating 8,900 students in financial literacy [1][3] - The initiative is part of a 15-year partnership with the American Bankers Association Foundation, emphasizing the importance of financial education in schools [3] - The program aims to fill knowledge gaps in traditional education by teaching essential money management skills such as saving, budgeting, and responsible spending [1][3] Company Overview - First Horizon Corporation, as of March 31, 2025, has $81.5 billion in assets and operates in 12 states across the southern U.S. [5] - The company offers a wide range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [5] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. by Fortune and Forbes magazines [5]
First Horizon Bank Joins FedEx St. Jude Championship as 2025 Official Financial Services Sponsor
Prnewswire· 2025-05-06 20:30
Company Overview - First Horizon Bank has been named the Official Financial Services sponsor of the 2025 FedEx St. Jude Championship, taking place from August 6-10, 2025 [1][2] - The bank has a legacy of 161 years and operates over 400 banking centers across the southeastern U.S., providing a range of financial services [2][4] - As of March 31, 2025, First Horizon Corp. has $81.5 billion in assets and has been recognized as one of the best employers and a top reputable bank in the U.S. [4] Industry Context - The FedEx St. Jude Championship is the first of three events in the FedExCup Playoffs, featuring the top 70 players in the FedExCup Playoffs and Eligibility Points List [3][5] - The tournament has been held annually in Memphis since 1958, with 2025 marking the fourth year of hosting a Playoffs event [5] - Since 1970, the tournament has raised over $80 million for St. Jude Children's Research Hospital, ensuring that families do not receive bills for treatment [5]
Howard Hughes Extends Standstill Agreement with Pershing Square to May 30, 2025
Globenewswire· 2025-04-30 12:30
Core Viewpoint - Howard Hughes Holdings Inc. has extended its standstill agreement with Pershing Square Capital Management until May 30, 2025, indicating ongoing discussions between the two parties [1][2]. Company Overview - Howard Hughes Holdings Inc. is engaged in owning, managing, and developing commercial, residential, and mixed-use real estate across the U.S. [3] - The company boasts a portfolio that includes master planned communities and various operating properties, strategically positioned to meet market demand [3]. - Notable developments include Downtown Columbia in Maryland, The Woodlands, Bridgeland, Summerlin in Las Vegas, Ward Village in Honolulu, and Teravalis in Greater Phoenix [3]. - The company is recognized for its commitment to design excellence and cultural life within its communities [3].
Halmont Properties Corporation Year End Results
Globenewswire· 2025-04-29 01:53
Financial Performance - Halmont Properties Corporation reported a net income of $18.39 million for the year ended December 31, 2024, slightly down from $18.49 million in 2023 [1] - Revenue increased to $32.02 million in 2024 from $27.97 million in 2023 [1] - The diluted net income per common share decreased to 12.52¢ in 2024 from 12.69¢ in 2023 [1] Asset Management and Investments - The company completed the transition of its commercial property and forest asset portfolio, which began four years ago, and has more than doubled its equity base during this period [1] - Halmont increased the fully diluted book value of its common shares by 53%, from 60¢ to 92¢ per share [1][4] - Major transactions included a $21.7 million investment in Haliburton Forest, raising its effective ownership to 59%, and the acquisition of Murry Bros. Lumber Company sawmill [2] Capital Markets Activity - Halmont issued $50 million of Series II convertible preferred shares to provide additional capital for future investments [3] - The company revalued its real estate and other investments, resulting in an increase in the fully diluted book value of common shares to 92¢ per share at year-end 2024, up from 80¢ at year-end 2023 [4] Strategic Acquisitions - The company acquired a 50% interest in 25 Dockside Drive, Toronto, through a joint venture with George Brown College [7] - Halmont also acquired a 37.5% interest in 2 Queen East, Toronto, in collaboration with Toronto Metropolitan University and Brookfield Property Partners [7]
First Horizon Bank, the NC Courage and the Town of Cary, NC Celebrate Partnership with New Signage and a Ribbon Cutting at First Horizon Stadium
Prnewswire· 2025-04-29 01:15
Core Points - First Horizon Bank has entered a multi-year naming rights partnership with the North Carolina Courage, resulting in the stadium being named First Horizon Stadium [1][3] - The partnership aims to enhance community engagement and promote women's soccer while reinforcing Cary's reputation as a premier destination for sporting events [3][4] Company Overview - First Horizon Corp. has $81.5 billion in assets as of March 31, 2025, and operates in 12 states across the southern U.S., offering a wide range of financial services [6] - The bank has been recognized as one of the nation's best employers and a Top 10 Most Reputable U.S. Bank [6] Sports Team Overview - The North Carolina Courage is competing in its ninth season in 2025 and is the winningest club in NWSL history, with seven league trophies [7] - The team plays home matches at First Horizon Stadium, which is part of WakeMed Soccer Park [7][10] Community Impact - The partnership between First Horizon Bank, the NC Courage, and the Town of Cary emphasizes shared values of leadership, innovation, and community impact [3][4] - Cary is recognized for its safe neighborhoods and extensive parks, making it a desirable place for residents and visitors [9]