Commercial banking services

Search documents
Beacon Financial Corporation Announces Third Quarter 2025 Earnings Release Date and Conference Call
Prnewswire· 2025-10-06 20:05
9k+ Digital Media Outlets Beacon Financial Corporation Carl M. Carlson 617-425-5331 Chief Financial and Strategy Officer SOURCE Beacon Financial Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers , /PRNewswire/ -- Beacon Financial Corporation (NYSE: BBT) announced today that it will report third quarter 2025 earnings at the close of business on Wednesday, October 29, 2025. Management will host a conference call to review this information at 1:30 PM Eastern Time ...
Huntington Bancshares’ Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2025-10-06 06:49
Columbus, Ohio-based Huntington Bancshares Incorporated (HBAN) is a multi-state diversified regional bank holding company for the Huntington National Bank. Valued at $25.1 billion by market cap, Huntington provides commercial, consumer, and mortgage banking services, offering various financial products to corporations and individuals. The banking giant is set to announce its third-quarter results before the market opens on Thursday, Oct. 23. Ahead of the event, analysts expect HBAN to report an adjusted p ...
Carver Bancorp, Inc. (CARV)’s Largest Shareholder Dream Chasers Capital Group (DCCG) Expresses Interest in Acquiring a Controlling Interest
Yahoo Finance· 2025-09-27 14:26
Carver Bancorp, Inc. (NASDAQ:CARV) is one of the 10 Best Bank Penny Stocks to Buy Right Now. Carver Bancorp, Inc. (CARV)’s Largest Shareholder Dream Chasers Capital Group (DCCG) Expresses Interest in Acquiring a Controlling Interest Dream Chasers Capital Group (DCCG) is the largest shareholder of Carver Bancorp, Inc. (NASDAQ:CARV) with a 9.7% stake. On September 23, 2025, DCCG expressed interest in acquiring a controlling interest, pursuing a merger, or completing a full acquisition of Carver Bancorp. T ...
SR BANCORP, INC. ANNOUNCES PAYMENT OF QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE
Prnewswire· 2025-09-22 12:30
Accessibility StatementSkip Navigation BOUND BROOK, N.J., Sept. 22, 2025 /PRNewswire/ -- SR Bancorp, Inc. (NASDAQ: SRBK), the holding company for Somerset Regal Bank, announced that its Board of Directors has declared the payment of a quarterly cash dividend. The dividend of $0.05 per share will be paid on October 15, 2025 to stockholders of record as of September 30, 2025. David Orbach, Executive Chairman of SR Bancorp, Inc said: "We are pleased to be in a strong financial position giving us the ability t ...
First Horizon Corporation to Announce Third Quarter Financial Results on October 15, 2025
Prnewswire· 2025-09-17 20:15
Core Points - First Horizon Corporation plans to announce its third quarter financial results on October 15, 2025, with a live conference call and webcast presentation scheduled for 9:30 am ET [1] - The company has $82.1 billion in assets as of June 30, 2025, and operates in 12 states in the southern U.S. [2] Financial Results Announcement - The financial results will be available at ir.firsthorizon.com at approximately 6:30 am ET/5:30 am CT on October 15, 2025 [1] - A live webcast will be accessible under Events and Presentations on the company's website [1] - Dial-in options for the conference call include 1-833-470-1428 for U.S. callers and 646-844-6383 for international callers, with an access code of 547397 [1] - A replay of the call will be available until midnight CT on October 29, with specific dial-in details provided for U.S. callers [1] Company Overview - First Horizon Corporation is a leading regional financial services company, providing a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [2] - The company has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [2]
Best Value Stock to Buy for September 15th
ZACKS· 2025-09-15 13:31
Group 1: BorgWarner - BorgWarner is a global leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles, with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for BorgWarner's current year earnings has increased by 8.6% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 9.56, compared to the industry average of 15.30, and possesses a Value Score of A [2] Group 2: Ranger Energy Services - Ranger Energy Services is a provider of well service rigs and services primarily in the United States, also carrying a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Ranger Energy Services' current year earnings has increased by 42.5% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.02, compared to the industry average of 23.50, and possesses a Value Score of B [3] Group 3: First Financial Bank - First Financial Bank is a financial holding company engaged in commercial banking and other financial activities through seventeen wholly owned subsidiary institutions, with a Zacks Rank 1 [4] - The Zacks Consensus Estimate for First Financial Bank's current year earnings has increased by 6.1% over the last 60 days [4] - The company has a price-to-earnings ratio (P/E) of 9.32, compared to the industry average of 11.20, and possesses a Value Score of B [5]
Beacon Financial Corporation Completes Merger of Equals between Berkshire Hills Bancorp and Brookline Bancorp
Prnewswire· 2025-09-02 12:30
Core Viewpoint - Beacon Financial Corporation has successfully completed a merger of equals between Berkshire Hills Bancorp and Brookline Bancorp, effective September 1, 2025, creating a significant regional banking entity in the Northeast [1][2][3]. Company Overview - The newly formed Beacon Financial Corporation is the parent company of Beacon Bank & Trust, a full-service regional banking franchise with $24 billion in assets and over 145 branches across New England and New York [2][5]. - The company offers extensive wealth management and trust services, managing more than $3 billion in assets [2]. Merger Details - The merger aims to position Beacon Financial Corporation as a predominant regional bank, enhancing service capabilities and financial performance for shareholders [3]. - Clients will continue to use their existing banking services through the respective branches and will eventually transition to the Beacon Bank brand, with full integration expected by the first quarter of 2026 [4]. Future Plans - The company is focused on integrating banking systems to ensure a seamless client experience and to enhance service offerings [3][4].
First Horizon Foundation Provides $25,000 to Red Cross to Support Relief Efforts in Chattanooga
Prnewswire· 2025-08-20 21:30
Group 1 - First Horizon Foundation announced a $25,000 donation to the American Red Cross of Southeast Tennessee to support relief efforts in Chattanooga [1] - The donation aims to provide essential services and critical resources to the community affected by recent floods [1][3] - Chattanooga Mayor Tim Kelly praised First Horizon for its long-standing support and commitment to the community since 1905 [3] Group 2 - The American Red Cross of Southeast Tennessee offers emergency financial aid, recovery planning, and long-term support for those impacted by the floods [3] - First Horizon Corporation, with $82.1 billion in assets as of June 30, 2025, is a leading regional financial services company operating in 12 states [5] - The First Horizon Foundation has donated over $150 million since its founding in 1993, supporting various impact areas including Arts & Culture, Education & Leadership, and Health & Human Services [4]
Best Income Stocks to Buy for August 5th
ZACKS· 2025-08-05 13:06
Group 1: Stock Recommendations - Quad Graphics (QUAD) has seen a 7.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers print and multichannel solutions [1] - Citizens Financial Services (CZFS) has experienced a 5.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and has a dividend yield of 3.7%, above the industry average of 2.7% [2] - Farmers & Merchants Bancorp (FMAO) has reported a 6.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and has a dividend yield of 3.6%, also above the industry average of 2.7% [3] Group 2: Industry Insights - The average dividend yield for the industry is notably low at 0.0% for print and related solutions, while the banking sector shows an average of 2.7% [2][3]
Union Bankshares Announces Earnings for the three and six months ended June 30, 2025 and Declares Quarterly Dividend
Globenewswire· 2025-07-16 21:01
Core Viewpoint - Union Bankshares, Inc. reported positive financial results for the second quarter and first half of 2025, showing growth in net income, total assets, and loans, while also declaring a quarterly cash dividend [1][6][10]. Financial Performance - Consolidated net income for Q2 2025 was $2.4 million, or $0.53 per share, up from $2.0 million, or $0.45 per share in Q2 2024, marking an increase of 18.6% [1][6] - For the first half of 2025, net income was $4.9 million, or $1.08 per share, compared to $4.4 million, or $0.98 per share in the same period of 2024 [1] Balance Sheet Highlights - Total assets increased to $1.48 billion as of June 30, 2025, up $81.9 million, or 5.9% from $1.40 billion a year earlier [2] - Total loans grew by $99.8 million, or 9.8%, reaching $1.11 billion, including $9.0 million in loans held for sale [2] - Total deposits rose to $1.10 billion, compared to $1.05 billion a year prior [4] Income Statement Insights - Interest income for Q2 2025 was $18.7 million, an increase of $2.2 million, or 13.1%, from $16.5 million in Q2 2024 [6] - Interest expense also increased by $1.2 million, or 17.1%, to $8.3 million for Q2 2025 [6] - Net interest income rose by $962 thousand, or 10.1%, reflecting the changes in interest income and expense [6] Credit Quality - Credit loss expense for Q2 2025 was $221 thousand, down from $388 thousand in Q2 2024, indicating improved credit quality [7] Dividend Declaration - The Board of Directors declared a cash dividend of $0.36 per share, payable on August 7, 2025, to shareholders of record as of July 26, 2025 [10] Company Overview - Union Bankshares, Inc. is a bank holding company providing a range of banking services in northern Vermont and New Hampshire, operating 18 banking offices and three loan centers [11]