Merger Announcement - Civista Bancshares, Inc. will acquire The Farmers Savings Bank, with a combined total asset of approximately $4.4 billion, total net loans of about $3.2 billion, and total deposits of around $3.5 billion as of March 31, 2025 [1][3] - The acquisition will add two branches in Medina and Lorain Counties, along with approximately $183 million in low-cost core deposits [3] Financial Details - Civista will pay $34.925 million in cash and issue 1,434,491 common shares for all outstanding shares of Farmers, resulting in an aggregate deal value of approximately $70.4 million based on Civista's closing share price of $24.72 on July 9, 2025 [5] - The acquisition is expected to be approximately 10% accretive to Civista's diluted earnings per share once cost savings are fully realized [7] Strategic Rationale - The merger is aimed at enhancing Civista's commercial lending platform and deploying Farmers' excess liquidity, which has a loan-to-deposit ratio of 46%, to drive growth [3][4] - Both companies express a commitment to community banking and believe the merger will provide greater value to shareholders and enhanced resources to customers [4][5] Regulatory and Approval Process - The transaction is expected to close in the fourth quarter of 2025, pending approval from Farmers' shareholders and regulatory authorities [5][6] - Key shareholders of Farmers have agreed to vote in favor of the merger [6] Investor Communication - Civista will host an investor conference call on July 11, 2025, to discuss the merger transaction [8]

Group 1 - Civista Bancshares, Inc. will release its second quarter 2025 financial results on July 24, 2025, before market open [1] - A conference call and webcast will be held on the same day at 1:00 p.m. Eastern Time to discuss the financial results, with analysts invited to participate in the Q&A session [1][2] - Civista Bancshares, Inc. is a $4.1 billion financial holding company based in Sandusky, Ohio, with its primary subsidiary, Civista Bank, providing full-service banking and other financial services [3] Group 2 - Civista Bank operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky, and offers commercial equipment leasing services nationwide [3] - The company's common shares are traded on the NASDAQ Capital Market under the symbol "CIVB" [3]

The stock market has chugged higher to begin June as Wall Street bulls attempt to push the S&P 500 and the Nasdaq back to their all-time highs and beyond.Wall Street is cheering cooling trade war tensions, lower inflation, and strong earnings results and guidance, boosted by tech growth and artificial intelligence spending.That said, the bulls might have a hard time sending the market to all-time highs until the start of the second quarter earnings season in the middle of July, barring any major trade war u ...

Key Takeaways HBAN is divesting its corporate trust and custody business to Argent Institutional Trust Company. The deal transfers client relationships, personnel, and infrastructure while preserving service continuity. Post-deal, AITC will continue providing trust services to HBAN's commercial banking clients.Shares of Huntington Bancshares (HBAN) gained 3.05% on Friday, following its decision to streamline operations by divesting the corporate trust and institutional custody business of its subsidiary, ...

LODI, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), the Board of Directors declared a mid-year cash dividend of $9.30 per share, an increase of 5.7% over the $8.80 per share paid in July of 2024. The cash dividend is payable on July 1, 2025, to shareholders of record on June 10, 2025. Net income over the trailing twelve months was $88.7 million comp ...

Company Overview - AerCap Holdings N.V. is a global leader in aviation leasing with a strong order book and serves approximately 300 customers worldwide [2] Financial Reporting - AerCap has filed an interim financial report for the first quarter ended March 31, 2025, including unaudited condensed consolidated financial statements with the U.S. Securities and Exchange Commission [1] Corporate Information - AerCap is listed on the New York Stock Exchange under the ticker AER and is headquartered in Dublin, with additional offices in various global locations including Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, and Dubai [2]