Workflow
Financial planning services
icon
Search documents
Midland States Bancorp, Inc. to Announce Fourth Quarter 2025 Financial Results on Thursday, January 22
Globenewswire· 2026-01-02 21:30
Core Viewpoint - Midland States Bancorp, Inc. will release its fourth quarter 2025 financial results on January 22, 2026, after market close, along with an investor presentation [1] Company Overview - Midland States Bancorp, Inc. is a community-based financial holding company located in Effingham, Illinois, and is the sole shareholder of Midland States Bank [2] - As of September 30, 2025, the company reported total assets of approximately $6.91 billion and its Wealth Management Group had assets under administration of approximately $4.36 billion [2] - The company offers a comprehensive range of commercial and consumer banking products and services, including merchant credit card services, trust and investment management, insurance, and financial planning services [2]
Chesapeake Financial Planners Expands Operations, Launches New Website Ahead of 2026
Globenewswire· 2025-12-19 02:00
Core Insights - Chesapeake Financial Planners is expanding its team and service capabilities in response to increased client demand for professional financial guidance [1][2][3] - The firm has launched a redesigned website aimed at enhancing transparency and usability for prospective clients [3][4] Company Developments - The firm has added new team members to support its growing client base while maintaining personalized service quality [7][8] - The new hires will assist in various operational areas, ensuring the firm can handle increased planning volume effectively [8] Client Focus - Chesapeake Financial Planners primarily serves business owners, technology executives, and individuals nearing or in retirement, who face complex financial situations [10] - The firm operates as a fiduciary, legally obligated to act in clients' best interests, distinguishing it from firms with less stringent requirements [11] Recognition and Expertise - Jeff Judge, the Managing Partner, has received the Five Star Wealth Manager award annually from 2017 to 2026, based on objective criteria [12] - As the sole CFP® designee at the firm, Judge brings rigorous training and ethical standards to client engagements [13] Strategic Vision - The operational updates reflect a commitment to sustainable growth, focusing on building infrastructure that supports long-term client relationships [14]
Camden National Corporation Announces its Fourth Quarter 2025 Dividend
Prnewswire· 2025-12-16 21:15
CAMDEN, Maine, Dec. 16, 2025 /PRNewswire/ -- Simon Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share. This quarterly payout results in an annualized dividend yield of 3.68% based on the December 15, 2025 closing price of the Company's common stock at $45.68 per share as reported by NASDAQ. The dividend is payable on January 30, 2026, to shar ...
Camden National Corporation Announces its Third Quarter 2025 Dividend
Prnewswire· 2025-09-30 20:15
Core Points - Camden National Corporation declared a quarterly dividend of $0.42 per share, resulting in an annualized dividend yield of 4.34% based on the closing price of $38.72 per share on September 29, 2025 [1] - The dividend is payable on October 31, 2025, to shareholders of record as of October 15, 2025 [1] Company Overview - Camden National Corporation is the largest publicly traded bank holding company in Northern New England, with approximately $6.9 billion in assets [2] - The company operates 72 banking centers in Maine and New Hampshire, providing full-service community banking and digital banking services [2] Wealth Management Services - Camden National Corporation offers comprehensive wealth management, investment, and financial planning services through Camden National Wealth Management [3]
Camden National Corporation Reports Second Quarter 2025 Earnings
Prnewswire· 2025-07-29 12:15
Core Insights - Camden National Corporation reported a net income of $14.1 million and diluted EPS of $0.83 for Q2 2025, marking increases of 92% and 93% respectively compared to Q1 2025 [1][22]. Financial Performance - The company achieved a pre-tax, pre-provision income increase of 13% over the prior quarter, reflecting successful cost synergies and revenue growth post the Northway Financial acquisition [2]. - Net interest income for Q2 2025 was $49.2 million, a 1% increase from Q1 2025, driven by net interest margin expansion [10][26]. - Non-interest income rose to $13.1 million, a 17% increase compared to Q1 2025, attributed to higher mortgage banking income and debit card income [12][26]. - Non-interest expenses decreased by 15% to $37.6 million, primarily due to reduced merger-related costs [13][26]. Financial Condition - As of June 30, 2025, total assets were $6.9 billion, a 1% decrease from March 31, 2025 [4][23]. - Total loans increased by 1% to $4.9 billion, with growth across all segments except residential loans, where 39% of production was sold [5][23]. - The allowance for credit losses on loans was 1.08%, up 12 basis points from the previous quarter, influenced by a commercial loan bankruptcy [6][23]. - Total deposits were $5.5 billion, a 1% decrease since March 31, 2025, with a loan-to-deposit ratio of 89% [7][23]. Capital Ratios - The common equity Tier 1 risk-based capital ratio was 10.88%, and the total risk-based capital ratio was 13.35%, both well above regulatory requirements [8][23]. Shareholder Returns - A cash dividend of $0.42 per share was announced, yielding an annualized dividend yield of 4.14% based on the closing share price of $40.58 [9][22]. Asset Quality - Non-performing loans increased to 0.37% of total loans, with loans 30-89 days past due at 0.08% [6][22]. - Annualized net charge-offs for Q2 2025 were 0.02% of average loans [12][22]. Book Value - Book value per share was $38.54, with tangible book value per share at $26.90, reflecting increases of 2% and 3% respectively [14][22].
LPL Financial Welcomes Loomis Wealth Management
Globenewswire· 2025-06-05 12:55
Core Insights - LPL Financial LLC has welcomed Loomis Wealth Management, which manages approximately $180 million in advisory, brokerage, and retirement plan assets, to its platforms [1][6][8] Group 1: Company Overview - Loomis Wealth Management was founded in 2010 by Bill and Curt Loomis, focusing on comprehensive, fiduciary-driven wealth management [2] - The team has a combined six decades of experience in the financial industry and is known for a holistic approach to wealth management in the Shenandoah Valley [2] - Justin K. Hitt joined the team in 2023, bringing a decade of educational experience before transitioning to finance [2] Group 2: Client Engagement and Services - The Loomis Wealth Management team emphasizes understanding clients' lifestyles, families, and financial aspirations to tailor investment portfolios [3] - They offer a full range of services including investment management, financial planning, and risk management [2][3] Group 3: Partnership with LPL Financial - The team sought to join LPL for greater autonomy, improved technology, and an enhanced client experience [3][4] - LPL Financial is recognized for its investment in resources that support advisors in delivering superior client experiences [4] - LPL supports nearly 29,000 financial advisors and manages approximately $1.8 trillion in brokerage and advisory assets [6]