Toronto, Ontario--(Newsfile Corp. - July 7, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2025 of $0.0775 per common share, to be paid August 12, 2025 to shareholders of record July 31, 2025. Atrium pays monthly dividends currently at an annual rate of $0.93 per share, plus a special dividend to shareholders of record at year end in the event the dividends declared are less than taxable income for th ...

Core Viewpoint - Atrium Mortgage Investment Corporation has terminated its bought deal offering of 6.00% convertible unsecured subordinated debentures due September 30, 2032, due to additional remediation procedures required by its former auditor as identified by the Canadian Public Accountability Board (CPAB) [1] Company Overview - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada where real estate stability and liquidity are high [3] - The company's objectives include providing stable and secure dividends to shareholders while preserving equity by adhering to conservative risk parameters [3] Financial Reporting and Audit Concerns - The termination of the offering is linked to insufficient support for the former auditor's opinions on Atrium's annual financial statements for the years ended December 31, 2023, and 2024, particularly regarding the staging of mortgage receivables and allowance for mortgage losses [1] - Atrium is committed to assisting in addressing the concerns raised and expects satisfactory resolution of all identified issues [1]

Key Takeaways WFC is poised for growth after the Fed lifted its asset cap, enabling deposit and loan expansion. BAC plans to open 150 new centers by 2027 and expects 6-7% NII growth in 2025. WFC targets $2.4B in expense cuts by 2025 through branch upgrades and streamlined operations.Bank of America (BAC) and Wells Fargo (WFC) are two of the U.S. Big Four banks and are designated systemically important financial institutions. Both generate substantial net interest income (NII) and have deep exposure to con ...

To celebrate the opening, Hanover Bank invites business leaders, residents, and community stakeholders to stop by and meet the local banking team and learn about the range of financial services now available in the heart of Port Jefferson. A formal Grand Opening cocktail party will be held at a later date. About Hanover Community Bank and Hanover Bancorp, Inc. Hanover Bancorp, Inc. (NASDAQ: HNVR), is the bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personal ...

The Zacks Savings and Loan industry is benefiting from the improving lending scenario following the Federal Reserve’s interest rate cuts last year. Also, relatively lower rates have resulted in stable funding costs, supporting net interest income (NII) and net interest margin (NIM) expansion.The digitization of operations will aid industry players. Despite deteriorating asset quality, companies like WSFS Financial (WSFS) , Provident Financial Services (PFS) and Riverview Bancorp (RVSB) are poised to gain fr ...

Figure: 1 Mag Mile Capital Secures $10.25 Million in Joint Venture Equity for Chicago Office-to-Multifamily Conversion Project Chicago, Illinois, June 16, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital, Inc. (OTCQB: MMCP) ("Mag Mile", or the "Company") is pleased to announce the successful arrangement of $10.25 million in joint venture equity on behalf of the development team executing an innovative Class A office-to-multifamily conversion project at 111 W. Illinois in the River North neighborhood of Chicago ...

SoFi (SOFI) 2025 Conference June 10, 2025 11:15 AM ET Speaker0 Okay. Good afternoon, everyone. Thank you for coming to our technology conference, the Museo Technology Conference. I have the pleasure of hosting Chris my friend Chris Lapointe today, CFO of SoFi. Thank you. Thank you having me, Dan. Of course. Give you a little background. Chris joined from Uber Technologies where he was global head of FP and A, corporate finance and fintech prior to Uber. Chris was VP of TNT Investment Banking at Goldman Sach ...

When it comes to the financial sector, understanding the underlying impact of bank balance sheets and key performance indicators (KPIs) can be a daunting task. However, one common indicator is always subject to directly affecting the way a bank makes money on the bottom line, and that is the capital requirement set by government regulators. Wells Fargo & Company TodayWFCWells Fargo & Company$76.10 +1.20 (+1.60%) 52-Week Range$50.15▼$81.50Dividend Yield2.10%P/E Ratio14.14Price Target$77.48Add to WatchlistIn ...

Toronto, Ontario--(Newsfile Corp. - June 5, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of June 2025 of $0.0775 per common share, to be paid July 11, 2025 to shareholders of record June 30, 2025. Atrium pays monthly dividends currently at an annual rate of $0.93 per share, plus a special dividend to shareholders of record at year end in the event the dividends declared are less than taxable income for that ...

Raymond James Financial (RJF) 2025 Investor Day June 05, 2025 01:30 PM ET Speaker0 Right. We might be a minute or so But we'll just go ahead and get started. First of all, thank you all for coming. Good afternoon. I'm Christy Wah, Senior Vice President of Investor Relations, and welcome to Raymond James Financial's twenty twenty five Analyst and Investor Day. We're happy that so many of you were able to join in person here in our corporate headquarters in St. Petersburg, Florida. We do really value that you ...