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Atrium Mortgage Investment Corporation Announces Its Monthly Regular Dividend and Dividends for the First Quarter of 2026
TMX Newsfile· 2026-01-05 21:30
Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Atrium Mortgage Investment Corporation (TSX: AI) ("Atrium") is pleased to announce its regular monthly dividend policy for 2026. The annual dividend rate remains unchanged at $0.93 per common share, payable in monthly installments of $0.0775 per common share.Each dividend must be approved by Atrium's board of directors. Atrium's board of directors has declared a monthly cash dividend of $0.0775 per common share (subject to recission or adjustment at th ...
Atrium Mortgage Investment Corporation Announces Appointment of New CFO
Newsfile· 2025-12-01 22:24
Core Points - Atrium Mortgage Investment Corporation has appointed Chris Anastasopoulos as Chief Financial Officer effective December 1, 2025 [1] - Chris Anastasopoulos brings over 30 years of experience in financial and strategic leadership within the financial services sector, having held senior roles at a global asset manager, a major Canadian pension plan, and a chartered bank [2] - Jeffrey D. Sherman, the previous CFO, served as Interim CFO for the last four and a half months and played a key role in increasing the committed line of credit to $380 million and sourcing new auditors [3] Company Overview - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada with high stability and liquidity in real estate [4] - The company aims to provide stable and secure dividends to shareholders while preserving equity by adhering to conservative risk parameters [4] - As a Mortgage Investment Corporation (MIC), Atrium is not taxed on income as long as taxable income is distributed to shareholders as dividends within 90 days after the fiscal year-end [5]
NASB Financial, Inc. Declares Cash Dividends on Common Stock
Prnewswire· 2025-08-29 18:07
Company Overview - NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. [2] - The company has been serving the financial needs of customers since 1927, providing a range of personal banking and lending products in the Kansas City metro area [2] - NASB offers competitive residential and commercial mortgages nationwide, backed by the safety and security of a Federal financial institution [2] Dividend Announcement - The Board of Directors declared a special cash dividend of $0.25 per share and a regular quarterly cash dividend of $0.35 per share [1] - The total dividends amount to $0.60 per share, which will be paid on September 26, 2025, to stockholders of record on September 12, 2025 [1]
Atrium Mortgage Investment Corporation Announces August 2025 Dividend and Q2 2025 Investor Conference Call Details
Newsfile· 2025-08-01 20:30
Group 1 - Atrium Mortgage Investment Corporation declared a dividend of $0.0775 per common share for August 2025, payable on September 11, 2025, to shareholders of record on August 29, 2025 [1] - The company currently pays monthly dividends at an annual rate of $0.93 per share, with a potential special dividend at year-end if declared dividends are less than taxable income for the fiscal year [2] - Atrium will release its financial results for the quarter ended June 30, 2025, on August 7, 2025 [2] Group 2 - A conference call with management is scheduled for August 8, 2025, at 9:00 a.m. ET to discuss the financial results [3] - Atrium offers a dividend reinvestment plan (DRIP) allowing shareholders to reinvest dividends in new shares at a 2% discount from market price, with no commissions [4] - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada, aiming to provide stable dividends and preserve shareholders' equity [5] Group 3 - Atrium is classified as a Mortgage Investment Corporation (MIC) under the Canada Income Tax Act, allowing it to avoid taxation on income if dividends are paid to shareholders within 90 days after year-end [6]
SR Bancorp (SRBK) Q4 Profit Returns
The Motley Fool· 2025-08-01 18:38
Core Insights - SR Bancorp returned to profitability in Q4 2025, reporting GAAP net income of $823,000 ($0.10 per share), a significant recovery from a GAAP net loss of $3.0 million ($0.34 per share) in Q4 2024 [1][2] - Revenue reached $7.97 million, marking a 96.7% increase year-over-year, primarily due to improved asset quality and the absence of merger-related costs from the previous year [1][2] - The net interest margin narrowed to 2.90% from 3.22%, reflecting rising funding costs and competitive pressures in the deposit market [1][7] Financial Performance - Net income increased by $3.9 million compared to the prior year, driven by the completion of merger-related restructuring and normalization of taxes and credit provisions [5] - Adjusted net income (Non-GAAP) was $515,000, compared to a loss of $499,000 in the previous year [2][5] - Total deposits rose to $846.0 million, a 4.8% increase from $807.1 million in Q4 2024 [2][7] Business Overview - SR Bancorp operates as a community bank in New Jersey, offering a range of banking services including deposit accounts, residential and commercial mortgages, and business lending solutions [3] - The company's growth strategy focuses on market expansion, particularly following the acquisition of Regal Bancorp, which enhanced its commercial lending capabilities [3] Operational Highlights - Loan portfolio growth was robust, with net loans increasing by 8.9% year-over-year, driven by residential and multi-family loans [7] - Noninterest income improved significantly, moving from a loss in the prior period to a positive figure, as the company did not repeat last year's loss from security sales [6] - Noninterest expense rose by 3.3%, with higher salaries and benefits partially offset by lower data processing costs post-merger [8] Future Outlook - Management did not provide explicit forward guidance for fiscal 2026, highlighting ongoing challenges related to net interest margin pressure and rising funding costs [11] - Investors are expected to monitor the bank's core profitability and seek clarity on potential margin stabilization, with asset quality and deposit mix being key factors [12]
Atrium Mortgage Investment Corporation Announces Election of Directors
Newsfile· 2025-05-14 20:00
Group 1 - Atrium Mortgage Investment Corporation held its annual meeting of shareholders where all eight director nominees were elected [1] - The voting results showed high approval rates for the nominees, with Robert H. DeGasperis receiving the highest percentage of votes at 99.34% [1] - The directors will serve until the next annual meeting, ensuring continuity in leadership [1] Group 2 - Atrium is recognized as a non-bank provider of residential and commercial mortgages in major urban centers in Canada [2] - The company's objectives include providing stable and secure dividends to shareholders while preserving equity through conservative lending practices [2] - As a Mortgage Investment Corporation (MIC), Atrium is not taxed on income if it distributes taxable income to shareholders as dividends within 90 days after year-end [3]