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Agibank Cuts IPO Price Following PicPay Plunge
PYMNTS.com· 2026-02-10 15:51
Brazilian FinTech AGI, or Agibank, lowered the size and price range of its U.S. initial public offering (IPO).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.After saying in a Jan. 29 filing with the Securities and ...
Jim Cramer on Banco Santander: “I Think This One’s on Track to Become One of the Most Profitable Banks in the World”
Yahoo Finance· 2026-02-07 05:56
Banco Santander, S.A. (NYSE:SAN) is one of the stocks Jim Cramer commented on. Cramer highlighted the company’s U.S. ambitions, as he said: This morning, we got excellent full-year results from Banco Santander, the Spanish banking powerhouse with the stock that’s charged 142% over the past 12 months. A bank. We also learned that they’re buying Webster Financial. It’s a community bank based in Connecticut, a real good one. It’s all part of their plan to dominate the northeastern United States. I think this ...
Bank of America Declares First Quarter 2026 Stock Dividends
Prnewswire· 2026-02-03 21:15
CHARLOTTE, N.C., Feb. 3, 2026 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.28 per share, payable on March 27, 2026 to shareholders of record as of March 6, 2026. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on April 24, 2026 to shareholders of record as of April 10, 2026. Bank ...
Huntington Bancshares Incorporated to Present at the 2026 UBS Financial Services Conference
Prnewswire· 2026-02-03 21:05
COLUMBUS, Ohio, Feb. 3, 2026 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the 2026 UBS Financial Services Conference on Tuesday, February 10, 2026. Steve Steinour, chairman, president, and chief executive officer, and Zach Wasserman, chief financial officer, are scheduled to present to analysts and investors at 11:20 AM (Eastern Time). They will discuss business trends, financial performance, and strategic initiatives. The presentation will include forward-looking s ...
Are Wall Street Analysts Predicting Charles Schwab Stock Will Climb or Sink?
Yahoo Finance· 2026-02-02 14:09
The Charles Schwab Corporation (SCHW), headquartered in Westlake, Texas, operates as a savings and loan holding company. With a market cap of $184.7 billion, the company provides wealth and asset management, securities brokerage, banking, trading and research, custody, and financial advisory services. Shares of this leading financial services firm have outperformed the broader market over the past year. SCHW has gained 24.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly ...
Truxton Corporation Announces Increased Quarterly Cash Dividend for 2026 and a $5 Million Repurchase Authorization
Globenewswire· 2026-01-29 14:00
NASHVILLE, Tenn., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCID: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.88 per common share payable March 24, 2026, to shareholders of record as of March 10, 2026, representing a 76% increase over the 2025 regular quarterly dividend of $0.50. This large increase reflects the absorption of prior years’ $1.00 special dividend into the regular di ...
Truxton Corporation Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-01-29 14:00
Core Insights - Truxton Corporation reported a fourth quarter net income of $5.48 million, or $1.90 per diluted share, an increase from $4.99 million, or $1.74 per diluted share, in the same quarter of 2024 [1][2] - For the full year 2025, net income rose by 17% to $21.5 million from $18.4 million in 2024, with earnings per diluted share increasing by 18% to $7.46 from $6.34 [2] Financial Performance - Non-interest income for the fourth quarter of 2025 was $5.9 million, which is $140 thousand lower than the third quarter of 2025 but $81 thousand higher than the fourth quarter of 2024 [5] - Loans increased by 13% to $814 million at year-end compared to $721 million at September 30, 2025, and were up 21% from $670 million at December 31, 2024 [5] - Total deposits rose by 7% from $1.16 billion at September 30, 2025, to $1.24 billion at December 31, 2025, and were 43% higher compared to $866 million at December 31, 2024 [5] Asset Quality and Capital Position - The net interest margin for the fourth quarter of 2025 was 2.97%, an increase of 15 basis points from 2.82% in the previous quarter and 18 basis points from 2.79% in the same quarter of 2024 [5] - The allowance for credit losses on loans was $7.4 million at December 31, 2025, compared to $7.0 million at September 30, 2025, and $6.4 million at December 31, 2024 [5] - Truxton's Tier 1 leverage ratio was 8.77% at December 31, 2025, down from 8.90% at September 30, 2025, and 10.63% at December 31, 2024 [5] Shareholder Returns - During the twelve months ended December 31, 2025, Truxton Corporation paid dividends of $3.00 per common share, which included a $1.00 special cash dividend, and repurchased 11,700 shares of its common stock for $923 thousand [5]
Pinnacle Financial Partners Announces Preferred Stock Dividends
Businesswire· 2026-01-28 22:00
ATLANTA--(BUSINESS WIRE)--The board of directors ofPinnacle Financial Partners, Inc. (NYSE: PNFP) approved the following three preferred stock dividends for shareholders: *As of June 30, 2025, according to FDIC data. $0.45617 per share on the firm's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on March 23, 2026, to shareholders of record as of March 15, 2026. $0.52481 per share on the firm's Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, payable on ...
Pinnacle Financial Partners Announces Common Dividend
Businesswire· 2026-01-26 22:00
Company Overview - Pinnacle Financial Partners, Inc. is a regional bank with assets totaling $119.1 billion, offering a comprehensive range of banking, investment, trust, mortgage, and insurance products and services for both commercial and consumer clients [2] - The firm is the largest bank headquartered in Tennessee and the largest bank holding company in Georgia, with a significant presence in multiple states including Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia, and Maryland [2] - Pinnacle holds the No. 1 position in deposit market share in the Nashville MSA and ranks No. 4 in the Atlanta MSA as of June 30, 2025, according to FDIC data [2] Recent Developments - The Board of Directors of Pinnacle Financial Partners has approved a cash dividend of $0.50 per share, which is set to be paid on February 27, 2026, to shareholders of record as of the close of business on February 6, 2026 [1] Recognition and Workplace Culture - Pinnacle is recognized as an employer of choice, ranking No. 9 in FORTUNE magazine's 2025 list of 100 Best Companies to Work For in the U.S., marking its ninth consecutive appearance on the list [3] - The firm was also acknowledged by American Banker as No. 4 among America's Best Banks to Work For in 2025, achieving this recognition for the 13th consecutive year, and is ranked No. 1 among banks with more than $10 billion in assets [3]
Cadence Bank Declares Quarterly Preferred Dividend
Prnewswire· 2026-01-20 21:30
Group 1 - Cadence Bank's board of directors has declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock, payable on February 20, 2026, to shareholders of record at the close of business on January 30, 2026 [1] - Cadence Bank is a regional bank with assets totaling $53 billion, operating more than 390 locations across the South and Texas [2] - The bank offers a wide range of banking, investment, trust, and mortgage products and services to meet the needs of individuals, businesses, and corporations [2] Group 2 - Cadence Bank has been recognized as one of the nation's best employers by Forbes and U.S. News & World Report, and as one of America's Best Banks by Forbes in 2025 [2] - The bank has a long history of nearly 150 years of service to its customers [2]