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What to Expect From Citizens Financial's Q4 2025 Earnings Report
Yahoo Finance· 2025-12-19 09:32
Providence, Rhode Island-based Citizens Financial Group, Inc. (CFG) provides retail and commercial banking products and services. Valued at $25.2 billion by market cap, CFG offers consumer and commercial loans, mortgage finance, deposit products, retail and commercial banking, asset management, and trust services. The bank holding company is expected to announce its fiscal fourth-quarter earnings for 2025 in the near future. Ahead of the event, analysts expect CFG to report a profit of $1.12 per share on ...
Mendon Capital Bets Big on Regional Bank, According to SEC Filing
The Motley Fool· 2025-12-08 22:42
Mendon Capital bought nearly $7.8 million worth of Simmons First National stock during the third quarter.Mendon Capital Advisors reported a new position in Simmons First National Corporation (SFNC +0.99%) on its November 14, 2025, SEC filing, acquiring 406,570 shares valued at $7,793,947.What HappenedAccording to a filing with the U.S. Securities and Exchange Commission dated November 14, 2025, Mendon Capital Advisors initiated a new equity position in Simmons First National Corporation during the third qua ...
Southside Bancshares, Inc. Announces Dual Listing on NYSE Texas
Globenewswire· 2025-11-24 16:57
Core Viewpoint - Southside Bancshares, Inc. announced a dual listing of its common stock on NYSE Texas, enhancing its presence in the Texas market and aiming to increase shareholder value [1][2]. Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, with approximately $8.38 billion in assets as of September 30, 2025 [4]. - The company operates 53 branches, two loan production offices, and a network of 70 ATMs/ITMs across East Texas, Southeast Texas, Dallas/Fort Worth, and Austin [4]. - Southside Bank has been serving customers since 1960, offering a comprehensive range of financial products and services, including consumer and commercial loans, mortgages, deposit accounts, and wealth management [4]. Listing Details - The company will maintain its primary listing on the New York Stock Exchange and will trade under the same "SBSI" ticker symbol on NYSE Texas, with trading expected to commence on November 25, 2025 [3].
Is Mechanics Bancorp Stock a Buy After Investment Firm Acuitas Initiated a Large Position in the Bank?
The Motley Fool· 2025-11-04 05:32
Core Insights - Acuitas Investments initiated a new position in Mechanics Bancorp, purchasing 105,281 shares valued at approximately $5.10 million during Q3 2025, representing 3.28% of Acuitas' $155.77 million U.S. equity portfolio [1][2][10] Company Overview - Mechanics Bancorp reported trailing twelve-month (TTM) revenue of $586.19 million and net income of $186.08 million as of September 30, 2025 [4][5] - The company's stock price was $13.39 as of October 31, 2025, reflecting a 43.4% increase over the past year, outperforming the S&P 500 by 23.9 percentage points [2][4] Financial Performance - Mechanics Bancorp's Q3 2025 net income was $55.2 million, a significant increase from $39.9 million in 2024, with a strong balance sheet showing $1.4 billion in cash and equivalents against total long-term debt of $190.1 million [10][11] - The company completed the acquisition of HomeStreet Bank on September 2, 2025, increasing its total assets to $22.7 billion, up $6.1 billion from Q2 [10] Business Model - Mechanics Bancorp operates as a regional financial institution with a diversified product portfolio, including checking and savings accounts, consumer and commercial loans, equipment financing, cash management, wealth management, and digital banking solutions [5][6] - The bank serves individual consumers, small businesses, and middle-market enterprises across California, with a branch network of 166 locations concentrated in major metropolitan and regional markets [7][10] Investment Outlook - The initiation of a significant stake in Mechanics Bancorp by Acuitas Investments indicates a bullish outlook towards the company, supported by its strong financials and market position [10][12]
Jim Cramer on Capital One: “I Feel Emboldened on This One”
Yahoo Finance· 2025-10-22 11:29
Group 1 - Capital One Financial Corporation (NYSE:COF) is highlighted as a stock with potential for a positive earnings report, especially following a strong quarter from American Express [1] - Jim Cramer believes the recent decline in Capital One's stock price is an overreaction, suggesting that the stock should be valued around the $230 range and that it is a good buying opportunity [2] - Cramer emphasizes that as the economy weakens and the Federal Reserve cuts rates, Capital One is a stock to buy, countering the view that it should be bet against during economic downturns [2] Group 2 - Capital One provides a range of banking and lending services, including credit cards, consumer and commercial loans, and deposit products [2] - There is a mention of analysts revising their price targets downward for Capital One, which Cramer criticizes as shortsighted [2]
Southside Bancshares, Inc. Announces Third Quarter Earnings Call
Globenewswire· 2025-10-10 21:28
Core Viewpoint - Southside Bancshares, Inc. will release its third quarter financial results on October 24, 2025, and will host a conference call to discuss these results [1][2]. Group 1: Financial Results Announcement - Southside Bancshares, Inc. is set to announce its third quarter financial results before the market opens on October 24, 2025 [1]. - A conference call will be held on the same day at 11:00 a.m. CDT to discuss the financial results [1][2]. Group 2: Conference Call Details - The conference call will be hosted by key executives including the CEO, President, CFO, and VP of Investor Relations [2]. - Participants can access the call via webcast or by registering for a dial-in number [3][4]. - A recording of the conference call will be available on the company website for at least 30 days after the event [5]. Group 3: Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, with approximately $8.34 billion in assets as of June 30, 2025 [6]. - The company operates 53 branches and a network of 70 ATMs/ITMs across East Texas and major metropolitan areas [6]. - Southside Bank offers a comprehensive range of financial products and services, including loans, mortgages, deposit accounts, and wealth management [6].
Southside Bancshares, Inc. to Ring NYSE Opening Bell to Celebrate 65th Anniversary
Globenewswire· 2025-07-25 16:00
Core Points - Southside Bancshares, Inc. will celebrate the 65th anniversary of Southside Bank by ringing the opening bell at the New York Stock Exchange on July 28, 2025 [1][2] - CEO Lee R. Gibson emphasized the company's commitment to supporting Texas communities since its inception in 1960, highlighting the milestone as a reflection of the team's hard work and dedication [2] - As of June 30, 2025, Southside Bancshares, Inc. has approximately $8.34 billion in assets and operates 53 branches and 71 ATMs/ITMs across East Texas and major metropolitan areas [3] Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, and wholly owns Southside Bank, which has been serving customers since 1960 [3] - The bank offers a comprehensive range of financial products and services, including consumer and commercial loans, mortgages, deposit accounts, treasury management, and wealth management [3] - The company maintains a community-focused approach, aiming to help individuals and businesses thrive in their respective communities [3]
Southside Bancshares, Inc. Announces First Quarter Earnings Call
Globenewswire· 2025-04-15 20:45
Core Points - Southside Bancshares, Inc. will release its first quarter financial results on April 29, 2025, before market opens [1] - A conference call to discuss the results will be held on the same day at 11:00 a.m. CST [1][2] - The call will feature CEO Lee R. Gibson, President Keith Donahoe, CFO Julie Shamburger, and VP of Investor Relations Lindsey Bailes [2] Conference Call Details - The conference call can be accessed via webcast for listen-only mode on the company website [3] - Participants wishing to join the Q&A session can register online to receive the dial-in number and unique access code [4] - A recording of the webcast will be available for at least 30 days after the event [5] Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, with approximately $8.52 billion in assets as of December 31, 2024 [6] - The company operates 53 branches and a network of 72 ATMs/ITMs across East Texas and major metropolitan areas [6] - Southside Bank offers a full range of financial products and services, including loans, mortgages, deposit accounts, and wealth management [6]