INDIANA, Pa., Jan. 09, 2026 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, January 28, 2026 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended December 31, 2025. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Off ...

SANDUSKY, Ohio, Dec. 19, 2025 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that it will issue its fourth quarter 2025 financial results prior to market open on Thursday, January 29, 2026. Civista Bancshares, Inc. will also host a conference call and webcast at 1:00 p.m. Eastern Time on Thursday, January 29, 2026, to discuss its financial results.  Analysts may participate in the question-and-answer session. Conference Call, Replay and Webcast Information: Date:  Thursd ...

When Dave from LA called The Ramsey Show, he was looking for help out of a “crazy” situation (1). Dave went through a family crisis a few years earlier that was “life or death,” he told the hosts. Unfortunately, because of it he went into a whopping $140k of credit card debt. Must Read Thankfully, the crisis was resolved and “the money was well spent,” he said, but the fallout is brutal. Dave has since been juggling multiple credit cards with balances of $22,000, $30,000 and more, at 25 to 32% interest ...

Core Insights - Pinnacle Financial Partners will merge with Synovus Financial Corp. in January 2026, with the combined firm set to release its fourth quarter 2025 financial results on January 21, 2026, after market close [1] - A live webcast to discuss the financial results and business outlook will take place on January 22, 2026, at 8:30 a.m. ET [1] Pinnacle Financial Partners - Pinnacle Financial Partners offers a comprehensive range of banking, investment, trust, mortgage, and insurance services, primarily targeting businesses and individuals seeking a robust financial relationship [3] - As of September 30, 2025, Pinnacle has approximately $56.0 billion in assets and is the second-largest bank holding company headquartered in Tennessee [4] - The firm is recognized as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA based on 2025 FDIC deposit data and has been listed as one of America's Best Banks to Work For for 12 consecutive years [3][4] Synovus Financial Corp. - Synovus Financial Corp. is based in Columbus, Georgia, with around $60 billion in assets, providing a wide array of financial services including commercial and consumer banking, wealth services, and capital markets [5] - As of September 30, 2025, Synovus operates 244 branches across five states: Georgia, Alabama, Florida, South Carolina, and Tennessee [5]

Core Insights - Wells Fargo Investment Institute (WFII) anticipates that favorable economic and policy trends will create a variety of investment opportunities by 2026, despite ongoing uncertainties in policy and technology spending [1] Economic and Policy Trends - Business tax cuts for capital spending are expected to encourage business expansion and modernization, while lower borrowing costs and deregulation may enhance hiring, productivity, and earnings growth [2] - The report emphasizes the importance of focusing on fundamental signals such as policy tailwinds and technological transformation rather than daily market volatility [3] Investment Preferences - WFII favors U.S. large- and mid-cap equities, industrial and precious metals, and a full international equity allocation, while recommending intermediate maturities in investment-grade securities due to lower short-term rates [3] - The report suggests that lower interest rates and new tax advantages will bolster technology and artificial intelligence spending, advising investors to focus on valuations to avoid overextended stocks [3] Investment Ideas for 2026 - Key investment ideas include focusing on technology's potential, exploring digital assets, complementing U.S. equity with international opportunities, positioning for lower short-term rates, and utilizing alternatives and private assets [6] - The anticipated U.S. GDP growth for 2026 is projected at 2.4%, with consumer price inflation expected at 2.8% and the S&P 500 Index price target range set between 7,400 and 7,600 [6]

Core Viewpoint - First Commonwealth Financial Corporation has authorized a new $25 million share repurchase program following the completion of a previous program of the same amount, indicating a commitment to returning value to shareholders [1][2]. Group 1: Share Repurchase Program - The new share repurchase program is set at $25 million, allowing management to repurchase shares through various methods, including open market purchases and privately negotiated transactions [1][2]. - The previous repurchase program resulted in the buyback of 1,560,477 shares at a weighted average price of $16.02 [1]. Group 2: Company Overview - First Commonwealth Financial Corporation is headquartered in Indiana, Pennsylvania, and operates 127 community banking offices across 30 counties in western and central Pennsylvania and Ohio [3]. - The company offers a comprehensive range of financial services, including commercial banking, consumer banking, mortgage, equipment finance, wealth management, and insurance products through its subsidiaries [3].

Core Viewpoint - Popular, a regional bank serving Puerto Rico and beyond, reported significant insider selling by Richard L. Carrion amid an 18.7% one-year total return [1][4]. Transaction Summary - Richard L. Carrion sold 25,000 shares for approximately $2.8 million, reducing his direct ownership from 218,020 shares to 193,020 shares, which now have a post-transaction value of about $21.8 million [2][6]. - The shares were sold at a weighted average price of $113.50 per share, while the stock closed at $112.86 on the transaction date [6]. Company Overview - Popular generated a revenue of $2.98 billion and a net income of $775.66 million over the trailing twelve months (TTM) [4]. - The company has a dividend yield of 2.68% and a one-year price change of 18.69% as of November 24, 2025 [4]. Insider Trading Context - The sale represented 11.47% of Carrion's direct holdings prior to the transaction [6]. - This transaction is notable as it is the only open-market sale by Carrion in the past two years, with previous filings being administrative entries [6]. Stock Performance - Popular's stock has been performing well, with a net interest income of $646.5 million in Q3 2025, up from $572.5 million in 2024, contributing to a net income of $211.3 million compared to $155.3 million in the prior year [11]. - The stock reached a 52-week high of $129.32 in September 2025, and analysts predict an average price target of $143.11 as of November 28, 2025 [10]. Investment Perspective - Despite the insider selling, there is no immediate concern for shareholders, as Carrion retains over 193,000 direct shares and an additional 74,467 shares indirectly [9]. - Popular's price-to-earnings ratio of 10 is lower than it has been for most of the past year, indicating that the stock may be undervalued and suggesting it could be a good time to buy [12].

Core Insights - The article discusses the financial struggles of a couple, Josh and his wife, who took out a $105,000 home equity line of credit (HELOC) for home renovations but are now only making interest payments, leading to frustration and stagnation in debt repayment [4][3][11] Financial Situation - Josh and his wife have a dual income of approximately $11,500 per month, no mortgage payments, and four children in private school costing around $3,700 monthly [4] - They currently owe just over $65,000 on the HELOC and are paying $450 monthly in interest on a variable rate [3][4] - The couple's financial comfort led them to take on a large loan without fully considering the long-term implications [8][9] Spending and Debt Management - The hosts, Warshaw and Cruze, highlighted that Josh could afford to pay more towards the HELOC, suggesting he could pay $1,000 a month [2][3] - They emphasized the importance of cutting discretionary spending, such as dining out and vacations, to prioritize debt repayment [5][11] - Josh expressed reluctance to pause retirement contributions to focus on paying off the HELOC, indicating a lack of urgency in addressing the debt [11][12] Lifestyle Factors - The couple's situation exemplifies "lifestyle creep," where increased financial comfort leads to higher spending without adequate planning for debt repayment [8][9] - The hosts advised against converting the HELOC into a mortgage, as it would extend the debt duration and potentially increase financial risk [10][11] Recommendations for Borrowers - The article provides several recommendations for individuals considering borrowing for home renovations, including budgeting before borrowing, choosing the right financing, and matching payment schedules to financial goals [12] - It suggests avoiding the conversion of credit lines to long-term debt unless there is a clear plan for repayment [12]

Core Viewpoint - The merger between Pinnacle Financial Partners and Synovus Financial Corp has received regulatory approval and is expected to close on January 1, 2026, following shareholder approval on November 6, 2025 [1][15]. Company Overview - Pinnacle Financial Partners has approximately $56 billion in assets as of September 30, 2025, and is recognized as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA according to 2025 FDIC deposit data [5][6]. - Synovus Financial Corp has around $60 billion in assets and operates 244 branches across five states, providing a full suite of banking services [7]. Merger Details - The combined entity will have total assets of $116 billion, with headquarters in Atlanta, GA, and Pinnacle Bank based in Nashville, TN [4]. - Integration teams are actively working on plans for operational continuity and brand integration, with full system conversions expected in the first half of 2027 [3]. Leadership and Strategic Goals - Kevin Blair, CEO of Synovus, will serve as the president and CEO of the combined company, while Terry Turner, CEO of Pinnacle, will be the chairman of the board post-merger [2]. - The merger aims to leverage the strengths of both organizations to accelerate growth and enhance service delivery to clients and communities [2][4].

Core Insights - Wells Fargo & Company (NYSE:WFC) is currently viewed as a highly profitable stock, with recent buy ratings from analysts at Truist Financial and Barclays, the latter setting a price target of $94 [1][2] - The company's fiscal Q3 2025 results showed a 5.25% year-over-year revenue growth to $21.44 billion, exceeding estimates by $272.33 million, and an EPS of $1.73, which was $0.19 above expectations [2] - Strategic initiatives presented by CFO Mike Santomassimo at the BancAnalysts Association of Boston Conference emphasize the bank's goal for best-in-class returns and a CET1 ratio target of 10%-10.5%, currently at 11% [3] Financial Performance - Revenue growth of 5.25% year-over-year to $21.44 billion, surpassing estimates by $272.33 million [2] - EPS reported at $1.73, exceeding estimates by $0.19 [2] - Management attributes revenue growth to increased net interest income and strong fee-based income from consumer and commercial sectors [2] Strategic Initiatives - CFO Mike Santomassimo outlined the bank's aim for best-in-class returns across all business segments [3] - The bank targets a CET1 ratio of 10%-10.5%, currently at 11% [3] - Achieved $15 billion in gross savings over the past five years, allowing for increased spending on company improvements [3]