AM Best Associate Director Featured on Insurance Nerds’ Assignment of Benefits Podcast, Discusses DUAE Market Trends
Dawn Walker, Associate Director of Industry Relations – DUAE at AM Best, recently appeared on the Insurance Nerds’ Assignment of Benefits Podcast, which has been spotlighting Florida’s insurance market, to discuss the current state of the Delegated Underwriting Authority Enterprise…
Tompkins Financial Corporation Announces Q2 Financial Results
Tompkins Financial Corporation (“Tompkins” or the “Company”) announced diluted earnings per share (EPS) of $1.10 for the second quarter of 2024. This represents a 6.8% decline from the previous quarter but an 86.4% increase compared to $0.59 EPS in the…
Premier Financial Corp. Reports Q2 2024 Results and Reveals Strategic Merger with Wesbanco, Inc
Premier Financial Corp. (Nasdaq: PFC) (“Premier”) today revealed its second-quarter 2024 results alongside the signing of a definitive merger agreement with Wesbanco, Inc. (Nasdaq: WSBC). Effective July 26, 2024, PFC and WSBC have entered into a merger agreement, with PFC…
MNT-Halan Expands into Turkey with Full Acquisition of Leading Finance Company Tam Finans
MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a prominent commercial finance company in Turkey with a loan portfolio exceeding US $300 million. The acquisition was made from Actera Group, Turkey’s leading private equity firm, and…
Wolters Kluwer Receives Five ‘Category Leader’ Titles and Two ‘Best-of-Breed’ Awards from Chartis Research
Wolters Kluwer has been distinguished for its expertise in key governance, risk, and compliance areas, according to the 2024 Integrated GRC Solutions, Market Update, and Lender Landscape report by Chartis Research. The company secured five “Category Leader” designations and two…
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Announces Monthly Distribution
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) has declared a distribution of $0.035 per share of common stock. This distribution will be payable on September 3, 2024, to shareholders of record as of the…
Fund Announcements on Share Repurchase Extensions
Extension of Share Repurchase Programs by Three Funds The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) announced that their Boards of Directors have approved…
First Business Bank Announces Q2 2024 Net Income of $10.2 Million
First Business Financial Services, Inc. (Nasdaq: FBIZ) announced a quarterly net income available to common shareholders of $10.2 million, with earnings per share of $1.23 on a diluted basis. This marks an improvement from $8.6 million, or $1.04 per share,…
Horizon Bank Partners with Blend to Enhance Mortgage Lending Platform
Horizon Bank Partners with Blend to Enhance Mortgage Lending Platform Horizon Bank, an $8 billion financial institution and a division of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), one of the largest independent bank holding companies in the Midwest, has announced…
PCB Bancorp Extends Stock Repurchase Program
PCB Bancorp (NASDAQ: PCB), the holding company of PCB Bank, announced that its Board of Directors approved an amendment to the company’s stock repurchase program. Initially approved on August 2, 2023, the original program authorized the repurchase of up to…
The Hartford Reports Exceptional Financial Results for Q2 2024
The Hartford (NYSE: HIG) has released its financial results for the second quarter ending June 30, 2024. “The Hartford’s second quarter 2024 financial results were outstanding with a trailing 12-month core earnings ROE of 17.4 percent,” said The Hartford’s Chairman…
Clearspeed and Deloitte Partner to Enhance Risk Assessment in the Public Sector
Clearspeed, a leading provider of voice analytics technology for risk assessment across government, insurance, banking, and security sectors, is partnering with Deloitte’s U.S. government and public services practice (GPS). This collaboration combines Clearspeed’s accurate and impartial risk identification services with…