Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series F Preferred Stock
Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.59036756 per share. The dividend is payable on September 15, 2025,…
loanDepot Founder and Chairman of the Board Anthony Hsieh Named Permanent CEO
loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, “loanDepot” or the “Company”) today announced that Company Founder and Chairman of the Board Anthony Hsieh has been appointed permanent Chief Executive Officer by its Board of Directors, effective immediately. Hsieh has…
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
MFS Investment Management® (MFS®) released today the distribution income sources for five of its closed-end funds for July 2025: MFS® Charter Income Trust (NYSE: MCR), MFS® Government Markets Income Trust (NYSE: MGF), MFS® Intermediate High-Income Fund (NYSE: CIF), MFS® Intermediate Income Trust (NYSE: MIN) and…
Pathward Financial, Inc. Announces Preliminary Results for 2025 Fiscal Third Quarter
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $42.1 million, or $1.81 per share, for the three months ended June 30, 2025, compared to net income of $44.9 million, or $1.78 per share, for the…
Enterprise Financial Services Corp Reports Second Quarter 2025 Results
Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company” or “EFSC”), today announced financial results for the second quarter of 2025. “Our second quarter results demonstrated expansion in net interest income and net interest margin, continuing the strong start to 2025,”…
KBRA Comments on Colony Bankcorp, Inc.’s Proposed Acquisition of TC Bancshares, Inc.
KBRA Comments on Colony Bankcorp, Inc.’s Proposed Acquisition of TC Bancshares, Inc. Fitzgerald, GA-based Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony”), parent company of Colony Bank, and Thomasville, GA-based TC Bancshares (OTCQX: TCBC) (“TC Bancshares”), parent company of TC Federal Bank,…
US Metro Bancorp Announces Second Quarter 2025 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.5 million in the second quarter of 2025, compared to $2.6 million in…
Generational Group Advises Bingo Pro, Inc. & Berri Books, Inc. in its Sale to Nakani Capital Partners
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Bingo Pro, Inc. & Berri Books, Inc. to Nakani Capital Partners. The acquisition closed June 13, 2025. Based in Sudbury,…
BancPlus Corporation Announces Quarterly Cash Dividend
BancPlus Corporation, the holding company for BankPlus, today announced that on July 24, 2025, its Board of Directors declared a quarterly cash dividend of $0.50 per share of its common stock. The cash dividend is equivalent to an annualized dividend…
Ledyard Financial Group Reports Q2 2025 Earnings and Declares Quarterly Dividend
Ledyard Financial Group, Inc. (the “Company”, OTCQX®: LFGP), the holding company for Ledyard National Bank (the “Bank”), today announced financial results for Q2 2025. Quarterly net income per share increased to $0.39 from $0.36 in the prior quarter (up 8%),…
AM Best Assigns Credit Ratings to PPS Mutual Limited
AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to PPS Mutual Limited (PPS Mutual) (New Zealand). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect…
Tompkins Financial Corporation Reports Improved Second Quarter Financial Results
Tompkins Financial Corporation (“Tompkins” or the “Company”) reported diluted earnings per share of $1.50 for the second quarter of 2025, up 9.5% from the immediate prior quarter, and up 36.4% from the diluted earnings per share of $1.10 reported for…