United Bankshares, Inc. (“United”) (NASDAQ: UBSI), the parent company of United Bank, and Piedmont Bancorp, Inc. (“Piedmont”), the parent company of The Piedmont Bank, have officially announced a definitive merger agreement where United will acquire Piedmont. This strategic move will…
Lazard, Inc. (NYSE: LAZ) has announced that Michele Colocci will join the firm on June 3, 2024, as Vice Chairman of Investment Banking and Managing Director of Healthcare. Based in London, Mr. Colocci’s appointment marks an acceleration in the growth…
MANTL, a leading provider of omnichannel account origination solutions, proudly announces its recognition as one of the Best Places to Work in Financial Technology by American Banker in 2024. This marks the third consecutive year that MANTL has secured a…
Northern Trust, a prominent provider of wealth management services, has been awarded two prestigious titles by the Financial Times and PWM’s Wealth Tech Awards: Best Private Bank in the US for Digital Wealth Planning and Best Digital Innovator of the…
Bankjoy, a leading digital banking provider, recently hosted its annual client conference at Elevate 2024. The event took place from April 17-19 at the Silverado Resort in Napa, California, attracting executives from financial institutions across the United States, including banks,…
NPCI International Payments Limited (NIPL), the overseas arm of India’s National Payments Corporation of India (NPCI), has inked a pact with the Bank of Namibia (BoN) to aid in establishing an instant payment system akin to India’s Unified Payment Interface…
Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2024 of $2,453,000, compared to net income of $2,723,000 for the same period in 2023. The decrease in net income from the…
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, scheduled to be paid on May 23, 2024, to shareholders of record as of the close…
2024 First Quarter Highlights compared with 2023 Fourth Quarter: ___________________________________________________________ (1) Annualized.(2) Includes loans held for sale.(3) Includes special mention, substandard, doubtful, and loss categories. April 25, 2024 04:45 PM Eastern Daylight Time LOS ANGELES–(BUSINESS WIRE)–OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding…
Financial Performance: Financial Position and Operations: Dividend Declaration: CEO Statement: Heath Fountain, Chief Executive Officer, expressed satisfaction with the improved operating results for Q1, highlighting the continued enhancement in complementary lines of business contributing to increased noninterest income. Despite a…
Independent Bank Corp. (Nasdaq Global Select Market: INDB), the parent company of Rockland Trust Company, has announced a first quarter net income of $47.8 million for 2024, equivalent to $1.12 per diluted share. This compares to a net income of…
Robust Commercial Bank Franchise Demonstrates Resilience Amid Challenging Macroeconomic Climate Metropolitan Bank Holding Corp. showcased its steadfastness in a challenging macroeconomic landscape, emphasizing a strong commercial bank franchise. The company’s investment in core banking digital transformation is currently underway, positioning…
