New Mountain Finance Corporation (NASDAQ: NMFC), also known as “New Mountain” or the “Company,” has released its financial results for the second quarter ending June 30, 2024. Second Quarter Highlights: Financial Summary: Q2 2024 Q2 2023 Net Investment Income per…
The parent company of CommerceWest Bank, CW Bancorp, reported consolidated net income of $3,084,000 or $1.00 per diluted share for Q2 2024, a decrease from $4,214,000 or $1.27 per diluted share in Q2 2023. This represents a 21% drop in…
Blackstone Real Estate and MRP Group have announced an extension of their all-cash tender offer for Terrafina (BMV 13). Effective July 10, 2024, a Mexican trust formed by their affiliates has extended the offer until 14:00 Mexico City time on…
CMG Mortgage, Inc. Implements FICO’s Most Predictive and Innovative Score FICO, a leading analytics software firm, has announced that CMG Mortgage, Inc., the retail lending arm of the well-capitalized and privately held mortgage banking firm CMG Financial, has adopted FICO®…
Metropolitan Bank Holding Corp. Announces Q2 2024 Financial Results Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the parent company of Metropolitan Commercial Bank (the “Bank”), reported a net income of $16.8 million, or $1.50 per diluted common share, for…
Kish Bancorp, Inc. Reports Strong Second Quarter and First Half 2024 Results Kish Bancorp, Inc. (OTCQX: KISB), parent company of Kish Bank, announced its financial results for the second quarter and first half of 2024. The company reported net income…
Omnia Family Wealth Appoints Lawrence Muscant as Executive Vice President Omnia Family Wealth is pleased to announce the appointment of Lawrence Muscant as Executive Vice President, effective July 15, 2024. Muscant brings a wealth of expertise in economics, geopolitics, and…
XA Investments (XAI), an alternative investment management firm, has announced plans to become the investment adviser to the Madison Covered Call & Equity Strategy Fund (NYSE: MCN), a $146 million listed closed-end fund, pending shareholder approval. Madison Investments will continue…
H.I.G. Capital, a prominent global alternative investment firm managing $64 billion in capital, has announced the signing of a definitive agreement to acquire CGH Group S.A. (CGH), a key player in the production of large, engineered storage tanks and tank…
With Beneficial Ownership Information (BOI) reporting requirements now effective under the Corporate Transparency Act (CTA), Wolters Kluwer CT Corporation is addressing numerous inquiries from businesses and individuals regarding exemptions for “large operating companies.” CT Corporation’s online BOI resources aim to…
AM Best has affirmed AVLA Perú Compañía de Seguros S.A.’s (AVLA) Financial Strength Rating of B++ (Good) and its Long-Term Issuer Credit Rating of “bbb” (Good), with both ratings maintaining a stable outlook. AVLA’s ratings reflect its very strong balance…
Watt Plaza has signed a 10-year lease agreement with Esquire Bank, a premier commercial bank serving the legal industry and small businesses. The 3,800-square-foot ground-floor location at the corner of Century Park East and Constellation Blvd. is expected to open…
