Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000…
ThetaRay, a global leader in Cognitive AI financial crime compliance, released its U.S. Banking & Fintech Trust Report 2025, offering new insights into consumer attitudes toward anti-money laundering (AML) practices. The report reveals that 84% of consumers would switch banks if…
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has entered into a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P.…
Paysign, Inc. (NASDAQ: PAYS), a leading provider of prepaid card programs, comprehensive pharma patient affordability offerings, financial technology products and integrated payment processing, today announced financial results for the second quarter 2025. “Q2 2025 was a milestone quarter for Paysign,” said…
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, 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…
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…
More than $1.2 million in funding was awarded to 42 community-based organizations by the Federal Home Loan Bank of Dallas (FHLB Dallas) and 34 member institutions. FHLB Dallas members provided $208,500 in funding, and FHLB Dallas contributed $1 million in…
KBRA releases research on recent developments in federal student loan default collection policies and their likely impact on securitized consumer credit fundamentals. The Department of Education (DOE) on April 21 announced it would resume collections on defaulted student loans starting…
WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced the name change of the WisdomTree Alternative Income Fund to the WisdomTree Private Credit and Alternative Income Fund (HYIN or “the Fund”). The Fund remains listed on the CBOE and has…
Oregon State Credit Union is pleased to announce it has awarded 10 local students with $2,500 college scholarships in recognition of their academic achievements, community involvement, extracurricular activities, and work experiences. “These exceptional students have contributed to their schools and…
Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2.…
