Republic Bancorp, Inc. Reports $25.2 Million Net Income for Q2 2024
Republic Bancorp, Inc. Reports $25.2 Million Net Income for Q2 2024 Republic Bancorp, Inc. (“Republic” or the “Company”) announced a net income of $25.2 million for the second quarter of 2024, translating to Diluted Earnings per Class A Common Share…
AM Best Reaffirms Credit Ratings for Quanta Insurance Company, Inc
AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a-” (Excellent) for Quanta Insurance Company, Inc. (QIC) based in Houston, TX. The outlook for these ratings remains stable. The…
MUFG Bank, Ltd. Announces Document Submission Details for Financial Services Agency Administrative Actions
MUFG Bank and MUMSS Address Financial Services Agency’s Business Improvement Orders and Reporting Requests The Financial Services Agency (FSA) of Japan has issued business improvement orders to MUFG Bank and MUMSS under Articles 51, paragraph 2 and 51 of the…
Absa Bank Appoints LTIMindtree as Strategic Technology Partner for Transformation
LTIMindtree Expands Multi-Million Dollar Partnership with Absa Bank to Drive Digital Transformation LTIMindtree [NSE: LTIM, BSE: 540005], a global leader in technology consulting and digital solutions, has announced the extension of a multi-million dollar contract with Absa Bank, Africa’s leading…
KBRA Issues Preliminary Ratings for BX 2024-BIO2
KBRA has assigned preliminary ratings to four classes of BX 2024-BIO2, a single-borrower CMBS securitization. The transaction is backed by a $560.0 million portion of a $760.0 million non-recourse, first lien mortgage loan. This fixed-rate loan has a five-year term…
State Street Corporation Announces Dividends for Common Stock and Non-Cumulative Perpetual Preferred Stock Series G, H, and I
State Street Corporation (NYSE: STT) has announced a quarterly cash dividend of $0.76 per share on its common stock. This dividend, representing a 10% increase from the previous quarter’s $0.69 per share, will be payable on October 11, 2024, to…
Citigroup Announces Dividend for Common Stock and Preferred Stock
Citigroup Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.56 per share on Citigroup’s common stock. This dividend is payable on August 23, 2024, to stockholders of record as of August 5, 2024. The…
KBRA Assigns Preliminary Ratings to Avant Loans Funding Trust 2024-REV1
KBRA has assigned preliminary ratings to five classes of notes issued by Avant Loans Funding Trust 2024-REV1 (“AVNT 2024-REV1”), an unsecured consumer loan ABS transaction. The initial hard credit enhancement levels range from 51.48% for the Class A Notes to…
Oregon Pacific Bancorp Reports Q2 2024 Earnings Results
Oregon Pacific Bancorp (ORPB) Announces Q2 2024 Financial Results Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, has released its financial results for the second quarter ending June 30, 2024. Key Highlights: Financial Performance: Net income for…
Metropolitan Bank Holding Corp. Announces Q2 2024 Financial Results
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. Posts Second Quarter 2024 Net Income of $3.2 Million and $6.2 Million for the First Half of 2024
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 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…