OTTAWA, May 02, 2022 (GLOBE NEWSWIRE) — The Canada Deposit Insurance Corporation (CDIC) is ushering in the second phase of changes to further expand and strengthen deposit protection. The following changes are in effect as of April 30, 2022: Separate coverage for up to $100,000 in eligible deposits held in Registered Education Savings Plans (RESPs) Separate coverage […]
Leading Data Platform Provider Will Feature Its Aunalytics Daybreak for Financial Services at Banking and Credit Union Events Throughout May SOUTH BEND, Ind., May 02, 2022 (GLOBE NEWSWIRE) — Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today its participation in nine banking and credit union events in May. The company […]
Companies Profiled In Insurtech Market are Damco Group, DXC Technology Company, Majesco, Oscar Insurance, OutSystems NEWARK, Del., May 01, 2022 (GLOBE NEWSWIRE) — The insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a mere market value of US$ 12.5 Bn in 2021. It is predicted to with […]
WOOSTER, Ohio, April 29, 2022 (GLOBE NEWSWIRE) — On April 28, 2022, Wayne Savings Bancshares, Inc. (OTCQX: WAYN) (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”). The inspector of elections delivered its final report of voting results for each of the matters submitted to a vote. Proposal 1: To elect three […]
Proceeds from trailblazing social bond backed by consumer auto loans will be used to expand financial inclusion and fuel upward financial mobility for credit invisible Hispanics DALLAS, April 29, 2022 (GLOBE NEWSWIRE) — Tricolor today announced a $212 million social bond, the first ever in the United States collateralized by consumer auto asset backed securities […]
Chief Operating Officer to Retire, Chief Digital Officer joins Senior Leadership Team and President of HR promoted to Chief People Officer LAKEWOOD, Colo., April 29, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good”, announced Chief Operating Officer (COO), Emily Robinson will retire on […]
Christian Marcussen, CDO – “This opens the door to implementing the kinds of strategies and technologies that will significantly enhance iLending’s digital platforms.” Englewood, CO, April 29, 2022 (GLOBE NEWSWIRE) — iLending, a national leader in automotive refinancing, is pleased to announce that Christian Marcussen has been named Chief Digital Officer. In this role, Mr. […]
Ackroo maintains operating efficiency HAMILTON, Ontario, April 29, 2022 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to report audited annual revenues of $5,977,541 including $5,001,139 of annual recurring revenue for the period ended December 31st, 2021. This represents similar […]
JONESTOWN, Pa., April 29, 2022 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (JBTC) reported quarterly earnings of $1,385,000 or $0.57 per share for the first quarter of 2022 versus $1,402,000 or 0.58 per share in the prior year. “Earnings were positively affected by a 3.4% increase in net interest income, but non-interest income fell by 11%, […]
PORT ANGELES, Wash., April 29, 2022 (GLOBE NEWSWIRE) — First Northwest Bancorp (Nasdaq: FNWB) Q1 2022 Net Income Q1 2022 Diluted Earnings Per Share Q1 2022 Net Interest Margin Book Value per Share $2.8 million $0.30 3.53% $17.77 $17.561, excluding goodwill and intangibles CEO Commentary “We made good progress in the first quarter, continuing to build First Fed into a leading, fintech-enabled […]
SAN JOSE, Calif., April 28, 2022 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter 2022 net income of $12.9 million, or $0.21 per average diluted common share, compared to $11.2 million, or $0.19 per average diluted common share, for […]
Disciplined Loan Growth, Strong Deposit Growth, and Rising Net Interest Margin Highlight Q1 Results Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., April 28, 2022 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the first quarter of 2022 of $20.6 million, or […]
Shreveport, Louisiana, April 28, 2022 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended March 31, 2022 of $1.3 million compared to net income of $1.4 million reported for the three months ended March 31, 2021. […]
MONTEVIDEO, Uruguay, April 28, 2022 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its first fiscal quarter ended March 31st, 2022, on May 5th, 2022. The Company will host its first earnings results video conference, as well as the traditional conference call and audio webcast on May 5th, at […]
HAMMOND, La., April 28, 2022 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending March 31, 2022. The momentum we have built over 9 consecutive quarters carried strongly over into the first quarter of 2022. Net earnings for […]
Strong Q1 Earnings Set Pace for 2022 PHOENIX, April 28, 2022 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCBB: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $374,000, or $0.21 per share, for the quarter ended March 31, 2022. Republic Bank of Arizona announced […]
The treasury and risk management market size is expected to grow from $4.73 billion in 2021 to $7.15 billion by 2028; it is estimated to grow at a CAGR of 6.1% during 2021–2028. New York, April 28, 2022 (GLOBE NEWSWIRE) — The Insight Partners published latest research study on “Treasury and Risk Management Market Forecast […]
Active in Banking and Real Estate for More than 50 Years, Allen Tucker Served as a Unity Director since 1995 Unity Bank Board Vice Chairman Allen Tucker Retires, Succeeded by Son Aaron Allen Tucker, retired Vice Chairman of the Unity Bank Board of Directors, (from left) James A. Hughes, Unity President & CEO, and David […]
FORESIGHT ENTERPRISE VCT PLC Final results 31 December 2021 Foresight Enterprise VCT plc, managed by Foresight Group LLP, today announces the final results for the year ended 31 December 2021. These results were approved by the Board of Directors on 28 April 2022. The Annual Report will shortly be available in full at www.foresightenterprisevct.com. All other […]
VizyPay received the accolades for its payment processing application VizyPOS and for the company’s outstanding 8,000% growth WAUKEE, Iowa, April 28, 2022 (GLOBE NEWSWIRE) — VizyPay, an industry-leading payment processing company for small businesses, today announces it has been honored with two Silver Stevie® Awards in the 20th Annual American Business Awards®. VizyPay was awarded […]
LOS ANGELES, April 28, 2022 (GLOBE NEWSWIRE) — BlueOne Card, Inc. (“BlueOne Card”, “Company”) (OTC OTCQB: BCRD), is pleased to announce they have completed the delivery of 30,000 BlueOne Prepaid MasterCards to the Agency Tribal Nations Federal Land Management of Mendocino Indian Reservation. This fulfillment represents the first batch of cards delivered to the Mendocino […]
Powerful data tools and financial insights to deliver additional revenue and growth opportunities with MXdata Featured Image for KlariVis Featured Image for KlariVis ROANOKE, Va., April 28, 2022 (GLOBE NEWSWIRE) — Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, today announced a new partnership with MX Technologies, Inc., a leader […]
FAIRFIELD, N.J., April 28, 2022 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2022 of $17.7 million, or $0.25 per diluted share, compared to $18.8 million, or $0.26 per diluted share, for the quarter ended […]
Aite-Novarica Group will recognize the innovative fintech vendors that have leveraged best-in-class technology during the Banking Fintech of the Year Webinar being held virtually on May 5, 2022. Boston, MA, April 28, 2022 (GLOBE NEWSWIRE) — Aite-Novarica Group is pleased to announce the winners of the 2022 Banking Fintech of the Year Awards. The awards […]
Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay greater proportion of fees and number of factors indicate likely rise in year ahead Chicago, IL, April 28, 2022 (GLOBE NEWSWIRE) — The Financial Health Network, the […]
MOUNTLAKE TERRACE, Wash., April 28, 2022 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2022 first quarter net income of $6.9 million, or $0.81 per diluted share, compared to $11.9 million, or $1.35 per diluted share for the same quarter […]
Key Highlights in the First Quarter of 2022: Net income of $65.1 million, or $0.58 on a fully diluted per share basis Core earnings of $67.2 million, or $0.59 on a fully diluted per share basis Newly funded loans and advances top $2.5 billion in the quarter, outpacing loan paydowns and payoffs Commercial loan pipeline […]
NOIDA and JOHNS CREEK, April 28, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, through an integrated business model, today announced that its Chairman Robin Raina was recently felicitated by The Economic Times amongst the “Most Promising Business Leaders of […]
nCino’s single platform to provide premier member experience by increasing transparency, producing a best-in-class workflow TORONTO, April 28, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Calgary’s connectFirst Credit Union (connectFirst) will deploy the nCino Bank Operating System® across multiple lines […]
First Quarter 2022 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2022, or $1.10 per diluted common share compared to net income of $6.3 million or $1.07 per diluted common share for the quarter ended March 31, 2021 and $6.8 million or $1.18 per diluted common share for the quarter ended […]
WILMINGTON, N.C., April 27, 2022 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2022 net income of $34.5 million, or $0.76 per diluted share. “Live Oak Bank continues to focus on soundness, profitability and growth – in that order – and this quarter sustains […]
COLUMBUS, Ohio, April 27, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter. Root’s first quarter results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website at ir.joinroot.com. Root will host a conference […]
DUNKIRK, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.1 million, or $0.18 per diluted share, for the 2022 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, […]
NASHVILLE, Tenn., April 27, 2022 (GLOBE NEWSWIRE) — Truxton has promoted Buck Patton, CFP®, to Vice President and Wealth Advisor and Portfolio Manager Mitch Van Zelfden, CFA, to Vice President. Derrick Jones, Senior Managing Director, said, “Buck and Mitch are representative of our purpose as a wealth management practice, combining an exceptional investment process with […]
Global Mobile Payment Market Global Mobile Payment Market Dublin, April 27, 2022 (GLOBE NEWSWIRE) — The “Global Mobile Payment Market (2022-2027) by Pay Option, Purchase Type, Payment Type, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Mobile Payment Market is estimated to […]
ATLANTA, April 27, 2022 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading integrated payments and commerce solution provider, today announced that the Company will release its first quarter 2022 financial results on Tuesday, May 10, 2022 after market close. On Wednesday, May 11, 2022, at 8:00am ET, Paya CEO […]
ASHEVILLE, N.C., April 27, 2022 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced preliminary net income for the third quarter of fiscal 2022 and approval of its quarterly dividend. For the quarter ended March 31, 2022 compared to the corresponding quarter in the previous year: […]
Davina Bergin Davina Bergin MEMPHIS, Tenn., April 27, 2022 (GLOBE NEWSWIRE) — Evolve Bank & Trust (“Evolve”), a leading financial technology solutions provider, announced today it has appointed Davina Bergin as President of its SBA Lending Division. Bergin joins Evolve with more than 30 years of experience in the SBA Lending industry. “Davina’s experience is […]
Harvest Trading Cap’s educational entity, Harvest Trading Cap Academy gave its masterclass on cryptocurrencies in El Salvador, a country where bitcoin is officially regulated. Jairo Gonzalez CEO of Harvest Trading Cap gives Masterclass in El Salvador Jairo Gonzalez expresses his gratitude for the support he has received from El Salvador and the reception he and […]
DUNMORE, Pa., April 27, 2022 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three month period ended March 31, 2022 reporting new record high results. Unaudited Financial Information Net income for the quarter ended […]
