Day: November 20, 2019

LODI, Calif., Nov. 20, 2019 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) (the Company) announced that the Board of Directors declared a year-end cash dividend of $7.15 per share of common stock, an increase of 2.14% over the cash dividend declared in November of 2018. The cash dividend will be paid on January 2, 2020, to shareholders of record on December 6, 2019. Cash dividend payments declared over the past year total $14.20 per share.Kent A. Steinwert, Chairman, President and Chief Executive Officer stated, “We are pleased that Farmers & Merchants Bancorp’s record third quarter and year-to-date 2019 financial performance allowed for increasing the cash dividend while still providing a level of capital retention that supports the Company’s growth plans. This year marks the 85th consecutive year that Farmers...

NEW YORK, Nov. 20, 2019 (GLOBE NEWSWIRE) — National General Holdings Corp. (NASDAQ:NGHC) announced today that approval has been received from the Swedish Financial Supervisory Authority for the previously announced sale of its Euro Accident Health and Care Insurance Sweden operation to an investor group arranged by Impilo AB, a Swedish investment company focused on Nordic healthcare investments. The transaction is scheduled to close on December 2, 2019. The estimated sale price of approximately $148 million for this transaction will result in an increase to shareholders’ book value of approximately $24 million. Since this transaction is based in Swedish Krona (SEK), the final price will vary accordingly.About National General Holdings Corp.National General Holdings Corp., headquartered in New York City, is a specialty personal lines...

EMLENTON, Pa., Nov. 20, 2019 (GLOBE NEWSWIRE) — The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF), the parent holding company of the Farmers National Bank of Emlenton, declared a quarterly cash dividend on November 20, 2019 of $0.29 per common share payable on December 20, 2019, to shareholders of record on December 2, 2019. This quarterly dividend reflects an annualized dividend yield of 3.5% based on the stock’s closing price of $32.75 per share on November 19, 2019.William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted that the dividend reflects the Corporation’s continued growth and strong financial performance in recent quarters.Emclaire Financial Corp is the parent company of the Farmers National Bank of Emlenton, an independent, nationally chartered, FDIC-insured...

GUANGZHOU, China, Nov. 20, 2019 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20191.Financial Highlights for the third quarter of 2019:Commenting on the financial results of the third quarter of 2019, Mr. Chunlin Wang, chairman and chief executive officer of Fanhua, stated, “Amid the ongoing US-China trade war, there has been no sign of relaxation in regulatory supervision in China’s financial market. Industry-wide transformation and adjustment persist in the life insurance market as it witnessed a continuous quarter-by-quarter slowdown in growth over the past nine months of 2019. Negative growth is expected in new premiums for...

HONOLULU, Nov. 20, 2019 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has declared a special cash dividend of $0.50 per share payable on December 18, 2019 to shareholders of record as of December 4, 2019. Allan Kitagawa, Chairman and Chief Executive Officer, said, “We are pleased to announce a special dividend of $0.50 per share. As you know, we have had some one-time gains this year that put us ahead of the earnings we had for the first 3 quarters of 2018. We believe our capital levels are sufficient to permit us to declare our second special dividend for the year while still allowing us to execute our business plan. We will also continue our stock repurchase plan at a price...

PHILADELPHIA, Nov. 20, 2019 (GLOBE NEWSWIRE) — Prudential Bancorp, Inc. (the “Company”) (Nasdaq: PBIP) announced that its Board of Directors, at a meeting held today, declared a cash dividend of $0.07 per share on the common stock of the Company, representing a $0.02 increase from our previous regular quarterly dividend.  This dividend will be paid on December 20, 2019 to the shareholders of record at the close of business on December 6, 2019.  Dennis Pollack, President and CEO, commented, “The 40% increase in our regular dividend is indicative of our continued commitment to enhance shareholder value and reflects one of our strategies to leverage our capital while providing a tangible benefit to our shareholders.  We appreciate our shareholders’ investment in the Company and will continue to explore available opportunities to enhance...

CORAL GABLES, Fla., Nov. 20, 2019 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”) announced today the completion of its previously announced acquisition of Grand Cayman-based Mercantil Bank and Trust Limited (Cayman) (the “Cayman Bank”) from Mercantil Holding Financiero Internacional (Mercantil), a former affiliate.  The acquisition was approved by the Board of Governors of the Federal Reserve System and the Cayman Islands Monetary Authority. The Cayman Bank, which has approximately $195 million in assets under custody and management, is now wholly owned by Amerant Bank, N.A. (“Amerant Bank”) and has been rebranded “Elant Bank and Trust Ltd.”The Cayman Bank serves and develops high net worth international customer relationships with offshore trust and estate planning services.  The Company and its...

DENVER, Nov. 20, 2019 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it held its annual general and special meeting of shareholders (the “Meeting”) earlier today in Denver, Colorado and that all resolutions were overwhelmingly approved by shareholders of the Company. The resolutions included the election of directors, appointment of auditors and the approval of the Company’s stock option plan. The management information circular which further summarizes the resolutions approved at the Meeting are available at www.sedar.com.The shareholders elected Martin Burian, John Farlinger, Scott Page, Preston Parsons, Christopher Rumana, and Steven Summer to the board of directors. “We are pleased with the...

MONROE, Mich., Nov. 20, 2019 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2020 second quarter ended October 26, 2019.Fiscal 2020 second quarter versus Fiscal 2019 second quarter:Consolidated sales for the second quarter increased 1.8% to $447.2 millionLa-Z-Boy Furniture Galleries® stores:Written same-store sales for the La-Z-Boy Furniture Galleries® network increased 3.5%Delivered same-store sales for the company-owned Retail segment increased 5.0%Consolidated operating margin:GAAP: 6.6% versus 6.5%Non-GAAP*: 7.5% versus 7.3%Net income attributable to La-Z-Boy Incorporated per diluted share (“EPS”):GAAP:  $0.48 versus $0.42Non-GAAP*: $0.52 versus $0.48Fiscal 2020 excludes a $0.03 charge for purchase accounting, a $0.04 charge related to the company’s supply chain optimization...

SALT LAKE CITY, Nov. 20, 2019 (GLOBE NEWSWIRE) — Health Catalyst, Inc. (“Health Catalyst”, Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that Patrick Nelli, Chief Financial Officer, and Adam Brown, Senior Vice President, Investor Relations, will participate in the following upcoming investor conferences.Piper Jaffray 31st Annual Healthcare Conference in New York on Wednesday, December 4, 2019, which will include a presentation at 9:30 a.m. ET.Evercore ISI 2nd Annual HealthCONx Conference in Boston on Thursday, December 5, 2019, which will include a presentation at 11:00 a.m. ET.About Health CatalystHealth Catalyst is a leading provider of data and analytics technology and services to healthcare organizations, committed to being the catalyst...