Day: January 21, 2020

RICHMOND, Va., Jan. 21, 2020 (GLOBE NEWSWIRE) — Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (Nasdaq: AUB) today reported net income of $55.8 million and earnings per share of $0.69 for its fourth quarter ended December 31, 2019. Net operating earnings(1) were $57.3 million and operating earnings per share(1) were $0.71 for its fourth quarter ended December 31, 2019; these operating results exclude $709,000 in after-tax merger and $713,000 in after-tax rebranding-related costs.Net income was $193.5 million and earnings per share were $2.41 for the year ended December 31, 2019. Net operating earnings(1) were $220.9 million and operating earnings per share(1) were $2.75 for the year ended December 31, 2019; these operating results exclude $22.3 million in after-tax...

Fourth Quarter 2019 HighlightsNet Earnings of $117.9 Million, or $0.98 Per Diluted ShareLoan and Lease Production of $1.0 Billion; $111 Million of Net Loan GrowthCore Deposits Represents 84% of Total DepositsCost of Average Total Deposits Decreased 12 Basis Points from Q3 to 71 Basis PointsNet Charge-offs to Average Loans of Two Basis PointsFull Year 2019 HighlightsNet Earnings of $468.6 Million, or $3.90 Per Diluted ShareLoan and Lease Production of $4.9 Billion; $889 Million of Net Loan Growth or 5%Net Charge-offs to Average Loans of Nine Basis Points; 62% Lower for 2019 Compared to 2018LOS ANGELES, Jan. 21, 2020 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) today announced net earnings for the fourth quarter of 2019 of $117.9 million, or $0.98 per diluted share, compared to net earnings for the third quarter of 2019 of $110.0...

EVANSVILLE, Ind., Jan. 21, 2020 (GLOBE NEWSWIRE) —CEO COMMENTARY:FOURTH QUARTER HIGHLIGHTS2:Net IncomeNet income of $49.2 millionEarnings per share of $0.29Net Interest Income/NIMNet interest income on a fully taxable equivalent basis was $152.2 million compared to $156.3 millionNet interest margin on a fully taxable equivalent basis was 3.46% compared to 3.57%Operating PerformancePre-provision net revenue1 (“PPNR”) was $65.2 millionAdjusted PPNR1 was $73.9 million, up 10.3% over fourth quarter of 2018Noninterest expense was $134.7 millionAdjusted noninterest expense1 was $125.6 millionEfficiency ratio1 was 65.57%Adjusted efficiency ratio1 was 60.97%, a 234 basis point improvement from fourth quarter of 2018Loans and Credit QualityEnd-of-period total loans3 were $12,164.4 million compared to $12,075.9 millionFourth-quarter...

                                              MYBEST GROUP S.P.A.Registered office in Sesto San Giovanni (MI), Viale Casiraghi 359 – 20099Share capital € 3.334.309,50 fully paidVAT 04227580968 – Tax code 04227580968Milan R.E.A. registration no. 1735084* * * * * * * * *Minutes of the ordinary shareholders’ meetingIn the year 2019, on the 18thof December, at 03:30pm, at the registered office of the company MY BEST GROUP spa, in Sesto San Giovanni 20099 (MI), Viale Fratelli Casiraghi 359, the shareholders’ meeting of the company MyBest Group S.p.A. was held, after a first call, to discuss and...

CLEVELAND, Jan. 20, 2020 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2020 second quarter earnings before the market opens on Thursday, January 30, 2020, followed by a conference call at 11:00 a.m., Eastern time.  During the call, the company will discuss fiscal 2020 second quarter results and respond to questions from institutional investors and security analysts.  The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.Parker Hannifin is a Fortune 250 global leader in motion and control technologies.  For more than a century...