Sound Financial Bancorp, Inc. Reports Net Income of $3.5 Million for Fourth Quarter 2020

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

SEATTLE, Jan. 28, 2021 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the parent company of Sound Community Bank, issued press releases announcing fourth quarter 2020 financial results and declaring dividends. The Company reported net income of $3.5 million for the quarter ended December 31, 2020, or $1.34 diluted earnings per share, compared to net income of $2.3 million, or $0.90 diluted earnings per share, for the quarter ended September 30, 2020 and $1.9 million, or $0.72 diluted earnings per share, for the quarter ended December 31, 2019. The Company also announced today that the Board of Directors has declared on Company common stock a regular quarterly cash dividend of $0.17 per share and a special cash dividend of $0.10 per share. The dividends will be payable on February 24, 2021 to stockholders of record...

Sound Financial Bancorp, Inc. Announces Regular Quarterly Cash Dividend of $0.17 per share and Declares Special Cash Dividend of $0.10 per share

Written by Customer Service on January 28, 2021. Posted in Dividend Reports And Estimates.

SEATTLE, Jan. 28, 2021 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the “Company”) for Sound Community Bank (the “Bank”), announced today that the Board of Directors has declared on Company common stock a regular quarterly cash dividend of $0.17 per share and a special cash dividend of $0.10 per share. The dividends will be payable on February 24, 2021 to stockholders of record as of the close of business on February 10, 2021.“In addition to our regular cash dividend, our performance provided us with the opportunity to pay a special cash dividend while still maintaining a very strong capital position to support growth,” said Laurie Stewart, President and Chief Executive Officer of the Company and the Bank.Forward Looking Statement DisclaimerWhen used in...

Oncology Pharma Announces the Appointment Of New Chief Financial Officer

Written by Customer Service on January 28, 2021. Posted in Public Companies.

San Francisco, CA, Jan. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Oncology Pharma Inc. (OTC: ONPH) is pleased to announce that it has retained the services of Mr. James Smith, CPA as its new Chief Financial Officer. Mr. James Smith, CPA is a seasoned executive officer with experience encompassing multiple public and private companies across a variety of industries. His prior experience includes CEO and/or CFO in two fully reporting SEC registrants as well as numerous OTC Pink Sheet companies in either the CFO, outside accountant or CEO capacities. In addition, during his employment with two national accounting firms and in his own CPA firm practice, Mr. Smith has worked with multiple Family Offices and investors in assisting them with their operations, capital placement, organizational strategy and structure, with an...

Total Energy Services Inc. Announces Dismissal of Claim Against Savanna Energy Services Corp.

Written by Customer Service on January 28, 2021. Posted in Public Companies.

CALGARY, Alberta, Jan. 28, 2021 (GLOBE NEWSWIRE) — Total Energy Services Inc. (TSX:TOT) (“Total” or the “Company”) is pleased to announce that the Court of Queen’s Bench of Alberta has summarily dismissed a $20 million claim by Western Energy Services Corp. (“Western”) against Savanna Energy Services Corp. (“Savanna”). Savanna is a wholly-owned subsidiary of Total.Following an offer by Total in December 2016 to acquire all of the shares of Savanna, in March 2017 Savanna and Western entered into an arrangement agreement (the “Arrangement Agreement”) that contemplated the combination of Savanna and Western. The Arrangement Agreement required that at least 66 2/3% of the shares of Savanna be voted in favor of such combination. On March 24, 2017 Total acquired a majority of the shares of Savanna thereby preventing Savanna...

Heritage Commerce Corp Reports Earnings of $11.6 Million for the Fourth Quarter of 2020 and $35.3 Million for 2020

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced fourth quarter 2020 net income of $11.6 million, or $0.19 per average diluted common share, compared to $5.7 million, or $0.10 per average diluted common share, for the fourth quarter of 2019, and $11.2 million, or $0.19 per average diluted common share, for the third quarter of 2020. For the year ended December 31, 2020, net income was $35.3 million, or $0.59 per average diluted common share, compared to $40.5 million, or $0.84 per average diluted common share, for the year ended December 31, 2019. All results are unaudited.“We generated solid earnings, for the full year of 2020, fueled by a year-over-year increase in net interest income, total...

Kayne Anderson Closed-End Funds File 2020 Annual Reports

Written by Customer Service on January 28, 2021. Posted in Public Companies.

HOUSTON, Jan. 28, 2021 (GLOBE NEWSWIRE) — KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) announced today that copies of each fund’s annual report for the fiscal year ended November 30, 2020, are available online at www.kaynefunds.com. To request a hard copy of these reports, free of charge, please call 877-657-3863 or email cef@kaynecapital.com.Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The company’s investment objective is to provide a high after-tax total return with an emphasis on...

AMG to Announce Fourth Quarter and Full Year 2020 Results on February 8, 2021

Written by Customer Service on January 28, 2021. Posted in Public Companies.

Conference Call Scheduled for 8:30 a.m. Eastern TimeWEST PALM BEACH, Fla., Jan. 28, 2021 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG) will report financial and operating results for the fourth quarter and full year ended December 31, 2020 on Monday, February 8, 2021. A conference call will be held at 8:30 a.m. Eastern time on the same day. In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, and Thomas M. Wojcik, Chief Financial Officer, will host the session.Parties interested in listening to the conference call should dial 1-877-407-8291 (U.S. calls) or 1-201-689-8345 (non-U.S. calls) shortly before the call begins.The conference call will also be available...

Dundee Precious Metals Files Early Warning Report Regarding Investment in INV Metals Inc.

Written by Customer Service on January 28, 2021. Posted in Public Companies.

TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today filed an early warning report with respect to its ownership in INV Metals Inc. (“INV Metals”) following the completion of a non-brokered C$3,962,683 private placement (the “Offering”). Pursuant to the terms of the Offering, INV Metals issued 8,805,962 common shares (the “Common Shares”) to the Company at a price of C$0.45 per Common Share. Following completion of the Offering, the Company owns 35,344,424 Common Shares, or approximately 23.5% of the issued and outstanding Common Shares, calculated on a non-diluted basis. The Common Shares issued under the Offering are subject to a customary four month statutory hold period.DPM completed the Offering solely for investment purposes and may increase or decrease...

ZoomerMedia Limited Announces First Quarter 2020-21 Financial Results

Written by Customer Service on January 28, 2021. Posted in Public Companies.

TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the first quarter ended November 30, 2020.Consolidated ResultsFor the three months ended November 30, 2020 the Company generated revenues of $13.2 million, operating expenses of $9.7 million and Adjusted EBITDA of $3.5 million from its continuing operations. Net income for the same period was $1.9 million.For the comparative three months ended November 30, 2019 the Company had revenues of $14.7 million, operating expenses of $12.0 million and Adjusted EBITDA of $2.7 million from its continuing operations. Net income for the three months was $1.6 million.On August 19, 2020 the Company closed the sale for substantially all of the...

Wintrust Financial Corporation Announces Cash Dividends, Increasing Quarterly Common Stock Dividend Rate by 10.7%

Written by Customer Service on January 28, 2021. Posted in Public Companies.

ROSEMONT, Ill., Jan. 28, 2021 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share of outstanding common stock. The dividend is payable on February 25, 2021 to shareholders of record as of February 11, 2021. This represents an increase of approximately 10.7% from the $0.28 quarterly cash dividend paid in each of the quarters of 2020.Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D and of the Company’s 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Each dividend is payable on April 15, 2021 to shareholders of record...

Day: January 28, 2021

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