Day: April 21, 2021
RUSTON, La., April 21, 2021 (GLOBE NEWSWIRE) — Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $538.0 million in assets, today announced financial results for the 1st quarter ended March 31, 2021.
Financial Performance
For the three months ended March 31, 2021, the Company had net income after tax of $1.29 million compared to net income of $1.0 million for the three months ended March 31, 2020, an increase of $283,000 or 28.2%. Earnings per share (EPS) for the three months ended March 31, 2021 were $0.78 per basic and $0.77 per diluted share compared to $0.62 per basic and $0.61 per diluted share reported for the three months ended March 31, 2020.
Balance Sheet
Overall, total assets increased by $22.9 million or 4.5% to $538.0 million at March 31, 2021 compared to...
Laurentian Bank receives approval to establish legislative covered bond programme
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MONTREAL, April 21, 2021 (GLOBE NEWSWIRE) — Laurentian Bank of Canada (TSX: LB) (“Laurentian Bank”) today announced that it has received approval from Canada Mortgage and Housing Corporation (“CMHC”) to establish a CAD 2.0 billion legislative covered bond programme (“Programme”) pursuant to the Canadian Registered Covered Bond Programs Guide, published by CMHC.
Under the Programme, Laurentian Bank may, from time to time, issue covered bonds (“Covered Bonds”) under such terms and conditions as determined by Laurentian Bank at the time of issuance and in accordance with prevailing market conditions. The Covered Bonds to be issued by Laurentian Bank will have the benefit of an unconditional and irrevocable guarantee from LBC Covered Bond (Legislative)...
La Banque Laurentienne reçoit l’autorisation d’établir un programme législatif d’obligations sécurisées
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MONTRÉAL, 21 avr. 2021 (GLOBE NEWSWIRE) — La Banque Laurentienne du Canada (TSX : LB) (la « Banque Laurentienne ») a annoncé aujourd’hui avoir reçu l’autorisation de la Société canadienne d’hypothèques et de logement (la « SCHL ») en vue d’établir un programme législatif d’obligations sécurisées de 2 milliards CAD (le « Programme ») conformément au Guide des programmes inscrits canadiens d’obligations sécurisées de la SCHL.
Dans le cadre du Programme, la Banque Laurentienne pourra de temps à autre émettre des obligations sécurisées (les « Obligations sécurisées ») conformément aux conditions qu’elle aura déterminées au moment de l’émission et aux conditions du marché à cette date. Les Obligations sécurisées émises par la Banque Laurentienne comprendront...
Streamline Health® Reports Fourth Quarter and Fiscal Year 2020 Financial Results
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Fiscal 2020 Revenues of $11.3 million; $0.3 million Net Income; Adjusted EBITDA ($1.9 million)
Atlanta, GA, April 21, 2021 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator™ Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, today announced financial results for the fourth quarter and fiscal year 2020, which ended January 31, 2021.
Total revenues for the fourth quarter of fiscal 2020 were $3.0 million, compared to $2.7 million in the prior year period. SaaS revenue was up $349,000, approximately 50%, compared to the same quarter a year ago. The revenue growth during the quarter was driven by higher revenue from SaaS, system sales and professional services offset by lower revenue form audit services and maintenance and support....
Orca Energy Group Inc. Announces 2020 Year End Audited Financial Results
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TORTOLA, British Virgin Islands, April 21, 2021 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces its audited financial results for the year ended December 31, 2020. All dollar amounts are in United States dollars unless otherwise stated.Revenue decreased by 5% for Q4 2020 and by 9% for the year compared to the same prior year periods. The decreases are primarily a result of decreased sales to the Tanzanian Electric Supply Company Limited (“TANESCO”) under the Portfolio Gas Sales Agreement (“PGSA”) and a smaller current income tax adjustment due to increased capital expenditure and lower gross field revenue. Gas deliveries decreased by 11% for Q4 2020 and by 9% for the year compared to the same prior year periods. The decrease...
Leading AgTech Company AppHarvest Reports Progress on Sustainability and Social Impact Goals to Feed the Future on Earth Day
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MOREHEAD, Ky., April 21, 2021 (GLOBE NEWSWIRE) — AgTech leader, AppHarvest (NASDAQ: APPH, APPHW), today published its 2020 Sustainability Report, “Feed the Future.” The report outlines the Certified B Corp and public benefit corporation’s efforts to create positive environmental change in agriculture, empower employees and improve the communities in which it operates.
“Resiliency is at the core of our beliefs at AppHarvest because farming as we’ve known it is broken and not sustainable for the planet,” said Jonathan Webb, AppHarvest Founder & CEO. “We’re solving for the variables that make our food system unreliable, such as extreme weather, droughts, fire or contamination. Our team built one of the world’s largest facilities in the midst of a global pandemic — not a greenhouse covering a few acres — but a controlled...
Just Energy Provides Update on ERCOT Resettlements
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TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (OTC: JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, announced today that the Company has received resettlement invoices from the Electricity Reliability Council of Texas (“ERCOT”) for the week of February 15, 2021 in connection with the Texas extreme weather event in February (the “Weather Event”) totaling approximately an additional US$48 million, substantially related to unexpected increases with respect to unaccounted for energy (UFE), as determined by ERCOT.
The resettlement invoices bring the total financial impact to the Company of the Weather Event to over US$300 million. While the Company is disputing...
Aberdeen International Mourns the Passing of Board Member Maurice J. Colson
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TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F:A8H, OTC:AABVF) is saddened to announce the death of board member Maurice “Moe” Colson who passed away recently.
“Moe was an extraordinary board member but an even better person,” said Ryan Ptolemy, CFO of Aberdeen. “It was a great privilege to work alongside Moe, and I speak for the management team and board of directors when I say that his business acumen and friendship will be deeply missed.”
Mr. Colson served as an independent director at Aberdeen since January 2015. In addition to his duties as a board member, Mr. Colson was a member of the audit, compensation and corporate governance committees. With more than three decades of experience in domestic and international capital markets, Moe provided tremendous insight...
Report On Financial Results for the Year Ended December 31, 2020
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TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the year ended December 31, 2020 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”).
BUSINESS OVERVIEW AND STRATEGY
Business Overview
Urbanfund is an Ontario corporation listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville, Kitchener,...
Westbury Bancorp, Inc. Reports Net Income for the Three and Six Months Ended March 31, 2021
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WEST BEND, Wis., April 21, 2021 (GLOBE NEWSWIRE) — Westbury Bancorp, Inc. (OTCQX: WBBW), the holding company (the “Company”) for Westbury Bank (the “Bank”), today announced net income of $2.4 million, or $0.95 per common share and $5.1 million, or $2.01 per common share, for the three and six months ended March 31, 2021 compared to net income of $1.8 million, or $0.58 per common share and $3.6 million, or $1.16 per common share, for the three and six months ended March 31, 2020.
About Westbury Bancorp, Inc.
Westbury Bancorp, Inc. is the holding company for Westbury Bank. The Company’s common shares are traded on OTCQX under the symbol “WBBW”. Detailed quarterly financial statements for the Company may be found at www.otcmarkets.com/stock/WBBW/disclosure.
Westbury Bank is an independent community bank primarily serving communities...