Day: January 25, 2022
MIDDLEFIELD, Ohio, Jan. 25, 2022 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve months ended December 31, 2021.
2021 Financial Highlights (on a year-over-year basis unless noted):Returned $16.6 million of capital to shareholders through dividends and the repurchase of 512,449 shares
Net income increased 123.2% to a record $18.6 million, compared to $8.3 million
Net interest margin improved by 25 basis points to 3.79%, compared to 3.54%
Total noninterest income increased 20.3% to $7.2 million
Pre-tax, pre-provision(1) income increased 19.4% to $23.4 million
Return on average assets increased to 1.36% from 0.64%
Return on average equity increased to 12.74% from 5.87%
Return on average tangible common equity(1) increased to 14.38% from 6.66%
Efficiency ratio improved...
Americold Realty Trust Sets Date for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
Written by Customer Service on . Posted in Public Companies.
ATLANTA, Jan. 25, 2022 (GLOBE NEWSWIRE) — Americold Realty Trust (NYSE: COLD) (the “Company” or “Americold”) announced today that the Company will release fourth quarter and full year 2021 financial results after the market closes on Thursday, February 24, 2022. A conference call will be held on Thursday, February 24, 2022 at 5:00 p.m. Eastern Time.
Webcast:A webcast of the conference call will be available on the Investor Relations section of the Company’s website at www.americold.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software.
To Participate in the Telephone Conference Call:Dial in at least 5 minutes prior to start time:Domestic: 1-877-407-3982International: 1-201-493-6780
Conference Call Playback:Domestic:...
Sunrun Replaces $250 Million Recourse Lending Facility with New Upsized $425 Million Facility to Support Continued Growth at Enhanced Terms
Written by Customer Service on . Posted in Public Companies.
Cost of new facility unchanged while the asset borrowing base expanded, improving financing terms for inventory and project backlogs, supporting scale of combined company and continued growth trajectory
SAN FRANCISCO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading home solar, battery storage and energy services company, today announced it has retired it’s $250 million recourse lending facility and arranged a larger $425 million facility at enhanced terms and longer tenor than the company’s prior term extensions.
“We are pleased to increase the size of our recourse lending facility, to support our continued growth while also enhancing terms to reflect the strength of our asset base and underlying business,” said Tom vonReichbauer, Sunrun’s Chief Financial Officer. “Our continued strong execution in the...
Ethan Allen Expands its Board of Directors and Declares Regular Quarterly Cash Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
DANBURY, CT, Jan. 25, 2022 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that María Eugenia (Gina) Casar has been elected to the Company’s Board of Directors, effective January 25, 2022.
Appointment of Gina Casar to the Board
Gina Casar recently served as Assistant Executive Director for United Nations World Food Programme, based in Rome, Italy. In this position she was responsible for Human Resources management, Wellness, Workplace Culture, Ombudsman and Ethics. Prior roles include Executive Director for AMEXCID Mexican Agency for International Cooperation, various senior leadership positions throughout the United Nations, including Under Secretary General and Associate Administrator from 2014 to 2016 and CFO and Controller between 2011 and 2014 and associations with...
CN announces new normal course issuer bid for share repurchase and 19 per cent dividend increase
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved the repurchase of its shares under a new normal course issuer bid (Bid), as well as a 19 per cent increase in the 2022 dividend on the Company’s common shares outstanding.
The Bid, in the range of C$5 billion, permits CN to purchase, for cancellation, over a 12-month period up to 42 million common shares, representing 6.80 per cent of the 618,826,610 common shares issued and outstanding of the Company not held by insiders on January 18, 2022. On that date, 701,740,872 CN common shares were issued and outstanding.
Ghislain Houle, CN executive vice-president and chief financial officer, said: “Together with our strong fourth quarter financial and operating performance, the approval of our new share repurchase...
Clover Health to Report Fourth Quarter and Full Year 2021 Financial Results on February 23, 2022
Written by Customer Service on . Posted in Public Companies.
NASHVILLE, Tenn., Jan. 25, 2022 (GLOBE NEWSWIRE) — Clover Health (Nasdaq: CLOV), a technology company committed to improving health equity for America’s underserved seniors, today announced that it will report fourth quarter and full year 2021 financial results after market close on Wednesday, February 23, 2022. On that day management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the company’s business and financial results.
Fourth Quarter and Full Year Conference Call and Webcast DetailsWhat: Clover Health Fourth Quarter and Full Year 2021 Earnings Conference Call
When: Wednesday, February 23, 2022, at 5:00 p.m. ET
Dial In: To access the call via telephone please dial 866-342-8591 (for U.S. callers) or 203-518-9713 (for callers outside the United States) and enter the conference ID CLOVQ421
Webcast:...
Gritstone Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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EMERYVILLE, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — Gritstone bio, Inc. (Nasdaq: GRTS), a clinical-stage biotechnology company developing the next generation of cancer and infectious disease immunotherapies, today announced that the company’s Board of Directors has granted eleven employees nonqualified stock options to purchase an aggregate of 63,400 shares of its common stock with an exercise price of $6.30, which is equal to the closing price of Gritstone’s common stock on January 13, 2022, the grant date of the awards. These stock grants are part of an inducement material to each of the new employees becoming an employee of Gritstone, in accordance with Nasdaq Listing Rule 5635(c)(4).
The stock options will vest over a four-year period, with 25% of the options vesting on the first anniversary of the employees’ date of hire,...
A-Mark Precious Metals Sets Fiscal Second Quarter 2022 Earnings Call for Tuesday, February 8 at 4:30 p.m. ET
Written by Customer Service on . Posted in Public Companies.
EL SEGUNDO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Tuesday, February 8 at 4:30 p.m. Eastern time to discuss results for the fiscal second quarter ended December 31, 2021. Financial results will be issued in a press release prior to the call. A-Mark management will host the presentation, followed by a question-and-answer period.
A-Mark’s conference call can be accessed as follows:
Date: Tuesday, February 8, 2022Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in number: 1-877-407-0789International number: 1-201-689-8562Conference ID: 13726226
The conference call will be broadcast live and available for replay in the Investor Relations section of A-Mark’s website at www.amark.com.
Please...
Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Capesize Class Dry-bulk Japanese Vessel
Written by Customer Service on . Posted in Public Companies.
MONACO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a 2014-built, Japanese, dry-bulk, 181,000 dwt, Capesize class vessel, to be named MV Maria, with a scheduled delivery date within February 2022. The vessel will be acquired at a purchase price of $33.8 million and will be financed from the cash reserves of the Company.
Dr. Loukas Barmparis, President of the Company commented: “This will be our sixth Cape and the 40th vessel in our fleet. MV Maria is sister vessel to our recently acquired MV Stelios Y and was bought, at what we believe to be a competitive price, capitalizing on the Capesize market seasonal weakness.”
About Safe Bulkers, Inc.
The Company...
Open Lending to Announce Fourth Quarter and Full Year 2021 Results on February 24, 2022
Written by Customer Service on . Posted in Public Companies.
AUSTIN, Texas, Jan. 25, 2022 (GLOBE NEWSWIRE) — Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, today announced that the Company will host a conference call to discuss fourth quarter and full year 2021 financial results on Thursday, February 24, 2022 at 5:00pm ET. Hosting the call will be John Flynn, Chairman and CEO, Ross Jessup, President and COO, and Chuck Jehl, CFO. A press release with fourth quarter and full year 2021 financial results will be issued after the market closes that same day.
The conference call will be webcast live from the Company’s investor relations website at https://investors.openlending.com/ under the “Events” section. The conference call can also be accessed live over the phone by dialing (877)...