Day: January 31, 2022

OAK RIDGE, N.C., Jan. 31, 2022 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the fourth quarter and full year of 2021, and a quarterly cash dividend of $0.07 per share. Fourth Quarter and Full Year 2021 HighlightsEarnings per share of $2.91 for 2021, up $1.68, or 137%, from 2020; earnings per share of $0.74 for the three months ended December 31, 2021, up 36 cents, or 95%, from the same period in 2020; Return on average common stockholders’ equity of 15.70% for 2021, compared to 7.68% for 2020; return on average common stockholders’ equity of 14.78% for the three months ended December 31, 2021, compared to 9.17% for the same period in 2020; Negative loan loss provision for the...

2021 HighlightsGenerated record net income of $66.3 million, or $84.01 per share, up 13.47% from the prior year; Achieved return on average assets of 1.35% and return on average equity of 15.00%; Total assets grew $627 million, or 13.8%, year-over-year to $5.2 billion; Total deposits increased $580 million, or 14.3%, year-over-year to $4.6 billion; Loans held for investment grew $290 million, or 10.0%, year-over-year, excluding $154 million in forgiven SBA PPP loans; Cash and liquid investment securities increased $462 million, or 36.7%, to $1.7 billion due primarily to strong growth in total core deposits.LODI, Calif., Jan. 31, 2022 (GLOBE NEWSWIRE) —  Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M...

TORONTO, Jan. 31, 2022 (GLOBE NEWSWIRE) — Rogers Communications announced today that Glenn Brandt has been appointed Chief Financial Officer, effective today. Glenn brings 35 years of financial management experience to the role, including 30 years of career progression within Rogers across Treasury, Investor Relations and Corporate Development and most recently served as Senior Vice President, Corporate Finance. “Glenn is a highly regarded leader with deep industry experience as well as extensive experience in corporate finance, including raising capital and working with credit agencies,” said Tony Staffieri, President and CEO. “His strong leadership as CFO will be integral as we work to successfully come together with Shaw, drive growth across our business, and maintain the strong balance sheet needed to invest for the future.” Paulina...

VANCOUVER, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce that it has issued 4,820,109 common shares (“Shares“) and paid US$1,800,000 to purchase and extinguish the aggregate 1.2% net smelter royalty (“NSR“) interest in the Chvaletice Manganese Project. Further to its announcement of January 24, 2022, the Company issued 4,820,109 Shares at a price of $0.47262 per Share (the “Share Consideration“) valued at $2,278,080 (US$1,800,000 based on the Bank of Canada’s USD / CAD exchange rate on January 24, 2022) and paid US$1,800,000 to settle the balance owing under the royalty termination agreements dated May 31, 2021. In accordance with Canadian securities laws and the policies...

TROY, Mich., Jan. 31, 2022 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Monday, February 14, 2022. In conjunction with its fourth-quarter and full-year earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the Internet:kellyservices.com Via the Telephone (877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter “#” A recording of the conference call will be available after 1:30 p.m. ET on February 14, 2022, at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access...

JASPER, Ind., Jan. 31, 2022 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported record annual earnings of $84.1million, or $3.17 per share, for the year-end 2021, representing the 12th consecutive year, that the Company has reported record annual earnings. This level of annual earnings performance resulted in a 13.1% return on average shareholders’ equity and a 16.4% return on average tangible common equity in 2021, marking the 17th consecutive fiscal year in which the Company has delivered a double-digit return on shareholders’ equity. The Company also announced the declaration of a 10% increase in its quarterly cash dividend, marking the 10th consecutive year of increased cash dividends, and the approval of a new share repurchase plan for up to one million GABC shares. 2021 year-to-date record net income...

NIDWALDEN, Switzerland, Jan. 31, 2022 (GLOBE NEWSWIRE) — Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAAU) (the “Company”) announced that, commencing January 31, 2022, holders of the Company’s units may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the “Nasdaq”) under the symbol “GGAAU,” and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols “GGAA” and “GGAAW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary...