NorthEast Community Bancorp, Inc. Reports Results for the Quarter and Year Ended March 31, 2022

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

WHITE PLAINS, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $3.6 million, or $0.23 per basic and diluted common share, for the quarter ended March 31, 2022 compared to net income of $3.2 million, or $0.20 per basic and diluted common share, for the quarter ended March 31, 2021. Kenneth A. Martinek, NorthEast Community Bancorp’s Chairman of the Board and Chief Executive Officer, stated “We are pleased to report a strong start to 2022, with net income of $3.6 million for the first quarter due to the strong performance of our loan portfolio and no loans past due or in foreclosure at March 31, 2022. Despite the continuing COVID-19 pandemic, loan demand remained strong with originations...

Yamana Gold Reports First Quarter 2022 Results With Low Cost Performance Driving Strong Cash Flow Generation; Standout Quarters From Jacobina and Cerro Moro

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, April 27, 2022 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is herein reporting its financial and operational results for the first quarter of 2022. Production totalled 238,617 gold equivalent ounces (“GEO”)(2) at total cost of sales, cash costs(1) and all-in sustaining costs (“AISC”)(1) of $1,212, $734 and $1,084 per GEO(2) respectively. The standout production results, combined with the low cost performance, underpinned the strong cash flow generation including $151.7 million in cash flows from operating activities and $197.3 million in cash flows from operating activities before net change in working capital. The Company expects free cash flow to increase quarter-over-quarter with the strongest free cash flow generation anticipated in the...

Horizon Bancorp, Inc. Reports First Quarter 2022 EPS of $0.54 on Record Profitability, Higher Fees and Pre–Tax, Pre–Provision Net Income, and Organic Growth in Total, Commercial and Consumer Loans

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

MICHIGAN CITY, Ind., April 27, 2022 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three months ending March 31, 2022. “The intentional build out of Horizon’s lending teams, technology, durable customer relationships, and low–cost Midwest deposit franchise is reflected in the Company’s first quarter loan growth, higher fees and pre–tax, pre–provision net income, and record earnings,” Chairman and CEO Craig M. Dwight said. “We believe our asset sensitive balance sheet, strong credit quality and scalable business model will continue to provide an excellent foundation for organic growth in commercial and consumer lending, revenue and profits, along with incremental improvement in operating leverage through 2022.” First Quarter 2022 Highlights Net...

HighPeak Energy, Inc. Announces Acquisition of Howard County Properties Principally in its Signal Peak Area from Hannathon Petroleum and Other Sellers

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

FORT WORTH, Texas, April 27, 2022 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) announced today that it has entered into an agreement to acquire the Howard County assets of Hannathon Petroleum, LLC (“Hannathon”) and other non-operated working interest owners. HighPeak currently owns non-operated working interest in approximately 60% of the acquired gross acreage position. Purchase consideration due to the sellers, subject to customary closing adjustments, is comprised of $255 million in cash and approximately 3.78 million shares of HighPeak’s common stock. The cash portion of the consideration is expected to be funded with cash on hand and borrowings under the Company’s revolving credit facility. In connection with the close of this transaction and the annual Spring redetermination, HighPeak...

Raymond James Financial Reports Second Quarter of Fiscal 2022 Results

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

ST. PETERSBURG, Fla., April 27, 2022 (GLOBE NEWSWIRE) — Domestic Private Client Group net new asset(1) growth of 11% over the prior 12 months and nearly 9% annualized for the fiscal second quarter Quarterly net revenues of $2.67 billion, up 13% over the prior year’s fiscal second quarter and down 4% compared to the record set in the preceding quarter Quarterly net income of $323 million, or $1.52 per diluted share, and quarterly adjusted net income of $331 million(2), or $1.55 per diluted share(2) Client assets under administration of $1.26 trillion(3), record Private Client Group (PCG) assets in fee-based accounts of $678.0 billion(3), and financial assets under management of $193.7 billion Record PCG financial advisors of 8,730(3), net increases of 403 over March 2021 and 266 over December 2021 Record clients’ domestic...

Origin Bancorp, Inc. Reports Earnings for First Quarter 2022

Written by Customer Service on April 27, 2022. Posted in Earnings Releases And Operating Results.

RUSTON, La., April 27, 2022 (GLOBE NEWSWIRE) — Origin Bancorp, Inc. (Nasdaq: OBNK) (“Origin” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $20.7 million, or $0.87 diluted earnings per share for the quarter ended March 31, 2022, compared to net income of $28.3 million, or $1.20 diluted earnings per share for the quarter ended December 31, 2021, and net income of $25.5 million, or $1.08 diluted earnings per share for the quarter ended March 31, 2021. “Origin had another strong quarter as our bankers drove significant loan and deposit growth by building meaningful, long-term relationships,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “I am very pleased with the core fundamentals of our business and how we are positioned as we move forward.” First Quarter...

California Water Service Group Board of Directors Declares 309th Consecutive Quarterly Dividend

Written by Customer Service on April 27, 2022. Posted in Dividend Reports And Estimates.

SAN JOSE, Calif., April 27, 2022 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 309th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on May 20, 2022 to stockholders of record on May 9, 2022. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2 million people in California, Hawaii, New Mexico, Texas, and Washington. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.”...

Leading Online Luxury Marketplace 1stDibs to Expand European Presence

Written by Customer Service on April 27, 2022. Posted in Public Companies.

The company unveils a localized website for Germany, with France to follow NEW YORK, April 27, 2022 (GLOBE NEWSWIRE) — 1stDibs, a leading marketplace for extraordinary design, today expanded its European presence by unveiling a localized site for Germany. The site will enable local buyers to browse and receive customer support in their local language and view tailored search results. The company also plans to unveil a localized site in France next month. 1stDibs provides a platform for a wide breadth of inventory from a vetted selection of over 4,700 sellers and dealers from around the globe. Spanning vintage, antique, and contemporary furniture, home décor, fine art, jewelry, watches, and fashion, 1stDibs offers over $14 billion in one-of-a-kind pieces across a variety of price points while ensuring exceptional quality. In 2021,...

Lake Shore Bancorp, Inc. Announces 2022 First Quarter Financial Results and Declares Dividend

Written by Customer Service on April 27, 2022. Posted in Dividend Reports And Estimates.

DUNKIRK, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.1 million, or $0.18 per diluted share, for the 2022 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2021 first quarter. 2022 First Quarter Financial Highlights: Net interest income increased 3.7% to $5.5 million during the 2022 first quarter in comparison to $5.3 million during the 2021 first quarter, due to a $6.0 million increase in the average balance of interest-earning assets and a 26 basis points decrease in the average cost of interest-bearing liabilities; Net interest margin and interest rate spread was 3.38% and 3.30%, respectively, for the three months ended March 31, 2022 as...

Proactive news headlines including Fabled Copper, Avalon GloboCare, Falcon Gold, Western Magnesium, Benchmark Metals and American Resources

Written by Customer Service on April 27, 2022. Posted in Mergers And Acquisitions.

New York , April 27, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Fabled Copper says airborne survey has identified new anomalies on its Muskwa copper project in British Columbia click here Pathway Health sees FY2021 revenue of C$10.9M as sales hold steady amidst pandemic challenges click here Cloud DX strengthens position in the US with signing of Illinois clinic click here Alien Metals set for company defining year says broker click here Todos Medical says it’s set for study to assess potential product development of Tollovid to treat COVID-19 and Long COVID-19 click here Avalon GloboCare files 16 patent applications related to cellular therapies as company moves towards clinical trials click here Quebec...

Day: April 27, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice