Day: April 27, 2022

SEMINOLE, Fla., April 27, 2022 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. (NASDAQ: SGC) (the “Company”) today announced that it intends to release the results of its operations for the first quarter 2022 before the market opens on Wednesday, May 4, 2022. Michael Benstock, Chief Executive Officer, Andrew D. Demott, Jr., Chief Operating Officer and Chief Financial Officer, Phil Koosed, Chief Strategy Officer, and Jake Himelstein, President of BAMKO, will host a teleconference at 2:00 p.m. Eastern Time on that day to discuss the Company’s results and answer appropriate questions. Interested individuals may join the teleconference by dialing (844) 861-5505 for U.S. dialers and (412) 317-6586 for International dialers. The Canadian Toll-Free number is (866) 605-3852. Please ask to be joined into the Superior Group of Companies...

LONDON, April 27, 2022 (GLOBE NEWSWIRE) — REVIEW OF PERFORMANCE Income statement In the three months to 31 March 2022, the Group recorded a profit before tax of £1,457 million compared to £1,768 million in the same period in 2021, representing a reduction of £311 million as higher total income was more than offset by the impact of a net impairment charge for the period compared to a net credit in the first quarter of 2021. Profit after tax was £1,050 million. Total income increased by £166 million, or 5 per cent, to £3,810 million in the three months to 31 March 2022 compared to £3,644 million in the first three months of 2021; there was an increase of £266 million in net interest income offset by a decrease of £100 million in other income. Net interest income was £2,922 million, an increase of £266 million compared to £2,656...

MARCH 31, 2022 QUARTERLY EARNINGS OF $1.2 MILLION, OR $0.18 PER SHARE, AS COMPARED TO $1.0 MILLION, OR $0.15 PER SHARE FOR THE QUARTER ENDED MARCH 31, 2021.NEWBURGH, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today announced net income of $1.2 million, or $0.18 per basic common share and $0.17 per diluted common share for the quarter ended March 31, 2022, as compared to a net income of $1.0 million, or $0.15 per common and diluted common share for the quarter ended March 31, 2021. The increase was largely driven by a $503 thousand decrease in loan loss provision compared to the 2021 period as the Bank’s loan portfolio continues to perform well. Net interest income remained unchanged at $4.4 million, as the decrease in the weighted...

First Quarter 2022 Highlights:Total assets increased $198.2 million, or 7.5%, to $2.83 billion for the quarter ended March 31, 2022, compared to $2.64 billion at December 31, 2021. Non-PPP loan growth of $283.8 million, or 17.3%, for the three months ended March 31, 2022, compared to the three months ended December 31, 2021.CCBX loans increased $168.7 million, or 48.7%, Community bank loans increased $115.1 million, or 8.9%, excluding PPP loan forgiveness/repayments PPP loans decreased $64.3 million, or 57.5%Deposit growth of $212.7 million, or 9.0%, to $2.58 billion for the three months ended March 31, 2022, compared to $2.36 billion at December 31, 2021.CCBX deposit growth of $183.2 million, or 25.6%Additional $276.4 million in CCBX deposits transferred off balance sheetCommunity bank deposit growth of $29.5 million, or...

All financial figures are in Canadian dollars Calgary, AB, April 27, 2022 (GLOBE NEWSWIRE) — North American self-storage business owner and operator, Mini Mall Storage Properties (‘Mini Mall’), continues to show significant growth as the company surpasses $500 million in assets under management (AUM), offering over three million square feet of storage space and 25,000 storage units across Canada and the U.S.  “Our focus on technology and people, coupled with an industry-leading approach to service, sets us apart and has allowed us to scale up swiftly and confidently,” says CEO, Adam Villard. “We couldn’t have reached this incredible milestone without the support of our company’s broad, vertically integrated platform that keeps our people closely aligned across operations, finance, accounting, legal, service teams, and more.”  Today,...

VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSX-V: RKV, the “Company”) a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies announced the financial results for its fourth quarter and fiscal year ending December 31, 2021 and provided a corporate update. 2021 Highlights and Recent DevelopmentsWe have presented pre-clinical research results with our kt-3000 drug candidates peer reviewed scientific meetings including the JCA-AACR Precision Medicine International Conference (Sept 2021); the AACR-NCI-EORTC Virtual International Conference on Molecular Targets and Cancer Therapeutics (Oct. 2021) and the Canadian Cancer Research Alliance (Nov. 2021). These data demonstrate that the kt-3000 series exhibit strong inhibition...

MUNSTER, Ind., April 27, 2022 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (“Finward” or the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $2.1 million, or $0.53 per share, for the quarter ended March 31, 2022, as compared to $4.5 million, or $1.31 per share, for the corresponding prior year period. Selected performance metrics are as follows for the periods presented:Performance Ratios   Three months ended,      (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)      March 31,     December 31,     September 30,     June 30,     March 31,      2022     2021     2021     2021     2021  Return on equity     5.01 %     8.56 %     8.90 %     9.17 %     11.94 %Return on assets     0.44 %     0.83 %     0.87 %     0.90 %     1.18 %Net...

ASHEVILLE, N.C., April 27, 2022 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced preliminary net income for the third quarter of fiscal 2022 and approval of its quarterly dividend. For the quarter ended March 31, 2022 compared to the corresponding quarter in the previous year:net income was $8.0 million, compared to $7.9 million; diluted earnings per share (“EPS”) was $0.51, compared to $0.48; annualized return on assets (“ROA”) was 0.92%, compared to 0.84%; annualized return on equity (“ROE”) was 8.15%, compared to 7.78%; provision for credit losses was a net benefit of $45,000, compared to a net benefit of $4.1 million; noninterest income was $8.9 million compared to $10.7 million; prepayment...

COLDWATER, Michigan, April 27, 2022 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter net income of $2,933,000, or $0.65 per share, compared to net income of $3,088,000, or $0.68 per share, for the first quarter of 2021. John H. Castle, Chairman and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “We are pleased with our first quarter results. The core loan growth we have experienced over the last year has provided a stable stream of revenue that has offset the significant reductions from nonrecurring PPP loan revenue and mortgage loan sales that have dropped off due to market conditions.” As of March 31, 2022, total consolidated assets were at a record high $1.225 billion compared to $1.161 billion on December 31, 2021. As of March 31, 2022, total loans and deposits...