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Month: April 2022

National Bank Holdings Corporation Announces First Quarter 2022 Financial Results and Agreement to Acquire Rock Canyon Bank

Acquisition furthers strategic growth in the fast-growing Salt Lake City region DENVER, April 18, 2022 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported:                       For the quarter    1Q22   4Q21   1Q21Net income ($000’s)   $ 18,352   $ 22,769   $ 26,812Earnings per share – diluted   $ 0.60   $ 0.74   $ 0.86Return on average tangible assets(1)     1.07%     1.30%     1.65%Return on average tangible common equity(1)     10.31%     12.37%     15.20%                                                      (1)   Ratios are annualized. See non-GAAP reconciliations below.     Today National Bank Holdings Corporation (the “Company” or “NBHC”), the holding company for NBH Bank, announces the signing of a definitive merger agreement to acquire Community Bancorporation...

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Appian To Announce First Quarter 2022 Financial Results on May 5

MCLEAN, Va., April 18, 2022 (GLOBE NEWSWIRE) — Appian (NASDAQ: APPN) today announced that it will release financial results for the first quarter ended March 31, 2022 following the close of market on Thursday, May 5, 2022. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 4:30 p.m. Eastern Time. To access the call, please dial 1-877-243-0931 in the U.S. or 1-212-231-2935 internationally (Conference ID: 22017584). The call will also be available live via webcast on the Investor Relations page of the Company’s website at http://investors.appian.com. A telephone replay of the conference call can be accessed by dialing 1-844-512-2921 in the U.S. or 1-412-317-6671 internationally (Access code: 22017584) and will be...

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CNB Financial Corporation Reports First Quarter 2022 Earnings Per Share of $0.84 Compared to $0.78 for First Quarter 2021

CLEARFIELD, Pa., April 18, 2022 (GLOBE NEWSWIRE) — CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter ended March 31, 2022. Joseph B. Bower, Jr., President and CEO, stated, “The robust loan growth across all of our markets, along with diligent investment activities during our first quarter have positioned a portion of our excess liquidity into higher earning assets. Through the hard work of our entire team, this growth early in the year should provide for another strong performance for CNB, following its record net income in 2021 and a positive first quarter of 2022.” Executive SummaryNet income available to common was $14.2 million, or $0.84 per diluted common share, for the three months March 31, 2022, compared to $13.1 million,...

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CPS Announces First Quarter 2022 Earnings

Pretax income of $29.3 million, compared to $7.9 million in the prior year period Net income of $21.1 million, or $0.75 per diluted share New contract purchases of $410.0 million Each of the above represent all-time quarterly records since our inception in 1991LAS VEGAS, NV, April 18, 2022 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $21.1 million, or $0.75 per diluted share, for its first quarter ended March 31, 2022. This compares to net income of $5.2 million, or $0.21 diluted share, in the first quarter of 2021. Revenues for the first quarter of 2022 were $74.4 million, an increase of $11.3 million, or 17.8%, compared to $63.1 million for the first quarter of 2021. Total operating expenses for the first quarter of 2022 were $45.0 million compared...

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ToughBuilt Industries Announces Fourth Quarter and Full Year 2021 Results

Record fourth quarter year revenue of $24.6 million, or 105% year-over-year growth Record full year revenue of $70 million, or 77.6% year-over-year growthLAKE FOREST, Calif., April 18, 2022 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today reported financial results for the fourth quarter and full year ended December 31, 2021. Twelve Months Ended December 31, 2021 Financial Highlights:Revenues for the twelve months ended December 31, 2021, were approximately $70.0 million, an increase of 77.6% compared to the same period in 2020. The increase in revenue was primarily the result of wide acceptance of ToughBuilt products. This was a result of recurring orders from existing customers and addition of new customers and new product launches. Gross profit increased to approximately...

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Dime Names David DeVito as Senior Vice President, Group Leader

HAUPPAUGE, N.Y., April 18, 2022 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced today that David “Dave” DeVito will join the Company as Senior Vice President, Group Leader. Most recently, DeVito was Senior Vice Present and Team Leader at People’s United Bank. Prior to People’s United Bank’s acquisition of Suffolk County National Bank (“Suffolk”), DeVito was a senior lender at Suffolk responsible for managing their largest commercial lending relationships. Conrad Gunther, Chief Lending Officer of Dime, said, “Dave is a very well-regarded community banker with deep ties in his local communities and a proven track record. His client-centric focus makes him an excellent fit for Dime as we grow the premier business bank on...

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Oportun Appoints Dorian Hare as Senior Vice President of Investor Relations

SAN CARLOS, Calif., April 18, 2022 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that Dorian Hare has joined the company as its SVP of Investor Relations. Hare most recently led investor relations at Equifax and previously held a senior IR position at Moody’s. “As the leading digital banking platform serving the financial needs of hardworking people, Oportun has many vectors for high levels of multi-year growth and how we communicate our expansive vision with analysts and investors is critical to driving shareholder value,” said Raul Vazquez, CEO of Oportun. “Dorian has the experience and expertise to help us communicate this exciting, long-term opportunity, and we are thrilled to have him lead investor relations for us.” In addition to his experience leading investor...

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Hillman Closes Secondary Offering of Common Stock by Selling Stockholders; Underwriters Fully Exercise Overallotment Option

CINCINNATI, April 18, 2022 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced the closing of the previously announced underwritten public offering of shares of the Company’s common stock (the “Offering”) by certain stockholders of the Company (the “Selling Stockholders”). The aggregate size of the Offering was 14,950,000 shares of the Company’s common stock, including 1,950,000 shares of the Company’s common stock sold pursuant to full exercise of the underwriters’ option to purchase additional shares, at a price to the public of $10.00 per share. The Company did not receive any proceeds from the sale of the shares by the Selling Stockholders. Jefferies and Baird acted as lead book-running managers for the Offering....

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CrossAmerica Partners to Announce First Quarter 2022 Earnings Results on May 9

Allentown, April 18, 2022 (GLOBE NEWSWIRE) — CrossAmerica Partners to Announce First Quarter 2022 Earnings Results on May 9 ALLENTOWN, PA, April 18, 2022 – CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its first quarter 2022 results after the market closes on Monday, May 9, 2022. In conjunction with the news release, management will host a conference call on Tuesday, May 10, at 9:00 a.m. Eastern Time. The conference call numbers are 866-374-5140 or 404-400-0571 and the passcode for both is 38939402#. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on that same day on the investor section of the CrossAmerica website (www.crossamericapartners.com).  ...

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Brilliant Acquisition Corporation Announces the Filing of a Registration Statement on Form S-4 in Connection with its Business Combination with Nukkleus Inc.

NEW YORK, April 18, 2022 (GLOBE NEWSWIRE) — Brilliant Acquisition Corporation (Nasdaq: BRLI) (“Brilliant or the Company”), a publicly-traded special purpose acquisition company formed in the British Virgin Islands, today announced that a Registration Statement on Form S-4 (the “Registration Statement”) in connection with its previously announced proposed business combination (the “Business Combination”) with Nukkleus, Inc. (f/k/a Compliance & Risk Management Solutions Inc.) (“Nukkleus”), has been filed by Nukkleus with the U.S. Securities and Exchange Commission (“SEC”). The Registration Statement (No. 333-264334) provides important information about Brilliant, Nukkleus and the Business Combination. About Brilliant Acquisition Corp. Brilliant (Nasdaq: BRLI) is a blank check company organized...

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