Day: October 18, 2022

Purpose Investments Inc. Announces October 2022 Distributions

Written by Customer Service on October 18, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of October 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is October 26, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of October 27, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of October 28, 2022. The ex-distribution date for all closed-end funds is October 28, 2022. Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.10501 10/27/2022 11/07/2022 MonthlyPurpose Enhanced Dividend...

LMF Acquisition Opportunities, Inc. Stockholders Approve Previously Announced Business Combination with SeaStar Medical, Inc.

Written by Customer Service on October 18, 2022. Posted in Mergers And Acquisitions.

Transaction anticipated to close upon satisfaction of all closing conditions DENVER and TAMPA, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) — LMF Acquisition Opportunities, Inc. (NASDAQ: LMAO) (LMAO), a special purpose acquisition company sponsored by LM Funding America, Inc. (NASDAQ: LMFA), and SeaStar Medical, Inc., a medical technology company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, today announced that LMAO stockholders voted to approve the previously proposed business combination with SeaStar Medical at LMAO’s special meeting of LMAO stockholders (the “Special Meeting”) held earlier today, October 18, 2022. More than 96% of the votes cast at the meeting voted to approve the business combination with SeaStar Medical. Holders of approximately 79% of LMAO’s issued and outstanding...

Brown & Brown, Inc. announces 12.2% increase in quarterly cash dividend rate

Written by Customer Service on October 18, 2022. Posted in Dividend Reports And Estimates.

DAYTONA BEACH, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.1150 per share. The dividend is payable on November 16, 2022, to shareholders of record on November 2, 2022. The dividend represents a 12.2% increase from the previous regular quarterly cash dividend of $0.1025 per share and is the twenty-ninth consecutive annual dividend increase for the Company. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With more than 14,500 teammates in 450+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information...

Equity Bancshares, Inc. Reports Third Quarter Results, Continued Organic Growth

Written by Customer Service on October 18, 2022. Posted in Earnings Releases And Operating Results.

Company saw 3.5% linked quarter revenue growth led by expanding Net Interest Margin, with a 19.7% reduction in total nonperforming assets WICHITA, Kan., Oct. 18, 2022 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $15.2 million and $0.93 earnings per diluted share for the quarter ended September 30, 2022. “In 2022, our Company has realized meaningful, organic growth while emphasizing return to our stockholders via earnings, share buybacks, and an increasing dividend. Annualized growth within our commercial and commercial real estate loan portfolios of 17.13% is a credit to our sales and operational teams,” said Brad S. Elliott, Chairman and CEO, Equity Bancshares, Inc. “We have been diligent in...

Lincoln Electric Board Approves 14.3% Dividend Increase

Written by Customer Service on October 18, 2022. Posted in Dividend Reports And Estimates.

CLEVELAND, Oct. 18, 2022 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 14.3% increase in the quarterly cash dividend, from $0.56 per share to $0.64 per share, or to $2.56 per share on an annualized basis. This marks the 27th consecutive annual increase of the dividend. The dividend is payable January 13, 2023 to shareholders of record at the close of business on December 31, 2022. “Our dividend increase reflects the strong execution of our Higher Standard 2025 Strategy and our confidence in the strength of future cash flow generation through the cycle,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. About Lincoln Electric Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding...

United Community Banks, Inc. Reports Third Quarter Results

Written by Customer Service on October 18, 2022. Posted in Earnings Releases And Operating Results.

Strong Core Profitability Driven by Loan Growth and Continued Margin Expansion GREENVILLE, S.C., Oct. 18, 2022 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (United) announced today that net income for the third quarter was $81.2 million with pre-tax, pre-provision income of $118.9 million. Diluted earnings per share was $0.74 for the quarter, which represented an increase of $0.13 or 21% from the second quarter of 2022, and a decrease of $0.08 or 10% from the third quarter a year ago. The year-over-year decrease is largely attributable to an $11.0 million provision release in the third quarter of 2021 compared to a $15.4 million provision expense in this quarter. Other highlights of the quarter include 9.4% annualized loan growth, 38 basis points of net interest margin expansion, a reserve build to 1.12% of loans...

Wintrust Financial Corporation Reports Third Quarter 2022 Results

Written by Customer Service on October 18, 2022. Posted in Earnings Releases And Operating Results.

ROSEMONT, Ill., Oct. 18, 2022 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $143.0 million or $2.21 per diluted common share for the third quarter of 2022, an increase in diluted earnings per common share of 48% compared to the second quarter of 2022. The Company recorded net income of $364.9 million or $5.78 per diluted common share for the first nine months of 2022 compared to net income of $367.4 million or $6.00 per diluted common share for the same period of 2021. Edward J. Wehmer, Founder and Chief Executive Officer, commented, “I am very pleased with our third quarter results as we reported strong net income and record quarterly pre-tax, pre-provision income (non-GAAP). By design, we were able to benefit significantly from the recent rise...

CNB Financial Corporation Reports Third Quarter 2022 Earnings Per Share of $0.90 Compared to $0.82 for Third Quarter 2021

Written by Customer Service on October 18, 2022. Posted in Earnings Releases And Operating Results.

CLEARFIELD, Penn., Oct. 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 and nine months ended September 30, 2022. Joseph B. Bower, Jr., President and CEO, stated, “The third quarter for CNB was filled with success. First was the $100 million capital raise which will support the growth CNB historically experiences. Second is the successful management transition. Mike Peduzzi took on the role of President and Chief Executive Officer of CNB Bank. Mike has been with us for over a year and has a great grasp on our culture and operating model. Finally, the financial results for the quarter are very positive, as reflected in our asset quality, loan and revenue growth and earnings per share.” Executive...

Middlefield Banc Corp. Reports 2022 Nine Month Financial Results

Written by Customer Service on October 18, 2022. Posted in Earnings Releases And Operating Results.

MIDDLEFIELD, Ohio, Oct. 18, 2022 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and nine months ended September 30, 2022. 2022 Nine Month Financial Highlights (on a year-over-year basis unless noted):Returned $6.6 million of capital to shareholders through dividends and the repurchase of 141,002 shares at an average price of $25.83 per share Net income was $12.2 million, or $2.08 per diluted share, compared to $13.8 million, or $2.19 per diluted share Nine-month pre-tax income benefited from $1.2 million of accelerated net fees associated with the Paycheck Protection Program (“PPP”), compared to $3.1 million in the 2021 nine-month period Year-to-date net income was negatively impacted by $969,000 of one-time expenses associated with the proposed Liberty Bancshares, Inc....

AAON Releases 2021 ESG Sustainability Report

Written by Customer Service on October 18, 2022. Posted in Public Companies.

The company highlights significant progress in sustainability practices and waste reduction, innovative product achievement, and its workplace DEI practices TULSA, Okla., Oct. 18, 2022 (GLOBE NEWSWIRE) — AAON, Inc. (NASDAQ: AAON) (“AAON” or the “Company”), a leader in innovation and production of premium-quality, high-performance, and energy-efficient HVAC products for commercial, and industrial buildings, releases its 2021 Environmental, Social, and Governance (ESG) Report. In this report, the company highlights its commitment to uphold and continually improve overall sustainability practices, further the Company’s research and development to lead the industry in innovative solutions, and achieve its long-term environmental targets. “I am proud to lead a company that has such a significant impact on the world. For decades, AAON...

Day: October 18, 2022

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