Day: January 18, 2023

Eagle Bancorp, Inc. Announces Net Income for Fourth Quarter 2022 of $42.2 Million or $1.32 Per Diluted Share and Annual Earnings of $140.9 Million or $4.39 Per Diluted Share

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

BETHESDA, Md., Jan. 18, 2023 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $42.2 million for the fourth quarter 2022, compared to net income of $37.3 million for the prior quarter and $41.6 million for the year-ago quarter. Net income (basic and diluted) was $1.32 per share for the fourth quarter 2022, compared to $1.16 per share for the prior quarter and $1.30 per share for the year-ago quarter. The increase in earnings of $4.9 million from the third quarter of 2022 (the “prior quarter”) was primarily attributable to the difference created by moving from a provision to the allowance for credit losses to a reversal from the allowance for credit losses, a lower tax provision and higher net interest...

Vimeo December 2022 Monthly Metrics Available on Company’s IR Site

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) — Vimeo posted monthly metrics for December 2022 on the investor relations section of its website at https://www.vimeo.com/investors. About VimeoVimeo (NASDAQ:VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to connect better and bring ideas to life. We proudly serve our growing community of nearly 300 million users — from creative storytellers to globally distributed teams at the world’s largest companies. Learn more at www.vimeo.com. CONTACT: Contacts:Vimeo Communications pr@vimeo.comVimeo IR ir@vimeo.com

Texas Capital Bancshares, Inc. Announces Fourth Quarter and Full Year 2022 Results

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

Fourth quarter 2022 net income of $217.3 million and net income available to common stockholders of $212.9 million, or $4.23 per diluted share Repurchased $65.3 million shares of common stock at tangible book value Completed the sale of BankDirect Capital Finance, LLC recognizing $248.5 million pre-tax gain on sale Record level regulatory capital ratios, including 13.0% CET 1 and 17.7% Total Capital DALLAS, Jan. 18, 2023 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the fourth quarter and full year of 2022. Net income available to common stockholders was $212.9 million, or $4.23 per diluted share, for the fourth quarter of 2022, compared to $37.1 million, or $0.74 per diluted share, for the third quarter of 2022 and $60.8 million, or $1.19...

Preferred Bank Reports Record Quarterly Earnings Again

Written by Customer Service on January 18, 2023. Posted in Earnings Releases And Operating Results.

LOS ANGELES, Jan. 18, 2023 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2022. Preferred Bank (“the Bank”) reported net income of $39.6 million or $2.71 per diluted share for the fourth quarter of 2022. This represents an increase of $13.1 million or 49.7% over the same quarter last year and also an impressive $4.4 million or 12.4% increase over the third quarter of 2022. The primary driver of the increase over both comparable periods was net interest income which increased by 50.0% over the same period last year and increased by 11.0% over the third quarter of 2022. Net income for the year ended December 31, 2022 was $128.8 million or $8.70 per diluted share compared to $95.2 million or $6.41 per diluted share for the...

Patriot drills highest grade lithium drill intercept to date – 156.9 m interval of 2.12% Li2O, including 25.0 m of 5.04% Li2O – at the CV5 Pegmatite, Quebec, Canada

Written by Customer Service on January 18, 2023. Posted in Public Companies.

Figure 1 Drill hole collar locations at the CV5 Pegmatite for holes completed through 2022Table 1 Mineralized drill intercept summary for drill holes reported herein as part of the 2022 summer-fall programFigure 2 High-grade drill core intersection (25.0 m at 5.04% Li2O) in CV22-083 (red box), including 5.0 m at 6.36% Li2O (dashed blue box)Figure 3 Spodumene mineralization in drill hole CV22-083. Gangue minerals include a mix of mica and tourmaline (black flecks) and quartz (smokey-brown)Figure 4 High-grade core from drill hole CV22-083 at ~292 to 295 m depth (core length)Figure 5 Well mineralized spodumene pegmatite intersection from drill hole CV22-074 (16.9 m at 2.00% Li2O), the most westerly drill hole completed to date at the CV5 PegmatiteHighlights Significant Drill InterceptsThe widest, highest grade lithium...

Cashbox Ventures Ltd. Announces Letter of Intent for Proposed Transaction with LiCAN Exploration Inc.

Written by Customer Service on January 18, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) — Cashbox Ventures Ltd. (CSE: CBOX.X) (the “Corporation” or “CashBox“) is pleased to announce that it has entered into a letter of intent with a privately-held lithium exploration company, LiCAN Exploration Inc. (“LiCAN“), dated January 13, 2023 (the “Letter of Intent“) in respect of a proposed transaction whereby CashBox and LiCAN would combine their respective businesses by way of share exchange or asset acquisition (the “Proposed Transaction“). Pursuant to the Letter of Intent, CashBox and LiCAN have a 60 day period of exclusivity to complete their respective due diligence investigations, settle the structure of the Proposed Transaction and negotiate and enter into a definitive agreement (the “Definitive...

RedBird Capital Partners and Blade Air Mobility Strengthen Partnership to Leverage RedBird’s Aviation, Sports and Entertainment Assets to Enhance Blade’s Businesses

Written by Customer Service on January 18, 2023. Posted in Public Companies.

RedBird Increases Ownership Position in Blade to Over 5% Companies will build on 20 years of collaboration between RedBird CEO Gerry Cardinale and Blade CEO Rob Wiesenthal NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) — Blade Air Mobility, Inc. (Nasdaq:BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform and RedBird Capital Partners (“RedBird”) announced today that RedBird has increased its ownership in Blade to more than 5% and that RedBird partner Andrew Lauck will become a board observer. RedBird’s founder, Gerry Cardinale, has been invested in Blade since 2016, and collectively the RedBird and Blade teams have closely collaborated as each has built out its respective aviation business. Blade’s core operations in last mile air mobility, jet charter, and organ transplant flights overlap with RedBird’s...

Union Bankshares Announces Earnings for the three months and year ended December 31, 2022 and Declares Quarterly Dividend

Written by Customer Service on January 18, 2023. Posted in Dividend Reports And Estimates.

MORRISVILLE, Vt., Jan. 18, 2023 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three months and year ended December 31, 2022. Net income was $3.4 million and $12.6 million for the three months and year ended December 31, 2022 resulting in earnings per share of $0.77 and $2.81 for the same periods, respectively. The Board of Directors also declared a cash dividend of $0.36 per share for the quarter, an increase of 2.9% from the cash dividend of $0.35 paid in recent prior quarters, payable February 2, 2023 to shareholders of record as of January 28, 2023. Fourth Quarter Highlights Consolidated net income increased $66 thousand, or 2.0%, to $3.4 million for the fourth quarter of 2022 compared to the fourth quarter of 2021 due to an increase in net interest income of $1.1 million and...

Nokia Corporation: Repurchase of own shares on 18.01.2023

Written by Customer Service on January 18, 2023. Posted in Public Companies.

Nokia CorporationStock Exchange Release18 January 2023 at 21:00 EET Nokia Corporation: Repurchase of own shares on 18.01.2023 Espoo, Finland – On 18 January 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 282,261 4.51CEUX 10,864 4.51AQEU 6,028 4.51TQEX 2,847 4.52Total 302,000 4.51* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...

Exor’s non-executive director Andrea Agnelli will not stand for re-election

Written by Customer Service on January 18, 2023. Posted in Public Companies.

Exor N.V. (“Exor”) has been informed that Andrea Agnelli, a non-executive director of Exor, will not stand for re-election at this year’s annual general meeting of shareholders (the “2023 AGM”). Andrea Agnelli was re-appointed on 20 May 2020 for a term of three years, which term will expire at the close of the 2023 AGM. Exor expresses its sincere thanks to Andrea Agnelli for his valuable contribution to Exor’s Board of Directors.AttachmentExor Press Release – AA announcement

Day: January 18, 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice