Day: February 6, 2023

Record Annual Earnings, Strong Financial Ratios, Asset Quality LYNCHBURG, Va., Feb. 06, 2023 (GLOBE NEWSWIRE) — Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced unaudited results of operations for the three month and 12 month periods ended December 31, 2022. The Bank serves Region 2000 (the greater Lynchburg MSA), and the Blacksburg, Charlottesville, Harrisonburg, Lexington, Roanoke, and Wytheville, Virginia markets. Net income for the three months ended December 31, 2022 was a record $1.95 million or $0.42 per basic and diluted share compared with $1.86 million or $0.39 per basic and diluted share for the three...

Company reports EPS of $17.40, Economic EPS of $7.28 in fourth quarter EPS of $25.35, Economic EPS of $20.14 for the full year 2022Net Income (controlling interest) of $1.1 billion includes $576 million gain* on BPEA transaction, Economic Net Income of $802 million 10% full-year Economic Earnings per share growth reflects strong Affiliate investment performance and strategic execution Repurchased $475 million in common stock in 2022; entered into a $225 million accelerated share repurchase program at year-end  WEST PALM BEACH, Fla., Feb. 06, 2023 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the fourth quarter and full year 2022. Jay C. Horgen, President and Chief Executive Officer of AMG, said:“AMG delivered 10% growth in full-year Economic Earnings per...

FORT MYERS, Fla., Feb. 06, 2023 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2022, the highlights of which are as follows:Company reports net loss attributable to Alico, Inc. common stockholders of $3.2 million and EBITDA of $0.9 million for fiscal quarter. After adjusting for certain non-recurring items, Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $6.3 million and Adjusted EBITDA of ($3.4) million.During the fiscal quarter ended December 31, 2022, the Company sold approximately 609 acres of the Alico Ranch to several third parties for approximately $3.3 million.Overall box production for the Early and Mid-Season crop will be lower than prior year production, as we accelerated the...