Month: April 2023

Farmers & Merchants Bancorp, Inc. Reports 2023 First Quarter Financial Results

Written by Customer Service on April 19, 2023. Posted in Earnings Releases And Operating Results.

ARCHBOLD, Ohio, April 19, 2023 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 first quarter ended March 31, 2023. 2023 First Quarter Financial Highlights Include (on a year-over-year basis unless noted):Net interest income before provision for credit losses increased 9.6% to $21.7 million Adopted CECL accounting standards, which led to a one-time adjustment to equity of $3.4 million, net of tax Net income of $6.5 million, compared to $8.1 million Earnings were $0.47 per basic and diluted share, compared to $0.62 per basic and diluted share Total loans increased 24.7% to a record $2.447 billion Organic loan growth of 19.4%, excluding PPP loans and the Peoples-Sidney Financial Corporation acquisition Total assets increased 14.3% to a record $3.07 billion, and...

Century Aluminum Sets Date for First Quarter 2023 Earnings Announcement

Written by Customer Service on April 19, 2023. Posted in Public Companies.

CHICAGO, April 19, 2023 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) will report first quarter 2023 earnings on Monday, May 8, 2023 after the close of market trading. The news release will be issued through GlobeNewswire. The company will hold a follow-up conference call on Monday, May 8, 2023 at 5:00 p.m. Eastern time. The earnings call will be webcast live on the Century Aluminum Company website, located at www.centuryaluminum.com. Plan to begin the registration process at least 10 minutes before the live call is scheduled to begin. A replay of the webcast will be archived and available for replay approximately two hours following the live call. Contact: Peter Trpkovski (investors and media)investorrelations@centuryaluminum.com (312) 696-3132

Vitru Limited to Report First Quarter 2023 Financial Results on May 11, 2023

Written by Customer Service on April 19, 2023. Posted in Public Companies.

FLORIANÓPOLIS, Brazil, April 19, 2023 (GLOBE NEWSWIRE) — Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it will report its first quarter 2023 financial results after the market closes on Thursday, May 11, 2023. Vitru will host a corresponding webcast at 5:00 p.m. Eastern time on that day. 1Q23 Results Presentation(Live webcast in English via Zoom click here)May 11, 20235:00 p.m. EST The event will be webcast live, and the audio and associated slides will be available on the News & Events section of Vitru’s Investor Relations website at https://investors.vitru.com.br. About Vitru Vitru is the leading pure distance learning education group in the postsecondary distance learning market in Brazil. Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid distance learning experience...

Dime Names Ravi Persaud as First Vice President, Associate Group Director

Written by Customer Service on April 19, 2023. Posted in Public Companies.

HAUPPAUGE, N.Y., April 19, 2023 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced today that Ravi Persaud will join the Company as First Vice President, Associate Group Director. His team will be located in Astoria. Most recently, Persaud was with Signature Bank since 2011. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.1 billion in assets and the number one deposit market share among community banks on Greater Long Island (1). Dime Community Bancshares, Inc.Investor Relations Contact:Avinash ReddySenior Executive Vice President – Chief Financial OfficerPhone: 718-782-6200; Ext. 5909Email: avinash.reddy@dime.com (1) Aggregate...

Manhattan Bridge Capital, Inc. Reports First Quarter 2023 Results

Written by Customer Service on April 19, 2023. Posted in Earnings Releases And Operating Results.

GREAT NECK, N.Y., April 19, 2023 (GLOBE NEWSWIRE) — Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended March 31, 2023 was approximately $1,260,000, or $0.11 per share (based on approximately 11.5 million weighted-average outstanding common shares), compared to approximately $1,425,000 or $0.12 per share (based on approximately 11.5 million weighted-average outstanding common shares) for the three months ended March 31, 2022, a decrease of $165,000, or 11.6%. This decrease is primarily attributable to a significant increase in interest expense due to higher LIBOR/SOFR rates relating to the use of the Company’s credit line in order to support its ability to increase loan originations and a special bonus to officers in 2023, partially offset by the increase in interest income. Total...

Eneti Inc. and Transocean Ltd. Announce Intention to Enter into Joint Venture for Offshore Wind Foundation Installation

Written by Customer Service on April 19, 2023. Posted in Public Companies.

MONACO, April 19, 2023 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE: NETI) (“Eneti”) announced the execution of a non-binding memorandum of understanding indicating their intention to form a joint venture company with Transocean Ltd. (NYSE:RIG) (“Transocean”) that will engage in offshore wind foundation installation activities. Transocean has three hundred plus rig-years of experience operating a global fleet of dynamically positioned offshore drilling rigs to a diverse base of energy-producing customers on long-term contracts. Eneti, through Seajacks International Ltd., has installed more than 500 wind turbine foundation components at wind farms including Akita & Noshiro (Japan), Meerwind (Germany), Veja Mate (Germany), and Moray East (Scotland). The establishment and operation of the joint venture are subject to definitive agreements...

National Bank Holdings Corporation Announces Record First Quarter 2023 Financial Results

Written by Customer Service on April 19, 2023. Posted in Earnings Releases And Operating Results.

DENVER, April 19, 2023 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported: For the quarter For the quarter – adjusted(1) 1Q23 4Q22 1Q22 1Q23 4Q22 1Q22Net income ($000’s) $ 40,283 $ 16,721 $ 18,352 $ 40,283 $ 34,546 $ 18,352 Earnings per share – diluted $ 1.06 $ 0.44 $ 0.60 $ 1.06 $ 0.91 $ 0.60 Return on average tangible assets(2) 1.80% 0.77% 1.07% 1.80% 1.55% 1.07% Return on average tangible common equity(2) 20.86% 9.17% 10.31% 20.86% 18.37% 10.31% (1 ) See non-GAAP reconciliations below.(2 ) Ratios are annualized. In announcing these results, Chief Executive Officer...

Crown PropTech Acquisitions Announces Receipt of Notice of Late Filing From NYSE

Written by Customer Service on April 19, 2023. Posted in Mergers And Acquisitions.

NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) — Crown PropTech Acquisitions, a Cayman Islands exempted company (the “Company”), announced that it received a notice from the New York Stock Exchange (the “NYSE”) on April 18, 2023 indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The NYSE informed the Company that, under NYSE rules, the Company will have six months from April 17, 2023 to file the Form 10-K with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-K. If the Company fails to file the Form 10-K before the NYSE’s...

Crown Castle Reports First Quarter 2023 Results, Maintains Outlook for Full Year 2023

Written by Customer Service on April 19, 2023. Posted in Earnings Releases And Operating Results.

Chart 1 Crown Castle International Corp.Chart 2 Crown Castle International Corp.HOUSTON, April 19, 2023 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) today reported results for the first quarter ended March 31, 2023 and maintained its full year 2023 outlook, as reflected in the table below.(dollars in millions, except per share amounts) Current Full Year 2023 Outlook(a) Full Year 2022 Actual Change % Change Site rental revenues $6,511 $6,289 $222 4% Net income (loss) $1,636 $1,675 $(39) (2)% Net income (loss) per share—diluted $3.76 $3.86 $(0.10) (3)% Adjusted EBITDA(b) $4,472 $4,340 $132 3% AFFO(b) $3,319 $3,200 $119 4% AFFO per share(b) $7.63 $7.38 $0.25 3% (a) As issued on April 19, 2023 and unchanged from the previous full year 2023 Outlook issued on...

Eagle Bancorp, Inc. Announces Net Income for First Quarter 2023 of $24.2 Million or $0.78 per Diluted Share

Written by Customer Service on April 19, 2023. Posted in Earnings Releases And Operating Results.

BETHESDA, Md., April 19, 2023 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $24.2 million for the first quarter 2023, compared to net income of $42.2 million for the fourth quarter 2022 (the “prior quarter”) and $45.7 million for the first quarter 2022 (the “year ago quarter”). Net income was $0.78 per share (basic and diluted) for the first quarter 2023, compared to $1.32 per share (basic and diluted) for the prior quarter, and $1.43 per share (basic) and $1.42 per share (diluted) for the year-ago quarter. The $18.0 million decrease in earnings from the prior quarter was primarily attributable to the decrease in net interest income and a higher provision for credit losses. The decrease...

Month: April 2023

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