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Month: July 2023

Oak Ridge Financial Services, Inc. Announces Second Quarter 2023 Results and Quarterly Cash Dividend of $0.10 Per Share

OAK RIDGE, N.C., July 31, 2023 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the second quarter of 2023 and a quarterly cash dividend of $0.10 per common share. Second Quarter 2023 Performance and AccomplishmentsEarnings per share of $0.54, compared to $0.47 in the linked quarter and $0.63 for the second quarter of 2022. Return on equity of 10.84%, compared to 9.62% in the linked quarter and 13.52% for the second quarter of 2022. Dividends declared per common share of $0.10, unchanged from the linked quarter and up from $0.08 for the second quarter of 2022. Tangible book value per common share of $20.14 as of period end, compared to $19.94 at the end of the linked quarter and...

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Diamondback Energy, Inc. Announces Second Quarter 2023 Financial and Operating Results; Increases Base Dividend

MIDLAND, Texas, July 31, 2023 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2023. SECOND QUARTER 2023 HIGHLIGHTSAverage production of 263.1 MBO/d (449.9 MBOE/d) Net cash provided by operating activities of $1.51 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $1.26 billion Cash capital expenditures of $711 million Free Cash Flow (as defined and reconciled below) of $547 million Increasing annual base dividend by 5% to $3.36 per share; declared Q2 2023 base cash dividend of $0.84 per share payable on August 17, 2023; implies a 2.3% annualized yield based on July 28, 2023 closing share price of $145.64 Repurchased 2,427,880 shares of common stock in...

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Bay Community Bancorp Earns $1.85 Million in Second Quarter 2023; Declares Quarterly Cash Dividend of $0.05 Per Share

OAKLAND, Calif., July 31, 2023 (GLOBE NEWSWIRE) — Bay Community Bancorp, (OTCPink: CBOBA) (the “Company”), parent company of Community Bank of the Bay, (the “Bank”) a San Francisco Bay Area commercial bank and California’s first certified Community Development Financial Institution (“CDFI”) with full-service offices in Oakland, Danville and San Mateo, today reported earnings of $1.85 million for the second quarter of 2023, compared to $1.84 million for the second quarter of 2022. The completion of a $119.4 million perpetual preferred stock investment from the U.S. Treasury Department in June 2022, and its initial deployment into short term Treasury securities contributed to profitability for the second quarter of 2023. All financial results are unaudited. The Company’s Board of Directors declared a quarterly cash dividend of $0.05...

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Peak Bancorp, Inc. Announces Q2 2023 Results

MCCALL, Idaho, July 28, 2023 (GLOBE NEWSWIRE) — Peak Bancorp, Inc., (the Company) (OTC: IDFB), the holding company for Idaho First Bank (the Bank), today announced unaudited financial results for the quarter ending June 30, 2023. Chief Executive Officer Todd Cooper commented, “In Q2 2023 our financial performance continues to reflect the terrific work our entire team has done building quality relationships with our bank customers. Continued non-interest expense discipline offset the impact of increasing deposit costs on Net Interest Income. Compared to prior quarter net income after tax decreased slightly impacted by a higher Allowance for Credit Loss reflecting the continued growth in our loan portfolio.”    First Half 2023 vs. First Half 2022Net Interest Income increased 25% from $8.87 million to $11.06 million as a result...

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Pennant Announces Second Quarter 2023 Earnings Release and Call

EAGLE, Idaho, July 28, 2023 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its second quarter 2023 financial results on Tuesday, August 8, 2023. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Wednesday, August 9, 2023, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time), during which Pennant’s management will discuss its second quarter 2023 results. To listen to the webcast, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investor Relations section of our website at http://investor.pennantgroup.com. The webcast will be recorded, and will be available for...

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Itaú Chile Announces Second Quarter 2023 Management Discussion & Analysis Report

SANTIAGO, Chile, July 28, 2023 (GLOBE NEWSWIRE) — ITAÚ CHILE (NYSEE ITCL; SSE: ITAUCL) announced today its Management Discussion & Analysis Report (“MD&A Report”) for the first quarter ended Jun 30, 2023. On Wednesday, Aug 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Chile Chief Executive Officer; Rodrigo Couto, Itaú Chile Chief Financial Officer and Matias Valenzuela, Head of Corporate Strategy & Financial Planning. Investor Relations – Itaú Chile +56 (2) 2660-1751 / IR@itau.cl  

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HII Successfully Completes Acceptance Trials for Calhoun (WMSL 759)

WMSL 759 Builder’s Trials Calhoun (WMSL 759) pictured in the Gulf of Mexico during builder’s trials in June 2023. Calhoun is the 10th NSC to be constructed at HII’s Ingalls Shipbuilding division.PASCAGOULA, Miss., July 28, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division announced today the successful completion of acceptance sea trials for the U.S. Coast Guard‘s newest national security cutter, Calhoun (WMSL 759). During the trial, the ship spent time proving the ship’s systems including performing numerous tests in the areas of propulsion, electric plant, and mission systems. “Our joint Ingalls and Coast Guard team has completed another successful sea trial, and I am pleased to say NSC 10 performed well,” Ingalls Shipbuilding President Kari Wilkinson said. “Our shipbuilders are now one step closer...

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First National Bank Alaska Declares Dividend For Third Quarter 2023

ANCHORAGE, Alaska, July 28, 2023 (GLOBE NEWSWIRE) — At the Board of Directors Meeting held July 27, 2023, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share, payable on September 15, 2023, to shareholders of record as of September 1, 2023. Cheri GillianSecretary to the Board of Directors907-777-3409www.FNBAlaska.com

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Canacol Energy Ltd. To Announce Second Quarter 2023 Financial Results on Thursday, August 10, 2023; Hold Conference Call on Friday, August 11, 2023

CALGARY, Alberta, July 28, 2023 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) will announce its second quarter 2023 financial results on Thursday, August 10, 2023, after the market closure. Senior Management will hold a Conference Call to discuss results on Friday, August 11, 2023, at 8:00 a.m. MST / 10:00 a.m. EST. The conference call may be accessed by dial in or via webcast:Pre-register for the Conference Call: https://dpregister.com/sreg/10181515/fa1851b734Dial In Toll Free: 1-844-784-1724Participant International Dial In: 1-412-317-6716Canada Toll Free: 1-866-450-4696Colombia Toll Free 01800-9-156803UK Toll Free: 08082389064Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=P55pKZvb   All...

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OKYO Pharma Announces Proposed Public Offering of Ordinary Shares

LONDON and NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) — OKYO Pharma Limited (Nasdaq: OKYO) (“OKYO” or the “Company”), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (DED) to address the significant unmet need in this multi-billion-dollar market, today announced that it intends to offer to sell its ordinary shares in an underwritten public offering. All of the ordinary shares are to be sold by the Company. The Company expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the number of ordinary shares sold in this offering to cover over-allotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. ThinkEquity...

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