Day: July 27, 2023

Diluted EPS of $0.52, ROAA of 1.34%, and ROAE of 12.30% for 2Q 2023 ROCKVILLE, Md., July 27, 2023 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $7.3 million, or $0.52 per diluted share, for the second quarter 2023, compared to net income of $9.7 million, or $0.68 per diluted share, for the first quarter 2023 and $11.5 million, or $0.80 per diluted share, for the second quarter 2022. Total average deposits increased $110.4 million, or 25.0% annualized, the average loan portfolio grew $50.3 million and the net interest margin of 6.63% for the second quarter 2023 remained stable when compared to 6.65% for the first quarter 2023. Adjusted net interest margin (excluding credit card and SBA-PPP loans)...

INDIANAPOLIS, July 27, 2023 (GLOBE NEWSWIRE) — Today the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) declared its second quarter 2023 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 7.50% and 2.50%, respectively. The higher dividend rate on activity-based stock reflects the Board’s discretion under the Bank’s capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs. “We are pleased to continue our strong financial performance into 2023, which has enabled the Board to continue to declare higher dividends and the Bank to allocate higher required and voluntary amounts to its affordable housing and community investment initiatives, which continue to total at least 12.5% of...

ATLANTA, July 27, 2023 (GLOBE NEWSWIRE) — The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a second quarter 2023 cash dividend at an annualized rate of 6.97 percent. “The Bank remains focused on reliably meeting the liquidity needs of our members in all market environments,” said FHLBank Atlanta Chair of the Board, Thornwell Dunlap. “We are proud of our financial performance in the second quarter and pleased to deliver this dividend to our members.” The dividend payout will be calculated based on members’ capital stock held during the second quarter of 2023 and will be credited to members’ daily investment accounts at the close of business on August 2, 2023. If you have questions, please contact FHLBank Atlanta’s Funding Desk at 1.800.536.9650, ext. 8011. About FHLBank AtlantaFHLBank...

TORONTO, July 27, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final July 2023 distribution rate for Purpose Cash Management Fund and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts. Ex-distribution date is July 28, 2023.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose Cash Management Fund – ETF Units MNY $0.3858 07/28/2023 08/08/2023 MonthlyPurpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4114 07/28/2023 08/08/2023 MonthlyAbout Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $17 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative...

Third Fiscal Quarter Performance HighlightsNet Income: Net income for the quarter ended June 30, 2023 totaled $3.1 million or $0.42 per diluted share (including Series A preferred shares), inclusive of a $0.3 million tax related adjustment and temporary increase in the effective tax rate for the quarter, resulting from increased business in other states, coupled with lower projected pre-tax income. Net income for the quarter ended March 31, 2023 totaled $3.2 million or $0.43 per diluted share (including Series A preferred shares). Pre-tax income for the quarter ended June 30, 2023 totaled $4.4 million, an increase of $0.2 million or 6% versus net income of $4.1 million reported for the quarter ended March 31, 2023. Strong Liquidity Position: At June 30, 2023, liquidity sources, which includes cash and unencumbered securities and secured...

London, July 27, 2023 − The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the second quarter of 2023 of US$ 0.331 per ordinary share. Details relating to the second quarter 2023 interim dividendPer ordinary share Q2 2023Shell Shares (US$) 0.331Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling. The pound sterling and euro equivalent dividend payments...