Day: July 31, 2023

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...

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...

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...