Day: October 23, 2023

SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR FIRST QUARTER OF FISCAL 2024; DECLARES QUARTERLY DIVIDEND OF $0.21 PER COMMON SHARE; CONFERENCE CALL SCHEDULED FOR TUESDAY, OCTOBER 24, AT 9:30 AM CENTRAL TIME

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

Poplar Bluff, Missouri, Oct. 23, 2023 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the first quarter of fiscal 2024 of $13.2 million, an increase of $3.5 million or 36.9%, as compared to the same period of the prior fiscal year. The increase was due to increases in net interest income and noninterest income paired with a lower provision for credit loss (“PCL”) expense, partially offset by an increase in noninterest expense. Preliminary net income was $1.16 per fully diluted common share for the first quarter of fiscal 2024, an increase of $0.12 as compared to $1.04 per fully diluted common share reported for the same period of the prior fiscal year. Highlights for the first quarter of fiscal 2024:Earnings...

Timbercreek Financial Declares October 2023 Dividend

Written by Customer Service on October 23, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on November 15, 2023 to holders of Common Shares of record on October 31, 2023. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...

Park National Corporation reports financial results for third quarter and first nine months of 2023

Written by Customer Service on October 23, 2023. Posted in Dividend Reports And Estimates.

NEWARK, Ohio, Oct. 23, 2023 (GLOBE NEWSWIRE) — Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and the first nine months of 2023. Park’s board of directors declared a quarterly cash dividend of $1.05 per common share, payable on December 8, 2023, to common shareholders of record as of November 17, 2023. “In uncertain times, customers and prospects tell us they value predictability, consistency and access to their banker…Park bankers provide all three,” Park Chairman and Chief Executive Officer David Trautman said. “We are pleased to report another quarter of impressive loan growth, which underscores our bankers’ dedication to provide financial solutions that meet the evolving needs of our customers.” Park’s net income for the third quarter of 2023 was $36.9 million,...

First Guaranty Bancshares, Inc. Declares 4th Quarter 2023 Preferred Stock Dividend

Written by Customer Service on October 23, 2023. Posted in Dividend Reports And Estimates.

HAMMOND, La., Oct. 23, 2023 (GLOBE NEWSWIRE) — On October 19, 2023 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) announced that on December 1, 2023, holders of record as of November 15, 2023 (the “Depository Shares Record Date”) of its depositary shares (the “Depositary Shares”), each representing a 1/40th interest in the Corporation’s 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”), will receive a quarterly distribution in the amount of $0.421875 per Depositary Share, resulting from First Guaranty’s declaration of a $16.875 per share of Series A Preferred Stock quarterly cash dividend, which underlies the Depositary Shares. On December 1, 2023, the Series A Preferred Stock dividend will...

Amplify Energy Schedules Third Quarter 2023 Earnings Release and Conference Call

Written by Customer Service on October 23, 2023. Posted in Public Companies.

HOUSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report third quarter 2023 financial and operating results after the U.S. financial markets close on November 6, 2023. Management will host a conference call at 10:00 a.m. CT on November 7, 2023 to discuss the Company’s results. Interested parties are invited to participate in the conference call by dialing (800) 343-5172 (Conference ID: AEC3Q23) at least 15 minutes prior to the start of the call. A replay of the call will be available by phone at (800) 654-1563 (Access Code: 10190845) for a fourteen-day period following the call. About Amplify Energy Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural...

DallasNews Corporation Announces Third Quarter 2023 Financial Results

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

DALLAS, Oct. 23, 2023 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq: DALN) today reported a third quarter 2023 net loss of $1.4 million, or $(0.26) per share, and an operating loss of $1.6 million. In the third quarter of 2022, the Company reported a net loss of $2.6 million, or $(0.48) per share, and an operating loss of $2.3 million. For the third quarter of 2023, on a non-GAAP basis, DallasNews reported an operating loss adjusted for certain items (“adjusted operating loss”) of $0.9 million, an improvement of $0.7 million or 44.8 percent when compared to an adjusted operating loss of $1.6 million reported in the third quarter of 2022. The improvement is primarily due to expense savings of $3.9 million, partially offset by a total revenue decline of $3.2 million. Grant Moise, Chief Executive Officer, said, “In 2023, we have...

Xtant Medical Announces Acquisition of nanOss Production Operations from RTI Surgical

Written by Customer Service on October 23, 2023. Posted in Mergers And Acquisitions.

Expands Xtant’s Manufacturing Capabilities and Capacity to Drive Growth BELGRADE, Mont., Oct. 23, 2023 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced that it has acquired the nanOss production operations from RTI Surgical, Inc., a leading CDMO in regenerative medicine. Under the terms of the purchase agreement, Xtant acquired certain assets, including equipment and inventory, used in RTI’s synthetic bone graft business, and assumed from RTI the lease for the nanOss production facility located in Greenville, NC. The purchase price for the assets was $2 million in cash plus contingent payments based on future sales of next generation nanOss products. Xtant previously acquired nanOss distribution...

Fitell Corporation Announces New CEO to Drive Expansion in Australia and Asia

Written by Customer Service on October 23, 2023. Posted in Public Companies.

Taren Point, New South Wales, Australia, Oct. 23, 2023 (GLOBE NEWSWIRE) — Fitell Corporation (Nasdaq: FTEL) (“Fitell” or the “Company”), an online retailer of gym and fitness equipment in Australia, today announced that Fitell’s board of directors promoted general manager of GD Wellness Pty Ltd (“GD Wellness”), its sole operating subsidiary in Australia, and director, Ms. Yinying “Sam” Lu, to CEO of the Company, effective October 23, 2023. Fitell’s current CEO and director, Mr. Guy Robertson, will step down from the positions of CEO and director due to, his increasing commitments to several other companies and board directorships. A board member since April 2022, Sam Lu has served as General Manager of GD Wellness since April 2017, overseeing procurement, operations, marketing, and financing. Under her leadership,...

Cytokinetics to Announce Third Quarter Results on November 2, 2023

Written by Customer Service on October 23, 2023. Posted in Public Companies.

SOUTH SAN FRANCISCO, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) — Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that it is scheduled to report third quarter results on November 2, 2023 at 4:00 PM Eastern Time. Following the announcement, Cytokinetics’ senior management will host a conference call at 4:30 PM Eastern Time to discuss operational and financial results and the company’s outlook for the future. The conference call will be simultaneously webcast and can be accessed from the Investors & Media section of Cytokinetics’ website at www.cytokinetics.com. The live audio of the conference call can also be accessed by telephone by registering in advance at the following link: Cytokinetics Q3 2023 Earnings Conference Call. Upon registration, participants will receive a dial-in number and a unique passcode to access...

TrustCo’s Home Town Approach to Customer Relationships Propels Loans to All Time High

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

Reports Third Quarter Net Income Of $14.7 million Executive Snapshot:Loan portfolio reaches all-time high:Total loans were up $330.8 million or 7.1% for the third quarter 2023 compared to third quarter 2022 At $5.0 billion as of September 30, 2023, loans continue to set new all-time highsContinued solid financial results:Key metrics for third quarter 2023:Net income of $14.7 million Net interest income of $42.2 million Return on average assets (ROAA) of 0.96% Return on average equity (ROAE) of 9.32% Book value at period end was $32.80, up from $30.89 compared to September 30, 2022Superior asset quality:Nonperforming loans (NPLs) were $17.9 million as of September 30, 2023, down from the same period in the prior year, and continue to remain at low levels NPLs to total loans improved to 0.36% compared to 0.40% at September...

Day: October 23, 2023

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