Day: April 17, 2024

LOGANSPORT, Ind., April 17, 2024 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCBB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended March 31, 2024 of $268,000 or $0.44 per diluted share, compared to earnings in 2023 of $596,000 or $0.98 per diluted share. The Dividends paid to shareholders were $0.45 per share in the first quarter of 2024. Total loans were $168.5 million on March 31, 2024 compared to loans in 2023 of $160.6 million. Deposits were $194.6 million on March 31, 2024 compared to deposits in 2023 of $209.3 million. Total assets on March 31, 2024 were $243.5 million compared to assets in 2023 of $253.8 million. The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which...

ROSEMONT, Ill., April 17, 2024 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record quarterly net income of $187.3 million or $2.89 per diluted common share for the first quarter of 2024, an increase in diluted earnings per common share of 55% compared to the fourth quarter of 2023. Pre-tax, pre-provision income (non-GAAP) totaled a record $271.6 million, up 30% as compared to $208.2 million in the fourth quarter of 2023. Timothy S. Crane, President and Chief Executive Officer, commented, “Following record net income in 2023, we continued our momentum with strong results to start 2024. We leveraged our balanced, multi-faceted business model and position as Chicago’s and Wisconsin’s bank to grow deposits and loans while maintaining our consistent credit standards...

HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) today reported results for the first quarter ended March 31, 2024 and maintained its full year 2024 outlook, as reflected in the table below.(dollars in millions, except per share amounts) Current Full Year 2024 Outlook(a) Full Year 2023 Actual Change % ChangeSite rental revenues $6,370 $6,532 $(162) (2)%Net income (loss) $1,253 $1,502 $(249) (17)%Net income (loss) per share—diluted $2.88 $3.46 $(0.58) (17)%Adjusted EBITDA(b) $4,163 $4,415 $(252) (6)%AFFO(b) $3,005 $3,277 $(272) (8)%AFFO per share(b) $6.91 $7.55 $(0.64) (8)%(a)   Reflects midpoint of full year 2024 Outlook as issued on April 17, 2024 and unchanged from previous full year 2024 Outlook issued on January 24, 2024.(b)   See “Non-GAAP Measures...

Increases 2024 Earnings Guidance Financial and Operating HighlightsNet income attributable to common stockholders of $0.20 per share for the first quarter of 2024 as compared to net loss of $0.63 per share for the same period in 2023. Funds from operations, or FFO, of $3.07 per share for the first quarter of 2024, inclusive of $141.7 million, or $2.02 per share, of gain on discounted debt extinguishment at 2 Herald Square and $5.1 million, or $0.07 per share, of positive non-cash fair value adjustments on a mark-to-market derivative. The Company reported FFO of $1.53 per share for the same period in 2023. The Company is increasing its 2024 FFO guidance range for the year ending December 31, 2024 to FFO per share of $7.35 to $7.65, an increase of $1.45 per share at the midpoint, primarily to reflect gains on discounted debt extinguishments...

DALLAS, April 17, 2024 (GLOBE NEWSWIRE) — Triumph Financial, Inc. (Nasdaq: TFIN) has released its first quarter 2024 financial results. The 1Q 2024 financial results and shareholder letter are available on the Company’s website at tfin.com through the News & Events, Events & Presentations links. Aaron P. Graft, Vice Chairman & CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 9:30 a.m. central time on Thursday, April 18, 2024. The live video conference option may be accessed directly through this link, https://triumph-financial-inc-earnings-q1fy24.open-exchange.net/ or via the Company’s website at tfin.com through the News & Events, Events & Presentations links. Alternatively, a live conference call option is available by dialing...

PHILADELPHIA, April 17, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2024. Management Comments “During the first quarter, we made excellent progress on our 2024 business plan highlighted by achieving 98% of our speculative revenue target based on the midpoint of our guidance,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “We continue to experience positive mark-to-market rental rate increases of 16.9% and 3.3% on an accrual and cash basis as well. In early April, we further strengthened our balance sheet and liquidity position by issuing a $400 million five-year unsecured bond at 8.875%.  The bond proceeds are being used to retire the $335 million outstanding balance on our unsecured bond...

WESTCHESTER, Ill., April 17, 2024 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2024 first quarter financial results for the period ended March 31, 2024, before the market opens Wednesday, May 8, 2024. Jim Zallie, president and chief executive officer and Jim Gray, executive vice president and chief financial officer, will host a conference call May 8 at 8 a.m. CT to discuss the Company’s financial performance. The conference call and accompanying slide presentation will be webcast live at https://ir.ingredionincorporated.com/events-and-presentations. Participants are encouraged to log on to the webcast approximately 10 minutes before the start of the presentation. A replay of the presentation will be available...

Declares Cash Dividend of $0.30 per Share Payable on June 15, 2024 RENO, Nev., April 17, 2024 (GLOBE NEWSWIRE) — Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported operating results for the first quarter ended March 31, 2024, as summarized below:($ in thousands, except per share data and percentages)     Three Months Ended March 31,    2024   2023   IncreaseNet revenue   $ 121,657     $ 116,644     4.3%  Net income     18,275       17,670     3.4%  Adjusted EBITDA (1)   $ 38,548     $ 36,480     5.7%                 Basic EPS   $ 0.95     $ 0.92     3.3%  Diluted EPS (1)   $ 0.93     $ 0.90     3.3%   (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release. CEO Comment ...