Day: April 25, 2024

Parker Increases Quarterly Cash Dividend 10% to $1.63 per Share

Written by Customer Service on April 25, 2024. Posted in Dividend Reports And Estimates.

CLEVELAND, April 25, 2024 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of May 10, 2024. The dividend is payable June 7, 2024. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.48 per common share and will be the 296th consecutive quarterly dividend paid by the company. “Consistently increasing our annual dividend, a record that now stands at 68 consecutive fiscal years, remains an important priority,” said Jenny Parmentier, Chairman and Chief Executive Officer. “Our strong cash flow generation along with strategic capital deployment continues to create many opportunities for us to...

RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending March 31, 2024

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

RBAZ Starts 2024 Strong; Earnings up 54% Over Prior Year Quarter PHOENIX, April 25, 2024 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $713,000, or $0.40 per share, for the quarter ended March 31, 2024 as compared to a consolidated net income of $462,000, or $0.26 per share, for the quarter ended March 31, 2023. President and CEO Brian Ruisinger stated “I am pleased with our strong Q1 earnings performance reflecting an increase over 50% from a year ago primarily due to increased net interest income. We were able to increase pricing on our earning assets while cost of funds stabilized as a result of the recent pauses by the Federal Reserve. Our liquidity position also strengthened during the quarter; a...

Codorus Valley Bancorp, Inc. Reports First Quarter 2024 Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

First quarter net income of $4.3 million compared to net income of $7.0 million in the quarter ended March 31, 2023, and $5.5 million in the quarter ended December 31, 2023;Net interest margin of 3.34% for the quarter ended March 31, 2024, a 66-basis point decrease from the net interest margin of 4.00% for the quarter ended March 31, 2023;Tier 1 leverage capital ratio of 10.80% for the quarter ending March 31, 2024, a 60-basis point increase from the tier 1 leverage capital ratio of 10.20% for the quarter ending March 31, 2023;Year-to-date efficiency ratio of 73.91%; return on average assets of 0.77%; and return on equity of 8.48%;Cash dividend of $0.17 per common share payable on May 14, 2024, to common stock holders of record on May 7, 2024.On December 12, 2023, Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) and Orrstown Financial...

BUSINESS FIRST Bancshares, INC. to acquire OAKWOOD BANCSHARES, INC. AND OAKWOOD BANK

Written by Customer Service on April 25, 2024. Posted in Mergers And Acquisitions.

b1BANK to Accelerate the Growth of its Dallas Market Presence BATON ROUGE, La., April 25, 2024 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (NASDAQ: BFST) (“Business First” or the “Company”), the holding company for b1BANK, today announced that it entered into a definitive agreement to acquire Oakwood Bancshares, Inc. and its wholly-owned bank subsidiary, Oakwood Bank (together, Oakwood), in an all-stock transaction for total consideration value of approximately $85.7 million based on the Company’s closing price of $21.57 per share on April 22, 2024. Once completed, it is expected that the acquisition would increase the Company’s consolidated total assets to approximately $7.4 billion, with over $5.6 billion in consolidated total loans. As of December 31, 2023, Oakwood Bank reported total assets of $843 million, total deposits...

Bel Reports First Quarter 2024 Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., April 25, 2024 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2024. First Quarter 2024 Highlights• Net sales of $128.1 million compared to $172.3 million in Q1-23• Gross profit margin of 37.5%, up from 31.1% in Q1-23• Net earnings of $15.9 million versus $14.6 million in Q1-23• Adjusted EBITDA of $24.5 million (19.2% of sales) as compared to $28.1 million (16.3% of sales) in Q1-23• Repurchased 109,000 shares of Bel stock at an aggregate cost of $6.3 million through March 31, 2024“We are pleased with our Q1 results, achieving a higher than anticipated level of profitability on a lower sales volume from...

Phillips Edison & Company Reports First Quarter 2024 Results and Affirms Full Year Earnings Guidance

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

CINCINNATI, April 25, 2024 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended March 31, 2024 and affirmed full year 2024 earnings guidance. For the three months ended March 31, 2024, net income attributable to stockholders was $17.7 million, or $0.14 per diluted share. Highlights for the First Quarter Ended March 31, 2024Reported Nareit FFO of $80.1 million, or $0.59 per diluted share Reported Core FFO of $81.7 million, or $0.60 per diluted share Affirmed 2024 Nareit FFO and Core FFO guidance ranges of $2.34 to $2.41 per diluted share and $2.37 to $2.45 per diluted share, respectively The midpoint of full year 2024...

Ultragenyx to Host Conference Call for First Quarter 2024 Financial Results and Corporate Update

Written by Customer Service on April 25, 2024. Posted in Public Companies.

NOVATO, Calif., April 25, 2024 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel products for serious rare and ultrarare genetic diseases, today announced that it will host a conference call at 5:00 p.m. ET on Thursday, May 2, 2024, to discuss its financial results and corporate update for the quarter ending March 31, 2024. The live and replayed webcast of the call will be available through the company’s website at https://ir.ultragenyx.com/events-presentations. To participate in the live call, please register by clicking on the following link (registration link) and you will be provided with dial-in details. The replay of the call will be available for 3 months. About Ultragenyx Pharmaceutical Inc.Ultragenyx is a biopharmaceutical...

Red River Bancshares, Inc. Reports First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Public Companies.

ALEXANDRIA, La., April 25, 2024 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the first quarter of 2024. Net income for the first quarter of 2024 was $8.2 million, or $1.16 per diluted common share (“EPS”), a decrease of $104,000, or 1.3%, compared to $8.3 million, or $1.16 EPS, for the fourth quarter of 2023, and a decrease of $1.4 million, or 14.7%, compared to $9.6 million, or $1.33 EPS, for the first quarter of 2023. For the first quarter of 2024, the quarterly return on assets was 1.07%, and the quarterly return on equity was 10.77%. First Quarter 2024 Performance and Operational Highlights In the first quarter of 2024, the Company had a consistent net interest margin and consistent earnings,...

Cansortium Schedules Fourth Quarter 2023 Conference Call for Monday, April 29 at 4:30 P.M. ET

Written by Customer Service on April 25, 2024. Posted in Public Companies.

TAMPA, Fla., April 25, 2024 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, will hold a conference call to discuss its financial and operating results for the fourth quarter and full year ended December 31, 2023. The Company will issue a press release with its results prior to the call. Cansortium management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call by emailing investors@cansortiuminc.com. Date: Monday, April 29, 2024Time: 4:30 p.m. Eastern timeToll-free dial-in number: (800) 319-4610International dial-in number: (604) 638-5340Conference ID: 10023399Link: Cansortium Conference Call Please...

Cerence to Announce Fiscal Second Quarter Results on May 9, 2024

Written by Customer Service on April 25, 2024. Posted in Public Companies.

BURLINGTON, Mass., April 25, 2024 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2024 on Thursday, May 9, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by dialing +1.888.596.4144 for U.S. and Canada or +1.646.968.2525 for international and then entering the conference ID 3095543#. Webcast access will be available in the Investor Information section of the company’s website at www.cerence.com. The webcast replay will be available on the company’s website at www.cerence.com...

Day: April 25, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice