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Day: October 28, 2024

Citizens Community Bancorp, Inc. Reports Third Quarter 2024 Earnings of $0.32 Per Share; Nine Month 2024 Earnings of $1.07 Per Share

EAU CLAIRE, Wis., Oct. 28, 2024 (GLOBE NEWSWIRE) — Citizens Community Bancorp, Inc. (the “Company”) (Nasdaq: CZWI), the parent company of Citizens Community Federal N.A. (the “Bank” or “CCFBank”), today reported earnings of $3.3 million and earnings per diluted share of $0.32 for the third quarter ended September 30, 2024, compared to $3.7 million and earnings per diluted share of $0.35 for the quarter ended June 30, 2024, and $2.5 million and $0.24 earnings per diluted share for the quarter ended September 30, 2023, respectively. The Company’s third quarter 2024 operating results reflected the following changes from the second quarter of 2024: (1) no loan forbearance interest income in the third quarter compared to $0.2 million in the second quarter; (2) a $1.1 million decrease in negative provision for credit losses to $0.4 million...

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Norwood Financial Corp Announces Third Quarter 2024 Results

Quarterly Highlights:Net interest margin increased 19 basis points vs. the prior quarter and 7 basis points over the prior year. Loans grew at an 8% annualized rate during the 3rd quarter. Capital continues to improve as the negative mark-to-market effect lessens 42% since last year.HONESDALE, Pa., Oct. 28, 2024 (GLOBE NEWSWIRE) — Norwood Financial Corp (Nasdaq Global Market-NWFL) and its subsidiary, Wayne Bank, announced earnings for the three months ended September 30, 2024 of $3.8 million, which was $275 thousand lower than the same three-month period of last year. Net interest income was up by $892 thousand which was offset by increases in operating expense and the provision for credit losses. Earnings per share (fully diluted) were $0.48 in the three months ended September 30, 2024, compared to $0.51 in the same period...

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Territorial Bancorp Inc. Announces Third Quarter 2024 Results

The Company’s tier one leverage and risk-based capital ratios were 11.57% and 29.07%, respectively, and the Company is considered to be “well-capitalized” at September 30, 2024. Ratio of non-performing assets to total assets of 0.11% at September 30, 2024.HONOLULU, Oct. 28, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, reported a net loss of $1,318,000, or $0.15 per diluted share, for the three months ended September 30, 2024. The Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on November 22, 2024, to stockholders of record as of November 8, 2024. Hope Bancorp, Inc. Merger Agreement As previously announced in a joint news release issued April 29, 2024, Hope...

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Purpose Investments Inc. Announces Final October 2024 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

TORONTO, Oct. 28, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final October 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. Due to the recent interest rate cut by the Bank of Canada, the distribution levels for our Canadian cash funds have been proportionately reduced to align with this adjustment. The following table reflects the final distribution amounts for the month of October. Ex-distribution date is October 29, 2024.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4473 10/29/2024 11/04/2024 MonthlyPurpose Cash Management Fund – ETF Units MNY $ 0.3914 10/29/2024 11/04/2024 MonthlyPurpose...

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Vantage Drilling International Ltd. Schedules Third Quarter 2024 Earnings Release Date and Conference Call

Vantage Drilling Q3 2024 Earnings Release Information Dubai, Oct. 28, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. Schedules Third Quarter 2024 Earnings Release Date and Conference Call     DUBAI, October 28, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) today announced that it will host a conference call at 10:00 AM Eastern Time / 4:00 PM Oslo Time / 7:00 PM Dubai Time on November 7, 2024 to discuss operating results for the third quarter of 2024. Vantage will release earnings before the market opens on November 7, 2024. Vantage’s earnings release will be posted to the Vantage website at www.vantagedrilling.com.  To access the conference call, click on the Call Link following the instructions below. Click on the Call Link and complete...

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The World’s First IPO of Universal Autonomous Driving Technology Company! WeRide Officially Listed on Nasdaq

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) — WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol “WRD.” Upon listing, WeRide became the world’s first publicly listed universal autonomous driving technology company and the first publicly listed Robotaxi company. The initial public offering price was set at $15.5 per American depositary share (ADS). If the underwriters fully exercise the granted option, the Company will issue a total of 8,903,760 ADSs. The total proceeds from the public offering, combined with $320 million concurrent private placement, are expected to amount to $458.5 million, assuming the underwriters of the initial public offering fully exercise their option.Tony Han, Founder and CEO of WeRide, stated: “Seven years...

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Lithium Ionic Joins United Nations Global Compact Initiative

TORONTO, Oct. 28, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that it has joined the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. This membership reflects Lithium Ionic’s commitment to advancing the United Nations Sustainable Development Goals (SDGs) and embracing the Ten Principles, which emphasize human rights, labour, environmental responsibility, and anti-corruption practices. As a member of this global network of over 25,000 companies, Lithium Ionic reinforces its dedication to addressing key global challenges, including climate action, gender equality, poverty reduction, and biodiversity protection. Participation in the UNGC requires annual reporting on progress, ensuring transparency...

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Amicus Therapeutics to Announce Third Quarter 2024 Financial Results on November 6, 2024

PRINCETON, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq: FOLD) today announced that the Company will host a conference call and live audio webcast on Wednesday, November 6, 2024, at 8:30 a.m. ET to discuss financial results for the third quarter ended September 30, 2024. Participants and investors interested in accessing the call by phone will need to register using the online registration form. After registering, all phone participants will receive a dial-in number along with a personal PIN to access the event. A live audio webcast and related presentation materials can also be accessed via the Investors section of the Amicus Therapeutics corporate website at ir.amicusrx.com. Web participants are encouraged to register on the website 15 minutes prior to the start of the call. An archived webcast and accompanying...

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Krystal Biotech to Report Third Quarter 2024 Financial Results on November 4, 2024

PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) — Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS), a commercial-stage biotechnology company, today announced that it will report its third quarter 2024 financial results on Monday, November 4, 2024, prior to the open of U.S. markets. The Company’s management will also host a conference call and webcast at 8:30 am ET on Monday, November 4, 2024, to discuss the financial results and provide a business update. Investors and the general public can access the live webcast at: https://www.webcaster4.com/Webcast/Page/3018/51458. For those unable to listen to the live webcast, a replay will be available for 30 days on the Investors section of the Company’s website at www.krystalbio.com. About Krystal Biotech, Inc.Krystal Biotech, Inc. (NASDAQ: KRYS) is a commercial-stage biotechnology company...

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