TORONTO, July 21, 2022 (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 August 15, 2022 to holders of Common Shares of record on July 29, 2022. 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 (the...

ARCHBOLD, Ohio, July 21, 2022 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 second quarter and year-to-date June 30, 2022. 2022 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted):Net income increased 66.0% to a quarterly record of $8.3 million, from $5.0 million Earnings increased 43.2% to $0.63 per basic and diluted share, from $0.44 per basic and diluted share Average shares outstanding increased 16.8% as a result of the Perpetual Federal Savings Bank Acquisition Efficiency rate improved to 50.17% Organic loan growth of 19.9%, excluding PPP loans and loan balances at time of acquisitions Total loans were a record of $2.035 billion and increased 9.6% from $1.857 billion at December 31, 2021 Total assets increased...

DUBUQUE, Iowa, July 21, 2022 (GLOBE NEWSWIRE) — Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, announced its Board of Directors approved a quarterly cash dividend of $0.27 per share of the company’s common stock payable on August 26, 2022, to stockholders of record at the close of business on August 12, 2022. As of June 30, 2022, there were 42,439,439 common shares outstanding listed on the NASDAQ Global Select Market under the symbol HTLF. About HTLFHeartland Financial USA, Inc., operating under the brand name HTLF, is a financial services company with assets of $19.2 billion. HTLF’s banks serve communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. HTLF is committed to its core commercial business, supported...

CALGARY, Alberta, July 20, 2022 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2022. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com. Pulse’s Board of Directors today approved a quarterly dividend of $0.0125 per share. The total of the regular dividend will be approximately $672,000 based on Pulse’s 53,720,317 common shares outstanding as of July 20, 2022, to be paid on August 23, 2022 to shareholders of record on August 15, 2022. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident...

MORRISVILLE, Vt., July 20, 2022 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three and six months ended June 30, 2022 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2022 was $2.9 million, or $0.65 per share, compared to $3.0 million, or $0.67 cents per share, for the same period in 2021, and $5.4 million, or $1.20 per share, for the six months ended June 30, 2022, compared to $5.9 million, or $1.31 per share for the same period in 2021. Second Quarter Highlights Consolidated net income decreased $60 thousand, or 2.0%, to $2.9 million for the second quarter of 2022 compared to the second quarter of 2021 due to a decrease in noninterest income of $974 thousand and an increase of $7 thousand in income tax expense, partially...

Eighth Consecutive Quarter of Sequential Revenue Growth; Fiscal Year 2022 revenue growth of 26.9% over Fiscal Year 2021 Fourth Quarter HighlightsNet sales of $61.6 million were up 22.1% from last year’s fourth quarter with increases in all three business units. Backlog increased to $206.2 million in the fourth quarter versus $175.6 million at the end of the third quarter and $110.0 million at the end of the fourth quarter of last fiscal year. Gross margin was 32.7% of net sales for the fourth quarter of fiscal 2022 versus 32.4% of net sales in the prior year’s fourth quarter. Operating income was $5.0 million for the fourth quarter of fiscal 2022 compared to an operating income of $2.3 million in the fourth quarter of fiscal 2021. A non-cash income tax benefit of $3.5 million for the fourth quarter of fiscal 2022 resulted from the $4.0...

HOUSTON and MIDLAND, Texas, July 20, 2022 (GLOBE NEWSWIRE) — Kinetik Holdings Inc. (NASDAQ: KNTK) (“Kinetik” or the “Company”) today declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the second quarter ended June 30, 2022. The announced quarterly dividend is consistent with prior communications and will be paid on Wednesday, August 17, 2022 to shareholders of record as of close on Friday, August 5, 2022. Kinetik will host its second quarter 2022 results conference call Wednesday, August 10, 2022 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss second quarter results. The Company will issue its earnings release and updated 2022 Guidance after market on Tuesday, August 9, 2022. The text of the earnings release, the accompanying presentation and link to the live webcast will...

EDEN PRAIRIE, Minn., July 20, 2022 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter ended June 30, 2022. Total revenue for the first quarter of fiscal 2023 increased 3% to $7.34 million from $7.15 million for the prior-year quarter. Net income for the first quarter of fiscal 2023 increased 16% to $4.14 million, or $0.86 per diluted share, compared to $3.58 million, or $0.74 per share, for the prior-year quarter. The company also announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable August 31, 2022 to shareholders of record as of August 1, 2022. “We are pleased to report strong earnings growth for the quarter,” said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D. NVE is a leader in the practical commercialization of spintronics,...

Second Quarter 2022 Net Income of $0.67 per Basic Common Share Adjusted to Reflect Two-For-One Forward Stock Split Effective on June 30, 2022 Record Loan Growth of $81 million, or 7.6%, in Second Quarter 2022 1 Non-performing Assets were 0.28% of Total Assets at June 30, 2022 Common Equity Tier 1 and Total Capital Ratios of 12.1% and 13.3%, RespectivelyLAKEVILLE, Conn., July 20, 2022 (GLOBE NEWSWIRE) — Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ Capital Market: “SAL”), the holding company for Salisbury Bank and Trust Company (the “Bank”), announced results for its second quarter ended June 30, 2022. Net income available to common shareholders was $3.8 million, or $0.67 per basic common share, for the second quarter ended June 30, 2022 (second quarter 2022), compared with $3.5 million, or $0.62 per basic common share, for...

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, July 20, 2022 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) is pleased to announce a cash dividend of $0.0171/common share ($0.205/common share on an annual basis) to be paid on August 31, 2022 to the shareholders of record as of July 29, 2022. The dividend is an eligible dividend. The declaration, amount and payment of future cash dividends are subject to the board of directors’ continuing determination that the payment of dividends are in the best interests of the Company, its shareholders and are in compliance with all laws and agreements of the Company applicable...