Tác giả: GLOBENEWSWIRE
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent affiliate of Natixis, today announced a significant expansion of its Financial Institutions Group with the hiring of Juan Guzman as a Partner, and Faiz Vahidy and Matthew Cornish as Managing Directors. The trio previously worked at Houlihan Lokey and will now collaborate with their former colleague Arik Rashkes, who started at Solomon in December as Head of the recently formed Financial Institutions Group. “Collectively Juan, Faiz and Matt represent a meaningful step toward rapidly building out our Financial Institutions practice. They each have…
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — Valentine’s Day is often seen as the ultimate celebration of love—but does it always have to come with a price tag? Some couples splurge on extravagant dinners and lavish gifts, while others are rethinking whether you need to break the bank to show you care. A 2024 survey by Leger found that nearly half of Canadians spend money on gifts, 40 per cent on dining out, and yet 87 per cent believe the holiday is overly commercialized. “Money and love don’t have to go hand-in-hand,” says Li Zhang, financial literacy leader at CPA…
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Array, a leading embedded consumer products platform, in partnership with industry expert Ron Shevlin and Cornerstone Advisors, announced today the release of research exposing key disparities between banking industry perceptions and reality—along with the financial impact of these misconceptions. The study, Billions Lost: The Cost of Bankers’ Myths About Americans’ Finances, collected insights from 2,500 US adults, recruited to be representative of the US adult population. The report examined generational behavioral trends, focusing on consumer expectations for financial institution offerings and the fintech tools different cohorts are investing in. “Over the years,…
GLEN BURNIE, Md., Feb. 06, 2025 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net loss of $39,000, or -$0.01 per basic and diluted common share, for the three-month period ended December 31, 2024, compared to net income of $167,000, or $0.06 per basic and diluted common share, for the three-month period ended December 31, 2023. Bancorp reported a net loss of $112,000, or -$0.04 per basic and diluted common share, for the twelve-month period ended December 31, 2024, compared to net income of $1.4 million,…
BELO HORIZONTE, Brazil, Feb. 06, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 36 million customers, today reported financial results for the fourth quarter of 2024. 2024 Highlights: Record Net Income of R$ 973 million in 2024, 3 times greater than 2023.Total Net Revenue of R$ 6.4 billion, up 35% YoY, while Total Gross Revenues surpassed the mark of R$ 10 billion in 2024.Net Interest Margin of 9.7% in 4Q24, up from 9.0% in the same period of 2023.Net fee revenues of over R$…
SAO PAULO, Feb. 05, 2025 (GLOBE NEWSWIRE) — Cash is king and no business can survive without it. Quoting Warren Buffet: “Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent”. With this principle in mind, Neofin’s mission is to transform the embarrassing process of Accounts Receivable (getting paid) into an efficient flow through technology and Artificial Intelligence. The company announced a US$7MM seed round, led by Quona and Upload Ventures. Founded in 2023 by Laura Camargo, Arthur Cunha, and Leandro Sarmento,…
SOUTHFIELD, Mich., Feb. 05, 2025 (GLOBE NEWSWIRE) — Community Housing Capital (CHC) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today an investment of $750,000 in grant funding designated for John Grace Arms, a project to construct 60 multifamily rental units in Southfield, Michigan. The funding, sourced from FHLBank Atlanta’s Affordable Housing Program (AHP) General Fund and administered through CHC, a member of FHLBank Atlanta, will help address the critical need for affordable housing in the community. Located in the heart of Southfield, John Grace Arms involves the adaptive reuse of a former, historic school building into…
RENO, Nev., Jan. 30, 2025 (GLOBE NEWSWIRE) — Employers Holdings, Inc. (the “Company”) (NYSE:EIG) today announced that it will release its fourth quarter and full-year 2024 financial results after market close on Thursday, February 20, 2025, after which these materials will be available on the Company’s website at www.employers.com through the “Investors” link. Conference Call DetailsThe Company will then review these financial results via a conference call and webcast on Friday, February 21, 2025, at 11:00 a.m. EST / 8:00 a.m. PST. To participate in the live conference call, you must first register here. Once registered you will receive dial-in numbers and a unique PIN number. The…
MIAMI, Jan. 30, 2025 (GLOBE NEWSWIRE) — First American Bank is excited to announce the addition of Stephen Penney as the newest Associate Advisor to its team, furthering the bank’s efforts to build and grow its wealth management business in Florida. Stephen joins the bank from Deutsche Bank, bringing over 8 years of experience in the financial services industry. His deep expertise in wealth management, combined with a passion for client service, will be invaluable as the bank continues to expand its offerings and deliver personalized financial solutions to clients across the state. In his own words, Stephen shared, “I…
FAIRFIELD, N.J., Jan. 30, 2025 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended December 31, 2024 of $6.6 million, compared to $6.1 million for the quarter ended September 30, 2024. Earnings per basic and diluted share were $0.11 and $0.10, respectively, for the quarter ended December 31, 2024. This compares to earnings per basic and diluted share of $0.10 for the quarter ended September 30, 2024. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable…