Bank holding companies
Princeton Bancorp, the parent company of The Bank of Princeton, announced its unaudited financial results for the quarter ended June 30, 2024, showing a strong performance with a 18.0% increase in net income over the first quarter of 2024. The Company's net interest margin increased to 3.
Bank holding companies
The Bank of Princeton continued its strong financial performance in the second quarter of 2024, with an 18.0% increase in net income compared to the first quarter of 2024. The company's net income was $5.1 million, or $0.80 per diluted common share, for the second
Bank holding companies
Massachusetts-based bank holding company HarborOne Bancorp has announced its second-quarter earnings for 2024, revealing a net income of $7.3 million, or $0.18 per diluted share. This marks a slight increase from the previous quarter's net income of $7.3 million, or $0.17 per diluted share,
Bank holding companies
Western New England Bancorp, the holding company for Westfield Bank, announced its unaudited second quarter 2024 earnings on August 14. The company reported a net income of $3.5 million, or $0.17 per diluted share, for the three months ended June 30, 2024, compared to net income of $2.
Bank holding companies
Oak Valley Bancorp, the holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, reported unaudited consolidated financial results for the second quarter of 2024. The Company's net income was $5,889,000, or $0.71 per diluted share, compared to $5,727,000, or $0.
Bank holding companies
Oak Valley Bancorp, the holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, recently reported unaudited consolidated financial results for the three months ended June 30, 2024. The results show a strong financial performance, driven by growth in the deposit and loan portfolios, as well as an
Bank holding companies
Seacoast Banking Corporation of Florida, a bank holding company and parent of Seacoast National Bank, will release its second quarter 2024 earnings results on July 25th, following the market close. The company will host a conference call on July 26th at 10:00 a.m. Eastern Time to discuss the
Banks (Finance)
The Federal Reserve Board, alongside the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, has finalized a rule aimed at reducing the interconnectedness and mitigating the impact of failure from the largest banking organizations in the US. This move complements existing measures to limit interconnectedness
Banks (Finance)
Janytra Brooks, a 15-year human resources professional, has been promoted to Chief Human Resources Officer at Brookline Bancorp, succeeding Sandra Jenkins who retired on October 1, 2020. The multi-bank holding company for Brookline Bank and Bank Rhode Island, and their subsidiaries Eastern Funding and Macrolease, announced the promotion on October
Banking industry
LSB Bancshares, Inc., the parent company of Lexington State Bank, reported significant increases in earnings and deposits for the first quarter of 1999, with net income reaching $2,258,000, or $.26 per diluted share, a 30% increase from the same period in 1998. The bank's total assets,
Banking industry
The six largest regional banks in the US have reported positive earnings results, driven by improved capital markets and fees from the acquisitions of regional investment banks. According to analysts, a strengthening economy with low inflation has contributed to higher loan growth at regional banks. First Union, Keycorp, BankBoston, National
Banking industry
Alabama National BanCorporation has announced a 20% increase in the company's quarterly cash dividend, with a new rate of $0.18 per share, representing an annual dividend rate of $0.72. This follows four consecutive annual dividend increases since 1995. The dividend is payable to stockholders of record
