Securities law
Community Trust Bancorp, Inc. has taken a positive step by increasing its quarterly cash dividend to $0.53 per share, marking a 12.8% hike. This decision reflects the company's commitment to delivering value to its shareholders. The dividend will be paid out on October 1, 2025, to
Securities law
First Guaranty Bancshares, Inc., a Louisiana-based bank holding company, has filed a Current Report (Form 8-K) with the U.S. Securities and Exchange Commission (SEC) on July 21, 2025, disclosing details of its quarterly preferred stock dividend. According to the report, holders of record as of August 15, 2025, will
Banking industry
Huntington Bancshares Incorporated, a $208 billion asset regional bank holding company, reported a net income of $536 million for the 2025 second quarter, representing an increase of $9 million, or 2%, from the prior quarter, and an increase of $62 million, or 13%, from the year-ago quarter. The company'
Chairpersons
President Bola Ahmed Tinubu's recent appointment of Muhammad Babangida as Chairman of the Bank of Agriculture marks a significant shift in the agency's leadership. This move is part of a broader effort to revitalize key government agencies and enhance service delivery. With a wealth of experience
Banking industry
Community Trust Bancorp, Inc., a leading financial institution based in Pikeville, Kentucky, has announced its financial results for the second quarter 2025. The company achieved record earnings of USD24.9 million, or USD1.38 per basic share, marking a significant increase from the first quarter 2025 and second quarter 2024.
Banking industry
Unity Bancorp, Inc., the parent company of Unity Bank, has reported record-breaking net income of $16.5 million, or $1.61 per diluted share, for the quarter ended June 30, 2025, compared to net income of $11.6 million, or $1.13 per diluted share for the quarter ended March
Stock exchanges
Glen Burnie Bancorp, a community bank based in Maryland, has announced the departure of its Chief Financial Officer, Jeffrey D. Harris, who will retire on June 30, 2025. The company has commenced a search for a new Chief Financial Officer and has appointed Mark C. Hanna, its President and Chief
Stock exchanges
First Mid Bancshares, Inc., a leading financial institution, has terminated its previously authorized stock repurchase plan, effective June 30, 2025. In its place, the company's Board of Directors has authorized a new stock repurchase program, allowing for the repurchase of up to 1,200,000 shares of its
Stock exchanges
Citizens Community Bancorp Inc. recently filed a Form 8-K report with the U.S. Securities and Exchange Commission detailing the results of its 2025 Annual Meeting. The meeting saw an overwhelming turnout, with a total of 9,989,536 shares of common stock eligible to vote. The outcomes of the
Stock exchanges
Community Trust Bancorp, Inc., a financial institution based in Kentucky, has announced the retirement of one of its directors and the appointment of a new committee chair. Franklin H. Farris, Jr., who had been serving as the Chairman of the Audit and Asset Quality Committee, has retired from the Board
Chairpersons
The Association of Bankers Bangladesh (ABB), the premier platform of top banking professionals, has announced the election of Mashrur Arefin as its new chairman and Mohammad Ali as vice chairman. This change in leadership comes after the resignation of former ABB chairman Selim RF Hussain, who stepped down as managing
Chairpersons
Dangote Sugar Refinery Plc, a leading sugar manufacturer in Nigeria, has appointed Arnold Ekpe as its new board chairman, replacing Aliko Dangote after 20 years of leadership. Ekpe brings a decade-long experience in the banking and finance sector, having served in various leadership roles across several prominent institutions, including Ecobank
