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East West Bancorp Reports Earnings for Second Quarter of 2025, With Record Quarterly Revenue and Net Interest Income
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the second quarter of 2025. Second quarter 2025 net income was $310 million or $2.24 per diluted share. Total loans and deposits both reached new records as of June 30, 2025, at $55.0 billion and $65.0 billion respectively. Return on average common equity was 15.4% and the total stockholders’ equity to assets ratio was 10.
LCNB Corp. Reports Financial Results for the Three and Six Months Ended June 30, 2025
LEBANON, Ohio--(BUSINESS WIRE)--LCNB Corp. ("LCNB") (NASDAQ: LCNB) today announced financial results for the three and six months ended June 30, 2025. Commenting on the financial results, LCNB President and Chief Executive Officer, Eric Meilstrup said, “LCNB delivered a strong second quarter, reflecting continued momentum across our core operations and the success of our multi-year growth strategies. Second-quarter net interest margin expanded year-over-year by 61 basis points as a result of pr
FVCBankcorp, Inc. Announces Sixth Consecutive Quarter of Improved Earnings; Return on Average Assets 1.02% for the Second Quarter of 2025
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. Announces Sixth Consecutive Quarter of Improved Earnings;
Return on Average Assets 1.02% for the Second Quarter of 2025
NIRI Chicago Elects 2025-2026 Officers and Directors
CHICAGO--(BUSINESS WIRE)--The Chicago chapter of NIRI has elected 12 officers and directors to its board for the 2025-2026 term.
First Trust Announces a 1-for-5 Reverse Share Split for FT Confluence BDC & Specialty Finance ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees (the “Board”) of First Trust Exchange-Traded Fund VIII (the “Trust”), on behalf of FT Confluence BDC & Specialty Finance ETF (the “Fund”), an actively-managed exchange-traded fund (NYSE Arca: FBDC), approved a 1-for-5 reverse share split. The reverse share split will result in every five outstanding shares of the Fund being converted into one share of the Fund, with any resulting fra
Pandion Optimization Alliance Celebrates Excellence at 3rd Annual GOAT Awards Amidst Their 100 Year Anniversary
OLD TOWN ALEXANDRIA, Va.--(BUSINESS WIRE)--Pandion Optimization Alliance, a leader in group purchasing optimization, recently hosted its third annual GOAT (Greatest of All Time) Awards ceremony at the Hummingbird Kitchen and Bar in Old Town Alexandria, VA. The event, held during Premier Inc's Breakthroughs25 conference, celebrated the outstanding achievements and partnerships that have driven success in the GPO space over the past year. Travis Heider, President and CEO of Pandion, spoke at the
REPL BREAKING NEWS: Replimune Group, Inc. Stock Plummets 75% after FDA Response Letter – BFA Law Announces Securities Fraud Investigation and Urges Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)---- $REPL #Attorney--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Replimune Group, Inc. (NASDAQ: REPL) for potential violations of the federal securities laws. If you invested in Replimune, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/replimune-group-class-action-lawsuit. Why is Replimune being Investigated? Replimune is a clinical-stage biotechnology company focused on developing
State of Oregon Invests in Meriwether Group Capital’s Hero Fund Following Third-Party Review
PORTLAND, Ore.--(BUSINESS WIRE)---- $FNWB #accreditedinvestors--The State of Oregon invested $3M in Meriwether Group Capital’s Hero Fund after a comprehensive diligence process led by Meketa Investment Group.
2025 U.S. Latino GDP Grows to $4 Trillion; The World’s Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by The End of The Decade
LOS ANGELES--(BUSINESS WIRE)-- #Elevatelatinos--The Latino Donor Collaborative (LDC), a think tank dedicated to producing research that highlights economic opportunities for growth, has released its eagerly anticipated 2025 Official LDC U.S. Latino GDP Report™ – Part One, available for download. The eighth edition of the report highlights the unprecedented growth of the U.S. Latino cohort, outpacing national growth rates in numerous economic indexes, workforce participation, entrepreneurship, and educational att
Attorney and Safety Advocate Amy Witherite Calls for Urgent Reform After Fatal Kaufman County Truck Crash
DALLAS--(BUSINESS WIRE)--Following a devastating truck crash in Kaufman County that claimed the lives of six people, nationally recognized trial attorney and trucking safety advocate Amy Witherite is calling for sweeping reforms in trucking regulation and enforcement. Witherite, founder of the Witherite Law Group, says the tragedy highlights dangerous gaps in the federal oversight of the trucking industry. “This accident is not an isolated event—it’s a glaring example of how weak and inconsiste
Lloyds Banking Group and NCR Atleos Advance Branch Modernization with New Technology
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Lloyds Banking Group has chosen Atleos’ ATM as a Service (ATMaaS) proposition and latest technology, to introduce exciting branch modernization into its Manchester and Glasgow flagship locations. Lloyds Banking Group is the largest UK-based retail and commercial financial services provider. Aiming
NEOG BREAKING NEWS: A Securities Fraud Class Action has been filed against Neogen Corporation -- Investors are Notified to Contact BFA Law to Potentially Recover Investment Losses
NEW YORK--(BUSINESS WIRE)---- $NEOG #Attorney--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Neogen Corporation (NASDAQ: NEOG) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Neogen, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/neogen-corporation-class-action-lawsuit. Investors have until September 16, 2025, to ask th
AM Best Affirms Credit Ratings of Cavello Bay Reinsurance Limited
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) of Cavello Bay Reinsurance Limited (Cavello Bay) (Bermuda), a subsidiary of Enstar Group Limited (Enstar) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Cavello Bay’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile
KBRA Assigns Preliminary Ratings to EFMT 2025-NQM3
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage pass-through certificates from EFMT 2025-NQM3, a $369.1 million non-prime RMBS transaction. The underlying collateral, comprising 836 residential mortgages, is characterized by a notable concentration of alternative income documentation, with 81.4% of the loans underwritten using DSCR, bank statements, and asset underwriting documentation types. The majority of loans are either classified as non-qualified m
Symetra Launches ‘Empower Her Future’
BELLEVUE, Wash.--(BUSINESS WIRE)--Symetra launched a new web-based resource dedicated to providing women of all ages with valuable tips and information for their financial journey.
Summit Bank Announces the Addition of Max Williams to Its Portland Metro Advisory Board
PORTLAND, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the addition of Max Williams to its Portland Metro Advisory Board. Williams brings decades of cross-sector leadership experience and a long history of service to Oregon's public, private, and nonprofit sectors. Most recently, he served as President and CEO of the Oregon Community Foundation, where he led the organization through a decade of extraordinary growth and transformation, expanding total assets from $1.2 billion to $3.
Travel + Leisure Co. Completes $300 Million Term Securitization
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $300 million in principal amount of asset-backed notes with an overall weighted average coupon of 5.10%. The advance rate for this transaction was 98.00%. “This transaction once again demonstrates the strength of our business model and our ability to continue to access capital,” said Erik Hoag, Chief Financial Officer of Travel + Leisure Co. “T
KBRA Assigns Preliminary Ratings to Lyra Music Assets (Delaware) L.P., Series 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to the Series 2025-1, Class A-2 Notes (Series 2025-1 Notes) that will be issued by Lyra Music Assets (Delaware) L.P., a music royalty ABS securitization. The Series 2025-1 Notes represent Lyra Music Assets (Delaware) L.P.'s second music royalty securitization, following the inaugural Series 2024-2/3 Notes. The transaction structure is a master trust, and as such, the indenture permits the issuance of additional classes and series of no
Trivest Announces Promotions Across the Firm
MIAMI--(BUSINESS WIRE)--Trivest Partners (“Trivest” or the “Firm”) is pleased to announce the following promotions — a recognition of accomplishment that exemplifies the culture of performance and opportunity that defines Trivest. Reid Callaway has been promoted to Managing Director within the Trivest Discovery Fund. Reid joined Trivest in 2015 and is responsible for originating and evaluating new investment opportunities, completing acquisitions, working closely with management teams to execut
Capitol Federal Financial, Inc.® Announces Quarterly Dividend
TOPEKA, Kan.--(BUSINESS WIRE)--Capitol Federal Financial, Inc.® Announces Quarterly Dividend