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Sallie Mae Reports Fourth-Quarter and Full-Year 2024 Financial Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov. Sallie Mae will host an earnings conference call today, Jan. 23, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of

OP Bancorp Reports Net Income for 2024 Fourth Quarter of $5.0 Million and Diluted Earnings Per Share of $0.33

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2024. Net income for the fourth quarter of 2024 was $5.0 million, or $0.33 per diluted common share, compared with $5.4 million, or $0.36 per diluted common share, for the third quarter of 2024, and $5.2 million, or $0.34 per diluted common share, for the fourth quarter of 2023. Min Kim, President and Chief Executi

Bank of Hope Donates $100,000 for Los Angeles Wildfire Relief

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
LOS ANGELES--(BUSINESS WIRE)--Bank of Hope, a wholly owned subsidiary of Hope Bancorp, Inc. (NASDAQ: HOPE), today announced a multipronged relief plan to support victims of the devastating wildfires in Los Angeles, including a $100,000 philanthropic donation to the United Way of Greater Los Angeles Wildfire Response Fund. “Los Angeles is home to Bank of Hope, and we are truly heartbroken to see the unprecedented destruction in our community,” said Kevin S. Kim, Chairman, President and Chief Exe

Oregon Pacific Bancorp Announces Fourth Quarter 2024 Earnings Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
FLORENCE, Ore.--(BUSINESS WIRE)-- #InvestorRelations--Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, today reported net income of $2.2 million, or $0.31 per diluted share, during the quarter ended December 31, 2024, compared to $1.8 million or $0.26 per diluted share for the quarter ended September 30, 2024. “We are happy to report the Bank’s 2024 financial performance,” said Ron Green, President and Chief Executive Officer. “During the year the banking industry faced increased pressures

Alerus Financial Corporation to Announce Fourth Quarter Financial Results on Tuesday, January 28

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Tuesday, January 28, 2025. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Wednesday, January 29, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Infor

Customers Bancorp Reports Results for Fourth Quarter and Full Year 2024

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp (NYSE:CUBI) announces Q4 and full year 2024 earnings including 17% annualized loan growth, strong capital and liquidity.

BayCom Corp Reports 2024 Fourth Quarter Earnings of $6.1 Million

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024, compared to earnings of $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024 and $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023. Net income for the fourth quarter of 2024 com

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 20, 2025 to all shareholders of record as of the close of business on February 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is

Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Fourth Quarter 2024 Net Income of $60.8 Million, or $0.30 per Diluted Share

Byline Bancorp, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported:       At or For the quarter   Full Year Highlights (compared to prior year)     4Q24   3Q24   4Q23 Financial Results ($ in thousands)                     • Net income increased $12.9 million, or 11.9% Net interest income   $ 88,524   $ 87,455   $ 86,285     Non-interest income     16,149     14,385     14,503   • Net interest income up $17.4 million, or 5.3%; NIM of 3.97% Total revenue(1)     104,673     101,840     100,

QuinStreet Sets Date to Announce Fiscal Second Quarter 2025 Financial Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced it will report financial results for its second quarter ended December 31, 2024 after the market closes on Thursday, February 6, 2025. On that day, management will hold a conference call and webcast at 2:00 PM PT to review and discuss the company’s results. What: QuinStreet Fiscal Second Quarter 2025

Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders

New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2024 Earnings Release and Conference Call

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter and year ended December 31, 2024 on Wednesday, February 26, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, February 27, 2025. During the live conference call, the Company’s officers will review the fourth quarter and year ended December

Intellinetics Expands Partnership with Skyward to Include Payables Automation Solution for K-12 School Districts

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
COLUMBUS, Ohio--(BUSINESS WIRE)--Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, is proud to announce the growth of its IntelliCloud Payables Automation Solution (IPAS) into the K-12 market through an expansion of its partnership with Skyward, a school administration software provider committed to helping K-12 leaders spend less time on tasks and more time with students. The partnership builds on the existing collaboration established between Skyward and

BNY Mellon High Yield Strategies Fund Declares Dividend

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--On January 23, 2025, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on February 21, 2025, to shareholders of record at the close of business on February 6, 2025. The ex-dividend date is February 6, 2025. The previous dividend declared in December was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inves

Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2024 Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024 compared to $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024, and $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023. Mark DeFazio, President and Chief Executive Officer, commente

Farmers & Merchants Bank of Long Beach Reports 2024 Fourth Quarter and Full Year Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today reported financial results for the fourth quarter and full year ended December 31, 2024. “Profitable operations were achieved for both the fourth quarter and full 2024 year, demonstrating the Bank’s financial strength, resilience to the challenging external banking environment, and dedication to prudent financial management,” said W. Henry Walker, Chief Executive Officer

Coinbase Announces Date of Fourth Quarter and Full Year 2024 Financial Results

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
REMOTE-FIRST-COMPANY/CHICAGO--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2024 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, February 13, 2025, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day. Starting on February 6 at 9:00 a.m. PT, all share

Kinsale Capital Group Announces Fourth Quarter 2024 Earnings Release Date and Conference Call

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group Announces Fourth Quarter 2024 Earnings Release Date and Conference Call

East West Bancorp Reports Record Net Income for Full Year 2024 of $1.2 Billion and Diluted Earnings Per Share of $8.33; Increases Dividend and Repurchase Authorization

Lastest from Businesswire - Thu, 01/23/2025 - 18:33
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 full year and fourth quarter of 2024. Full year 2024 net income was $1.2 billion, or $8.33 per diluted share. Fourth quarter 2024 net income was $293 million, or $2.10 per diluted share. Full-year returns on average assets were 1.60%, returns on average common equity were 15.9%, and book value per share grew 12% year-o

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