Lastest from Businesswire
Avidia Bancorp, Inc. Announces Expected Closing Date of Initial Public Offering
HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”), the proposed stock holding company of Avidia Bank, announced today that all final regulatory approvals have been received to close the Company’s initial public offering in connection with the mutual-to-stock conversion of Assabet Valley Bancorp, the mutual holding company of Avidia Bank. Closing is expected to occur at the close of business on July 31, 2025. Listing of the Company’s common stock on the New York Stock Exchange
OP Bancorp Reports Net Income for Second Quarter 2025 of $6.3 Million and Diluted Earnings Per Share of $0.42
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 second quarter of 2025. The Company reported net income of $6.3 million, or $0.42 diluted EPS, compared with $5.6 million, or $0.37 diluted EPS, for the first quarter of 2025, and $5.4 million, or $0.36 per diluted EPS, for the second quarter of 2024. Sang K. Oh, President and Chief Executive Officer: “I am honored to step into the
Customers Bancorp Reports Results for Second Quarter 2025
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp (NYSE:CUBI) announces Q2 2025 earnings including 8% annualized loan growth, strong capital and liquidity.
Sallie Mae Reports Second Quarter 2025 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second quarter 2025 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, July 24, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter an
Oregon Pacific Bancorp Announces Second Quarter 2025 Earnings Results
FLORENCE, Ore.--(BUSINESS WIRE)-- #InvestorRelations--Oregon Pacific Bancorp (ORPB), the holding company of Oregon Pacific Bank, today reported net income of $2.0 million, or $0.28 per diluted share, for the quarter ended June 30, 2025, compared to $1.7 million or $0.23 per diluted share for the quarter ended March 31, 2025. “We are pleased to report second quarter operating results, which reflected loan and deposit growth and increased profitability,” said Ron Green, President and CEO. “Expansion of the margin, an
Pinnacle Financial Partners and Synovus to Combine to Create the Southeast Growth Champion
NASHVILLE, Tenn. & COLUMBUS, Ga.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) and Synovus Financial Corp. (NYSE: SNV) today announced that they have entered into a definitive agreement to combine in an all-stock transaction valued at $8.6 billion based on the unaffected closing prices of the two companies as of July 21, 2025. This transaction creates the highest-performing regional bank focused on the fastest-growth markets in the Southeast. The combined company, which will
OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share
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 August 21, 2025 to all shareholders of record as of the close of business on August 7, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quot
PCB Bancorp Reports Earnings for Q2 2025
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank (the “Bank”), today reported net income available to common shareholders of $9.0 million, or $0.62 per diluted common share, for the second quarter of 2025, compared with $7.7 million, or $0.53 per diluted common share, for the previous quarter and $6.1 million, or $0.43 per diluted common share, for the year-ago quarter. Q2 2025 Highlights Net income available to common shareholders totaled
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Replimune Group, Inc. Investors – REPL
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Replimune Group, Inc. (NASDAQ: REPL) between November 22, 2024 and July 21, 2025, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Replimune investors under the federal securities laws. To join the Replimune class action, go to https://rosenlegal.com/submit-form/?case_id=42313 or call Phillip K
HarborOne Bancorp, Inc. Announces 2025 Second Quarter Results
BROCKTON, Mass.--(BUSINESS WIRE)--HarborOne Bancorp, Inc. Announces 2025 Second Quarter Results
Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million
Equity Residential Appoints Chris Carr to Board of Trustees
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Chris Carr to the Company’s Board of Trustees to serve until the next annual meeting of shareholders. Mr. Carr qualifies as an independent trustee under the New York Stock Exchange’s listing standards. He will serve on the Company’s Audit and Corporate Governance Committees. With this appointment, the Company’s Board will increase to 11 members, nine of whom are independent. Mr. Carr, 61, is the former C
Douglas Elliman Inc. to Host Second Quarter 2025 Results Conference Call
MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its second quarter 2025 results on Friday August 1, 2025 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/douglas-elliman-inc-second-quarter-2025-earnings-call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 1, 2025 through Aug
Moelis & Company Reports Second Quarter and First Half 2025 Financial Results; Declares Regular Quarterly Dividend of $0.65 Per Share
NEW YORK--(BUSINESS WIRE)--Moelis & Company reports Second Quarter and First Half 2025 financial results; declares regular quarterly dividend of $0.65 per share
Ellington Financial Announces Release Date of Second Quarter 2025 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2025 after market close on Thursday, August 7, 2025. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Friday, August 8, 2025. To participate in the event by telephone, please dial (800) 343-4136 at least 10 minutes prior to the start time and reference the conference
Rithm Property Trust Inc. Announces Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, “Rithm Property Trust” or the “Company”) today announced the following information for the quarter ended June 30, 2025. “The second quarter was a pivotal quarter for Rithm Property Trust as we laid the foundation for growth of our core investment portfolio,” said Michael Nierenberg, CEO of Rithm Capital. “With a robust pipeline, a disciplined investment approach and a focused team, we are well positioned to build on this momentum
Eastern Bankshares, Inc. Reports Second Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Reports Second Quarter 2025 Financial Results
Byline Bancorp, Inc. Reports Second Quarter 2025 Financial Results
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported: At or for the quarter Second Quarter Highlights (compared to 1Q25 unless specified) 2Q25 1Q25 2Q24 Financial Results ($ in thousands) • Completed the acquisition and integration of First Security Bancorp, Inc. Net interest income $ 95,970 $ 88,216 $ 86,526 Non-interest income 14,483 14,864 12,844 Total revenue(1) 110,453 103,080
Seacoast Reports Second Quarter 2025 Results
STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the second quarter of 2025 of $42.7 million, or $0.50 per diluted share, compared to $31.5 million, or $0.37 per diluted share, in the first quarter of 2025 and $30.2 million, or $0.36 per diluted share, in the second quarter of 2024. For the six months ended June 30, 2025 and 2024, net income was $74.2 million, or $0.87 per diluted share, and $56.3 mi
Coursera Reports Second Quarter 2025 Financial Results
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera reports second quarter 2025 financial results