Lastest from Businesswire

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2025. EPS diluted of $1.00 compared to $1.09 in 4Q24 and $1.05 in 1Q24. Total core revenues of $178.3 million compared to $181.9 million in 4Q24 and $174.2 million in 1Q24. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “The first quarter reflected a strong start to the year with solid overall performanc

CHARLESTON, W. Va.--(BUSINESS WIRE)--City Holding Company Announces Quarterly Results

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced financial results for the first quarter ended March 31, 2025. "We're pleased to report first quarter results with both earnings and non-GAAP diluted EPS coming in above the high end of our outlook - a reflection of disciplined execution across the business" said PROG Holdings President and CEO, Steve Michaels. "Our ec

FORT MILL, S.C.--(BUSINESS WIRE)-- #AI--The Oasis Group, a leading consultancy for the wealth management industry, recently launched a new research report on Artificial Intelligence (AI) Note Takers, sponsored by AdvisorEngine Inc.®, a provider of a complete wealth management platform for investment advisory firms. The comprehensive report evaluates the role of AI Note Takers in the wealth management sector – specifically analyzing their impact on financial advisors and their teams – and provides an

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $177.5 million for the quarter ended March 31, 2025, compared to net income of $177.8 million for the quarter ended December 31, 2024. Ignacio Alvarez, Chief Executive Officer, said: "I am pleased with our strong financial performance in the first quarter. We increased net interest income, grew loans and deposits, maintained strong credit metrics and expan

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported first quarter income before income tax expense of $95 million and net income of $88 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $255 million. Adjustments included other mark-to-market net of hedges of $82 million and other items shown below in the reconciliation of GAAP and non-GAAP results. Chairman and CEO Jay Bray commented, “This was anot

DENVER--(BUSINESS WIRE)-- #AIforGood--Veritone announced a strategic partnership with Technology North to empower public safety agencies by accelerating redaction efforts through AI.

CINCINNATI--(BUSINESS WIRE)--For the fourth consecutive year, Fifth Third (Nasdaq: FITB) is honored to have earned the 2025 USA TODAY Top Workplaces award. "Our employees are the cornerstone of Fifth Third’s engaging and connected culture, continuously demonstrating their commitment to each other, our customers and communities," said Nancy Pinckney, chief human resources officer at Fifth Third. "This award highlights the dedication and passion of our team members, who make Fifth Third a great p

LATHRUP VILLAGE, Mich.--(BUSINESS WIRE)--SGH Wealth Management is honored to announce its inclusion in USA TODAY’s prestigious list of the Best Financial Advisory Firms 2025.

CHICAGO--(BUSINESS WIRE)--Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that it has expanded the multinational platform it created earlier this year with Grant Thornton Ireland by merging in three additional firms, while continuing active discussions with several others. Grant Thornton UAE, Grant Thornton Luxembourg, and Grant Thornton (Cayman) are joining the multinational platform that was established with the backing of an investor group led by New Mountain Capital, a

HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $17.8 million, or fully diluted earnings per share ("EPS") of $0.65 for the first quarter of 2025, compared to net income of $11.3 million, or EPS of $0.42 in the previous quarter and net income of $12.9 million, or EPS of $0.48 in the year-ago quarter. Results for the previous quarter were impacted by a pre-tax loss r

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q1 2025 Net Income of $2.93 million or $0.37 per fully diluted share; an increase of 20.2 percent over Q1 2024. Q1 2025 Net Income increased from $2.42 million or $0.31 per share for Q1 2024. Cash and Securities total $189.5 million – 14.8 percent of assets. Year over year Net Loan Growth - $93.4 million or 9.6 percent over March 31, 2024. Year over year Deposit Growth - $118.1 million or 11.6 percent over March 31, 2024. Q1 2025

SALT LAKE CITY--(BUSINESS WIRE)--Catalyst Opportunity Funds Closes Fund II at $140M With Major Banking, Healthcare Limited Partners

MENLO PARK, Calif.--(BUSINESS WIRE)--Betterworks, the leading modern performance management software company, is thrilled to announce the return of EmpowerHR Europe. Building on the momentum of last year’s inaugural event, 2025 offers unprecedented access to thought leaders, real-world success stories from companies like HelloFresh and Ferrer, and research-backed insights from Fosway Group, Europe’s leading HR industry analyst. EmpowerHR Europe is where forward-thinking HR leaders gather to rei

LONDON & NEW YORK--(BUSINESS WIRE)-- #AI--Employment marketplace SEEK onboards Ripjar’s Cyber Investigator solution to support them in overcoming the complex challenge of cyber threats.

NEW YORK & HYDERABAD, India--(BUSINESS WIRE)--Accenture has acquired TalentSprint, a leader in deep tech education.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of Certificates from COOPR Residential Mortgage Trust 2025-CES1 (COOPR 2025-CES1), a $310.6 million RMBS transaction, as of the cut-off date, sponsored by Nationstar Mortgage LLC d/b/a Mr. Cooper and Loan Funding Structure V LLC and consists almost entirely of 4,618 newly originated closed-end second lien mortgages (CES; 99.8%). The underlying pool is seasoned approximately one month and all loans are originated solely by

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether

NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its first quarter 2025 financial results on Tuesday morning, April 29, 2025. The earnings release will be available through the Investor Relations section of the PJT Partners website at https://www.pjtpartners.com/. PJT Partners will host a conference call on Tuesday, April 29, 2025 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Exec

RED BLUFF, Calif.--(BUSINESS WIRE)--Cornerstone Community Bancorp (OTC Pink: CRSB) announced today its financial results for the first quarter ended March 31, 2025. The Company reported net income of $1,273,000 for the three months ended March 31, 2025 compared to net income of $1,394,000 for the same period last year. Diluted earnings per share were $0.82 for the three months ended March 31, 2025 compared to diluted earnings per share of $0.91 for the same period last year. President and CEO,