Lastest from Businesswire

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported second quarter 2026 net income of $364 million, or $2.63 per diluted share. Total loans and deposits both reached new records as of June 30, 2026, at $59.0 billion and $70.1 billion, respectively. Return on average assets was 1.75%, return on average common equity was 16.0%, and book value per share grew 13% year-over-year. “East West delivered ano

MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2026 of $3.0 billion, or $4.73 per diluted common share, compared with net income of $2.2 billion, or $3.34 per diluted common share in the first quarter of 2026, and with net loss of $4.3 billion, or $(8.58) per diluted common share in the second quarter of 2025. Adjusted net income(1) for the second quarter of 2026 was $5.81 per diluted common share. "Our results in

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 $19.2 million, or $1.54 per diluted common share, for the second quarter of 2026 compared to $31.4 million, or $2.92 per diluted common share, for the first quarter of 2026 and $18.8 million, or $1.76 per diluted common share, for the second quarter of 2025. Mark DeFazio, President and Chief Executive Officer, commented

WALTHAM, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the Enterprise Transformation Company™, released its financial results for the second quarter of 2026. "Pega Infinity™ 26 uniquely deploys the power of AI with predictable outcomes and predicable costs by applying agents at design time to optimize run-time token use,” said Alan Trefler, founder and CEO, Pega. "Letting language models do everything is risky and expensive, and using AI to write mountains of code creates significant

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it will release results for the second quarter ended June 30, 2026, after market closing on Tuesday, August 4, 2026. Webcast and Earnings Conference Call Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company’s resul

TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI) will release second quarter 2026 earnings results after the market close on Tuesday, Aug. 4, 2026. Management will discuss the results on a webcast at 2:00 p.m. PT (5:00 p.m. ET) on Tuesday, Aug. 4, 2026. The webcast and a presentation of financial information will be available on TrueBlue’s website: www.trueblue.com. An audio replay will be available on the Company's website for a period of six months following the call. About TrueBlue TrueB

NEW YORK--(BUSINESS WIRE)---- $REGN #BFA--Regeneron Sued for Securities Fraud after Revealing Failed Phase III Clinical Trial Resulting in 10% Stock Drop – Investors Notified to Contact BFA

FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (NASDAQ: FVCB) (the “Company”) today reported net income of $8.2 million for the quarter ended June 30, 2026 compared to net income of $5.7 million for the quarter ended June 30, 2025, an increase of $2.6 million, or 45%. Compared to the linked quarter, net income increased $1.8 million, or 29%, from $6.4 million for the quarter ended March 31, 2026. Included in net income for the three months ended June 30, 2026 is a one-time pre-tax gain of $84

GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #Earnings--Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global broker, announced results for the quarter ended June 30, 2026. Reported and adjusted diluted earnings per share were both $0.69 for the current quarter. For the year-ago quarter, reported and adjusted diluted earnings per share were both $0.51. Reported net revenues were $1.90 billion for the current quarter and $1.88 billion as adjusted. For the year-ago quarter, reported and adjusted net rev

GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney reports second quarter 2026 EPS of $1.55

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of HDFC Bank Limited (“HDFC Bank” or the “Company”) (NYSE: HDB) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON HDFC BANK LIMITED (HDB), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On May 27, 2026, the Indian Express newspaper reported that HDFC Bank had m

BOSTON--(BUSINESS WIRE)--Clasp, the loan-linked hiring platform for healthcare, today released its inaugural State of Healthcare Student Finances report, the first dataset measuring the non-traditional income sources healthcare students are using to pay for school. The survey of 1,000 U.S. healthcare students, fielded by Pollfish, finds that more than 1 in 4 (27%) have used a betting or prediction market platform. Two-thirds of student bettors (67%) treat winnings as real or potential school mo

LOS ANGELES--(BUSINESS WIRE)--The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for September, October, and November 2026 as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date September 2026 $0.2083 September 16, 2026 September 30, 2026 October 2026 $0.2083 October 15, 2026 October 30, 2026 November 2026 $0.2083 November 13, 2026 November 30, 2026 About Source Capital Sour

WEST BERLIN, N.J.--(BUSINESS WIRE)-- #business--Sales reps with The Botanist New Jersey voted to join UFCW Local 360 as the union's ongoing membership drive expands along the industry supply chain.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 69 classes of mortgage pass-through notes from OBX 2026-INV5 Trust, a prime RMBS transaction secured by second homes (38.2%) and investment properties (61.8%), collectively, non-owner occupied or “NOO” properties. The underlying collateral consists of 770 agency eligible, fixed-rate mortgages (FRMs) with an aggregate unpaid principal balance (UPB) of approximately $313.8 million as of the July 1, 2026 cut-off date. There are no orig

WASHINGTON--(BUSINESS WIRE)--Smith Currie Oles LLP is pleased to announce that James C. “Jim” Dougherty has joined the firm as a partner in its Government Contracts practice. Based in Washington, DC, he comes to Smith Currie Oles from an Am Law 100 firm, where he advised federal contractors across the IT services, software, and defense sectors. Specifically, Dougherty’s representation of leading contractors involved major civilian and defense agencies, and included disputes, cybersecurity, arti

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Utz Brands, Inc. (NYSE: UTZ) to Intersnack Group GmbH & Co. KG for $14.25 per share in cash.Halper Sadeh encourages Utz shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Utz and its board of directors violated

WASHINGTON--(BUSINESS WIRE)--Clutch today released new research on how AI is reshaping the job search. Among 590 U.S. job seekers surveyed, 80% use AI tools during their search, and 86% say AI has helped them submit more applications each week. Yet 93% worry AI-generated resumes and cover letters make it harder for qualified candidates to stand out. "This is a hiring arms race. Job seekers use AI to get past AI screening tools, and recruiters are using AI to sort through the volume that creates

MARRERO, La.--(BUSINESS WIRE)--After multiple hurricanes damaged Dexter Carey’s home in Marrero, Louisiana, Mr. Carey received a FORTIFIED-designated roof thanks to a $15,000 Disaster Rebuilding Assistance (DRA) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through member institution OnPath Credit Union.DRA provides grants for the repair, rehabilitation and reconstruction of owner-occupied housing affected by disaster events in federally declared disaster areas within FHLB Dallas

STAMFORD, Conn.--(BUSINESS WIRE)--Odyssey Group Holdings, Inc. (Odyssey Group) today announced leadership changes at its U.S. insurance subsidiary, Hudson Insurance Group (Hudson). After more than two decades with the Company, Chris Gallagher has decided to retire from Hudson, effective October 1, 2026, to pursue other career opportunities. Odyssey Group’s CEO Carl Overy will assume the role of president and CEO of Hudson in addition to his current responsibilities. “It’s been a great privilege