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STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) today reported net income in the fourth quarter of 2024 of $34.1 million, or $0.40 per diluted share, compared to $30.7 million, or $0.36 per diluted share in the third quarter of 2024 and $29.5 million, or $0.35 per diluted share in the fourth quarter of 2023. For the year ended December 31, 2024, net income was $121.0 million, or $1.42 per diluted share, compared to $104.0 milli

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the full year and fourth quarter of 2024. Selected financial results and metrics are as follows: (Dollars in millions, except per share data)     4Q 2024       3Q 2024       4Q 2023       2024       2023   Net interest income   $ 178.2     $ 177.5     $ 178.1     $ 705.4     $ 725.1   Fee revenue     83.3       90.2       87.2       340.9      

LOS ANGELES--(BUSINESS WIRE)--Cypress Equity Investments (“CEI”), an institutional multifamily developer and real estate investment company, and LightWell-Keystone (“LWK”), a real estate private equity firm focused on the acquisition and operation of attainable value-add multifamily assets, are pleased to announce a strategic partnership to add density to value-add workforce housing. The strategy addresses the growing Los Angeles housing shortage by capitalizing on a recent state law that allow

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which together with its strategic and operating partners, owns more than 5% of Lamb Weston Holdings, Inc. (NYSE: LW) (“Lamb Weston” or the “Company”) and is one of the Company’s largest shareholders, today sent a letter to the Company’s Board of Directors (the “Board”). The full text of the letter is below. January 27, 2025 Board of Directors, JANA Partners (“JANA,” “we” or “us”), together with our strategic and operating partners, beneficially

ST. LOUIS--(BUSINESS WIRE)--Jim Lally, President and Chief Executive Officer of Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company” or “EFSC”), commented, “I am pleased that a continued focus on clients, associates, and our diversified business model has resulted in strong fourth quarter and full year 2024 financial results. These results, along with share repurchases and an increased common stock dividend, demonstrate our commitment to driving long-term shareholder value.” Lally a

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Thursday, February 27, 2025, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) on Thursday, February 27, 2025, to discuss its financial results. All interested parties are invited to

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Year End and Fourth Quarter 2024 Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended December 31, 2024. Fourth Quarter 2024 Highlights: Diluted earnings per share of $1.19 for the quarter. Diluted earnings per share increased 8% from the third quarter of 2024, and 31% from the year-ago quarter on an adjusted basis*. Net interest margin increased 12 basis points from the third quarter of 2024. Net interest income increased by $8.0 mil

FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported operating results today for the quarter and the year ended December 31, 2024. To access the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/Q42024-PR. About United Security Bancshares United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank, which was founded in 1987

DENVER--(BUSINESS WIRE)--FirstSun Capital Bancorp (“FirstSun”) (NASDAQ: FSUN) reported net income of $16.4 million for the fourth quarter of 2024 compared to net income of $24.0 million for the fourth quarter of 2023. Earnings per diluted share were $0.58 for the fourth quarter of 2024 compared to $0.94 for the fourth quarter of 2023. Adjusted net income, a non-GAAP financial measure, was $24.3 million or $0.86 per diluted share for the fourth quarter of 2024. Neal Arnold, FirstSun’s Chief Exec

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 Logility Supply Chain Solutions, Inc. (NasdaqGS: LGTY) to Aptean. Under the terms of the proposed transaction, shareholders of Logility will receive $14.30 in cash for each share of Logility that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or wh

SAN FRANCISCO--(BUSINESS WIRE)--SD Mayer & Associates LLP announces its combination with Ronald Ruttenberg & Co., CPAs (RRC).

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 Aspen Technology, Inc. (NasdaqGS: AZPN) to Emerson Electric Co. (NYSE: EMR). Under the terms of the proposed transaction, shareholders of Aspen will receive $265.00 in cash for each share of Aspen that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,

LOS ANGELES--(BUSINESS WIRE)--Miller Barondess, LLP wins $10.1 million jury verdict against defendant Nuveen Investment, Inc.

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Symbotic Inc. (“Symbotic”) (NASDAQ: SYM) on behalf of those who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 3, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Symbotic

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best was named Ratings Agency of the Year at the MENA II Awards 2025. The event was held at the Dubai International Financial Centre on Jan. 23, 2025, and the awards recognize and reward the leading insurers, reinsurers and brokers within the Middle East and North Africa (MENA) markets. More specifically, the rating agency category judges evaluated the in-depth market and risk environment knowledge, the quality of service provided and the respective rating age

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Cajun Global, LLC (the Master Issuer) Series 2025-1 (Cajun 2025-1). Cajun 2025-1 represents the Master Issuer's fourth securitization following the establishment of the master trust in 2011. In conjunction with the issuance of the Series 2025-1 Notes, KBRA anticipates affirming the ratings on the Master Issuer’s outstanding notes. To access ratings and relevant documents, click here. Click here to view the report. Methodologies ABS:

EWING, N.J.--(BUSINESS WIRE)--Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today the promotion of Tom Donatacci to Senior Vice President, Chief Client Officer, overseeing Business Development and Client Management. A recognized and highly accomplished leader in the mortgage sector, Tom has extensive experience in servicing transactions and subservicing, due diligence and M&A. He joined Cenlar in 2023 and has already made a significant impact on our business; always

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to three classes of HGMT 2025-HGLR, a CMBS single-borrower securitization. The collateral for the transaction is a $1.2 billion non-recourse, first lien mortgage loan that is expected to be originated by Bank of America, N.A. (BANA), Wells Fargo Bank, National Association (WFB), Barclays Capital Real Estate Inc. (BCREI), Goldman Sachs Bank USA (GS Bank), German American Capital Corporation (GACC), Bank of Montreal (

CLEARWATER, Fla.--(BUSINESS WIRE)--Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of financing for the preservation and rehabilitation of a 6-property USDA Rural Development 515 portfolio in Kentucky. This portfolio consists of existing apartment communities totaling 221 total units. Churchill Mortgage Investment LLC (“CMI”), a subsidiary of CSG, is providing the $10,130,443 of USDA Rural Development 538