Futures contract

Northway Financial, Inc. Announces First Quarter Earnings

Retrieved on: 
Vendredi, avril 26, 2024
Futures contract, Federal, Security (finance), Federal Reserve, Northway Bank, Asset, Bank

President and CEO William J. Woodward commented: “In the first quarter, net income was consistent compared to last year.

Key Points: 
  • President and CEO William J. Woodward commented: “In the first quarter, net income was consistent compared to last year.
  • We are focusing on offsetting the margin compression by continuing to reduce operating costs without impacting customer service.
  • Net Income for the quarter ending March 31, 2024, was $1.5 million or $0.55 per basic common share.
  • The Bank’s regulatory capital ratios at March 31, 2024 exceeded all well-capitalized ratios as defined under FDIC’s prompt corrective action rules.

Lakeland Bancorp Announces First Quarter Results

Retrieved on: 
Vendredi, avril 19, 2024
Futures contract, OAK, Signature Bank, Provident, EPS, Ratio, Telecommunications, FDIC

Thomas Shara, Lakeland Bancorp’s President and CEO commented on the quarterly financial results, "Despite the uncertain economic environment, we are pleased with our results and our continued outstanding asset quality.

Key Points: 
  • Thomas Shara, Lakeland Bancorp’s President and CEO commented on the quarterly financial results, "Despite the uncertain economic environment, we are pleased with our results and our continued outstanding asset quality.
  • First quarter 2024 results continue to be impacted by the increased market rate environment.
  • Net interest margin for the first quarter of 2024 decreased six basis points to 2.46% from 2.52% in the prior quarter and decreased 61 basis points from 3.07% in the first quarter of 2023.
  • Net interest income for the first quarter of 2024 of $62.6 million decreased $13.4 million compared to the first quarter of 2023.

John Marshall Bancorp, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Jeudi, avril 25, 2024
Banking, Professional Services, Finance, Well, Sale, Table, Futures contract, Total, SBA, Attention, Bank, Acquisition, JMSB, Small Business Administration, Digital platform, GAAP, Growth

John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”), reported its financial results for the three months ended March 31, 2024.

Key Points: 
  • John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”), reported its financial results for the three months ended March 31, 2024.
  • The Bank’s equity to assets and total risk-based capital ratios were 11.3% and 16.1%, respectively, as of March 31, 2024.
  • The dividend will be payable on July 8, 2024, to shareholders of record as of the close of business on June 28, 2024.
  • Diversified Revenue Growth – The Company’s non-interest income strategy accelerated in the first quarter of 2024.

Amerant Reports First Quarter 2024 Results

Retrieved on: 
Mercredi, avril 24, 2024
Banking, Professional Services, Finance, Sale, Total, Futures contract, FHLB, Federal Home Loan Banks, Management, Bank, Eastern Time Zone, GAAP

Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024, or $0.31 per diluted share, compared to a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, in the fourth quarter of 2023.

Key Points: 
  • Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today reported net income attributable to the Company of $10.6 million in the first quarter of 2024, or $0.31 per diluted share, compared to a net loss attributable to the Company of $17.1 million, or $0.51 per diluted share, in the fourth quarter of 2023.
  • The dividend is payable on May 30, 2024, to shareholders of record on May 15, 2024.
  • Additional details on first quarter 2024 results can be found in the Exhibits to this earnings release, and the earnings presentation available under the Investor Relations section of the Company’s website at https://investor.amerantbank.com .
  • The Company will hold an earnings conference call on Thursday, April 25, 2024 at 9:00 a.m. (Eastern Time) to discuss its first quarter 2024 results.

FutureX Pro Set to Revolutionize Crypto Trading with Launch of Innovative Exchange Platform

Retrieved on: 
Lundi, mars 18, 2024
Futures contract, Risk management, Copy trading, Environment, KYC, Policy, Denial-of-service attack, Web 2.0, Futurex, Cryptocurrency

Dubai, UAE, March 18, 2024 (GLOBE NEWSWIRE) -- FutureX Pro , a pioneering crypto exchange platform, is thrilled to announce its official launch.

Key Points: 
  • Dubai, UAE, March 18, 2024 (GLOBE NEWSWIRE) -- FutureX Pro , a pioneering crypto exchange platform, is thrilled to announce its official launch.
  • “We are excited to unveil FutureX Pro to the global crypto community,” said Alan Ang, Founder and CEO of FutureX Pro.
  • FutureX Pro offers a comprehensive suite of features, including Futures Trading, P2P trading, Spot Trading, and Copy Trading.
  • As FutureX Pro expands its reach into Asian countries, it aims to become a leading force in the global crypto exchange market.

Tradier Debuts Futures Trading, Bringing New Offering to its Extensive Community of Active Traders

Retrieved on: 
Vendredi, mars 8, 2024
Education, NFA, DBA, SVP, Growth, Feedback, Trader, Futures contract, National Futures Association, Partnership

CHARLOTTE, N.C., March 8, 2024 /PRNewswire/ -- Tradier today announced that it has launched Futures Trading bringing its network of traders and partners an alternative to other, legacy retail offerings in the market. The new offering is in beta version, with a full launch expected for April.

Key Points: 
  • Additionally, the growing community of futures traders are demanding functionality, education, and content, like what Tradier is providing to equity options traders.
  • Tradier Futures will provide traders with more choice through an integrated network of popular trading tools.
  • Tradier Futures offers brokerage services for Active Futures Traders in partnership with Tradier Inc and its subsidiaries and partners.
  • Lazzara Consulting, DBA as Tradier Futures is subsidiary of Tradier Inc and a member of the National Futures Association ( NFA )

Trading Technologies' TT® platform wins Best Listed Derivatives Trading Solution at TradingTech Insight Europe Awards 2024

Retrieved on: 
Lundi, mars 4, 2024
TCA, EMS, Futures contract, Video game

CHICAGO and LONDON, March 4, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has won the award for Best Listed Derivatives Trading Solution for its TT platform at the TradingTech Insight Awards Europe 2024.

Key Points: 
  • CHICAGO and LONDON, March 4, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has won the award for Best Listed Derivatives Trading Solution for its TT platform at the TradingTech Insight Awards Europe 2024.
  • The platform was voted Best Solution for Futures Trading in the TradingTech Insight USA Awards 2023 and Best Sell-Side Execution Management System (EMS) in the USA awards in 2022.
  • TT CEO Keith Todd said: "We've invested considerably in the TT platform to ensure that it remains the premier trading solution for listed derivatives.
  • We're very grateful to TradingTech Insight, A-Team Group and most importantly, the European professional trading community, for this high honor."

OXFORD BANK CORPORATION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 OPERATING RESULTS

Retrieved on: 
Mardi, février 6, 2024
Availability, Growth, SBA, Release, ACL, Tier 1 capital, Interest, Environment, AFS, Comprehensive income, NPAS, Investment, Asset, NIM, Behavior, Total, Futures contract, Risk, Culture, Bank, Corporation, Small business, Probability

OXFORD, Mich., Feb. 6, 2024 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the fourth quarter ended December 31, 2023.

Key Points: 
  • OXFORD, Mich., Feb. 6, 2024 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the fourth quarter ended December 31, 2023.
  • Total Assets of the Company were $816.67 million as of December 31, 2023, compared to $792.65 million at December 31, 2022.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.
  • In addition, Oxford Bank has business banking/commercial finance centers in Phoenix, AZ., Wixom, downtown Oxford, and Flint, Michigan.

First Bancorp of Indiana, Inc. Announces Financial Results

Retrieved on: 
Mardi, février 6, 2024
Federal, ROA, COVID-19, Growth, Risk management, Financial instrument, ACL, CECL, FHLB, FDIC, Government, News, Environment, ROE, Housing, ASU, Investment, NIM, Fiscal, Futures contract, Fannie Mae, Sale, Bank, Federal Home Loan Banks

This compares to an annualized ROA of 0.64% and an annualized ROE of 11.51% for the corresponding period last fiscal year.

Key Points: 
  • This compares to an annualized ROA of 0.64% and an annualized ROE of 11.51% for the corresponding period last fiscal year.
  • Proceeds from the Company’s $12 million subordinated debt offering and wholesale deposits acquired by the Bank funded additional growth.
  • At 8.11%, First Federal’s tier one capital ratio exceeded the five percent regulatory standard for “well-capitalized” financial institutions.
  • Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results.

Northway Financial, Inc. Announces 2023 Earnings and Declares Semi-Annual Dividend

Retrieved on: 
Vendredi, janvier 26, 2024
Bank, Sale, Net income, Federal, Northway Bank, Futures contract, Food, Cryptocurrency

The Board of Directors declared a semi-annual cash dividend of $0.35 per common share, payable on February 12, 2024, to common stockholders of record on February 5, 2024.

Key Points: 
  • The Board of Directors declared a semi-annual cash dividend of $0.35 per common share, payable on February 12, 2024, to common stockholders of record on February 5, 2024.
  • We have taken actions like selling securities at a loss to improve future earnings without significantly impacting current capital.
  • Total assets were $1.3 billion, loans, net, were $910 million, and total deposits were $996 million at December 31, 2023.
  • The Bank’s regulatory capital ratios at December 31, 2023 exceeded all well-capitalized ratios as defined under FDIC’s prompt corrective action rules.