Republic Bank

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: RBAZ Bancorp, Inc. (OTCPK - RBAZ), Squarespace, Inc. (NYSE - SQSP), PlayAGS, Incorporated (NYSE - AGS), Deciphera Pharmaceuticals, Inc. (Nasdaq - DCPH)

Retrieved on: 
torsdag, maj 30, 2024

BALA CYNWYD, Pa., May 30, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., May 30, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, AGS will be acquired by affiliates of Brightstar Capital Partners (“Brightstar”) for $12.50 per share in cash.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: RBAZ Bancorp, Inc. (OTCPK - RBAZ), Squarespace, Inc. (NYSE - SQSP), PlayAGS, Incorporated (NYSE - AGS), Deciphera Pharmaceuticals, Inc. (Nasdaq - DCPH)

Retrieved on: 
måndag, maj 20, 2024

BALA CYNWYD, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, AGS will be acquired by affiliates of Brightstar Capital Partners (“Brightstar”) for $12.50 per share in cash.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Pima Federal Credit Union and RBAZ Bancorp, Inc. Announce Acquisition Agreement for Republic Bank of Arizona

Retrieved on: 
torsdag, maj 16, 2024

TUCSON, Ariz. and PHOENIX, May 16, 2024 (GLOBE NEWSWIRE) --  Pima Federal Credit Union (“Pima”) and RBAZ Bancorp, Inc. (OTCPK: RBAZ) (“RBAZ”), the holding company of Republic Bank of Arizona, an Arizona state bank (“Republic Bank”), announced today that they have entered into a definitive agreement whereby Pima will purchase substantially all of the assets and assume substantially all of the liabilities of Republic Bank in an all-cash transaction.

Key Points: 
  • TUCSON, Ariz. and PHOENIX, May 16, 2024 (GLOBE NEWSWIRE) --  Pima Federal Credit Union (“Pima”) and RBAZ Bancorp, Inc. (OTCPK: RBAZ) (“RBAZ”), the holding company of Republic Bank of Arizona, an Arizona state bank (“Republic Bank”), announced today that they have entered into a definitive agreement whereby Pima will purchase substantially all of the assets and assume substantially all of the liabilities of Republic Bank in an all-cash transaction.
  • Following the completion of the purchase and assumption transaction, all customers and accounts of RBAZ will be retained and serviced by Pima.
  • “We are happy to announce our entrance into Phoenix and Maricopa County through this partnership with Republic Bank.
  • Brian Ruisinger, President and CEO of RBAZ and Republic Bank commented: “We are excited to announce our decision to join forces with Pima.

Republic Bancorp, Inc. Declares Common Stock Dividends

Retrieved on: 
onsdag, maj 15, 2024

Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock, payable July 19, 2024, to shareholders of record as of June 21, 2024.

Key Points: 
  • Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.407 per share on Class A Common Stock and $0.37 per share on Class B Common Stock, payable July 19, 2024, to shareholders of record as of June 21, 2024.
  • Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”).
  • In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri.
  • The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending March 31, 2024

Retrieved on: 
torsdag, april 25, 2024

Our liquidity position also strengthened during the quarter; a significant achievement given the tightening of liquidity experienced in the industry over the past 18 months.

Key Points: 
  • Our liquidity position also strengthened during the quarter; a significant achievement given the tightening of liquidity experienced in the industry over the past 18 months.
  • We saw some expected loan payoffs late in the quarter on completed construction projects and bridge loans.
  • However, inflation, unemployment and GDP all remain at elevated levels providing little to no support for the start of these reductions.
  • Despite these trends, RBAZ continues to see significant loan opportunities resulting in a robust pipeline heading into the second quarter.

CUEN – Cuentas Releases Annual Financial Reports Reflecting Improved Business Transition Results, Revenues and Profitability

Retrieved on: 
tisdag, april 16, 2024

MIAMI BEACH, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTC: CUEN & CUENW) (“CUEN” or “the Company”), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, announced today the publication of the company’s FY 2023 financial report on SEC Form 10K. The report reflects the company’s financial results supported by its diversified offerings serving consumers' comprehensive basic needs, from housing to secure communications to innovative financial services. Management comments on the imminent completion of the definitive sale of its Brooksville, Florida property. 

Key Points: 
  • Cuentas strategically aligns its offerings with the needs of its target market, refraining from activation fees and maintaining low monthly charges.
  • The company's approach integrates empathy and affordability, aiming to provide value to its users while ensuring profitability through various revenue channels.
  • Cuentas has fortified its business with a robust mobile service, Cuentas Mobile, supported by a powerful distribution ecosystem, underpinned by a meticulously developed software platform.
  • The Cuentas Platform integrates Cuentas Mobile, the Company’s Mobile Telecommunications solution, with its core financial services offerings to help entire communities enter the modern financial marketplace.

Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock

Retrieved on: 
onsdag, maj 1, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.
  • Piper Sandler and BofA Securities acted as joint book-running managers for the offering.
  • The Corporation received net proceeds from the offering of approximately $273.5 million, after deducting underwriting discounts and before deducting transaction expenses.
  • The shares of common stock to which this communication relates were issued pursuant to an effective registration statement on Form S-3 (File No.

Fulton Financial Announces Launch of Common Stock Offering

Retrieved on: 
måndag, april 29, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.
  • The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.
  • Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.

Fulton Financial Announces Pricing of $250 Million Offering of Common Stock

Retrieved on: 
måndag, april 29, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.
  • In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock at the public offering price, less underwriting discounts.
  • Piper Sandler and BofA Securities acted as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Retrieved on: 
lördag, april 27, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.
  • (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.
  • Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.