U.S. Bancorp

Pacific Mercantile Bancorp Appoints Anne McCallion to Board of Directors

Monday, September 21, 2020 - 9:30pm

COSTA MESA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the Company), the holding company of Pacific Mercantile Bank (the Bank), a wholly owned banking subsidiary, today announced the appointment of Anne McCallion to the board of directors of both Pacific Mercantile Bancorp and Pacific Mercantile Bank.

Key Points: 
  • COSTA MESA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the Company), the holding company of Pacific Mercantile Bank (the Bank), a wholly owned banking subsidiary, today announced the appointment of Anne McCallion to the board of directors of both Pacific Mercantile Bancorp and Pacific Mercantile Bank.
  • We are very pleased to add Anne to our Board of Directors, said Denis Kalscheur, Chairman of the Board of the Company and the Bank.
  • Ms. McCallion said, Pacific Mercantile has built a commercial bank that is focused on helping Southern California midsized businesses succeed through their consultative approach with their clients.
  • Pacific Mercantile Bancorp (Nasdaq: PMBC) is the parent holding company of Pacific Mercantile Bank, which opened for business March1, 1999.

Oregon Bancorp Announces Quarterly Dividend

Friday, September 18, 2020 - 2:30pm

The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share.

Key Points: 
  • The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.11 per share.
  • The dividend is payable on October 14, 2020 to shareholders of record as of September 30, 2020.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon.
  • For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit our website at www.willamettevalleybank.com .

US Financial 15 Split Corp. Preferred Dividend Declared

Friday, September 18, 2020 - 2:00pm

TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05017 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05017 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable October 9, 2020 to shareholders on record as at September 30, 2020.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Investors Community Bank Breaks Ground on New Fox Valley Location

Thursday, September 17, 2020 - 7:37pm

Investors Community Bank has been at the current Waterford Lane location since May 2016 when it acquired The Business Bank.

Key Points: 
  • Investors Community Bank has been at the current Waterford Lane location since May 2016 when it acquired The Business Bank.
  • We needed to design a building that would represent Investors Community Bank well, while staying true to their roots.
  • We are really proud to work with Investors Community Bank on this centerpiece of their brand, said Mike Smits, Vice President, RODAC.
  • County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin.

U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

Wednesday, September 16, 2020 - 2:00pm

U.S. Bancorp (NYSE: USB) will release its third quarter 2020 earnings results before the market opens on Wednesday, October 14.

Key Points: 
  • U.S. Bancorp (NYSE: USB) will release its third quarter 2020 earnings results before the market opens on Wednesday, October 14.
  • The conference call will be available online or by telephone.
  • To access the webcast and presentation, visit U.S. Bancorps website at usbank.com and click on About Us , Investor Relations and Webcasts & Presentations .
  • To access the conference call from locations within the United States and Canada, please dial 866.316.1409.

U.S. Bank announces quarterly dividends

Tuesday, September 15, 2020 - 10:00pm

At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.

Key Points: 
  • At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.
  • U.S. Bancorp, with more than 70,000 employees and $547 billion in assets as of June 30, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States.
  • The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer.
  • Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.

Summit to Participate in Piper Sandler Virtual D.C. Community Bank Field Trip

Tuesday, September 15, 2020 - 4:04pm

MOOREFIELD, W. Va., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (Company) (NASDAQ: SMMF) today announced that Robert S. Tissue, Executive Vice President and Chief Financial Officer and Brad Ritchie, President, Summit Community Bank, Inc. will be making a virtual presentation in conjunction with the Piper Sandler Virtual D.C. Community Bank Field Trip on September 16, 2020.

Key Points: 
  • MOOREFIELD, W. Va., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (Company) (NASDAQ: SMMF) today announced that Robert S. Tissue, Executive Vice President and Chief Financial Officer and Brad Ritchie, President, Summit Community Bank, Inc. will be making a virtual presentation in conjunction with the Piper Sandler Virtual D.C. Community Bank Field Trip on September 16, 2020.
  • Summit Financial Group, Inc. is a $2.86 billion financial holding company headquartered in Moorefield, West Virginia.
  • Summit provides community banking services primarily in the Eastern Panhandle and Southern regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates 41 banking locations.

Stock Yards Bancorp to Participate in the Stephens Virtual Bank Forum

Tuesday, September 15, 2020 - 3:00pm

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that James A.

Key Points: 
  • Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that James A.
  • (Ja) Hillebrand, Chief Executive Officer, and T. Clay Stinnett, EVP and Chief Financial Officer, will participate in the Stephens 10th Annual Bank Forum to be held virtually September 22 - 24, 2020, and will participate in a series of virtual meetings with institutional investors on September 22nd.
  • Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $4.3 billion in assets, was incorporated in 1988 as a bank holding company.
  • It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904.

Customers Bancorp Discloses Healthy Credit Quality & Declining Loan Deferrals; Reiterates Financial Guidance

Tuesday, September 15, 2020 - 1:30pm

As the COVID-19 crisis continues, we believe we are well positioned with respect to credit quality compared to similarly sized U.S. banks.

Key Points: 
  • As the COVID-19 crisis continues, we believe we are well positioned with respect to credit quality compared to similarly sized U.S. banks.
  • Jay Sidhu, Chairman and CEO of Customers Bancorp, purchased 10,000 shares of the companys stock at an average price of $12.75 on September 8, 2020.
  • The pending merger of Megalith Financial Acquisition Corp. and BankMobile Technologies, a subsidiary of Customers Bank, is on track.
  • Customers Bancorp, Inc. does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank, except as may be required under applicable law.

Simmons Energy | A Division of Piper Sandler Expands Exploration & Production Investment Banking

Monday, September 14, 2020 - 9:00pm

Simmons Energy I A Division of Piper Sandler (Simmons) is pleased to announce the addition of Doug Reynolds and Robert Urquhart as managing directors within the energy investment banking group.

Key Points: 
  • Simmons Energy I A Division of Piper Sandler (Simmons) is pleased to announce the addition of Doug Reynolds and Robert Urquhart as managing directors within the energy investment banking group.
  • Prior to joining the firm, Reynolds was formerly head of U.S. energy corporate and investment banking at Scotiabank.
  • Headquartered in the Piper Sandler Companies Houston office, with additional divisional locations in Piper Sandler Ltd.s Aberdeen and London offices, the Simmons team is one of the largest and most experienced energy investment banking groups in the industry.
  • Simmons Energy | A Division of Piper Sandler privacy policies are available for review under Disclosures & Policies at simmonspsc.com and PiperSandler.com.