United States Department of the Treasury

Perella Weinberg Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Insurance, Treasury, International, PWP, GAAP, Securities and Exchange Commission (Nigeria), Common stock, Perella Weinberg Partners, Partnership, Webcast, Travel, Settlement, Domestic, United States Department of the Treasury, Investment, Holt, Security (finance)

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Firm” or “PWP”) (NASDAQ:PWP) today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • GAAP total compensation and benefits were $127.8 million for the third quarter of 2023, compared to $123.3 million for the third quarter of 2022.
  • GAAP non-compensation expenses were $37.9 million for the third quarter of 2023, compared with $30.9 million for the third quarter of 2022.
  • Adjusted non-compensation expenses were $34.3 million for the third quarter of 2023, compared with $27.8 million for the same period a year ago.
  • Management will host a webcast and conference call on Tuesday, November 7, 2023 at 9:00 am ET to discuss PWP’s financial results for the third quarter ended September 30, 2023.

Simplify Launches the MTBA ETF, Revolutionizing Exposure to Mortgage-Backed Securities

Retrieved on: 
Tuesday, November 7, 2023
Consulting, Banking, Professional Services, Finance, MBS, TUA, OTC, Federal Reserve, MTBA, United States Treasury security, Exchange-traded fund, Federal, ETF, TBA, United States Department of the Treasury, Fannie Mae, Investment, Treasury, Cryptocurrency, Security (finance), Simplification

Simplify Asset Management (“Simplify”) , an innovative provider of Exchange Traded Funds (“ETFs”), is today launching its newest fund, the Simplify MBS ETF (MTBA) .

Key Points: 
  • Simplify Asset Management (“Simplify”) , an innovative provider of Exchange Traded Funds (“ETFs”), is today launching its newest fund, the Simplify MBS ETF (MTBA) .
  • MTBA invests in mortgage-backed securities (MBS), which provide attractive yields versus comparable US Treasuries while carrying little to no credit risk.
  • Rather than go broad, now is the time for investors to consider the exposure offered by MTBA,” added Bassman.
  • In addition to MTBA and PFIX, Simplify has also introduced a number of other innovative fixed income ETFs, such as the Simplify Short Term Futures Strategy ETF (TUA) .

Bay Community Bancorp Earns $3.12 Million in Third Quarter 2023; Declares Quarterly Cash Dividend of $0.05 Per Share

Retrieved on: 
Tuesday, October 31, 2023
FDIC, Community development financial institution, Bank, SVP, Environmental protection, Share repurchase, Acquisition, United States Department of the Treasury, Community Development Financial Institutions Fund, Environment, Phase 10, Growth, Community Bank, NOW, Current Expected Credit Losses, Bay, CECL, Compact disc, Common equity, Federal, CDFI, BEA, San Francisco, ECIP, Failure, Holding company, Real estate, Video game, Rare-earth element, San Francisco Bay Area

The Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share.

Key Points: 
  • The Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share.
  • This marks the eleventh consecutive cash dividend payment since the Company initiated quarterly cash dividends on April 30, 2021.
  • Earnings per common share was $0.36 in the third quarter of 2023, compared to $0.25 in the third quarter a year ago, and $0.21 in the preceding quarter.
  • Pre-tax, pre-provision, pre-CDFI grant income was $1.99 million in the third quarter of 2023, compared to $3.14 million in the year ago quarter, and $2.54 million in the second quarter of 2023.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline – PACW

Retrieved on: 
Friday, October 27, 2023
Signature Bank, Banc of California, Action Replay, Sale, Defendant, FDIC, Treasury, Prior, Pressure, Report, PacWest Bancorp, Person, News, Court, Form 10-Q, Bank holding company, Ext, Silvergate, Complaint, Pomerantz, SVB, LLP, Silicon Valley Bank, District court, PWB, First Republic Bank, Central District, Fed, Federal, Safety, PacWest, Silvergate Bank, United States Department of the Treasury, Investment, Banq, Bank, Cryptocurrency, Security (finance), Bloomberg

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • PacWest operates as a holding company for its wholly-owned subsidiary, Pacific Western Bank (“PWB”), a regional bank based in Los Angeles, California.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023

Retrieved on: 
Friday, October 27, 2023
Insurance, Sale, Bank, Tax, Federal Home Loan Banks, Investment, Federal Reserve Bank, Advertising, Environment, Public sector banks in India, Community Bank, FHLB, CECL, Borrowing base, Depreciation, Federal, Compass (drawing tool), Atlantic Ocean, United States Department of the Treasury, Death, Cryptocurrency, Real estate, Life insurance, Rare-earth element, Airline, Car rental

Net interest income totaled $25.1 million for the three months ended September 30, 2023, as compared to $17.5 million for the three months ended September 30, 2022.

Key Points: 
  • Net interest income totaled $25.1 million for the three months ended September 30, 2023, as compared to $17.5 million for the three months ended September 30, 2022.
  • Net interest income totaled $72.0 million for the nine months ended September 30, 2023 as compared to $42.9 million for the nine months ended September 30, 2022.
  • We charged-off $71,000 during the three months ended September 30, 2023 as compared to charge-offs of $6,000 during the three months ended September 30, 2022.
  • We charged-off $285,000 during the nine months ended September 30, 2023 as compared to charge-offs of $22,000 during the nine months ended September 30, 2022.

TD Ameritrade Investor Movement Index: IMX Score Held Steady During October

Retrieved on: 
Monday, November 6, 2023
Other Retail, Finance, Asset Management, Banking, Accounting, Professional Services, Retail, Business, Name, VIX, Global Industry Classification Standard, Labour, Food, Main Street, SPX, Consumer, Reading, Pressure, Financial Industry Regulatory Authority, Statistics, CPI, Multimedia, State, CBOE, TD, United States Department of the Treasury, Federal, Education, IMX, Cryptocurrency

The Investor Movement Index ® (IMXSM) came in at 5.64 in October, flat with September and still below a 52-week high of 5.70 in August.

Key Points: 
  • The Investor Movement Index ® (IMXSM) came in at 5.64 in October, flat with September and still below a 52-week high of 5.70 in August.
  • The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors were doing during the period and how they were positioned in the markets.
  • View the full release here: https://www.businesswire.com/news/home/20231106410178/en/
    The reading for the four-week period ending October 27, 2023 ranks “moderate low” compared to historic averages.
  • TD Ameritrade clients were net buyers of equities overall during the period.

First Trust Advisors L.P. Announces Distribution for Exchange-Traded Funds

Retrieved on: 
Tuesday, October 31, 2023
Professional Services, Finance, PDR, Treasury, Index, FINRA, Internal Revenue Code, FTA, Exercise, Investment, Federal, National Futures Association, FTP, COVID-19, Risk, S&P, NAV, Reputational damage, RIC, Sale, Gold, Terrorism, Judgement, Trust, Marketing, Infection, Chicago, Information technology, FLEX, Federal Reserve, AIB (NI), Corporation, Fund, Standard, WGTS, ERISA, Government, ETF, Prospectus, Internal Revenue Code section 409A, United States Department of the Treasury, Uncertainty, Failure, Financial adviser, Bank, Security (finance), Life insurance, Risk management, Cryptocurrency, Financial services

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA has collective assets under management or supervision of approximately $195 billion as of September 30, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

CME Group Reports Highest-Ever October ADV of 25.2 Million Contracts

Retrieved on: 
Thursday, November 2, 2023
SOFR, Growth, ADV, United States Department of the Treasury, CME Group, Drug

Continued growth across SOFR and U.S. Treasury complexes

Key Points: 
  • Continued growth across SOFR and U.S. Treasury complexes
    CHICAGO, Nov. 2, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its October 2023 market statistics, reaching an average daily volume (ADV) of 25.2 million contracts during the month, an increase of 11% over 2022 and the company's highest-ever October ADV on record.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • October 2023 ADV across asset classes includes:
    Additional October 2023 product highlights compared to October 2022 include:

CME Group Expands Suite of Short-Term Options on U.S. Treasury Futures

Retrieved on: 
Monday, October 30, 2023
Fed, ADV, United States Department of the Treasury, CBOT, Risk management, Risk, CME Group, Online shopping, Security (finance)

CHICAGO, Oct. 30, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the expansion of its U.S. Treasury options suite with the launch of Monday expiries.

Key Points: 
  • CHICAGO, Oct. 30, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the expansion of its U.S. Treasury options suite with the launch of Monday expiries.
  • Year-to-date in 2023, CME Group reached a record average daily volume (ADV) of 1.1 million contracts in U.S. Treasury options – including a record ADV of 348,000 contracts in Weekly U.S. Treasury options.
  • Weekly U.S. Treasury options are listed by and subject to the rules of CBOT, receiving automatic margin offsets against existing CME Group Interest Rate futures and options.
  • For more information on Weekly U.S. Treasury options from CME Group, please visit our product page here .

PEOPLES FINANCIAL CORPORATION REPORTS RESULTS FOR THE THIRD QUARTER OF 2023 AND ANNOUNCES A 50% INCREASE IN REGULAR CASH DIVIDENDS AND THE PAYMENT OF A SPECIAL DIVIDEND

Retrieved on: 
Friday, October 27, 2023
Sale, FDIC, Treasury, Bank, Federal Home Loan Banks, R & G Financial Corporation, Trust, Growth, External commercial borrowing, Total, People's Bank, United States Department of the Treasury, People's Bank (Sri Lanka), Life insurance

BILOXI, Miss., Oct. 27, 2023 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank (the "Bank"), announced earnings for the third quarter ending September 30, 2023.

Key Points: 
  • BILOXI, Miss., Oct. 27, 2023 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank (the "Bank"), announced earnings for the third quarter ending September 30, 2023.
  • Net income for the third quarter of 2023 was $1,910,000 compared to net income of $1,786,000 for the third quarter of 2022.
  • The earnings per weighted average common share for the third quarter of 2023 were $0.41 compared to earnings per weighted average common share of $0.38 for the third quarter of 2022.
  • Per share figures are based on weighted average common shares outstanding of 4,677,827 and 4,678,186 for the third quarters of 2023 and 2022, respectively.