Rosemont, Illinois

Popular, Inc. to Participate in the upcoming UBS Financial Services Virtual Conference

Retrieved on: 
Tuesday, August 3, 2021
Banking, Professional services, Insurance, Finance, Finance, Banks, Companies, Rosemont, Illinois, Popular, Inc., UBS, PUERTO RICO, First Bancorp, W Holding Company

Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming UBS Financial Services Virtual Conference on Wednesday, August 11, 2021.

Key Points: 
  • Popular, Inc. (NASDAQ: BPOP) announced today that it will participate in the upcoming UBS Financial Services Virtual Conference on Wednesday, August 11, 2021.
  • Carlos J. Vzquez, Executive Vice President and Chief Financial Officer of Popular, Inc., will speak at 3:00 p.m. Eastern Time.
  • Founded in 1893, Banco Popular de Puerto Rico, Populars principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
  • Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries.

BDT Capital Partners Completes Acquisition of Culligan International

Retrieved on: 
Monday, August 2, 2021
Professional services, Utilities, Manufacturing, Energy, Finance, Other Manufacturing, Banking, Investment, Culligan, Franchises, Rosemont, Illinois, Byron Trott, Finance, Centerbridge Partners, Advent International, BDT, Financial services

BDT Capital Partners, LLC (BDT), affiliated with BDT & Co., LLC, a merchant bank that provides closely held businesses with long-term, differentiated capital, and Culligan International (Culligan), the innovative brand in consumer-focused and sustainable water solutions and services, today announced the completion of a transaction in which BDT has acquired Culligan through its affiliated funds.

Key Points: 
  • BDT Capital Partners, LLC (BDT), affiliated with BDT & Co., LLC, a merchant bank that provides closely held businesses with long-term, differentiated capital, and Culligan International (Culligan), the innovative brand in consumer-focused and sustainable water solutions and services, today announced the completion of a transaction in which BDT has acquired Culligan through its affiliated funds.
  • Several strategic family business owners and investors within BDTs global network co-invested alongside BDT in the transaction.
  • Culligan was acquired from private equity investors Advent International (Advent) and Centerbridge Partners, L.P. (Centerbridge).
  • As part of this transaction, Advent has reinvested in Culligan to acquire a minority stake in the business.

Wintrust Financial Corporation Announces Cash Dividends

Retrieved on: 
Thursday, July 22, 2021
Rosemont, Illinois, Wintrust Financial, NASDAQ, Dividend, Finance, Financial markets, Companies

ROSEMONT, Ill., July 22, 2021 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Wintrust or the Company) (Nasdaq: WTFC) today announced that the Companys Board of Directors approved a quarterly cash dividend of $0.31 per share of outstanding common stock.

Key Points: 
  • ROSEMONT, Ill., July 22, 2021 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Wintrust or the Company) (Nasdaq: WTFC) today announced that the Companys Board of Directors approved a quarterly cash dividend of $0.31 per share of outstanding common stock.
  • Wintrust is a financial holding company with assets of over $46 billion whose common stock is traded on the NASDAQ Global Select Market.
  • Wintrust operates fifteen community bank subsidiaries, with over 170 banking locations located in the greater Chicago and southern Wisconsin market areas.
  • Forward-looking statements speak only as of the date made and Wintrust undertakes no duty to update the information.

U.S. Restaurant Industry Recovery Will Depend on Strength of Key Dayparts

Retrieved on: 
Wednesday, July 14, 2021
Psychiatry, Rosemont, Illinois, US Foods, Foodservice, Dayparting, Recovery model, Meal, Self, Medical specialties

The key to the industry's recovery will be the strength of each daypart.

Key Points: 
  • The key to the industry's recovery will be the strength of each daypart.
  • Snack will recover differently depending on the new rhythms of home, school, and work-life according to NPD's continual tracking of the U.S. foodservice industry.
  • Since morning meal visits are habitual, recovery for this daypart will depend on consumers returning to workplaces and schools.
  • "Across dayparts, the motivations for visiting restaurants are evolving, necessitating a refocus on how restaurant operators target consumers," says David Portalatin, NPD food industry advisor and author of Eating Patterns in America .

Popular, Inc. Declares Dividend on Preferred Stock, Announces Distribution on Trust Preferred Securities

Retrieved on: 
Friday, July 2, 2021
Banking, Professional services, Finance, Corporate finance, Financial markets, Finance, Financial economics, Popular, Inc., Rosemont, Illinois, Trust-preferred security, PUERTO RICO, Preferred stock, Income trust

The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities:

Key Points: 
  • The Corporation also announced the following monthly distributions on its outstanding Trust Preferred Securities:
    a monthly distribution of $0.139583 per security of 6.700% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I, payable on August 2, 2021 to holders of record as of July 15, 2021; and
    a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on August 2, 2021 to holders of record as of July 15, 2021.
  • Popular, Inc. (NASDAQ: BPOP) is the leading financial institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companies by assets.
  • Founded in 1893, Banco Popular de Puerto Rico, Populars principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
  • Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries.

Nation’s Restaurant News and Datassential cement deep partnership to serve foodservice industry, release new Firefly Top 500 report

Retrieved on: 
Wednesday, June 23, 2021
Restaurant, Rosemont, Illinois

The release of this data cements a deeper partnership between the two companies to provide definitive data and trend information for the entire foodservice ecosystem.

Key Points: 
  • The release of this data cements a deeper partnership between the two companies to provide definitive data and trend information for the entire foodservice ecosystem.
  • Nations Restaurant News and Datassential are the premier authorities and only independent brands serving foodservice leaders as they look to rebuild and grow.
  • The 2021 Top 500 restaurant chains report is the first joint production in a multiyear partnership that establishes Nations Restaurant News and Datassentials Firefly platform as the leading source for restaurant industry data.
  • The 2021 Top 500 report is live on NRN.com and is featured in the June issue of Nations Restaurant News magazine.

First National Corporation and The Bank of Fincastle Receive Shareholder Approvals for Merger

Retrieved on: 
Tuesday, June 22, 2021
Primary dealers, Banks, Rosemont, Illinois, Wintrust Financial, Companies, Harleysville National Corporation

First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg, Virginia.

Key Points: 
  • First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg, Virginia.
  • In addition to providing traditional banking services, First Bank operates a wealth management division under the name First Bank Wealth Management.
  • First Bank also owns First Bank Financial Services, Inc., which invests in entities that provide investment services and title insurance.
  • First National has filed relevant documents concerning the merger with the SEC, including a registration statement on Form S-4 which includes a joint proxy statement of First National and Fincastle and a prospectus of First National.

Wintrust Financial Corporation Announces Second Quarter and Year-to-Date 2021 Earnings Release Schedule

Retrieved on: 
Monday, June 21, 2021
Rosemont, Illinois, Wintrust Financial, NASDAQ, New York City, Finance, Service companies

ROSEMONT, Ill., June 21, 2021 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release its second quarter and year-to-date 2021 earnings results after the market closes on Monday, July 19, 2021 and host a conference call on Tuesday, July 20, 2021 at 11:00 a.m. (CDT).

Key Points: 
  • ROSEMONT, Ill., June 21, 2021 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation ("Wintrust") (Nasdaq: WTFC) today announced it will release its second quarter and year-to-date 2021 earnings results after the market closes on Monday, July 19, 2021 and host a conference call on Tuesday, July 20, 2021 at 11:00 a.m. (CDT).
  • The text of the second quarter and year-to-date 2021 earnings release will be available at http://www.wintrust.com , Investor Relations, Investor News and Events, Press Releases link.
  • Wintrust is a financial holding company with assets of approximately $45 billion whose common stock is traded on the NASDAQ Global Select Market.
  • Forward-looking statements speak only as of the date made and Wintrust undertakes no duty to update the information.

Life Fitness and PEAR Sports® Formalize Long-Term Strategic Partnership

Retrieved on: 
Wednesday, June 16, 2021
Brunswick Corporation, Life Fitness, Rosemont, Illinois, Fitness, Physical exercise, Mergers and acquisitions, Finance

ROSEMONT, Ill.and NEWPORT BEACH, Calif., June 16, 2021 /PRNewswire/ --To meet the need for adaptive, personalized training content, Life Fitness, the global leader in commercial fitness equipment, today announced a vested strategic partnership with PEAR Sports, the leader in smart, digital coaching technology.

Key Points: 
  • ROSEMONT, Ill.and NEWPORT BEACH, Calif., June 16, 2021 /PRNewswire/ --To meet the need for adaptive, personalized training content, Life Fitness, the global leader in commercial fitness equipment, today announced a vested strategic partnership with PEAR Sports, the leader in smart, digital coaching technology.
  • PEAR Sports is developing intelligent extensions to the PEAR Health & Fitness Platform to provide hyper-personalized workouts, training plans and content to specifically meet the needs of fitness facilities and exercisers.
  • The two companies are continuously working together to integrate technologies to develop and deliver the most state-of-the-art, engaging fitness experiences, on and off Life Fitness equipment.
  • As part of this growing partnership, Life Fitness will expand its digital fitness solutions with AI-driven, digital coaching tools designed with PEAR.

Popular Originated $2.1 Billion in Loans Under the SBA Paycheck Protection Program

Retrieved on: 
Tuesday, June 15, 2021
Banking, Professional services, Finance, Spanish Empire, Popular, Inc., Rosemont, Illinois, Countries, PUERTO RICO, Paycheck Protection Program, Islands, First Bancorp, W Holding Company

Popular, Inc., (Nasdaq: BPOP), today announced that, upon completion of the second round of the Paycheck Protection Program (PPP) on May 31, 2021, it had processed nearly 50,000 loans, originating $2.1 billion in both rounds of the program.

Key Points: 
  • Popular, Inc., (Nasdaq: BPOP), today announced that, upon completion of the second round of the Paycheck Protection Program (PPP) on May 31, 2021, it had processed nearly 50,000 loans, originating $2.1 billion in both rounds of the program.
  • Popular was the main bank in Puerto Rico in terms of loans processed in both PPP rounds, with a total of $1.7 billion or 62% of the total loans originated on the island.
  • Founded in 1893, Banco Popular de Puerto Rico, Populars principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.
  • Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries.