Compact disc

First Internet Bancorp Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 24, 2024

On a fully-taxable equivalent basis, net interest income for the fourth quarter of 2023 was $21.0 million, compared to $18.6 million for the third quarter of 2023, and $23.1 million for the fourth quarter of 2022.

Key Points: 
  • On a fully-taxable equivalent basis, net interest income for the fourth quarter of 2023 was $21.0 million, compared to $18.6 million for the third quarter of 2023, and $23.1 million for the fourth quarter of 2022.
  • Total interest income for the fourth quarter of 2023 was $66.3 million, an increase of 5.2% compared to the third quarter of 2023, and an increase of 45.1% compared to the fourth quarter of 2022.
  • Net interest margin (“NIM”) was 1.58% for the fourth quarter of 2023, up from 1.39% for the third quarter of 2023 and down from 2.09% for the fourth quarter of 2022.
  • Noninterest income for the fourth quarter of 2023 was $7.4 million, consistent with the third quarter of 2023, and up $1.6 million, or 27.4%, from the fourth quarter of 2022.

Garmin ranked No. 1 for 20 consecutive years in Professional Pilot's Avionics Product Support Survey

Retrieved on: 
Wednesday, January 24, 2024

OLATHE, Kan., Jan. 24, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it is ranked No. 1 for the 20th consecutive year in Professional Pilot's 2024 Avionics Manufacturers Product Support Survey. Garmin received top rankings in every category of the survey, including product reliability, speed in AOG service, cost of parts, manuals or CDs, technical representatives and support from manufacturers.

Key Points: 
  • 1 for the 20th consecutive year in Professional Pilot's 2024 Avionics Manufacturers Product Support Survey.
  • "Achieving 20 consecutive years as the top-ranked avionics manufacturer for product support is an incredible honor, and it's a testament to the dedication of the entire Garmin team.
  • –Phil Straub, Garmin Executive Vice President and Managing Director, Aviation
    The annual Avionics Manufacturers Product Support Survey is based exclusively on direct responses from qualified Professional Pilot readers and aircraft operators.
  • This honor is the second product support recognition Garmin has received recently, following Aviation International News' Product Support Survey announced in September 2023 where Garmin also earned the top spot for the 20th consecutive year.

Community Banking Market to reach USD 207.21 billion by 2027, Bay Community Bancorp., BCB Bank & Bendigo and Adelaide Bank Ltd. emerge Among Key Players - 17000 + Technavio Reports

Retrieved on: 
Tuesday, January 23, 2024

The community banking market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The community banking market is fragmented owing to the presence of many global and regional companies.
  • BCB Bank- The company offers community banking services that provide financial support to construction businesses, commercial mortgages, and small to medium business enterprises.
  • Bendigo and Adelaide Bank Ltd. - The company offers community banking services that provide financial loans to doctors, hospitals, diagnostic centers, nursing homes along medical clinics.
  • The merchant banking services market is estimated to grow at a CAGR of 6.13% between 2021 and 2026.

BMO Named One of the Best Banks of 2024 in the U.S. by GOBankingRates

Retrieved on: 
Monday, January 22, 2024

Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.

Key Points: 
  • Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.
  • CHICAGO, Jan. 22, 2024 /PRNewswire/ - BMO today announced it has been named one of the " Best Banks of 2024 " by GOBankingRates, which analyzes the top financial institutions in the United States each year to help Americans find banks that will help them reach their financial goals.
  • BMO Smart Money ™: A low fee checking account with no overdraft fees that was awarded Bank On certification .
  • "At BMO, we meet customers where they are with leading digital experiences that drive real financial progress," said Mathew Mehrotra, Chief Digital Officer at BMO.

Corporate and Municipal CUSIP Request Volumes Fall in December

Retrieved on: 
Friday, January 12, 2024

The monthly volume decrease was driven by a 5.9% decline in request volume for corporate debt and a 15.2% decline in requests for Canadian corporate identifiers.

Key Points: 
  • The monthly volume decrease was driven by a 5.9% decline in request volume for corporate debt and a 15.2% decline in requests for Canadian corporate identifiers.
  • New York led state-level municipal request volume with a total of 68 new CUSIP requests in December, followed by Texas (62) and New Jersey (54).
  • “While corporate CUSIP request volumes have been generally strong all year, and have ended 2023 in positive territory, municipal volumes are down considerably from last year’s totals.”
    Requests for international equity CUSIPs fell 22.8% in December while international debt CUSIP requests fell 1.9%.
  • On an annualized basis, international equity CUSIP requests are down 16.3% and international debt CUSIP requests are down 4.1%.

Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers

Retrieved on: 
Wednesday, January 10, 2024

At least one Natixis Affiliated Investment Manager and one of our strategists believes the long-running Dollar bull market is in trouble.

Key Points: 
  • At least one Natixis Affiliated Investment Manager and one of our strategists believes the long-running Dollar bull market is in trouble.
  • Thus, the ability of an active investment to achieve its objectives will depend on the effectiveness of the investment manager.
  • The investment management subsidiaries of Natixis Investment Managers mentioned in this presentation conduct any investment management activities only in and from the jurisdictions in which they are licensed or authorized.
  • Natixis Distribution, LLC and Natixis Advisors, LLC are located at 888 Boylston Street, Suite 800, Boston, MA 02199.

Goomii, makes trading and investing smarter and easier

Retrieved on: 
Friday, December 22, 2023

The responsive, personal attention we provide for each client, regardless how large or small, is the key to the approach.

Key Points: 
  • The responsive, personal attention we provide for each client, regardless how large or small, is the key to the approach.
  • 1998, Between 1998 and 1999, helped grow and improve the online trading experience for self-directed investors.
  • With TD GooMii, not only can users trade commission-free online, but get access to all the platforms and products with no deposit minimums, trading minimums, or hidden fees.
  • Whether users are actively trading or investing for the long term, this platforms are filled with innovative tools and features to give users everything they need to make smarter, more informed decisions.

Corporate and Municipal CUSIP Request Volumes Rise in November

Retrieved on: 
Thursday, December 14, 2023

The monthly volume increase was driven by a 5.6% increase in request volume for corporate debt and a 3.1% increase in requests for U.S. corporate equity identifiers.

Key Points: 
  • The monthly volume increase was driven by a 5.6% increase in request volume for corporate debt and a 3.1% increase in requests for U.S. corporate equity identifiers.
  • Texas led state-level municipal request volume with a total of 146 new CUSIP requests in November, followed by California (72) and Indiana (70).
  • “Overall, corporate CUSIP request volumes have been strong throughout the rising rate environment and look to end the year in positive territory, but municipal volumes are likely to end the year down vs. what we saw in 2022.”
    Requests for international equity CUSIPs rose 37.4% in November while international debt CUSIP requests rose 9.0%.
  • On an annualized basis, international equity CUSIP requests are down 14.9% and international debt CUSIP requests are down 9.4%.

Bankrate Recognizes Texas Capital as the Best Regional Bank in 2024

Retrieved on: 
Wednesday, December 13, 2023

DALLAS, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, announced today the firm has been named by Bankrate as the Best Regional Bank in the consumer financial services company’s award program for 2024.

Key Points: 
  • DALLAS, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, announced today the firm has been named by Bankrate as the Best Regional Bank in the consumer financial services company’s award program for 2024.
  • Bankrate's evaluation process for the best regional bank category involved a comprehensive analysis of financial institutions with fewer than 500 branches in the U.S., focusing on their presence within a specific region.
  • Bankrate singled out Texas Capital’s main deposit accounts – checking, savings, money market and CDs – in evaluating the firm.
  • “We are proud to be recognized as the Best Regional Bank by Bankrate following what has been three transformative years for our firm,” said Texas Capital President & CEO Rob C. Holmes.

Alliance Entertainment’s AMPED Distribution to Empower Vydia’s Expansion into Physical Distribution

Retrieved on: 
Thursday, November 30, 2023

Vydia provides an all-in-one platform with cutting-edge technology that provides the digital infrastructure for audio and video distribution, content protection, rights management, advanced payments, and data tracking from one easy-to-use application.

Key Points: 
  • Vydia provides an all-in-one platform with cutting-edge technology that provides the digital infrastructure for audio and video distribution, content protection, rights management, advanced payments, and data tracking from one easy-to-use application.
  • Under the partnership Vydia will add physical distribution services to its existing online revenue management solutions for labels.
  • “From Vydia’s centralized platform, artists can now efficiently control physical direct to store fulfillment provided by AMPED.
  • Artists can further monetize their music and videos through sales of CDs and Vinyl, which continue to be popular with collectors and superfan markets.