First Bank

FirstBank Announces New Chief Banking Officer

Retrieved on: 
Thursday, April 4, 2024
Retirement, First Bank, Front Range, CBO, American Banker

LAKEWOOD, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- FirstBank , one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO).

Key Points: 
  • LAKEWOOD, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- FirstBank , one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO).
  • The board elected previous FirstBank President Kevin Classen as the new CEO and promoted Kelly Kaminskas to Chief Operating Officer.
  • “Adam is well known for creating successful business alliances and being a strong collaborator throughout FirstBank and Colorado,” said Kevin Classen, CEO of FirstBank.
  • As CBO, my goal is to build on that success by doing what FirstBank does best: banking for good.

First Bank Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Thursday, March 28, 2024
First Bank, Conference

HAMILTON, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its first quarter ended March 31, 2024.

Key Points: 
  • HAMILTON, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its first quarter ended March 31, 2024.
  • Patrick L. Ryan, President and Chief Executive Officer, Andrew L. Hibshman, Chief Financial Officer, Peter J. Cahill, Chief Lending Officer, and Darleen Gillespie, Chief Retail Banking Officer will provide an overview of first quarter 2024 results.
  • The Company’s first quarter results will be released after the market closes on April 22, 2024 and will also be available in the “Investor Relations” section of the Company’s website.
  • Conference replay information is also available on the Company’s website, www.firstbanknj.com.

First National Corporation to Acquire Touchstone Bankshares, Inc.

Retrieved on: 
Tuesday, March 26, 2024
Bank, Culture, PRINCE, Partnership, LLP, First Bank, First National

STRASBURG, Va. and PRINCE GEORGE, Va., March 26, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC) and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA) announced today they have entered into a definitive merger agreement for First National to acquire Touchstone in an all-stock transaction.

Key Points: 
  • STRASBURG, Va. and PRINCE GEORGE, Va., March 26, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC) and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA) announced today they have entered into a definitive merger agreement for First National to acquire Touchstone in an all-stock transaction.
  • Under the terms of the agreement, Touchstone shareholders will receive 0.8122 shares of First National stock for each share of Touchstone stock.
  • First National and First Bank will appoint three Touchstone directors to join the existing nine legacy directors on each respective Board.
  • Hovde Group, LLC served as financial advisor and Nelson Mullins Riley & Scarborough, LLP provided legal counsel to First National.

Gateway Expands Private Wealth Division

Retrieved on: 
Tuesday, April 9, 2024
Banking, Personal Finance, Professional Services, Finance, Chartered, Gateway, Business development, LPL Financial, LPL, Trust, First Bank, FINANCIAL

Gateway First Bank, one of the largest banking operations in Oklahoma, recently expanded Gateway Private Wealth services through a relationship with LPL Financial, a wealth management firm.

Key Points: 
  • Gateway First Bank, one of the largest banking operations in Oklahoma, recently expanded Gateway Private Wealth services through a relationship with LPL Financial, a wealth management firm.
  • LPL Financial is an industry-leading firm that helps financial institutions build exceptional wealth management programs to better serve their communities—and help their clients thrive.
  • “We are excited that Josh has joined our growing team of financial professionals at Gateway.
  • Private Wealth will complement our already robust commercial, retail banking, and mortgage banking businesses and help us continue to expand our footprint in the communities we serve,” said Crouse.

FB Financial Corporation Announces $100 Million Common Stock Repurchase Authorization

Retrieved on: 
Thursday, March 21, 2024
Banking, Professional Services, Finance, First Bank, FBK

FB Financial Corporation (“the Company”) (NYSE: FBK), the parent company of FirstBank, announced today that its board of directors authorized the repurchase of up to $100 million of the Company’s outstanding common stock.

Key Points: 
  • FB Financial Corporation (“the Company”) (NYSE: FBK), the parent company of FirstBank, announced today that its board of directors authorized the repurchase of up to $100 million of the Company’s outstanding common stock.
  • The repurchase authorization will be in place until January 31, 2026, and replaces the Company’s previous authorization, which expired on January 31, 2024.
  • Christopher T. Holmes, President and Chief Executive Officer, commented, “This repurchase authorization reflects the Company’s financial strength and strong profitability.
  • Our management team is keenly focused on deploying capital to deliver superior returns and to create long-term value.

Family-Owned Businesses Optimistic About Economy and Growth in 2024 and Plan for Increased Hiring and Employee Engagement

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Business, Small Business, Other Professional Services, Finance, Banking, Health, Attention, Organization, Environment, Partnership, CFOB, Research, Family, First Bank, GDP, Gross domestic product, Workforce

The U.S. economy is largely made up of family-owned or controlled companies, totaling 87% of American businesses.

Key Points: 
  • The U.S. economy is largely made up of family-owned or controlled companies, totaling 87% of American businesses.
  • “Family-owned businesses drive our communities, and the survey highlights their enduring strength, resilience, and innovative spirit on a day-to-day basis,” said Michael Dierberg, chairman of the board, First Bank.
  • The First Bank Center for Family-Owned Businesses was created in 2021 to expand focus and resources for family-owned businesses.
  • The Center offers tailored resources to serve the unique needs of family business members, online tools, webinars, and educational opportunities for family-owned businesses of all sizes.

Treasury Prime Expands Bank Network through Partnership with OMB Bank

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Data Management, Technology, Software, Finance, Fintech, Banking, Partnership, First Bank, As a service, Treasury, OMB, Bank

Treasury Prime , a leading embedded banking software company, announced today that OMB Bank has joined the Treasury Prime Bank Network to offer innovative embedded banking solutions to customers in the fintech space.

Key Points: 
  • Treasury Prime , a leading embedded banking software company, announced today that OMB Bank has joined the Treasury Prime Bank Network to offer innovative embedded banking solutions to customers in the fintech space.
  • The partnership marks the latest addition to Treasury Prime’s industry-leading bank network, which now totals more than 15 financial institutions nationwide.
  • “We’re thrilled to welcome OMB Bank to our growing bank network, which is reshaping how bank-fintech collaborations operate,” said Jeff Nowicki, Chief Banking Officer at Treasury Prime.
  • Embedded banking solutions represent the future of innovation and improving financial experiences for everyone, and Treasury Prime is at the forefront of this evolving landscape.”
    The OMB Bank partnership comes just weeks after Treasury Prime announced a new strategic partnership between FirstBank and High Circle.

FIRSTBANK GUINEA EMERGES VICTORIOUS AT GLOBAL BRANDS MAGAZINE AWARDS

Retrieved on: 
Tuesday, March 12, 2024
Innovation, Best, GBM, Bank, Social responsibility, MD, First Bank, Corporate social responsibility, USSD, Mobile phone

LONDON, March 12, 2024 /PRNewswire/ -- The Prestigious Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, honours worldwide brands that distinguish themselves across diverse industries every year. GBM conducted a comprehensive assessment covering multiple criteria, including Corporate Social Responsibility, Mobile Banking Services, Brand Reputation and Recognition, Financial Performance, Innovation and Technology, among others. FirstBank Guinea demonstrated exceptional performance in this evaluation, highlighting its excellence and earning well-deserved recognition from Global Brands Magazine.

Key Points: 
  • FirstBank Guinea receives prestigious 'Best CSR Brand, Guinea', and 'Best Mobile Banking Brand, Guinea' awards for 2023 at the distinguished Global Brand Awards.
  • LONDON, March 12, 2024 /PRNewswire/ -- The Prestigious Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, honours worldwide brands that distinguish themselves across diverse industries every year.
  • FirstBank Guinea demonstrated exceptional performance in this evaluation, highlighting its excellence and earning well-deserved recognition from Global Brands Magazine.
  • Commenting on winning the award, Jay Reddy, Director, Global Brands Magazine said, "FirstBank Guinea has demonstrated exceptional commitment to social responsibility and innovation in banking, and we are thrilled to recognize them as the recipients of the 'Best CSR Brand, Guinea' and 'Best Mobile Banking Brand, Guinea' awards at the prestigious Global Brand Awards 2023.

FIRSTBANK GUINEA EMERGES VICTORIOUS AT GLOBAL BRANDS MAGAZINE AWARDS

Retrieved on: 
Tuesday, March 12, 2024
Innovation, Best, GBM, Bank, Social responsibility, MD, First Bank, Corporate social responsibility, USSD, Mobile phone

LONDON, March 12, 2024 /PRNewswire/ -- The Prestigious Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, honours worldwide brands that distinguish themselves across diverse industries every year. GBM conducted a comprehensive assessment covering multiple criteria, including Corporate Social Responsibility, Mobile Banking Services, Brand Reputation and Recognition, Financial Performance, Innovation and Technology, among others. FirstBank Guinea demonstrated exceptional performance in this evaluation, highlighting its excellence and earning well-deserved recognition from Global Brands Magazine.

Key Points: 
  • FirstBank Guinea receives prestigious 'Best CSR Brand, Guinea', and 'Best Mobile Banking Brand, Guinea' awards for 2023 at the distinguished Global Brand Awards.
  • LONDON, March 12, 2024 /PRNewswire/ -- The Prestigious Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, honours worldwide brands that distinguish themselves across diverse industries every year.
  • FirstBank Guinea demonstrated exceptional performance in this evaluation, highlighting its excellence and earning well-deserved recognition from Global Brands Magazine.
  • Commenting on winning the award, Jay Reddy, Director, Global Brands Magazine said, "FirstBank Guinea has demonstrated exceptional commitment to social responsibility and innovation in banking, and we are thrilled to recognize them as the recipients of the 'Best CSR Brand, Guinea' and 'Best Mobile Banking Brand, Guinea' awards at the prestigious Global Brand Awards 2023.

Nashville's Gulch Lands Major Tenant as Calvetti Ferguson Signs Office Lease

Retrieved on: 
Tuesday, March 5, 2024
CPA, First Bank, Restaurant, Accounting Today, Growth, Creativity, Partnership

Calvetti Ferguson will occupy the space in August, with over 15,000 square feet on the 20th floor.

Key Points: 
  • Calvetti Ferguson will occupy the space in August, with over 15,000 square feet on the 20th floor.
  • "As we expand our footprint, we're thrilled to plant roots in Nashville's vibrant Gulch neighborhood," said Jason Ferguson, the firm’s managing partner.
  • We believe this location will attract top talent to join Calvetti Ferguson and provide a stellar environment for client collaboration and partnership."
  • “Our office is a place for our people, clients, and community partners to gather, learn, collaborate, and contribute to the Nashville community,” says Nicholas McClay, Nashville office managing partner at Calvetti Ferguson.