Financial system

Alerus Financial Corporation Declares Cash Dividend on Common Shares

Retrieved on: 
Thursday, August 24, 2023

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share, a 5.56% increase over the dividend paid a year ago.

Key Points: 
  • Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share, a 5.56% increase over the dividend paid a year ago.
  • The dividend is payable on October 13, 2023 to shareholders of record as of close of business on September 15, 2023.
  • Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus’ investor relations website at investors.alerus.com .

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Friday, August 18, 2023

TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05008 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05008 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable September 8, 2023 to shareholders on record as at August 31, 2023.
  • 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.

oneZero makes Inc. 5000 list of America's fastest-growing private companies for second consecutive year

Retrieved on: 
Tuesday, August 15, 2023

The Inc 5000 is the most prestigious ranking of the fastest-growing private companies in America.

Key Points: 
  • The Inc 5000 is the most prestigious ranking of the fastest-growing private companies in America.
  • The ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment – its independent, entrepreneurial businesses.
  • Facebook, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
  • Andrew Ralich, CEO and Co-Founder of oneZero commented: "oneZero has endeavored to take a technology driven approach to delivering innovation in financial software.

oneZero makes Inc. 5000 list of America's fastest-growing private companies for second consecutive year

Retrieved on: 
Tuesday, August 15, 2023

The Inc 5000 is the most prestigious ranking of the fastest-growing private companies in America.

Key Points: 
  • The Inc 5000 is the most prestigious ranking of the fastest-growing private companies in America.
  • The ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment – its independent, entrepreneurial businesses.
  • Facebook, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
  • Andrew Ralich, CEO and Co-Founder of oneZero commented: "oneZero has endeavored to take a technology driven approach to delivering innovation in financial software.

Quanterix Appoints Vandana Sriram as Chief Financial Officer

Retrieved on: 
Wednesday, August 9, 2023

Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery and breakthrough diagnostics through ultrasensitive biomarker detection, today announced that it has appointed Vandana Sriram, CPA, as Chief Financial Officer (CFO), effective August 21, 2023.

Key Points: 
  • Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery and breakthrough diagnostics through ultrasensitive biomarker detection, today announced that it has appointed Vandana Sriram, CPA, as Chief Financial Officer (CFO), effective August 21, 2023.
  • “Vandana is experienced in developing and executing strategic roadmaps and financial plans to foster growth opportunities,” said Masoud Toloue, CEO at Quanterix.
  • While there, she led overall financial planning and drove simplification of financial processes and operating rhythms during a highly dynamic COVID downturn period.
  • Sriram also graduated from the GE Experience Financial Leadership Program and is a registered CPA.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on: 
Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points: 
  • Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
    SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
  • "We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
  • Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
  • BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on: 
Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points: 
  • Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
    SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
  • "We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
  • Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
  • BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

FICO Wins Innovators 2023 Award from Global Finance for Blockchain in AI Model Governance

Retrieved on: 
Thursday, July 20, 2023

FICO has been named one of The Innovators 2023 for its use of blockchain to manage and monitor AI development.

Key Points: 
  • FICO has been named one of The Innovators 2023 for its use of blockchain to manage and monitor AI development.
  • Developed and patented by FICO’s AI Innovation and Development team, Blockchain for AI Model Governance uses an immutable blockchain ledger that tracks end-to-end provenance of the development, operationalization and monitoring of ML models.
  • These are all tracked to an immutable blockchain to solidly demonstrate compliance with model development standards, compliance testing, and responsible AI.
  • The AI model governance blockchain enables auditable AI requirements to support governance, regulators, monitoring, and remedy of production issues.

US FINANCIAL 15 SPLIT CORP. Preferred Dividend Declared

Retrieved on: 
Tuesday, July 18, 2023

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04750 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04750 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable August 10, 2023 to shareholders on record as at July 31, 2023.
  • 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.