UMB

Swiss Firms Bank on Microsoft to Help Accelerate Change

Retrieved on: 
Wednesday, May 17, 2023
Networks, Electronic Design Automation, Data Management, Technology, Software, Cloud, ISG, Insurance, Microsoft Teams, Communication, Software as a service, Research report, Swisscom, UMB, Rising Star, Microsoft, Research, SAP, Microsoft Power Platform, TEAMS, Investment, IOZ, Knowledge, Azure, ELCA, Dataone, Rest, Computation, Tourism, Video game, Cryptocurrency

Azure, for instance, has only been available in Switzerland for a little more than two years.

Key Points: 
  • Azure, for instance, has only been available in Switzerland for a little more than two years.
  • “Azure customers in Switzerland often have a strong regional focus,” said Uwe Ladwig, managing director, ISG Switzerland.
  • As a result, the Swiss IT market is likely to expand more rapidly than elsewhere in Europe, the ISG report says.
  • A key component of most Swiss projects is converting telephony to an advanced solution centered on Microsoft Teams, ISG says.

CompoSecure Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Communication, Face, UMB, B2C, Accounting, EBITDA, Elevate, Earnout, Growth, EPS, Mobile phone, Cryptocurrency, Financial services, Reinsurance, American Express

SOMERSET, N.J., May 03, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its financial and operating results for the first quarter ended March 31, 2023.

Key Points: 
  • SOMERSET, N.J., May 03, 2023 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its financial and operating results for the first quarter ended March 31, 2023.
  • “2023 is off to a solid start driven by strong sales execution, deep customer engagement, and continued demand for our premium metal cards,” said Jon Wilk, President and CEO of CompoSecure.
  • Looking ahead, we are reiterating our net sales and adjusted EBITDA guidance for 2023 based on our expectation of continued sales execution.
  • The Company will host a conference call and live audio webcast today at 5:00 p.m. Eastern time to discuss its financial and operational results, followed by a question-and-answer period.

ARBONNE ANNOUNCES NEW HR LEADERSHIP APPOINTMENT

Retrieved on: 
Friday, April 21, 2023
Deakin University, Senior, University of Strasbourg, Biotechnology, Human, Certification, Beauty, Growth, Government, Arbonne International, Grenoble Alpes University, Management, UMB, Arbonne

IRVINE, Calif., April 21, 2023 /PRNewswire/ -- Arbonne International, a global leader in personal care, nutrition, beauty, and wellness products, announces that Léa Baltzinger has joined Arbonne as its Chief People Officer. The new appointment complements the company's investment in cultivating culture to meet a dynamic future in direct selling while supporting Arbonne's mission. 

Key Points: 
  • IRVINE, Calif., April 21, 2023 /PRNewswire/ -- Arbonne International , a global leader in personal care, nutrition, beauty, and wellness products, announces that Léa Baltzinger has joined Arbonne as its Chief People Officer.
  • The new appointment complements the company's investment in cultivating culture to meet a dynamic future in direct selling while supporting Arbonne's mission.
  • "Léa brings tremendous global experience in human resources leadership and organizational development to our team," said Tyler Whitehead, CEO of Arbonne.
  • Baltzinger has held senior HR leadership positions in multiple industries, including hospitality, retail, consumer electronics and biotechnology.

UMB Announces Conference Call to Discuss First Quarter 2023 Results

Retrieved on: 
Tuesday, April 11, 2023
Banking, Professional Services, Finance, Interest, UMBF, UMB, UMB Financial Corporation, Cryptocurrency, Online shopping

UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2023 on Tuesday, April 25, 2023.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2023 on Tuesday, April 25, 2023.
  • The company plans to host an investor conference call to discuss these results on Wednesday, April 26, 2023, at 8:30 a.m. (CT).
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 443869.
  • The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link:

LifeSpeak Inc. Announces Fourth Quarter and Fiscal 2022 Results

Retrieved on: 
Friday, March 31, 2023
Insurance, CHC, ARR1, BJ, Loblaw Companies, WebMD, Credit agreements in South Africa, Overalls, Fiscal, NYU, CVS, UMB, Manitoba Blue Cross, Conversation, Movement, Sale, Cross, NYU Langone Health, BC Hydro, Analysis, ARR, Management, TSX, Growth, UMB Financial Corporation, Adjustment, Three Months, Video game, Cryptocurrency, Financial services, Security (finance), Beedi

Gross Margin for the fourth quarter 2022 was 92%, an increase compared to Gross Margin of 87% in the comparable period in 2021.

Key Points: 
  • Gross Margin for the fourth quarter 2022 was 92%, an increase compared to Gross Margin of 87% in the comparable period in 2021.
  • Fourth quarter 2022 Adjusted EBITDA3 of $4.8 million, an increase of $3.9 million compared to the same period in 2021.
  • Fourth quarter 2022 Adjusted EBITDA3 margin of 35%, an increase when compared to an Adjusted EBITDA3 margin of 24% in the third quarter of 2022, and 14% in the comparable period of 2021.
  • Fourth quarter 2022 net loss of $24.5 million, an increase of $17.7 million compared to the same period in 2021.

Vmo Aircraft Leasing Upsizes and Extends Warehouse Credit Facility to $1.225 Billion

Retrieved on: 
Tuesday, March 7, 2023
Professional Services, Air, Transport, Logistics, Supply Chain Management, Finance, Other Transport, Aircraft, Goldman Sachs, Capital market, LLP, UMB, KeyBank, Milbank, BNP Paribas, Société Générale, Creditor, Security (finance), Aviation, VMO

Vmo Aircraft Leasing (“Vmo”), announces the upsizing and extension of its warehouse credit facility to $1.225 billion.

Key Points: 
  • Vmo Aircraft Leasing (“Vmo”), announces the upsizing and extension of its warehouse credit facility to $1.225 billion.
  • The five-year senior secured warehouse facility originally closed in November 2021, with an initial committed amount of $600 million.
  • The upsizing more than doubles the capacity of the facility and brings new banking partners into the credit facility, including BNP Paribas, Goldman Sachs, KeyBank and Societe Generale.
  • “We are delighted to announce the upsize, extension and amendment of the Vmo warehouse facility and to welcome four leading aviation financing institutions to the Vmo warehouse bank group.

Ultimus Names Former SEI Exec James Cass as President of Ultimus LeverPoint Private Fund Solutions

Retrieved on: 
Wednesday, February 1, 2023
Investment, SEI Investments Company, Acquisition, BNY Mellon, SS, ULP, UMB, FD, SEI, FDFA, Management, Cass, Ultimus, Citco

CINCINNATI and CLIFTON PARK, N.Y., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, announced today James Cass will head up Ultimus LeverPoint Private Fund Solutions.

Key Points: 
  • CINCINNATI and CLIFTON PARK, N.Y., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, announced today James Cass will head up Ultimus LeverPoint Private Fund Solutions.
  • Cass, who recently led SEI Investments’ alternative investments fund administration group, has assumed the role of president of Ultimus LeverPoint (ULP) effective today.
  • As president of ULP, Cass will focus on maintaining the firm’s service culture, strengthening client relationships, and leading the strategy for the firm’s private fund administration business.
  • Thomas DiEgidio, who became president of ULP as part of Ultimus’ acquisition of FD Fund Administration in 2021, is transitioning into a client relationship advisory role with the firm.

Ultimus Names Former SEI Exec James Cass as President of Ultimus LeverPoint Private Fund Solutions

Retrieved on: 
Wednesday, February 1, 2023
Investment, SEI Investments Company, Acquisition, BNY Mellon, SS, ULP, UMB, FD, SEI, FDFA, Management, Cass, Ultimus, Citco

CINCINNATI and CLIFTON PARK, N.Y., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, announced today James Cass will head up Ultimus LeverPoint Private Fund Solutions.

Key Points: 
  • CINCINNATI and CLIFTON PARK, N.Y., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service administration, fund accounting, middle office, and investor solutions to traditional and alternative investment managers, announced today James Cass will head up Ultimus LeverPoint Private Fund Solutions.
  • Cass, who recently led SEI Investments’ alternative investments fund administration group, has assumed the role of president of Ultimus LeverPoint (ULP) effective today.
  • As president of ULP, Cass will focus on maintaining the firm’s service culture, strengthening client relationships, and leading the strategy for the firm’s private fund administration business.
  • Thomas DiEgidio, who became president of ULP as part of Ultimus’ acquisition of FD Fund Administration in 2021, is transitioning into a client relationship advisory role with the firm.

Tonix Pharmaceuticals Announces Research Agreement with University of Maryland, Baltimore, to Study TNX-1500 (Fc-modified anti-CD40L mAb) for the Prevention of Rejection in Heart Xenograft Transplantation in Animals

Retrieved on: 
Wednesday, February 1, 2023
Thrombosis, Maryland School, IND, Tonix Pharmaceuticals, History of the University of Maryland, College Park, Immunosuppression, Therapy, Animal, Drug discovery, MBBS, Protein engineering, University, Patient, Primate, UMB, University of Maryland School of Medicine, United Therapeutics, Research, Pharmaceutical industry, CD154

CHATHAM, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced that it has entered into a sponsored research agreement with the University of Maryland, Baltimore (UMB), for the prevention of rejection in heart xenograft transplantation in animals utilizing TNX-15001, an Fc-modified humanized monoclonal antibody directed against CD40-ligand. UMB’s preclinical studies will utilize genetically-modified porcine hearts supplied by Revivicor, Inc., a subsidiary of United Therapeutics Corporation. The principal investigator is Muhammad M. Mohiuddin, M.D., MBBS, Professor of Surgery, and Director, Cardiac Xenotransplantation Program, University of Maryland School of Medicine.

Key Points: 
  • UMB’s preclinical studies will utilize genetically-modified porcine hearts supplied by Revivicor, Inc., a subsidiary of United Therapeutics Corporation.
  • The principal investigator is Muhammad M. Mohiuddin, M.D., MBBS, Professor of Surgery, and Director, Cardiac Xenotransplantation Program, University of Maryland School of Medicine.
  • “We are excited to collaborate with the University of Maryland and Dr. Mohiuddin on the development of TNX-1500 for the prevention of rejection in xenograft transplantation,” said Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals.
  • Previous preclinical studies in non-human primates demonstrated that TNX-1500 showed activity in preventing allograft and xenograft organ rejection and was well tolerated.

Old National Reports 43% EPS Growth from 3Q22, 10% on an Adjusted Basis¹, Driven by Commercial Loan Growth, Net Interest Margin Expansion and Expense Discipline

Retrieved on: 
Tuesday, January 24, 2023
Old National Bank, Tier 1, International, Patriot National Bancorp, EPS, Acquisition, NSF, Sale, UMB Financial Corporation, First Midwest Bancorp, UMB, Environment, Growth, Lender option borrower option, Central Time, Reinsurance, Bank, Security (finance), Pharmaceutical industry, Renewable energy, Aquaculture, Real estate, Video game, Commercial property, Life insurance, Credit, Access

“We capped off 2022 with robust loan growth, impressive net interest margin expansion, peer leading return on average tangible common equity, excellent credit metrics and a record efficiency ratio."

Key Points: 
  • “We capped off 2022 with robust loan growth, impressive net interest margin expansion, peer leading return on average tangible common equity, excellent credit metrics and a record efficiency ratio."
  • Period-end total loans3 were $31.1 billion at December 31, 2022, up 7.7% annualized from $30.5 billion at September 30, 2022, driven by strong commercial loan growth of 7.9%.
  • Total commercial loan production in the fourth quarter was $2.7 billion; period-end commercial pipeline totaled $4.6 billion.
  • Strong loan growth and the higher rate environment favorably impact net interest income and margin.