Commerce Bank & Trust Company

Runway Growth Finance Corp. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023
Lead, Office of Foreign Assets Control, Fidelis Cybersecurity, Runway, Audit committee, Sale, Commerce Bank & Trust Company, Investment, Webcast, National Association, Credit, U.S. Bancorp, Cryptocurrency, Security (finance), Custodian, Acting

MENLO PARK, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Total net assets at the end of the second quarter of 2023 was $573.9 million, down 0.95% from $579.4 million in the prior year period.
  • The Company ended the quarter with a core leverage ratio of approximately 97%, compared to 104% for the quarter ended March 31, 2023.
  • On August 1, 2023, the Company’s board of directors declared a regular quarterly distribution of $0.40 per share for the third quarter of 2023, payable on August 31, 2023, to stockholders of record as of August 15, 2023.
  • Runway Growth will hold a conference call to discuss its second quarter ended June 30, 2023 financial results at 2:00 p.m. PT (5:00 p.m.

Shift4 Payments Announces Results of Consent Solicitation Relating to its 4.625% Senior Notes Due 2026

Retrieved on: 
Thursday, March 17, 2022
Professional Services, Technology, Other Technology, Mobile, Wireless, Finance, Internet, Banking, Company, Surety, Amendment, NYSE, Consent, National Association, Market capitalization, Industry, Time, Debt-to-GDP ratio, Trustee, Commerce Bank & Trust Company, Life insurance, Note

The Company expects the Consent Payment to be paid on March 18, 2022.

Key Points: 
  • The Company expects the Consent Payment to be paid on March 18, 2022.
  • Pursuant to the terms of the Supplemental Indenture, the Amendment became effective at the Effective Time, and binds every holder of Notes.
  • Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world.
  • As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry.

HarborOne Bancorp, Inc. Announces Retirement of James W. Blake; Names Joseph F. Casey Successor CEO

Retrieved on: 
Thursday, January 27, 2022
Professional Services, Small Business, Human Resources, Finance, Banking, Accounting, Online, Commerce, Acquisition, Securities Act of 1933, Internal audit, Wealth, Industry, Private Securities Litigation Reform Act, Culture, Bank, Securities Exchange Act of 1934, Senior, Small business, MetroSouth Corridor, Controller, Compass Bank, Board, Federal Reserve Bank of Boston, Growth, The Business Council, CEO, NASDAQ, Company, Boston Metro, Federal Reserve Bank, Sustainability Accounting Standards Board, Commerce Bank & Trust Company, LLC, Old Colony, Leadership, Board of directors, Management

Joseph F. Casey, currently President and Chief Operating Officer, will continue to hold the title of President, and will assume the role of CEO on May 19, 2022.

Key Points: 
  • Joseph F. Casey, currently President and Chief Operating Officer, will continue to hold the title of President, and will assume the role of CEO on May 19, 2022.
  • Mr. Blake and Mr. Casey will continue to serve on the Boards of both the Company and the Bank.
  • He joined HarborOne Bank then known as Brockton Credit Union in 1993, and he has served as CEO since 1995.
  • Mr. Sullivan continued, My fellow directors and I are pleased that Joe Casey will be stepping in to succeed Jim as HarborOne Banks next CEO.

Berkshire Hills Announces Board Leadership Transition

Retrieved on: 
Wednesday, August 25, 2021
Lists of companies, Company, LLC, Securities Exchange Act of 1934, Colgate University, SECURE Act of 2019, U.S. Securities and Exchange Commission, Financial compensation, IAC, Native schools, SEC, Maintenance, Panera Bread, Berkshire, Leadership, Board of directors, Director, Commerce, Becker College, Becker, Entrepreneurship, NYSE, Securities Act of 1933, Board, NASDAQ, Greater, Berkshire Bank, Chairperson, Audit committee, BEST, Commerce Bank & Trust Company, Culture, Commerce Bank, Security (finance), Management

BOSTON, Aug. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today that Board Chairperson J. Williar ("Bill") Dunlaevy will retire from the joint Board of Directors of the company and its wholly-owned subsidiary Berkshire Bank effective September 22, 2021.

Key Points: 
  • BOSTON, Aug. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today that Board Chairperson J. Williar ("Bill") Dunlaevy will retire from the joint Board of Directors of the company and its wholly-owned subsidiary Berkshire Bank effective September 22, 2021.
  • Mr. Brunelle currently serves as Vice Chairperson of the Board and previously served as Chairperson of the Audit Committee after joining the Board in 2017.
  • "It has been an honor to lead the Berkshire Hills Bancorp Board over the last two years, working closely with the Board and management team to improve our performance and affirm our commitment to purpose-driven, community-dedicated banking.
  • "On behalf of the Board and the Company's many stakeholders, I want to thank Bill for his longstanding commitment, service and dedication to Berkshire.

Berkshire Hills Bancorp, Inc. Appoints Subhadeep Basu Chief Financial Officer

Retrieved on: 
Thursday, March 18, 2021
Berkshire Bank, U.S. Bancorp, Companies, Commerce Bank & Trust Company, Service companies

BOSTON, March 18, 2021 /PRNewswire/ --Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced today that Subhadeep Basu was appointed Senior Executive Vice President, Chief Financial Officer of the Company and the Bank.

Key Points: 
  • BOSTON, March 18, 2021 /PRNewswire/ --Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced today that Subhadeep Basu was appointed Senior Executive Vice President, Chief Financial Officer of the Company and the Bank.
  • In his role as Senior Executive Vice President and Chief Financial Officer, Mr. Basu will serve as the company's top financial officer.
  • "Subhadeep is a dynamic leader with extensive experience at global financial institutions, enabling change and driving growth across complex organizations and environments," stated Nitin Mhatre, CEO of Berkshire Hills Bancorp and Berkshire Bank.
  • Berkshire Hills Bancorp is the parent of Berkshire Bank , a community bank committed to purpose driven performance based on its Be FIRST corporate responsibility culture.

Berkshire Hills Bancorp, Inc. Names Nitin Mhatre Chief Executive Officer

Retrieved on: 
Monday, January 25, 2021
Finance, Banks, Regions of the United States, Primary dealers, Berkshire Bank, Subprime mortgage crisis, Bank of America, Commerce Bank & Trust Company

Mr. Mhatre is a senior banking executive with 25 years of community and global banking experience.

Key Points: 
  • Mr. Mhatre is a senior banking executive with 25 years of community and global banking experience.
  • Most recently, as Executive Vice President, Community Banking at Webster Bank, Mr. Mhatre was a member of Webster Bank's executive team and led its consumer and business banking businesses.
  • Mr. Gray will continue with Berkshire as President and Chief Operating Officer of the Bank and Senior Executive Vice President of the Company.
  • Berkshire Hills Bancorp is the parent of Berkshire Bank , a 21st century community bank pursuing purpose driven performance based on its Be FIRST corporate responsibility culture.

Berkshire Hills Bancorp, Inc. Announces Executive Leadership Transition

Retrieved on: 
Monday, August 10, 2020
Companies, Berkshire Bank, Banks of the United States, Commerce Bank & Trust Company, Kenneth T. Neilson

We wish him the best in all his future endeavors," said J. Williar Dunlaevy, Chairman of the Board of Berkshire Hills Bancorp.

Key Points: 
  • We wish him the best in all his future endeavors," said J. Williar Dunlaevy, Chairman of the Board of Berkshire Hills Bancorp.
  • Mr. Gray has been President and Chief Operating Officer of Berkshire Bank since November 2018, and also served as Senior Executive Vice President of Berkshire Hills Bancorp, Inc. from 2015.
  • Prior to his appointment as Bank President, he previously served as Senior Executive Vice President and Chief Operating Officer of Berkshire Bank from 2015.
  • About Berkshire Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank, with approximately $13.1 billion in assets and operating 130 banking offices in seven Northeastern states.

Cambridge Bancorp CEO Denis Sheahan and CFO Michael F. Carotenuto to Attend the Keefe, Bruyette & Woods 2020 Virtual Community Bank Investor Conference

Retrieved on: 
Friday, July 24, 2020
Finance, Consulting, Banking, Professional services, Other Professional Services, Keefe, Bruyette & Woods, Banks of the United States, Companies, Banking in the United States, Commerce Bank & Trust Company

Cambridge Bancorp (NASDAQ: CATC) and its subsidiary, Cambridge Trust Company , announced today that Chief Executive Officer Denis Sheahan, along with Chief Financial Officer Michael F. Carotenuto, will attend the 2020 Keefe, Bruyette & Woods 2020 Virtual Community Bank Investor Conference on Tuesday, July 28, 2020.

Key Points: 
  • Cambridge Bancorp (NASDAQ: CATC) and its subsidiary, Cambridge Trust Company , announced today that Chief Executive Officer Denis Sheahan, along with Chief Financial Officer Michael F. Carotenuto, will attend the 2020 Keefe, Bruyette & Woods 2020 Virtual Community Bank Investor Conference on Tuesday, July 28, 2020.
  • Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts.
  • Cambridge Trust Company is a 130-year-old Massachusetts chartered commercial bank with approximately $4.0 billion in assets and a total of 22 private banking offices in Massachusetts and New Hampshire.
  • Cambridge Trust Company is one of New Englands leaders in private banking and wealth management with $3.7 billion in client assets under management and administration.

Timothy D. Myers Named Executive Vice President and Chief Operating Officer of Bank of Marin

Retrieved on: 
Tuesday, June 30, 2020
Banking, Professional services, Finance, Companies, U.S. Bancorp, Commerce Bank & Trust Company

Bank of Marin Bancorp ("Bancorp") (Nasdaq: BMRC), parent company of Bank of Marin (the "Bank"), announced that Russell A. Colombo, President and CEO, named Timothy D. Myers as Executive Vice President and Chief Operating Officer of the Bank, effective immediately.

Key Points: 
  • Bank of Marin Bancorp ("Bancorp") (Nasdaq: BMRC), parent company of Bank of Marin (the "Bank"), announced that Russell A. Colombo, President and CEO, named Timothy D. Myers as Executive Vice President and Chief Operating Officer of the Bank, effective immediately.
  • He has played an integral role in cultivating the Banks mission, values and culture, said Russell A. Colombo, President and Chief Executive Officer.
  • I am pleased that Tim was prepared to step into the role of Chief Operating Officer to help drive the Bank forward.
  • When Imperial Bank was acquired by Comerica Bank, Mr. Myers became Vice President, Commercial Banking Officer.

Berkshire Hills Elects J. Williar Dunlaevy as Board Chair; William J. Ryan to Remain on Board

Retrieved on: 
Monday, October 28, 2019
Berkshire Bank, Companies, Economy of the United States, Commerce Bank & Trust Company

The Company's banking subsidiary, Berkshire Bank, has similarly elected Mr. Dunlaevy as Board Chair.

Key Points: 
  • The Company's banking subsidiary, Berkshire Bank, has similarly elected Mr. Dunlaevy as Board Chair.
  • I want to thank Bill for his leadership, friendship and tremendous contributions to Berkshire as chairman over the past five years.
  • Mr. Ryan stated, "I'm delighted that the Board has selected Bill Dunlaevy to succeed me as Chairman.
  • Berkshire Hills Bancorp is the parent of Berkshire Bank which is transforming into a 21st century community bank with a culture of belonging.