Metropolitan statistical area

Ontario International Airport flies high with record international passenger volume to start 2024

Retrieved on: 
Thursday, February 15, 2024

ONTARIO, Calif., Feb. 15, 2024 /PRNewswire/ -- Ontario International Airport (ONT) welcomed nearly 470,000 passengers in January, including a record-setting 45,012 international travelers, airport officials announced.

Key Points: 
  • ONTARIO, Calif., Feb. 15, 2024 /PRNewswire/ -- Ontario International Airport (ONT) welcomed nearly 470,000 passengers in January, including a record-setting 45,012 international travelers, airport officials announced.
  • The all-time high for international travelers in a single month surpassed the previous record of 43,551 set last July and was nearly 90% more than January 2023.
  • The January total passenger volume of 469,589, a 9.5% increase over the same month last year, included 424,577 domestic passengers.
  • "The new year began as last year ended with growth in passenger volume remaining strong," said Atif Elkadi, chief executive officer of the Ontario International Airport Authority (OIAA), noting that January marked the 35th consecutive month of year-over-year passenger increases at ONT.

Newrez Launches RezFund: Providing More Affordable Lending Solutions for Historically Underserved Communities

Retrieved on: 
Thursday, January 18, 2024

RezFund provides borrowers up to $8,000 in down payment and/or closing cost assistance.

Key Points: 
  • RezFund provides borrowers up to $8,000 in down payment and/or closing cost assistance.
  • "Our goal is to bridge the gap between the desire for homeownership and its realization," said James Hecht, EVP Retail Lending at Newrez.
  • "RezFund is a testament to our commitment to empowering underserved consumers by providing accessible credit options."
  • Newrez believes that by offering these meaningful contributions, RezFund will make homeownership more achievable for first-time homebuyers in targeted MSAs.

Banner Corporation Reports Net Income of $42.6 Million, or $1.24 Per Diluted Share, for 4th Quarter 2023; Earns $183.6 Million in Net Income, or $5.33 Per Diluted Share, for the Full Year of 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

Retrieved on: 
Thursday, January 18, 2024

Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.

Key Points: 
  • Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
  • Revenues were $152.5 million for the fourth quarter of 2023, compared to $154.4 million in the preceding quarter, and $172.1 million in the fourth quarter a year ago.
  • Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.
  • Net interest income was $138.4 million in the fourth quarter of 2023, compared to $141.8 million in the preceding quarter and $159.1 million in the fourth quarter a year ago.

New Report Finds Growth of Women Business Owners Outpaces the Market

Retrieved on: 
Tuesday, January 9, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240109113716/en/
    2024 Wells Fargo Impact of Women-Owned Business Report (Photo: Wells Fargo)
    Whether it was during COVID-19 lockdowns in 2020 or supply chain disruptions throughout the pandemic, women business owners are driving economic growth :
    During the onset of the pandemic in 2020, despite business closures, women launched more businesses than they closed, while the number of men-owned businesses declined.
  • From 2019 to 2023, women-owned businesses’ growth rate outpaced the rate of men’s 94.3% for number of firms, 252.8% for employment, and 82.0% for revenue.
  • The report details how their growth plays out across the country, ranking the top and bottom states and Metropolitan Statistical Areas (MSAs) between 2019 and 2023.
  • The states with the highest economic clout for women-owned businesses had strong economies during the pandemic with supportive environments for women-owned businesses:

Bay Area Best Region for Working Households; Fresno Worst, Says Ludwig Institute

Retrieved on: 
Monday, November 27, 2023

WASHINGTON, Nov. 27, 2023 /PRNewswire/ -- The high cost of living is more-than offset by high wages in the San Jose and San Francisco markets, making the Bay Area the best performing region for middle- and working-class households in the country's 50 largest Metropolitan Statistical Areas (MSAs). Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • "The United States is not a single economy — it's an amalgamation of hundreds, even thousands, of regional economies," said LISEP Chairman Gene Ludwig.
  • "Understanding the dynamics of those economies and how they impact low- and moderate-income populations  is critical to responsible policymaking.
  • "Our challenge here is in identifying what's working well and replicating it; what's not, and scrapping it.

SITE Centers Announces Spin-Off of Convenience Portfolio

Retrieved on: 
Monday, October 30, 2023

The Company intends to acquire additional convenience properties prior to the spin-off, which will be included in the CURB portfolio, funded via additional SITE Centers dispositions, retained cash flow and cash on hand.

Key Points: 
  • The Company intends to acquire additional convenience properties prior to the spin-off, which will be included in the CURB portfolio, funded via additional SITE Centers dispositions, retained cash flow and cash on hand.
  • Morgan Stanley & Co. LLC and Wells Fargo are acting as lead financial advisors and Jones Day is serving as legal counsel to SITE Centers.
  • The call will also be webcast and available in a listen-only mode on SITE Centers’ website at ir.sitecenters.com.
  • SITE Centers no longer intends to host its previously announced earnings conference call on November 2, 2023.

Banner Corporation Reports Net Income of $45.9 Million, or $1.33 Per Diluted Share, for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

Retrieved on: 
Wednesday, October 18, 2023

Net interest income was $141.8 million in the third quarter of 2023, compared to $142.5 million in the preceding quarter and $146.4 million in the third quarter a year ago.

Key Points: 
  • Net interest income was $141.8 million in the third quarter of 2023, compared to $142.5 million in the preceding quarter and $146.4 million in the third quarter a year ago.
  • Net income was $141.0 million, or $4.09 per diluted share, for both the nine months ended September 30, 2023 and 2022.
  • Banner announced that its Board of Directors declared a regular quarterly cash dividend of $0.48 per share.
  • Return on average assets was 1.17%, compared to 1.02% in the preceding quarter and 1.18% in the third quarter a year ago.

Pools and Sprinklers Linked to Higher Water Use

Retrieved on: 
Thursday, August 3, 2023

SAN LUIS OBISPO, Calif., Aug. 3, 2023 /PRNewswire/ -- Flume Data Labs released the Q2 2023 update to the Household Water Use Index, the leading measure of U.S. household water use. Flume Data Labs publishes the Household Water Use Index quarterly, to assess water use from single-family homes in the largest 15 Metropolitan Statistical Areas (MSAs). Analysis is based on data from tens of thousands of Flume sensors installed on household water meters across the nation.

Key Points: 
  • Flume Data Labs publishes the Household Water Use Index quarterly, to assess water use from single-family homes in the largest 15 Metropolitan Statistical Areas (MSAs).
  • Analysis is based on data from tens of thousands of Flume sensors installed on household water meters across the nation.
  • In the desert Southwest, where water is extremely precious, the Household Water Use Index has found that the Phoenix MSA has among the highest indoor and outdoor water users in the nation.
  • In an effort to help its water customers conserve water, Goodyear offered Flume sensors to its customers and encouraged them to track water use in real-time.

HouseCanary Report Finds Rental Inventory Surges in Q2 2023, Signaling Hope for Price Decreases

Retrieved on: 
Wednesday, August 2, 2023

Chris Stroud, Co-founder and Chief of Research at HouseCanary, commented: “In Q2, we’ve seen the rental market continue to increase in median listings, prices and days on market.

Key Points: 
  • Chris Stroud, Co-founder and Chief of Research at HouseCanary, commented: “In Q2, we’ve seen the rental market continue to increase in median listings, prices and days on market.
  • High prices and interest rates have provided somewhat of a floor to any possible large decreases in rental prices in the near future.
  • HouseCanary’s Q2 Rental Report compares insights from Q2 2022 and Q2 2023 to explore trends shaping the U.S. rental market for single-family detached listings, including price and supply shifts across 46 states and 204 metropolitan statistical areas (“MSAs”) with the most rental market activity.
  • While the Rental Report is a nationwide snapshot of the health of the market, detailed rental statistics are available for 204 MSAs for SFR investors looking for insights into specific markets.

Banner Corporation Reports Net Income of $39.6 Million, or $1.15 Per Diluted Share, for Second Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share

Retrieved on: 
Wednesday, July 19, 2023

Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.

Key Points: 
  • Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.
  • At June 30, 2023, Banner Corporation had $15.58 billion in assets, $10.33 billion in net loans and $13.10 billion in deposits.
  • Return on average assets was 1.02%, compared to 1.44% in the preceding quarter and 1.16% in the second quarter a year ago.
  • Net interest income was $142.5 million in the second quarter of 2023, compared to $153.3 million in the preceding quarter and $129.0 million in the second quarter a year ago.