Hillebrand

Stock Yards Bancorp Reports Solid Second Quarter Earnings of $27.7 Million or $0.94 per Diluted Share

Retrieved on: 
Wednesday, July 26, 2023

Total loans, excluding PPP loans, increased $571 million, or 12%, over the last 12 months, while growing $178 million during the second quarter.

Key Points: 
  • Total loans, excluding PPP loans, increased $571 million, or 12%, over the last 12 months, while growing $178 million during the second quarter.
  • Net interest income increased $3.9 million, or 7%, for the second quarter of 2023 compared to the second quarter a year ago.
  • Non-interest income increased by $1.1 million, or 5%, over the second quarter of 2022, as customer expansion enhanced fee income.
  • Total deposits decreased $149 million, or 2%, on the linked quarter, with non-interest bearing demand deposit balances contracting $79 million.

Stock Yards Bancorp Reports Record 2022 Earnings and Strong Fourth Quarter Earnings of $29.8 Million or $1.01 Per Diluted Share

Retrieved on: 
Wednesday, January 25, 2023

Key factors contributing to the fourth quarter of 2022 results included:

Key Points: 
  • Key factors contributing to the fourth quarter of 2022 results included:
    Total loans, excluding PPP loans, grew $134 million, or 3%, on a linked quarter basis.
  • Included in credit loss expense for the fourth quarter of 2022 was a $1.6 million specific reserve for a commercial real estate loan.
  • Wealth management and trust income ended the fourth quarter of 2022 at $9.2 million, increasing $1.8 million, or 25%, over the fourth quarter of 2021.
  • During the fourth quarter of 2022, the Company recorded net loan charge-offs of $152,000, compared to $1.5 million in the fourth quarter of 2021.

Terminal49 Secures $6.5m Series A to Power Ocean Freight Visibility and Automation

Retrieved on: 
Thursday, January 19, 2023

"We invested in Terminal49 because of the opportunity and need to transform global trade to work better, especially in economic times like these."

Key Points: 
  • "We invested in Terminal49 because of the opportunity and need to transform global trade to work better, especially in economic times like these."
  • "We now have access to accurate ocean freight information in one place, which lets us proactively share reliable information with our customers and vendors.
  • Terminal49 integrates with every major ocean carrier and all US and Canadian terminals, and recently added Southampton and London Gateway terminals.
  • The data collected from these integrations covers 98% of all global ocean freight and container traffic.

Deutsche Post DHL Group increases 2022 EBIT guidance thanks to its international DHL business

Retrieved on: 
Tuesday, November 8, 2022

Deutsche Post DHL Group, the world's leading logistics group, continued to show strong growth in the third quarter of 2022.

Key Points: 
  • Deutsche Post DHL Group, the world's leading logistics group, continued to show strong growth in the third quarter of 2022.
  • To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions.
  • Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions.
  • Deutsche Post DHL Group employs approximately 590,000 people in over 220 countries and territories worldwide.

Deutsche Post DHL Group: Resilient Portfolio Enables Strong Quarterly Results Despite Global Economic Uncertainty

Retrieved on: 
Friday, August 5, 2022

With an EBIT of EUR 4.5 billion achieved in H1 2022, the Group has a strong basis for delivering on this.

Key Points: 
  • With an EBIT of EUR 4.5 billion achieved in H1 2022, the Group has a strong basis for delivering on this.
  • As expected, EBIT of eCommerce Solutions and Post & Parcel Germany came in below the very strong level of the previous year.
  • Deutsche Post DHL Group is home to two strong brands: Deutsche Post is Europes leading postal service.
  • Deutsche Post DHL Group employs approximately 590,000 people in over 220 countries and territories worldwide.

National Movement to Turn Food Waste Into Renewable Energy Gains Momentum

Retrieved on: 
Tuesday, August 2, 2022

The Alliance, founded in 2020 by Vanguard Renewables, Unilever, Starbucks, and Dairy Farmers of America aims to avoid or eliminate food waste first and repurpose what cant be eliminated into renewable energy via farm-based anaerobic digesters.

Key Points: 
  • The Alliance, founded in 2020 by Vanguard Renewables, Unilever, Starbucks, and Dairy Farmers of America aims to avoid or eliminate food waste first and repurpose what cant be eliminated into renewable energy via farm-based anaerobic digesters.
  • Chobani, headquartered in New York, is a food maker with a mission of making high-quality and nutritious food accessible to more people.
  • Theyre combining food waste with cow waste and theyre gathering all this methane and theyre generating power.
  • Vanguard Renewables, based in Wellesley, Massachusetts, is a national leader in developing food and dairy waste-to-renewable energy projects.

A Successful Start to the New Year for Deutsche Post DHL Group Despite Global Challenges

Retrieved on: 
Tuesday, May 3, 2022

Deutsche Post DHL Group, the worlds leading logistics company, continued its successful growth trajectory in the first quarter of 2022 despite global challenges.

Key Points: 
  • Deutsche Post DHL Group, the worlds leading logistics company, continued its successful growth trajectory in the first quarter of 2022 despite global challenges.
  • Overall, we had a good start into the year and further increased our earnings, said Frank Appel, CEO of Deutsche Post DHL Group.
  • Deutsche Post DHL Group is home to two strong brands: Deutsche Post is Europes leading postal service.
  • Deutsche Post DHL Group employs approximately 590,000 people in over 220 countries and territories worldwide.

Craft Beer Marketing Awards Expands Global Judges Panel to Over 500 Industry Professionals Worldwide

Retrieved on: 
Tuesday, January 18, 2022

NEW YORK, Jan. 18, 2022 /PRNewswire/ --Reaching a milestone, the Craft Beer Marketing Awards (CBMAS) expands its worldwide judges panel to include over 500 industry professionals from 24 countries.

Key Points: 
  • NEW YORK, Jan. 18, 2022 /PRNewswire/ --Reaching a milestone, the Craft Beer Marketing Awards (CBMAS) expands its worldwide judges panel to include over 500 industry professionals from 24 countries.
  • Craft Beer Marketing Awards Expands Global Judges Panel to Over 500 Beer & Beverage Industry Professionals Worldwide
    Well-known Judges include Ralph Steadman, David Carson, Zane Lamprey, Jon Contino, Matt Furman, and Megan Stone, among others.
  • "As a female writer in the beer world, I appreciate that the CBMAS recognizes the achievements of creative and influential women."
  • Founded in 2019, the CBMAS is the only global awards competition that recognizes the importance of craft beer marketing and design in a highly competitive marketplace.

To Support Supply Chain Management Solutions, Hillebrand Is Expanding Its North American Warehouse Network

Retrieved on: 
Thursday, October 29, 2020

Recently, Hillebrand expanded its North American supply chain network to include a new warehouse at The Campus at San Diego Business Park.

Key Points: 
  • Recently, Hillebrand expanded its North American supply chain network to include a new warehouse at The Campus at San Diego Business Park.
  • "We continue to invest in our network and our people in North America to support the beverage industry.
  • This new warehouse location will be significant in serving our valued clients with production in Mexico and Latin America," stated Scott Moorad, Chief Operating Officer of Hillebrand North America.
  • Koita , an international organic and plant-based milk producer, uses Hillebrand supply chain services for its milk products, sold in 11 countries, including the US.