SSB

ION Storage Systems' Solid-State Battery First Anodeless and Compressionless Battery to Achieve and Exceed 125 Cycles

Retrieved on: 
Tuesday, March 5, 2024

ION's SSB successfully achieved and exceeded 125 cycles with less than 5% capacity degradation in performance offering the potential for more than 1000 cycles in future deployments.

Key Points: 
  • ION's SSB successfully achieved and exceeded 125 cycles with less than 5% capacity degradation in performance offering the potential for more than 1000 cycles in future deployments.
  • ION's patented solid-state anodeless technology forgoes graphite and other less sustainable materials while maximizing battery capabilities through its revolutionary 3-D, ceramic structure.
  • ION's SSB is the first and only compressionless solid-state battery technology to achieve ARPA-E and DOE VTO Fast-Charge goals at room temperature.
  • ION is partnering with various government agencies to demonstrate the viability of ION's solid-state batteries to sustain operations in highly demanding environments.

Third Coast Announces Organizational Changes to Drive Future Growth

Retrieved on: 
Monday, March 4, 2024

HOUSTON, March 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," or "our"), the holding company of Third Coast Bank, SSB, today announced two executive promotions to strategically align its operational, risk, and legal functions. The new leadership roles for Vicki Alexander and Liz Eber reflect Third Coast's strategic focus on operational excellence and prudent risk management as foundations for sustainable, profitable growth. Both Alexander and Eber will report directly to Bart Caraway, the Company's Chairman, President and Chief Executive Officer.

Key Points: 
  • HOUSTON, March 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," or "our"), the holding company of Third Coast Bank, SSB, today announced two executive promotions to strategically align its operational, risk, and legal functions.
  • The new leadership roles for Vicki Alexander and Liz Eber reflect Third Coast's strategic focus on operational excellence and prudent risk management as foundations for sustainable, profitable growth.
  • Both Alexander and Eber will report directly to Bart Caraway, the Company's Chairman, President and Chief Executive Officer.
  • In this new capacity, Alexander will oversee Third Coast's operations, including the Company's risk and compliance functions.

SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL

Retrieved on: 
Wednesday, February 7, 2024

HANOI, Vietnam, Feb. 7, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.

Key Points: 
  • Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
  • Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
  • In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
  • These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.

SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL

Retrieved on: 
Wednesday, February 7, 2024

HANOI, Vietnam, Feb. 6, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.

Key Points: 
  • Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
  • Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
  • In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
  • These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.

Schwab Reports Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, January 17, 2024

Further details on non-GAAP financial measures and a reconciliation of such measures to GAAP reported results are included on pages 10-12 of this release.

Key Points: 
  • Further details on non-GAAP financial measures and a reconciliation of such measures to GAAP reported results are included on pages 10-12 of this release.
  • Additionally, we welcomed 977 thousand new-to-firm retail households as well as 315 advisors-in-transition to Schwab.
  • We also saw building momentum within Schwab Personalized Indexing® and launched Schwab Investing Themes™.
  • The most recent commentary, which provides perspective on client cash realignment trends and second quarter revenue expectations, was posted on June 14, 2023.

NEO Battery Materials Provides Letter to Shareholders – 2024 Strategy & Outlook

Retrieved on: 
Tuesday, January 9, 2024

Dear NEO Battery Materials Shareholders,

Key Points: 
  • Dear NEO Battery Materials Shareholders,
    This is Spencer Huh, Director, President, and Chief Executive Officer of NEO Battery Materials.
  • Regardless of distressing macro factors, NEO Battery Materials has successfully advanced its proprietary silicon anode materials named NBMSiDE®.
  • In the upcoming 2024 year, NEO will initiate testing with graphite anode materials to replicate actual lithium-ion battery anode compositions.
  • NEO Battery Materials is committed to further advancing our silicon anodes and battery materials to establish ourselves as a globally leading company that creates sustaining, changing, and innovating impacts.

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 25, 2024

Retrieved on: 
Friday, January 5, 2024

WINTER HAVEN, Fla., Jan. 5, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release fourth quarter 2023 earnings results on Thursday, January 25, 2024, after the market closes.

Key Points: 
  • WINTER HAVEN, Fla., Jan. 5, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release fourth quarter 2023 earnings results on Thursday, January 25, 2024, after the market closes.
  • Upon release, investors may access a copy of SouthState's earnings results at the Company's website at www.SouthStateBank.com under Investor Relations, News, News & Market Data section.
  • SouthState will host a conference call on Friday, January 26, 2024 at 9:00 a.m. (ET) to discuss its fourth quarter 2023 results.
  • Alternatively, individuals may listen to the live webcast of the presentation by visiting the link at SouthState's website at www.SouthStateBank.com .

Third Coast Bancshares, Inc. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

Retrieved on: 
Thursday, January 4, 2024

HOUSTON, Jan. 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that it will report its 2023 fourth quarter and full year financial results on Thursday, January 25, 2024 after the market closes.

Key Points: 
  • HOUSTON, Jan. 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that it will report its 2023 fourth quarter and full year financial results on Thursday, January 25, 2024 after the market closes.
  • Management has scheduled a conference call and webcast on Friday, January 26, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss these financial results.
  • For those who cannot listen to the live call, a replay will be available through February 2, 2024 and may be accessed by dialing 201-612-7415 and using passcode 13743555#.
  • Also, an archive of the webcast will be available shortly after the call at http://ir.tcbssb.com/events-and-presentations/events for 90 days.

Serta Simmons Bedding Opens New State-of-the-Art Manufacturing Plant in Wisconsin

Retrieved on: 
Tuesday, November 14, 2023

SSB’s new plant at 200 Innovation Drive in Janesville consolidates two Rock County plants that were located in Beloit and at another location in Janesville, transferring production to this new, state-of-the-art manufacturing plant recently completed by Zilber Property Group. The new plant will enable SSB to manufacture its portfolio of high-quality mattresses – including its Serta Perfect Sleeper®, Serta iComfort, Beautyrest Harmony® and Beautyrest Black® collections -- under the same roof, enabling the company to better serve Midwest-area retailers and customers as production was previously split between the two plants.

Key Points: 
  • Serta Simmons Bedding, LLC (SSB), one of the world’s leading sleep companies, today held a grand opening event and ribbon-cutting ceremony for its new state-of-the-art 500,000 square foot manufacturing plant in Wisconsin that will produce mattresses and other bedding products under its Serta, Beautyrest and Simmons brands.
  • SSB has long had a manufacturing presence in Rock County, and this plant is retaining more than 300 jobs for the local economy.
  • View the full release here: https://www.businesswire.com/news/home/20231114868295/en/
    Mark Genender, Chairman of the Board of Directors and Interim CEO at Serta Simmons Bedding, cuts the ribbon for the company’s new 500,000 square-foot manufacturing plant in Wisconsin.
  • We couldn't be happier.”
    “We are thrilled to have partnered with Serta Simmons Bedding on their remarkable state-of-the-art facility, meticulously designed to meet their exact operational needs.