ORE

Morris State Bancshares Announces Quarterly Earnings and Declares Fourth Quarter Dividend

Retrieved on: 
Wednesday, October 25, 2023

The Company also announced diluted earnings per share of $2.12 for quarter, representing a 0.15% decrease from diluted earnings per share of $2.27 for the prior quarter.

Key Points: 
  • The Company also announced diluted earnings per share of $2.12 for quarter, representing a 0.15% decrease from diluted earnings per share of $2.27 for the prior quarter.
  • “In the third quarter, we generated net interest income of $12.9 million, just below the second quarter level of $13.2 million,” said Spence Mullis, Chairman and CEO.
  • “As projected, our margin compressed slightly in the third quarter, but we had solid loan growth of $25.4 million, or 10.0% annualized.
  • This loan growth bolstered our net interest income as it remained in line of that of the second quarter.

Hancock Whitney Reports Third Quarter 2023 EPS of $1.12

Retrieved on: 
Tuesday, October 17, 2023

Net income for the third quarter of 2023 totaled $97.7 million, or $1.12 per diluted common share (EPS), compared to $117.8 million, or $1.35 per diluted common share, in the second quarter of 2023.

Key Points: 
  • Net income for the third quarter of 2023 totaled $97.7 million, or $1.12 per diluted common share (EPS), compared to $117.8 million, or $1.35 per diluted common share, in the second quarter of 2023.
  • Average earning assets were $33.1 billion for the third quarter of 2023, down $482.3 million, or 1%, from the second quarter of 2023.
  • Noninterest income totaled $86.0 million for the third quarter of 2023, up $2.8 million, or 3%, from the second quarter of 2023.
  • Net occupancy and equipment expense totaled $18.2 million in the third quarter of 2023, up $0.5 million, or 3%, from the second quarter of 2023.

HyProMag to Participate in Innovative Project to Develop the UK’s First Circular Supply Chain for Wind Turbine Rare Earth Magnets

Retrieved on: 
Tuesday, September 12, 2023

LONDON and VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce that HyProMag Limited (“HyProMag”) is collaborating with EMR, the Offshore Renewable Energy (ORE) Catapult, Magnomatics and University of Birmingham in a £1.5 million project, Re-RE Wind (“Re-RE Wind” or the “Project”), of which £1.0 million or 67% will be funded by Innovate UK’s circular critical materials supply chains (CLIMATES) programme. The budget for HyProMag’s portion of the Project is circa £350,000 of which 70% will be funded by the grant. The grant is subject to signature of a collaboration agreement between the parties.

Key Points: 
  • The budget for HyProMag’s portion of the Project is circa £350,000 of which 70% will be funded by the grant.
  • “Re-RE Wind will address the hurdles for recycling of permanent magnets from wind turbines, effectively unlocking a new domestic source of rare earths.
  • This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector.
  • Mkango also has an extensive exploration portfolio in Malawi, including the Mchinji rutile exploration project, the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

PNFP Reports Diluted EPS of $2.54, ROAA of 1.71% and ROATCE of 21.06% for 2Q23

Retrieved on: 
Tuesday, July 18, 2023

Revenues from PPP loans approximated $34,000 in the second quarter of 2023, compared to $20,000 in the first quarter of 2023 and $4.1 million in the second quarter of 2022.

Key Points: 
  • Revenues from PPP loans approximated $34,000 in the second quarter of 2023, compared to $20,000 in the first quarter of 2023 and $4.1 million in the second quarter of 2022.
  • There remains $1.9 million of purchase accounting discount accretion as of June 30, 2023.
  • Loan originations increased to $1.1 billion in the second quarter of 2023 compared to $1.0 billion in the first quarter of 2023 and $1.1 billion in the second quarter of 2022.
  • "As to revenues for the second quarter, our net interest income for the second quarter was up by $3.2 million from the first quarter.

Hancock Whitney Reports Second Quarter 2023 EPS of $1.35

Retrieved on: 
Tuesday, July 18, 2023

Net income for the second quarter of 2023 totaled $117.8 million, or $1.35 per diluted common share (EPS), compared to $126.5 million, or $1.45 per diluted common share, in the first quarter of 2023.

Key Points: 
  • Net income for the second quarter of 2023 totaled $117.8 million, or $1.35 per diluted common share (EPS), compared to $126.5 million, or $1.45 per diluted common share, in the first quarter of 2023.
  • Net interest income (TE) for the second quarter of 2023 was $276.7 million, a decrease of $10.8 million, or 4%, from the first quarter of 2023.
  • Average earning assets were $33.6 billion for the second quarter of 2023, up $866.0 million, or 3%, from the first quarter of 2023.
  • Noninterest income totaled $83.2 million for the second quarter of 2023, up $2.9 million, or 4%, from the first quarter of 2023.

ORE ID has been chosen by RAIRtech to provide DID solution for Dapps

Retrieved on: 
Tuesday, June 27, 2023

SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- ORE ID, AIKON's flagship product built on the ORE Blockchain, has been chosen by RAIR Technologies to provide an easy-onboarding blockchain identity solution for users. As part of the integration RAIR will become an OEM reseller of ORE ID for RAIR's customers.

Key Points: 
  • ORE ID, AIKON's flagship product built on the ORE Blockchain, has been chosen by RAIR Technologies to provide an easy-onboarding blockchain identity solution for users.
  • As part of the integration RAIR will become an OEM reseller of ORE ID for RAIR's customers.
  • SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- ORE ID , AIKON's flagship product built on the ORE Blockchain , has been chosen by RAIR Technologies to provide an easy-onboarding blockchain identity solution for users.
  • As part of the integration RAIR will become an OEM reseller of ORE ID for RAIR's customers.

Trustmark Corporation Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, April 25, 2023

Trustmark Corporation (NASDAQGS:TRMK) reported net income of $50.3 million in the first quarter of 2023, representing diluted earnings per share of $0.82.

Key Points: 
  • Trustmark Corporation (NASDAQGS:TRMK) reported net income of $50.3 million in the first quarter of 2023, representing diluted earnings per share of $0.82.
  • Trustmark continues to maintain a strong liquidity position as loans HFI represented 84.5% of total deposits at March 31, 2023.
  • As previously announced, Trustmark will conduct a conference call with analysts on Wednesday, April 26, 2023, at 8:30 a.m. Central Time to discuss the Corporation’s financial results.
  • Trustmark is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas.

Hancock Whitney Reports First Quarter 2023 EPS of $1.45

Retrieved on: 
Tuesday, April 18, 2023

Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2023.

Key Points: 
  • Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2023.
  • Net income for the first quarter of 2023 totaled $126.5 million, or $1.45 per diluted common share (EPS), compared to $143.8 million, or $1.65 per diluted common share, in the fourth quarter of 2022.
  • Noninterest income totaled $80.3 million for the first quarter of 2023, up $3.3 million, or 4%, from the fourth quarter of 2022.
  • Management will host a conference call for analysts and investors at 4:00 p.m. Central Time on Tuesday, April 18, 2023 to review first quarter 2023 results.

AIKON Names Gretchen Fox Palmer as Chief Marketing and Culture Officer

Retrieved on: 
Wednesday, February 22, 2023

SAN FRANCISCO, Calif., Feb. 22, 2023 /PRNewswire-PRWeb/ -- AIKON, the market leader in self-sovereign identity with easy web3 onboarding, today announces industry veteran Gretchen Fox Palmer as Chief Marketing and Culture Officer, whose initiatives include launching a cutting-edge company-wide EQ at Work program. After being an early leader in the social marketing industry, Fox Palmer became an award-winning Vice President of Marketing at Live Nation and then Ticketmaster, a Forbes columnist, the CEO of a values-driven marketing agency, and an Executive coach. Fox Palmer brings nearly two decades of marketing and company culture development to the organization, including an extensive track record and history in conscious business. Her new role at AIKON was effective in November 2022.

Key Points: 
  • SAN FRANCISCO, Calif., Feb. 22, 2023 /PRNewswire-PRWeb/ -- AIKON , the market leader in self-sovereign identity with easy web3 onboarding, today announces industry veteran Gretchen Fox Palmer as Chief Marketing and Culture Officer, whose initiatives include launching a cutting-edge company-wide EQ at Work program.
  • After being an early leader in the social marketing industry, Fox Palmer became an award-winning Vice President of Marketing at Live Nation and then Ticketmaster, a Forbes columnist, the CEO of a values-driven marketing agency, and an Executive coach.
  • Fox Palmer brings nearly two decades of marketing and company culture development to the organization, including an extensive track record and history in conscious business.
  • "Over half of success is driven by emotional intelligence and well-being – the ability to manage emotions and mental health," said Fox Palmer.

ORE Token Officially Listed on MEXC Global on February 15

Retrieved on: 
Thursday, February 16, 2023

SAN FRANCISCO, Feb. 16, 2023 /PRNewswire-PRWeb/ -- The ORE Network, the protocol and blockchain purpose-built for powering privacy-protecting digital identity with easy login, has officially announced the ORE Token is now available on MEXC Global, one of the top centralized exchanges in the world. The listing took place at 10am UTC, with the initial trading pair ORE/USDT. This follows ORE's listing on Bitmart a few months ago, and ORE's listing on various decentralized exchanges.

Key Points: 
  • The ORE Network, the protocol and blockchain purpose-built for powering privacy-protecting digital identity with easy login, has officially announced the ORE Token is now available on MEXC Global, one of the top centralized exchanges in the world.
  • SAN FRANCISCO, Feb. 16, 2023 /PRNewswire-PRWeb/ -- The ORE Network, the protocol and blockchain purpose-built for powering privacy-protecting digital identity with easy login, has officially announced the ORE Token is now available on MEXC Global, one of the top centralized exchanges in the world.
  • The utility token powers privacy-protecting digital identity: The ORE Token is the digital asset built for the purpose-built ORE blockchain and any solutions built on the ORE Network.
  • View the ORE Token on CoinGecko .The ORE Token is available on MEXC Here .