First Bank of Nigeria

SHAREHOLDER ALERT: Weiss Law Reminds MLVF, SHBI, CBIO, and TA Shareholders About Its Ongoing Investigations

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星期四, 四月 27, 2023

TravelCenters of America, GNI, First Bank of Nigeria, TA, First Bank, Multimedia, Community, Acquisition, BP, Law, Sony Computer Entertainment America, Inc. v. Hotz, Security (finance)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. (NASDAQ: MLVF), in connection with the proposed acquisition of MLVF by First Bank ("First Bank").

Key Points:

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. (NASDAQ: MLVF), in connection with the proposed acquisition of MLVF by First Bank ("First Bank").
Under the merger agreement, MLVF shareholders will receive 0.7733 shares of First Bank common stock, plus $7.80 in cash for each outstanding MLVF share, representing implied per-share consideration of $15.28 based upon First Bank's April 26, 2023 closing price of $9.67.
Under the terms of the merger agreement, TA shareholders will receive $86.00 in cash for each share of TA common stock owned.
If you own TA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/ta
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SHAREHOLDER ALERT: Weiss Law Reminds SESN, MLVF, VLON, and APEN Shareholders About Its Ongoing Investigations

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星期四, 二月 16, 2023

First Bank of Nigeria, Curie–Weiss law, First Bank, GRI, Boston Scientific, Acquisition, Mitsubishi Carisma, Multimedia, Law, Holding company

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc. (NASDAQ: SESN), in connection with the proposed merger of SESN with Carisma Therapeutics Inc. ("Carisma").

Key Points:

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc. (NASDAQ: SESN), in connection with the proposed merger of SESN with Carisma Therapeutics Inc. ("Carisma").
Under the merger agreement, Carisma shareholders will receive newly issued shares of SESN common stock pursuant to an exchange ratio formula set forth in the merger agreement.
Immediately prior to the closing of the proposed merger, SESN shareholders will be issued a contingent value right for each outstanding share of SESN common stock held.
Under the terms of the merger agreement, APEN shareholders will receive $10.00 in cash for each share of APEN common stock owned.

FBNBank Senegal SA wins big at the 10th edition of Global Brands Magazine Awards

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星期三, 十二月 28, 2022

Education, Social media, Hope, Innovation, First Bank of Nigeria, News, World Branding Awards, GBM, First Bank, Professional, Pharmaceutical industry, Gum arabic

LONDON, Dec. 28, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK. The award aims to recognise global brands achieving excellence in performance across a broad range of sectors while keeping its readers updated on key trends surrounding the branding world. FBNBank Senegal SA was evaluated based on Innovation, customer service and corporate governance.

Key Points:

LONDON, Dec. 28, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK.
Commenting on FBNBank Senegal SA winning the awards, Jay Reddy (Director at GBM) said, "FBNBank Senegal SA has been performing consistently well since its inception.
FBNBank Senegal SA became the Fastest Growing Banking Brand in Senegal with its 6 branches interconnected.
Global Brands Magazine (GBM) has been at the forefront, bringing news, views and opinions on brands shaping the future of their industry.

FBNBank Senegal SA wins big at the 10th edition of Global Brands Magazine Awards

Retrieved on:

星期三, 十二月 28, 2022

Education, Social media, Hope, Innovation, First Bank of Nigeria, News, World Branding Awards, GBM, First Bank, Professional, Pharmaceutical industry, Gum arabic

LONDON, Dec. 28, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK. The award aims to recognise global brands achieving excellence in performance across a broad range of sectors while keeping its readers updated on key trends surrounding the branding world. FBNBank Senegal SA was evaluated based on Innovation, customer service and corporate governance.

Key Points:

LONDON, Dec. 28, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK.
Commenting on FBNBank Senegal SA winning the awards, Jay Reddy (Director at GBM) said, "FBNBank Senegal SA has been performing consistently well since its inception.
FBNBank Senegal SA became the Fastest Growing Banking Brand in Senegal with its 6 branches interconnected.
Global Brands Magazine (GBM) has been at the forefront, bringing news, views and opinions on brands shaping the future of their industry.

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Receipt of Regulatory Approvals for Merger

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星期一, 十二月 12, 2022

Assuming such conditions are satisfied, the closing is expected to occur as soon as practicable in early January 2023.

Key Points:

Assuming such conditions are satisfied, the closing is expected to occur as soon as practicable in early January 2023.
The First Bancshares, Inc., headquartered in Hattiesburg, Mississippi, is the parent company of The First Bank.
Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.
The Company will also file other documents with the SEC with respect to the proposed merger, pursuant to SEC reporting requirements.

First Bank Partners with Numerated to Expand Digital Small Business Lending Capabilities

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星期三, 十二月 7, 2022

Small business, Paycheck Protection Program, Express, Small Business Administration, First Bank of Nigeria, SBA, Partnership, Software as a service, Mid-Atlantic (United States), Numerical relay, First Bank, PPP, Mobile phone, Bank

BOSTON, Dec. 7, 2022 /PRNewswire-PRWeb/ -- First Bank, a $2.6B community bank headquartered in Hamilton, NJ, announced the expansion of its partnership with Numerated, the fast-growing fintech transforming how financial institutions lend, to make borrowing convenient and efficient for small businesses.

Key Points:

"During PPP, Numerated helped us efficiently process loans, so business owners could quickly and easily receive funds when they needed them most," said First Bank CEO Patrick Ryan.
"For us, it seemed a natural next step to bring that same efficiency to our entire small business banking line-up."
I like to think of First Bank as being the community bank leader leveraging digital capabilities with traditional personal banker relationships.
"With Numerated, First Bank will radically simplify their loan application process across even more of their business lending.

First Bank Announces Third Quarter 2022 Earnings Conference Call

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星期四, 九月 29, 2022

First Bank, Conference, First Bank of Nigeria, Nasdaq, Management, Financial services

The management presentation typically lasts approximately fifteen to thirty minutes, followed by investor questions and discussion.

Key Points:

The management presentation typically lasts approximately fifteen to thirty minutes, followed by investor questions and discussion.
The Companys third quarter results will be released after the market closes on October 25, 2022 and will also be available in the Investor Relations section of the Companys website.
Conference replay information is also available on the Companys website, www.firstbanknj.com.
With $2.6 billion in assets as of June 30, 2022, First Bank offers a full range of deposit and loan products to individuals and businesses throughout the New York City to Philadelphia corridor.

Kroll Bond Rating Agency Affirms First Bank Investment Grade Rating

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星期一, 八月 29, 2022

HAMILTON, N.J., Aug. 29, 2022 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization (NRSRO) registered with the U.S. Securities and Exchange Commission (SEC), has affirmed First Banks (the Bank) credit ratings and stable outlook.

Key Points:

HAMILTON, N.J., Aug. 29, 2022 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization (NRSRO) registered with the U.S. Securities and Exchange Commission (SEC), has affirmed First Banks (the Bank) credit ratings and stable outlook.
The Banks favorable ratings and a stable outlook were maintained with a Deposit rating of BBB+, Senior Unsecured Debt rating of BBB+, Subordinated Debt rating of BBB, Short-Term Deposit rating of K2 and a Short-Term Debt rating of K2.
A rating is not investment or financial advice and is not a recommendation to buy, sell or hold securities.
Each rating organization has its own methodology for assigning ratings and, accordingly, each rating should be evaluated independently of any other rating.

The First Bancshares, Inc. Completes Acquisition of Beach Bancorp, Inc.

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星期一, 八月 1, 2022

Following completion of the acquisition, BBIs subsidiary bank, Beach Bank was merged with The First, with The First as the surviving bank.

Key Points:

Following completion of the acquisition, BBIs subsidiary bank, Beach Bank was merged with The First, with The First as the surviving bank.
This transaction has furthered the Companys regional expansion plan by adding market share in Northwest Florida and acquiring a foothold in the Tampa market.
Each share of Company common stock outstanding immediately prior to the merger remained outstanding and was unaffected by the merger.
The First Bancshares, Inc., headquartered in Hattiesburg, Mississippi, is the parent company of The First Bank.

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Proposed Merger Transaction

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星期三, 七月 27, 2022

Upon the completion of the acquisition, Heritage Southeast Bank will merge with and into The First Bank.

Key Points:

Upon the completion of the acquisition, Heritage Southeast Bank will merge with and into The First Bank.
"Heritage Southeast Bank is a true community bank with an experienced, well respected team of local bankers invested in the communities they serve.
Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.
The Company will also file other documents with the SEC with respect to the proposed merger, pursuant to SEC reporting requirements.