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Southern California Bancorp and California Bancorp Complete Merger of Equals
GlobeNewswire News Room· 2024-08-01 04:45
SAN DIEGO and OAKLAND, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp (NASDAQ: BCAL), the holding company for Bank of Southern California, N.A., and California BanCorp, the holding company for California Bank of Commerce, announce the successful closing of their previously announced merger of equals. Effective July 31, 2024, California BanCorp has merged with and into Southern California Bancorp, and California Bank of Commerce has merged with and into Bank of Southern California, N.A ...
Southern Missouri Bancorp Reports Preliminary Results for Fourth Quarter of Fiscal 2024; Declares Quarterly Dividend of $0.23 Per Common Share; Conference Call Scheduled for Tuesday, July 30, at 9:30am Central Time
GlobeNewswire News Room· 2024-07-30 05:45
Poplar Bluff, Missouri, July 29, 2024 (GLOBE NEWSWIRE) -- Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the fourth quarter of fiscal 2024 of $13.5 million, a decrease of $2.0 million or 13.0%, as compared to the same period of the prior fiscal year. The decrease was primarily due to lower net interest income and noninterest income. Preliminary net income was $1.19 per fully diluted common share for the ...
Southern Co. (SO) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-07-29 22:22
Wall Street analysts expect Southern Co. (SO) to post quarterly earnings of $0.91 per share in its upcoming report, which indicates a year-over-year increase of 15.2%. Revenues are expected to be $6.27 billion, up 9.1% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefram ...
Can Southern (SO) Maintain Its Beat Streak in Q2 Earnings?
ZACKS· 2024-07-29 19:06
The Southern Company (SO) is set to release second-quarter results on Aug 1. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 91 cents per share on revenues of $6.3 billion.Let’s delve into the factors that might have influenced the power supplier’s performance in the June quarter. But it’s worth taking a look at Southern Company’s previous-quarter results first.Highlights of Q1 Earnings & Surprise HistoryIn the last reported quarter, the Atlanta, GA-based service provider ...
Norfolk Southern Stock Is Back In the Green This Year. Here's Why
Investopedia· 2024-07-27 03:45
Key TakeawaysNorfolk Southern cut costs and got an insurance payout that helped the railroad beat second-quarter earnings estimates.Revenue rose 2% to above $3 billion, led by a 4% rise on merchandise shipping revenue. The news lifted shares on Friday, returning them to positive territory in 2024. Norfolk Southern (NSC) shares soared Friday after the freight train operator posted better-than-expected profit as it cut costs and benefited from an insurance payment related to a 2023 derailment in East Palestin ...
Southern Co. (SO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-25 23:07
The market expects Southern Co. (SO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
What To Expect From Norfolk Southern's Q2?
Forbes· 2024-07-24 00:30
UKRAINE - 2021/06/21: In this photo illustration, a Norfolk Southern Corporation logo seen displayed ... [+] on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNorfolk Southern (NYSE: NSC) is scheduled to report its Q2 2024 results on Wednesday, July 24. We expect NSC stock to trade higher, with its revenue and earnings expected to be slightly above the street expectations. Although the company should see a slight rise in s ...
Daily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS
Forbes· 2024-07-24 00:02
Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024. The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982. General Motors announced today that its Board of Directors has declared a third-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable Sept. 19, 2024, to all common shareholders o ...
Norfolk Southern Declares Quarterly Dividend
Prnewswire· 2024-07-23 22:22
ATLANTA, July 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock.The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982.About Norfolk SouthernSince 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive th ...
Southern States Bancshares, Inc. Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-22 19:00
Second Quarter 2024 Performance and Operational Highlights Net income of $8.2 million, or $0.90 per diluted shareCore net income(1) of $9.1 million, or $1.00 per diluted share(1)Net interest income of $21.6 million, an increase of $740,000 from the prior quarterNet interest margin (“NIM”) of 3.56%, down 3 basis points from the prior quarterNIM of 3.57% on a fully-taxable equivalent basis (“NIM - FTE”)(1)Return on average assets (“ROAA”) of 1.29%; return on average stockholders’ equity (“ROAE”) of 14.55%; an ...