emyu Investment thesis My previous bullish thesis about U.S. Bancorp (NYSE:USB) aged well as the stock delivered almost 20% to investors since August 2023. On the other hand, USB lagged behind the broader U.S. stock market over the same period. I am quite cautious before the upcoming Q2 earnings release for several strong reasons. From the fundamental perspective, the macro environment did not change much, and I do not expect to see sharp moves in the Fed's monetary policy soon. The tight monetary envir ...

GLEN BURNIE, Md., July 12, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on July 11, 2024. This action marks the company’s 128th consecutive dividend. The regular dividend is payable on August 5, 2024, to shareholders of record at the close of business on July 22, 2024. Glen Burnie Bancorp, parent company to The Bank of G ...

CLINTON, N.J., July 12, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.93 per diluted share, for the quarter ended June 30, 2024, compared to net income of $9.6 million, or $0.93 per diluted share for the quarter ended March 31, 2024. This represents a 1.4% decrease in net income and no change in net income per diluted share. For the six months ended June 30, 2024, Unity Bancorp reported net income of $19.0 million, or $1 ...

MOUNTLAKE TERRACE, Wash., July 11, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that the Company’s Board of Directors authorized an increase in the quarterly cash dividend to $0.27 per quarter from $0.26 per quarter, a 3.8% increase. Joe Adams, the CEO of the Company stated, “We are pleased that the Board approved our forty-sixth consecutive quarterly cash dividend. The cash dividend will be paid on August 21 ...

Robert Way/iStock Editorial via Getty Images My last article on U.S. Bancorp (NYSE:USB), Opportunity Knocks: Why I'm Banking On U.S. Bancorp, rated the stock as a Buy. That Buy rating was largely based on the stock’s historically low valuation and high yield. Since then, the total return on USB is well over 17%. However, before you write me a “Thank You” note, know that the S&P 500 has risen just over 40% in that time frame. Far from being humbled by those poor results, I view the relatively lackluster ...

SOUTHAMPTON, Pa., July 11, 2024 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on July 10, 2024, declared a quarterly cash dividend of $0.13 per share on the common stock of the Company payable on August 5, 2024, to the shareholders of record at the close of business on July 22, 2024. Quaint Oak Bancorp, Inc., a Financial Services Company, is the parent company for the Quaint Oa ...

RUSTON, La., July 10, 2024 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (“Origin”), the financial holding company for Origin Bank, plans to issue second quarter 2024 results after the market closes on Wednesday, July 24, 2024, and hold a conference call to discuss such results on Thursday, July 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The conference call will be hosted by Drake Mills, Chairman, President and CEO of Origin, William J. Wallace, IV, Chief Financial Officer of Origi ...

Matthew Cohn of Philadelphia will head the non-profit's volunteer-led Global Mission Board which focuses on special initiatives in type 1 diabetes research, fundraising, community engagement, and advocacy NEW YORK, July 10, 2024 /PRNewswire/ -- Breakthrough T1D, formerly JDRF, the leading global type 1 diabetes (T1D) research and advocacy organization, today announced the appointment of Matthew Cohn as the new chair of the non-profit's Global Mission Board. Breakthrough T1D's Global Mission Board is a volun ...

RUTHERFORD, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, July 24, 2024 it will release financial results for the quarter ended June 30, 2024. A copy of the earnings release will be available on the Company’s website, https://ir.bluefoundrybank.com/, in the “News” section and on the SEC’s website, https://www.sec.gov/. Representatives of the Company will hold a conference cal ...

BETHESDA, Md., July 10, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank, today announced that it will host a teleconference call for the financial community on July 25, 2024, at 10:00 a.m. (EDT). On this call, Eagle Bancorp Inc.’s Chief Executive Officer Susan Riel and Chief Financial Officer Eric Newell will discuss earnings for the second quarter 2024 financial results. Those results will be released after the close of business on July 24, 2024 ...