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Sandy Spring Bancorp's Board of Directors Appoints Charles S. Cullum Chief Financial Officer
globenewswire.com· 2024-05-23 19:00
OLNEY, Md., May 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sandy Spring Bancorp, Inc. (Nasdaq-SASR), today announced the appointment of Charles S. Cullum to Chief Financial Officer. Cullum was promoted from Deputy Chief Financial Officer and Treasurer. Philip J. Mantua, the outgoing Chief Financial Officer, who previously announced his retirement, will continue with the Company until the end of the year to support the leadership transition. “Charlie has played a central role in the financial man ...
Western New England Bancorp, Inc. Announces Authorization of Repurchase Plan
globenewswire.com· 2024-05-23 04:05
WESTFIELD, Mass., May 22, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced that on May 21, 2024, the Board of Directors authorized a new stock repurchase plan (“2024 Plan”), pursuant to which the Company may repurchase up to 1.0 million shares, or approximately 4.6%, of the Company’s outstanding shares of common stock, upon the completion of the 2022 Plan. The Company may repurchase shares fr ...
FFB Bancorp Announces Stock Repurchase Program
globenewswire.com· 2024-05-23 04:00
FRESNO, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- FFB Bancorp (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), today announced that its Board of Directors (the “Board”) has authorized a plan to utilize up to $7.5 million of capital to repurchase shares of the Company’s common stock, which represents approximately 5.4% of total shareholders’ equity at March 31, 2024. Under the terms of the repurchase plan, the Company may repurchase shares of the Company's common stock from time to ...
Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.30 Per Common Share
globenewswire.com· 2024-05-22 19:30
LOUISVILLE, Ky., May 22, 2024 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ:SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on July 1, 2024, to stock ...
U.S. Bancorp Stock Is Trailing S&P500 By 17% YTD, What's Next?
forbes.com· 2024-05-22 18:30
GERMANY - 2024/04/03: In this photo illustration, the U.S. Bancorp logo seen displayed on a tablet. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images U.S. Bancorp’s stock (NYSE: USB) has lost approximately 6% YTD as compared to the 11% gain in the S&P500 index over the same period. Further, it is currently trading at $41 per share, which is 15% below its fair value of $48 – Trefis’ estimate for U.S. Bancorp’s valuation. Amid the ...
NBT Bancorp Inc. Announces Cash Dividend
globenewswire.com· 2024-05-22 04:35
NORWICH, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.32 per share at a meeting held today. The dividend will be paid on June 17, 2024 to shareholders of record as of June 3, 2024. Corporate Overview NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.44 billion at March 31, 2024. The Company primarily operates through NBT Bank, N.A., a ...
NBT Bancorp Inc. Completes Leadership Transition
globenewswire.com· 2024-05-22 00:00
NORWICH, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. ("NBT" or the "Company") (NASDAQ:NBTB) announced that its CEO Succession Plan unanimously approved by NBT's Board of Directors in January was executed today with Scott A. Kingsley succeeding John H. Watt, Jr. as NBT's fifteenth President and Chief Executive Officer. Kingsley was also elected to NBT's Board of Directors. Watt will continue to serve on the Board and has been named Vice Chairman. NBT also announced the promotion of Joseph R. Stag ...
Farmers & Merchants Bancorp Celebrates Retirement of Board Chairman Jack Johnson
globenewswire.com· 2024-05-21 23:30
ARCHBOLD, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announces the retirement of Board Chairman, Jack Johnson. Mr. Johnson was appointed to the Company’s Board in January 1991. He was Vice Chairman from April 2013 to July 2013 and became Chairman of the Board of Directors on July 19, 2013, a position he held until April 30, 2024. An official celebration of his retirement from the board was held on May 21, 20 ...
Shareholder Alert: Ademi LLP investigates whether 1st Capital Bancorp has obtained a Fair Price for its Shareholders
prnewswire.com· 2024-05-21 17:00
MILWAUKEE, May 21, 2024 /PRNewswire/ -- Ademi LLP is investigating FISB (OTCQX: FISB) for possible breaches of fiduciary duty and other violations of law in its transaction with West Coast Community Bancorp. Click here to learn how to join the https://www.ademilaw.com/case/1st-capital-bancorp or call Guri Ademi toll- free at 866-264-3995. There is no cost or obligation to you. In the transaction, FISB shareholders will receive West Coast Community shares valued at approximately $10.78 per FISB share, based ...
West Coast Community Bancorp and 1st Capital Bancorp Announce Agreement to Merge
globenewswire.com· 2024-05-21 08:15
SANTA CRUZ, Calif. and SALINAS, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- West Coast Community Bancorp (OTCQX: “SCZC”) (“Bancorp”), the holding company for Santa Cruz County Bank (“Bank”), headquartered in Santa Cruz, California, and 1st Capital Bancorp (OTCQX: “FISB”), the holding company for 1st Capital Bank, headquartered in Salinas, California, jointly announced today that they have entered into an agreement and plan of reorganization and merger (the “Agreement”), pursuant to which 1st Capital Bancorp wi ...