MILWAUKEE, Sept. 16, 2024 /PRNewswire/ -- Ademi LLP is investigating Sterling (Nasdaq: SBT) for possible breaches of fiduciary duty and other violations of law in its transaction with Everbank. Click here to learn how to join our investigation https://www.ademilaw.com/case/sterling-bancorp-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Sterling will receive $261,000,000 from Everbank, an indeterminate amount of which will be distributed to Sterli ...

GLEN BURNIE, Md., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), the parent company of The Bank of Glen Burnie®, named Felton Magee Jr. to the Board of Directors, announced Mark C. Hanna, President and CEO of Glen Burnie Bancorp and The Bank of Glen Burnie. "Felton is an accomplished business leader with a proven track record of identifying and implementing strategies for accelerating growth," said Hanna. "He has skillfully navigated challenging situations using his expertise to stre ...

At a recent investor day, U.S. Bancorp (USB) rewards its shareholders with a new share repurchase plan of up to $5 billion of the company's outstanding common stock starting on Sept. 13, 2024. The company plans to begin repurchasing shares by early 2025. The prior program, which was approved in December 2020, has been replaced by this new share repurchase plan. The firm will utilize the share repurchase program at its discretion as it continues to evaluate the economic climate, develop capital and comply wi ...

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Evans Bancorp Inc. (NYSE: EVBN), relating to its proposed merger with NBT Bancorp Inc. Under the terms of the agreement, Evans Bancorp shares will be automatically converted into 0.91 shares ...

New York Community Bancorp is working on a turnaround. So is Bank of Nova Scotia. You'll probably want to buy the one offering a 6.2% yield. There are hard turnarounds, and then there are easy turnarounds. Most investors should be wary of hard turnarounds, but easy ones can be worth a deep dive even for more conservative investors. This is why investors should forget about New York Community Bancorp (NYCB 1.83%) and, instead, buy Bank of Nova Scotia (BNS 0.60%) and its lofty 6.2% dividend yield. Here's a qu ...

CARMEL, Ind., Sept. 11, 2024 /PRNewswire/ -- Merchants Bancorp (the "Company")(NASDAQ: MBIN) and its wholly owned subsidiary, Merchants Bank, have announced the appointment of Sean Sievers as its new Chief Financial Officer, effective Sept. 9, 2024. Sievers brings more than 25 years of executive financial leadership in the banking and mortgage industries to the top-performing banks' chief finance role. Sean SieversSean Sievers John MackeJohn Macke Most recently, Sievers served as CFO at Rate (formerly Guara ...

文章核心观点 - 美国银行Evans Bancorp将以每股0.91股的比例被NBT Bancorp收购,交易总额约为2.36亿美元 [1] - 交易协议限制了Evans Bancorp接受竞争性收购的可能性,如果接受将需要支付巨额违约金 [1] - Evans Bancorp内部人士将从此次收购中获得丰厚的离职补偿 [1] 根据相关目录分别进行总结 交易细节 - Evans Bancorp将以每股0.91股的比例被NBT Bancorp收购 [1] - 交易总额约为2.36亿美元,根据NBT Bancorp在2024年9月6日的收盘价46.28美元计算 [1] 交易限制 - 交易协议限制了Evans Bancorp接受竞争性收购的可能性 [1] - 如果Evans Bancorp接受竞争性收购,将需要支付巨额违约金 [1] 内部人士利益 - Evans Bancorp内部人士将从此次收购中获得丰厚的离职补偿 [1]

NORWICH, N.Y. and WILLIAMSVILLE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. ("NBT") (NASDAQ: NBTB) and Evans Bancorp, Inc. ("Evans") (NYSE American: EVBN) today announced they have entered into a definitive agreement pursuant to which Evans will merge with and into NBT. This merger will bring together two highly respected banking companies and extend NBT's growing footprint into Western New York. "We are enthusiastic about this opportunity to partner with Evans and are confident it is a high ...

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its third quarter 2024 earnings before the market opens on Thursday, October 24, 2024. Valley's CEO, Ira Robbins will host a conference call on Thursday, October 24, 2024 at 11:00 AM (ET) to discuss Valley's third quarter 2024 earnings. Interested parties should pre-register using this link: https://register.vevent.com/register/BIe14e73c95b4346a8a409 ...

ABSECON, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Absecon Bancorp (the "Company") (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.75 per share, payable on September 30, 2024 to shareholders of record as of September 17, 2024. The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, N ...