Zions Bancorp ZION posted better-than-expected quarterly results on Monday. Zions Bancorp reported quarterly sales of $776.000 million which beat the analyst consensus estimate of $759.379 million. This is a 0.51% decrease over sales of $780.000 million the same period last year. GAAP EPS came in at $1.28 topping market expectations of $1.09 per share, according to data from Benzinga Pro. Harris H. Simmons, Chairman and CEO of Zions Bancorporation, commented, "Second quarter results demonstrated continued i ...

Board Declares Quarterly Cash Dividend SANTA CRUZ, Calif., July 23, 2024 /PRNewswire/ -- West Coast Community Bancorp ("Bancorp", OTCQX: SCZC), the parent company of Santa Cruz County Bank (the "Bank"), announced unaudited earnings for the second quarter ended June 30, 2024. Net income for the quarter was $8.2 million, compared to $9.3 million in the prior quarter and $8.3 million in the quarter ended June 30, 2023. Net income for the first half of 2024 was $17.5 million, an increase of 2% from $17.2 millio ...

OLNEY, Md., July 23, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $22.8 million ($0.51 per diluted common share) for the quarter ended June 30, 2024, compared to net income of $20.4 million ($0.45 per diluted common share) for the first quarter of 2024 and $24.7 million ($0.55 per diluted common share) for the second quarter of 2023. Current quarter's core earnings were $24.4 million ($0.54 per diluted common share), compa ...

Sundry Photography U.S. Bancorp (NYSE:USB) beat second-quarter earnings consensus estimates last week Wednesday, despite the commercial bank reporting a 9% decline in its net interest income. I believe, the lender's net interest income will continue to decline as the Fed gets ready for its rate pivot, which, generally speaking, should make cyclical bank investments less attractive. Considering that shares of USB now trade at a 41% premium to net asset value, I believe the risk profile remains unappealing. D ...

KALISPELL, Mont., July 22, 2024 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc. (NYSE: GBCI) announced that on July 19, 2024, its wholly owned subsidiary, Glacier Bank, completed its acquisition of six Montana branch locations of HTLF Bank (the "Branches"), a wholly owned subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF), including the deposits, loans, owned real estate and fixed and other assets associated with the Branches. The six branches Glacier Bank acquired are: 2615 King Ave. W, Billings, MT 2929 ...

NORWICH, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six months ended June 30, 2024. Net income for the three months ended June 30, 2024 was $32.7 million, or $0.69 per diluted common share, compared to $30.1 million, or $0.70 per diluted common share, for the three months ended June 30, 2023, and $33.8 million, or $0.71 per diluted common share, for the first quarter of 2024. Operating ...

KNOXVILLE, Tenn., July 22, 2024 /PRNewswire/ -- Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the "Bank"), today announced results and related data as of and for the three and six months ended June 30, 2024.The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per common share, its fifteenth consecutive quarterly dividend.  The dividend is payable on September 2, 2024 to shareholders of record ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Cullman Bancorp, Inc. (OTCQX: CULL), the holding company for Cullman Savings Bank, has qualified to trade on the OTCQX® Best Market. Cullman Bancorp, Inc. previously traded on NASDAQ. Cullman Bancorp, Inc. begins trading today on OTCQX under the symbol “CULL.” U.S. investors can find current financial disclosure and Real-Time Le ...

CHINO, Calif., July 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the second quarter ended June 30, 2024. Net earnings year-to-date increased by 1.65% or by $40.8 thousand, to $2.48 million, as compared to $2.43 million for the same period last year. Net earnings per share was $0.77 for the period ending June 30, 2024 and ...

MOUNTLAKE TERRACE, Wash., July 19, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (the “Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Matthew D. Mullet as President of both the Bank and the Company. Mr. Mullet has held the title of Chief Financial Officer at both the Bank and the Company since September 2011 and will also continue in his position as Chief Financial Officer. Joseph C. Adams will remain as Chief E ...