BAYONNE, N.J., July 19, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $2.8 million for the second quarter of 2024, compared to $5.9 million in the first quarter of 2024, and $8.6 million for the second quarter of 2023. Earnings per diluted share for the second quarter of 2024 were $0.14, compared to $0.32 in the preceding quarter and $0.50 in the second quarter of 2023. During the second quart ...

Second Quarter 2024 Highlights Net income for the second quarter of 2024 of $7.8 million, compared to $7.9 million in the prior quarter and $15.5 million (GAAP basis), or $8.3 million(1) (as adjusted), in the second quarter of 2023. The second quarter of 2023 included loan recoveries of $8.7 million and a $1.6 million benefit from legal fees waived or collected related to the settlement of the ANI loan lawsuit (see non-GAAP reconciliation in the accompanying financial tables of this press release). Net inco ...

OAKDALE, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2024, consolidated net income was $5,889,000, or $0.71 per diluted share (EPS), as compared to $5,727,000, or $0.69 EPS, for the prior quarter and $8,404,000, or $1.02 EPS, for the same period a year ago. Cons ...

2nd Quarter 2024 Highlights: Net income was $44.7 million for the current quarter, an increase of $12.1 million, or 37 percent, from the prior quarter net income of $32.6 million and a decrease of $10.2 million, or 19 percent, from the prior year second quarter net income of $55.0 million.The net interest margin as a percentage of earning assets, on a tax-equivalent basis, for the current quarter was 2.68 percent, an increase of 9 basis points from the prior quarter net interest margin of 2.59 percent.The l ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

INDIANA, Pa., July 18, 2024 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced net income of $34.4 million, or $0.89 per diluted share, for the second quarter of 2024 compared to net income of $31.2 million, or $0.81 per diluted share, for the first quarter of 2024 and net income of $34.5 million, or $0.89 per diluted share, for the second quarter of 2023.Second Quarter of 2024 Highlights:Solid return metrics with return on average assets (ROA) of 1.45%, retu ...

Second Quarter 2024 Highlights Net income of $21.8 million, or $29.39 per share; up 4.85% on a per share basis from the second quarter of 2023;Achieved a return on average assets of 1.58% and a return on average equity of 15.33%;Solid liquidity position with $296.0 million in cash, $1.0 billion in investment securities and a borrowing capacity of $2.1 billion with no outstanding borrowings as of June 30, 2024;Continued growth in capital with a total risk-based capital ratio of 14.58%, common equity tier 1 r ...

DUNMORE, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s third quarter dividend of $0.38 per share.   The dividend is payable September 10, 2024 to shareholders of record at the close of business on August 20, 2024. Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne and Northampton Counties through The Fidelity Deposit and Discount Bank’s 21 ...

FRESNO, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- FFB Bancorp (the "Company") (OTCQX: FFBB), the parent company of FFB Bank (the "Bank"), today reported net income of $8.08 million, or $2.54 per diluted share, for the second quarter of 2024, compared to $9.42 million, or $2.97 per diluted share, for the second quarter of 2023, and increased 4% from $7.79 million, or $2.45 per diluted share for the first quarter of 2024. For the six months ended June 30, 2024, net income decreased 7% to $15.87 million, or $5 ...

Key TakeawaysU.S. Bancorp reported second-quarter earnings per share (EPS) of $0.97 on revenue of $6.87 billion, beating analysts' estimates.CEO Andy Cecere cited "improved linked quarter net interest income."Shares advanced 5% in intraday trading Wednesday. U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company’s second-quarter results beat analysts' expectations on the top and bottom lines. The company reported earnings per share (EPS) of $0.97 on revenue of $6.87 bi ...