WILLIAMSPORT, Pa., June 04, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ:PWOD) announced today that a mutual agreement has been reached with its Chief Executive Officer, Richard A. Grafmyre CFP®, to amend Mr. Grafmyre's employment agreement. The amendment was agreed upon after conducting a review of reported compensation data for the Company's peer group, industry compensation analysis, and discussions with shareholders. The amendment, effective June 3, 2024 removes the provision for Mr. Grafm ...

文章核心观点 - 美国银行(U.S. Bancorp)作为一家区域性银行,在2023年初的区域银行危机中受益于复苏,并在其收购Union Bank分支机构后获得了有利的监管结果[1] - 尽管美国银行的净息差(NIM)恢复需要更长时间,但分析师仍然看好该公司[2] - 美国银行的存款表现相对稳定,但存款结构出现不利变化,非计息存款正在向计息存款转移[3][6][7] - 美国银行的贷款增长较为缓慢,主要受商业借款人需求疲软的影响[9] - 美国银行的资产质量保持良好,拨备水平充足,可抵御潜在的信贷风险[12][13][14][16] - 美国银行的资本充足率有所提升,为未来股东回报提供了空间[18][19] - 分析师预计美国银行的净息差和盈利能力将在2025年进一步改善[20][21] 公司概况 - 美国银行是一家区域性银行,在2023年初的区域银行危机中受益于复苏[1] - 公司收购Union Bank分支机构后获得了有利的监管结果[1] - 公司存款表现相对稳定,但存款结构出现不利变化,非计息存款正在向计息存款转移[3][6][7] - 公司贷款增长较为缓慢,主要受商业借款人需求疲软的影响[9] - 公司资产质量保持良好,拨备水平充足,可抵御潜在的信贷风险[12][13][14][16] - 公司资本充足率有所提升,为未来股东回报提供了空间[18][19] 行业趋势 - 区域银行行业在2023年初经历了一次危机,但已经开始复苏[1] - 银行业面临存款结构变化的挑战,非计息存款正在向计息存款转移[3][6][7] - 银行业贷款需求受到宏观经济环境的影响,商业借款人需求疲软[9] - 银行业资产质量和资本充足率是关注重点,体现了行业的风险管理水平[12][13][14][16][18][19] - 银行业的盈利能力受到利率环境变化的影响,需要关注净息差的变化趋势[2][20][21]

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating The Bancorp, Inc. ("TBBK" or the "Company") (NASDAQ:TBBK) for potential violations of the federal securities laws. The firm's investigation is in connection with a recent report by activist short seller Culper Research alleging that TBBK has misrepresented the quality of its real estate bridge loan portfolio and contending that TBBK's related loss reserv ...

JASPER, Ind., June 03, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) today announced and closed the sale of the assets of its wholly-owned subsidiary German American Insurance (GAI) to Hilb Group, an industry-leading insurance broker. The all-cash transaction is for $40 million, and creates a significant after-tax gain, net of transaction costs, of approximately $27 million. The purchase price represents approximately four times 2023 GAI revenues and approximately 24 times 2023 GAI a ...

OAKDALE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY), the parent company of Oak Valley Community Bank, has been awarded the 2023 Raymond James Community Bankers Cup as one of the top 10% of community banks in the United States. Winners are recognized for demonstrating superior performance in several financial measurements. The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targe ...

SHIPPENSBURG, Pa. and YORK, Pa., May 30, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown") (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. ("Codorus Valley") (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they each received shareholder approval for the previously announced merger of equals. At a special meeting of shareholders held on May 30, 2024, Codorus Valley's shareholders approved the merger ...

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) ("Valley"), the holding company for Valley National Bank, announced today its regular preferred and common dividends. The declared quarterly dividends to shareholders of record on June 13, 2024 are as follows: A cash dividend of $0.390625 per share to be paid July 1, 2024 on Valley's Non-Cumulative Perpetual Preferred Stock Series A; A cash dividend of $0.577693 per share to be paid June 28, 2024 on Valley's Non-Cumulative Perpe ...

LIMERICK, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTCQX:VTYB), today announced that its Board of Directors has declared a quarterly cash dividend of $0.0650 per outstanding share of common stock. The dividend will be paid on or about June 14, 2024 to stockholders of record as of the close of business on June 3, 2024. The Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB (https://www.otcmarkets.com/) and is the parent company of The Victory Bank, a Pennsylvania st ...

CINCINNATI, May 28, 2024 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announces the election of Anne Arvia as a new director on the First Financial Board of Directors, following a vote during the company's annual meeting of shareholders on Tuesday, May 28, 2024."Anne brings extensive banking and strategic transformation experience, and her history of advising C-suite leaders and boards on business operations will be valuable for the bank," said Claude Davis, chairman.Anne Arvia"Anne is an excellen ...

WILLIAMSPORT, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company’s Board of Directors declared a second quarter 2024 cash dividend of $0.32 per share. The dividend is payable June 25, 2024 to shareholders of record June 11, 2024. About Penns Woods Bancorp, Inc. Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North C ...