NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims LifeStance Health Group, Inc. (NASDAQ: LFST) and Customers Bancorp, Inc. (NYSE:CUBI). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. LifeStance Health Group, Inc. (NASDAQ: LFST) L ...

BETHLEHEM, Pa., Aug. 19, 2024 (GLOBE NEWSWIRE) -- On August 12, 2024, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended June 30, 2024, a copy of which can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly-owned subsidiary, include: Total assets surpass ...

CLINTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on September 20, 2024, to shareholders of record as of September 6, 2024. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, the Company’s wholly owne ...

DEFIANCE, Ohio and MARBLEHEAD, Ohio, Aug. 14, 2024 (GLOBE NEWSWIRE) -- SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial”), parent company of The State Bank and Trust Company (“State Bank”), and Marblehead Bancorp (“Marblehead”), parent company of The Marblehead Bank (“Marblehead Bank”), today jointly announced entry into a definitive agreement pursuant to which Marblehead will be combined with SB Financial and Marblehead Bank will merge with and into State Bank. The merger agreement was unanimously ap ...

文章核心观点 - 公司是一家规模较小的银行,总市值约为8.23亿美元,在肯塔基、西弗吉尼亚和田纳西州拥有80家分支机构 [1] - 公司存款在2023年银行业危机期间保持稳定,但整体增长较为缓慢 [1][3] - 公司收入和利润在2021年至2022年以及2023年大部分时间内表现疲软 [1] - 公司最近几个季度的存款和贷款规模均有所增加,但证券投资和现金持有量有所下降 [3][5] - 公司债务水平较低,有所改善 [5][6] - 公司净利息收入和非利息收入均有所增加,但整体净利润有所下降 [7][9] 公司财务状况 - 存款规模稳步增长,从2023年末的47.4亿美元增加到2024年二季度的47.49亿美元 [3] - 贷款规模从2023年三季度的39.9亿美元增加到2024年二季度的42.1亿美元 [5] - 证券投资规模从11.4亿美元下降到11.1亿美元,现金持有量从2.193亿美元下降到0.049亿美元 [5] - 债务规模从3.012亿美元下降到2.276亿美元,有所改善 [5][6] 经营业绩 - 2022年净利息收入为1.642亿美元,2023年增加至1.663亿美元,2024年二季度为4,270万美元,略有增长 [7] - 2022年非利息收入为5,790万美元,2023年略有下降至5,770万美元,2024年二季度增加至1,570万美元 [9] - 2023年上半年净利润为3,820万美元,低于2022年上半年的3,870万美元 [9] 估值分析 - 公司目前市盈率为10.7倍,高于6-10倍的合理区间 [12] - 公司市净率和市净有形资产率也高于同行 [13] - 但公司资产质量较好,资产收益率和权益收益率均位于同行前列 [14][15][17] 总结 - 公司基本面并非太差,但估值水平较高,增长动力不足,缺乏足够的安全边际 [19] - 因此维持"持有"评级较为合适 [19]

OTTAWA, Ill., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net loss of ($0.2) million, or $(0.08) per basic and diluted common share for the three months ended June 30, 2024, compared to net income of $0.5 million, or $0.22 per basic and diluted common share for the three months ended June 30, 2023. For the six months ended June 30, 2024, the Company announced net income of $0.1 million, or $0.02 per ...

JEFFERSONVILLE, N.Y., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today second quarter net income of $3,031,000 or $0.72 per share compared to $3,196,000 or $0.75 per share for the same quarter in 2023. The decrease in quarterly net income compared to 2023 of $165,000 was primarily attributable to an increase in provision expense of $496,000 consisting of $57,000 in provision expense and a negative provision of $439,000 recorded in the same period in 2023, an incr ...

Images By Tang Ming Tung Introduction Midland States Bancorp (NASDAQ:MSBI) is a regional bank who has not been exempt from the woes of the banking sector. Higher interest rates and deposit flight have challenged the bank’s ability to maintain earnings. Back in March, I discussed why I reversed course and sold the bank’s high yielding preferred shares (MSBIP). Today, following their second quarter earnings results, I am still avoiding Midland States common and preferred shares. Midland States Second Quar ...

The bank has overhauled its management team and taken steps to shore up its balance sheet.New York Community Bancorp (NYCB 0.64%) has had quite a turbulent year, starting earlier this year when it took significant charge-offs on its loan portfolio, resulting in a surprising $2.7 billion fourth-quarter loss.Since then, its CEO has stepped down and it has overhauled its executive leadership, raised equity capital, and sold off large chunks of its mortgage businesses. The bank is undergoing a multiyear process ...

文章核心观点 - 华盛顿信托银行(WASH)是美国历史最悠久的社区银行之一,过去30年一直保持稳定的股息支付记录 [2] - 尽管WASH的股息收益率较高,但其股息增长率近年来一直较低,这可能会影响股息的可持续性 [5][11][12] - WASH的股息增长受到净息差收缩的影响,这是由于利率上升导致负债成本上升超过资产收益的增长 [13][16][20] - WASH正在通过推出网上存款平台等措施来吸引新的存款,但能否转化为新的贷款业务仍存在不确定性 [21][22] - WASH的收入结构较为多元化,但包括财富管理和抵押贷款业务在内的非利息收入都较为周期性,可能会在经济衰退时受到冲击 [28][29][30][33][34] - 如果出现经济硬着陆,WASH的股息可持续性和资本水平都可能受到挑战 [27][38][39] 根据目录分类总结 公司概况 - WASH是美国历史最悠久的社区银行之一,过去30年一直保持稳定的股息支付记录 [2] - WASH的收入结构较为多元化,包括利息收入、财富管理收入和抵押贷款收入等 [29] 股息分析 - WASH的股息收益率较高,达到7.78% [2] - 但WASH的股息增长率近年来一直较低,过去3年尤其如此 [5][11][12] - 股息增长受到净息差收缩的影响,这是由于利率上升导致负债成本上升超过资产收益的增长 [13][16][20] 经营挑战 - WASH正在通过推出网上存款平台等措施来吸引新的存款,但能否转化为新的贷款业务仍存在不确定性 [21][22] - WASH的非利息收入如财富管理和抵押贷款业务较为周期性,可能会在经济衰退时受到冲击 [28][29][30][33][34] 风险评估 - 如果出现经济硬着陆,WASH的股息可持续性和资本水平都可能受到挑战 [27][38][39] - WASH的股价波动性较高,在经济预期恶化时可能会大幅下跌 [25][26][37]