SEATTLE, July 29, 2024 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (the "Company") (Nasdaq: SFBC), the holding company for Sound Community Bank (the "Bank"), today reported net income of $795 thousand for the quarter ended June 30, 2024, or $0.31 diluted earnings per share, as compared to net income of $770 thousand, or $0.30 diluted earnings per share, for the quarter ended March 31, 2024, and $2.9 million, or $1.11 diluted earnings per share, for the quarter ended June 30, 2023. The Company also ann ...

AMESBURY, Mass., July 29, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported a net loss for the quarter ended June 30, 2024 of $3.3 million, or a loss of $0.20 per diluted share, compared to net income of $5.0 million, or $0.30 per diluted share, for the quarter ended March 31, 2024, and net income of $3.5 million, or $0.21 per diluted share, for the quarter ended June 30, 2023. For the six months ended June 30, 2024, net in ...

Second quarter 2024 net income of $76.4 million, increased 17% compared to second quarter of 2023 and decreased 12% compared to the first quarter 2024.Second quarter 2024 diluted earnings per common share of $1.49 increased 14% compared to the second quarter of 2023 and decreased 17% compared to the first quarter of 2024.Total assets of $18.2 billion surpassed any level previously reported by the Company, increasing 2% compared to March 31, 2024 and increasing 7% compared to December 31, 2023.On May 13, 202 ...

SALINAS, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the parent company of 1st Capital Bank (the “Bank”), today reported unaudited net income of $894 thousand, or $0.16 per diluted share, for the second quarter of 2024, compared to $901 thousand, or $0.16 per diluted share, in the preceding quarter and $609 thousand, or $0.11 per diluted share, for the second quarter of 2023. Net income for the first six months of 2024 was $1.8 million, an increase of $128 t ...

emyu Introduction U.S. Bancorp (NYSE:USB) is a large regional bank that has weathered the challenges associated with the rapid rise of interest rates. Last month, I discussed the bank’s Series A floating preferred share and how it would be a good holding for income investors. While my interest rate outlook has recently changed, and the expectation of lower rates negatively impacts floating rate preferred shares, I still believe the Series A preferred share is the best equity option offered by U.S. Banco ...

franckreporterNew York Community Bancorp (NYSE:NYCB) made news earlier this year when it was forced to raise equity and cut its dividend due to problems creeping up in its commercial loan book. The regional lender’s second-quarter results showed pressure on net income as well as continually unfavorable credit trends, including in the multi-family business. However, the bank is making progress in selling non-strategic assets in order to reorganize its business and improve its liquidity position. NYCB is ...

AsiaVision The Bancorp (NASDAQ:TBBK) is heading for an all-time high and does not seem affected by the current macroeconomic environment. As expressed in my last article, this bank is not like the others, in fact it puts a lot of emphasis on the fintech segment. To some extent, we could almost call it a tech-bank, in fact its profitability ratios are quite high. At the same time, it does not issue dividends in order to reinvest capital in its business, which is not very typical for a bank. In its divers ...

Shreveport, Louisiana, July 26, 2024 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2024, of $638,000 compared to net income of $1.3 million reported for the three months ended June 30, 2023. The Company’s basic and diluted earnings per share were both $0.21, respectively, for the three months ended June 30, 2024, compared to basic and diluted earnings per share of $ ...

The Company’s tier one leverage and risk-based capital ratios were 11.62% and 28.98%, respectively, and the Company is considered to be “well-capitalized” at June 30, 2024.Ratio of non-performing assets to total assets of 0.06% at June 30, 2024.Strong liquidity position with $83 million in cash balances and access to liquidity totaling $951 million as of June 30, 2024. HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii ...

NEW YORK, July 26, 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 Traditions Bancorp, Inc. (OTC: TRBK), relating to its proposed merger with ACNB Corporation. Under the terms of the agreement, Traditions Bancorp shareholders will receive 0.7300 shares of AC ...