ATM

First Hawaiian, Inc. Reports First Quarter 2024 Financial Results and Declares Dividend

Retrieved on: 
Friday, April 26, 2024

HONOLULU, April 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended March 31, 2024.

Key Points: 
  • HONOLULU, April 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended March 31, 2024.
  • “I’m pleased to report that we started 2024 with a solid first quarter,” said Bob Harrison, Chairman, President, and CEO.
  • The dividend will be payable on May 31, 2024, to stockholders of record at the close of business on May 20, 2024.
  • The net interest margin was 2.91% in the first quarter of 2024, an increase of 10 basis points compared to 2.81% in the prior quarter.

Getty Realty Corp. Announces First Quarter 2024 Results

Retrieved on: 
Thursday, April 25, 2024

Impairment charges for the quarter ended March 31, 2024 also included reductions in the carrying value of certain properties based on third-party indications of potential selling prices.

Key Points: 
  • Impairment charges for the quarter ended March 31, 2024 also included reductions in the carrying value of certain properties based on third-party indications of potential selling prices.
  • During the quarter ended March 31, 2024, the Company invested $41.0 million, including:
    The acquisition of 22 properties for $33.2 million (net of previously funded amounts).
  • Getty Realty Corp. will host a conference call and webcast on Friday, April 26, 2024 at 8:30 a.m. EDT.
  • If you cannot participate in the live event, a replay will be available on Friday, April 26, 2024 beginning at 11:30 a.m. EDT through 11:59 p.m. EDT, Friday, May 3, 2024.

Pinnacle Bankshares Corporation Announces First Quarter 2024 Earnings

Retrieved on: 
Thursday, April 25, 2024

Our Stock Price ended the quarter at $28.46 per share, based on the last trade, which is an increase of $4.45, or 19%.

Key Points: 
  • Our Stock Price ended the quarter at $28.46 per share, based on the last trade, which is an increase of $4.45, or 19%.
  • Noninterest income for the quarter ended March 31, 2024 was $1,623,000 representing a $119,000, or 7%, decrease compared to the quarter ended March 31, 2023.
  • Noninterest expense for the quarter ended March 31, 2024 increased $625,000, or approximately 9%, to $7,402,000 from $6,777,000 for the quarter ended March 31, 2023.
  • Pinnacle Bankshares Corporation is a locally managed community banking organization serving Central and Southern Virginia.

Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season

Retrieved on: 
Wednesday, April 24, 2024

MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced its operating results for the first quarter ended March 31, 2024 and provided commentary on business trends, growth opportunities, technology innovation and its financial position.

Key Points: 
  • The Company believes its financial strength, access to low-cost capital and 50-year dividend history provide comfort and confidence to the Company’s stakeholders.
  • Watsco continues to lead and innovate through customer-focused technologies designed to transform the customer experience and reshape how our industry operates.
  • Watsco has also invested in numerous internal technology platforms with the goal of further enhancing margins and improving operating efficiencies.
  • During the first quarter, sales of heat pumps HVAC systems continued to outpace growth rates for conventional straight-cool HVAC systems.

Western New England Bancorp, Inc. Reports Results for Three Months Ended March 31, 2024 and Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, April 23, 2024

The net interest margin was 2.57% for the three months ended March 31, 2024 compared to 2.64% for the three months ended December 31, 2023.

Key Points: 
  • The net interest margin was 2.57% for the three months ended March 31, 2024 compared to 2.64% for the three months ended December 31, 2023.
  • The net interest margin, on a tax-equivalent basis, was 2.59% for the three months ended March 31, 2024, compared to 2.66% for the three months ended December 31, 2023.
  • Net Income for the Three Months Ended March 31, 2024 Compared to the Three Months Ended December 31, 2023.
  • Net Income for the Three Months Ended March 31, 2024 Compared to the Three Months Ended March 31, 2023.

QNB Corp. Reports Earnings For First Quarter 2024

Retrieved on: 
Tuesday, April 23, 2024

Net interest margin was 2.39% for the first quarter of 2024 and 2.55% for the same period in 2023.

Key Points: 
  • Net interest margin was 2.39% for the first quarter of 2024 and 2.55% for the same period in 2023.
  • The yield on earning assets was 4.57% for the first quarter 2024, compared with 3.77% in the first quarter of 2023; an increase of 80 basis points.
  • QNB reversed $93,000 in provision for credit losses on loans in the first quarter of 2024 compared to a reversal in provision of $1,783,000 in the first quarter of 2023.
  • The effective tax rates for the quarter ended March 31, 2024 was 20.4% compared with 21.4% for the same period in 2022.

NeuroMetrix Announces Steps Taken to Enhance Shareholder Value

Retrieved on: 
Friday, April 19, 2024

WOBURN, Mass., April 19, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (NASDAQ: NURO) today announced two steps to enhance shareholder value following feedback and recommendations from one of its largest shareholders, Ephraim Fields of Echo Lake Capital.

Key Points: 
  • WOBURN, Mass., April 19, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (NASDAQ: NURO) today announced two steps to enhance shareholder value following feedback and recommendations from one of its largest shareholders, Ephraim Fields of Echo Lake Capital.
  • The Board has approved the appointment of Joshua S. Horowitz as a new independent director with a 1-year term.
  • Since January 2012, he has served as a portfolio manager with Palm Management (US) LLC.
  • I believe we all have a common goal of maximizing NeuroMetrix shareholder value.”
    Ephraim Fields of Echo Lake Capital commented, “I thank NeuroMetrix’s Board for considering my suggestions and believe the actions announced today will be very helpful in maximizing value for all shareholders.”

Brink’s Schedules First-Quarter 2024 Earnings Release and Conference Call for May 8, 2024

Retrieved on: 
Wednesday, April 17, 2024

The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).

Key Points: 
  • The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).
  • Participants should join at least five minutes prior to the start of the call.
  • A replay of the call will be available through May 15th, 2024, at (877) 344-7529 (in the U.S.) or (412) 317-0088 (international).
  • A webcast replay will also be available on the Brink’s Investor Relations site in the Events section.

Allarity Therapeutics Receives NASDAQ-Approved Extension to Regain Compliance with Nasdaq Listing Rule 5550(b)(1)

Retrieved on: 
Wednesday, April 17, 2024

Boston (April 17, 2024)—Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced that it had been granted an extension until May 14, 2024, to regain compliance with Nasdaq Listing Rule 5550(b)(1).

Key Points: 
  • Boston (April 17, 2024)—Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced that it had been granted an extension until May 14, 2024, to regain compliance with Nasdaq Listing Rule 5550(b)(1).
  • On February 1, 2024, Allarity Therapeutics presented a strategic plan to the Nasdaq Hearings Panel, detailing both immediate and long-term strategies aimed at regaining compliance with the requirements outlined in Nasdaq Listing Rules 5550(a)(2) and 5550(b).
  • Following a recent presentation on the progress of the plan's execution to date, Nasdaq issued an extension, granting Allarity additional time until May 14, 2024, to demonstrate full compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum stockholders' equity of $2,500,000.
  • The steps that Allarity has taken to regain compliance with Nasdaq’s listing requirements include that the Company recently implemented a 1-for-20 reverse stock split effective April 9, 2024, aimed at regaining bid price compliance, rule 5550(a)(2).

Green Check Partners with PAI, Powered by Brinks, Expanding Access to Reliable Integrated ATM Solutions for the Cannabis Industry

Retrieved on: 
Tuesday, April 16, 2024

BONITA SPRINGS, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Green Check (GC), the leading fintech provider of financial services solutions and industry insights in the emerging cannabis market, today announced its partnership with Payment Alliance International (PAI), Powered by Brinks , to deliver seamless ATM solutions to the cannabis industry.

Key Points: 
  • BONITA SPRINGS, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Green Check (GC), the leading fintech provider of financial services solutions and industry insights in the emerging cannabis market, today announced its partnership with Payment Alliance International (PAI), Powered by Brinks , to deliver seamless ATM solutions to the cannabis industry.
  • This new partnership empowers PAI to reach more operators via Green Check’s extensive network of cannabis-friendly financial institutions.
  • The partnership further evidences Green Check’s commitment to expanding access to financial and business services for the growing cannabis industry and the tens of thousands of legal, state-licensed operators looking for reliable providers and services.
  • “With cash currency still holding the lion's share of transactions in the cannabis industry, it is imperative to have reliable, trusted integrated ATM cash management solutions that support cannabis operators’ growth and success.