Commercial bank

HDBank announces financial statements with profit of $524 million, ROE 24.2%, releases 2024 ESG report

Retrieved on: 
Wednesday, April 10, 2024
ESG, ROE, ROA, Social responsibility, Bank statement, HCM, Safety, HD, Commercial bank, Financial adviser

HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.

Key Points: 
  • HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.
  • — Photo courtesy of HD Bank
    Profitability ratio ROA is 2% and ROE is 24.2%, both higher than last year and keeping HDBank among the group of leading banks in these crucial indicators.
  • HDBank is the first in Vietnam to publish an ESG report in 2024 as part of its efforts to help Vietnam achieve its commitment of achieving net zero greenhouse gas emissions.
  • HD SAISON Finance Co. Ltd., a joint venture with a Japanese partner, achieved leading business results in terms of profit and safety among financial companies.

HDBank to pay 25% dividend in cash and stocks, aim for high growth in 2024

Retrieved on: 
Wednesday, April 10, 2024
State bank, ESG, AGM, HCM, ROA, News, Commercial bank, Risk management

HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023.

Key Points: 
  • HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023.
  • HDBank will submit reports to shareholders for approval, including its business performance in 2023, business plans for 2024, profit distribution plans for 2023, and other key reports.
  • Eyeing VND16 trillion profits in 2024, ROE at 24.6%
    HDBank, which has gone through a 10-year journey of reform, maintained its high and steady growth in 2023.
  • In 2024 the bank remains on track for high growth while developing a comprehensive environmental, social and governance (ESG) strategy.

EQS-News: Varengold Bank AG: Preliminary unaudited figures for 2023 and a good start to the year in Q1 2024

Retrieved on: 
Wednesday, April 10, 2024
EUR, Federal Financial Supervisory Authority, Tax, PwC, EBT, Varengold Bank, Section 44, Bank, Bank statement, Commercial bank, KWG, Deutsche Bundesbank

Hamburg, 09/04/2024 – Varengold Bank AG (symbol: VG8) looks back on a turbulent year 2023.

Key Points: 
  • Hamburg, 09/04/2024 – Varengold Bank AG (symbol: VG8) looks back on a turbulent year 2023.
  • The special audit is still ongoing, with two of the three audit items having been completed to date.
  • For the financial year 2023, the Bank reports preliminary and unaudited earnings before taxes (EBT) as a key performance indicator of EUR 25.8 million (preliminary EBT 2022: EUR 26.8 million).
  • As at 31 March 2024, the Bank reported a preliminary EBT of EUR 5.9 million.

Peapack Private Announces New York City Expansion

Retrieved on: 
Monday, April 8, 2024
Citigroup, Private, Growth, Corrado, Capital One, Business, JPMorgan Chase, Bryant University, Flagstar Bank, Capital, Treasurer, Commercial, Senior, Commercial bank, Marketing, Private banking, Professional services, Committee on Finance, PGC, Hofstra University, Signature Bank

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.

Key Points: 
  • Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.
  • “We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.
  • “We were attracted to the single-point-of-contact model that Peapack Private offers, along with the added value of its wealth management solutions,” commented Corrado.
  • Peapack Private fully expects to continue offering its private banking service model to the Tri-State area and to grow in the coming years.

CIO Leadership: HMG Strategy Celebrates World-Class CIOs and Business Tech Leaders at its 17th Annual New York CIO Summit of America on April 11

Retrieved on: 
Thursday, April 4, 2024
Cloud, KPMG, Schneider Electric, Box, Atlantic Health System, CISO, Rubrik, Imperial Bank of China, Zoom, Information officer, CIO, D.C, Partner, HMG, Business, SVP, RingCentral, Pure Storage, Bimbo Bakeries USA, LastPass, Commercial bank, Campbell Soup Company, Organization, EVP, Digital, BetterCloud, SAP, Fortinet, Npower, LINX, Management

“HMG Strategy’s 2024-2025 Global Leadership Institute Awards are recognized as the industry’s most distinguished and recognizable awards program for business technology leaders,” said Hunter Muller, Founder and CEO, HMG Strategy.

Key Points: 
  • “HMG Strategy’s 2024-2025 Global Leadership Institute Awards are recognized as the industry’s most distinguished and recognizable awards program for business technology leaders,” said Hunter Muller, Founder and CEO, HMG Strategy.
  • “In 2024, our recognition program will honor elite global technology, business and search leaders whose teams are delivering unparalleled value to their organizations.
  • To learn more about the 17th Annual New York CIO Summit of America and to register for the event, click here .
  • HMG Strategy is also excited to be hosting its 13 th Annual Washington, D.C. C-Level Technology Leadership Summit on April 18 at the Ronald Reagan Building.

Dawn Kasulke Joins Peapack Private as Senior Managing Director, Team Leader

Retrieved on: 
Tuesday, April 2, 2024
Seattle University, Capital One, Business administration, Santander Bank, University, U.S. Bancorp, Metro New York, Business, Senior, MBA, Bachelor, Customers Bancorp, PGC, Commercial bank, Wells Fargo

BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Dawn Kasulke has been appointed to lead a team of experienced commercial bankers as a Senior Managing Director, Team Leader, for Peapack Private’s New York City location.

Key Points: 
  • BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Dawn Kasulke has been appointed to lead a team of experienced commercial bankers as a Senior Managing Director, Team Leader, for Peapack Private’s New York City location.
  • She will oversee building out the Bank’s presence in Manhattan.
  • Dawn has extensive experience leading high-performing commercial bankers whose primary focus is providing customized client solutions that meet individual and complex needs.
  • Prior to that as National Business Banking Sales Director and Business Banking Regional Director at Santander Bank, N.A.

Fifth Third and UNC Kenan Institute Launch “Empowering American Cities” Initiative

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Business, Other Professional Services, Finance, Consulting, Banking, Fifth Third Bank, Growth, Knowledge, UNC, Research, University, FITB, City, Snapshot, Heart, Gross domestic product, Multimedia, Privately held company, UNC Kenan–Flagler Business School, EMAS, Commercial bank, Management

Fifth Third (NASDAQ: FITB) today announced the launch of Empowering American Cities, the outcome of a collaborative relationship with the Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill.

Key Points: 
  • Fifth Third (NASDAQ: FITB) today announced the launch of Empowering American Cities, the outcome of a collaborative relationship with the Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill.
  • Empowering American Cities delivers relevant, local economic information tailored for business leaders looking to grow their operations.
  • Empowering American Cities provides individually created dashboards, based on the Kenan Institute research for all EMAs.
  • “Through this relationship, the Kenan Institute and Fifth Third Bank will advance information and knowledge about America’s local economies,” said Jeff Korzenik, Fifth Third Commercial Bank chief economist.

CIO Leadership: The Call for Cybersecurity Innovation will Power the Discussion at the 13th Annual Washington, D.C. C-Level Technology Leadership Summit on April 18

Retrieved on: 
Friday, March 22, 2024
Cloud, KPMG, Schneider Electric, Box, Atlantic Health System, CISO, Imperial Bank of China, Zoom, CIO, HMG, Alcon, RingCentral, Bimbo Bakeries USA, Vishal Dadlani, Commercial bank, LastPass, Automation, Security guard, EVP, Digital, Data, BetterCloud, SAP, Computer security, Fortinet, Npower, SIM, Transformation, LINX, Automation Anywhere, Intelligent automation, Management

To learn more about the 17th Annual New York CIO Summit of America and to register for the event, click here .

Key Points: 
  • To learn more about the 17th Annual New York CIO Summit of America and to register for the event, click here .
  • HMG Strategy will also be hosting its 15 th Annual Dallas C-Level Technology Leadership Summit on April 2.
  • Key topics to be explored at the event will include opportunities to leverage innovative technologies and partnerships to power business growth.
  • For more information about the 15th Annual C-Level Dallas Technology Leadership Summit and to register, click here .

Dime Announces Significant Expansion of Private and Commercial Bank With Launch of National Deposits Group

Retrieved on: 
Tuesday, March 12, 2024
Bank OZK, Private, Dime Community Bank, Valley Bank, EVP, DCOM, Software, Insurance, Treasury, Commercial bank, Bank

HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.

Key Points: 
  • HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.
  • The new National Deposits Group will consist of:
    Martin Ball – Head of National Deposits.
  • Mr. Ball was previously Head of National Deposits at Valley Bank and prior to that an EVP of Bank OZK
    Glen Carballo – Director of National Deposits.
  • With the launch of the National Deposits Group, our Private and Commercial Bank will have another growth engine in the years ahead.”

CIO Leadership: The Call for Visionary Global Leadership Will Power the Discussion at HMG Strategy’s 17th Annual New York CIO Summit of America on April 11

Retrieved on: 
Tuesday, March 12, 2024
Cloud, KPMG, Schneider Electric, Box, Atlantic Health System, CISO, Engineering, Imperial Bank of China, Zoom, Information system, CIO, HMG, Alcon, RingCentral, Bimbo Bakeries USA, LastPass, Commercial bank, Automation, Organization, Arizona State University, Security guard, EVP, Digital, Data, BetterCloud, SAP, Computer security, Fortinet, Npower, OpenText, SIM, Transformation, FPT Corporation, Automation Anywhere, Cox Communications, Intelligent automation, Management

“There’s never been a better time to be an enterprise business technology executive,” said Hunter Muller, Founder and CEO of HMG Strategy.

Key Points: 
  • “There’s never been a better time to be an enterprise business technology executive,” said Hunter Muller, Founder and CEO of HMG Strategy.
  • To learn more about the 17th Annual New York CIO Summit of America and to register for the event, click here .
  • To learn more about the 15th Annual Phoenix C-Level Technology Leadership Summit and to register for the event, click here .
  • HMG Strategy will also be hosting its 15 th Annual Dallas C-Level Technology Leadership Summit on April 2.