FleetBoston Financial

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.24 Per Share

Retrieved on: 
Tuesday, March 19, 2024
Banking, Professional Services, Finance, OTC Markets Group, FleetBoston Financial, Farmer

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.24 per share, which will be paid on April 15, 2024, to shareholders of record as of April 1, 2024.

Key Points: 
  • First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.24 per share, which will be paid on April 15, 2024, to shareholders of record as of April 1, 2024.
  • The dividend represents a 4.3% increase compared with the cash dividend paid during the same period last year.

F.L.Putnam Names Financial Services Veteran Molly O'Connor Chief People Officer

Retrieved on: 
Thursday, March 21, 2024
Acqui-hiring, MBA, HR, Manning, State Street, Acquisition, BNY Mellon, FleetBoston Financial, BankBoston, Management

WELLESLEY, Mass., March 21, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced the appointment of Molly O'Connor to the newly created role of Chief People Officer.

Key Points: 
  • WELLESLEY, Mass., March 21, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced the appointment of Molly O'Connor to the newly created role of Chief People Officer.
  • She will report directly to CEO Tom Manning and serve as a member of the executive team.
  • "Molly is highly regarded in wealth management and across the broader financial services community and we are honored to have such a smart, accomplished, and trusted executive lead our human resources efforts," said Tom Manning, CEO of F.L.Putnam.
  • Most recently, she founded and led Stoneybrook Search, a financial services recruitment firm based in Boston that served the wealth management industry.

Yuexiu REIT's Revenue Up by 11.4% for 2023

Retrieved on: 
Thursday, March 7, 2024
Carbon, Certification, RMB, Qiaokou District, China Life Insurance Company, REIT, Watsons, Music, Dongxing Securities, ESG, Hall, Government, Risk, ZTE, China Merchants Bank, Unit, White horse, Overalls, Real estate investing, Policy, Uniqlo, Chong Hing Bank, Hongqi (marque), FleetBoston Financial, Fortune Plaza, Season, Real estate

HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?

Key Points: 
  • HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?
  • -- Operating revenue of the GZIFC complex was RMB1,031 million, accounting for 49.4% of the REIT's total revenue.
  • -- Yuexiu Financial Tower posted an operating revenue of approximately RMB399 million, representing 19.1% of the REIT's total revenue.
  • GZIFC and Yuexiu Financial Tower completed the renewal of Platinum Certification, and Wuhan Yuexiu Fortune Centre obtained the Net Zero Carbon Building Excellence Certification.

Farmers & Merchants Bank of Long Beach Declares First-Quarter Cash Dividend Payment of $28 Per Share

Retrieved on: 
Tuesday, February 20, 2024
Banking, Professional Services, Finance, OTCQX, FleetBoston Financial, Holding company

Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) today announced that its board of directors has approved the Bank’s regular quarterly cash dividend of $28 per share on the Bank’s common stock.

Key Points: 
  • Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) today announced that its board of directors has approved the Bank’s regular quarterly cash dividend of $28 per share on the Bank’s common stock.
  • The quarterly dividend is payable on March 29, 2024, to shareholders of record as of March 15, 2024.
  • The declaration represents F&M’s 526th dividend payment.
  • F&M has paid a dividend each year to shareholders since 1916, and the value of F&M’s quarterly dividend has never decreased.

CODE Staffing Adds Three Members to its Board of Advisors

Retrieved on: 
Thursday, March 7, 2024
CODE, Social media, FleetBoston Financial, Commercial property, Mortgage Bankers Association, Computer science, Workplace, Human, Mass communication, NatWest, Ohio University, Publishing, Toronto-Dominion Bank, Business administration, Human resources, Bowling Green State University, International business, The Real Estate Roundtable, Housing, Microsoft, Business Insider, Software, Management

Prior to his current role he served as Chief Operating Officer for a publicly traded reseller of wireless services.

Key Points: 
  • Prior to his current role he served as Chief Operating Officer for a publicly traded reseller of wireless services.
  • "This is an extremely strong group of advisors who will help CODE Staffing in our efforts to transform the contingent staffing industry," Griver said.
  • CODE Staffing is the IT contingent staffing arm of Houston-based The CODE Group, which was established in 1993 by Markus Egger and has grown its service offerings from publishing and distributing one of the longest-running, global software magazines (CODE Magazine), to completing multi-million-dollar projects with its CODE Consulting and CODE Training.
  • CODE Staffing provides professional software developers at a client's workplace or remotely to augment their software development team and help staff projects of any size.

Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,418,337 or $2.08 Per Share for the Year Ended December 31, 2023

Retrieved on: 
Wednesday, January 31, 2024
SBA, Farmer, CECL, FDIC, Environment, AFS, Tax, FleetBoston Financial, Farmers and Merchants Bank, Investment, Federal Reserve, Sale, Insurance

The Company’s return on average equity during the year ended December 31, 2023 was 13.08% compared to 16.03% for the same period in 2022.

Key Points: 
  • The Company’s return on average equity during the year ended December 31, 2023 was 13.08% compared to 16.03% for the same period in 2022.
  • The Company’s return on average assets during the year ended December 31, 2023 was 0.86% compared to 1.13% for the same period in 2022.
  • The Company’s return on average equity during the three months ended December 31, 2023 was 11.92% compared to 17.76% for the same period in 2022.
  • The Company’s return on average assets during the three months ended December 31, 2023 was 0.72% compared to 1.12% for the same period in 2022.

Brookline Bancorp, Inc. Chief Operations Officer James Cosman to Retire

Retrieved on: 
Wednesday, January 24, 2024
Senior, Citizens Bank, Middlesex Savings Bank, Bank, Trust, Information technology, FleetBoston Financial, BankBoston, Support, Executive, Digital, McCurdy, Retirement, Santander Bank, System, Information, Century Bank, Blue Hills Bank, Management

BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp (NASDAQ: BRKL) Co-President and Chief Operating Officer Michael McCurdy announced today three key changes affecting leadership positions at Brookline Bancorp, Inc. (the “Company”).

Key Points: 
  • Mona Macero Will Become Chief Digital Officer of Brookline Bancorp, Inc.
    BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp (NASDAQ: BRKL) Co-President and Chief Operating Officer Michael McCurdy announced today three key changes affecting leadership positions at Brookline Bancorp, Inc. (the “Company”).
  • After fifteen years as the Company’s Chief Operations Officer, James Cosman will retire effective April 1, 2024.
  • With respect to Macero’s appointment, McCurdy stated: “We are fortunate that Mona will assume the position of Executive Vice President and Chief Digital Officer.
  • With Kelly, our operations foundation is solid.”
    Jim Cosman joined the Company in 2009 as Chief Operations Officer.

Farmers & Merchants Bancorp (FMCB) Reports Record Year-End 2023 Financial Results

Retrieved on: 
Wednesday, January 24, 2024
Classification, Total, Bank, Insurance, Share repurchase, Central California, Merchant, Growth, FleetBoston Financial, Environment, Sale, Investment, OTCQX, Farmer

LODI, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported full-year 2023 net income of $88.3 million, or $116.61 per diluted common share, up 17.61%, compared to full-year 2022 net income of $75.1 million, or $96.55 per diluted common share, compared to full-year 2022. For the year ended December 31, 2023, return on average assets was 1.68% and return on average equity was 17.05% an increase from 1.41% and 16.04% for the same respective measures a year earlier.

Key Points: 
  • Total investments increased slightly from $998.2 million as of December 31, 2022 to $1.0 billion as of December 31, 2023.
  • There were no non-performing loans or leases at December 31, 2023, compared with $0.6 million at December 31, 2022.
  • At December 31, 2023, the tangible common equity ratio was 10.13% an increase of 126 basis points from 8.87% at December 31, 2022.
  • Tangible book value per share increased to $717.05 per share at December 31, 2023, up 16.89% compared with $613.42 a year ago.

First Merchants Bank Announces Plans to Expand in Detroit, Bringing Financial Services to Fitzgerald

Retrieved on: 
Tuesday, January 23, 2024
Community, Family, First Merchants Corporation, ATM, Corporate social responsibility, FleetBoston Financial, First, Small business, Economic development, Bank

“We are excited to open our doors in Fitzgerald and become a part of this vibrant community,” said Artina Packnett, Banking Center Manager for the new Fitzgerald branch.

Key Points: 
  • “We are excited to open our doors in Fitzgerald and become a part of this vibrant community,” said Artina Packnett, Banking Center Manager for the new Fitzgerald branch.
  • Financial Wellness: The branch will offer financial wellness workshops and a people-first, attentive service experience.
  • “We look forward to partnering with First Merchants to provide services like financial education workshops, business development, and solutions for the Fitzgerald community.
  • The bank will continue to listen to community needs, engage and problem-solve solutions, and offer programs that will help residents improve their financial well-being.

Seven Low-Income Families Become Homeowners in South Los Angeles

Retrieved on: 
Friday, January 19, 2024
Habitat, Greater Los Angeles, Heart, Amazon, Humanity, Bank, FleetBoston Financial, Bank of America, Wells Fargo, Farmer

Los Angeles, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Habitat for Humanity of Greater Los Angeles (Habitat LA) celebrates new first-time homeowners at the Isabel Villas neighborhood dedication ceremony on Saturday, January 20th.

Key Points: 
  • Los Angeles, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Habitat for Humanity of Greater Los Angeles (Habitat LA) celebrates new first-time homeowners at the Isabel Villas neighborhood dedication ceremony on Saturday, January 20th.
  • The new affordable 8-home development is nestled in the Willowbrook neighborhood of Los Angeles.
  • Now, we are thrilled to welcome our partner families to this special community.” said Erin Rank, President & CEO of Habitat LA.
  • We extend a special thank you to our generous donors and partners for supporting the development of Isabel Villas, including: County of Los Angeles and L. A.