DDA

CBB Bancorp, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
Friday, April 26, 2024
Banking, Professional Services, Finance, Common equity, Sale, FHLB, Bank, Federal Home Loan Banks, ACL, SBA, MMDA, Risk-weighted asset, CBB, DDA, The Company, Credit

The return on average assets for the first quarter 2024 was 1.32% compared to 1.54% for the fourth quarter 2023 and 1.59% for the first quarter 2023.

Key Points: 
  • The return on average assets for the first quarter 2024 was 1.32% compared to 1.54% for the fourth quarter 2023 and 1.59% for the first quarter 2023.
  • The return on average equity for the first quarter 2024 was 9.57%, compared to 11.94% for the fourth quarter 2023 and 13.45% for the first quarter 2023.
  • The efficiency ratio for the first quarter 2024 was 54.68%, compared to 49.45% for the fourth quarter 2023 and 51.04% for the first quarter 2023.
  • The net interest margin for the first quarter 2024 was 3.77%, compared to 3.86% for the fourth quarter 2023 and 4.38% for the first quarter 2023.

Dynamo Software Unveils Agenda & Key Topics for Its Annual User Conference: A Deep Dive Into the Future of the ALTS FinTech Ecosystem

Retrieved on: 
Tuesday, April 23, 2024
Professional Services, Technology, Insurance, Software, Finance, Fintech, Banking, Partnership, Copley Place, Creativity, Innovation, Like a Boss (film), DDA, The Walt Disney Company, Prudential Tower, Tutoring

Alternative investments FinTech Dynamo Software today announced the agenda for its popular annual Dynamo University ’24 user conference.

Key Points: 
  • Alternative investments FinTech Dynamo Software today announced the agenda for its popular annual Dynamo University ’24 user conference.
  • This shift comes in direct response to a growing General and Limited Partners demand for information on the most recent advancements in ALTS investment workflow technologies.
  • Dynamo University '24 will feature an impressive roster of speakers, foster engaging peer-to-peer discussions, and offer practical instructional sessions.
  • The conference’s agenda, which can be accessed via the new mobile app, Dynamo EventsHub , is designed to facilitate full utilization of the FinTech capabilities integrated into Dynamo’s end-to-end cloud platform.

Hancock Whitney Reports First Quarter 2024 EPS of $1.24

Retrieved on: 
Tuesday, April 16, 2024
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, Personal Finance, Sale, Total, Common, Central Time, TCE, Insurance, HWC, Trust, ACL, ATM, NIM, DDA, EPS, Share repurchase, Credit, Growth, Q&A, Video game

Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2024.

Key Points: 
  • Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2024.
  • Net income for the first quarter of 2024 totaled $108.6 million, or $1.24 per diluted common share (EPS), compared to $50.6 million, or $0.58 per diluted common share, in the fourth quarter of 2023.
  • Noninterest income totaled $87.9 million for the first quarter of 2024, up $48.9 million, or 126%, from the fourth quarter of 2023.
  • Other noninterest income was $13.2 million in the first quarter of 2024, compared to $32.0 million in the fourth quarter of 2023.

Battery Ventures Announces Strategic Investment in AdaCore to Propel the Future of High Integrity Software Development

Retrieved on: 
Thursday, March 28, 2024
Security, Hardware, Other Technology, Technology, Software, High, Longevity, Partnership, Battery Ventures, Transport, Safety, Future, DDA, Machine learning, Multimedia, Risk management

Battery Ventures, a global, technology-focused investment firm, today announced a significant investment in AdaCore, a leader in providing software development tools for safety- and security-critical systems.

Key Points: 
  • Battery Ventures, a global, technology-focused investment firm, today announced a significant investment in AdaCore, a leader in providing software development tools for safety- and security-critical systems.
  • View the full release here: https://www.businesswire.com/news/home/20240328498013/en/
    Battery Ventures Announces Strategic Investment in AdaCore to Propel the Future of High Integrity Software Development (Graphic: Business Wire)
    Founded three decades ago, AdaCore specializes in developing robust software solutions that cater to industries where safety, security, and reliability are paramount.
  • Leveraging Battery Ventures' investment, AdaCore will enhance its product portfolio, developing innovative new tools and technologies that address the evolving needs of companies pursuing high integrity software development.
  • "We are at a pivotal moment in the evolution of software development, where the demand for high integrity and secure software has never been more critical,” said Franco Gasperoni, CEO at AdaCore.

US Digital Marketing Trends in Non-small Cell Lung Cancer: Merck's Keytruda.com Achieved the Highest Total Traffic Across NSCLC Patient Websites - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 14, 2024
Health, Oncology, AstraZeneca, Pfizer, Digital, Comparison, Patient, Roche, Social media, Merck, BMS, Lung cancer, DDA, HCP, Pharmaceutical industry

Merck's Keytruda.com achieved the highest total traffic across non-small cell lung cancer (NSCLC) patient sites in the US, with over 2.4 million visitors from October 2022 to September 2023.

Key Points: 
  • Merck's Keytruda.com achieved the highest total traffic across non-small cell lung cancer (NSCLC) patient sites in the US, with over 2.4 million visitors from October 2022 to September 2023.
  • Overall, the highest proportion of traffic to top branded patient NSCLC websites originated from direct and organic sources.
  • AstraZeneca's Imfinzihcp.com achieved the highest total traffic across NSCLC HCP sites in the US, with almost 300,000 visitors from October 2022 to September 2023.
  • Overall, the highest proportion of traffic to branded NSCLC websites for HCPs originated from direct sources, followed by paid and organic traffic.

Assess Key Digital Marketing Aetrics of United States pharma Assets in NSCLC, Including Branded Websites for Patients and HCPs, Unbranded Websites, and Social Media

Retrieved on: 
Friday, March 15, 2024
AstraZeneca, Pfizer, Digital, Comparison, Patient, Roche, Social media, Merck, BMS, Lung cancer, DDA, HCP, Pharmaceutical industry

Overall, the highest proportion of traffic to top branded patient NSCLC websites originated from direct and organic sources.

Key Points: 
  • Overall, the highest proportion of traffic to top branded patient NSCLC websites originated from direct and organic sources.
  • Overall, the highest proportion of traffic to branded NSCLC websites for HCPs originated from direct sources, followed by paid and organic traffic.
  • This report assesses key digital marketing metrics of pharma assets in NSCLC, including branded websites for patients and HCPs, Unbranded websites, and social media accounts.
  • Compare top branded and unbranded assets for patients by how they address and support different patient needs.

Survey Shows Rising Use of Bank Deposit Accounts, Government MMFs, and CDs

Retrieved on: 
Tuesday, February 13, 2024
DDA, Allspring Global Investments, MMDA, Liquidity risk, Compact disc, Government, Research, Treasury

Atlanta, GA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Strategic Treasurer and Allspring Global Investments recently released the Liquidity Risk Survey Results Report.

Key Points: 
  • Atlanta, GA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Strategic Treasurer and Allspring Global Investments recently released the Liquidity Risk Survey Results Report.
  • This survey’s questions probed 160 treasury and finance professionals on key aspects of their liquidity risk management.
  • As the eleventh iteration of this survey, the research has extensive longitudinal data and reveals decade-long trends.
  • Highlights of the results include the following:
    Monitoring of counterparty exposures for bank deposits and CDs has gradually but consistently trended down from 60% in 2013 to 52% in 2023.

Real-time Fraud Data Sharing Consortium SardineX Rebrands to Sonar, and Expands to 20 Members

Retrieved on: 
Tuesday, February 6, 2024
Legal, Software, Payments, Finance, Professional Services, Technology, Fintech, Security, Fraud, RTP, ACH, Risk, DDA, GLBA, FedNow, KYC, AML, Credit, Suspicious Activity?, Cryptocurrency

Since its launch last August, Sonar has grown to include 20 members, with an additional 30 entities currently engaged in due diligence and testing.

Key Points: 
  • Since its launch last August, Sonar has grown to include 20 members, with an additional 30 entities currently engaged in due diligence and testing.
  • First-party fraud: Enhances risk decisioning during account opening, account funding, and checkout with risk scores, reputation levels, and device and behavior signals.
  • Today, members are actively contributing towards new services to tackle emerging fraud and scam trends.
  • A comprehensive set of operating rules, including the protection of shared data, has been ratified by members to govern the utility's operations.

Bay Community Bancorp Earns $1.31 Million in Fourth Quarter 2023 and a Record $8.23 Million for the Year; Declares Quarterly Cash Dividend of $0.05 Per Share

Retrieved on: 
Monday, February 5, 2024
Federal, ECIP, Growth, ERP, Community Bank, CECL, FDIC, BEA, Common equity, Compact disc, DDA, Investment, Current Expected Credit Losses, Environmental protection, NOW, Bank, Community development financial institution, Share repurchase, Video game

For the year 2023, net income increased 2.1% to a record $8.23 million, compared to $8.06 million in 2022.

Key Points: 
  • For the year 2023, net income increased 2.1% to a record $8.23 million, compared to $8.06 million in 2022.
  • This marks the twelfth consecutive cash dividend payment since the Company initiated quarterly cash dividends on April 30, 2021.
  • Pre-tax, pre-provision, pre-CDFI grant income was $1.59 million in the fourth quarter of 2023, compared to $3.39 million in the year ago quarter, and $1.99 million in the third quarter of 2023.
  • Noninterest expense was $6.84 million in the fourth quarter of 2023, compared to $5.48 million in the fourth quarter of 2022, and $6.46 million in the third quarter of 2023.

Heartland BancCorp Earns $5.3 Million, or $2.61 Per Diluted Share, in the Fourth Quarter of 2023; and a Record $19.5 Million, or $9.62 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.759 Per Share

Retrieved on: 
Tuesday, January 23, 2024
UCL, NIM, Compact disc, FDIC, CECL, ACL, DDA, CRE, Book, Sale, Federal Home Loan Banks, Dow Jones, NOW, NPAS, Heartland Bank, EVP, PPP, Growth, Video game

Net interest margin was 3.49%, compared to 3.52% in the preceding quarter and 4.13% in the fourth quarter a year ago.

Key Points: 
  • Net interest margin was 3.49%, compared to 3.52% in the preceding quarter and 4.13% in the fourth quarter a year ago.
  • Fourth quarter revenues (net interest income plus noninterest income) increased 1.6% to $18.6 million, compared to $18.3 million in the fourth quarter a year ago.
  • Annualized return on average tangible common equity was 15.05%, compared to 15.63% in the fourth quarter a year ago.
  • “Our net interest margin is starting to stabilize, contracting three basis points during the fourth quarter, compared to the prior quarter.