Hudson City Bancorp

OceanFirst Financial Corp. Enhances Board and Announces Chief Risk Officer Transition

Retrieved on: 
Tuesday, September 19, 2023
Hudson City Bancorp, OceanFirst Bank, EVP, US Regional Arts Organizations, MBA, Bucknell University, Washington University in St. Louis, BSBA, Retirement, Grace, Economic development, Rutgers Graduate School of Education, ICBC, Comcast, RED, Hackensack Meridian Health, Risk management, Organization, New York University Stern School of Business, Woman, Conference, Tufts University, JPMorgan Chase, Savings bank, Health care, Binghamton University, Health, Public policy, Dartmouth College, Valley Bank, Professional, Graduate School of Economics, Finance, and Management, City, Société Générale, OCFC, BANK, Bank, Management, New York University, Business

RED BANK, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), today announced the appointment of three members to its Board of Directors.

Key Points: 
  • RED BANK, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), today announced the appointment of three members to its Board of Directors.
  • Upon Ms. Vallacchi’s retirement, David Berninger will join OceanFirst Bank as Executive Vice President and Chief Risk Officer.
  • Additionally, the Company announced that John E. Walsh will retire from the Board of Directors at the end of his term in May 2024.
  • Mr. Maher commented, “Grace joined the Bank in 2017 and became a member of its Board of Directors in 2019.

IF Bancorp, Inc. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2023

Retrieved on: 
Thursday, August 31, 2023
Banking, Accounting, Professional Services, Finance, Borrowing base, COVID-19, PSLRA, Clifton Bancorp, Inc., Accounting standard, ESOP, Sale, Depreciation, ASU, Security (finance), Annual report, Hudson City Bancorp, Cryptocurrency, Bank

Interest income increased to $32.1 million for the year ended June 30, 2023, from $24.8 million for the year ended June 30, 2022.

Key Points: 
  • Interest income increased to $32.1 million for the year ended June 30, 2023, from $24.8 million for the year ended June 30, 2022.
  • Interest expense increased to $10.1 million for the year ended June 30, 2023, from $2.5 million for the year ended June 30, 2022.
  • Non-interest income decreased to $4.1 million for the year ended June 30, 2023, from $5.5 million for the year ended June 30, 2022.
  • Non-interest expense increased to $20.0 million for the year ended June 30, 2023, from $19.4 million for the year ended June 30, 2022.

The Bancorp, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023
Finance, Banking, Professional Services, Asset Management, Fintech, Insurance, LIVE, Paycheck Protection Program, Hudson City Bancorp, ACH, Clifton Bancorp, Inc., Sale, Security, Dislocation, Federal Reserve, Webcast, Growth, Government, Bank holding company, National Association, Conference, Bank, Airline

The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2023.

Key Points: 
  • The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2023.
  • Net interest income increased 62% to $85.8 million for the quarter ended March 31, 2023, compared to $52.9 million for the quarter ended March 31, 2022.
  • Net interest margin amounted to 4.67% for the quarter ended March 31, 2023, compared to 3.12% for the quarter ended March 31, 2022, and 4.21% for the quarter ended December 31, 2022.
  • Direct lease financing balances increased 21% year over year to $652.5 million at March 31, 2023, and 3% quarter over quarter.

IF Bancorp, Inc. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2022

Retrieved on: 
Wednesday, August 31, 2022
Banking, Professional Services, Finance, Security (finance), COVID-19, NASDAQ, ESOP, Sale, Hudson City Bancorp, Depreciation, Clifton Bancorp, Inc., PSLRA, U.S. Securities and Exchange Commission, Company, PPP, Association, Annual report, Private Securities Litigation Reform Act, Income, Animal, Bank

For the year ended June 30, 2022, net interest income was $22.3 million, compared to $20.2 million for the year ended June 30, 2021.

Key Points: 
  • For the year ended June 30, 2022, net interest income was $22.3 million, compared to $20.2 million for the year ended June 30, 2021.
  • Interest income increased to $24.8 million for the year ended June 30, 2022, from $24.4 million for the year ended June 30, 2021.
  • Interest expense decreased to $2.5 million for the year ended June 30, 2022, from $4.2 million for the year ended June 30, 2021.
  • Non-interest income decreased to $5.5 million for the year ended June 30, 2022, from $6.3 million for the year ended June 30, 2021.

Jeffrey Zuendt Joins R&T® Deposit Solutions as SVP, Deposit Officer

Retrieved on: 
Tuesday, May 17, 2022
Senior, Treasury Department Federal Credit Union, Hudson City Bancorp, R, Investors Bank, Rider University, Multimedia, Bank, Insurance, Department of the Treasury, Private sector, Asset–liability mismatch, EVP, Business administration, LLC, Growth, Reich & Tang Deposit Networks, FDIC, RIAS, TBS, Security (finance)

NEW YORK, May 17, 2022 /PRNewswire/ --Reich & Tang Deposit Solutions, LLC (R&T), a leading liquidity and cash management solutions firm, announced today that Jeff Zuendt has joined the firm as Senior Vice President, Deposit Officer.

Key Points: 
  • NEW YORK, May 17, 2022 /PRNewswire/ --Reich & Tang Deposit Solutions, LLC (R&T), a leading liquidity and cash management solutions firm, announced today that Jeff Zuendt has joined the firm as Senior Vice President, Deposit Officer.
  • "R&T continues its growth strategy with key hires like industry expert, Jeff Zuendt"
    "R&T continues its growth strategy with key hires like industry expert, Jeff Zuendt," says Steve Genereau, EVP and Chief Deposit Officer at R&T.
  • Prior to joining R&T, Mr. Zuendt was Senior Vice President, Assistant Treasurer at Investors Bank.
  • Reich & Tang Deposit Networks, LLC provides deposit and liquidity solutions to financial intermediaries around the country.

IF Bancorp, Inc. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2021

Retrieved on: 
Tuesday, August 31, 2021
Banking, Professional Services, Finance, Company, ATM, Private Securities Litigation Reform Act, Annual report, COVID, Public Company Accounting Oversight Board, Growth, Hudson City Bancorp, U.S. Securities and Exchange Commission, Unemployment, Financial Accounting Standards Board, Coronavirus, Risk, SBA, Tax, Forgiveness, Paycheck Protection Program, Federal Reserve, Time, Finance, NASDAQ, Clifton Bancorp, Inc., FDIC, Sale, Association, COVID-19, Income, PPP, Security (finance), Animal, Bank, Financial services, Risk management, Ridesharing company, Credit

For the year ended June 30, 2021, net interest income was $20.2 million, compared to $18.3 million for the year ended June 30, 2020.

Key Points: 
  • For the year ended June 30, 2021, net interest income was $20.2 million, compared to $18.3 million for the year ended June 30, 2020.
  • Interest income decreased to $24.4 million for the year ended June 30, 2021, from $27.0 million for the year ended June 30, 2020.
  • Interest expense decreased to $4.2 million for the year ended June 30, 2021, from $8.7 million for the year ended June 30, 2020.
  • Non-interest income increased to $6.3 million for the year ended June 30, 2021, from $4.8 million for the year ended June 30, 2020.