An investigating magistrate at the Spanish High Court said on Tuesday it had opened an investigation into U.S.-based short seller Gotham City's actions that brought down the share price of Spanish pharmaceutical firm Grifols in January.
MINNEAPOLIS, MN / ACCESSWIRE / November 12, 2024 / Mill City Ventures III, Ltd. (Nasdaq:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial results for the three-month and nine-month periods ended September 30, 2024.
Capital City Bank Group's Q3 results show stable net interest income and reduced loan loss provisions, leading to a net profit of $12.6M. The bank's balance sheet is strong with $4.2B in assets and a well-managed $2.68B loan book, primarily in residential real estate. Capital ratios are robust, with a CET1 ratio of 13.99%, supporting the bank's financial stability and future loan growth.
Marks and Spencer Group plc thoroughly surpassed market expectations with today's first-half results, with broker reactions responding in kind. Peel Hunt highlighted M&S' "material beat” at the profit-before-tax level, noting that both food and merchandise performed strongly.
Shares of Donald Trump's social media company rocketed up as much as 20% on the day after the Republican presidential nominee's campaign rally in New York City. DJT stock surpassed its recent peak in mid-summer, which followed Trump nearly getting assassinated at a rally in Pennsylvania.
City Holding Company excels in earnings stability, profitability, and operational efficiency, making it a standout in the banking industry. Despite rising deposit costs, CHCO maintains a strong deposit base and superior net interest margins compared to peers. CHCO boasts exceptional asset quality, low net charge-offs, and a robust capital structure, enhancing investor confidence.
City Holding (CHCO) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.98 per share a year ago.
Lloyds Banking Group PLC (LSE:LLOY) shares rose 1% after it posted quarterly profits that were some way better than the market predicted, especially considering how interest rates are starting to come down. The UK's largest lender has managed to use its 'structural hedge' to maintain a higher net interest margin (NIM) than the forecasts that were pencilled in, which is likely to lead some analysts to revise up their forecasts for the full year.
River City Bank Reports Net Income for Third Quarter of 2024 SACRAMENTO, CA / ACCESSWIRE / October 17, 2024 / River City Bank (the Bank) reported net income of $16.2 million, or $11.08 per diluted share, for the quarter ended September 30, 2024, compared to $16.3 million, or $10.94 per diluted share, for the same period in 2023. Net income was $52.1 million or $35.38 per diluted share for the nine months ended September 30, 2024, which compares favorably to the $43.6 million or $29.22 per diluted share for the nine months ended September 30, 2023.
MINNEAPOLIS, MN / ACCESSWIRE / October 16, 2024 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ:MCVT), a non-bank lender and specialty finance company, today announced the Company's Board of Directors has approved a stock repurchase program up to $2,000,000 for its common stock.
CP's third-quarter performance is expected to have been adversely impacted by elevated fuel costs.
City Holding (CHCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.