STURGIS, MI / ACCESSWIRE / October 18, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today reported for the third quarter of 2024: Key Quarterly Highlights Net income was $1.5 million. Earnings per share of $0.72.
Fifth Third Bancorp (FITB) shares fell Friday as the Ohio-based bank posted a third-quarter profit drop as net interest income (NII) and noninterest income declined, and it put aside more money to cover bad loans.
Fifth Third Bancorp (NASDAQ:FITB ) Q3 2024 Results Conference Call October 18, 2024 9:00 AM ET Company Participants Matt Curoe - Director, IR Tim Spence - Chairman, CEO & President​ Bryan Preston - CFO Greg Schroeck - CCO Conference Call Participants Scott Siefers - Piper Sandler Gerard Cassidy - RBC Capital Markets Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Erika Najarian - UBS Manan Gosalia - Morgan Stanley Matt O'Connor - Deutsche Bank Christopher Marinac - Janney Montgomery Scott Operator Thank you for standing by. My name is Jael, and I will be your conference operator today.
STURGIS, MI / ACCESSWIRE / October 18, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable December 13, 2024, to stockholders of record at the close of business on November 15, 2024. This declaration continues the quarterly dividend at the highest level in the Company's history.
LOS ANGELES, CA / ACCESSWIRE / October 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Although the revenue and EPS for Fifth Third Bancorp (FITB) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fifth Third Bancorp (FITB) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.92 per share a year ago.
Fifth Third Bancorp reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential loan defaults, sending its shares down 3% in premarket trading.
Q3 2024 pre-tax and pre-provision income of $7.9 million. A New Record!
Total Assets Increased, Reflecting Continued Growth in Loan Portfolio; Net Interest Income and Non-Interest Income Both Higher DERBY, VT / ACCESSWIRE / October 17, 2024 / Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the third quarter ended September 30, 2024, of $3.1 million or $0.55 per share, a decrease of $248,258 or 7.38%, compared to $3.4 million or $0.61 per share for the third quarter of 2023.
Plumas Bancorp is a regional bank focused on commercial real estate in Northern California, Nevada, and Oregon. The bank showed sustained loan growth in Q3 2024 while EPS was impacted by a legal expense. The high exposure to net interest income is likely to result in lower profitability as the Fed cuts rates, partially offset by loan growth.
ANN ARBOR, MI / ACCESSWIRE / October 17, 2024 / University Bancorp, Inc. (OTCQB:UNIB) announced that it has issued to institutional investors $15 million in Senior Unsecured Notes (the "Notes"). The Notes mature January 31, 2030.