Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), and First Merchants Corporation ("First Merchants Corp.") (NASDAQ:FRME), the parent company of First Merchants Bank ("First Merchants"), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related loans and deposits from First Merchants. The acquisition enhances Old Second's position as one of the largest banks headquartered in the Chicagoland area, and adds meaningfully to its existing branch network and in the Southeast Chicago market, allowing for improved scale and penetration.
Customers Bancorp Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Shareholders To Take Part
LOS ANGELES, CA / ACCESSWIRE / August 26, 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.
ConnectOne Bancorp: Preferred Shares Not Offering Attractive Yield
ConnectOne Bancorp has experienced growth since its founding nearly 20 years ago, with preferred shares rallying since the regional banking crisis. Financial results show a decreased net interest spread due to increased borrowing yields, but the net interest margin remains stable. Loan and deposit growth at CNOB has been stagnant, with potential risks including loan performance and the presence of uninsured deposits.
Forget New York Community Bancorp; Buy This Magnificent High-Yield Bank Stock Instead
New York Community Bancorp is working on a major business turnaround, including improving its internal controls. TD Bank is working to mend relations with U.S. regulators as it upgrades its internal controls.
The Schall Law Firm Has Launched An Inquiry Into Customers Bancorp For Securities Related Impropriety And Investors Are Invited To Join
LOS ANGELES, CA / ACCESSWIRE / August 25, 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.
The Schall Law Firm Has Opened An Inquiry Into Customers Bancorp's Possible Securities Fraud And Investors With Losses Can Contribute
LOS ANGELES, CA / ACCESSWIRE / August 24, 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.
Forget New York Community Bancorp: Billionaires Are Buying Up This Bank Stock Instead
When interest rates rose and banking became a more difficult business, New York Community Bancorp quickly found itself in need of a bailout. M&T Bank faced the same difficult conditions and hasn't skipped a beat.
Farmers & Merchants Bancorp: Historically Cheap For The Long-Term Investor
Farmers & Merchants Bancorp has been typically quiet since my last update in March, underperforming the broader regional bank space. Funding cost growth has picked up some steam here recently, leading to downward pressure on the bank's net interest margin and income. The bank's fundamentals remain intact, with an extremely attractive funding profile notwithstanding recent developments.
Customers Bancorp Is Being Investigated For Potential Securities Law Violations And Affected Stockholders Are Urged To Participate
LOS ANGELES, CA / ACCESSWIRE / August 23, 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.
United Bancorp, Inc. Increases its Third Quarter Cash Dividend Payment to $0.1775 per Share, which produces a Forward Yield of 5.7%
MARTINS FERRY, OH / ACCESSWIRE / August 22, 2024 / On August 21, 2024, the Board of Directors of United Bancorp, Inc. (NASDAQ:UBCP) declared a third quarter dividend payment of $0.1775 per share for shareholders of record on September 10, 2024 with a payment date of September 20, 2024. This is an increase of $0.01, or 6.0%, over the regular cash dividend paid in the third quarter of the previous year.
Investors With Losses In Customers Bancorp Inc Are Invited To Join An Investigation Into Possible Securities Fraud With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 22, 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.
Customers Bancorp Inc Shareholders Encouraged To Participate In A Securities Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 21, 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.
