Industry News

Equity Commonwealth today reported its financial results for the quarter ended June 30, 2016. All per share results are reported on a diluted basis. Financial results for the quarter ended June 30, 2016."/>
Equity Commonwealth Reports Second Quarter 2016 Results
Digital Realty Trust, Inc., a leading global provider of data center, colocation and interconnection solutions, announced today financial results for the second quarter of 2016. All per share results are presented on a fully-diluted share and unit basis. Reported net income available to common stockholders per share of $0.19 in 2 Q16, compared to $0.86 in 2 Q15 Reported FFO per share of $1.36 in 2 Q16, compared to $1.26 in 2 Q15 Reported core FFO..."/>
Digital Realty Reports Second Quarter 2016 Results
Aflac Incorporated today reported its second quarter results. Reflecting the stronger yen/dollar exchange rate, total revenues rose 2.8% to $5.4 billion during the second quarter of 2016, compared with $5.3 billion in the second quarter of 2015. Net earnings were $548 million, or $1.32 per diluted share, compared with $573 million, or $1.32 per share, a year ago."/>
Aflac Incorporated Announces Second Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares Third Quarter Cash Dividend
United Security Bancshares, Inc. today reported net income of $0.5 million, or $0.07 per diluted share, for the quarter ended June 30, 2016 and $0.8 million, or $0.12 per diluted share, for the six months ended June 30, 2016. The results represent an increase of $0.02 per diluted share compared to the prior quarter and a decrease of $0.05 per diluted share compared to the second quarter of 2015.. Loan growth- Net loans increased $34.9 million during the..."/>
United Security Bancshares, Inc. Reports Second Quarter Results
Hampton Roads Bankshares, Inc., the holding company for The Bank of Hampton Roads, and Xenith Bankshares, Inc., the holding company for Xenith Bank, announced today that each company’ s shareholders have approved the proposed merger of XBKS and HRB and certain related matters at special meetings held today in Richmond by XBKS and Virginia Beach by HRB.. Upon the completion of the proposed transaction, XBKS will merge with and into HRB and..."/>
Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc. Shareholders Approve Merger
VORNADO REALTY TRUST announced today that its Board of Trustees has declared a regular quarterly dividend of $0.63 per share payable on August 19, 2016 to common shareholders of record on August 9, 2016.. Vornado Realty Trust is a fully-integrated equity real estate investment trust. Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such..."/>
Vornado Declares Quarterly $0.63 Dividend on Common Shares
Texas Pacific Land Trust:. This news release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the Trust's future operations and prospects, the markets for real estate in the areas in which the Trust owns real estate, applicable zoning regulations, the markets for oil and gas, production limits on prorated oil and gas wells authorized by the Railroad..."/>
Texas Pacific Land Trust Second Quarter Earnings Release (Unaudited)
Essex Property Trust, Inc. announced today its second quarter 2016 earnings results and related business activities. Net Income and Funds from Operations per diluted share for the quarter ended June 30, 2016 are detailed below. Core FFO excludes acquisition and investment related costs and certain non-routine items."/>
Essex Announces Second Quarter 2016 Results
WSFS Financial Corporation, the parent company of WSFS Bank, reported net income of $17.5 million, or $0.58 per diluted common share for the second quarter of 2016 compared to net income of $12.2 million, or $0.43 per share for the second quarter of 2015 and net income of $15.8 million, or $0.52 per share for the first quarter of 2016.. Results for the second quarter of 2016 reflect net revenues of $71.3 million, or an increase of $9.7 million, net interest..."/>
WSFS Reports EPS of $0.58, a 35% Increase Over the 2nd Quarter of 2015; and ROA of 1.23%, ROE of 11.6% and ROTCE of 14.0% for the 2nd Quarter of 2016; All Driven by Strong Growth in Revenue
Kite Realty Group Trust announced operating results for the second quarter ended June 30, 2016. The attached financial statements, exhibits and reconciliations of non-GAAP measures provide the details of these results. Net loss attributable to common shareholders was $1.9 million, or $0.02 per diluted common share, including $2.8 million of transaction costs. Funds From Operations, as adjusted, increased 6% compared to the same period in the prior year and was..."/>
Kite Realty Group Trust Reports Second Quarter Results
Hanover Insurance Group, Inc. today reported net income of $2.0 million, or $0.05 per diluted share, for the second quarter of 2016, which included a previously announced non-operating charge of $56.0 million, net of tax, on the retirement of debt. This compared to net income of $120.7 million, or $2.68 per diluted share, in the prior-year quarter, which included a non-operating gain of $40.3 million, net of tax, on the sale of the U.K. motor..."/>
The Hanover Reports Second Quarter Net Income of $0.05 per Diluted Share; Second Quarter Operating Income(1) of $1.24 per Diluted Share; Combined Ratio of 97.3%, including Catastrophe Impact of 4.5 points
Federated Investors, Inc., one of the nation's largest investment managers, today reported earnings per diluted share of $0.51 for Q2 2016, compared to $0.40 for the same quarter last year on net income of $52.7 million for Q2 2016, compared to $41.8 million for Q2 2015. Federated reported YTD 2016 EPS of $0.94, compared to $0.74 for the same period in 2015 on YTD 2016 net income of $98.2 million compared to $78.1 million for the same period last..."/>
Federated Investors, Inc. Reports Second Quarter 2016 Earnings
Enova International, a leading financial technology company offering consumer and small business loans and financing, today announced financial results for the quarter ended June 30, 2016.. "We are pleased to report another solid quarter, driven by continued growth in our core U.S. and U.K. businesses and the success of our new initiatives," said Enova's CEO David Fisher. "We saw the strong customer demand from Q1 carry over into Q2, and the quality of..."/>
Enova Announces Second Quarter 2016 Results
EHealth, Inc. Announces Second Quarter 2016 Results
Reinsurance Group of America, Incorporated, a leading global provider of life reinsurance, reported net income of $236.1 million, or $3.64 per diluted share, compared with $130.4 million, or $1.94 per diluted share, in the..."/>
Reinsurance Group of America Reports Second-Quarter Results
Camden Property Trust today announced operating results for the three and six months ended June 30, 2016. Funds from Operations, Adjusted Funds from Operations, and Net Income Attributable to Common Shareholders for the three and six months ended June 30, 2016 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release."/>
Camden Property Trust Announces Second Quarter 2016 Operating Results
HCP Declares Quarterly Cash Dividend on Common Stock
Valero Energy Corporation announced today that H. Paulett Eberhart and Kimberly S. Greene have been elected to the company’ s board of directors.. Eberhart is Chair and CEO of HMS Ventures, a privately held business involved with technology services and the acquisition and management of real estate. Greene is Executive Vice President and Chief Operating Officer of Southern Company, a leading U.S energy company, serving 9 million electric and gas utility..."/>
Valero Energy Board of Directors Elects New Members
Macatawa Bank Corporation today announced its results for the second quarter of 2016, reflecting continued improvement in financial performance. Net income of $3.7 million in second quarter 2016, up 16% from $3.2 million in second quarter 2015 Total loans up $81.8 million, or 7%, since second quarter 2015 Net interest income increase of $763,000 aided by growth in loans Past due loans remained at very low levels- only 0.08% of total loans at end of..."/>
Macatawa Bank Corporation Reports Second Quarter 2016 Results
Midland States Bancorp, Inc. today reported net income of $6.8 million, or $0.50 diluted earnings per share, for the..."/>
Midland States Bancorp, Inc. Announces 2016 Second Quarter Results
Universal Insurance Holdings, Inc. today reported record quarterly net income of $33.6 million, an increase of 36.2%, or $8.9 million, over the same quarter in 2015. Diluted earnings per share were $0.94 for the second quarter of 2016, an increase of 36.2%, or $0.25 per share, over the same quarter in 2015.. "Our record second quarter results reflect the strength of our integrated business model and consistent operational execution..."/>
Universal Insurance Holdings, Inc. Reports Record Financial Results for the Second Quarter of 2016

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