Industry News

Independence Realty Trust, Inc. today announced that it expects to release its second quarter 2016 financial results before U.S. stock markets open on Wednesday, August 3, 2016 and invites investors and other interested parties to listen to its quarterly results conference call on Wednesday, August 3, 2016 at 9:00 a.m. Eastern time. All interested parties can access the live conference call webcast from the investor relations section of the IRT website at..."/>
Independence Realty Trust Schedules Second Quarter 2016 Financial Results Release Date and Conference Call
East West Bancorp, Inc., parent company of East West Bank, the financial bridge between the United States and Greater China, today reported its financial results for the second quarter of 2016. For the second quarter of 2016, net income was $103.3 million or $0.71 per diluted share. “East West is pleased to report strong earnings of $103.3 million or $0.71 per diluted share for the second quarter of 2016, an increase in diluted earnings per share of $0.03 or 4% from..."/>
East West Bancorp Reports Net Income for Second Quarter 2016 of $103.3 Million, up 5% from Prior Year Quarter and Diluted Earnings Per Share of $0.71, up 4% from Prior Year Quarter
Brookline Bancorp, Inc. today announced net income of $12.7 million, or $0.18 per basic and diluted share, for the second quarter of 2016, compared to $11.9 million, or $0.17 per basic and diluted share, for the second quarter of 2015.. Paul Perrault, President and Chief Executive Officer of the Company, stated: "We have delivered another solid quarter for our stockholders with strong loan and deposit growth. I am proud of our employees who work together..."/>
Brookline Bancorp Announces Second Quarter Results
SmartREIT Declares Distribution for July 2016
Hancock reports second quarter 2016 E.P.S. of $.59
Capital Southwest Corporation announced today that it will release its first quarter 2017 results on Monday, August 8, 2016, after the market closes. In conjunction with the release, Capital Southwest has scheduled a conference call, which will be broadcast live via phone and over the Internet, on Tuesday, August 9, 2016, at 11:00 a.m. Eastern time. Investors may participate either by phone or audio webcast.."/>
Capital Southwest Announces First Quarter Fiscal Year 2017 Earnings Release and Conference Call Schedule
Aston Hill Asset Management Inc. Declares Distributions
First Connecticut Bancorp, Inc., the holding company for Farmington Bank, reported net income of $3.6 million, or $0.24 diluted earnings per share for the quarter ended June 30, 2016 compared to net income of $3.5 million, or $0.23 diluted earnings per share for the quarter ended June 30, 2015.. Net income on a core earnings basis was $3.4 million, or $0.22 diluted core earnings per share for the quarter ended June 30, 2016 compared to $2.8 million, or..."/>
First Connecticut Bancorp, Inc. reports second quarter 2016 earnings of $0.24 earnings per share
Codorus Valley Bancorp, Inc., parent company of PeoplesBank, a Codorus Valley Company, today announced net income available to common shareholders of $3.0 million or $0.38 per share basic and diluted, for the quarter ended June 30, 2016, as compared to earnings of $2.9 million or $0.47 per share basic and $0.46 per share diluted, for the second quarter of 2015. For the first six months of 2016, earnings were $5.8 million or $0.73 per share basic and..."/>
Codorus Valley Bancorp, Inc. Reports Second Quarter 2016 Earnings
HomeTrust Bancshares, Inc., the holding company for HomeTrust Bank, announced today that the Bank has hired David Carpenter as SVP, Commercial Relationship Manager in the bank’ s upstate South Carolina region.. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/960f40ab-b1e2-470f-8fb4-53bbf74446f8. “Over the past nineteen years, David has successfully served middle market..."/>
David Carpenter Joins HomeTrust Bank as SVP, Commercial Relationship Manager, Upstate South Carolina Market
Empire State Realty Trust, Inc., a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, announces that it has renewed and extended its lease and licenses with Emmis Communications at the Empire State Building. Emmis operates three FM radio stations from atop the Empire State Building, which they have called home since 1984. The agreement with three Emmis owned FM radio stations..."/>
Empire State Realty Trust Renews Lease with Emmis Communications
Financial Institutions, Inc., has introduced a new organizational structure designed to further accelerate its momentum serving communities across Western New York.. William Kreienberg, Executive Vice President, has been named Chief Administrative Officer in addition to his existing role of General Counsel and Chief Risk Officer for Five Star..."/>
Financial Institutions, Inc. Announces New, Growth-Centered Executive Structure for Five Star Bank
Pacific Continental Corporation, the holding company of Pacific Continental Bank, today reported financial results for the second quarter ended June 30, 2016.. Total assets surpassed $2.0 billion for the first time. Record quarterly loan growth of $54.8 million. Announced agreement on April 27, 2016 to acquire Foundation Bank, a $422 million bank in Bellevue, WA. Tax-equivalent net interest margin of 4.27%, compared to 4.27% for the first..."/>
Pacific Continental Corporation Reports Second Quarter Results
Pacific Continental Corporation, the holding company of Pacific Continental Bank, today announced that its board of directors approved a regular cash dividend of $0.11 per share. The dividend is payable August 16, to shareholders of record as of August 2.. "Pacific Continental posted positive results this quarter and reached the important milestone of exceeding $2 billion in total assets," said Roger Busse, president and chief executive..."/>
Pacific Continental Corporation Declares Regular Dividend
Consolidated-Tomoka Land Co. today announced that Minto Communities, an award-winning homebuilder and developer has contracted for an additional approximately 1,686 acre tract adjacent to the north of their current 1,586 acre site under contract, at a similar per acre price as their first contract. This new contract parcel fronts SR 40 on the west side of Interstate 95. The planned Minto community is slated to be age restricted, targeting adults 55 and..."/>
Consolidated Tomoka Announces an Additional 1,686 Acre Land Contract with Minto Communities, for an Age Restricted Master Planned Community in Daytona Beach, Florida
Cathay General Bancorp, the holding company for Cathay Bank, today announced net income of $34.8 million, or $0.44 per share, for the second quarter of 2016.. On July 8, 2016, we signed a Stock Purchase Agreement to acquire SinoPac Bancorp, the U.S. holding company for Far East National Bank, for $340 million subject to certain adjustments.. "We are very excited about the transaction to acquire Far East National Bank and the additional scale it adds..."/>
Cathay General Bancorp Announces Second Quarter 2016 Results
Sabra Health Care REIT, Inc. announced today that it will issue its 2016 second quarter earnings release after close of market on August 1, 2016.. A conference call with a simultaneous webcast to discuss the 2016 second quarter earnings will be held on Tuesday, August 2 at 10:00 a.m. Pacific Time. The dial in number for the conference call is 888-466-4462 and the participant code is SABRA."/>
Sabra Health Care REIT, Inc. Announces Second Quarter 2016 Earnings Release Date and Conference Call
BancorpSouth, Inc. today announced financial results for the quarter ended June 30, 2016.. Highlights for the second quarter of 2016 included:. Net income of $34.7 million, or $0.37 per diluted share. Generated net loan growth of $131.3 million, or 5.1 percent on an annualized basis. Reached a settlement with the Consumer Financial Protection Bureau and the U.S."/>
BancorpSouth Announces Second Quarter 2016 Financial Results
Citigroup Inc. today declared a quarterly dividend on Citigroup’ s common stock of $0.16 per share, payable on August 26, 2016 to stockholders of record on August 1, 2016.. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services,..."/>
Citigroup Declares Common Stock Dividend
TriState Capital Holdings, Inc. grew earnings per share to $0.24 in the second quarter of 2016, with EPS increasing 20.0% from the second quarter of 2015 and 14.3% from the first quarter of 2016, driven by record non-interest income, continued double-digit growth of loans, and strong credit quality. Net income for the parent company of TriState Capital Bank and Chartwell Investment Partners was $6.8 million in the second quarter of 2016, increasing 18.2% from $5.7..."/>
TriState Capital Reports Second Quarter 2016 Financial Results
TCF Financial Corporation today declared quarterly cash dividends on TCF’ s common shares, 7.50% Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B Non-Cumulative Perpetual Preferred Stock. A quarterly cash dividend of $0.075 per common share is payable on September 1, 2016 to stockholders of record at the close of business on August 15, 2016. At June 30, 2016, there were 171.0 million common shares outstanding..."/>
TCF Declares Quarterly Cash Dividends

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