Industry News

City Holding Company Announces Second Quarter Results
Alimera Sciences, a leader in the research,..."/>
Alimera Sciences Pre-Announces Record Second Quarter 2016 Revenue
Veritex Holdings, Inc., the holding company for Veritex Community Bank, announced today the results for the quarter ended June 30, 2016. The Company reported net income of $3.2 million, or $0.29 diluted earnings per share, compared to $2.8 million, or $0.26 diluted EPS, for the quarter ended March 31, 2016 and $1.9 million, or $0.19 diluted EPS, for the quarter ended June 30, 2015.. Malcolm Holland, the Company’ s Chairman and Chief Executive Officer, said,“ I am excited..."/>
Veritex Holdings, Inc. Reports Second Quarter Financial Results
Home Bancorp, Inc., the parent company for Home Bank, N.A., reported net income of $4.0 million for the second quarter of 2016, an increase of $667,000, or 20%, compared to the first quarter of 2016 and an increase of $1.2 million, or 41%, compared to the second quarter of 2015. The second and first quarters of 2016 and the second quarter of 2015 include merger-related expenses, net of taxes, totaling $143,000, $398,000 and $232,000, respectively,..."/>
Home Bancorp Reports 2016 Second Quarter Results And Declares Quarterly Dividend
Ally Financial Inc. today reported its second quarter 2016 financial results. The news release, investor presentation and supplement can be accessed in the following ways:. Ally Financial Media Center at http://media.ally.com Ally Financial Investor Relations website at https://www.ally.com/about/investor/."/>
Ally Financial Reports Second Quarter 2016 Financial Results
T. Rowe Price Group, Inc. today reported its second quarter of 2016 results, including net revenues of $1.0 billion, net income of $195.3 million, and diluted earnings per common share of$. 76. As previously disclosed, the second quarter of 2016 results include a nonrecurring operating charge of $166.2 million related to the firm's decision to compensate certain clients in regard to the Dell appraisal rights matter. This nonrecurring charge..."/>
T. Rowe Price Group Reports Second Quarter 2016 Results
First National Bank Alaska disclosed on Tuesday that for the second quarter of 2016, it recorded a net income of USD10.1m or USD31.93 per share, down from the net income of USD9.1m or USD28.41 per share for the same quarter in 2015.. Net interest and loan fee income, after provision for loan losses, increased 6.4% on volume growth and yield improvements in earning assets. Non-interest income and expense increased 0.7% and 0.7%, respectively."/>
First National Bank Alaska reports higher net income for Q2 2016 year over year
Northwest Bancshares Inc on Monday reported that for the quarter ended 30 June 2016, it recorded a net loss of USD7.0m or USD0.07 per diluted share, a decrease of USD22.3m compared to the net income of USD15.3m or USD0.17 per diluted share in the same quarter last year. The company stated that earnings for the second quarter includes a USD37.0m penalty for the prepayment of USD715.0m of Federal Home Loan Bank term borrowings which were replaced with lower-cost short-term..."/>
Northwest Bancshares reports net loss for Q2 2016 compared to net income in Q2 2015 and announces dividend of USD0.15 per share
FirstEnergy Corp. $393 million, and maybe more, to shore up the utility's credit rating. The plan is the third proposal in a rate case that began nearly two years ago and started as a way for the Akron-based utility to subsidize a pair of unprofitable power plants. Under the third plan, submitted and recommended June 29 by the PUCO staff, a new "distribution..."/>
PUCO hears 3rd rate plan testimony [The Blade, Toledo, Ohio]
First Cash Financial Services, Inc. and Cash America International, Inc. today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the proposed business combination of First Cash and Cash America, has expired, concluding antitrust review of the transaction under the HSR Act and satisfying one of the important conditions to the closing of the pending transaction.."/>
First Cash and Cash America Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger; $400 Million Credit Facility to be Effective at Merger Closing
Colliers International Group Inc. today reported strong financial results for its second quarter ended June 30, 2016. All amounts are in US dollars. Revenues for the second quarter were $482.5 million, an 18% increase relative to the same quarter in the prior year and Adjusted EBITDA was $52.8 million, up 18%."/>
Colliers International reports strong financial results for second quarter
Allegiance Bancshares, Inc., the holding company of Allegiance Bank, reported net income attributable to common stockholders of $5.3 million in the second quarter 2016, a 45.0%..."/>
Allegiance Bancshares Reports Second Quarter 2016 Results
Capital City Bank Group, Inc. today reported net income of $3.9 million, or $0.22 per diluted share for the second quarter of 2016 compared to net income of $1.6 million, or $0.10 per diluted share for the first quarter of 2016, and $3.8 million, or $0.22 per diluted share, for the second quarter of 2015. For the first six months of 2016, net income totaled $5.6 million, or $0.32 per diluted share, compared to net income of $4.8 million, or $0.28 per diluted..."/>
Capital City Bank Group, Inc. Reports Second Quarter 2016 Results
Janus Capital Group Inc. today reported second quarter 2016 net income of $39.0 million, or $0.21 per diluted share, compared with first quarter 2016 net income of $35.1 million, or $0.19 per diluted share, and net income of $44.7 million, or $0.23 per diluted share, in the second quarter 2015.. Flows, Assets Under Management, and Exchange-Traded Products. Average assets under management during the second quarter 2016 were $189.3 billion compared with $180.2 billion during..."/>
Janus Capital Group Inc. Announces Second Quarter 2016 Results
Outerwall Inc on Monday revealed an agreement and plan of merger with affiliates of certain funds managed by affiliates of Apollo Global Management LLC, a global alternative investment manager. Pursuant to the agreement, the Apollo Funds will acquire all of the outstanding shares of the company's common stock for USD52.00 per share in cash, which reflects a premium of about 51% over its closing stock price on 14 March 2016. This was just before its board of directors initiated an..."/>
Outerwall signs merger agreement with Apollo Funds for USD1.6bn total enterprise value
Downtown Reading business looking up [Reading Eagle, Pa.]
Potlatch Corporation today reported a net loss of $31.3 million, or $0.77 per diluted share, on revenues of $141.5 million for the quarter ended June 30, 2016. Excluding the after-tax loss of $36.7 million on the previously announced sale of 172,000 acres in central Idaho, net income was $5.4 million, or $0.13 per diluted share, in the second quarter. Net income was $0.7 million, or $0.02 per diluted share, on revenues of $128.7 million in the second quarter of..."/>
Potlatch Corporation Reports Second Quarter 2016 Results
Flagstar Bancorp, Inc., the holding company for Flagstar Bank, FSB, today reported second quarter 2016 net income of $47 million, or $0.66 per diluted share, as compared to $39 million in the first quarter 2016, or $0.54 per diluted share, and net income of $46 million in the second quarter 2015, or $0.68 per diluted share. "We're happy to report another solid quarter," said Alessandro P. DiNello, president and chief executive officer of Flagstar Bancorp,..."/>
Flagstar Reports Second Quarter 2016 Net Income of $47 million, or $0.66 per Diluted Share

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