Industry News

FNB Bancorp, parent company of First National Bank of Northern California, today announced net earnings available to common shareholders for the second quarter of 2016 of $2,448,000 or $0.52 per diluted share, compared to net earnings available to common shareholders of $2,071,000 or $0.45 per diluted share for the second quarter of 2015.. The second quarter of 2016 operating results, when compared to the same period a year ago, were positively..."/>
First National Bank of Northern California Reports Second Quarter 2016 Earnings of $0.52 per Diluted Share
United Fire Group, Inc. announced today that the second quarter 2016 results are expected to include estimated pretax catastrophe losses of approximately $34 million to $37 million.. “Catastrophe losses for the second quarter are estimated to add approximately 15 to 16 percentage points to the GAAP combined ratio. Our 10- year historical average for the second quarter is 10.3 percentage points of the GAAP combined ratio,” stated Randy A. Ramlo,..."/>
United Fire Group, Inc. Reports Estimate for Second Quarter 2016 Results
Information Services Corporation advises that it will release its financial results for the second quarter ended June 30, 2016 on Tuesday, August 9, 2016 after market close. ISC's Consolidated Financial Statements and Management's Discussion and Analysis for the quarter ended June 30, 2016 will be available on SEDAR at www.sedar.com and our website at http://isc.mwnewsroom.com/. An investor conference call will be held on Wednesday, August..."/>
ISC to Release 2016 Second Quarter Financial Results on August 9, 2016 Followed by Conference Call on August 10, 2016
Canadian Apartment Properties Real Estate Investment Trust announced today it has completed the sale of a building containing 145 mid-tier suites located at 1150 and 1160 Sherbrooke Street East in Montreal, Quebec for $24.8 million and includes the assumption by the purchaser of approximately $12.1 million in mortgage debt. The net proceeds from the sale were used to repay the Acquisition and Operating Facility. "We believe we had maximized the..."/>
CAPREIT Sells Montreal Property
Home BancShares, Inc., parent company of Centennial Bank, announced today that its wholly owned subsidiary, Centennial Bank, has entered into agreements with the Federal Deposit Insurance Corporation. that terminate the bank's loss share agreements with the FDIC. The loss share agreements were related to the bank's acquisition of assets and assumption of liabilities of six failed banks through FDIC-assisted transactions in 2010.."/>
Home BancShares, Inc. Announces Early Termination of All FDIC Loss Share Agreements
Eagle Bancorp Montana, Inc.,, the holding company of Opportunity Bank of Montana, today reported that its Board of Directors determined that the Company had incorrectly reported interest income for the quarter ended March 31, 2016, included in the Company’ s quarterly report for the first quarter of 2016. As a result, the Board concluded that the Company will restate the unaudited condensed consolidated financial statements for the quarter ended March..."/>
Eagle Bancorp Montana Revises First Quarter 2016 Results
Sunshine Bancorp, Inc., the holding company for Sunshine Bank, has released its unaudited financial results for the second quarter 2016.. Net income for the three months ended June 30, 2016 was $73,000 compared to net income of $154,000 for the three months ended March 31, 2016 and compared to a net loss of $151,000 for the three months ended June 30, 2015. Net income for the six months ended June 30, 2016 was $227,000 compared to a net loss of $504,000 during the six..."/>
Sunshine Bancorp, Inc. Reports Second Quarter 2016 Financial Results
First Savings Financial Group, Inc., the holding company for First Savings Bank, today reported net income and net income available to common shareholders of $2.2 million, or $0.97 per diluted share, for the quarter ended June 30, 2016 compared to net income and net income available to common shareholders of $2.2 million, or $0.95 per diluted share, for the quarter ended June 30, 2015.. During the quarter ended June 30, 2016, the Company recognized $4.8..."/>
First Savings Financial Group, Inc. Reports 2016 Third Quarter Financial Results
Principal Financial Group ® announced today that Scott M. Mills, executive vice president and chief administrative officer of Viacom, Inc., has been elected to the Principal ® Board of Directors, effective July 27, 2016.. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160727006566/en/."/>
Principal Financial Group Names Scott Mills to Board of Directors
Investors Bancorp, Inc., the holding company for Investors Bank, reported net income of $44.4 million, or $0.15 per diluted share, for the three months ended June 30, 2016, compared to $43.6 million, or $0.14 per diluted share for the three months ended March 31, 2016, and $46.4 million, or $0.14 per diluted share for the three months ended June 30, 2015.. For the six months ended June 30, 2016, net income totaled $88.0 million, or $0.29 per..."/>
Investors Bancorp, Inc. Announces Second Quarter Financial Results and Cash Dividend
Southside Bancshares, Inc. will be making a presentation at the KBW Community Bank Investor Conference in New York City, NY, on Tuesday, August 2, 2016, at approximately 8:30 a.m. ET. Sam Dawson, CEO and Lee R. Gibson, President will discuss the Company’ s recent operational and financial results and its strategic direction.. The presentation will be available and can be accessed at https://www.southside.com/about/investor-relations at approximately..."/>
Southside Bancshares, Inc. to Present at 2016 KBW Community Bank Investor Conference
Severn Bancorp, Inc.,, parent company of Severn Bank, today announced net income of $12,475,000 or $1.02 per diluted share for the second quarter of 2016 compared to a net income of $1,365,000 or$. 08 per diluted share for the second quarter of 2015. Earnings for the second quarter also increased compared to net income of $907,000 or$. 03 per diluted share for the first quarter of 2016. Year to date earnings increased to $13,382,000 or $1.12 per..."/>
Severn Bancorp, Inc. Announces Second Quarter Net Income and Reversal of Net Deferred Tax Asset Valuation Allowance
Horace Mann Educators Corporation today reported financial results for the three and six months ended June 30, 2016:. ----------------------------------------------------------------------------Horace Mann Financial Highlights---------------------------------------------------------------------------- Three months ended Six months ended June 30,..."/>
Horace Mann Reports Second Quarter 2016 Net Income per Share of $0.29; Operating EPS of $0.25
Astoria Financial Corporation, the holding company for Astoria Bank today reported net income available to common shareholders of $16.1 million, or $0.16 diluted earnings per common share, for the quarter ended June 30, 2016, compared to net income available to common shareholders of $29.2 million, or $0.29 diluted EPS, for the quarter ended June 30, 2015. For the six months ended June 30, 2016, net income available to common..."/>
Astoria Financial Corporation Reports 2016 Second Quarter Earnings Per Common Share Of $0.16
Aflac, the leading provider of voluntary insurance at the worksite in the United States, announced today that it ranked No. 1 as the "go-to supplemental sales partner" in a new survey of insurance benefits brokers conducted by Employee Benefit Adviser Magazine. Aflac came out on top as the voluntary insurance company with which they most preferred to conduct business. The survey took place over a 2.5- week period in June 2016, resulting in a list..."/>
Survey Says Aflac is Top Choice for Benefits Brokers
Markel Corporation announced today it will hold a conference call on Wednesday, August 3, 2016 beginning at 9:30 am to discuss quarterly results and business developments. Any person interested in listening to the call should contact Markel's Investor Relations Department at 804-747-0136. Investors, analysts and the general public also may listen to the call free over the Internet through the Company's website, www.markelcorp.com."/>
Markel Announces Conference Call Date And Time
Xenith Bankshares, Inc., parent company of Xenith Bank, a business-focused bank serving the Greater Washington, D.C., Richmond and Greater Hampton Roads, Virginia markets, today announced financial results for the three and six months ended June 30, 2016.. Xenith Bankshares reported net income of $910 thousand, or $0.07 per diluted common share, for the second quarter of 2016 compared to $823 thousand, or $0.06 per diluted common share, in the second quarter..."/>
Xenith Bankshares, Inc. Reports Second Quarter and First Half 2016 Results
Live Oak Bancshares, Inc. today reported second quarter net earnings available to common shareholders of $123 thousand, or $0.00 per diluted share, compared to $3.9 million, or $0.13 per diluted share for the second quarter of 2015. The second quarter of 2016 included an incremental loan loss provision of $4.0 million, or $0.07 per diluted share, related to a strategic reclassification of $318.8 million in unguaranteed loans from held for sale to held..."/>
Live Oak Bancshares, Inc. Reports Second Quarter 2016 Results
Consumer Portfolio Services, Inc. today announced earnings of $7.3 million, or $0.25 per diluted share, for its second quarter ended June 30, 2016. This compares to net income of $8.5 million, or $0.27 per diluted share, in the second quarter of..."/>
CPS Announces Second Quarter 2016 Earnings
BancorpSouth, Inc. declared a quarterly cash dividend of $0.125 per common share, which represents an increase of $0.025 per common share, or 25 percent, compared to its most recent dividend of $0.10 paid on July 1, 2016. The dividend is payable October 3, 2016 to shareholders of record at the close of business on September 15, 2016.. BancorpSouth earlier reported financial..."/>
BancorpSouth, Inc. Announces Increase in Quarterly Dividend to $0.125 per Common Share

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