Industry News

HomeStreet, Inc., the parent company of HomeStreet Bank, today announced net income of $21.7 million, or $0.87 per diluted share, for the second quarter of 2016, compared with net income of $6.4 million, or $0.27 per diluted share, for the first quarter of 2016 and $12.4 million, or $0.56 per diluted share, for the second quarter of 2015."/>
HomeStreet, Inc. Reports Second Quarter 2016 Results
First Bank today announced second quarter and year to date 2016 results. Net income for the quarter was $1.4 million or $0.15 per diluted share, compared to $748 thousand or $0.08 per diluted share for the second quarter of 2015, an..."/>
First Bank Reports Second Quarter 2016 Net Income of $1.4 Million, up 92.9% From 2015
JMP Group LLC, an investment banking and alternative asset management firm, announced today that the company will report financial results for the quarter ended June 30, 2016, after market close on Wednesday, July 27, 2016.. Company management will hold a conference call to discuss the results on Thursday, July 28, 2016, at 10:00 a.m."/>
JMP Group to Report Second Quarter Financial Results on July 27, 2016
Community Bankers Trust Corporation, the holding company for Essex Bank, announced today that it will release its financial results for the second quarter of 2016 on Friday, July 29, 2016, before the market opens. The Company will host a conference call for interested parties on Friday, July 29, 2016, at 10:00 a.m. Eastern Time to discuss the second quarter 2016 results. The public is invited to listen to this conference call by dialing..."/>
Community Bankers Trust Corporation Announces Timing of Earnings Release and Conference Call
Credit Acceptance Corporation announced today that we expect to issue a news release with our second quarter 2016 earnings on Friday, July 29, 2016, after the market closes. A webcast is scheduled for Friday, July 29, 2016, at 5:00 p.m. Eastern Time to discuss second quarter 2016 results. The webcast can be accessed live by visiting the“ Investor Relations” section of our website at creditacceptance.com or by dialing 877-303-2904...."/>
Credit Acceptance Announces Timing of Second Quarter 2016 Earnings Release and Webcast
LPL Financial at Mountain America Credit Union. Bryan brings 28 years of experience to the wealth management team and will serve members at the River Road and Sunset branches in St. George, Utah, as well as the branches in Mesquite and Las Vegas, Nevada."/>
Mountain America Welcomes New Wealth Advisor
Artisan Partners Asset Management Inc. today reported its results for the three and six months ended June 30, 2016, including net income and earnings per share. The full June quarter 2016 earnings release and investor presentation can be viewed at www.apam.com.. The Company will host a conference call on July 26th, at 11:00 a.m. to discuss these results."/>
Artisan Partners Asset Management Inc. Reports 2Q16 Results
AvalonBay Communities, Inc. reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2016 was $197,444,000. This resulted in an increase in Earnings per Share– diluted of 11.6% to $1.44 for the three months ended June 30, 2016, from $1.29 for the prior year period. Funds from Operations attributable to common stockholders- diluted per share for the three months ended June 30, 2016 decreased 8.7% to $1.99 from $2.18..."/>
AvalonBay Communities, Inc. Announces Second Quarter 2016 Operating Results and Updates Full Year 2016 Financial Outlook
Berkshire Hills Bancorp, Inc. reported second quarter GAAP earnings of $0.52 per share in 2016 compared to $0.35 in 2015. Core earnings increased to $0.54 per share from $0.51 for these respective periods. Results increased due to expanded operations and improved profitability."/>
Berkshire Hills Reports Second Quarter Results and Declares Dividend
Everest Re Group, Ltd. today reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common share, for the second quarter of 2015. After-tax operating income 1, excluding realized capital gains and losses, was $134.2 million, or $3.17 per diluted common share, for the second quarter of 2016, compared to after-tax operating income 1 of $224.5 million, or $5.03 per..."/>
Everest Re Group Reports Second Quarter 2016 Results; 8% Growth in Premium; 95% Combined Ratio
PHH Corporation announced today plans to release its second quarter 2016 results on Monday, August 8, 2016, after the market closes. The Company will host a conference call at 10:00 a.m. on Tuesday, August 9, 2016, to discuss its second quarter 2016 results. All interested parties are welcome to participate."/>
PHH Corporation Announces Second Quarter 2016 Earnings Release and Conference Call Schedule
Everest Re Group, Ltd. announced today that it has signed a Letter of Intent for the sale of its U.S. crop insurance company, Heartland Crop Insurance, Inc., to CGB Diversified Services, Inc.. Upon completion of the sale, Everest will enter into a strategic long term reinsurance relationship with CGB DS, to provide quota share reinsurance capacity on the combined crop insurance portfolio of the Diversified/Heartland companies. CGB Diversified Services, Inc. is..."/>
Everest Re Group Announces Strategic Alliance with CGB Diversified Services And the Related Sale of its Crop Insurance Company, Heartland
Gladstone Investment Corporation announces the following event:. A conference call replay will be available after the call and will be accessible through September 2, 2016. To hear the replay, please dial 859-2056 and use playback conference number 29797470.."/>
Gladstone Investment Corporation Earnings Call and Webcast Information
Auburn National Bancorporation, Inc. reported net earnings of $1.9 million, or $0.53 per share, for the second quarter of 2016,..."/>
Auburn National Bancorporation, Inc. Reports Second Quarter Net Earnings
NBT Bancorp Inc. reported net income for the three months ended June 30, 2016 was $19.9 million, up from $18.9 million for the first quarter of 2016, and up from $19.3 million for the second quarter of 2015. Diluted earnings per share for the three months ended June 30, 2016 was $0.46, as compared with $0.43 for the prior quarter, and $0.43 per share for the second quarter of 2015.. Net income for the six months ended June 30, 2016 was $38.8 million, up from $37.4..."/>
NBT Bancorp Inc. Announces Net Income of $19.9 Million for the Second Quarter of 2016; Announces 4.5% Dividend Increase
Triangle Capital Corporation today announced the commencement of an underwritten public offering of 6,250,000 shares of common stock. The Company also plans to grant the underwriters a 30- day option to purchase up to an additional 937,500 shares of its common stock.. The Company intends to invest the net proceeds of this public offering in lower middle market companies in accordance with its investment objective and strategies, and for working..."/>
Triangle Capital Corporation Announces Commencement of Public Offering of Common Stock
Gladstone Commercial Corporation today reported financial results for the second quarter ended June 30, 2016. A description of funds from operations, or FFO, and Core FFO, both non-GAAP financial measures, are located at the end of this press release. All per share references are to fully-diluted weighted average shares of common stock, unless otherwise noted."/>
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2016
Anchor Bancorp, the holding company for Anchor Bank, today announced that it has engaged Keefe Bruyette& Woods, a leading investment banking firm, to assist it in identifying and evaluating various strategic options and operating scenarios intended to maximize shareholder value, including the potential sale or merger of the Company.. Jerald L. Shaw, President and Chief Executive Officer of the Company, commented,“ Following a detailed evaluation over the..."/>
Anchor Bancorp Retains Investment Banking Firm to Pursue Strategic Alternatives
J.P. Morgan Named Depositary Bank by LINE Corp.
Brixmor Property Group Inc. announced today its operating results for the three months ended June 30, 2016. Net income attributable to common stockholders was $0.21 per diluted share compared with $0.18 per diluted share in the comparable 2015 period. Key highlights for the quarter include:."/>
Brixmor Property Group Reports Second Quarter 2016 Results
Washington Trust Bancorp, Inc., parent company of The Washington Trust Company, today announced net income of $11.1 million, or $0.64 per diluted share, for the second quarter of 2016, compared to net income of $10.9 million, or $0.64 per diluted share, reported for the first quarter of 2016.. "Washington Trust posted solid second quarter earnings in a challenging economic environment," stated Joseph J. MarcAurele, Washington Trust Chairman and CEO."/>
Washington Trust Reports Second Quarter 2016 Earnings
Pebblebrook Hotel Trust today reported results for the second quarter ended June 30, 2016. The Company’ s results include the following:."/>
Pebblebrook Hotel Trust Reports Second Quarter 2016 Results

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