Industry News

GWG Holdings, Inc., a specialty finance company and a leading purchaser in the life insurance secondary market, announced GWG Life, LLC, the subsidiary company that purchases life insurance policies, has been granted licenses in Montana and New Hampshire.. The licenses enable GWG Life to purchase life insurance from seniors in Montana and New Hampshire who no longer need, want, or can afford their policies. The company holds similar licenses in 36 of the 42..."/>
GWG Life, LLC Granted Provider Licenses in Montana and New Hampshire
West Bancorporation, Inc., parent company of West Bank, is pleased to report that second quarter 2016 net income was $5.5 million, or $0.34 per diluted common share. This is the highest net income ever recorded by the Company for the second quarter of any year. This compares to second quarter 2015 net income of $5.3 million, or $0.33 per diluted common share."/>
West Bancorporation, Inc. Announces Second Quarter Record Net Income, Declares Quarterly Dividend
BofI Holding, Inc., parent company of BofI Federal Bank, announced that BofI has been recognized as one of the top performing banks in Bank Director’ s 2016 Bank Performance Scorecard. BofI placed 3 rd out of 102 banks and thrifts traded on the NASDAQ OMX and NYSE exchanges with assets between $5 and $50 billion."/>
BofI Holding, Inc. Ranked in Top-5 by Bank Director for Second Consecutive Year
Fidelity D&D Bancorp second-quarter earnings increase 8 percent over the year-ago quarter to $1.9. Loan demand helped the company also grow its assets $27.1 million, an increase of 4 percent for the first half of the year."/>
BRIEF: Fidelity earnings up 8 percent [The Times-Tribune, Scranton, Pa.]
Banco Bradesco 1Q16 Results
Home Capital Group Inc. has approved the payment of a quarterly dividend of 24.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of 96.0 cents per share. The dividend is payable on September 1, 2016 to shareholders of record at the close of business on August 15, 2016.. The above-mentioned dividend on the Common Shares is designated as an "eligible" dividend for the purposes..."/>
Home Capital Group Inc. announces dividend
Winthrop Realty Trust, which is liquidating and winding down pursuant to a plan of liquidation, announced today its financial and operating results for the second quarter ended June 30, 2016.. Shareholders are reminded that the last day of trading of the Company’ s common shares of beneficial interest on the New York Stock Exchange will be Monday, August 1, 2016 and that on August 5, 2016 the Company will transfer all of its remaining assets into a liquidating..."/>
Winthrop Realty Trust Announces Results for Second Quarter 2016
Piper Jaffray Companies today announced its financial results for the quarter ended June 30, 2016.. “Execution on our growth strategies highlighted by strong performance in areas of targeted investment, particularly Public Finance and Fixed Income, delivered improved results on a more balanced business mix for the quarter,” said Andrew S. Duff, Chairman and CEO of Piper Jaffray.“ A detailed review of our cost base, which has expanded due to growth investments, is..."/>
Piper Jaffray Companies Announces 2016 Second Quarter Results
InterRent Real Estate Investment Trust today reported financial results for the second quarter ended June 30, 2016. Highlights-- Gross rental revenue for the quarter increased by $4.5 million, or 21.8%, over Q2 2015.-- Gross rental revenue from the stabilized portfolio was $16.2 million for the quarter, an increase of 3.9%, over Q2 2015.-- Average monthly rent per suite for the entire..."/>
InterRent REIT Results for the Second Quarter of 2016
Suffolk Bancorp Reports Second Quarter 2016 Results
M&T Bank Corporation announced today that Doris P. Meister will join the company's Management Group as an Executive Vice President, effective August 15, 2016, and will head its Wilmington Trust wealth management businesses. Meister comes to Wilmington Trust from BNY Mellon, where she served since 2009 as President of U.S. Markets for BNY Wealth Management."/>
Doris P. Meister joins M&T Management Group, to head Wilmington Trust wealth unit
Janus Capital Group, Inc. today announced it has filed a registration statement with the Securities and Exchange Commission for an actively managed fixed-income exchange traded fund– the Janus Short Duration Income ETF.. The Short Duration Income ETF represents an expansion of Janus’ global macro fixed income lineup, continuing the firm’ s strategy of intelligent diversification to offer best-in-class investment alternatives. This ETF will complement..."/>
Janus to Offer Actively Managed Short Duration Bond ETF
BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, today reported financial results for the quarter ended June 30, 2016.. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors& Media" section under either "Investor Relations" or "BGC Press..."/>
BGC Partners Reports Second Quarter 2016 Financial Results
Central Pacific Financial Corp.,, today reported net income for the second quarter of 2016 of $12.1 million, or $0.39 per diluted share, compared to net income in the second quarter of 2015 of $12.3 million, or $0.39 per diluted share, and net income in the first quarter of 2016 of $11.2 million, or $0.35 per diluted share. "We continued to realize solid core earnings for the quarter, primarily driven by the strong growth in our loan portfolio," said..."/>
Central Pacific Financial Corp. Reports $12.1 Million Second Quarter Earnings And Increases Quarterly Dividend
Columbia Banking System and Columbia Bank, said today upon the release of Columbia's second quarter 2016 earnings, "The second quarter of the year has traditionally been a strong quarter for us and it was again this year. Our bankers continue their impressive level of loan production, our nonperforming assets to total assets remains well below our peers, and the results of our expense..."/>
Columbia Banking System Announces Second Quarter 2016 Results
Bridge Bancorp, Inc., the parent company of The Bridgehampton National Bank, today announced second quarter results for 2016. Highlights of the Company's financial results for the quarter include:. Net income of $8.9 million, an increase of $8.4 million over 2015, and$. 50 per diluted share. Returns on average assets and equity were. 91% and 10.07%, respectively. Core net income was $9.1 million and$. 52 per diluted share, an increase of 69% over 2015. Core..."/>
Bridge Bancorp, Inc. Reports Second Quarter 2016 Results
Independent Bank Corporation reported second quarter 2016 net income of $6.4 million, or $0.30 per diluted share, versus net income of $5.6 million, or $0.24 per diluted share, in the prior-year period. For the six months ended June 30, 2016, the Company reported net income of $10.5 million, or $0.48 per diluted share, compared to net income of $9.4 million, or $0.40 per diluted share, in the prior-year period.. Second quarter 2016 highlights include:."/>
Independent Bank Corporation Reports 2016 Second Quarter Results
Columbia Banking System, Inc. announced today that a quarterly cash dividend of $0.20 per common share, and per common share equivalent for holders of preferred stock, will be paid on August 24, 2016 to shareholders of record as of the close of business on August 10, 2016. This is a 5% increase from the $0.19 regular cash dividend paid during the second quarter 2016 and an 11% increase from the $0.18 paid during the first quarter 2016.."/>
Columbia Banking System Announces Increased Regular Cash Dividend of $0.20 and Declares Special Cash Dividend of $0.19
United Bankshares, Inc., today reported earnings for the second quarter and the first half of 2016. Earnings for the second quarter of 2016 were $31.8 million or $0.44 per diluted share, as compared to earnings of $34.8 million or $0.50 per diluted share for the second quarter of 2015. Earnings for the first half of 2016 were $66.5 million or $0.94 per diluted share as compared to earnings of $69.4 million or $1.00 per diluted share for the first half of..."/>
United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2016
World Acceptance Corporation today reported financial results for its first fiscal quarter ended June 30, 2016.. Net income for the first quarter decreased 29.7% to $16.6 million compared to $23.6 million for the same quarter of the prior year. Net income per diluted share decreased 30.1% to $1.89 in the first quarter of fiscal 2017 compared to $2.71 in the prior year quarter."/>
World Acceptance Corporation Reports First Quarter
Fortress Investment Group LLC today reported its second quarter 2016 financial results. Fortress declared a cash dividend of $0.09 per dividend paying share for the second quarter 2016 Management Fee Paying Assets Under Management of $70.2 billion as of June 30, 2016, down slightly compared to the previous quarter and a decrease of 2% compared to June 30, 2015 GAAP net loss of $27 million, or a $0.07 loss per diluted Class A share, for the second quarter of 2016, compared..."/>
Fortress Reports Second Quarter 2016 Results and Announces Dividend of $0.09 per Share
State Bank Financial Corporation today announced unaudited financial results for the quarter ended June 30, 2016. Net income for the second quarter of 2016 was $13.8 million, compared to $10.8..."/>
State Bank Financial Corporation Reports Second Quarter 2016 Financial Results

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