Industry News

Sierra Bancorp, the Porterville-based holding company of Bank of the Sierra, reported its earnings were down 10 percent in the second quarter of 2016 from the same time frame last year. It reported $4.1 million in earnings, or 31 cents per share, for 2016' s second quarter, down from $4.6 million, or 34 cents per share, in the same quarter of 2015.. The company said income was $8.1 million, or 61 cents per share, for the first half of 2016, which is down 2 percent from the first six months..."/>
Bank of the Sierra parent reports 10% earnings drop in 2Q [The Fresno Bee]
Apple delivers its next business update Tuesday, there's a sense that just hanging in there might be enough to call the last three months a success. That's saying something, especially when talking about the world's most valuable company in terms of market capitalization-- and which reported $50.6 billion in sales during the first three months of the year. "Expectations are low for iPhone and the overall business," Piper Jaffray analyst Gene Munster said in a..."/>
Apple's best hope may be to hold steady as iPhone sales weaken [East Bay Times]
McDonald's rebound to slow? Analysts are predicting that the world's largest burger chain, which has enjoyed earnings growth and larger-than-expected sales in recent quarters, will report Tuesday morning that growth slowed in the second quarter. That's due to a mix of factors both within and outside of the Golden Arches."/>
After record run, analysts expect McDonald's to report slower sales [Chicago Tribune]
EverBank Financial Corp. may be working on a deal to sell the company, according to a Bloomberg financial news report Monday. Company officials declined to even discuss the possibility of a sale. Bloomberg reported Monday morning that the largest bank in the state of Florida is angling to sell the company."/>
Report: Jacksonville-based EverBank may be up for sale; company officials mum [The Florida Times-Union, Jacksonville]
Apple delivers its next business update Tuesday, there's a sense that just hanging in there might be enough to call the last three months a success. That's saying something, especially when talking about the world's most valuable company in terms of market capitalization-- and which reported $50.6 billion in sales during the first three months of the year. "Expectations are low for iPhone and the overall business," Piper Jaffray analyst Gene Munster said in a..."/>
Apple's best hope may be to hold steady as iPhone sales weaken [Mercury News]
Farmers Capital Bank Corporation announced today that its Board of Directors approved a quarterly cash dividend on the Company’ s common stock of $0.07 per share. The quarterly $0.07 per share dividend represents an annualized yield of 0.95% based on the closing price of $29.57 on July 22, 2016. The dividend is payable on October 1, 2016 to shareholders of record at the close of business on September 1, 2016."/>
Farmers Capital Bank Corporation Announces Common Dividend
Omega Healthcare Investors, Inc. today announced that it is scheduled to release its earnings results for the quarter ended June 30, 2016, on Tuesday, August 2, 2016, after market close. In conjunction with its release, Omega will be conducting a conference call on Wednesday, August 3, 2016 at 10 a.m. Eastern Time to review its 2016 second quarter results and current developments."/>
Omega Announces Release Date of Second Quarter Earnings and Conference Call
First National Bank Alaska’ s net income for second quarter was $10.1 million or $31.93 per share. This compares to $9.1 million or $28.41 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."/>
First National Bank Alaska Releases Unaudited Results for 2nd Quarter 2016
Cohen & Steers Funds Quarterly Data Now Available
Northwest Bancshares is preparing to wrap up its big branch deal in the Buffalo Niagara region. The Pennsylvania-based bank expects to finish acquiring 18 First Niagara Financial Group branches for about $78.2 million before the end of the current quarter. The branches have deposits of $1.7 billion and loans of about $511 million, and with the new locations will come 185 additional employees and 70,000 customers."/>
Northwest closing in on buying 18 branches [The Buffalo News, N.Y.]
RE/MAX LLC is eager to bring new resources and more dollars to bear in support of their only local franchise,..."/>
RE/MAX aiming to make big push into Western New York real estate market [The Buffalo News, N.Y.]
MB Financial Inc. will replace First Niagara Financial Group Inc. in the S&P MidCap 400, BioTelemetry Inc. will replace MB Financial in the S&P SmallCap 600. S&P 500 constituent KeyCorp is acquiring First Niagara Financial Group in a deal expected to be completed soon..."/>
MB Financial to Join S&P MidCap 400; BioTelemetry and Raven Industries to Join S&P SmallCap 600
F.N.B. Corp. and North Carolina, US-based Yadkin Financial Corp. have signed a definitive merger agreement pursuant to which F.N.B. Corp. will acquire Yadkin Financial Corp. and its Yadkin Bank in an all-stock transaction valued at approximatelyUSD 27.35 per share, orUSD 1.4 bn, the companies said."/>
F.N.B. to Acquire North Carolina’s Yadkin Financial in USD 1.4bn Deal
Kilroy Realty Corporation today reported financial results for its second quarter ended June 30, 2016.. Net income available to common stockholders of $0.31 per share Funds from operations of $0.86 per share which includes $0.01 per share of acquisition-related expenses Revenues of $160.1 million In May, increased our regular quarterly cash dividend to an annualized rate of $1.50 per share, a 7.1% increase from the previous annualized dividend level of $1.40..."/>
Kilroy Realty Corporation Reports Second Quarter Financial Results
Webster Financial Corporation, the holding company for Webster Bank, N.A., announced today that its Board of Directors declared a quarterly cash dividend of$. 25 per share on its common stock. The dividend on the common shares will be payable August 22, 2016 to shareholders of record on August 8, 2016.. On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $400.00 per share, payable September 15, 2016 to shareholders of..."/>
Webster Financial Corporation Declares Common Dividend
Southern Missouri Bancorp, Inc., the parent corporation of Southern Bank, today announced preliminary net income available to common stockholders for the fourth quarter of fiscal 2016 of $3.7 million, an increase of $167,000, or 4.8%, as compared to the same period of the prior fiscal year. The increase was attributable to increased net interest income and noninterest income, a reduction in provision for income taxes, and the elimination of preferred..."/>
SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY FOURTH QUARTER, FISCAL 2016 RESULTS; INCREASES QUARTERLY DIVIDEND TO $0.10 PER COMMON SHARE; SCHEDULES CONFERENCE CALL TO DISCUSS RESULTS FOR TUESDAY, JULY 26, AT 3:30PM CENTRAL TIME
Provident Financial Holdings, Inc., the holding company for Provident Savings Bank, F.S.B., today announced that the Company’ s Board of Directors declared a quarterly cash dividend of $0.13 per share, reflecting an eight percent increase from the $0.12 per share paid on June 7, 2016. Shareholders of the Company’ s common stock at the close of business on August 15, 2016 will be entitled to receive the cash dividend. The cash dividend will be payable on..."/>
Provident Financial Holdings Increases Quarterly Cash Dividend
First Republic Bank, a leading private bank and wealth management company, today announced the pricing of $400,000,000 in aggregate principal amount of its Subordinated Notes due 2046. First Republic will pay interest on the Subordinated Notes semi-annually in arrears on February 1 and August 1 of each year, beginning on February 1, 2017. The Subordinated Notes will bear interest at a rate of 4.375% per annum and, unless previously..."/>
First Republic Announces Pricing Of $400,000,000 Subordinated Notes Offering
Your Community Bankshares, Inc. reported the results of operations for the three and six months ended June 30, 2016. The Company also announced that on July 19, 2016 its Board of Directors declared a quarterly cash dividend on the Company’ s common stock of $0.12 per share payable on August 25, 2016 to shareholders of record on August 8, 2016.. The following points summarize significant financial information for the second quarter of 2016:."/>
Your Community Bankshares, Inc. Reports 2nd Quarter Net Income Available to Common Shareholders of $3.8 Million, or $0.68 Per Diluted Common Share and 3rd Quarter Dividend

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Financials558 Articles
Consumer Discretionary506 Articles
Information Technology498 Articles
Industrials378 Articles
Health Care334 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.