Industry News

Information Services Corporation announced today that the membership of SGEU Local 2214 has ratified a new collective agreement with respect to its in-scope employees. "We appreciate the hard work and commitment of the negotiating teams on both sides of the table in reaching this agreement," said Jeff Stusek, President& CEO of ISC. " This shows a mutual regard for the collective bargaining process and we look forward to continuing our ongoing..."/>
ISC and SGEU Ratify New Collective Agreement
Kansas City Life Declares Quarterly Dividend
EverBank Financial Corp. may be working on a deal to sell the company, according to a Bloomberg financial news report Monday. Company officials decline 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 EverBank may be up for sale, company officials mum on possible deal [The Florida Times-Union, Jacksonville]
Brookfield Canada Office Properties, a Canadian REIT, today announced that net income for the three months ended June 30, 2016 was $45.8 million or $0.49 per unit, compared to $83.6 million or $0.90 per unit during the same period in 2015.. Revaluation gain for the three months ended June 30, 2016 was $5.9 million, compared to a revaluation gain of $47.2 million during the same period in 2015. The current value of $34.05 per unit represents an increase over the..."/>
Brookfield Canada Office Properties Reports Second Quarter 2016 Results
Independent Bank Group, Inc., the holding company for Independent Bank, today announced net income available to common shareholders of $11.8 million, or $0.64 per diluted share, for the quarter ended June 30, 2016 compared to $10.5 million, or $0.61 per diluted share, for the quarter ended June 30, 2015 and $12.4 million, or $0.67 per diluted share, for the quarter ended March 31, 2016.. Core earnings were $13.8 million, or $0.74 per diluted share, compared..."/>
Independent Bank Group Reports Second Quarter Financial Results
Element Financial Corporation, one of North America's leading fleet management and equipment finance companies, today announced that its Board of Directors has unanimously approved plans to proceed with the reorganization of Element into two separate publicly-traded companies targeted for closing on October 3, 2016. Following the Separation Transaction, Element Financial Corporation, to be..."/>
Element Board Unanimously Approves Plan to Separate into Two Market Leading Companies
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
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
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
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
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
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
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
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

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