CVB Financial Corp. to Present at the B. Riley & Company Inc. 13th Annual Investor Conference
Chris Myers, President and Chief Executive Officer of CVB Financial Corp., will present at the B. Riley & Company Inc. 13th Annual Investor Conference at the Loews Santa Monica Beach Hotel, Santa Monica, CA, on May 22, 2012 at 10:30 a.m. Pacific time. Access to the live webcast and presentation materials will be available at either www.webcastregister.com/briley/2012/register/CVBF or at www.cbbank.com under “CVB Investors,” “Investor Presentations.” A replay of the ...continuedCVBF citizensbank loan bank
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Barclays Issues Investor Guidance on iPath Dow Jones-UBS Natural Gas Subindex Total ReturnSM Exchange Traded Notes (Ticker: GAZ)
Barclays Bank PLC (“Barclays”) announced an investor guidance notification today regarding the iPath ® Dow Jones-UBS Natural Gas Subindex Total Return SM Exchange Traded Notes (the “ETNs”). The ETNs currently trade on the NYSE Arca stock exchange under the ticker symbol “GAZ”. Barclays previously announced the temporary suspension of further issuances of the ETNs on August 21, 2009. As described in that press release and also in the pricing suppleme...continuedBCS GAZ sustainability bank Financial
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Provident Community Bancshares Reports First Quarter Results
Provident Community Bancshares, Inc. (OTCBB: PCBS) (the “Corporation”) recorded a net loss to common shareholders of $202,000 for the three months ended March 31, 2012 as compared to a net loss of $6,000 for the same period in 2011. The increase in the loss in 2012 was primarily due to higher provision for loan losses of $435,000 as a result of an increase in the classified loan loss ratios that are derived from a three year historical average and an increase in non-performing assets, of...continuedPCBS investment mortgage bank
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Patriot National Bancorp Earns $546,000 in First Quarter
Patriot National Bancorp, Inc. (NASDAQ:PNBK)(“Patriot”), the parent of Patriot National Bank (the “Bank”), today reported it earned $546,000, or $0.01 per diluted share, in the first quarter of 2012 compared to earnings of $443,000, or $0.01 per diluted share, in the fourth quarter of 2011 and a net loss of $9.0 million, or $0.23 loss per share, in the first quarter a year ago. First quarter 2011 results included a $6.2...continuedPNBK banks Banking bank
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Cathay General Bancorp Declares Dividend Of $0.01 Per Share
LOS ANGELES, May 18, 2012 /PRNewswire/ -- Cathay General Bancorp (NASDAQ: CATY) announced today that on May 17, 2012, its Board of Directors declared a cash dividend of one cent per common share payable on June 12, 2012, to stockholders of record at the close of business on June 1, 2012. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank. Founded in 1962, Cathay Bank offers a wide range of financial services. Ca...continuedCATY banks bank Banking
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Bank of America Announces the Redemption of 5.875% Subordinated InterNotes Due December 15, 2033
Bank of America Corporation announced that it is calling for redemption in full on June 15, 2012 the remaining principal amount of $138,749,573 of its outstanding 5.875% Subordinated InterNotes ® due December 15, 2033, CUSIP 060505609, NYSE Symbol IKM (the “Notes”). The Notes will be redeemed at a price equal to 100 percent of the principal amount of the Notes, plus unpaid interest accrued to June 15, 2012. From and after June 15, 2012, no interest will accrue on the Notes, and the...continuedBAC bank Financial Banking
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Northrim BanCorp Declares Quarterly Cash Dividend of $0.13 Per Share
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced its Board of Directors declared a regular quarterly cash dividend of $0.13 per share. The dividend will be paid June 15, 2012, to shareholders of record at the close of business June 7, 2012. Northrim has paid a regular quarterly cash dividend since 1995, and has a current annualized dividend yield of 2.4% at current market share prices. “The steady growth in shareholders’ equity combined with regular dividend payments has delive...continuedNRIM mortgage Banking bank
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Analysis: Greeks not alone in bank savings exodus
Analysis: Greeks not alone in bank savings exodus
It is not only Greeks who are worried about their savings. Data shows depositors have also taken flight from banks in Belgium, France and Italy. And on Thursday, Spain's Bankia (BKIA.MC) was reported to have seen more than 1 billion euros drained by …
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Saving For Medical Costs In Retirement
By Angela Kennecke You know you're supposed to be saving for retirement, but a big chunk of your savings could end up going to pay for medical expenses. According to a new study by Fidelity Investments, a 65-year-old couple retiring in 2012 is …
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Naugatuck Valley Financial Corporation Announces Cash Dividend
NAUGATUCK, Conn., May 17, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Naugatuck Valley Financial Corporation (Nasdaq:NVSL) declared a cash dividend for the quarter ended March 31, 2012, of $.03 per share to stockholders of record on May 28, 2012. Payment of the cash dividend will be made on or about June 15, 2012. Naugatuck Valley Financial Corporation is the holding company for Naugatuck Valley Savings and Loan and is headquartered in Naugatuck, Connecticut. Naugatuck Valley Savings and Loa...continuedNVSL committee id bank
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LCNB National Bank Recognized as One of the Top Community Banks in U.S.
A national banking publication, American Banker Magazine , has again recognized LCNB National Bank for its outstanding three-year average return on equity (ROE) in its May 2012 edition. LCNB is ranked 53rd among all community banks and thrifts across the United States with under $2 billion in total assets. The rankings were based on an analysis of data compiled by SNL Financial for banks and thrifts that are publicly traded or that file reports with the Securities Exchange Commission. Steve P. F...continuedLCNB Banking lcnb bank
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Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
CHESAPEAKE, Va., May 17, 2012 (GLOBE NEWSWIRE) -- Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the holding company for Monarch Bank, announced that its Board of Directors on May 16, 2012, declared a regular quarterly cash dividend of $0.4875 per share on its 7.80% Series B Noncumulative Convertible Preferred Stock. The dividend is payable on June 30, 2012 to shareholders of record on June 1, 2012. The amount and declaration of future cash dividends are subject to Board of Director's appro...continuedMNRK mortgage bank monarchs
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Wells Fargo Insurance Reaches $1 Million Milestone in Awards to the Fire Service
Wells Fargo Insurance – part of Wells Fargo & Company (NYSE: WFC)– announced today it has awarded $7,499 to the Cordelia Fire Protection District in Fairfield, CA, becoming the only broker to provide $1 million in grants to local fire departments and burn prevention organizations through the Heritage Program ® at Fireman’s Fund Insurance Company. This donation will help the Cordelia Fire District obtain rescue saws and communications equipment. “We are very pl...continuedWFC bank fargo macintosh
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WesBanco Declares Quarterly Cash Dividend To Its Shareholders
WHEELING, W.Va., May 17, 2012 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC) today announced a quarterly cash dividend to be paid to its shareholders of $0.17 per common share. Paul M. Limbert, President and Chief Executive Officer of the multi-state bank holding company headquartered in Wheeling, West Virginia, said that the dividend would be payable on July 2, 2012 to shareholders of record on June 8, 2012. The cash dividend represents an annualized cash dividend of $0.68 per comm...continuedWSBC bank bb&t wesbanco
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Wells Fargo’s International Group Names Shoar Hassan Regional Manager for Middle East and North Africa
The Wells Fargo International Group, part of Wells Fargo & Company (NYSE:WFC), announced that Shoar Hassan has joined its Global Financial Institutions (GFI) group as regional manager for Middle East and North Africa. Based in Dubai, Hassan reports to Dilek Mutus, head of Wells Fargo’s GFI business for Turkey, Russia, Middle-East and Sub-Continent India. Shoar Hassan, Senior Vice President, Regional Manager Wells Fargo Global Financial Institutions (Photo: Business Wire) Serving ...continuedWFC wells banks bank
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Central Pacific Financial Corp. To Present At The 13th Annual B. Riley & Co. Investor Conference
HONOLULU, May 16, 2012 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF) announced today that President and Chief Executive Officer John C. Dean and Chief Financial Officer Denis K. Isono are scheduled to present at the 13th Annual B. Riley & Co. Investor Conference in Santa Monica, California. The presentation is scheduled for Tuesday, May 22, 2012 at 10:00 a.m. Pacific Time. A live webcast of the presentation will be available at Central Pacific's investor relations website, http:/...continuedCPF maui mortgages bank
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Northern Trust Named One of the Best Companies for Multicultural Women by Working Mother Magazine
Northern Trust (Nasdaq: NTRS), a leading provider of financial services for institutions, affluent individuals and families, announced today that it has been named one of Working Mother magazine’s Best Companies for Multicultural Women in 2012. The annual ranking honors companies that are dedicated to hiring, retaining and advancing multicultural women within their organization. “At Northern Trust, we believe the wide-ranging views and experiences that an inclusive and diverse workfo...continuedNTRS Financial efinancialnews bank
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Media Advisory – CIBC to Announce Second Quarter Results on May 31, 2012
TORONTO, May 16, 2012 /CNW/ - CIBC (TSX: CM) (NYSE: CM) will be announcing its fiscal 2012 second quarter results on Thursday, May 31, 2012. The results are expected to be released at approximately 6:00 a.m. (ET), followed by a live audio webcast and teleconference call with analysts, investors and media at 8:00 a.m. (ET). Earnings Conference Call/Webcast --------------------------------------------- The conference call will be available in English (416-340-2217 in Toronto, or toll-f...continuedCM CM:CA Financial aerogold bank
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Mark Ponder Joins Enterprise Financial Services Corp as Senior Vice President and Controller
ST. LOUIS, May 16, 2012 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) announced the appointment of Mark Ponder to Senior Vice President and Controller. Ponder is a Certified Public Accountant and earned a Masters in Business Administration from St. Louis University. He brings 20 years of experience in various financial roles, including senior financial positions at Corizon and Centene. Frank Sanfilippo, Chief Financial Officer for Enterprise, said: "Mark brings a weal...continuedEFSC Banking bank banks
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First Community Corporation Announces the Filing of a Registration Statement on Form S-1
LEXINGTON, S.C., May 15, 2012 /PRNewswire/ -- First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, N.A., announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed public offering of up to $12.5 million in shares of its common stock, par value $1.00 per share. (Logo: http://photos.prnewswire.com/prnh/20030508/FCCOLOGO ) Raymond James & Associates, Inc. will act as the sole book-running m...continuedFCCO mortgage Banking bank
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Merriman Holdings, Inc. Announces Financial Results for the First Quarter Ended March 31, 2012
Total revenues of $5,303,000, 24% above budget Total Operating Expenses Decreased by 25% over the First Quarter 2011 SAN FRANCISCO, May 15, 2012 /PRNewswire/ -- Merriman Holdings, Inc. (OTCQX: MERR), the parent company of Merriman Capital, Inc., today released earnings for the first quarter 2012. We have opted not to do the typical previous quarter analysis in this release as we have dramatically altered the focus of our business. For all comparisons, please refer to our 10-Q. (Logo: http://photos...continuedMERR bank contracts Merriman
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The Hanover Insurance Group, Inc. Announces Quarterly Dividend of $0.30 Per Common Share
WORCESTER, Mass., May 15, 2012 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors declared a quarterly dividend of $0.30 per common share. The dividend will be payable on June 29, 2012 to shareholders of record at the close of business on June 15, 2012. (Logo: http://photos.prnewswire.com/prnh/20120404/NE82147LOGO ) Forward-Looking Statements Statements regarding quarterly or future dividends payable to our shareholders, wh...continuedTHG mortgage homes bank
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Broadway Financial Corporation Reports Net Loss for 1st Quarter 2012
Broadway Financial Corporation (the “Company”) (NASDAQ Capital Market:BYFC), parent company of Broadway Federal Bank, f.s.b. (the “Bank”), today reported net loss of ($60) thousand, or ($0.20) per diluted common share, for the first quarter of 2012, compared to net loss of ($129) thousand, or ($0.24) per diluted common share, for the first quarter of 2011. The decrease in net loss was primarily due to lower provision for loan losses, higher net gains on sales of real estate...continuedBYFC bank ira banks
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Colonial Financial Services, Inc. Announces First Quarter 2012 Results
VINELAND, N.J., May 15, 2012 /PRNewswire/ -- Colonial Financial Services, Inc. (NASDAQ Global Market: COBK) (the "Company") the holding company for Colonial Bank, FSB (the "Bank"), announced net income of $248 thousand, or $0.06 per basic and diluted share for the three months ended March 31, 2012, compared to $815 thousand, or $0.20 per basic and diluted share, for the three months ended March 31, 2011. For the three months ended March 31, 2012, net interest income was $4.1 million compared ...continuedCOBK Banking bank banks
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SunTrust to Present at the Deutsche Bank 2012 Global Financial Services Investor Conference
ATLANTA, May 15, 2012 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) is scheduled to participate in the Deutsche Bank 2012 Global Financial Services Investor Conference in New York on Monday, May 21, 2012. SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2012, SunTrust had total assets of $178.2 billion and total deposits of $130...continuedSTI bank Banking crestar
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Hawthorn Bancshares Reports First Quarter Earnings
Hawthorn Bancshares Inc. (NASDAQ: HWBK), today reported consolidated financial results for the Company for the quarter ended March 31. Net income for the quarter was $1.5 million, compared to $1.0 million for the first quarter of 2011. After deducting dividends and discount accretion of $0.5 million on the preferred stock issued to the U.S. Treasury under the Capital Purchase Program, Hawthorn earned $0.21 per diluted common share for the three months ending March 31, 2012, versus $0.10 for the fi...continuedHWBK investments Banking bank
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