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Best’s Special Report: Challenges From Tariff Uncertainty Likely Credit Negative for Insurers

Lastest from Businesswire - Tue, 04/15/2025 - 05:16
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--The recent stock and bond market volatility stemming from U.S. tariff changes that wreaked financial havoc globally could pressure insurers’ balance sheets going forward, causing unrealized losses in equity portfolios and diminished capital bases, according to a new AM Best report. The Best’s Commentary, “Challenges From Tariff Uncertainty Likely Credit Negative for Insurers,” notes that despite a current 90-day reprieve, there is potential for tariffs to add to

Crescent European Specialty Lending Announces Financing for Rantum Capital’s Refinancing of Aqua Group

Lastest from Businesswire - Tue, 04/15/2025 - 05:16
LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support Rantum Capital’s refinancing of Aqua Group GmbH, a Germany-headquartered provider of detection and restoration services for water, fire and natural hazard damages. The financing will be used to refinance existing bank debt and support the company’s ongoing acquisition strategy. Crescent was

Saba Capital Reaches Agreement with The European Smaller Companies Trust PLC

Lastest from Businesswire - Tue, 04/15/2025 - 02:15
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced that it has entered into a standstill agreement (the “Agreement”) with The European Smaller Companies Trust PLC (ESCT:LSE) (“ESCT” or the “Trust”) following constructive negotiations with the Board aimed at achieving an outcome that benefits all shareholders. Under the terms of the Agreement and subject to shareholder approval, the Trust will conduct a tender offer

Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA

Lastest from Businesswire - Tue, 04/15/2025 - 02:15
NEW YORK & ABU DHABI, United Arab Emirates & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today its strategic expansion into the United Arab Emirates, establishing Abu Dhabi as the Financial Advisory main office for the country, subject to regulatory approval. The establishment of this office reflects the role of Abu Dhabi as a leading business and financial center globally and underscores Lazard's commitment to deepening its presence in MENA and serving as a truste

Former DOT Deputy General Counsel Brian Stansbury Joins Hunton’s Environmental Team in Washington

Lastest from Businesswire - Mon, 04/14/2025 - 23:15
WASHINGTON--(BUSINESS WIRE)--Brian Stansbury, a highly-regarded environmental attorney and former Deputy General Counsel for the U.S. Department of Transportation (DOT), has joined Hunton Andrews Kurth LLP as a partner in Washington. As a member of the firm’s nationally recognized environmental practice, Stansbury provides clients in the transportation, manufacturing, financial services and other sectors with crisis management and environmental compliance and regulatory counseling, including en

Candescent Opens New Bangalore Office to Spearhead Digital Banking Software Innovation and Development

Lastest from Businesswire - Mon, 04/14/2025 - 23:15
ATLANTA--(BUSINESS WIRE)--Candescent opens new Bangalore office to spearhead digital banking software innovation and development.

BBAI Investors with Losses of $100,000 Have Opportunity to Lead BigBear.ai Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Mon, 04/14/2025 - 23:15
LOS ANGELES--(BUSINESS WIRE)--BBAI Investors with Losses of $100,000 Have Opportunity to Lead BigBear.ai Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

FRMO Corp. Announces Fiscal 2025 Third Quarter Results and Conference Call

Lastest from Businesswire - Mon, 04/14/2025 - 23:15
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. releases fiscal 2025 Third Quarter Results and Conference Call.

Western Alliance Bancorporation Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast

Lastest from Businesswire - Mon, 04/14/2025 - 20:15
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast

Green Dot to Announce First Quarter 2025 Results on May 8th

Lastest from Businesswire - Mon, 04/14/2025 - 20:15
PROVO, Utah--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2025 financial results on Thursday, May 8th, 2025 at 5:00 p.m. ET. A press release with the company’s first quarter 2025 financial results will be issued after the market closes on the same day. The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/. A replay will be available at the same website f

Protective to Host 2025 Annual Company Update Webcast

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), will host its Annual Company Update webcast on April 28, 2025, from 8:15 – 9:15 a.m. CDT. Company leaders will discuss Protective’s 2024 financial results, current business strategy and 2025 outlook. Updates will be provided by Protective’s President & CEO Rich Bielen, Executive Vice President & Chief Operating Officer Wade Harrison, Exe

Allegion Schedules Conference Call, Webcast to Announce 2025 First-Quarter Results

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2025 first-quarter financial results on Thursday, April 24, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. A real-time, listen-only webcast of the conferen

PNFP Reports 1Q25 Diluted EPS of $1.77; Adjusted Diluted EPS of $1.90

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.77 for the quarter ended March 31, 2025, compared to net income per diluted common share of $1.57 for the quarter ended March 31, 2024, an increase of approximately 12.7 percent. After considering the adjustments noted in the table below, net income per diluted common share was $1.90 for the three months ended March 31, 2025, compared to $1.53 for the three

Customers Bancorp, Inc. Hosts First Quarter 2025 Earnings Webcast Friday, Apr. 25, 2025

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--CUSTOMERS BANCORP, INC. HOSTS FIRST QUARTER 2025 EARNINGS WEBCAST FRIDAY, APRIL 25, 2025.

Universal Display Corporation Announces First Quarter 2025 Conference Call

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 1Q25 results on May 1, 2025, and host a 5:00 p.m. ET earnings conference call.

US Metro Bancorp Completes $15.9 Million Subordinated Note Capital Raise and Redemption of $10.0 Million Subordinated Note

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”), the parent company of US Metro Bank (“Bank”), today announced the successful closing of its private placement of $15.9 million aggregate principal amount 6.00% Fixed Interest Rate Subordinated Debt Notes (the “Notes”) on March 31, 2025. The Notes will mature on March 31, 2028, and will bear interest at a rate equal to 6.00% per annum payable on a quarterly basis in arrears. Bancorp will use the

Horace Mann to announce first-quarter 2025 financial results on May 6

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN) plans to release its first-quarter 2025 results on Tuesday, May 6, after the market closes. At that time, the first-quarter Quarterly Report on Form 10-Q, quarterly news release, investor supplement and investor presentation will be available on the company’s website at investors.horacemann.com. Management will host a conference call to discuss the financial results on Wednesday, May 7 at noon Eastern Time. Investo

FB Financial Corporation Reports First Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (the “Company”) (NYSE: FBK), parent company of FirstBank, reported net income of $39.4 million, or $0.84 per diluted common share, for the first quarter of 2025, compared to $0.81 in the previous quarter and $0.59 in the first quarter of last year. Adjusted net income* was $40.1 million, or $0.85 per diluted common share, compared to $0.85 in both the previous quarter and the first quarter of last year. The Company ended the first quar

Intellicheck Names New Senior Vice President of Sales

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identity validation technology solutions, today announced the appointment of Tim Poulin as Senior Vice President of Sales. Poulin, who replaces Chris Meyer in that role, assumes his position with Intellicheck beginning today, April 14, 2025. Meyer will remain with the Company to ensure a smooth transition. ““We appreciate Chris Meyer’s con

Paymentus to Report First Quarter 2025 Earnings Results and Host Webcast on May 5, 2025

Lastest from Businesswire - Mon, 04/14/2025 - 17:15
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its first quarter 2025 financial results after the market close on Monday, May 5, 2025. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on May 5, 2025. Event: Paymentus First Quarter 2025 Earnings Conference Call Date: Monday, May 5, 2025 Time: 5:00 p.m. Eastern Time Live Call: +1 833 470 1428 (U.S.

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