Page 27 - Average Equity News Today

Equity Group's net profit for the first half of 2021 grew 98.4% to Ksh. 17.9 billion, driven by growth in interest and non-interest income.

Message : Required fields Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $58.2 million, or $1.35 per diluted share, for the quarter ended June 30, 2021, compared to $38.7 million, or $0.90 per diluted share, for the quarter ended June 30, 2020 and $60.0 million, or $1.39 per diluted share, for the quarter ended March 31, 2021. The Company also announced that its Board of Directors increased the quarterly cash dividend to $0.3...

The Bank recorded a Profit before tax (PBT) of Rs 6.1 Bn in 1Q 2021 compared to Rs 3 Bn in 1Q 2020, denoting a growth of 101%, while Profit after tax (PAT) increased by 83% to Rs 4.6 Bn from Rs 2.5 Bn recorded in the first quarter of 2020. Resilient performance of all business lines along with the improved credit quality helped bolster Sampath Bank’s performance in the first quarter of 2021. The Sampath Group also registered significant growth in 1Q 2021, as evinced by the improvement in both...

Centric Financial Corporation Announces Record Breaking First Quarter 2021 Earnings News provided by Share this article Share this article HARRISBURG, Pa., May 7, 2021 /PRNewswire/ -- Centric Financial Corporation ("Centric" or "the Company") (OTC: CFCX), the parent company of Centric Bank ("the Bank"), announced earnings and financial results for the first quarter 2021.  Net income for the quarter ending March 31, 2021 totaled $3.6 million, or $0.43, per basic and diluted share, a record hig...

BUSINESS HIGHLIGHTS Sequential quarterly Commercial Portfolio growth continues the trend that started last year, up 3% QoQ to reach $5.7 billion, driven by higher loan origination (+5% QoQ), with a continued focus on defensive sectors and stricter credit underwriting standards. During 1Q21, Bladex continues to collect virtually all loan maturities (close to 100% since the onset of Covid-19), evidencing the high quality of the Banks borrower base and short-term nature of its business. As of Ma...

Pacific Valley Bank Announces its First Quarter 2021 Financial Results and Continued Participation in the CARES Act Paycheck Protection Program News provided by Share this article Share this article SALINAS, Calif., May 3, 2021 /PRNewswire/ -- Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited earnings results for the first quarter 2021. Net income for the three months ended March 31, 2021 was $1.13 million, representing an increase of 89% compared with the same period of 2020. Earnin...

First United Corporation Announces First Quarter 2021 Earnings Strong earnings per share driven by wealth management, gains, and reduced provision and core expenses Increased dividend resulting in attractive yield News provided by Share this article Share this article OAKLAND, Md., May 4, 2021 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings results for the three-month peri...

/PRNewswire/ -- The Freedom Bank of Virginia (OTCQX: FDVA), (the "Bank" or "Freedom") today announced net income of $2,468,211, or $0.34 per diluted share, for...

The Bank of Fincastle Announces First Quarter Earnings for 2021 News provided by Share this article Share this article FINCASTLE, Va., April 29, 2021 /PRNewswire/ -- The Bank of Fincastle [SYMBOL: BFTL] has reported an unaudited quarterly net income of $345,680 for the first quarter of 2021, with assets of $272.1 million and total liabilities of $241.4 million. Executive Management Team, from left: Peter Sackett, Vice President and Chief Credit Officer Mike Jasper, Chief Financial Officer Scot...

SouthState Corporation Reports First Quarter 2021 Results and Declares Quarterly Cash Dividend News provided by Share this article Share this article WINTER HAVEN, Fla., April 28, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2021. The Company reported consolidated net income of $2.06 per diluted common share for the three months ended March 31, 2021, compar...