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BBVA USA Reports First Quarter 2021 Results News provided by Share this article Share this article HOUSTON, April 30, 2021 /PRNewswire/ -- BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today net income of $385 million for the first quarter of 2021 compared to net income of $334 million in the fourth quarter of 2020 and net loss of $2.2 billion in the first quarter of 2020.  Return on average assets and return on average tangible equity 1 for the first quarter of 2021 were 1.49 percent and 16.57 percent, respectively. "During the first quarter we delive...

/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...

Carter Bankshares, Inc. Announces First Quarter 2021 Financial Results MARTINSVILLE, VA / ACCESSWIRE / April 29, 2021 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE) today announced net income of $9.4 million, or $0.36 diluted earnings per share, for the first quarter of 2021 compared to net income of $2.9 million, or $0.11 diluted earnings per share, in the fourth quarter of 2020 and net income of $4.4 million, or $0.17 diluted earnings per share, for the first quarter of 2020. Pre-tax pre-provision earnings 1 were $11.9 million, $7.9 million and $9.5 million for the quarters ended M...

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, compared to $1.21 per diluted common share for the three months ended December 31, 2020, and compared to $...

(1)  Core operating results are a non-GAAP measure used by management to measure performance in operating the business that management believes enhances investors' ability to better understand the underlying business performance and trends related to core business activities. A full reconciliation of non-GAAP financial measures can be found at the end of the financial statements which accompany this release. (2)  Reserve build/(release) represents the net change in the Company's allowance for credit losses (ACL) from the prior period.          Financial results Net income of $39.8 m...