Latest Financial services News
Russia's Central Bank hikes interest rate as inflation soars
MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine. The bank raised the rate by 200...
Preferred Bank: Q2 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Preferred Bank (PFBC) on Thursday reported second-quarter earnings of $33.6 million. The bank, based in Los Angeles, said it had earnings of $2.48 per share. The results exceeded Wall Street expectations. The average estimate...
CTO Realty: Q2 Earnings Snapshot
WINTER PARK, Fla. (AP) — WINTER PARK, Fla. (AP) — CTO Realty Growth, Inc. (CTO) on Thursday reported a key measure of profitability in its second quarter. The Winter Park, Florida-based real estate investment trust said it had funds from operations of $11.1 million, or 48 cents...
Gaming and Leisure Properties: Q2 Earnings Snapshot
WYOMISSING, Pa. (AP) — WYOMISSING, Pa. (AP) — Gaming and Leisure Properties Inc. (GLPI) on Thursday reported a key measure of profitability in its second quarter. The results matched Wall Street expectations. The real estate investment trust, based in Wyomissing, Pennsylvania,...
Old Point Financial: Q2 Earnings Snapshot
HAMPTON, Va. (AP) — HAMPTON, Va. (AP) — Old Point Financial Corp. (OPOF) on Thursday reported net income of $2.5 million in its second quarter. The bank, based in Hampton, Virginia, said it had earnings of 50 cents per share. The bank holding company posted revenue...
Cousins Properties: Q2 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Cousins Properties Inc. (CUZ) on Thursday reported a key measure of profitability in its second quarter. The results beat Wall Street expectations. The real estate investment trust, based in Atlanta, said it had funds from operations of $103.3...
PCB Bancorp: Q2 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — PCB Bancorp (PCB) on Thursday reported net income of $6.3 million in its second quarter. The bank, based in Los Angeles, said it had earnings of 43 cents per share. The company posted revenue of $47.4 million in the period. Its...
Ameris Bancorp: Q2 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Ameris Bancorp (ABCB) on Thursday reported second-quarter earnings of $90.8 million. The bank, based in Atlanta, said it had earnings of $1.32 per share. Earnings, adjusted for non-recurring gains, were $1.17 per share. The results...
Digital Realty Trust: Q2 Earnings Snapshot
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Realty Trust Inc. (DLR) on Thursday reported a key measure of profitability in its second quarter. The results beat Wall Street expectations. The Austin, Texas-based real estate investment trust said it had funds from operations...
Healthpeak: Q2 Earnings Snapshot
DENVER (AP) — DENVER (AP) — Healthpeak Properties, Inc. (DOC) on Thursday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in Denver, said it had funds from operations of $320.2...
