Latest Financial services News

First Western: Q1 Earnings Snapshot

Apr. 18, 2024 17:38 PM EDT

DENVER (AP) — DENVER (AP) — First Western Financial, Inc. (MYFW) on Thursday reported net income of $2.5 million in its first quarter. The Denver-based bank said it had earnings of 26 cents per share. The company posted revenue of $45.7 million in the period. Its...

Alpine Income: Q1 Earnings Snapshot

Apr. 18, 2024 16:39 PM EDT

WINTER PARK, Fla. (AP) — WINTER PARK, Fla. (AP) — Alpine Income Property Trust, Inc. (PINE) on Thursday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in Winter Park, Florida,...

World Bank's Banga wants to make gains in tackling the effects of climate change, poverty and war

Apr. 18, 2024 16:01 PM EDT

WASHINGTON (AP) — There was no shortage of stressors to the global economy when Ajay Banga took charge at the World Bank almost a year ago: inflation eating at nations drowning in debt, a once-in-a-generation pandemic, climate disasters and Russia's invasion of Ukraine. Factor in...

Citizens: Q1 Earnings Snapshot

Apr. 18, 2024 09:18 AM EDT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Citizens Holding Co. (CIZN) on Thursday reported net income of $2.9 million in its first quarter. The bank, based in Philadelphia, said it had earnings of 51 cents per share. The bank posted revenue of $21.2 million in the...

Stock market today: Asian shares gain despite Wall Street's tech-led retreat

Apr. 18, 2024 00:12 AM EDT

Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the year. U.S. futures were lower, while oil prices gained. Tokyo's Nikkei 225 climbed 0.3% to 38,090.87 and the...

First Industrial Realty Trust: Q1 Earnings Snapshot

Apr. 17, 2024 17:09 PM EDT

CHICAGO (AP) — CHICAGO (AP) — First Industrial Realty Trust Inc. (FR) on Wednesday reported a key measure of profitability in its first quarter. The results missed Wall Street expectations. The Chicago-based real estate investment trust said it had funds from operations of $81.8...

Crown Castle: Q1 Earnings Snapshot

Apr. 17, 2024 16:55 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Houston, said it had funds from operations of...

SL Green: Q1 Earnings Snapshot

Apr. 17, 2024 16:29 PM EDT

NEWYORK, N.Y. (AP) — NEWYORK, N.Y. (AP) — SL Green Realty Corp. (SLG) on Wednesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations. The Newyork, New York-based real estate investment trust said it had funds from operations...

Rexford Industrial: Q1 Earnings Snapshot

Apr. 17, 2024 16:27 PM EDT

LOS ANGELES (AP) — LOS ANGELES (AP) — Rexford Industrial Realty Inc. (REXR) on Wednesday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Los Angeles-based real estate investment trust said it had funds from operations...

The First Bancorp Inc.: Q1 Earnings Snapshot

Apr. 17, 2024 16:27 PM EDT

DAMARISCOTTA, Mass. (AP) — DAMARISCOTTA, Mass. (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $6 million in its first quarter. The Damariscotta, Massachusetts-based bank said it had earnings of 54 cents per share. The bank posted revenue...