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	Lakeland Bancorp Announces First Quarter Results OAK RIDGE, N.J., April 19, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI ) (the Company), the parent company of Lakeland Bank (Lakeland), reported net income of $19.8 million and earnings per diluted share ('EPS') of $0.30 for the three months ended March 31, 2024 compared to net income of $19.8 million and diluted EPS of $0.30 for the three months ended March 31, 2023. For the first quarter of 2024, annualized return on average assets was 0.73%, annualized return on average common equity was 6.79% and annualized return on average tangible common equity (non-GAAP) was 8.91%. globenewswire - 12:00 Fri - story -
	First Merchants Co. (NASDAQ:FRME) Shares Sold by Strs Ohio Strs Ohio reduced its holdings in First Merchants Co. (NASDAQ:FRME – Free Report) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 162,652 shares of the bank’s stock after selling 9,800 shares during the quarter. Strs Ohio owned approximately 0.27% of First Merchants […] americanbankingnews - 11:02 Fri - story -
	Fifth Third Bancorp Reports Upbeat Earnings, Joins Metropolitan Bank Holding, Paramount Global And Other Big Stocks Moving Higher On Friday U.S. stocks were mixed, with the Nasdaq Composite falling over 100 points on Friday. Shares of Fifth Third Bancorp (NASDAQ: FITB ) rose during Friday's session after the company reported better-than-expected quarterly financial results . Fifth Third Bancorp posted adjusted earnings of 76 cents per share, beating market estimates of 70 cents per share. The company's sales came in at $2.100 billion versus expectations of $2.086 billion, according to data from Benzinga Pro . Fifth Third Bancorp shares gained 4.2% to $35.67 on Friday. Here are some other big stocks recording gains in today's session. Mobile-health Network Solutions (NASDAQ: Full story available on Benzinga.com benzinga - 14:40 Fri - story -
	These Analysts Revise Their Forecasts On D.R. Horton After Q2 Results D.R. Horton, Inc. (NYSE: DHI ) reported better-than-expected second-quarter financial results on Thursday . D.R. Horton posted GAAP EPS of $3.52, topping market estimates of $3.07. The company’s sales came in at $9.100 billion versus expectations of $8.266 billion, according to data from Benzinga Pro . D.R. Horton had 45,000 homes in inventory, of which 27,600 were unsold as of March 31, 2024. D.R. Horton updated FY24 outlook for revenue to $36.7 billion to $37.7 billion (prior view $36 billion-$37.3 ... Full story available on Benzinga.com benzinga - 13:08 Fri - story -
	Visa Enhances Payment Acceptance Solutions to Help Merchants Offer Best-in-Class Options . @Visa has enhanced its #payment #acceptance options, to adjust to consumer reliance on digital features to shop both online and in-store. The post Visa Enhances Payment Acceptance Solutions to Help Merchants Offer ‘Best-in-Class’ Options appeared first on The Fintech Times . thefintechtimes - 16:30 Fri - story -
	U.S. Bancorp (NYSE:USB) Shares Sold by Vontobel Holding Ltd. Vontobel Holding Ltd. cut its stake in shares of U.S. Bancorp (NYSE:USB – Free Report) by 16.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,952 shares of the financial services provider’s stock after selling 9,383 shares during the quarter. […] americanbankingnews - 16:02 Fri - story -
	Chino Commercial Bancorp Reports 6% Increase In Net Earnings CHINO, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the first quarter ended March 31, 2024. globenewswire - 17:08 Fri - story -
	Market Whales and Their Recent Bets on USB Options Investors with a lot of money to spend have taken a bullish stance on U.S. Bancorp (NYSE: USB ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with USB, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 15 uncommon options trades for U.S. Bancorp. This isn't normal. The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish. Out of all of the special options we uncovered, 4 are puts, for a total amount of $118,483, and 11 are calls, for a total amount of $384,666. Predicted Price Range Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a pr benzinga - 19:02 Fri - story -
	Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating The Bancorp, Inc. for potential violations of federal securities laws NEW YORK, April 19, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ('Wolf Haldenstein'), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Bancorp, Inc. ('TBBK' or the 'Company') (NASDAQ:TBBK)... prnewswire:443 - 14:30 Fri - story -
	Five Star Bancorp Declares First Quarter Cash Dividend RANCHO CORDOVA, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) (Five Star or the Company), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the 'Bank'), announced today the declaration of a cash dividend of $0.20 per share on the Companys voting common stock. The dividend is expected to be paid on May13, 2024, to shareholders of record as of May6, 2024. globenewswire - 16:30 Fri - story -
	PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS Highlights: Net Income: $6.1 million for Q1 2024 Revenue: $30.5 million for Q1 2024 Total Assets: $2.01 billion, decreased 0.7% from December 31, 2023 Total Loans: $1.79 billion, decreased 0.1% over December 31, 2023 Total Deposits: $1.56 billion, increased 0.7% from December 31, 2023... prnewswire:443 - 20:15 Fri - story - PKBK US
	Network18 Q4 Results: Loss widens to Rs 96 crore; revenue jumps 63% YoY Network18 Q4 Results: Segment-wise, TV news reported strong revenue growth during the quarter and full year, driven by an increase in advertising revenue across clusters. economictimes indiatimes - 12:15 Fri - story -
	How France Is Fighting Shrinkflation Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut. nytimes - 18:12 Fri - story -
	Lowey Dannenberg, P.C. is Investigating The Bancorp, Inc. ('TBBK' or the 'Company') (NASDAQ:TBBK) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating The Bancorp, Inc. ('TBBK' or the 'Company') (NASDAQ: TBBK ) for potential violations of the federal securities laws. The firm's investigation is in connection with a recent report by activist short seller Culper Research alleging that TBBK ... Full story available on Benzinga.com benzinga - 14:17 Fri - story -
	Apple Generated $23 Billion of Q1 2024 Revenue From Something Other Than Hardware Devices. Does That Make This Top Warren Buffett Stock a No-Brainer Buy? The tech giant is in the midst of diversifying its revenue base. fool - 6h ago - story - AAPL US
	Schlumberger posts profit gain for first quarter as revenue tops estimates International revenue for the oil-services company rose 18% to offset softness in North America, Schlumbergers CEO said. marketwatch - 14:30 Fri - story - SLB US
	3 Common Benchmarking Mistakes in Hotel Revenue Management Benchmarking is not a one-time exercise but a continuous process that requires patience and a broad view of your market The post 3 Common Benchmarking Mistakes in Hotel Revenue Management appeared first on Revenue Hub . revenue-hub - 14:48 Fri - story -
	High Wire Reports 2023 Revenue of $27.0 Million, with Annualized Recurring Revenue at $12.0 Million Q1 2024 Revenue Outlook of $7.7 Million+, up 58% Sequentially, Driving Positive Adjusted EBITDA Q1 2024 Revenue Outlook of $7.7 Million+, up 58% Sequentially, Driving Positive Adjusted EBITDA globenewswire - 21:10 Fri - story -
	Wipro Beats Revenue Expectations In Q4, Anticipates Steady Growth Driven By Tech Demand Technology services and consulting company Wipro Ltd (NYSE: WIT ) shares are trading higher after the company reported fourth-quarter results. The company reported gross revenue of INR222.1 billion ($2.67 billion), flat Q/Q, beating the consensus of $2.65 billion . EPS of 7 cents was in line with the consensus . IT Services revenue declined by 6.4% Y/Y to $2.66 billion. Adjusted constant currency IT Services segment revenue decreased by 6.6% Y/Y. IT Services' operating margin for ... Full story available on Benzinga.com benzinga - 14:17 Fri - story - WIT US
	Buy Pricol, target price Rs 495: Anand Rathi Pricol Ltd. key Products/Revenue Segments include Oil Pump, Other Operating Revenue, Traded Goods, Export Incentives, Other Services for the year ending 31-Mar-2023. economictimes indiatimes - 04:05 Fri - story -
	This CBD And Hemp Co. Reports 82% YoY Increase In 2023 Revenue, Thanks To Its 'International Appeal' Endexx Corporation (OTC: EDXC ) reported on Thursday an increase in 2023 revenue and expansion into new global markets. The Arizona-based company has expanded its presence in international markets. In its recent press release it highlighted revenue contributions from Italy, which accounted for 48% of total revenues. Continued strong performance in the U.S. and Russia further demonstrated Endexx’s broad international appeal, the company said. See also: CBD & Hemp Company’s 1013% YoY Revenue Increase, Will Raise More Money For ‘Aggressive Marketing’ FY 2023 Financial ... Full story available on Benzinga.com benzinga - 14:46 Fri - story -
	Oak Valley Bancorp Reports 1st Quarter Results OAKDALE, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the Company), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results for the first quarter of 2024. For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS). This compared to consolidated net income of $5,865,000, or $0.71 EPS, for the prior quarter and $9,225,000, or $1.12 EPS, for the same period a year ago. The net income decrease compared to prior periods was primarily the result of an increase in deposit interest expense. Average cost of funds increased to 68 bps as of March 31, 2024, compared to 55 bps for the prior quarter and 10 bps for the first quarter of 2023. This was partially offset by loan growth of $22.9 million over the prior quarter. globenewswire - 21:43 Fri - story -
	Is anyone else part of an accounting firm that basically just said 'Fuck ASC 842'? The partners of our firm basically just said, fuck this, this is a giant waste of time, clients don't care about it, the right of use assets and liabilities are meaningless, just put GAAP departures on all the compilation reports. Lol. submitted by /u/Steven_Cheesy318 [link] [comments] reddit - 19:23 Fri - story -
	Increase In Card Member Spending Boosts Amex Q1 Revenue, Company Eyes Steady Annual Growth American Express Co’s (NYSE: AXP ) first-quarter revenue (net of interest expense) grew 11% year-on-year to $15.80 billion, marginally beating the consensus of $15.79 billion . The increase was primarily due to higher net interest income and increased Card Member spending. EPS of $3.33 beat the consensus of $2.95 . Card Member spending or Billed Business grew 6% Y/Y to $367 million. Also Read: Mastercard Set to Increase Credit Card Fees, Adding Millions in Costs for Retailers After Visa Settlement U.S. Consumer Services revenue was $7.5 billion, up 14% year over year . Commercial Services revenue was $3.8 billion, up 8.4% year over year. International Card Services revenue was $2.7 billion, up 8.1% Y/Y, and Global ... Full story available on Benzinga.com benzinga - 12:30 Fri - story -
	Schlumberger's Strategic Expansion Pays Off: Surpasses Q1 Topline Expectations, Commits To $7B Shareholder Return Schlumberger N.V. (NYSE: SLB ) reported a first-quarter 2024 revenue increase of 13% year-over-year to $8.707 billion, beating the consensus of $8.689 billion. The company stated that almost half of the year-on-year revenue increase came from the Aker subsea business, which was added as part of our OneSubsea joint venture in the fourth quarter of 2023. Related: Schlumberger Expands Carbon Capture Reach Through Aker ACC Deal: Details Revenue by Division: Digital & Integration $953 million (+7% Y/Y); Reservoir Performance $1.725 billion (+15% Y/Y); Well Construction $3.368 billion (+3% Y/Y), and Production Systems $2.82 billion (+28% Y/Y). International revenue grew 18% Y/Y, with YoY growth of 29% in the Middle East & Asia and 18% in ... Full story available on Benzinga.com benzinga - 13:36 Fri - story - SLB US
	Stocks in news: Infosys, Wipro, Bajaj Auto, Jio Financial, HDFC AMC, Hindustan Zinc Software services exporter Infosys forecast annual revenue below expectations on Thursday as global macroeconomic uncertainty pressures client spending on discretionary projects. Revenue for Q4 grew just 1%, while profit was up 30%. economictimes indiatimes - 00:39 Fri - story - INFY US
	Private Bancorp of America, Inc. Announces Strong Net Income and Earnings Per Share for First Quarter 2024 First Quarter 2024 Highlights globenewswire - 09:00 Fri - story -
	Netflix slides 7% as move to end sharing user count sparks growth worries Netflix added new customers in the first quarter, but its second-quarter revenue forecast missed market expectations of $9.54 billion late on Thursday. It also decided not to report subscriber additions and average revenue per member from the first quarter of 2025. economictimes indiatimes - 13:44 Fri - story - NFLX US
	Netflix Shifts Strategy, Ends Reporting Subscriber Numbers to Focus on Profit and Revenue In an unpredicted move on Thursday, Netflix said that it no longer report quarterly subscriber numbers and average revenue per membership starting in the first quarter of 2025. This is a decision interpreted as a signal that the streaming giant may be reaching a plateau in its years-long battle for customers in the streaming landscape. The post Netflix Shifts Strategy, Ends Reporting Subscriber Numbers to Focus on Profit and Revenue appeared first on Industry Leaders Magazine . industryleadersmagazine - 07:31 Fri - story - NFLX US
	Netflix doesnt want you to know how many subscribers it has anymore Netflix has revealed that in 2025, it plans to no longer publically disclose how many people have signed up for its service or how much revenue it generates from each subscriber. Instead, the streaming platform says it will highlight revenue growth and the amount of time users spend streaming content on the platform. “In our […] mobilesyrup - 18:40 Fri - story - NFLX US