Feed aggregator

KBRA Assigns Preliminary Ratings to A&D Mortgage Trust 2025-NQM3 (ADMT 2025-NQM3)

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 7 classes of mortgage pass-through certificates from ADMT 2025-NQM3, a $445.5 million non-prime RMBS transaction. The underlying collateral, comprising 1,285 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 747 and exhibit notable equity in each mortgaged property, with a WA

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended June 30, 2025

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended June 30, 2025. Second Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.21 per share compared to $12.45 per share as of March 31, 2025 ~95% of the portfolio is rated green on our internal heatmap Increased senior oriented asse

The Bancorp, Inc. and The Bancorp Bank, N.A. Receive Upgraded Ratings from KBRA

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (NASDAQ: TBBK) today announced that Kroll Bond Rating Agency, LLC (“KBRA”) has upgraded multiple long- and short-term credit ratings for both The Bancorp, Inc. (the “Company”) and its wholly owned subsidiary, The Bancorp Bank, N.A. (the “Bank”) (collectively “The Bancorp”). For the Company, KBRA upgraded the senior unsecured debt rating to BBB+ from BBB, the subordinated debt rating to BBB from BBB-, and the short-term debt rating to K2 from

$90K Grant from FHLB Dallas and Arvest Bank to Fund Affordable Duplexes

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
FORT SMITH, Ark.--(BUSINESS WIRE)-- #affordablehousing--Federal Home Loan Bank of Dallas (FHLB Dallas) provided a $90,000 Affordable Housing Program (AHP) grant through Arvest Bank to Community Rescue Mission to assist with the construction of six affordable duplexes, which were celebrated with a groundbreaking ceremony today. Community Rescue Mission is a nonprofit, faith-based organization that provides shelter, meals and transitional living quarters to help people without housing in Fort Smith, Arkansas. The Mil

Finance of America Announces Repurchase of Blackstone Equity Stake and Repayment of Working Capital Facility

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it has fully paid off its outstanding working capital facility and entered into a definitive agreement to repurchase the entirety of Blackstone’s equity stake in the Company. In addition, Finance of America announced a new convertible debt facility with multiple long-term su

Bakkt Schedules Conference Call to Discuss Second Quarter 2025 Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it will release its second quarter 2025 results on Monday, August 11, 2025, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/400104648 or dial in at (833) 470-1428 o

Citizens Financial Group, Inc. Declares Dividends on Preferred Stock

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on October 6, 2025, to preferred shareholders of record at the close of business on September 19, 2025: a quarterly cash dividend of $19.06760917 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $19.45688694 per

Semrush Announces Second Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
BOSTON--(BUSINESS WIRE)--Semrush announces second quarter (Q2) 2025 financial results.

Trinity Place Holdings Inc. Reports Second Quarter Financial Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (OTC PINK: TPHS) (the "Company," "we," "our," or "us") today announced operating results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Results Revenue for the second quarter of 2025 was $0.0 million, a decrease of 100%, as compared to revenue of $0.4 million in the same period of the prior year. Net loss was $0.5 million, or $(0.01) per share, for the second quarter of 2025, as compared to net loss of $1.7 millio

Corebridge Financial Announces Second Quarter 2025 Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2025. Kevin Hogan, President and Chief Executive Officer, said, “Corebridge delivered another quarter with very strong financial results and remains focused on driving shareholder value, as demonstrated by our variable annuity reinsurance transaction that further positions our company for the future. “Year over year, adjusted pr

LTC Reports 2025 Second Quarter Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $LTC #LTC--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the second quarter ended June 30, 2025.                   Three Months Ended     June 30, (unaudited, amounts in thousands, except per share data)   2025   2024 Total revenues   $ 60,240   $ 50,116 Net income available to common stockholders   $ 14,938   $ 1

Universal Display Corporation Announces Participation at Upcoming Conferences

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced participation at the upcoming Oppenheimer and Citi investor conferences, as well as the K-Display and IMID industry conferences.

Equity Residential Reports Second Quarter 2025 Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2025. Second Quarter 2025 Results All per share results are reported as available to common shares/units on a diluted basis.                                     Quarter Ended June 30,           2025     2024     $ Change     % Change       Earnings Per Share (EPS)   $ 0.50     $ 0.47     $ 0.03       6.4 %     Funds from Operations (FFO) per share   $ 0.98     $ 0.94    

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0380 per share of common stock, payable on September 2, 2025 to shareholders of record at the close of business on August 18, 2025. The ex-dividend date is August 18, 2025. The previous distribution announced in July was $0.0380 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its proj

Golub Capital BDC, Inc. Announces Fiscal Year 2025 Third Quarter Financial Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its third fiscal quarter ended June 30, 2025. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS                   (in thousands, except per share data)      

Saba Capital Reaches Agreements with the Eaton Vance California Municipal Bond Fund and the Eaton Vance New York Municipal Bond Fund

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), which is the largest shareholder of the Eaton Vance California Municipal Bond Fund (NYSE: EVM) and of the Eaton Vance New York Municipal Bond Fund (NYSE: ENX) (collectively, the “Funds”), today announced that it has entered into standstill agreements (collectively, the “Agreements”) with Eaton Vance Management with respect to the Funds. Consistent with the terms of the Agreements, Eaton V

Paymentus Reports Second Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended June 30, 2025. “Paymentus once again delivered strong quarterly results that exceeded our expectations, with growth in revenue, contribution profit and adjusted EBITDA of 41.9%, 22.3% and 40.7% year-over-year, respectively. We ended the quarter with significant momentum

Better.com Selected as Finalist for the 2025 Finovate Awards

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR), the AI-powered homeownership company, today announced it has been selected as a finalist for the 2025 Finovate Awards in the Best Consumer Lending Solution category. The Finovate Awards honors financial institutions and companies driving innovation forward across lending, payments, financial inclusion, UX/CX, and more. Winners will be announced during FinovateFall in New York City this fall. The Best Consumer L

Air Lease Announces Second Quarter 2025 Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announces financial results for the three and six months ended June 30, 2025. “We had a strong quarter bolstered by our new aircraft deliveries, healthy gains on sales, increasing portfolio yield, and significant Russia insurance recoveries. Demand for aircraft, both on the leasing and sales side, remains robust and bodes well for margin expansion,” said John L. Plueger, Chief Executive Officer and President. Second Quarter 2025 Results The fol

ZoomInfo Announces Second Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the Go-To-Market Intelligence Platform, today announced its financial results for the second quarter ended June 30, 2025. “We continued to deliver on our AI and data focused innovation roadmap resulting in another quarter of strong financial results,” said Henry Schuck, ZoomInfo Founder and CEO. “We are improving renewal and retention rates, expanding relationships with our largest customers, accelerating growth Upmarket, and embedding

Pages