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Office Properties Income Trust Announces First Quarter 2025 Results
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call discussing OPI's first quarter results will be held on Thursday, May 1, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418 (
Alight Declares Quarterly Cash Dividend
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share on outstanding Class A Common Stock, payable on June 16, 2025 to shareholders of record as of the close of business on June 2, 2025. About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many of the
Rand Capital Announces $0.29 per Share Cash Dividend for Second Quarter 2025
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about June 13, 2025, to shareholders of record as of May 30, 2025. Rand has approximately 3 million shares outstanding. Additional Information Regarding Divide
Redwood Trust Reports First Quarter 2025 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended March 31, 2025. Key Q1 2025 Financial Results and Metrics GAAP book value per common share was $8.39 at March 31, 2025, relative to $8.46 per share at December 31, 2024 Economic return on book value of 1.3% for the first quarter(1) GAAP net income related to common stockholde
OFG Bancorp Announces New $100 Million Share Repurchase Plan
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $100 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulation
TFS Financial Reports Second Quarter and 2025 Fiscal Year-To-Date Results
CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the "Company", "we", "our"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the quarter and six months ended March 31, 2025. “Our second quarter earnings reflect our ability to successfully operate in any economic climate,” said Chairman and CEO Marc A. Stefanski. “My optimism for this year continues to be reinforced by the success we have seen
Elmer Bancorp, Inc. Announces First Quarter 2025 Financial Results
ELMER, N.J.--(BUSINESS WIRE)--ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the quarter ended March 31, 2025. For the three months ended March 31, 2025, Elmer Bancorp reported net income of $1.079 million, or $0.94 per average diluted common share, compared to $631,000, or $0.55 per average diluted common share for the quarter ended March 31, 2024. Net interest inc
MetLife Announces 1Q 2025 Results
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced its first quarter 2025 results. Earnings Per Share Return on Equity (ROE) 1Q 2025 1Q 2025 Net Income $ 1.28 ROE 14.9 % Adjusted Earnings $ 1.96 Adjusted ROE 14.4 % Net income increased 10% to $879 million. Premiums, fees and other revenues (PFOs) increased 14% to $13.6 billion. Adjusted earnings rose 1% to $1.3 billion. Higher life underwriting margins, volume growth and variable investment income were partially offset
MetLife Announces New $3 Billion Share Repurchase Authorization
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the approximately $360 million remaining under the company’s prior authorization announced in May 2024. “This new share repurchase authorization and the 4.1% increase in our common stock dividend that we announced earlier this month reflect MetLife’s financial strength
MetLife Announces $10 Billion Variable Annuity Risk Transfer Transaction
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it has entered into an agreement with Talcott Resolution Life Insurance Company (Talcott), a life insurance and annuities subsidiary of Talcott Financial Group, to reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves. The combined value of the transaction is expected to be approximately $250 million consisting of both ceding commission and capital released over time. The planned reinsurance tra
OFG Bancorp Declares Regular Quarterly Common Stock Dividend
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share for the quarter ending June 30, 2025. The dividend is payable July 15, 2025, to holders of record at June 30, 2025, with an ex-dividend date of June 30, 2025. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands
Visa and Bridge Partner to Make Stablecoins Accessible for Everyday Purchases
SAN FRANCISCO--(BUSINESS WIRE)--Stablecoins – once a technology confined to crypto communities – are making their way into headlines, dinner party conversations and soon, everyday transactions. Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a Stripe company, today announced a new card-issuing product. Fintech developers using Bridge can now offer stablecoin-linked Visa cards to their end customers in multiple countries through a s
Find and Buy with AI: Visa Unveils New Era of Commerce
SAN FRANCISCO--(BUSINESS WIRE)--AI is transforming how we shop and pay. Visa is bringing the power of its network and decades-long expertise to bring trust and security to AI-driven commerce. Introduced today at the Visa Global Product Drop, Visa Intelligent Commerce enables AI to find and buy. It is a groundbreaking new initiative that opens Visa’s payment network to the developers and engineers building the foundational AI agents transforming commerce. “Soon people will have AI agents browse,
The Future is Here: Visa Announces New Era of Commerce Featuring AI
SAN FRANCISCO--(BUSINESS WIRE)--The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of new strategic partnerships and product innovations. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and relentlessly innovating,” said Visa CEO Ryan McInerney. “We are taking the power of our network and our decades-long expertise
Court Approves Universal Distribution LLC and Ad Populum Bid to Acquire Diamond Comic Distributors and Related Assets
HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the United States Bankruptcy Court for the District of Maryland (“the Court”) has approved a combined bid by Universal Distribution LLC (“Universal”) and Ad Populum to acquire the assets of Diamond Comic Distributors. Under the agreement, Universal will acquire the assets of Alliance Game Distributors, and Ad Populum will acquire the assets of Diamond Comic Distributors, Diamond Book
D.A. Davidson Names Eric Stetler as Head of Diversified Industrials Group, Investment Banking
CHICAGO--(BUSINESS WIRE)--D.A. Davidson & Co. today announced that Eric Stetler has been named Head of the Diversified Industrials Group while continuing his role as Head of Mergers & Acquisitions within the firm’s Investment Banking division. In this role, Stetler will lead the group’s strategy, working closely with both private and institutional backed clients across the platform. He has played a key role in building out the Diversified Industrials platform through sector coverage and
KBRA Releases Research – The Forward Look—U.S. Credit Insights Q2 2025
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases a new quarterly report highlighting our Chief Strategist Van Hesser’s view on key economic indicators, as well as what he identifies as the most influential factors driving credit markets in the upcoming quarter. The report also examines credit market valuations in the context of current and future market conditions. KBRA expects key factors driving credit market conditions in Q2 to include reduced visibility due to policy uncertainty, loosening developm
Berkshire Partners Managing Director Chris Hadley Named to GrowthCap’s Top Healthcare Investors of 2025
BOSTON--(BUSINESS WIRE)--Berkshire Partners is delighted to announce that Managing Director Chris Hadley has been named a Top Healthcare Investor of 2025 by GrowthCap. This recognition highlights Mr. Hadley’s deep expertise in healthcare investing and his consistent delivery of strategic and operational insights to Berkshire’s portfolio companies. Mr. Hadley has served as a pivotal member of Berkshire’s team for over 26 years, earning a reputation as a respected and skilled professional. His ab
FB Financial Corporation Declares Regular Quarterly Dividend
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.19 per share. The dividend is payable on May 27, 2025, to shareholders of record as of May 13, 2025. “We are pleased to declare our 29th consecutive quarterly dividend to our shareholders,” stated Christopher T. Holmes, President and Chief Executive Officer. “This dividend reflects our continued commitment to returning capital to our shareh
Payoneer to Participate in the JP Morgan 53rd Annual Global Technology, Media and Communications Conference
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that John Caplan, Chief Executive Officer, will participate in a fireside chat at the JP Morgan 53rd Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 beginning at approximately 8:00AM ET. Investors and interested parties can access the live webcast and replay of the presentation by visiting the Co