Quarter – Hobart Loans

Banking institutions are predicted to increase their reserve cash for undesirable loans – recognised as provisions for credit history losses, or PCLs – in anticipation...

Financial Services

Burke & Herbert Financial Services Corp. Announces Fourth Quarter and Full Year 2022 Earnings

Philip Riddle

January 27, 2023

Declares Common Stock DividendALEXANDRIA, Va., Jan. 27, 2023 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company") (OTCPK: BHRB) reported financial results for the...

Financial Services

Discover Financial Services Reports Fourth Quarter 2022 Net Income of $1.0 Billion or $3.77 Per Diluted Share and Full Year Net Income of $4.4 Billion or $15.50 Per Diluted Share

Philip Riddle

January 19, 2023

Board of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common StockRIVERWOODS, Ill., January 18, 2023--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS):Fourth Quarter...

Bank Loans

VERSABANK REPORTS RECORD FOURTH QUARTER AND FISCAL 2022 FINANCIAL RESULTS

Philip Riddle

December 8, 2022

– Fourth Quarter and Fiscal 2022 Highlighted by Another Record Loan Portfolio and Record Revenue, Net Interest Income and Net Income – VersaBank's 2022 annual...

Bank Loans

NY Fed: Consumer debt rises in third quarter on strong demand, high inflation

Philip Riddle

November 16, 2022

Nov 15 (Reuters) - Americans ongoing to just take on personal debt for the duration of the fourth quarter amid a surge in credit card...

Business Finance

New Mountain Finance Corporation Announces Third Quarter Financial Results

Philip Riddle

November 9, 2022

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...

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Burke & Herbert Financial Services Corp. Announces Fourth Quarter and Full Year 2022 Earnings

VERSABANK REPORTS RECORD FOURTH QUARTER AND FISCAL 2022 FINANCIAL RESULTS

NY Fed: Consumer debt rises in third quarter on strong demand, high inflation

New Mountain Finance Corporation Announces Third Quarter Financial Results