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Equity Bancshares, Inc. Adds to Missouri Franchise, Will Acquire Bank of Kirksville

Benzinga

06, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. NYSE: EQBK ) ("Equity" or the "Company"), the Wichita-based holding company of Equity Bank, announced today its entry into a definitive merger agreement with Rockhold Bancorp ("Rockhold"), the parent company of the Bank of Kirksville in Kirksville, Missouri.

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Data Update 5 for 2023: The Earnings Test

Musings on Markets

Finally, I look at the aggregated values across all companies on all three income measures, across all global companies, again broken down by sector: Collectively, global companies reported $16.9 billion in gross profit in the last twelve months leading into 2023, but operating income drops off to $6.4

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Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

In this post, I will begin by looking at how to value banks and follow up with an examination of investor views of banking have changed, by looking at pricing, before examining divergences in how banks are priced in the market today. All Equity, All the time!

Banking 63
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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

In this post, I will focus on corporate debt in 2023, keeping in mind that it was a year where the tradeoffs changed, as interest rates rose to pre-2008 levels, and putting at risk those firms that had borrowed to capacity, or even beyond, at low interest rates.

Equity 52
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Coty Divests 3.6% Stake In Wella Brand For $150M

Benzinga

stake in Wella for $150 million, reflecting a 4% premium to the book value of Wella as of March 31, 2023. Coty Inc (NYSE: COTY ) has entered into a binding letter of intent to sell a portion of its Wella beauty and hair care brand stake to investment firm IGF Wealth Management. Coty will sell a 3.6%

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Salisbury Bancorp, Inc. Reports Results for First Quarter 2023; Declares 16 Cent Dividend

Benzinga

and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 Non-performing Assets were 0.14% of Total Assets at March 31, 2023 Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., million, or 1.8%

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Banc of California and PacWest Announce Transformational Merger and $400 Million Equity Raise from Warburg Pincus and Centerbridge

Benzinga

July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. Financial Benefits of the Merger The financial benefits of the transaction are compelling, with estimated 2024 EPS and tangible book value accretion of 20+% and ~3%, respectively. and BEVERLY HILLS, Calif.,

Equity 40