Benzinga

DECEMBER 26, 2023

Royal Bank Of Canada (NYSE: RY ) received approval to acquire HSBC Holdings, Plc. 's 's (NYSE: HSBC ) domestic unit, keeping more of Canada's banking sector in Canadian hands. The company is also planning to pay a special dividend of $0.21 billion ($10.2 HSBC Group's estimated pre-tax gain is $5.7

Banking 52

Banking Dividends Equity Marketability 52

Chris Mercer

AUGUST 1, 2022

This eleventh post in the Deja Vu series involving restricted stock studies addresses an issue that is rarely mentioned in the context of the studies – of the impact of dividends on restricted stock discounts (RSDs). Of these 244 transactions, only 24 involved companies that paid dividends, or less than 10% of the transactions.

Dividends 52

Dividends Appraisal Marketability Start-ups 52

Benzinga

APRIL 26, 2023

Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its first quarter ended March 31, 2023. stated, "Our financial results for the first quarter were impacted by the challenging banking and macro-economic environment. million, or 1.8%

Dividends 40

Dividends Banking Equity Book Value 40

Financial Times M&A

SEPTEMBER 13, 2022

Swiss bank to lift shareholder returns days after pulling out of deal to buy fintech Wealthfront

Dividends 96

Dividends Banking 96

Benzinga

APRIL 28, 2023

NASDAQ: MPB ) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2023 of $11.2 million in dividends during the first quarter of 2023. HARRISBURG, Pa.,

Dividends 40

Dividends Banking Book Value Equity 40

Harvard Corporate Governance

DECEMBER 22, 2023

Skinner, Ropes & Gray LLP, on Monday, December 18, 2023 Tags: AFFT , ESG , Fiduciary duties , fossil fuels , New York City Evolving Notions of Board Effectiveness Posted by Richard Alsop, Shearman & Sterling LLP, on Tuesday, December 19, 2023 Tags: Board composition , Board culture , board effectiveness , Board leadership , Board performance (..)

Dividends 100

Dividends Banking Compliance 100

Brian DeChesare

AUGUST 10, 2022

With the possible exception of FIG , oil & gas investment banking generates the highest number of panicked emails and questions. But before delving into the exit opportunities and the long-term outlook, let’s start with the fundamentals: Oil & Gas Investment Banking Defined. Recruiting into Oil & Gas Investment Banking.

Banking 94

Banking EBITDA Dividends Equity 94

Law 360 M&A

FEBRUARY 14, 2024

A New York Community Bank investor has brought a proposed class action alleging that executives falsely boasted of the bank's financial condition after making two large acquisitions, when the deals in fact weighed down its balance sheet and led to a significant dividend reduction.

Dividends 40

Dividends Banking 40

Benzinga

FEBRUARY 13, 2023

13, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. Additionally, First Miami shareholders will receive a special cash dividend at closing from net proceeds of the sale of certain investment securities held by First Miami. GREENVILLE, S.C. and SOUTH MIAMI, Fla., NASDAQ: UCBI ) ("United") and First Miami Bancorp, Inc.

Banking 40

Banking Book Value Dividends Marketability 40

Benzinga

MARCH 28, 2024

("IFH") (OTCQX: IFHI ) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock transaction valued at $66 million, exclusive of the value of a dividend to be received by IFH shareholders at or immediately prior to closing. and Capital Bank.

Banking 40

Banking Dividends Book Value Equity 40

Benzinga

FEBRUARY 23, 2023

OTCQX: WAYN ) ("Wayne"), the holding company of Wayne Savings Community Bank and Main Street Financial Services Corp. OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp., OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp., as of February 22, 2023.

Banking 40

Banking Dividends Market Capitalization Marketability 40

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. billion and deposits of around GBP 6.7 (USD

Dividends 52

Dividends Banking Equity Market Capitalization 52

Brian DeChesare

AUGUST 31, 2022

Traditionally, if someone asked the “ sales & trading vs. investment banking ” question, the response was easy: “Do banking unless you really, really like trading and could not imagine doing anything else.”. Investment Banking: 13%. billion, up from $4.7 billion, so your $2,000 of convertible bonds would be up by ~14%.

Banking 73

Banking Risk-free Rate Equity Start-ups 73

Harvard Corporate Governance

OCTOBER 7, 2022

Know Your Customer: Informed Trading by Banks. Tags: ESG , Germany , Insider trading , Investment banking , Volcker Rule. Stock Buyback Tax Raises Questions as to Application and Practical Effect. Posted by Joe Soltis, Claude Stansbury, and Robert Scarborough, Freshfields Bruckhaus Deringer LLP, on Saturday, October 1, 2022.

Compliance 189

Compliance Dividends Banking Equity 189

Valutico

MARCH 28, 2023

The collapse of SVB had a ripple effect through the banking sector, leading investors to fear that other banks could follow suit. Deposit holders are fleeing the banking chaos, and investors are seeking stable havens until the storm passes. As of now, UBS is offering a dividend of USD 0.55 billion in the short term.

Banking 52

Banking Dividends Equity Marketability 52

Law 360 M&A

SEPTEMBER 13, 2022

Swiss bank UBS Group AG said Tuesday it plans to further increase its $5 billion share buyback program and boost its dividend by 10% after its planned $1.4 billion acquisition of automated wealth manager Wealthfront fell through.

Dividends 40

Dividends Banking 40

Andrew Stolz

NOVEMBER 17, 2021

companies have distributed more money through buybacks than through dividends. A second method is when the company uses its own cash and cash borrowed from a bank. This is usually done in concert with the company’s banks and investment banks. This pushes companies to buy back shares rather than issue dividends.

Dividends 52

Dividends Banking Capital Structure Start-ups 52

Benzinga

OCTOBER 26, 2023

More recently, Old National added a Nashville-based Commercial banking and lending team. Old National has hired market-leading individuals we are well familiar with, and shareholders greatly benefit from a material increase in dividends and daily trading volume while receiving a very attractively priced stock with strong potential for upside."

Banking 40

Banking Dividends Marketability 40

ThomsonReuters

OCTOBER 12, 2023

Passive income, such as interest, dividends, and rental income, does not qualify for the FEIE. It does not apply to other types of foreign income, such as rental income, dividends, interest, or capital gains, which may be subject to different tax rules and may not be eligible for the FEIE. To report foreign dividend income on your U.S.

Dividends 40

Dividends Compliance Banking Accounting Firms 40

Equilest

NOVEMBER 25, 2023

Uncover the intricacies of financial modeling, from understanding fundamental concepts like Free Cash Flow to Firm and Dividend Discount Model, to navigating advanced methodologies such as LBO and DCF. These interviews are not just a mere formality but a critical component of the hiring process in finance, investment banking, and consulting.

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Benzinga

JULY 26, 2022

July 26, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the "Company" or "First National") (NASDAQ: FXNC ), the bank holding company of First Bank (the "Bank"), reported unaudited consolidated net income of $3.8 STRASBURG, Va., million, or $0.61 per basic and diluted share, for the second quarter of 2022.

Banking 40

Banking Dividends Marketability Equity 40

Benzinga

NOVEMBER 10, 2022

In connection with the closing of the proposed transaction, Yumanity plans to distribute the remaining available cash proceeds from the sale to Yumanity stockholders via a one-time dividend, net of any amounts retained for outstanding obligations and net cash requirements associated with the proposed merger between Yumanity and Kineta.

Dividends 40

Dividends Banking Equity 40

Musings on Markets

JANUARY 11, 2024

I started in the MBA program at University of California at Los Angeles (UCLA) in 1979, at the tail-end of its basketball glory days, fully expecting to move on to a career in consulting or investment banking, when I was done.

Corporate Finance 128

Corporate Finance Finance Start-ups Dividends 128

Brian DeChesare

OCTOBER 26, 2022

For example, if the company claims it will generate $5 billion of Free Cash Flow and use it to repay $1 billion of Debt and issue $4 billion in Dividends, is that realistic? Banks like to test this topic because it’s a quick way to assess who’s proficient in Excel, accounting, and financial modeling. Dividends / Net Income).

Dividends 72

Dividends Start-ups Finance Equity 72

Andrew Stolz

AUGUST 7, 2020

A secondary conflict is that managers want to re-invest profits in the business, while shareholders may prefer more dividends paid out. Shareholder value is created from the manager’s ability to generate a growing stream of profit, which can be accumulated in the business or paid out to shareholders as dividends.

Dividends 52

Dividends Corporate Finance Finance Banking 52

Benzinga

DECEMBER 5, 2022

Immediate Market Premium to Salisbury Shareholders and an approximate 40% dividend improvement; Strong Earnings Accretion to Combined Shareholder Base. Salisbury is a premier community bank franchise headquartered in Lakeville, CT and had assets of $1.51 Additional Scale in Combined Connecticut Footprint. billion, deposits of $1.33

Intangible Assets 40

Intangible Assets Banking Dividends Marketability 40

Brian DeChesare

JANUARY 3, 2024

Within equities , I started the year with many value-oriented, international, and high-dividend stocks. I expect far more volatility than in 2023, which was fairly calm except for the Credit Suisse and Silicon Valley Bank failures in March. Cash now earns 4 – 5%, but that’s barely above the dividend yield on many stock indices.

Marketability 59

Marketability Start-ups Equity Dividends 59

Benzinga

APRIL 21, 2024

Tyman shareholders will also be entitled to receive the final dividend of 9.5 The Acquisition is not subject to any financing contingency, with Quanex having attained fully committed financing from Wells Fargo Bank, N.A., Bank of America Securities and TD Bank. pence per Tyman share, as declared by Tyman on March 7, 2024.

Banking 45

Banking Finance Enterprise Value Dividends 45

Brian DeChesare

JANUARY 19, 2022

FSG Investment Banking: What the Financial Sponsors Group Does The Financial Sponsors Group vs. the Financial Institutions Group The Financial Sponsors Group vs. Leveraged Finance vs. Debt Capital Markets Recruiting: Who Gets Into the Financial Sponsors Group? Table Of Contents. normal, non-wealthy individuals).

Private Equity Firm 84

Private Equity Firm Banking Equity Finance 84

Benzinga

OCTOBER 17, 2023

Following the exchange of Subscription Receipts for common shares of Peyto, former holders of Subscription Receipts will be entitled to receive the dividend to be paid to holders of record of common shares on October 31, 2023 (provided they have not transferred the Common Shares prior to such date) with payment occurring on November 15, 2023.

Dividends 40

Dividends Finance Banking 40

Benzinga

JULY 3, 2023

The Hague, July 4, 2023 - Aegon today announces the completion of the combination of its Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r., 's dividend policy, certain dilutive transactions, and certain M&A transactions, remains unchanged.

Dividends 40

Dividends Banking Marketability 40

Benzinga

OCTOBER 24, 2023

The Company has received $275 million in financing commitments from CoBank, Bank of America, Citizens Bank, N.A., and Fifth Third Bank, N.A. The dividend can be paid in cash or in-kind at the option of the Company. The purchase price, less present value of tax benefits, represents: 12.9x

EBITDA 40

EBITDA Banking Finance Dividends 40

Andrew Stolz

MARCH 20, 2020

A firm borrows from banks or bondholders and it has to pay the interest. Usually, the retail investors or institutional investors would look only for capital gains or regular income in the form of dividends while investing and would not generally look to buy stocks in larger quantities so as to get a controlling stake over the company.

Beta 52

Beta Capital Structure Risk-free Rate Weighted Average Cost of Capital 52

Benzinga

OCTOBER 31, 2022

31, 2022 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ: PTRS ) (the "Company"), the parent company of The Bank of Delmarva ("Delmarva"), Seaford, Delaware, and Virginia Partners Bank ("Virginia Partners"), Fredericksburg, Virginia, reported net income attributable to the Company of $4.1 with OceanFirst Bank surviving each bank merger.

Banking 40

Banking Dividends Marketability Equity 40

Benzinga

JUNE 14, 2023

billion in place with Royal Bank of Canada, BMO Capital Markets, and JPMorgan Chase Bank N.A., The Dividend Equivalent Payment will be made on the later of the closing date of the Transaction and the date the dividend is paid to holders of Common Shares. Toronto Branch (collectively the "Bridge Lenders").

Dividends 40

Dividends Equity Finance EBITDA 40

Valutico

MAY 27, 2022

The analysts of the US bank JP Morgan consider it very likely that the deal will go through. Analysts seem to think that the above approach will pay dividends in the future, as the consensus average sales growth over the next five years is expected to be roughly double that of its competitors (i.e. Swedish kronor on Wednesday morning.

Dividends 52

Dividends Banking Marketability 52

Musings on Markets

SEPTEMBER 27, 2022

By the start of 2022, the window for early action had closed and for much of this year, inflation has been the elephant in the room, driving markets and forcing central banks to be reactive, and its presence has already induced me to write three posts on its impact.

Risk Premium 74

Risk Premium Treasury Start-ups Equity 74