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JSB Financial Inc. Reports 2025 Full Year and Fourth Quarter Earnings Results
SHEPHERDSTOWN, W.Va.--(BUSINESS WIRE)--JSB Financial Inc. (the Company) (OTCID: JFWV), the bank holding company of Jefferson Security Bank (the Bank), reported consolidated net income for the year ended December 31, 2025 of $4.2 million, representing an increase of $60 thousand or 1.5% when compared to $4.1 million for the year ended December 31, 2024. Basic and diluted earnings per common share were $16.17 and $15.94 for the years ended December 31, 2025 and 2024, respectively. Return on avera...
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Mid Penn Bancorp, Inc. and 1st Colonial Bancorp, Inc. Receive Regulatory Approvals for Merger
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank, and 1st Colonial Bancorp, Inc. (“1st Colonial”) (OTCPK: FCOB), the parent company of 1st Colonial Community Bank, announced today that they have received all required regulatory approvals to complete the previously announced transaction pursuant to which Mid Penn will acquire 1st Colonial in a cash and stock transaction valued at approximately $101 million. Pending receipt o...
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Acadia Realty Trust Announces Key Promotions and Changes to Management Team
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced the year-end promotions for the following professionals to support its continued growth: AJ Levine has been promoted to Executive Vice President, Leasing and Development. In his role, Mr. Levine will continue to lead leasing and development initiatives while assuming oversight of the Company’s property management and marketing teams, further supporting the Company’s internal growth strategy....
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Covenant Raises over $1.1 Billion for 12th Value-Add Fund, Affordable Housing Sidecar
NASHVILLE, Tenn.--(BUSINESS WIRE)--Covenant Capital Group (“Covenant”), a leading value-add multifamily real estate investment firm, today announced the final close of Covenant Apartment Fund XII, L.P. (“Fund XII”) with $860.35 million in capital commitments—the largest fundraise in the firm’s 25-year history. In addition, Covenant created a sidecar vehicle for Fund XII, the Covenant Affordable Housing Fund, with $269.73 million in committed capital. The combined capital raised by Covenant for...
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Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock, which compares to the prior dividend of $0.262 as adjusted for the 5% stock dividend that was paid on December 16, 2025. This represents an increase in the quarterly dividend per share of 5% and marks the 58th consecutive year that the Company has increased its regular cash dividend per share. The...
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ACI Worldwide, Inc. To Release Financial Results for the Quarter and Year Ending December 31, 2025
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced today that it will report its financial results for the fourth quarter and full year 2025 on Thursday, February 26, 2026. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ To join the live audio call, please dial +1 (800) 715-9871, p...
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KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)--KBRA releases the January 2026 issue of CMBS Trend Watch. The commercial real estate (CRE) securitization market has remained hot, even while much of the country has been in a deep freeze. Commercial mortgage-backed securities (CMBS) private-label issuance was $7.9 billion (13 deals) in January, and CRE collateralized loan obligation (CLO) issuance made a meaningful contribution of $7.5 billion (seven deals), representing 48% of total CRE securitization issuance. Base...
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KBRA Assigns AAA Rating to State of Wisconsin General Obligation Refunding Bonds of 2026 Series 1 and 2027 Series 1 (Forward Delivery)
NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA with a Stable Outlook to the State of Wisconsin General Obligation Refunding Bonds of 2026, Series 1 and General Obligation Refunding Bonds of 2027, Series 1 (Forward Delivery). Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Strength and breadth of the G.O. pledge, coupled with liquidity and market access to support short-term debt. Trend of conservative budgets, str...
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Alternatives Are No Longer Optional: PICTON Earns Six FundGrade A+ Awards
TORONTO--(BUSINESS WIRE)--PICTON Investments is proud to announce that six of its investment strategies have been recognized at the annual Fundata Canada Inc. (Fundata) FundGrade A+® Awards, underscoring the firm’s leadership and consistent performance in alternative investment solutions. “We’re honoured to have our investment strategies recognized once again,” said David Picton, Chief Executive Officer, PICTON Investments. “This acknowledgment is a reflection of the dedication and expertise of...
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Wells Fargo Launches Ad with Comedian and Actor Marcello Hernández Ahead of Big Game
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo is returning to the Big Game with the launch of “Celebrating Every Win,” a new advertising campaign that showcases how the Wells Fargo Mobile Banking app helps customers achieve personal financial victories. The campaign features comedian and actor Marcello Hernández. Created in partnership with BBDO New York and directed by Jess Coulter of O Positive, the campaign pays tribute to everyday financial wins – like growing savings or sticking to a budget....