Financial Services – Sznurki Tue, 04 May 2021 14:50:30 +0000 en-US hourly 1 Financial Services – Sznurki 32 32 Enterprise Financial Services Corp Announces Share Buyback Program Tue, 04 May 2021 14:00:00 +0000

ST. LOUIS – (BUSINESS WIRE) – Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”), previously disclosed on Form 10-Q filed with the United States Securities and Exchange Commission on April 30, 2021, that the board of directors of the company has approved a new share buyback program, which replaces and cancels the previous share buyback program announced on May 4, 2015. In accordance with the new share buyback program, the Company will be authorized to buy back up to 2,000,000 common shares from time to time short. market or through privately negotiated transactions.

About Enterprise Financial Services Corp:

Enterprise Financial Services Corp (Nasdaq: EFSC), with approximately $ 10.2 billion in assets, is a financial holding company headquartered in Clayton, Missouri. Enterprise Bank & Trust, a Missouri state chartered trust company with banking powers and a wholly-owned subsidiary of EFSC, operates 39 branches in Arizona, California, Kansas, Missouri, Nevada and New Brunswick. Mexico, as well as SBA loan and deposit production offices in Arizona, California, Colorado, Illinois, Indiana, Massachusetts, Michigan, Nevada, Ohio, Oregon, Texas, Utah and Washington. Enterprise Bank & Trust offers a range of business and personal banking and wealth management services. Enterprise Trust, a division of Enterprise Bank & Trust, provides financial planning, estate planning, investment management and trust services to businesses, individuals, institutions, pension plans and not-for-profit organizations . Additional information is available at

The common shares of Enterprise Financial Services Corp. are traded on the Nasdaq Stock Market under the symbol “EFSC”. Please visit our website at to see our regularly released material information.

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Northstar Financial Services (Bermuda) investor seeks up to $ 5 million in damages from Hancock Whitney Investment Services | state Tue, 04 May 2021 14:00:00 +0000

HOUSTON, May 4, 2021 / PRNewswire-HISPANIC PR WIRE / – In its Financial Industry Regulatory Authority (FINRA) arbitration complaint against Hancock Whitney Investment Services, Inc., a senior investor in central America look up to $ 5 million in damages. The senior investor suffered losses when investing $ 1.25M in Northstar Financial Services (Bermuda) on the recommendation of Hancock Whitney Investment Services broker, Robin Platt.

The applicant, a long-time client of Hancock Whitney Bank, had mainly invested in banking products and kept his money in checking / savings accounts. In 2016, Platt recommended the Bermudaa retirement-based investment, which would continue to constitute the majority of the retiree’s portfolio.

Our Northstar Financial Services (Bermuda) Broker fraud attorneys from Shepherd Smith Edwards and Kantas (law firm SSEK on represent this investor in its FINRA arbitration claim against Hancock Whitney Investment Services.

It is important to note that a variable annuity (VA) is generally viewed as a secure fixed income alternative. However, this Bermudathe derivative product did not offer the same protections as variable annuities in the United States, making it a riskier proposition.

This VA, in particular, was not at all suitable for him given his age and level of risk tolerance. Now, having lost all of his principal, this plaintiff alleges unfitness, misrepresentation and omissions, negligence, failure to supervise, breach of contract and breach of other obligations after suffering significant investment losses .

Platt and other registered representatives of Hancock Whitney Investment Services likely recommended and sold Northstar Financial Services (Bermuda) to other customers because these investments have paid:

  • Higher committees
  • Bonus
  • Remuneration

With other types of incentives for brokers that were more than they would have earned by recommending more conventional banking / annuity products.

Unfortunately, Northstar Financial Services (Bermuda) is no longer solvent and its owner, Greg Lindberg is in prison. After filing for protection of the law last year, Northstar Financial Services (Bermuda) must liquidate.

Law firm SSEK is representing a number of them in their FINRA arbitration cases against their brokers, including a $ 500,000 client dispute against JP Morgan Securities and another 500,000 USD investor claim against Truist Investment Services.

There are also other broker-dealers who have sold Northstar Financial Services (Bermuda), including Bankoh Investment Services and Ocean Financial Services.

Contact us today if you believe you have suffered losses after investing in Northstar Financial Services (Bermuda) some products.


Kirk smith

Toll free: 800-259-9010

Mexico Toll Free: 800-283-3403

WhatsApp International (text only): 713-224-2400

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SOURCE Shepherd Smith Edwards & Kantas LLP

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Standard Custody & Trust Company Receives Charter Banking Status from New York State Department of Financial Services Tue, 04 May 2021 13:30:00 +0000

NEW YORK–(BUSINESS WIRE) – Standard Custody & Trust Company, LLC, an institutional-level custody and settlement platform for digital assets, today announced that it has been granted charter status to operate under the Banking Act of New York State as a Regulated Qualified Custodian. The New York State Department of Financial Services (NYDFS) charter enables Standard Custody to offer custody and escrow services to clients looking to unlock the value of digital assets and unlock new investment opportunities in the world of decentralized finance.

“Institutional investors have been drawn to the enormous potential of digital assets and decentralized finance, but they deserve an equally revolutionary custody and settlement solution to meet the demands of a global digital asset market,” said Tim Keaney, Member of the Board of Directors of Standard Custody. “This New York State Department of Financial Services charter enables Standard Custody to serve investors in accordance with the rigorous security measures required for institutional-level service, allowing us to connect traditional financial services to help develop an ecosystem where digital assets thrive. ”

Standard Custody was founded and designed by leading innovators and technologists from traditional financial markets and pioneering cryptocurrency companies. CEO Jack McDonald was previously CEO of Conifer Financial Services, an independent asset services company acquired by SS&C. Cryptocurrency veteran Arthur Britto designed the next-generation technical solutions for Standard Custody and parent company PolySign.

Standard Custody’s security program combines proprietary blockchain technology, end-to-end encryption, and distributed trusted protocols to protect secret keys. Standard Custody’s integrated escrow platform allows investors to buy and sell digital assets directly from custody, reducing the risk of external transfers and inefficient transactions between multiple accounts and different vendors. Standard Custody facilitates access to the investor market 24 hours a day, 7 days a week, with improved security and capital efficiency.

“Earning our New York State Department of Financial Services Banking Charter of Confidence is a testament to Standard Custody’s regulatory and compliance excellence,” said Standard Custody CEO Jack McDonald. “Standard Custody is the only custodian to use third-party transaction verification and build its platform on a combination of ‘smart’ hardware security modules and new blockchain technology, resulting in a revolutionary solution of institutional preservation “better than cold storage”. Our team brings together unparalleled expertise in the worlds of banking, regulatory compliance and blockchain to provide an unmatched escrow deposit and settlement solution that will define how institutional investors interact with the world of digital finance.

In granting this charter, NYDFS conducted a comprehensive review of Standard Custody’s activities, including the company’s front-to-back security and operational flows, as well as its comprehensive compliance programs, policies and procedures.


Standard Custody & Trust Company is an institutional level custody and settlement platform for digital assets. Standard Custody was founded and designed by leading technologists and innovators from pioneering cryptocurrency and distributed ledger technology companies, allied with traditional expertise in financial markets. A subsidiary of PolySign, Inc., Standard Custody’s platform offers new blockchain technology that provides end-to-end encryption and distributed trusted protocols to secure secret keys. Standard Custody’s integrated escrow settlement program allows investors to buy and sell digital assets directly from custody, eliminating the risk of external transfers and inefficient transactions between different providers. Standard Custody embodies high standards of regulatory and compliance excellence, enabling financial institutions to leverage their digital asset positions with confidence in best-in-class security protocols. For more information, please visit

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Gateway Adds Experienced Banking Professionals to Support Financial Services Expansion in Key Markets Tue, 04 May 2021 13:11:00 +0000

JENKS, Okla – (BUSINESS WIRE) – Gateway First Bank, one of Oklahoma’s largest banking operations, announces the expansion of its operations in the Oklahoma City market. The commercial banking team has opened an office with a new team, which includes Jeb Cook and Bryan Geiger. The two bankers join Gateway with more than two decades of experience in the banking and financial services industry respectively.

Jeb cook will become the new president of Gateway’s Oklahoma City Commercial Market. Cook has a wealth of experience, the majority of which has been spent in the Oklahoma market, and specializes in commercial banking (including healthcare), commercial real estate, and commercial and industrial loans. He is currently a member of the Executive Board of the Jim Thorpe Association and the Boards of Directors of Citizens Caring for Children, Oklahoma Zoological Society, and Metro Area Development Corporation (MADCO), all nonprofit groups in Oklahoma City. .

Bryan geiger joins Gateway as Senior Vice President of Commercial Real Estate. His previous experience covers commercial real estate financing and lending, real estate banking and securitized commercial mortgages. Geiger is currently a member and past chair of the Oklahoma City Commercial Real Estate Board and sits on the board of directors of Citizens Caring for Children, a non-profit organization. He is also a fellow of the Urban Land Institute and foster parent to a number of Bella Foundation pets.

“We are excited to expand our team into new markets, and having Bryan and Jeb with their years of experience will be invaluable to us,” said Charlie Crouse, senior vice president of commercial banking. “In 2019, Gateway evolved into a full-service banking and committed to serving our communities by delivering best-in-class products and services. These new appointments reinforce this commitment. I can’t wait for them to be an integral part of the Gateway team.

Gateway already has a strong mortgage presence in the Oklahoma City area, including Edmond and Norman. A retail banking center is slated for Oklahoma City to open later this year. Gateway also broke new ground on a flagship banking center in Jenks on its head office campus.

About Gateway First Bank

Gateway First Bank is a leading financial institution providing banking and mortgage services to consumers and business customers. Based in Jenks, Oklahoma, Gateway is a $ 1.9 billion asset-sized bank with a strong mortgage operation. Gateway is one of Oklahoma’s largest banking and mortgage operations in the United States, with six bank branches in Oklahoma, more than 165 mortgage centers in 43 states, and more than 1,600 employees. Learn more at FDIC Member, Equal Housing Lender (NMLS 7233)

Follow Gateway First on Facebook (, LinkedIn ( and Twitter (

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First Financial Services sold to the 1st financial bank in SD Tue, 04 May 2021 12:47:00 +0000

Premier Financial Services, a specialty finance company in Woodbury, Connecticut, has been sold to 1st Financial Bank USA in Dakota Dunes, SD

Premier, which provides leases for used Ferraris, Porsches, McLarens, Lamborghinis and other luxury cars, did not disclose the price paid by 1st Financial, an asset of $ 634 million.

“Over the past 24 years, my goal has been to build a company recognized in the industry for its integrity, world-class customer service and ability to help serious enthusiasts drive the cars of their dreams,” said the CEO by Prime Minister Mitch Katz in the press release.

“With retirement in mind, I have spent the last year searching for an established institution that shares my passion for the business and that also has the financial resources that will allow Premier to achieve an even greater level of success. high, in terms of market penetration. Katz added.

“Our financial resources and capabilities as a bank, along with Premier’s in-depth automotive knowledge and relationships in the exotic and vintage car market, will be a winning combination that will benefit dealers and retailers alike. car enthusiasts, ”James Hegyi, senior vice president at the bank, said in the statement.

Solic Capital Advisors advised Premier.

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Premier Financial Services, LLC acquired by 1st Financial Bank USA Tue, 04 May 2021 12:36:00 +0000

WOODBURY, Conn., May 4, 2021 / PRNewswire / – Premier Financial Services (PFS) – the nation’s leading finance company providing specialist leasing services for Ferraris, Porsches, McLarens, Lamborghinis and other exotic, vintage and luxury automobiles – today announced that the company was acquired by 1st Financial bank United States (1FBUSA). Terms of the transaction between the two private companies were not disclosed.

Announcing the transition of ownership, founder and CEO of PFS, Mitch katz, said, “Over the past 24 years, my goal has been to build a company recognized in the industry for its integrity, world-class customer service, and its ability to help serious enthusiasts drive their cars. dreams. With retirement in mind, I have spent the last year looking for an established institution that shares my passion for the business and also has the financial resources that will allow Premier to achieve an even higher level of success. , in terms of market penetration. I couldn’t be happier that I selected 1st Financial bank United States as the new owner of the premier. “

Founded in 1910, 1FBUSA provides credit cards, construction finance, rental investment real estate loans and SBA loans nationwide, as well as a full range of banking services in its local communities. The Senior Vice President of the bank, James hegyi, said: “We are extremely impressed with the company Mitch katz has built, along with the talent and dedication of the PFS team. We are delighted to welcome them all to 1FBUSA. Our financial resources and capabilities as a bank, along with Premier’s in-depth automotive knowledge and relationships in the exotic and vintage car market, will be a winning combination that will benefit dealers and enthusiasts alike. of cars. We look forward to further developing Premier’s leadership in its market. “

Mr. Hegyi noted that 1FBUSA is committed to ensuring a smooth ownership transition. “Mitch katz will remain with Premier in a managerial position for an extended period of time, and there will be no disruption to the world-class level of service that Premier personnel have provided to customers and dealers over the past 24 years. “

Specialty leasing continued to gain popularity as an auto finance strategy, Katz said. PFS’s operating lease – which is different from pre-packaged, open-ended leases – gives car owners more flexibility, including favorable options for terminating the lease. This feature is especially important for owners of exotic and vintage cars, who often get in and out of cars frequently. Mr. Katz noted that, on average, Premier customers terminate and enter into new leases between 18 and 24 months.

SOLIC Capital Advisors acted as financial advisor to Premier Financial Services in connection with this transaction.

About Premier Financial Service, LLC
Since 1997, Premier Financial Services has been a recognized leader in the specialty leasing of new and vintage cars, exotic, vintage and luxury cars. Premier is exclusively dedicated to innovative and personalized lease agreements for clients seeking the flexibility of financing, capital preservation and the tax advantages of leasing. Premier’s success is built on delivering the highest level of customer service in the industry. Visit

About 1st Financial bank United States
Founded in 1910, 1st Financial bank United States provides credit cards, construction financing, rental investment real estate loans and SBA loans nationwide, as well as a full range of banking services in its local communities. The head office of 1FBUSA is located at Dakota Dunes, South Dakota. Learn more about

Media contact:
Gordon G. Andrew Highlander Consulting Inc. (609) 987-0200
[email protected]

SOURCE Premier Financial Services, LLC

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JazzCash, digital financial services provider in Pakistan, unveils mobile app specially designed for businesses Tue, 04 May 2021 12:09:52 +0000

JazzCash, a Pakistan-based digital financial services provider, launched its mobile app specifically for businesses. One of the goals of the app is to make digital payments more efficient and easier to use for business owners, entrepreneurs and home businesses. It will also help ‘jumpstart’ the process of accepting digital payments without having to go to the bank.

Founded in 1994, Jazz claims to be the leading provider of telecommunications services in Pakistan, leading the service excellence and product innovation in the country. The company has revealed that it offers exclusive and personalized pricing plans that empower customers and meet the communication needs of a diverse group of people, from individuals to business people, corporations and multinationals.

“With a subscriber base of over 68 million subscribers and a heritage of more than 25 years, Jazz maintains its market leadership through advanced integrated technology, the strongest brands and the largest portfolio of industry value-added services. Home to a nationwide contact center network and unmatched fiber-optic backbone of over 25,000 kilometers, Jazz has already invested billions of dollars in the country to date. It also provides uninterrupted connectivity across the country, unmatched customer services and international roaming in over 150 countries.

While sharing more details about the company, Erwan Gelebart, CEO of JazzCash, Explain:

“JazzCash aims to cultivate a cashless economy and is committed to introducing innovative products and services that offer faster, more transparent and secure payment solutions. We have identified the need for a unique digital solution in the SME sector, which still does not have the tools and resources to embrace digital transformation, and have created this business application to manage their financial needs. By leveraging secure, real-time payments, these businesses will benefit from increased efficiency and benefit from a thriving digital ecosystem. “

JazzCash further noted that it now has a merchant base of over 100,000 registered merchants. Business owners can now integrate themselves with the new business app by registering online.

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Financial Services Law 2021 – changes to PDMR notifications Tue, 04 May 2021 11:56:54 +0000

The Financial Services Act 2021 (the “Act”) received Royal Assent and is now law.

What does this mean for issuers?

PDMR transactions – notification schedule

Persons with managerial responsibilities (“PDMR”) and persons closely associated with them have an obligation under the UK Market Abuse Regulation (“MAR”) to notify the FCA and the issuer of any transactions in the shares of the issuer no later than three working days (previously working days) after the date of the transaction. In addition, the issuer was previously required to make this information public within the same timeframe.

Under the changes to the law, the issuer must now notify the market of PDMR transactions within two “business days” of receiving a notification from the PDMR. “Working days” means a day other than Saturday, Sunday, public holidays, Christmas Day or Good Friday.

It is expected that these changes will be well received by the market.

Criminal offense for insider trading

The law also extended the criminal offense of insider trading from seven to ten years under the 1993 Criminal Justice Act.

Insider Lists

Minor changes have been made to Article 18 of the MAR (Insider Lists), including clarifying that when another person is invited by the issuer to establish and update the insider list of the issuer, the issuer will remain fully responsible for complying with the obligations provided for in article 18.

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Shareholder issue management update Tue, 04 May 2021 11:00:00 +0000

HENDERSON, Nev., May 4, 2021 / PRNewswire / – Grow Capital, Inc (OTCQB: GRWC) is a publicly traded software, technology and financial services holding company that identifies, acquires and incubates promising companies in the FinTech industry (FinTech “), and provides its shareholders with access to investment opportunities in small and medium-sized enterprises that are uniquely positioned for rapid growth, today released a shareholder update detailing the milestones the Company and its subsidiaries have crossed over during the past year.

Terry kennedy, CEO of Grow Capital Inc. said, “Over the past year, the company has taken a number of steps to scale out and completely disengage from the business operations of the old management in order to create a solid foundation from which to build the business. new vision of the company. These milestones have redesigned the company’s trajectory, substantially increased revenues through an aggressive approach to acquisitions and allowed the company to pursue other growth opportunities … all to the benefit of our shareholders.

Kennedy continued, “As a result, we have seen an impressive increase in our reported revenue quarter over quarter,” Kennedy said. “I attribute this achievement to embracing our model of staying in our niche and growing and investing in our businesses so that we can better harness the space where financial planning and technology meet.

In 2020, we further focused on building infrastructure, size and revenue growth for our two main operating subsidiaries: PERA (Public Employee Retirement Assistance, LLC) and Bombshell Technologies, Inc.

PERA is a third-party marketing organization that facilitates meetings between state-approved representatives and officials who have individual retirement-related questions. PERA currently works with employees in school districts, colleges, universities and other public institutions across the country. Each state-approved representative is appointed with one or more of the institution’s approved suppliers.

PERA is the engine of connecting retirement planning professionals and public sector employees who want help with the closure of schools and government buildings. PERA serves large insurance and financial services companies and will expand its customer base with this new property.

PERA has more than 5,000 trusted advisors in its network to assist public servants and has successfully set up nearly half a million appointments for its clients since its inception.

“PERA was the second fintech acquisition for GRWC as we execute on our long term plan,” Kennedy added. “PERA has had a growing impact on the public employee financial and retirement planning sector during COVID 19, as everyone works from home and only takes online meetings. in business. PERA has proven its invaluable value to the financial services industry and fits perfectly into our FinTech group. “

Bombshell Technologies, a wholly owned subsidiary of the Company, is a leading software development services provider focused on the financial services industry. Bombshell Technologies provides software to various financial services organizations and with a rapid growth strategy consisting of innovative industry specific solutions for sales teams and management.

Bombshell Technologies has operations in both Nevada and Louisiana. Bombshell Technologies provides software to several large financial services organizations and paves the way for innovative industry-specific solutions for sales teams and management.

Bombshell’s current software suite offers personalized back-office compliance, sophisticated multi-payment commission processing and a revolutionary new client application submission system, as well as financial services-centric digital engagement marketing services.

“Bombshell’s team and business model are ripe for growth,” said GRWC President, James olson, upon the initial acquisition of Bombshell in 2019. “We are now formally a FinTech holding company, following the exact plan we have outlined, demonstrating to stakeholders that our board is meeting its plans and commitments.

CEO Terry kennedy added, “We are proud to connect hard-working public sector employees with retirement planning and financial services specialists so they can get the services they need to better prepare for their future. This pandemic has proven that in times of crisis, Americans think more about their own future. – a fact which has proved profitable for PERA. Bombshell Technologies is also reporting an increase in business with the addition of three new customers this year, along with new employees and an updated billing system. I expect to see Bombshell continue to grow into a highly reliable technology company. financial service professionals and the provision of software to empower companies in the area of ​​financial planning. “

He concluded: “ During the pandemic, we strategically avoided generating press releases regarding the global pandemic that rocked families, plunged the stock market into an unpredictable frenzy and demanded our nation’s attention, but Now that the worst is hopefully behind us, we are committed to communicating our progress to our stakeholders and shareholders must stay tuned for press releases as our operational plan continues.

With this in mind, the Company recently retained the services of a highly reputable investor relations firm, OTC PR Group headed by Douglas baker. His team will help us share the many exciting things that we have accomplished to date, and that we and we have on the horizon in order to expand the company’s investor base, market presence and visibility. on social and digital media and to communicate GRWC’s message and vision. to a wider audience as the company expands its activities and achievements throughout 2021.

The company recently filed a 8K about this, which you can read at:

To be added to the distribution list, please send an email [email protected] with “GRWC” in the subject line.

Disclaimer Regarding Forward-Looking Statements: This press release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the control of Grow Capital, Inc., and that actual results may differ materially from those. projected in the forecast. statements due to various factors. These forward-looking statements include the words “vision”, “seek”, “grow”, “plan” and other expressions of a forward-looking nature. Further information on potential factors that could affect the business and financial results is and will be included in the documents filed by Grow Capital, Inc. with the OTC, Securities and / or OTC Markets Commission. published on the company’s website.

SOURCE Grow Capital, Inc

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Fiscal 2022 EPS estimates for Provident Financial Services, Inc. raised by DA Davidson (NYSE: PFS) Tue, 04 May 2021 10:32:45 +0000

Provident Financial Services, Inc. (NYSE: PFS) – DA Davidson stock research analysts increased their estimates of FY2022 EPS for Provident Financial Services in a report released on Monday, May 3. DA Davidson analyst R. Gunther now predicts the savings and loan company will earn $ 1.60 per share for the year, up from its previous forecast of $ 1.50.

Other stock analysts have also published research reports on the stock. Royal Bank of Canada upgraded Provident Financial Services shares from a “sector performance” rating to an “outperformance” rating and increased its price target for the share from $ 23.00 to $ 26.00 in a year. report Thursday, March 11. Boenning Scattergood downgraded Provident Financial Services shares from an “outperformance” rating to a “neutral” rating in a Monday February 1 report. Barclays reaffirmed an “overweight” rating on Provident Financial Services shares in a report on Monday, February 22. Finally, Zacks Investment Research upgraded Provident Financial Services shares from a “hold” rating to a “buy” rating and set a target price of $ 20.00 on the stock in a report on Wednesday, February 3. Two analysts rated the stock with a sustaining rating and four gave the company a buy rating. The company has a consensus rating of “Buy” and a consensus price target of $ 20.33.

Provident Financial Services stock opened at $ 24.29 on Tuesday. The company’s 50-day simple moving average is $ 22.95 and its 200-day simple moving average is $ 19.01. The company has a current ratio of 1.07, a quick ratio of 1.07, and a debt ratio of 0.92. The company has a market cap of $ 1.89 billion, a PE ratio of 19.91 and a beta of 1.04. Provident Financial Services has a one-year minimum of $ 10.55 and a one-year maximum of $ 24.50. Provident Financial Services (NYSE: PFS) last released its results on Thursday, April 29. The savings and loan company reported earnings per share of $ 0.63 for the quarter, beating the Zacks consensus estimate by $ 0.43 by $ 0.20. The company posted revenue of $ 100.53 million for the quarter, compared to analysts’ estimates of $ 111.37 million. Provident Financial Services generated a net margin of 19.45% and a return on equity of 5.64%. Provident Financial Services revenue increased 14.0% year over year. In the same quarter of the previous year, the company posted EPS of $ 0.23.

(A d)

Growth in a new industry is out of this world, thanks to nervous and bossy dog ​​owners. Find out why this particular group is creating the biggest business opportunity of the year

Several large investors have recently bought and sold shares in the company. Veriti Management LLC acquired a new position in Provident Financial Services during the 4th quarter valued at approximately $ 66,000. KBC Group NV acquired a new position in Provident Financial Services during the first quarter worth approximately $ 86,000. Sowell Financial Services LLC acquired a new position in Provident Financial Services during the 4th quarter valued at approximately $ 112,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Provident Financial Services by 46.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,167 shares of the savings and loan company valued at $ 147,000 after acquiring an additional 2,577 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in Provident Financial Services by 29.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,377 shares of the savings and loan company valued at $ 150,000 after acquiring an additional 1,898 shares during the period. 61.48% of the shares are held by hedge funds and other institutional investors.

In other news from Provident Financial Services, EVP James A. Christy sold 4,000 shares of the stock in a trade on Thursday, March 11. The shares were sold for an average price of $ 23.37, for a total transaction of $ 93,480.00. After the sale closes, the executive vice president now owns 27,227 shares of the company, valued at approximately $ 636,294.99. The sale was disclosed in a file with the Securities & Exchange Commission, available at this link. Company insiders own 3.40% of the shares of the company.

The company also recently declared a quarterly dividend, which will be paid on Friday, May 28. Shareholders of record on Friday, May 14 will receive a dividend of $ 0.23 per share. The ex-dividend date is Thursday May 13. This represents an annualized dividend of $ 0.92 and a return of 3.79%. The payout ratio of Provident Financial Services is currently 52.87%.

Company Profile Provident Financial Services

Provident Financial Services, Inc operates as a banking holding company for Provident Bank which provides various banking products and services to individuals, families and businesses in the United States. The Company’s deposit products include savings, checks, interest-bearing checks, money market deposits and certificates of deposit accounts, as well as IRA products.

Find out more: Hold Rating

This instant news alert was powered by narrative science technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured article: What is a leveraged buyout (LBO)?

7 cryptocurrencies that lead the market higher

Capital influx drives cryptocurrency up

There is an influx of money into the cryptocurrency market which is pushing the whole complex up. Not only is institutional interest peaking, but recognition and use is also on the rise. With Bitcoin setting new all-time highs 100% above the highs of 2017, the number of new Bitcoin millionaires is also on the rise.

But Bitcoin is by far the only cryptocurrency on the market today. The number of cryptocurrencies on the market has been steadily growing, with over 4,000 listed on Coinmarketcap alone. But that doesn’t mean they’re all worth your time. Many if not most will not stand the test of time.

One way to judge the market’s interest in a cryptocurrency is its performance gains in the market. A cryptocurrency that is growing in value is definitely the one you might want to own. The best method for judging the market’s interest in a cryptocurrency is market capitalization. The cryptocurrency market is worth over $ 1 trillion and growing, and most of that value is centered in the top seven. Together, the lowest 3,993 odd-numbered cryptocurrencies represent only 12% of the market and have yet to prove lasting value.

See the “7 Cryptocurrencies That Lead the Market Higher”.

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