Posted on 8/17/20

Sandy Spring Bank Completes Conversion of All Revere Bank Systems and Branding

OLNEY, Md., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (NASDAQ: SASR) announced today the full conversion of all Revere Bank systems and branding, . . .

Posted on 8/13/20

Blue Point Investment Management Quarterly Commentary 2Q 2020

Posted on 8/13/20

SC&H Capital Advises Nyquist on its Acquisition by Painters Supply & Equipment Co.

SC&H Capital, a leading investment bank specializing in sell side M&A advisory for middle-market companies, is pleased to announce the acquisition of its client, Nyquist, Inc. . . .

Posted on 8/13/20

Baltimore Sun Parent Tribune Closing Capital Gazette and Carroll County Times Newsroom

Local journalists who’ve been working remotely for months because of the coronavirus pandemic will stay that way for awhile, and some will lose their newsrooms entirely.

Posted on 8/13/20

7 U.S. Banks That Will Need to Hold More Regulatory Capital

The Federal Reserve recently released new bank capital requirements for large banks, which tells them how much regulatory capital they need to hold to absorb future . . .

Posted on 8/12/20

T. Rowe Price Group Reports Preliminary Month-End Assets Under Management for July 2020

T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.28 trillion as of July 31, 2020. Client transfers from mutual . . .

Posted on 8/10/20

U.S. Bank Announces $1 Million in Grants to Black-Led CDFIs

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Community Development Corporation (USBCDC) today announced $1.15 million in grants to more than a dozen Black-led Community Development Financial Institution (CDFI) partners and—in . . .

Posted on 8/5/20

ClearBridge Investments’ 13F Stock Holdings & Investing Strategies

ClearBridge Investments is a leading global equity manager committed to delivering diversified long-term returns

Posted on 8/5/20

Carson Group Partners with AAAA Foundation

Carson Group has teamed up with AAAA Foundation to support initiatives at Historically Black Colleges and Universities (HBCUs) for helping more African American students forge successful . . .

Posted on 8/3/20

Trafalgar Capital Partners Advises Ashburn Consulting On Its Sale To IMB Partners

Trafalgar Capital Partners, LLC is pleased to announce that it was the exclusive advisor to Ashburn Consulting LLC on its acquisition by IMB Partners. The transaction led . . .

Posted on 8/3/20

FBB Capital Partners Named to 2020 Financial Times 300 Top Registered Investment Advisers

BETHESDA, Md.--(BUSINESS WIRE)--FBB Capital Partners is pleased to announce it has been named in the 2020 edition of the Financial Times 300 Top Registered Investment Advisers. . . .

Posted on 7/30/20

Here's What the Federal Reserve Just Said About the U.S. Economy

The Federal Reserve's policy-making Federal Open Market Committee (FOMC) just wrapped up its July meeting, and as expected, it left interest rates unchanged. The target range . . .

Posted on 7/29/20

T. Rowe Price Group Reports Second Quarter 2020 Results

T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2020. The earnings release can be found on the . . .

Posted on 7/29/20

EagleBank Invests in Washington Housing Initiative

EagleBank, one of the largest community banks in the Washington, DC area, is pleased to announce that it has committed $5 million to the Washington Housing . . .

Posted on 7/28/20

Mindoula Announces Investment From Equality Asset Management

Mindoula, a leading population health management company focused on transforming behavioral healthcare in the U.S., today announces it has secured a strategic investment from Boston-based growth . . .

Posted on 7/28/20

Delmar Bancorp Reports Results of Operations for the Second Quarter 2020

SALISBURY, Md., July 28, 2020 (GLOBE NEWSWIRE) -- Delmar Bancorp (NASDAQ: DBCP), the parent company of The Bank of Delmarva, Seaford, Delaware, and Virginia Partners Bank, . . .

Posted on 7/28/20

2020’s States with the Highest & Lowest Credit Card Debt – WalletHub Study

With Americans starting 2020 off over $1 trillion in credit-card debt and projected to have a net increase of $80 billion this year due in part . . .

Posted on 7/24/20

Capital One: Discount To Tangible Book Value, Massive Earnings Power, Conservative Loan Loss Reserves And 40% Upside

SummaryCOF trades at 81% of tangible book value per share, despite proving it can earn double-digit returns on tangible equity even in a low-rate environment.COF's economic . . .

Posted on 7/24/20

Eagle Bancorp Scales As EPS Beats Estimates

Eagle Bancorp (EGBN +7.0%) announces Q2 net interest income of $81.36M, in line with estimates.Revenue increased on the back of non-interest income, which increased 96% Y/Y . . .

Posted on 7/23/20

Brown Capital Management and State of Maryland Commit $2.25 Million to Nation's First African Ancestry Neuroscience Research Initiative

The nation's first African Ancestry Neuroscience Research Initiative (AANRI) announced today $2.25 million in startup funding from the investment management firm Brown Capital Management (BCM) and . . .

Posted on 7/23/20

Capital Bancorp Reports Second Quarter 2020 Net Income of $4.8 million

ROCKVILLE, Md., July 23, 2020 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A., today reported net income of $4.8 million, . . .

Posted on 7/23/20

Sandy Spring Bancorp Reports Second Quarter Results

OLNEY, Md., July 23, 2020 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported a $14.3 million net . . .

Posted on 7/23/20

Enviva Holdings Announces Recapitalization and New Equity Commitment to Finance Future Growth

BETHESDA, Md.--(BUSINESS WIRE)--Enviva Holdings, LP announced today that it has successfully completed a series of transactions that recapitalized the company with more than $1 billion of new . . .

Posted on 7/21/20

Capital One: Stay Clear Ahead Of Earnings

SummaryIf I had to cherry-pick one period to be a Capital One bear over the past ten years, it would probably be the second quarter of . . .

Posted on 7/17/20

Gun Stocks to Purchase in Response to Defunding Police, Looting and Shooting

Gun stocks to purchase in response to local governments defunding their police, allowing looting and not stopping increased shooting should benefit from a record 3,931,607 firearms . . .