J&K Bank announces record net profit of Rs 1,767cr for FY2023-24, marking 48% growth

Pallavi Madhiraju- May 5, 2024 0

In a record-setting financial performance, Jammu and Kashmir Bank Limited (J&K Bank) announced a net profit of Rs1767 Crore for the fiscal year 2023-24, marking ... Read More

Hope Bancorp and Territorial Bancorp announce $78.6m merger deal

Pallavi Madhiraju- April 30, 2024 0

Hope Bancorp, Inc. (NASDAQ: HOPE), the holding company for Bank of Hope, and Territorial Bancorp Inc. (NASDAQ: TBNK), the stock holding company for Territorial Savings ... Read More

Heartland Group acquires Challenger Bank to expand Australian footprint

Pallavi Madhiraju- April 30, 2024 0

Heartland Group Holdings Limited (NZX/ASX: HGH), known for its significant presence in the financial services sector, has confirmed the completion of Heartland Bank Limited's acquisition ... Read More

RBL Bank Limited reports strong financial performance for FY24

Pallavi Madhiraju- April 29, 2024 0

RBL Bank Limited has announced robust growth in its financial performance for the quarter and fiscal year ending March 31, 2024. The audited financial results ... Read More

IDFC FIRST Bank announces significant financial growth in FY24

Pallavi Madhiraju- April 28, 2024 0

IDFC FIRST Bank, a leading financial institution in India, has reported a notable increase in its profit after tax (PAT) for the fiscal year ending ... Read More

Business First Bancshares announces acquisition of Oakwood Bancshares

Pallavi Madhiraju- April 28, 2024 0

Business First Bancshares, Inc. (NASDAQ: BFST), the holding company for b1BANK, has entered into a definitive agreement to acquire Oakwood Bancshares, Inc., and its wholly-owned ... Read More

Fulton Financial Corporation acquires assets and deposits of Republic Bank

Pallavi Madhiraju- April 28, 2024 0

Fulton Financial Corporation (NASDAQ: FULT), through its subsidiary Fulton Bank, N.A., has completed a significant transaction involving the acquisition of substantially all assets and the ... Read More

Axis Bank announces 160% surge in profit after tax for FY24

Pallavi Madhiraju- April 24, 2024 0

Axis Bank Limited, a major player in the Indian banking sector, has reported a remarkable financial performance for the fiscal year ending March 31, 2024. ... Read More

Burke & Herbert Financial Services and Summit Financial Group inch towards closing merger deal

Pallavi Madhiraju- April 21, 2024 0

Burke & Herbert Financial Services Corp. (Nasdaq: BHRB) and Summit Financial Group, Inc. (Nasdaq: SMMF) announced they have secured all necessary regulatory approvals to finalize ... Read More

Coventry Building Society proposes £780m acquisition of Co-operative Bank

Pallavi Madhiraju- April 20, 2024 0

Coventry Building Society, a prominent financial institution based in England, has announced its intention to acquire British banking company Co-operative Bank in an all-cash transaction ... Read More