Banking News

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today announced the results of the Company’s 2026 Annual Meeting of Stockholders, which was held Friday, May 15. A replay of the meeting is available at www.ir.theice.com. Each of the eleven director nominees received a majority of the votes cast “for” their election. Each director was elected to a one-yea...

NEW YORK--(BUSINESS WIRE)--BNY Mellon ETF Investment Adviser, LLC today announced that five of their ETFs will undergo forward share splits at a ratio of 3-for-1. A forward share split increases an ETF's number of shares outstanding while decreasing its Net Asset Value ("NAV") per share accordingly. The total value of a shareholder's investment will remain unchanged. The share splits will apply to shareholders of record as of the close of US markets on July 16, 2026 ("Record Date") and will be...

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA) (“CAVA Group” or the “Company”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal first quarter ended April 19, 2026. “Amid today's broader macroeconomic environment and geopolitical uncertainty, our first quarter results reflect our position as a clear industry leader and our ability to meet the moment for the modern consum...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that its Board of Directors (the “Board”) has appointed Carlos Iafigliola as President and Chief Executive Officer (“President and CEO”), effective May 18, 2026. Mr. Iafigliola has also been appointed President and CEO of Amerant Bank N.A., the Company’s main operating subsidiary (the “Bank”). Mr. Iafigliola has served as Interim Chief Executive Officer since November 2025. Odilon...

MINNEAPOLIS--(BUSINESS WIRE)--MFIN earnings down. P/TBV of 0.80x. A CEO under federal injunction. 5 directors over 80. Vote to install BIMIZCI's 3 independent directors by June 9...

LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Applied Real Intelligence (“A.R.I.”), a U.S.-based investment firm led by Dr. Zack Ellison, today highlighted its financing role in October’s Very Own (“OVO”), the lifestyle brand founded by Aubrey “Drake” Graham, Oliver El-Khatib, and Noah “40” Shebib, following the May 15 release of Drake’s three-album project — Iceman, Maid of Honour, and Habibti. The rollout marked Drake’s first solo release campaign since 2023 and generated substantial global attent...

WASHINGTON--(BUSINESS WIRE)--The Broker Action Coalition (BAC), in partnership with the National Association of Mortgage Brokers (NAMB), brought a powerful, unified message to Capitol Hill this April during the 2026 Advocacy in Action: Better Together Fly-In. From April 20–22, more than 200 mortgage brokers and industry professionals from across the country gathered in Washington, D.C. to learn and share firsthand perspectives with lawmakers on the realities facing brokers and homebuyers. This...

PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its second quarter 2026 earnings on July 16, 2026. The news release and supplemental materials will be available at http://investor.citizensbank.com. CFG management will host a live conference call that morning with details as follows: Time:   9:00 am (ET)   Dial-in:   To ask a question on the call, individuals may call in by dialing 800-369-1703, conference ID 1679767   For the li...

WILMINGTON, Del.--(BUSINESS WIRE)--According to a new survey from WSFS Bank, small businesses in the Mid-Atlantic region are reporting strong resilience...

BURBANK, Calif.--(BUSINESS WIRE)--Zest AI, a leader in AI lending technology, today announced its inclusion on American Banker's 2026 Best Fintechs to Work For list. The annual program, produced in partnership with Best Companies Group and published across Arizent brands, recognizes fintech companies that demonstrate excellence in workplace culture, benefits, and employee experience. “The work we do at Zest AI to strengthen the financial system demands a team that is genuinely invested in our m...