Banking News

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)--Yatra Online, Inc. today announced its unaudited financial and operating results for the three months and year ended March 31, 2026....

CHICO, Calif.--(BUSINESS WIRE)--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.36 (thirty-six cents) per share on its common stock, no par value, on May 21, 2026. The dividend is payable on June 26, 2026, to holders of record as of June 5, 2026, and represents the 147th consecutive quarterly cash dividend paid to shareholders. Established in 1975, Tri Counties Bank is a wholly-owned subsidi...

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (NYSE – FINS) (the “Fund”) has closed a $50 million private offering of Series A Mandatorily Redeemable Preferred Shares, due April 30, 2031 (the “MRPS”). The MRPS are rated A3 by Moody’s Investors Service, Inc. Net proceeds from the offering of the MRPS will be used primarily to refinance the Fund's existing debt and to make new portfolio investments. In addition, the Fund has entered into a Notes Purchase Agreement in...

HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Ping An Property & Casualty Insurance Company of China, Ltd (Ping An P&C) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Ping An P&C’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate ent...

NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, has surpassed $3 billion in assets under management (AUM) barely one month after exceeding $2 billion.1 “Tema’s strong growth in 2026 continues to be driven by institutional investors, financial advisors, and family offices. The early success of our Space Innovators ETF (NASA) reflects Tema’s relentless focus on best-in-class process, products, and performance. We strive...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (NASDAQ: BCML) (“BayCom” or the “Company”), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on the Company's common stock. The dividend is payable on July 9, 2026 to shareholders of record as of the close of business on June 11, 2026. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) and Fifth Third Financial Corporation (“FTFC”) announced that, in connection with the previously announced offers to Eligible Holders (as defined herein) to exchange (each an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes originally issued by Comerica Incorporated and assumed by FTFC as successor by merger as set forth in the table below (the “Existing FTFC Notes”) for (1) up to $1,550,000,0...

OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) announces the following distributions for Harvest High Income Shares ETFs TM for the month ending May 31, 2026. The distribution will be paid on or about June 5, 2026 to securityholders of record on May 29, 2026 with an ex-dividend date of May 29, 2026. Harvest High Income Shares ETF TSX Ticker Distribution Harvest Eli Lilly High Income Shares ETF LLYH $0.1500 per unit Harvest Eli Lilly High Income Shares ETF (US) LLY...

DIXON, Calif.--(BUSINESS WIRE)--First Northern Bank is proud to announce that President and Chief Executive Officer Jeremiah Smith has been appointed to the Board of Directors of the Sierra College Foundation. The Sierra College Foundation supports student success and educational advancement through scholarships, programs, and community partnerships that help create opportunities for students throughout the region. As a member of the Board of Directors, Smith will help support the Foundation’s...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term AA- rating to Miami-Dade County (the County), Florida, Aviation Revenue Refunding Bonds, Series 2026A (AMT) and Aviation Revenue Refunding Bonds Series 2026B (Non-AMT) issued for Miami International Airport (MIA). Concurrently, KBRA affirms the AA- rating on the County's approximately $5.1 billion Aviation Revenue Bonds outstanding. The Outlook remains Positive. Proceeds of the Series 2026 Bonds will be used to refund certain outstanding Aviat...