Banking News

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Four Arkansas community-based organizations received a combined $42,000 through the Federal Home Loan Bank of Dallas’ (FHLB Dallas) Partnership Grant Program (PGP), part of more than $1.8 million awarded across FHLB Dallas’ five‑state region. The Arkansas awards were celebrated today in Little Rock, Arkansas, as FHLB Dallas marked the program’s 30th anniversary. The grants were awarded in partnership with three FHLB Dallas member institutions: Encore Bank, So...

CANFIELD, Ohio--(BUSINESS WIRE)--On August 25, 2026, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.18 per share. The common stock cash dividend will have a record date of September 11, 2026 and is payable to shareholders on September 30, 2026. The $0.18 per share dividend represents a $0.01 per share, or 5.6% increase from the second-quarter of 2026 dividend payment. Kevin J. Helmick, President and CEO, stated: “The increase in...

BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Co-founder and CEO to Participate in Fireside Chat at the Goldman Sachs Communacopia and Technology Conference 2026...

ATLANTA--(BUSINESS WIRE)--QumulusAI (Nasdaq: QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today reported financial results for the second quarter ended June 30, 2026. This is the company’s first quarterly report since it began trading on the Nasdaq Global Market on July 16, 2026. "This was the quarter our model started proving itself," said Michael Maniscalco, CEO of QumulusAI. "AI Compute we had already sold came online and started generating revenue. We si...

PITTSBURGH--(BUSINESS WIRE)--For the seventh consecutive year, TriState Capital Bank was recognized by Monitor as one of the top-performing equipment finance companies in the United States. The bank's 5.8% year-over-year gain in total loans and leases in 2025 ranked TriState Capital No. 78 on the 2026 Monitor 100. In 2025, its eighth year, TriState Capital Bank Equipment Finance grew its loans and leases to $749.3 million from $708.3 million in 2024. Tim Moriarity, executive vice president and...

CHICAGO--(BUSINESS WIRE)--The results of the Q3 2026 Insurance Labor Market Study reveal industry revenue and hiring projections for the next 12 months....

SINGAPORE--(BUSINESS WIRE)--TechCreate Group Ltd. (OTCMKTS: TCGLF) (“TechCreate” or the “Company”), a technology consultancy and advanced software solutions provider specializing in payment solutions, cybersecurity, and digital services, intends to request that the NYSE Committee for Review (the “Committee”) review the decision of the NYSE American LLC Listing Qualifications Panel (the “Panel”). In a written decision dated August 20, 2026, the Panel affirmed the NYSE American Staff determinatio...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA to the Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) Real Estate Transfer Tax Revenue Bonds, Series 2026A (TBTA Capital Lockbox Fund). Concurrently, KBRA affirms the AA rating on outstanding parity bonds. The Outlook is Stable. The rating reflects the non-appropriation pledge and statutory dedication of New York City Real Estate Transfer Tax (“RETT”) Receipts, which are transferred in monthly installments by the...

NEW YORK--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to seven classes of CHI 2026-FRKLN, a CMBS single-borrower securitization. The collateral for the transaction is a $340.0 million floating rate, interest only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and will require monthly interest-only payments. The loan will be secured by the borrower’s fee simple interest in The Franklin, a Class A, LEED Gold ce...

DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and participating member financial institutions awarded more than $1.8 million to 71 community‑based organizations through its Partnership Grant Program (PGP) as the program marks its 30th anniversary. The awards were made in partnership with 44 member institutions in FHLB Dallas’ five‑state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The awards are being celebrated during a series of events in t...