Banking News

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Walton Global (“Walton”), a leading real estate investment, land banking and land asset management company, announces the launch of the U.S. Land Income & Growth Fund for offshore investors. The fund is a private investment vehicle focused on income generation and long-term capital appreciation through U.S. residential land aimed at resolving the housing supply imbalance across the country. The fund completed its first close in October 2025 and is structu...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 71 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-INV2 (SEMT 2026-INV2). The transaction consists of 1,118 investment property mortgages with an aggregate principal balance of $438.4 million as of the March 1, 2026 cut-off date. The collateral is characterized by a weighted average (WA) original credit score of 770 and moderate borrower equity, with a WA original LTV and WA original CLTV of 73.2%. KBR...

TORONTO--(BUSINESS WIRE)--PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2026 first quarter cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute quarterly (“Funds”). Unitholders of record of the ETF Series, at the close of business on March 23, 2026, will receive a per-unit cash distribution payable on or about March 31, 2026. Details of the per-unit cash distribution amounts are as follow: Fund Name Ticker Cash Distribution per Unit PIM...

NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorganChase. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.4 trillion in assets and $362 b...

COLUMBIA, Tenn.--(BUSINESS WIRE)--First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.29 per share, which will be paid on April 16, 2026, to shareholders of record as of April 1, 2026. The dividend represents a 7.4% increase compared with the cash dividend paid during the same period last year. About First Farmers and Merchants...

NEW YORK--(BUSINESS WIRE)--As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) will host a conference call to review first-quarter 2026 financial results on Tuesday, April 14, 2026 at 8:30 a.m. (ET). The results are scheduled to be released at approximately 7:00 a.m. (ET). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorganChase will notify the public th...

CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series M preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.40 per share for the first quarter of 2026. The dividend is payable on April 15, 2026 to shareholders of recor...

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026. The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, f...

SACRAMENTO, Calif.--(BUSINESS WIRE)--The California State Senate has confirmed Andy Nakahata as Executive Director and CEO of the California Infrastructure and Economic Development Bank (IBank), the state’s primary infrastructure financing authority within the Governor’s Office of Business and Economic Development (GO-Biz). Governor Newsom appointed Nakahata in September 2025, succeeding former Executive Director Scott Wu. The Senate confirmed Nakahata’s appointment on March 12, 2026. Prior to...

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that it has been recognized in the MoneyRates 2026 Banking Awards, earning a top checking account distinction for its Do More Business™ Checking in a national evaluation of U.S. financial institutions representing more than half of all bank deposits. “Entrepreneurs deserve banking that keeps pace with complexities of running a business — without unnecessary fees or barriers,” said Nicole Lorch, President and Chief Operating Off...