* * * * * Dallas, Texas, May 23, 2024 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 27, 2024 to stockholders of record at the close of business on June 10, 2024. Valhi also announced that at its annual stockholder meeting held on May 23, 2024, its stockholders: Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recrea ...

Upcoming Communications For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information. About McDonald's McDonald's is the world's leading global foodservice retailer wit ...

DALLAS, May 20, 2024 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.055961 per unit, payable on June 28, 2024, to unitholders of record on May 31, 2024. Marine's 2023 tax information, cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marine.com/. A ...

CHICAGO, May 17, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per common share. This dividend is payable on June 14, 2024 to shareholders of record on June 4, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to $0.98 paid in 2023, an 8.2% increase. 2024 marks the 43rd consecutive year that Old Republic has increase ...

FOR IMMEDIATE RELEASE OI EUROPEAN GROUP B.V. OFFER TO PURCHASE FOR CASH ANY AND ALL 2.875% SENIOR NOTES DUE 2025 PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) ( "OI Glass"), announced today that OI European Group B.V. ("OIEG", the "Company," "we," "us" and "our"), has commenced its offer (the "Offer") to purchase for cash any and all of the outstanding securities of the Company listed in Table I below (the "Notes"). As of May 16, 2024, €500 million ...

KANSAS CITY, Mo., May 13, 2024 (GLOBE NEWSWIRE) -- Spruce, the mobile banking app built by H&R Block (NYSE:HRB), today announced the addition of high-yield interest on savings accounts to potentially help customers stretch their dollars even further and achieve their savings goals faster.1 With a 3.50% APY2, Spruce customers who opt in can now earn interest at seven times the national average.3 Nearly half of Americans don't have enough savings to cover emergency expenses4 in part because they lack access t ...

Table of Contents Noninterest expense increased 10% to $140.4 million for the fiscal 2024 second quarter, from $127.1 million for the same quarter last year. The increase was primarily attributable to increases in card processing expense, compensation and benefits expense, impairment expense, legal and consulting expense, and occupancy and equipment expense. The period-over-period increase was partially offset by decreases in operating lease equipment depreciation, other expense, refund transfer product exp ...

$65.3 million in net income; an increase of 19% compared to Q2 FY 2023 Return Metrics2 6 MONTHS ENDED MARCH 31, 2024 $128.9 Q2 2023 Q2 2024 $127.0 +2% Noninterest Income 8 Pathward Financial, Inc. (Nasdaq: CASH) | Quarterly Investor Presentation 1 Does not include off balance sheet deposits 9 Pathward Financial, Inc. (Nasdaq: CASH) | Quarterly Investor Presentation 1 See slide 34 for reconciliation to most directly comparable GAAP measure. $6,368.3 $5,902.7 996,773 764,185 | --- | --- | --- | --- | --- | |- ...

Financial Data and Key Metrics Changes - The company reported a net income of $65.3 million, representing a 19% increase year-over-year, and earnings per diluted share of $2.56, a 29% increase compared to the prior year's quarter [28] - Net interest income increased by 17%, with a net interest margin expanded to 6.23% compared to the same quarter last year [27][29] - Adjusted net interest margin, including rate-related processing expenses, was 4.65%, slightly behind last year's quarter [61] - Total loans and leases increased by 18% year-over-year, totaling $4.4 billion [41] Business Line Data and Key Metrics Changes - Pre-tax net income for tax services grew 24% to $36.9 million, driven by a 12% increase in refund advance fee income [9][30] - Non-interest income grew by 2%, primarily due to increases in refund advance fee income, partially offset by lower card and deposit fees [17] - The Commercial Finance Division saw growth in asset-based lending, term lending, and SBA and USDA loans, while insurance premium finance and consumer finance experienced declines [19] Market Data and Key Metrics Changes - Off-balance sheet deposits totaled $1.2 billion as of March 31, with expectations for a gradual drawdown towards a low point typically seen in the September quarter [18] - The company is holding approximately $741 million of deposits related to government stimulus programs [18] Company Strategy and Development Direction - The company aims to focus on adding loans and leases with the highest risk-adjusted returns and redeploying cash from its securities portfolio into higher-yielding loan verticals [35] - There is a strong emphasis on growing fee income in banking-as-a-service (BaaS), with a healthy pipeline of inquiries from potential partners [36][71] - The company plans to continue investing in technology and human capital to adapt to the demands of the BaaS marketplace [37][75] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the tax season results and the ability to adjust to changing conditions, noting a strong performance despite the IRS opening later than the previous year [30] - The company expects to return approximately $219 million of unclaimed deposits to the Treasury Department and anticipates average off-balance sheet deposits to be around $440 million for the full year [41] - Management highlighted a focus on maintaining strong credit performance and being selective in equipment finance and structured finance [76] Other Important Information - The company repurchased approximately 764,000 shares at an average price of $51.20 during the quarter [42] - The effective tax rate is estimated to be in the range of 16% to 20% for the year [42] Q&A Session Summary Question: Outlook on expense side and compensation - Management indicated that there were roughly $2 million of non-recurring expenses in the quarter, with expectations to revert to December quarter run rates for compensation [44][66] Question: Loan growth in insurance premium finance - Management expects the insurance premium finance business to normalize back up in April and May, aligning with renewal months for corporate clients [67] Question: Banking as a service landscape and partner pipeline - The company reported a significant increase in its partner pipeline, with a focus on established players rather than new entrants [71][72] Question: Credit management and expectations - Management noted a focus on collateral health and expressed confidence in the credit book, emphasizing that opportunities are arising as companies seek financing alternatives [84]

For the quarter ended March 2024, Pathward Financial (CASH) reported revenue of $247.25 million, up 8.2% over the same period last year. EPS came in at $2.56, compared to $2.18 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $240.49 million, representing a surprise of +2.81%. The company delivered an EPS surprise of +8.02%, with the consensus EPS estimate being $2.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...