FITZGERALD, Ga., July 17, 2018 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $3,069,000, or $0.36 per diluted share for the second quarter of 2018 compared to $2,433,000, or $0.28 per diluted share for the comparable 2017 period, while net income available to shareholders for the six month period ended June 30, 2018 was $6,257,000, or $0.72 per diluted share compared to $4,339,000, or $0.50 per share for the comparable 2017 period. This represents an increase year to date of 44.20 percent. Earnings were positively impacted by an increase in net interest income, a reduction in provision for loan losses and a reduction in income tax expense. “We are pleased to report another solid quarter, said Ed Loomis, President and Chief Executive Officer. Colony’s strong earnings and capital position resulted in the board maintaining its quarterly dividend payout of $0.05. During the quarter, Colony was successful in repurchasing stock warrants for 500,000 shares and eliminating the final remnant remaining from the 2009 TARP transaction. We continue to move forward with our Statesboro, Georgia branch expansion and anticipate opening during first quarter 2019. While loan activity continues to be slow and challenging, economic activity continues to be positive and hopefully will instill consumer confidence for increased loan demand the last half of this year. As always, we continue to explore opportunities to improve operating efficiencies which will further enhance shareholder value.”
PITTSBURGH, Pa., July 17, 2018 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ:ANSS) announced today that the Company expects to release its second quarter 2018 earnings on Monday, August 6, 2018, after market close. The Company will hold a conference call conducted by Ajei Gopal, President and Chief Executive Officer, and Maria T. Shields, Chief Financial Officer, at 8:30 a.m. Eastern Time on August 7, 2018, to discuss second quarter 2018 results and future outlook.
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NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) will conduct its second quarter 2018 financial results webcast on Tuesday, Aug. 7, 2018, at 11 a.
LOS ANGELES--(BUSINESS WIRE)-- AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, will hold a conference call and webcast with analysts and investors on Augu
Ares Commercial Real Estate Corporation Schedules Earnings Release for the Second Quarter Ended June 30, 2018
NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it will release financial results for the second quarter ended June 30, 2018 on
Results reflect focus on building leading Southeast bank