Colony Bankcorp, Inc. Announces Second Quarter Results

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.”

Full ArticleTue Jul 17, 2018 7:00am EST

ANSYS to Release Second Quarter 2018 Earnings Results After Market Close on August 6, 2018

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.

Full ArticleTue Jul 17, 2018 6:39am EST


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Century Communities Sets Date for Second Quarter 2018 Earnings Release and Conference Call

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its second quarter

Full ArticleTue Jul 17, 2018 6:00am EST

Nationstar Reports Second Quarter 2018 Financial Results

DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE:NSM), which principally operates under the Mr. Cooper® and Xome® brands, reported second quarter GAAP net income o

Full ArticleTue Jul 17, 2018 6:00am EST

Steve Madden Announces Second Quarter 2018 Earnings Conference Call

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)-- Steve Madden (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear and accessories for women, men and children, today

Full ArticleTue Jul 17, 2018 5:59am EST

LP Schedules Webcast to Discuss Second Quarter 2018 Results

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.

Full ArticleTue Jul 17, 2018 5:55am EST

AECOM to announce fiscal year 2018 third quarter results on August 7th

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

Full ArticleTue Jul 17, 2018 5:55am EST

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

Full ArticleTue Jul 17, 2018 5:30am EST

First Horizon demonstrates strong execution of growth strategy in second quarter

Results reflect focus on building leading Southeast bank

Full ArticleTue Jul 17, 2018 5:30am EST