For the third consecutive year, Alden Investment Group ranked as one of the top independent broker-dealers in the InvestmentNews directory. Alden is proud to be included as one of the 58 eligible broker-dealers in this group. The full directory can be found starting...
If you are still wondering what blockchain is and what it means for accountants, you are not alone. Often considered synonymous with cryptocurrency, blockchain may actually open up accounting to the world of triple-entry accounting. This is something the profession...
TCFC reported 3Q20 net income of $3.8 million, up 10.1% compared to the $3.5 million posted in 2Q20. On a per share basis, 3Q20 results were $0.64 compared to the $0.59 recorded in the prior quarter. Reported EPS fell $0.17 short of our $0.81 estimate but were in-line...
First BanCorp reported 3Q20 net income to common shareholders of $27.9 million, compared to the $20.6 million recorded in 2Q20. On a per share basis, 3Q20 results were $0.13 compared to $0.09 in the prior quarter. There were several special items in 3Q20 results,...
Freedom Bank of Virginia reported 3Q20 net income of $2.6 million, up 68.9% compared to the $1.5 million posted in 2Q20 and up 176.2% over the $932k recorded in the year-ago period. This translates to 3Q20 earnings per share of $0.35 compared to $0.21 in 2Q20 and...
Popular reported 3Q20 net income to common stockholders of $168.1 million, up 32.0% compared to the $127.3 million posted in 2Q20. On a per share basis, BPOP reported earnings of $2.00 compared to $1.49 in 2Q20. The 3Q20 results exceeded our $1.38 estimate and the...
