Freedom Bank of Virginia reported 2Q20 net income of $1.5 million, up 79.5% compared to the $850k posted in 1Q20 and 199.7% over the $509k recorded in the year-ago period. This translates to 2Q20 earnings per share of $0.21 compared to $0.11 in 1Q20 and $0.07 in 2Q19....
Howard Bancorp reported a 2Q20 net loss of $(29.4) million compared to 1Q20 net income of $3.3 million. This translates to EPS of $(1.57) in 2Q20 compared to $0.18 in 1Q20. There were several significant irregular or non-recurring items affecting 2Q20 results. The...
OFG reported 2Q20 net income to common shareholders of $20.2 million, up from the $0.2 million net loss posted in 1Q20. On a per share basis, 2Q20 results were $0.39 compared to $0.00 in the prior quarter. 2Q20 results included $6.0 million of one-time interest...
Popular reported a 2Q20 net income to common stockholders of $127.3 million, up 278.4% compared to the $33.6 million posted in 1Q20. On a per share basis, BPOP reported earnings of $1.49 compared to $0.37 in 1Q20. The 2Q20 results exceeded our $1.06 estimate and the...
D. Blair Thompson has joined Alden Investment Group, a hybrid RIA headquartered in Jenkintown, Pa., to launch the firm’s DBA affiliate, Sparta Wealth Partners, a multi-family office in Charlotte, N.C., the company announced earlier this week in a news release....
About Our Customer: Alden Investment Group In this unpredictable “new normal” of trace testing and massive market fluctuations, smart companies need to adapt quickly. Whether it’s Silicon Valley unicorns or the typically sluggish financial services...
