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Stepstone Private Credit Fund LLC added $211.6 million to its capital pool by selling 8,190,511 shares of its limited‑liability company interests. The transaction, closed on July 1, marks the latest tranche in its ongoing private offering that can accommodate up to $10 billion of …
United Community Banks (NYSE: UCB) delivered a mixed second‑quarter report, posting earnings per share of $0.71 against a consensus estimate. GAAP earnings of $0.95 represented an increase of $0.32 from the prior year, while net income reached $115.6 million and total revenue grew 7% …
Wintrust Financial Corp (NASDAQ: WTFC) reported Q2 earnings, beating the consensus estimate. The company's shares fell 4.0% to $157.11 despite the positive earnings report. This move is significant, as it indicates that investors are looking for more than just a beat on earnings.
Mercantile Bank Corp delivered stronger-than-expected second-quarter results, posting earnings per share of $1.53 that surpassed analyst forecasts. Growth was fueled by a 15.7% jump in net interest income and disciplined expense management, even as the Federal Reserve’s rate cuts began to pressure yields on …
Peoples Bancorp delivered a second-quarter earnings beat on the back of margin expansion and lower credit provisions, sending its shares toward a 52-week high. The Marietta, Ohio-based lender posted adjusted earnings of $0.96 per share for the three months ended June 30, 2026, surpassing …
Darline Graham, a Republican, declared her intention to run for a full term in the United States Senate, seeking to occupy the seat vacated by her brother, the late Senator Lindsey Graham. The announcement follows a personal tragedy that opened the seat earlier this …
Southern First Bancshares delivered a mixed quarter, falling short of earnings expectations even as profits soared and loan growth accelerated. Yet beneath the headline miss, the results revealed a business firing on all cylinders: net income jumped 70% year-over-year to $11.2 million, while net …
T Series BDC LLC has finalized an expansion of its credit facility, increasing total borrowing capacity to $800 million as the business development company navigates upcoming amortization deadlines in 2029. The adjustment, completed on July 16, represents a one-third increase from the previous limit …
Washington Trust Bancorp, Inc. (NASDAQ: WASH) delivered earnings that exceeded analyst expectations, reporting earnings per share of $0.83 versus consensus forecasts. Net income for the quarter reached $16.0 million, up $3.4 million from the prior period, and the company raised its dividend. The results …
India’s central bank moved to shore up the rupee as the currency hovered near historic lows, intervening in foreign exchange markets to counter downward pressure fueled by rising crude oil prices. While the RBI has not disclosed the scale of its intervention, the move …
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