Finance News

RIDGELAND, Miss.--(BUSINESS WIRE)--BancPlus Corporation, the holding company for BankPlus, today announced that on April 24, 2025, its Board of Directors declared a quarterly cash dividend of $0.50 per share of its common stock. The cash dividend is equivalent to an annualized dividend of $2.00 per share. The cash dividend will be paid on June 13, 2025, to shareholders of record as of the close of business on May 15, 2025. About BancPlus Corporation BancPlus Corporation is the holding company o...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively referred to as Principal. Concurrently, AM Best has affirmed the Long-Term ICRs of “a” (Excellent) of Principal Financial Se...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock. The dividend is payable on June 24, 2025 to stockholders of record at the close of business on June 6, 2025. With $32.4 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payme...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb” (Good) from “a-” (Excellent) of Oregon Mutual Insurance Company and Western Protectors Insurance Company, which are domiciled in McMinnville, OR and collectively referred to as Oregon Mutual Group. The outlooks assigned to these Credit Ratings (ratings) is stable. The ratin...

DUBLIN--(BUSINESS WIRE)--The "Loyalty Programs Market Intelligence and Future Growth Dynamics - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2025 Update" report has been added to ResearchAndMarkets.com's offering. The global loyalty market is expected to grow by 15.9% on annual basis to reach US$93.79 billion in 2025. In value terms, the global loyalty market has recorded a CAGR of 17.8% during 2020-2024. The g...

DALLAS--(BUSINESS WIRE)--Hyosung urges all ATM owners to implement critical security updates to protect machines from cyber threats that have affected multiple ATM networks....

HAMILTON, Bermuda--(BUSINESS WIRE)--Everen Specialty, a Bermuda-based (re)insurer for energy markets worldwide, today announced the appointment of Carla Greaves as its new Chief Underwriting Officer (CUO). Ms. Greaves will join the Executive Leadership Team of the Everen Group, based in the Bermuda office, later this year. She succeeds Jane Peterson, Interim CUO, who will continue in a consultancy capacity to facilitate the transition. With more than 30 years of underwriting and leadership expe...

LOS ALAMITOS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Brokers All Cash Seniors Housing Sale...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes (the “Notes”) issued by Kapitus Asset Securitization V LLC, Series 2025-1. Kapitus, formerly known as Strategic Funding Source, Inc. (“Kapitus” or the “Company”), was founded in 2006 and provides financing to small and medium-sized businesses through the use of proprietary risk scoring models, transactional data and technology systems. Since 2014, Kapitus has received financial support from Pine Brook Partners,...

LONDON--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the rated operating subsidiaries of SiriusPoint Ltd. (SiriusPoint) (Bermuda) [NYSE: SPNT]. Additionally, AM Best has affirmed the Long-Term ICR of “bbb-” (Good) of SiriusPoint, which is a non-operating holding company. (See below for a detailed listing of the companies and Cre...