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Peoples Bancorp Inc completes acquisition of North Akron Savings Bank

Friday, 24 Oct 2014 04:19pm EDT

Peoples Bancorp Inc:Completes acquisition of Akron, Ohio-based North Akron Savings Bank effective as of the close of business on Oct. 24 in a cash and stock transaction with a total value of about $20.1 mln, or $7,655 per share.Eighty pct of the consideration was paid in the Company's common stock and the remainder was paid in cash.As a result of the merger, North Akron's four full-service banking locations located in Akron, Cuyahoga Falls, Munroe Falls and Norton, Ohio will operate as branches of Peoples Bank.Dinsmore & Shohl LLP served as the Company's legal counsel. North Akron was advised by Brouse McDowell.

Diamond Bank PLC announces change in CEO

Friday, 24 Oct 2014 11:35am EDT

Diamond Bank PLC:Appoints Uzoma Dozie as its new Group Managing Director/CEO following the voluntary retirement of the Group Managing Director/Chief Executive Officer, Alex Otti.Dozie's appointment is subject to the approval of Central Bank of Nigeria.

West Bancorporation Inc decares dividend

Friday, 24 Oct 2014 08:30am EDT

West Bancorporation Inc:Declares regular quarterly dividend of $0.14 per common share, which is 17 pct increase over previous quarterly dividend.Dividend is payable on Nov. 19.Record date on Nov. 5.

Iyo Bank Ltd raises consolidated mid-year and full-year outlook for FY 2015

Friday, 24 Oct 2014 03:55am EDT

Iyo Bank Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 63,700 million yen from 57,500 million yen.Ordinary profit forecast increased to 26,200 million yen from 19,000 million yen.Net profit forecast increased to 16,700 million yen from 12,100 million yen.Earnings per share forecast increased to 52.83 yen from 38.28 yen.Says the company raised the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 120,000 million yen from 116,500 million yen.Ordinary profit forecast increased to 44,500 million yen from 39,000 million yen.Net profit forecast increased to 28,200 million yen from 24,700 million yen.Earnings per share forecast increased to 89.21 yen from 78.16 yen.Comments that increased security interest, decreased credit cost and gain on reversal of allowance for doubtful accounts are the main reasons for the forecast.

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Analyst Research

Report Title Price
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: VRS (Valuation & Research Specialists)
$75.00

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