Newswire

Newswire

TowneBank Reports Third Quarter 2023 Earnings

SUFFOLK, Va., Oct. 28, 2023 (GLOBE NEWSWIRE) — TowneBank (the “Company” or “Towne”) (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2023 of $50.40 million, or $0.69 per diluted share, compared to $34.46 million, or $0.48 per diluted share, for…

Logan Ridge Finance Corporation Receives “BBB-” Investment Grade Rating from Egan-Jones and Announces Private Placement of $50 Million 5.25% Senior Unsecured Notes Due 2026

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company” or “Logan Ridge”), a business development company, today announced that it has been assigned a credit rating of “BBB-” from Egan-Jones Rating Company (“Egan-Jones”).…