Home Actualité internationale World news – CA – Farmers & Merchants Bancorp announces year-end cash dividend increase
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World news – CA – Farmers & Merchants Bancorp announces year-end cash dividend increase

. . Lodi, California. , Nov. 13, 2020 - Farmer Management Board & Merchants Bancorp (OTCQX: FMCB), a banking holding company headquartered in Lodi,

. .

LODI, Calif. , Nov. 13, 2020 – & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, announced a year-end cash dividend of $ 7. 50 per share of common stock, an increase of 4. 90% on the cash dividends announced in November 2019. Dividend will be paid on January 2, 2021 to shareholders of record on December 9, 2020. Total cash dividend payments declared during the past year are $ 14. 75 per share.

Kent A.. Steinwort, Chairman, President and Chief Executive Officer stated: “We are delighted that Farmers & Merchants Bancorp’s performance in the third quarter and financial performance to date in 2020 has allowed for an increase in cash dividends while providing a level of capital retention that supports the company. Growth plans. Although low market interest rates and the economic slowdown caused by the COVID-19 health crisis are negatively affecting the performance of many financial institutions, we remain cautiously optimistic about farmers’ expectations of & Merchants Bancorp’s financial results in the remainder of 2020. This year marks the 86th consecutive year that Farmers & Merchants Bancorp pays dividends and the dividend has increased for the 56th consecutive year.. As a result of the reliability of our cash dividends over many decades, we remain a member of a select group of only 30 publicly-listed companies referred to as the Dividend Kings..

Farmers & Merchants Bancorp has a record net income of $ 14. $ 8 million in the third quarter of 2020, and $ 43. 2 million for the nine months ended September 30, 2020, which is an increase of 7. 8% and 4. 5% for the same periods of the previous year. Earnings per share of common stock outstanding for the third quarter were $ 18. 66, up from $ 17. 45 in the third quarter of 2019, and for nine months it was $ 54. 49, up from $ 52. 64 in the previous year. Additionally, the company’s net income for the next twelve months was $ 57. 9 million ($ 73. 03 per share as reported), compared to $ 54. 4 million over the same period of the previous year. Return on average assets for the third quarter was 1. 40% and for the nine months it was 1. 44% and return on average equity 14. 40% for the third and 14th quarter. 54% for the nine months. Total assets at the end of the quarter were $ 4. 3 billion, up by 20. 5% from Q3 2019. As of September 30, 2020, the company’s credit quality remains strong, with only $ 498,000 in troubled loans and leases and a very low delinquency ratio. . 04%.

The ratio of Tier 1 leverage to company capital was 9. 5% on September 30, 2020, and the total share capital ratio is 13. 12%, resulting in the highest possible regulatory rating of « good capital ». Had the company not participated in SBA’s Payroll Check Protection program, the net result would have been an 86bps improvement to the Level 1 leverage ratio on September 30, 2020, increasing the ratio to 10. 36%.

About & Merchants Bancorp Farmers & Merchants Bancorp, traded in OTCQX under the symbol FMCB, is the parent company of & Merchants Bank in Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank that proudly serves the state of California through 32 convenient locations. We are the third largest agricultural lender in the United States, and the largest community lending bank for agriculture west of the Rocky Mountains. . In 2013, the bank began expanding into the San Francisco Bay Area with new full-service branches in Walnut Creek and Concord.. In early 2018, a loan production office opened in Napa, which turned into a full-service branch in September 2018. The bank offers a full range of corporate loan, deposit, equipment leasing and treasury management products, as well as a full range of retail banking products. FDIC awarded F&M the highest possible rating « Outstanding » in their CRA evaluation. & growers have paid Bancorp dealers dividends for 86 consecutive years and increased profits for 56 consecutive years. As a result, we are a member of a select group of only 30 publicly-listed companies referred to as « profit kings ». Additionally, the bank has maintained a 5-star rating from BauerFinancial for 29 consecutive years, longer than any other commercial bank in California.. . For more information on Farmers & Merchants Bancorp and F&M Bank, visit fmbonline. Com.

Forward-Looking Statements Statements about future performance, developments or events, expectations about growth and income projections, and any other guidance about future periods constitute forward-looking statements that are subject to a number of risks and uncertainties, including the continuing impact of COVID-19.. Actual results may differ materially from the stated expectations. Determinant factors include, but are not limited to, loan production, balance sheet management, net interest margin levels, ability to control costs and expenses, interest rate changes, competitive environment, financial and regulatory policies of the United States government, water California governance issues and conditions. General economic. Additional information about these and other factors that can affect financial results is included in our Securities and Exchange Commission files. The company disclaims any obligation to update any of these factors or to publicly announce the results of any reviews of any forward-looking statements contained herein to reflect future events or developments.

& Farmers Traders Bancorp Stephen W.. Haley, 209-367-2411 Executive Vice President and Chief Financial Officer [email protected]

Equity Notice: Rosen Law Firm announces investigation of securities claims against Alphabet Inc. – GOOG and GOOGL

CUPERTINO, CALIFORNIA – Media OutReach – November 9, 2020 – SugarCRM Inc. Today, the innovator of the Time-Conscious Customer Experience (CX), announced that Home, rather than Australia, has expanded its relationship with SugarCRM through expanded use of the time-aware CX platform to deepen its engagement with clients, their families, and the community and provide more personalized care and expertise.

With the elderly population growing sharply, Home rather than Australia’s commitment to supporting seniors, their families and their communities remains steadfast. They understand that great care and service outcomes start with an understanding of their clients and the community, and the best way is to communicate with them on a deeper, personalized level.

“We pride ourselves on the level of high-quality, relationship-based home care services provided by our highly skilled and trained caregivers,” said Justin Ton, IT Director, Home instead of Australia. “Our expanded use of SugarCRM’s customer experience platform will greatly enhance our capacity through a clearer insight into our customers’ journey and interaction with us.. This will allow us to communicate more deeply with existing clients, establish stronger relationships with them as well as increase our outreach to the community.

Home Instead, Australia will continue to leverage the sugar sale, Sugar Serve service, and Sugar Connect and expand usage across the team to capture, track and analyze data used to develop relationships at every stage of their interaction with customers and families.. The data will also be used to drive market segmentation and for more personalized interactions and sponsorship information through the Sugar Market’s marketing automation capabilities, along with the Sugar Customer Journey Visual Task Manager..

“Our society is aging globally, and it is important to understand how elderly care can be designed on the basis of a deeper connection and an understanding of what they need.. We are proud to work with Home instead of Australia and to be their long-time partner towards providing more specialized care to the community through Home Care Services and more, ”commented Jason De Breeze, Senior Vice President and General Manager, Asia Pacific, Sugar CRM. At Sugar, we believe in working with clients to build clear visibility for their customers, and with great understanding, improved communication, increased engagement and growth come through the use of Sugar’s time-aware CX platform..

In order to support effective continuity of care as well as sustainable care models, Home rather than Australia will look at future considerations including Sugar’s capabilities that support AI to forecast, forecast and take action to enhance its business models. Sugar’s time-aware CX solutions allow marketing, sales and service teams to gain high-res customer visibility and deliver a better experience across the customer journey. To learn more, visit https: // www. sugarcrm. Com / solutions /.

Home alternatively Australia has been the trusted partner for care services in Australia since 2005. Part of a global home care service provider with footprints in 14 countries, Home is instead of Australia a nationally owned and operated network of more than 40 offices serving seniors from all over the states and major cities in the country..

SugarCRM’s sales, marketing, and time-aware services software helps businesses deliver a high-definition (HD-CX) customer experience. For mid-market businesses and anyone wanting an experience-driven platform, Sugar provides teams with the time-conscious customer data they need to achieve clear customer visibility, reach new levels of business performance, predictability, and increase customer lifetime value..

Over 4,500 companies in over 120 countries rely on SugarCRM. SugarCRM is based in Silicon Valley, and is backed by Accel-KKR.

Singapore – Media OutReach – November 5, 2020 – Chubb today announced the appointment of Kho Dinh as the new head of state for general insurance business in Vietnam with immediate effect.

in her new role, Mrs.. Deanh will oversee the operations and business development activities of Chubb’s main business lines in Vietnam, namely: property & casualties as well as Accidents & Health Insurance. She is also responsible for managing organizational relationships, strategic partnerships and affinity relationships. She will report to Glenn Brown, CHAP’s Regional Vice President for Asia Pacific and Head of Southeast Asia.

Mrs.. Deenah has two decades of experience in the insurance industry, having held various leadership positions with insurance companies and international brokers. Prior to joining Chubb, she was a Director at AXA Insurance Company responsible for health and employee benefits across both the life and general insurance business of the company in Singapore..

On this new appointment, mr. Brown said, « I am delighted to welcome the lady. His religion is for the Southeast Asia Leadership Team. She is a recognized leader with a proven track record of achieving results. Her extensive experience in consumer insurance as well as in the small and medium-market commercial sector, will put us in good stead as she manages the company to match the growth ambitions we have for Vietnam..

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property insurance, accident insurance, personal accident insurance, supplemental health insurance, reinsurance and life insurance to a variety of clients.. As a placement firm, we assess, assume and manage risk with insight and discipline. We serve and pay our claims fairly and quickly. The company is also defined by its comprehensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally.. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 Index.. Chubb has executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide..

KAOHSIUNG, Taiwan – Media OutReach – November 5, 2020 – The city of Kaohsiung, in southern Taiwan, will provide a framework for global events of the post-pandemic era with new ideas and technologies to help shape a future that works for all, city officials said on November 3.

The Kaohsiung Protocol was signed by Kaohsiung Mayor Chen Chi Mai and James Rees, President of the International Association of Congress and Conferences (ICCA), via holographic projection on the last day of the 59th Conference of the International Council of Associations (ICCA) held here.

“The key to any successful transformation is gaining strength from different areas of expertise. This is why meeting making is important to us.

“Congress brings (ICCA) members together so that all industry stakeholders can connect with each other and share what we know,” he added..

The Kaohsiung Protocol is a framework that identifies the major trends and key strategies that enable the international conference industry to flourish now and in the future.

“As Kaohsiung transforms, it tells the story of innovation people have made on this beautiful land. Kaohsiung opens up to the new, unafraid of challenges. Mayor Chen said: « With this energy in the minds of people and the rich culture of our society, we are creating a city that embraces diversity. ». .

More than 1,000 ICCA members joined the conference that opened at the Kaohsiung National Arts Center on November 1..

Participants talked about Taiwan’s success in curbing the Covid-19 virus and discussed global events in the new post-pandemic normal.. Congress succeeded in converting the actual meeting into a hybrid meeting.

The Swiss cloud storage provider just announced big sales to celebrate its 11th anniversary. 11 ZUG, Switzerland – Media OutReach – November 9, 2020 – pCloud, Available here.. . .

CUPERTINO, CALIFORNIA – Media OutReach – November 9, 2020 – SugarCRM Inc. Today, the innovator of Time-Conscious Customer Experience (CX) announced Home instead of Australia. . .

Promoting traditional cultures and promoting cultural exchanges MACAU – Media OutReach – November 6, 2020 – “The first Guangdong Bay, Hong Kong, and the Greater Macau. . .

The super app for corporate compliance and accounting will use the funds to further develop engineering, product development, and marketing. . .

It’s early holiday savings season with discounts and thousands of deals from brands including Laneige, LEGO, Skip Hop and. . .

Singapore – Media OutReach – November 6, 2020 – Logicalis Asia, part of the Logicalis Group, the leading international IT solutions and managed services. . .

ONLYOFFICE is very multi-level and versatile, it is an open source collaboration and office platform for users at all levels, renaming and improving. . .

MACAU – Media OutReach – November 5, 2020 – Outperforms several popular hospitality brands and ventures in the region, the Suncity Group’s integrated Hoiana. . .

KAOHSIUNG, Taiwan – Media OutReach – November 5, 2020 – Kaohsiung, in southern Taiwan, will provide a tire. . .

Singapore – Media OutReach – November 5, 2020 – Chubb today announced the appointment of Kho Dinh as the country’s new president. . . .

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Farmers & Merchants Bancorp (CA), Dividend, Bank Holding Company, Finance, Financial Services, F&M Bank, OTCMKTS: FMCB

World News – CA – & Farm Merchants Bancorp announces in Cash dividends at the end of the year
. . Related Headline :
Farmers & Merchants Bancorp Announces Increase in Year-End Cash Profits
Farmers & Merchants Bancorp, Inc. Announces a Reorganization of the Bureau
Farmers & Bancorp Traders Raises Dividend by 3%
Form 8-K FARMERS & MERCHANTS BANC for: November 13

Ref: https://www.globalbankingandfinance.com

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