Achieve Life Sciences Announces Granting of New Hire Inducement Award

SEATTLE, Wash and VANCOUVER, British Columbia, Jan. 27, 2023 (GLOBE NEWSWIRE) — Achieve Life Sciences, Inc. (Nasdaq: ACHV), a late-stage pharmaceutical company committed to the global development and commercialization of cytisinicline for smoking cessation and nicotine addiction, today announced that the Company has issued an inducement grant of stock options to a new employee.   

Achieve’s Board of Directors approved the new employment inducement grant to purchase 15,000 shares of Achieve’s common stock with the grant awarded on January 25, 2023. Achieve granted the stock options as a material inducement to the new employee for entering into an employment agreement with Achieve in accordance with Nasdaq Listing Rule 5635(c)(4). 

The stock options approved under the inducement grant were issued pursuant to a stock option agreement on terms substantially similar to Achieve’s 2018 Equity Incentive Plan and have a per share exercise equal to the closing price of Achieve’s common stock on January 25, 2023. The stock options vest over four years, with 25% vesting on the first anniversary of the employee’s start date and 1/36TH of the remaining shares vesting monthly thereafter, subject to the employee’s continued employment on each such date. The stock options have a 10-year term and are subject to the terms and conditions of the stock option agreements.   

About Achieve and Cytisinicline 
Achieve’s focus is to address the global smoking health and nicotine addiction epidemic through the development and commercialization of cytisinicline. Tobacco use is currently the leading cause of preventable death that is responsible for more than eight million deaths worldwide and nearly half a million deaths in the United States annually.1,2 More than 87% of lung cancer deaths, 61% of all pulmonary disease deaths, and 32% of all deaths from coronary heart disease are attributable to smoking and exposure to secondhand smoke.2

In addition, there are nearly 11 million adults in the United States who use e-cigarettes, also known as vaping.3 While nicotine e-cigarettes are thought to be less harmful than combustible cigarettes, they remain addictive and can deliver harmful chemicals which can cause lung injury or cardiovascular disease.4 In 2021, e-cigarettes were the most commonly used tobacco product reported by 1.72 million high school students.5 Research shows adolescents who have used e-cigarettes are seven times more likely to become smokers one year later compared to those who have never vaped.6 Currently, there are no FDA-approved treatments indicated specifically as an aid to nicotine e-cigarette cessation.
 
Cytisinicline is a plant-based alkaloid with a high binding affinity to the nicotinic acetylcholine receptor. It is believed to aid in treating nicotine addiction for smoking and e-cigarette cessation by interacting with nicotine receptors in the brain, reducing the severity of withdrawal symptoms, and reducing the reward and satisfaction associated with nicotine products. Cytisinicline is an investigational product candidate being developed for treatment of nicotine addiction and has not been approved by the Food and Drug Administration for any indication in the United States. For more information on cytisinicline and Achieve visit www.achievelifesciences.com.

Investor Relations Contact  
Rich Cockrell  
[email protected]  
(404) 736-3838  

Media Contact  
Glenn Silver 
[email protected] 
(646) 871-8485 

References

1World Health Organization. WHO Report on the Global Tobacco Epidemic, 2019. Geneva: World Health Organization, 2017.
2U.S. Department of Health and Human Services. The Health Consequences of Smoking – 50 Years of Progress. A Report of the Surgeon General, 2014.
3Cornelius ME, Wang TW, Jamal A, Loretan CG, Neff LJ. Tobacco Product Use Among Adults — United States, 2019. MMWR Morb Mortal Wkly Rep 2020;69:1736–1742. DOI: 10.15585/mmwr.mm6946a4
4Ogunwale, Mumiye A et al. (2017) Aldehyde Detection in Electronic Cigarette Aerosols. ACS omega 2(3): 1207-1214. DOI: 10.1021/acsomega.6b00489].
5Gentzke AS, Wang TW, Cornelius M, et al. Tobacco Product Use and Associated Factors Among Middle and High School Students – National Youth Tobacco Survey, United States, 2021. MMWR Surveill Summ 2022;71(no. SS-5):1-29. DOI: 10.15585/mmwr.ss7105a1.
6Elizabeth C. Hair, Alexis A. Barton, Siobhan N. Perks, Jennifer Kreslake, Haijun Xiao, Lindsay Pitzer, Adam M. Leventhal, Donna M. Vallone, Association between e-cigarette use and future combustible cigarette use: Evidence from a prospective cohort of youth and young adults, 2017–2019, Addictive Behaviors, Volume 112, 2021, 106593, ISSN 0306-4603. DOI: 10.1016/j.addbeh.2020.106593.



Gray Sets Date for Fourth Quarter Earnings Release and Earnings Conference Call

ATLANTA, Jan. 27, 2023 (GLOBE NEWSWIRE) — Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2022 on Friday, February 24, 2023. 


Earnings Conference Call Information

Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended December 31, 2022, on Friday, February 24, 2023. The call will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast live and available for replay at www.gray.tv. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until March 24, 2023.

About Gray Television

Gray Television, Inc. is a multimedia company headquartered in Atlanta, Georgia. Gray is the nation’s largest owner of top-rated local television stations and digital assets in the United States. Its television stations serve 113 television markets that collectively reach approximately 36 percent of US television households.  This portfolio includes 80 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station. It also owns video program companies Raycom Sports, Tupelo Media Group, (formerly Tupelo Honey) and PowerNation Studios, as well as the studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.gray.tv.


Gray Contacts:


www.gray.tv

Jim Ryan, Executive Vice President, and Chief Financial Officer, 404-504-9828

Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333

 



Whitestone REIT Announces Tax Characteristics of 2022 Distributions

HOUSTON, Jan. 27, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2022 cash distributions to holders of common shares (CUSIP 966084204). The federal tax treatment of 2022 distributions as it is expected to be reported on Form 1099-DIV is as follows:

Record Date Payable
Date
Total
Distribution
Per Share
Ordinary
Dividends
Total Capital
Gain
Distribution
Unrecaptured
Sec 1250 Gain
Return of
Capital
(Nontaxable
Distribution)
Section 199A
Dividends (1)
1/4/2022 1/13/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.035833
2/2/2022 2/11/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.035833
3/2/2022 3/11/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.035833
4/4/2022 4/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
5/3/2022 5/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
6/2/2022 6/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
7/5/2022 7/13/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
8/2/2022 8/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
9/6/2022 9/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
10/4/2022 10/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
11/2/2022 11/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
12/2/2022 12/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000
  2022 Total $0.467499 $0.467499 $0.000000 $0.000000 $0.000000 $0.467499

(1)   Represents dividends eligible for the 20% qualified business income deduction under Section 199A and is included in “Ordinary Dividends”.

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Whitestone REIT distributions.

About Whitestone REIT

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country:  Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.

Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.  The company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.  For additional information, please visit our investor relations website.

Investor and Media Contact:

David Mordy
Director of Investor Relations
Whitestone REIT
(713) 435-2219
[email protected]



Offerpad to Release Fourth-Quarter and Full-Year 2022 Results on February 22nd

Offerpad to Release Fourth-Quarter and Full-Year 2022 Results on February 22nd

CHANDLER, Ariz.–(BUSINESS WIRE)–
Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarter and full-year 2022 financial results on Wednesday, February 22, 2023. The company also will host a conference call and accompanying webcast at 5:00 p.m. ET that same day to discuss financial results and recent developments.

The conference call will be webcast live on Offerpad’s Investor Relations website. Participants in the call can register here to receive a personalized dial in number and PIN. A replay of the event will be available on Offerpad’s Investor Relations website after the live webcast concludes.

About Offerpad

Offerpad’s mission is to deliver the best home buying and selling experience so you can spend less time ‘real estat-ing’ and more time living. From cash offers and flexible listing options to mortgages and buyer services, Offerpad has been helping homeowners since 2015. We pair our local expertise in residential real estate with proprietary technology to put you in control of the process and help find the right solution that fits your needs. Visit Offerpad.com for more information.

#OPAD_IR

Investors

Stefanie Layton

[email protected]

Media

[email protected]

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Data Management Technology Residential Building & Real Estate Construction & Property Software Internet

MEDIA:

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ProFunds Announces Mutual Fund and VP Fund Share Splits

ProFunds Announces Mutual Fund and VP Fund Share Splits

BETHESDA, Md.–(BUSINESS WIRE)–
ProFunds, the premier provider of leveraged and inverse funds, announced today reverse splits for the ProFunds and VP fund listed below. The reverse splits will not change the total value of a shareholder’s investment.

ProFunds will implement the reverse splits in two phases, on two separate dates.

Reverse Splits – Phase One

The following three ProFunds will reverse split at the ratios indicated:

Fund Name

Investor Class

Ticker

Service Class

Ticker

Split Ratio

UltraChina

UGPIX

UGPSX

1:10

UltraShort Mid-Cap

UIPIX

UIPSX

1:10

Short Small-Cap

SHPIX

SHPSX

1:5

All reverse splits in Phase One will apply to shareholders of record as of market close on March 3, 2023. The funds will trade at the post-split prices on March 6, 2023. The ticker symbols and CUSIP numbers for the funds will not change.

Reverse Splits – Phase Two

The following two ProFunds will reverse split at the ratios indicated:

Fund Name

Investor Class

Ticker

Service Class

Ticker

Split Ratio

Short Nasdaq-100

SOPIX

SOPSX

1:5

UltraShort Nasdaq-100

USPIX

USPSX

1:5

The following VP ProFund will reverse split at the ratio indicated:

Fund Name

Split Ratio

CUSIP

VP UltraShort Nasdaq-100

1:5

743185613

All reverse splits in Phase Two will apply to shareholders of record as of market close on March 10, 2023. The funds will trade at the post-split prices on March 13, 2023. The ticker symbols and CUSIP numbers for the funds will not change.

Reverse splits increase the price per share of each fund with a proportionate decrease in the number of shares outstanding. For example, for a 1-for-5 reverse split, every five pre-split shares held by a shareholder will result in the receipt of one post-split share, which will be priced at five times the net NAV of a pre-split share. Thus, the total value of a shareholder’s investment is not affected.

Illustration of a Reverse Split

The following table shows an example of the effect of a hypothetical 1-for-5 split:

 

# of Shares Owned

Hypothetical NAV

per Share

Total Value of

Shares Held

Pre-Split

1,000

$6.00

$6,000.00

Post-Split

200

$30.00

$6,000.00

About ProFunds

Founded in 1997, ProFunds has 25 years of experience managing a diverse lineup of some of the most innovative funds in the financial industry and offers trading flexibility to all shareholders. In addition to broad-market index funds, ProFunds offers leveraged and inverse funds that track a variety of assets, including broad-market and sector-based domestic and international equity, fixed income, crypto, currency, CDS and other benchmarks. Together with ProShares, which launched the first U.S. leveraged and inverse exchange traded funds (ETFs) in 2006, ProFunds and its affiliates manage approximately $60 billion in assets for investors worldwide.

Geared (leveraged or inverse) ProFunds seek daily returns that correspond to a multiple (e.g., 2x or -2x) of the daily return of an index or other benchmark, as measured from one NAV calculation to the next, before fees and expenses. ProFunds’ returns over periods other than one day generally will differ from the fund multiple times the index return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should consider monitoring their ProFunds holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

Investing involves risk, including the possible loss of principal. ProFunds are generally non-diversified, and each entails certain risks, which may include risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short positions lose value as security prices increase. Narrowly focused investments typically exhibit higher volatility. Investments in smaller companies typically exhibit higher volatility. Smaller company stocks also may trade at greater spreads or lower trading volumes and may be less liquid than stocks of larger companies. Please see summary and full prospectus for a more complete description of risks. There is no guarantee any ProFunds fund will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProFunds before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

ProFunds are distributed by ProFunds Distributors, Inc.

Media Contact

Tucker Hewes, Hewes Communications, Inc., (212) 207-9451, [email protected]

Investor Contact

(888) 776-3637, [email protected]

Financial Professional

(888) 776-5717, [email protected]

KEYWORDS: Maryland United States North America

INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance

MEDIA:

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Howmet Aerospace Board Approves Common and Preferred Stock Dividends

Howmet Aerospace Board Approves Common and Preferred Stock Dividends

PITTSBURGH–(BUSINESS WIRE)–
The Board of Directors of Howmet Aerospace (NYSE:HWM) declared (a) a dividend of 4 cents per share on the outstanding Common Stock of the Company, to be paid on February 27, 2023, to the holders of record of the Common Stock at the close of business on February 10, 2023; and (b) a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on April 1, 2023 to the holders of record of the Class A Stock at the close of business on March 10, 2023.

About Howmet Aerospace

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company’s primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged aluminum wheels for commercial transportation. With nearly 1,150 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint. For more information, visit www.howmet.com. Follow: LinkedIn, Twitter, Instagram, Facebook, and YouTube.

Dissemination of Company Information

Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at www.howmet.com.

Investor Contact

Paul T. Luther

(412) 553-1950

[email protected]

Media Contact

Rob Morrison

(412) 553-2666

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Engineering Aerospace Manufacturing

MEDIA:

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Amplify ETFs Declares January Income Distributions for its Income ETFs

CHICAGO, Jan. 27, 2023 (GLOBE NEWSWIRE) — Amplify ETFs announces January income distributions for its income ETFs.

ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date
Amplify CWP Enhanced Dividend Income ETF DIVO $0.14372 1/27/2023 1/30/2023 1/31/2023
Amplify International Enhanced Dividend Income ETF IDVO $0.14035 1/27/2023 1/30/2023 1/31/2023
Amplify High Income ETF YYY $0.12000 1/27/2023 1/30/2023 1/31/2023
Amplify Natural Resources Dividend Income ETF* NDIV $0.04468 12/29/2022 12/30/2022 1/31/2023

*Special distribution declared in December 2022.

Investors can learn more at AmplifyETFs.com.

About Amplify ETFs

Amplify ETFs, sponsored by Amplify Investments, has over $3.8 billion in assets across its suite of ETFs (as of 12/31/2022). Amplify believes the ETF structure empowers investors through efficiency, transparency, and flexibility. Amplify ETFs deliver expanded investment opportunities for investors seeking growth, income, and risk-managed strategies.

Sales Contact:

Amplify ETFs
855-267-3837
[email protected]

Media Contacts:

Gregory FCA for Amplify ETFs
Kerry Davis
610-228-2098
[email protected]

This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.


Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in Amplify Funds’ statutory and summary prospectus, which may be obtained above or by calling 855-267-3837, or by visiting



AmplifyETFs.com



. Read the prospectuses carefully before investing.

Investing involves risk, including the possible loss of principal.

Amplify ETFs are distributed by Foreside Services, LLC.



Credicorp Ltd.: Credicorp’s Earnings Release and Conference Call 4Q22

Lima, Jan. 27, 2023 (GLOBE NEWSWIRE) — Lima, PERU,January 27th,2023 – Credicorp Ltd. announces to its shareholders and the market that its 4Q22 Earnings Release Report will be released on Thursday February 9th, 2022, after market close.

Credicorp’s Webcast / Conference Call to discuss such results, will be held on Friday February 10th, 2023, at 9:30 am ET (9:30 am Lima, Peru time).

The call will be host by Gianfranco Ferrari – Chief Executive Officer, Cesar Rios – Chief Financial Officer, Francesca Raffo – Chief Innovation Officer, Reynaldo Llosa – Chief Risk Officer, Diego Cavero – Head of Universal Banking, Cesar Rivera – Head of Insurance and Pensions, Carlos Sotelo – Mibanco CFO and Investor Relations Team.

We encourage participants to pre-register for the listen-only webcast presentation using the following link: https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10174956&linkSecurityString=f59cdd5450

Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

Those unable to pre-register may dial in by calling:
1 844 435 0321 Participant dial in (toll free)
1 412 3175615 Participant international dial in
Conference ID: Credicorp Conference Call

The webcast will be archived for one year on our investor relations website at:
https://credicorp.gcs-web.com/events-and-presentations/upcoming-events

Credicorp reminds you that we filed our Annual Report on Form 20-F for the fiscal year ended December 31st, 2021 (2021 Form 20-F) with the Securities and Exchange Commission on April 30th, 2022. The 2021 Form 20-F includes audited consolidated financial statements of Credicorp and its subsidiaries as of December 31st, 2020 and 2021 and for the years ended December 31st, 2019, 2020 and 2021 under IFRS. Our 2021 Form 20-F can be downloaded from Credicorp’s website: https://credicorp.gcs-web.com. Holders of Credicorp’s securities and any other interested parties may request a hard copy of our 2021 Form 20-F, free of charge, by filling out the form located on the link “mail request” on Credicorp’s website.



About Credicorp

Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia and Bolivia. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Banking & Wealth Management, through Credicorp Capital, Wealth Management at BCP and Atlantic Security Bank.

For further information please contact the IR team:

[email protected]

Investor Relations

Credicorp Ltd.

Attachment



BankFinancial Corporation Reports Financial Results for 2022 and Will Host Conference Call and Webcast on Monday, January 30, 2023

BURR RIDGE, Ill., Jan. 27, 2023 (GLOBE NEWSWIRE) — BankFinancial Corporation (Nasdaq – BFIN) (the “Company”) announced today that the Company recorded net income of $10.5 million and basic and diluted earnings per common share of $0.80 for the year ended December 31, 2022.   The Company recorded net income of $3.4 million and basic and diluted earnings per common share of $0.27 for the fourth quarter of 2022.

For the year ended 2022, total loans increased by $182.5 million (17.5%) to $1.227 billion.  Total commercial loans and leases increased by $63.0 million (12.9%) to $552.5 million, reflecting our increasing emphasis on commercial and industrial lending.  Total multi-family mortgages and nonresidential real estate loans increased by $126.6 million (23.9%) to $656.0 million due to increased loan originations and reduced portfolio prepayment rates.  Total other loans decreased by $7.1 million (22.4%) due to our cessation of residential mortgage lending and continued prepayments of existing residential mortgage loans.

The Company’s asset quality remained stable in 2022.  The ratio of nonperforming loans to total loans was 0.13% and the ratio of nonperforming assets to total assets was 0.13% at December 31, 2022. The provision for loan losses increased by $3.1 million in 2022 primarily due to loan portfolio growth and a modest decline of macroeconomic factors during the fourth quarter of 2022. Our allowance for loan losses increased to 0.66% of total loans as of December 31, 2022, compared to 0.64% at December 31, 2021. 

Total deposits decreased by $113.5 million (7.6%) primarily due to the reduced liquidity of commercial depositors and declines in retail money market deposit account balances accumulated during the COVID-19 pandemic.  Core deposits were 86.4% of total deposits, with noninterest-bearing demand deposits representing 20.4% of total deposits. 

The Company’s capital position remained strong, with a Tier 1 leverage ratio of 9.73% at December 31, 2022. Throughout 2022, the Company maintained its quarterly dividend rate at $0.10 per common share. The Company repurchased 485,888 common shares during the year ended December 31, 2022, which represented 3.7% of the common shares that were outstanding on December 31, 2021. The Company’s book value per share remained at $11.90 per share at December 31, 2022.

For the year ended December 31, 2022, the Company’s net interest income before provision for loan losses increased by $7.0 million (16.1%) to $50.8 million due to growth in the loan and investment securities portfolios, and higher yields on loan originations and investment securities.  Non-interest income increased by $287,000 (5.0%) to $6.0 million due to increases in income from deposit services, trust/investment services and bank-owned life insurance death benefit proceeds.  Noninterest expense remained stable at $41.1 million, compared to $40.9 million in 2021.  

For the fourth quarter of 2022, net interest income increased by $66,000 to $14.0 million due to increased yields on loans and investments, net of increases in deposit interest expense. In addition to the loan portfolio growth in the fourth quarter of 2022, the Company increased its short-duration U.S Government Agency investment securities portfolio by $10.0 million at significantly higher yields compared to the third quarter of 2022.  The provision for loan losses increased by $393,000 due to loan portfolio growth and a modest decline in macroeconomic factors during the quarter.   Noninterest income increased by $119,000 to $1.4 million due to seasonally higher loan and deposit services fee income. Noninterest expenses decreased by $562,000 to $10.0 million, due to a reduction in other expenses compared to the third quarter of 2022. 

F. Morgan Gasior, the Chairman and CEO of the Company, said “The Company ended 2022 in a strong financial condition, with excellent asset quality and improved operating leverage.  Our financial results for 2022 reflect in part the continuing impact of our commercial credit originations capabilities, asset-liability management discipline and careful management of operating expenses. We expect our Commercial Finance, Equipment Finance and Treasury Services originations capabilities will contribute further improvements to earnings and to loan portfolio diversity in 2023.  We remain committed to delivering strong financial results and contributions to our shareholders and communities.”   

The Company’s Quarterly Financial and Statistical Supplement will be available today on BankFinancial’s website, www.bankfinancial.com on the “Investor Relations” page, and through the EDGAR database on the SEC’s website, www.sec.gov.  The Quarterly Financial and Statistical Supplement includes comparative GAAP and non-GAAP performance data and financial measures for the most recent five quarters.

BankFinancial’s management will review fourth quarter 2022 results in a conference call and webcast for stockholders and analysts on Monday, January 30, 2023, at 9:30 a.m. Chicago, Illinois Time.  All participants will need to register for the conference call using the conference link below.  We will also publish the conference link on our website.  Participant registration URL:  https://register.vevent.com/register/BI3b0e105d394f4b3aa25be171af82e2ae

This link will take participants to the online registration form.  On the day of the call participants will have their choice of options: dial-in to the call with the number and unique passcode provided OR select the dial-out “Call Me” option to connect their phone instantly.  Participants can join via desktop, tablet, or phone.

For those unable to participate in the conference call, the webcast will be archived through Monday, February 20, 2023 on our website.

BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing banking, wealth management and fiduciary services to individuals, families and businesses in the Chicago metropolitan area and on a regional or national basis for commercial finance, equipment finance, commercial real estate finance and treasury management business customers.  BankFinancial Corporation’s common stock trades on the Nasdaq Global Select Market under the symbol “BFIN.” Additional information may be found at the company’s website, www.bankfinancial.com.

This release includes “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. A variety of factors could cause BankFinancial’s actual results to differ from those expected at the time of this release. For a discussion of some of the factors that may cause actual results to differ from expectations, please refer to BankFinancial’s most recent Annual Report on Form 10-K as filed with the SEC, as supplemented by subsequent filings with the SEC. Investors are urged to review all information contained in these reports, including the risk factors discussed therein. Copies of these filings are available at no cost on the SEC’s web site at www.sec.gov or on BankFinancial’s web site at www.bankfinancial.com. Forward-looking statements speak only as of the date they are made, and we do not undertake to update them to reflect changes.

For Further Information Contact:  
Shareholder, Analyst and Investor Inquiries: Media Inquiries:
Elizabeth A. Doolan
Senior Vice President – Finance
BankFinancial Corporation
Telephone: 630-425-5568
Gregg T. Adams
President – Marketing & Sales
BankFinancial, NA
Telephone: 630-425-5877



Navios Maritime Partners L.P. Announces Cash Distribution of $0.05 per Unit

MONACO, Jan. 27, 2023 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.05 per unit for the quarter ended December 31, 2022. This distribution represents an annualized distribution of $0.20 per unit.

The cash distribution will be payable on February 14, 2023 to unit holders of record as of February 10, 2023.

About Navios Maritime Partners L.P.

Navios Partners (NYSE: NMM) is an international owner and operator of dry cargo and tanker vessels. For more information, please visit our website at www.navios-mlp.com.

Forward-Looking Statements

This press release contains and will contain forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, TCE rates and Navios Partners’ expected cash flow generation, future contracted revenues, future distributions and its ability to make distributions going forward, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, potential capital gains, its ability to take advantage of dislocation in the market and Navios Partners’ growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters and Navios Partners’ ability to refinance its debt on attractive terms, or at all. Words such as “may,” “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements.

These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Navios Partners at the time these statements were made. Although Navios Partners believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Partners. Actual results may differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially include, but are not limited to, risks relating to: global and regional economic and political conditions including global economic activity, demand for seaborne transportation of the products we ship, the ability and willingness of charterers to fulfill their obligations to us and prevailing charter rates, the economic condition of the markets in which we operate, shipyards performing scrubber installations, construction of newbuilding vessels, drydocking and repairs, changing vessel crews and availability of financing; potential disruption of shipping routes due to accidents, wars, diseases, pandemics, political events, piracy or acts by terrorists; uncertainty relating to global trade, including prices of seaborne commodities and continuing issues related to seaborne volume and ton miles, our continued ability to enter into long-term time charters, our ability to maximize the use of our vessels, expected demand in the dry and liquid cargo shipping sectors in general and the demand for our drybulk, containerships and tanker vessels in particular, fluctuations in charter rates for drybulk, containerships and tanker vessels, the aging of our fleet and resultant increases in operations costs, the loss of any customer or charter or vessel, the financial condition of our customers, changes in the availability and costs of funding due to conditions in the bank market, capital markets and other factors, increases in costs and expenses, including but not limited to: crew, insurance, provisions, port expenses, lube oil, bunkers, repairs, maintenance and general and administrative expenses, the expected cost of, and our ability to comply with, governmental regulations and maritime self-regulatory organization standards, as well as standard regulations imposed by our charterers applicable to our business, general domestic and international political conditions, competitive factors in the market in which Navios Partners operates; risks associated with operations outside the United States; and other factors listed from time to time in Navios Partners’ filings with the Securities and Exchange Commission, including its Form 20-Fs and Form 6-Ks. Navios Partners expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Partners’ expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Navios Partners makes no prediction or statement about the performance of its common units.

Contacts
Public & Investor Relations Contact:
Navios Maritime Partners L.P.
+1.212.906.8645
[email protected]

Nicolas Bornozis
Capital Link, Inc.
+1.212.661.7566
[email protected]