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Profit falls 46 percent at Beacon Federal in Q4
DeWITT — Profit at Beacon Federal Bancorp (NASDAQ: BFED) fell more than 46 percent in the fourth quarter to $763,000, or 13 cents a share.
Tompkins Financial prices stock offering
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) will offer 875,000 shares of its common stock for $40 each. The banking company expects to raise
Tompkins Financial announces stock offering
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) is planning a $30 million stock offering. The banking company plans to use the proceeds for working
First Niagara adds indirect auto lending to portfolio
First Niagara Financial Group (NASDAQ: FNFG) is jumping into the indirect auto lending business. The Buffalo–based banking company said today it will provide a variety
M&T survey finds optimism on economy
Upticks in employment growth and output in late 2011 make the ongoing economic recovery appear more sustainable, according to M&T Bank’s new Economic Outlook Survey.
First Niagara expands small business banking team
First Niagara Financial Group (NASDAQ: FNFG) had added 40 bankers throughout its footprint in the Northeast to focus on small business. They started in February.
First Source formally opens new Rome branch office
ROME — First Source Federal Credit Union marked the grand opening of its newly built Rome branch office on March 1. The office opened Feb.
Pre-tax profit rose 15 percent to nearly $22 billion at HSBC Holdings plc in 2011, the banking company announced today. Earnings per share totaled 92
Companies owned by state retirement fund to disclose political spending
Three California companies will reveal political spending of corporate funds under a new agreement with the New York state comptroller. Comptroller Thomas DiNapoli announced the
Elmira Savings Bank to pay quarterly dividend of 22 cents a share
ELMIRA — The board of directors of Elmira Savings Bank (ticker: ESBK) has declared a 22 cents per share cash dividend on its common shares
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