News Results

  1. Heritage Commerce Corp Earns $14.8 Million for the Second Quarter of 2022, and $27.7 Million for the First Six Months of 2022
    GlobeNewswire | 07/28/22 05:19 PM EDT

    Heritage Commerce Corp (HTBK), the holding company for Heritage Bank of Commerce, today announced second quarter 2022 net income of $14.8 million, or $0.24 per average diluted common share, compared to $8.8 million, or $0.15 per average diluted common share, for the second quarter of 2021, and $12.9 million, or $0.21 per average diluted common share, for the first quarter of 2022.

  2. Northfield Bancorp, Inc. Announces Second Quarter 2022 Results
    GlobeNewswire | 07/27/22 06:34 PM EDT

    WOODBRIDGE, N.J., July 27, 2022 -- Northfield Bancorp (NFBK), INC.,?the holding company for Northfield Bank, reported diluted earnings per common share of $0.34 and $0.64 for the three and six months ended June?30, 2022, respectively, as compared to $0.40 and $0.78 per diluted share for the three and six months ended June?30, 2021, respectively.

  3. New Affordable Housing Coming to Los Angeles with $72 Million in Financing from?Greystone Affiliate, America First Multifamily Investors, L.P.
    GlobeNewswire | 07/27/22 01:07 PM EDT

    Greystone affiliate, America First Multifamily Investors, L.P., today announced that it has purchased $72 million in tax-exempt and taxable mortgage revenue bonds for the acquisition of land and construction of a 200-unit seniors affordable housing property in Los Angeles.

  4. Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per Share
    GlobeNewswire | 07/21/22 04:15 PM EDT

    Chemung Financial Corporation (CHMG), the parent company of Chemung Canal Trust Company, today reported net income of $8.0 million, or $1.72 per share, for the second quarter of 2022, compared to $6.8 million, or $1.45 per share, for the second quarter of 2021.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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