News Results

  1. Heritage Commerce Corp Earns Record $20.8 Million for the Fourth Quarter of 2022, and Record $66.6 Million for Full Year 2022
    GlobeNewswire | 01/26/23 05:12 PM EST

    Heritage Commerce Corp (HTBK), the holding company for Heritage Bank of Commerce, today announced fourth quarter 2022 net income increased 49% to $20.8 million, or $0.34 per average diluted common share, compared to $14.0 million, or $0.23 per average diluted common share, for the fourth quarter of 2021, and increased 15% from $18.1 million, or $0.30 per average diluted common share, for the third qua...

  2. Chemung Financial Corporation Reports Annual Net Income of $28.8 million, or $6.13 per share, and Fourth Quarter 2022 Net Income of $7.4 million, or $1.58 per Share
    GlobeNewswire | 01/26/23 07:00 AM EST

    Chemung Financial Corporation (CHMG), the parent company of Chemung Canal Trust Company, today reported net income of $28.8 million, or $6.13 per share, for the year ended December 31, 2022, compared to $26.4 million, or $5.64 per share, for the year ended December 31, 2021.

  3. First Busey Announces 2022 Fourth Quarter Earnings
    GlobeNewswire | 01/24/23 05:00 PM EST

    First Busey Corporation.

  4. Brean Capital Engages Municipal Bond Team
    GlobeNewswire | 11/10/22 09:00 AM EST

    Brean Capital, LLC announced the hiring of Municipal Bond veterans Bill Mangan, Greg Swanson and John Paskalides as Managing Directors in the fixed income division. Prior to joining Brean, Bill Mangan was a Managing Director of Citi Global Markets, Institutional Sales, with over 30 years of experience.

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.