"In spite of challenging times for the entire industry as a result of the rate environment, First Northwest executed on a balance sheet restructure strategy.
CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for June 2024. North American corporate requests totaled 6,561 in June, which is down 10.9% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? fell 5.0% versus May totals.
?First Busey Corporation Net Income of $27.4 millionDiluted EPS of $0.47 SECOND QUARTER 2024 HIGHLIGHTS For additional information, please refer to the 2Q24 Earnings Investor Presentation.
Farmers and Merchants Bancshares, Inc., the parent company of Farmers and Merchants Bank (FMFG), announced that net income for the six months ended June 30, 2024 was $2,298,496, or $0.74 per common share, compared to $3,570,968, or $1.16 per common share, for the same period in 2023.
CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for May 2024. North American corporate requests totaled 7,362 in May, which is down 3.2% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? rose 51.5% versus April totals.
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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