FSWA News and Press, First Sound Bank

2023-11-16 05:43:06 ET More on First Sound Bank Financial information for First Sound Bank For further details see: First Sound Bank shareholders approve acquisition by Harborstone Credit Union

First Sound Bank Shareholders Approve Acquisition by Harborstone Credit Union PR Newswire SEATTLE , Nov. 15, 2023 /PRNewswire/ -- First Sound Bank (OTCPK: FSWA) today announced that at a special meeting of shareholders held earlier today, its shareholders ap...

Harborstone Credit Union Announces Agreement to Acquire First Sound Bank PR Newswire LAKEWOOD, Wash. and SEATTLE , Aug. 1, 2023 /PRNewswire/ -- Harborstone Credit Union announced today it has entered into a definitive agreement to acquire Seattle, Wash...

Summary BM Technologies has three major developments that are set to materialize within the next 12-18 months and the market doesn't seem to care. Despite having ample liquidity to weather a temporary compression in earnings, the market thinks the business model is dead and the company ...

Summary Cedar Creek increased by 13.4% in the third quarter, net of fees and expenses, and was up 2.4% in the first nine months, net of fees and expenses. Cedar Creek fund holdings are at incredibly attractive prices. We continue to have more attractive ideas than capital. ...

BM Technologies was created as a subsidiary of Customers Bancorp and started trading publicly via a merger with SPAC Megalith Financial Acquisition around January 2021. Building on a core higher-ed disbursement business BMTX has grown deposits by 141% annually since 2019. The upcoming...

Almost immediately after we purchased BM Technologies shares, the price jumped by 40% and we trimmed position. The stock has languished at $6 per share, which is just 2.5 times trailing adjusted EBITDA of $2.40 per share. We think the current valuation of just over one times EBITD...

Cedar Creek Partners is a hedge fund. The fund applies the typical bottom-up concentrated value approach of looking for a discount to intrinsic value to the neglected areas of the market, micro and nano caps. Cedar Creek declined by 10.2% in the second quarter, net of fees and expense...

BM Technologies runs a college disbursement business that has brought in $2 billion of deposits. The company recently announced its intention to acquire First Sound Bank and its accompanying bank charter. The bank charter will significantly enhance revenue, as BM Technologies buil...

Achieves Important Milestone in the Evolution of the Company Allowing for the Expansion of its Products & Services to Better Serve Customers Increases and Diversifies Earnings, and Creates a FinTech-driven Banking Franchise with a Long-term Sustainable Business Model ...