Banking & Finance

First Niles Financial Declares Dividends

NILES, Ohio — First Niles Financial Inc. announced a cash dividend of three cents per share on common stock and four cents per share on preferred class A stock for the most recent quarter. The dividend will be payable March 24 to shareholders of record March 10, the bank holding company announced Friday. FNFI is […]

Ryan Leads Charge Against Trump Fiduciary Rule Change

YOUNGSTOWN, Ohio – Democratic members of Ohio’s congressional delegation and allies took part in a conference call to shine a spotlight on a rule to protect investors that the Trump administration has targeted. President Trump issued a memorandum Feb. 3 calling for the U.S. secretary of labor to examine the Fiduciary Duty Rule, which was […]

FNB Declares 12¢ Cash Dividend on Common Stock

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Thursday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable March 15 to shareholders of record March 2. In the fourth quarter, F.N.B. reported net income of $51.3 million, or 24 […]

FNB Declares Cash Dividend of 12¢ on Common Stock

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Thursday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable March 15 to shareholders of record March 2. In the fourth quarter, F.N.B. reported net income of $51.3 million, or 24 […]

Pain of Job Loss Eased by Living Close to Parents

CLEVELAND – Younger Americans who lose their jobs because of a factory closing but live in the same neighborhood as their parents are more likely to rebound quicker than those who live farther away, a study by the Cleveland Fed finds. The study, “Parental Proximity and the Earnings Consequences of Job Loss,” was written by […]

January House Sales Dip from Year Ago

YOUNGSTOWN, Ohio – Sales of houses in the tri-county area started 2017 down slightly from last year, the latest monthly data show. A total of 340 houses were sold in January, according to data compiled by the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors. That’s down from the 358 units […]

Growth Report 2017: Chemical Bank Achieves Solid First Year in Valley

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. WARREN, Ohio — The 16 offices of Chemical Bank in the Mahoning Valley, formerly Talmer Bank and Trust, posted another year of solid growth and profits, says its regional president, Mark Wenick. Contributing to that performance is the wealth management […]

Growth Report 2017: Strong Loan Demand At Seven Seventeen Credit Union

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journa WARREN, Ohio — Seven Seventeen Credit Union recorded a 10.6% increase in its loan portfolio in 2016 and achieved strong financials as its focused on the financial well-being of its members, says Gary Soukenik. Soukenik is president and CEO of […]

Growth Report 2017: First National Bank Stays on Growth Path

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Vincent J. Delie Jr., President and CEO, F.N.B. Corp. PITTSBURGH — F.N.B. Corp. again made tremendous strides in 2016, deepening its commitment to serving customers through advances in technology and expanding its footprint. Its largest affiliate, First National Bank […]

Top 15 Commercial Property Sales Total $16.6 Million

AUSTINTOWN, Ohio – Commercial real estate sales were exceptionally active in January with $16.6 million worth of transactions represented by the 15 highest sales of commercial properties in Mahoning, Trumbull and Columbiana counties. Among the properties that changed hands last month was the former Campus Health Care Center at 196 Colonial Drive in Youngstown, which […]

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