California Financial Group, Inc. (NASDAQ:FCAL) reported net income for the full year ended December 31, 2011 of $23.4 million, the highest earnings in the company’s history. For the 2010 full year, net income was $1.4 million. Net income available to common shareholders for 2011 was $20.8 million, or $0.71 per diluted share, compared with $160,000, or $0.01 per diluted share, for the prior year. Preferred dividends were $2.6 million for 2011 compared with $1.3 million for 2010. 2011 preferred dividends included a $1.1 million deemed dividend in connection with the redemption of Company’s series B preferred shares. At December 31, 2011, tangible book value per common share was $4.19, a 15 percent increase from year-end 2010.
First California Financial Group, Inc. operates as the holding company for First California Bank, which provides commercial banking services to individuals, professionals, and small- to mid-sized business in California.
****************************************
Sun Bancorp, Inc. (Nasdaq:SNBC) will announce its fourth quarter earnings on Monday, January 30, 2012. The Company will hold a conference call on Tuesday, January 31, 2012 at 11:00 AM (ET) to discuss results and answer questions from analysts. Participants may listen to the live Webcast through the Sun Bancorp website at www.sunnb.com. Participants are advised to log on 10 minutes ahead of the scheduled start of the call. An Internet-based replay will be available at the website for two weeks following the call.
Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides a range of commercial and retail banking products and services in the United States.
****************************************
Dime Community Bancshares, Inc. (NASDAQ:DCOM) reported financial results for the quarter and fiscal year ended December 31, 2011. Consolidated net income for the quarter ended December 31, 2011 was $12.7 million, or 38 cents per diluted share, compared to $11.2 million, or 33 cents per diluted share, for the quarter ended September 30, 2011, and $10.6 million, or 31 cents per diluted share, for the quarter ended December 31, 2010. The linked-quarter EPS growth of $0.05 reflected both a $0.03 non-recurring recovery of a reserve for uncertain tax positions, and a lower loan loss provision that benefited EPS by $0.01.
Dime Community Bancshares, Inc. operates as the holding company for The Dime Savings Bank of Williamsburgh that provides financial services and loans primarily for multifamily housing.
****************************************
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Online advertisers, particularly brand advertisers, should take advantage of the online video growth opportunity by using videos to connect and engage with the growing and diversifying audience. Advertisers can increase their brand awareness by incorporating videos on their website as well as on video sites. These videos could be used to promote or demo a product or service or share consumer success stories that further validate the value of a product or service.
Crown Equity Holdings Inc. (CRWE.OB) announced that it has launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload watch and share original videos.
“The CRWE Tube team has built an exciting media platform, which allows people and businesses large and small to quickly and efficiently reach a vast new audience,” said Kenneth Bosket, President of Crown Equity Holdings Inc. “With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.”
For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com.
******************************************************************
For FREE Daily Stock Alerts & Updates Sign-up At: http://pennytobuck.com/signup
******************************************************************
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer (http://pennytobuck.com/disclaimer ) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyToBuck.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.
