JFBI Stock UPDATES Jefferson Bancshares (JFBI) 8.02 08/02/2014
Post# of 273250
HomeTrust Bancshares, Inc. Reports Increased Earnings for Fiscal Year End 2014
GlobeNewswire - Mon Jul 28, 3:15PM CDT
HomeTrust Bancshares, Inc. (Nasdaq:HTBI) (Company), the holding company of HomeTrust Bank, today announced preliminary net income of $10.3 million for the fiscal year ended June 30, 2014 compared to net income of $9.1 million for fiscal year 2013, a 14.2% increase. The increase in net income was primarily driven by improved asset quality leading to a recovery for loan losses of $6.3 million. Net income before merger-related expenses, net of tax, for the fiscal year end of 2014 was $12.2 million compared to $9.1 million for fiscal year 2013, a 35.0% increase. On a basic and diluted per share basis, the Company earned $0.54 per share for the fiscal year ended June 30, 2014 versus $0.45 per share for the fiscal year ended June 30, 2013. Earnings per share before merger-related expenses, net of tax, was $0.64 per share for the fiscal year ended June 30, 2014, an increase of 42.2% compared to the prior fiscal year.
HomeTrust Bancshares, Inc. and Bank of Commerce Announce Shareholder and Regulatory Approval of Share Exchange and Merger
GlobeNewswire - Mon Jun 30, 3:10PM CDT
HomeTrust Bancshares, Inc. ("HomeTrust" (Nasdaq:HTBI), the parent company of HomeTrust Bank (the "Bank" , and Bank of Commerce (BONC.OB) jointly announced today that Bank of Commerce's shareholders have overwhelmingly approved the previously announced share exchange. In addition, all regulatory approvals required for the share exchange and the subsequent merger of Bank of Commerce with and into the Bank have been received. Under the terms of the definitive agreement, Bank of Commerce shareholders will receive $6.25 per share in cash consideration, representing approximately $10.1 million of aggregate deal consideration. In addition, all $3.2 million of Bank of Commerce's preferred stock will be redeemed. The share exchange, redemption of the preferred stock and merger are each expected to close on July 31, 2014, subject to the satisfaction of customary closing conditions. Upon the completion of the merger, HomeTrust will have approximately $2.2 billion in assets.
HomeTrust Bancshares, Inc. and Jefferson Bancshares Complete Merger
GlobeNewswire - Mon Jun 02, 8:34AM CDT
HomeTrust Bancshares, Inc. (Nasdaq:HTBI) ("HomeTrust" , the holding company for HomeTrust Bank, announced today the completion of its acquisition of Jefferson Bancshares, Inc. ("Jefferson" (Nasdaq:JFBI) of Morristown, Tennessee, effective May 31, 2014. In connection with the acquisition, Jefferson Federal Bank, the bank subsidiary of Jefferson, was merged into HomeTrust Bank. The bank merger results in a community bank with total assets of approximately $2.1 billion and an expanded banking presence for HomeTrust in the Kingsport/Johnson City, Knoxville, and Morristown, Tennessee markets. HomeTrust will continue to operate Jefferson's twelve offices under the Jefferson Federal Bank name until a system conversion is completed in August 2014.
HomeTrust Bancshares, Inc. and Jefferson Bancshares, Inc. Announce Shareholder and Regulatory Approval of Merger With HomeTrust Bancshares, Inc.
GlobeNewswire - Tue May 27, 3:15PM CDT
HomeTrust Bancshares, Inc. (Nasdaq:HTBI) and Jefferson Bancshares, Inc. (Nasdaq:JFBI) announced jointly today that Jefferson Bancshares' shareholders have overwhelmingly approved the previously announced merger of the Company with and into HomeTrust Bancshares, Inc. In addition, HomeTrust Bancshares has received all regulatory approvals required for the completion of the merger. The merger is expected to become effective as of May 31, 2014, subject to the satisfaction of customary closing conditions. Based on a May 31, 2014 effective date, each shareholder of the Company will receive merger consideration consisting of $4.00 in cash and .2661 shares of HomeTrust Bancshares common stock for each share of Company common stock owned as of the effective date.
HomeTrust Bancshares, Inc. and Jefferson Bancshares, Inc. Announce Dismissal of Merger-Related Litigation
GlobeNewswire - Thu May 22, 6:37PM CDT
HomeTrust Bancshares, Inc. (Nasdaq:HTBI) and Jefferson Bancshares, Inc. (Nasdaq:JFBI) announced jointly today that the plaintiffs named in the previously filed complaint against Jefferson Bancshares, its Board of Directors and HomeTrust Bancshares in the Chancery Court for Hamblen County, Tennessee have filed a notice of voluntary dismissal that has resulted in the dismissal of all claims against the defendants without prejudice. The dismissal became effective upon the issuance of a related order of voluntary dismissal by the Chancery Court on May 22, 2014. The dismissal was not undertaken pursuant to any negotiated settlement with the plaintiffs, and the defendants have not paid or agreed to pay any amount to the plaintiffs or their counsel in connection with the dismissal.
Research and Markets: Worldwide Mobile Network Operators Directory 2014 - 7th Edition
Business Wire - Fri Jan 31, 4:39AM CST
Research and Markets (http://www.researchandmarkets.com/research/kr44cx/worldwide_mobile) has announced the addition of the "Worldwide Mobile Network Operators Directory 2014" report to their offering.
Jefferson Bancshares, Inc. Announces Earnings for the Quarter and Six Months Ended December 31, 2013
Business Wire - Thu Jan 30, 4:39PM CST
Jefferson Bancshares, Inc. (NASDAQ: JFBI), the holding company for Jefferson Federal Bank (the "Bank" , announced net income for the quarter ended December 31, 2013 of $444,000, or $0.07 per diluted share, compared to net income of $348,000, or $0.05 per diluted share, for the quarter ended December 31, 2012. For the six months ended December 31, 2013, the Company reported net income of $942,000, or $0.15 per diluted share, compared to net income of $643,000, or $0.10 per diluted share, for the six months ended December 31, 2012. The improvement in net income is largely the result of a lower provision for loan losses and lower noninterest expense which more than offset a decrease in net interest income and noninterest income during the quarter and six months ended December 31, 2013.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Jefferson Bancshares, Inc.
Business Wire - Wed Jan 29, 5:48PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Jefferson Bancshares, Inc. ("Jefferson" or the "Company" (Nasdaq: JFBI) relating to the proposed acquisition by HomeTrust Bancshares, Inc. ("HomeTrust" .
INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of JEFFERSON BANCSHARES, INC. and Its Board of Directors In Connection With the Sale of the Company to HomeTrust Bancshares, Inc.
Business Wire - Mon Jan 27, 12:09PM CST
Levi & Korsinsky is investigating the Board of Directors of Jefferson Bancshares, Inc. ("Jefferson" or "the Company" (Nasdaq:JFBI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to HomeTrust Bancshares, Inc. ("HomeTrust" (Nasdaq: HTBI).
Acquisition of Jefferson Bancshares, Inc. by HomeTrust Bancshares, Inc. May Not Be in Shareholders' Best Interests
PR Newswire - Fri Jan 24, 3:18PM CST
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the acquisition of Jefferson Bancshares, Inc. (NASDAQ: JFBI) by HomeTrust Bancshares, Inc. (NASDAQ: HTBI). On January 23, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which HomeTrust will acquire Jefferson Bancshares through a cash-and-stock transaction under which Jefferson Bancshares shareholders will receive $4.00 in cash and $4.00 in HomeTrust stock.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Jefferson Bancshares, Inc. - JFBI
PR Newswire - Fri Jan 24, 12:24PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Jefferson Bancshares, Inc. ("Jefferson" or the "Company" (Nasdaq: JFBI) relating to the proposed acquisition by HomeTrust Bancshares, Inc. ("HomeTrust" .
Nasdaq stocks posting largest volume increases
AP - Thu Jan 23, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage increases
AP - Thu Jan 23, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at the close of trading:
JEFFERSON BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Thu Jan 23, 4:55PM CST
Rigrodsky & Long, P.A.:
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Jefferson Bancshares, Inc. - JFBI
PR Newswire - Thu Jan 23, 1:38PM CST
Pomerantz LLP is investigating claims on behalf of investors of Jefferson Bancshares, Inc. ("Jefferson" or the "Company" (NASDAQ: JFBI) (ISIN: US4723751040) (CUSIP: 472375104) concerning the proposed acquisition of Jefferson by HomeTrust Bancshares, Inc. ("HomeTrust" .
Jefferson Bancshares Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with HomeTrust Bancshares
Business Wire - Thu Jan 23, 11:43AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Jefferson Bancshares, Inc. ("Jefferson" (NasdaqGM: JFBI) related to the merger with HomeTrust Bancshares, Inc. for shareholders. Under the terms of the definitive merger agreement valued at approximately $51.2 million, Jefferson shareholders will only receive $8.00 per share consisting of $4.00 in cash and $4.00 in HomeTrust Bancshares common stock.
JEFFERSON BANCSHARES INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Jefferson Bancshares, Inc. Over the Proposed Sale of the Company to HomeTrust Bancshares, Inc.
PR Newswire - Thu Jan 23, 9:52AM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Jefferson Bancshares, Inc. ("Jefferson" or the "Company" (NASDAQ: JFBI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to HomeTrust Bancshares, Inc. in a cash and stock deal valued at approximately $51.2 million. Under the terms of the proposed transaction, Jefferson's stockholders will receive $4.00 in cash and $4.00 in HomeTrust stock for each share of Jefferson common stock they own.