Pennsylvania Today

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Corporate Finance

Recent news

PPL Corporation prices $1 billion equity units offering

The public offering of 20 million equity units will help the utility company repay short-term debt and fund general corporate purposes.

CNX Resources buys 84.04% of 6.000% 2029 notes

Holders get $1,016.10 per $1,000 plus interest, with Feb. 26 settlement and conditional March 19 redemption.

Erie Indemnity Reports Q4 Earnings

The insurance company saw a profit of $63.4 million in the fourth quarter.

Muncy Columbia Financial Corporation Declares Dividends

Parent company of Journey Bank announces regular quarterly and special one-time cash dividends.

Guardian Capital Partners Raises $441 Million for Oversubscribed Fund IV

The private equity firm closed its latest fund in just seven months, reflecting strong investor demand.

Commercial National lifts dividend 18% to $0.13

Insiders own 17.72% of Commercial National as it increases quarterly payout

SRTs Preserve Loss-Absorbing Capacity in Bank Resolutions

Significant risk transfers can give the FDIC valuable optionality in resolving failed banks

Koppers Lifts 2026 Dividend 12.5% to $0.09/Share

Annual payout increases to $0.36 per share, subject to board review.

S&T Bank Ranks 36 on Forbes Best Banks 2026

Pennsylvania-based bank recognized for third consecutive year as one of America's strongest financial institutions.

Private Markets Giant Hamilton Lane Says Credit Fears Are Overblown

Co-CEO Erik Hirsch says his firm's data on thousands of funds and portfolio companies shows defaults remain low and leverage flat.

Cantaloupe Reports Q2 Earnings

Electronic payment and wireless networking company posts $78.7 million in revenue