CSIMarket
 
Lionheart Iii Corp  (LION)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $6.4400 $-1.79 -21.750%
Day's High: $8.4144 Week Perf: -45.14 %
Day's Low: $ 6.21 30 Day Perf: -25.29 %
Volume (M): 299 52 Wk High: $ 0.00
Volume (M$): $ 1,923 52 Wk Avg: $0.00
Open: $8.26 52 Wk Low: $0.00



 Market Capitalization (Millions $) 83
 Shares Outstanding (Millions) 13
 Employees 1,242
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 8
 Capital Exp. (TTM) (Millions $) 0

Lionheart Iii Corp

Fidelity Southern Corporation is a bank holding company headquartered in Atlanta, Georgia. We conduct operations primarily through Fidelity Bank, a state chartered wholly-owned subsidiary bank (the “Bank”). The Bank was organized as a national banking corporation in 1973 and converted to a Georgia chartered state bank in 2003. LionMark Insurance Company ("LionMark") is a wholly-owned subsidiary of FSC and is an insurance agency offering consumer credit related insurance products. FSC also owns three subsidiaries established to issue trust preferred securities.

FSC is a legal entity separate and distinct from the Bank. We coordinate the financial resources of the consolidated enterprise and thereby maintain financial, operational and administrative systems that allow centralized evaluation of subsidiary operations and coordination of selected policies and activities. FSCs operating revenues and net income are derived primarily from cash dividends received from the Bank.

Our primary lending activities include originating commercial loans to small and medium sized businesses, SBA loans, consumer installment loans (primarily indirect automobile loans), construction loans, and residential real estate loans. Commercial lending consists of the extension of credit for business purposes, primarily in the Atlanta metropolitan and northern Florida areas. We originate SBA loans primarily through our SBA loan production offices located in Georgia, Florida, North Carolina, and Texas. Indirect loans are originated in Georgia, Florida, North Carolina, South Carolina, Alabama, Arkansas, Mississippi, Virginia, Texas, Tennessee, Oklahoma, and Louisiana. We offer direct installment loans to consumers on both a secured and unsecured basis. Residential mortgage loans are offered in Georgia, Florida, Alabama, Tennessee, North Carolina, Virginia, Washington, D.C., Maryland and South Carolina. Residential construction loans to home builders and developers are originated primarily in the Atlanta, GA, Savannah, GA, Birmingham, AL, Jacksonville, FL, and Orlando, FL metropolitan areas.

Commercial and Industrial Lending
We originate commercial and industrial loans, which include certain SBA loans comprised of partially guaranteed loans and other credit enhanced loans that are generally secured by business property such as inventory, equipment and accounts receivable. All commercial loans are evaluated for the adequacy of repayment sources at the time of approval and are regularly reviewed for any deterioration in the ability of the borrower to repay the loan. In most instances, collateral is required to provide an additional source of repayment in the event of default by the borrower. The amount and type of the collateral varies from loan to loan depending on the purpose of the loan, the financial strength of the borrower, and the amount and terms of the loan. In addition, we almost always require personal guarantees on these loans.

Commercial Real Estate Lending
We engage in commercial real estate lending through direct originations. Our primary focus is on originating owner-occupied loans to finance real estate out of which an individual or company will operate their business. Non-owner occupied real estate loans for investment purposes are made on a selective basis and only where the borrowers or guarantors add substantial support to the credit. Loans where the sole source of repayment is derived from the project, or where the absence of the project’s success would significantly impact the ability of the borrower to service the debt, are avoided. We make commercial real estate loans to individuals and to small and medium sized businesses to provide loan diversification, to generate assets that are sensitive to fluctuations in interest rates, and to generate deposit and other relationships. Commercial real estate loans are generally prime-based floating-rate loans or shorter-term (one to five year) fixed-rate loans.

Indirect Automobile Lending
We purchase, on a nonrecourse basis, consumer installment contracts secured by new and used vehicles purchased by consumers from franchised motor vehicle dealers and selected independent dealers located throughout our lending footprint. A portion of our originated indirect automobile loans is sold with servicing retained.

Real Estate Construction Lending
We originate real estate construction loans that consist primarily of one-to-four family residential construction loans made to builders. Loan disbursements are closely monitored by management to ensure that funds are being used strictly for the purposes agreed upon in the loan covenants. We employ both internal staff and external inspectors to ensure that requests for loan disbursements are substantiated by regular inspections and reviews. Construction and development loans are similar to all residential loans in that borrowers are underwritten according to their adequacy of repayment sources at the time of approval. Unlike conventional residential lending, however, signs of deterioration in a construction loan or development loan customer’s ability to repay the loan are measured throughout the life of the loan and not only at origination or when the loan becomes past due. In most instances, loan amounts are limited to 80% of the appraised value upon completion of the construction project. We originate real estate construction loans primarily throughout the metropolitan areas of Atlanta, GA, Savannah, GA, Birmingham, AL, Jacksonville, FL and Orlando, FL.

Real Estate Mortgage Lending
Our residential mortgage lending focuses on one-to-four family properties. We offer Federal Housing Authority (“FHA”), Veterans Administration (“VA”), and conventional and non-conforming residential mortgage loans. We originate our residential mortgage banking loans primarily in the Southeast and Mid-Atlantic regions through 29 retail loan production offices. We also operate a wholesale lending office to support our purchase of loans from qualified brokers and correspondents. We are an approved originator and servicer for the Federal Home Loan Mortgage Corporation (“FHLMC”) and the Federal National Mortgage Association (“FNMA”), and an approved originator for loans insured by the Department of Housing and Urban Development (“HUD”) and the Government National Mortgage Association (“GNMA”).



   Company Address: 4218 NE 2nd Avenue Miami 33137 FL
   Company Phone Number: 573-3900   Stock Exchange / Ticker: NASDAQ LION
   


Customers Net Income grew by LION's Customers Net Profit Margin grew to

20.01 %

17.24 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        0.14% 
C        2.05% 
COF   -2.85%    
DHI   -2.01%    
JPM        1.49% 
WFC        0.28% 
• View Complete Report
   



Powerup Acquisition Corp

Headline: Blank Checks Company Powerup Acquisition Corp Reports Surge in Operating Profit for Q4 2023

The Blank Checks industry is currently analyzing the fourth-quarter earnings of 2023. The focus is on Powerup Acquisition Corp (PWUPU), which reported an operating profit of $2.277721 million for the period between October and December 31, 2023. However, no information has been provided regarding the top-line figures for this quarter.
Comparing this performance to the fourth quarter of 2022, it is evident that Powerup Acquisition Corp conducted its business more efficiently, as reflected in the rise of operating profit from $1.638661 million to $2.277721 million.

Kernel Group Holdings Inc

Kernel Group Holdings Inc Faces Operating Contraction and Net Deficit in Q4 2023

Investors were taken by surprise as Kernel Group Holdings Inc reported a net deficit of $-7.54 million and revenue of $0.00 million for the fiscal period 2023. The operating shortfall of $-0.741232 million during the same time frame also raised concerns among stakeholders.
However, despite these disappointing figures, the markets are hopeful for additional revenue streams to come in the near future. The current profits of $0.862 million, while less than the previous year's Q4 results by -70.64%, provide some comfort to investors.

Broad Capital Acquisition Corp

BRAC's Strong Recovery in Fourth Quarter 2023 Earnings Sparks Investor Interest

In the world of Blank Checks industry, the focus has primarily been on the larger companies and their earnings reports. However, some lesser known corporations are making headlines with their financial updates.
BRAC (Blank Checks Acquisition Corp) recently reported an operating shortfall of $-0.491381 million for the fourth quarter of 2023. Despite this, the company has shown improvement compared to the same period last year. Operating in the progress stage, BRAC's performance has caught the attention of investors and analysts alike.

Climaterock

Again Positive Income at the Climaterock in third quarter of 2023 earnings season

For the third quarter of 2023 earnings season CLCRU bottom-line turned positive of $0.11 per share compare to $-0.03 a year before and earnings per share soared by 57.14 % from $0.07 per share from the prior reporting season. The revenue remained unaltered to $0.00 million from $0.35 million in the same reporting season a year before and sequentially from $0.00 million.

Global Star Acquisition Inc

Global Star Acquisition Inc. Reports Operating Profit in Q4 20232.

The Blank Checks industry has been making waves in the financial world, and the latest reports from Global Star Acquisition Inc (GLSTU) only add to the intrigue. With the October to December 31, 2023 reporting season in full swing, GLSTU has disclosed an operating profit of $3.630548 million for the mentioned period. However, it is important to note that this is not a significant increase from the previous fiscal period, as the company reported a net profit of $1.04 million.
What is perhaps more concerning for GLSTU is the fact that they have recorded a net shortfall of $-0.028 million, indicating a difference of $-0.028 million compared to the same reporting period a year ago. This is certainly not an ideal situation for the company, as investors may question why the books are not balanced in a similar time frame.






 
  Company Estimates
  Revenue Outlook
Lionheart Iii Corp does not provide revenue guidance.

Earnings Outlook
Lionheart Iii Corp does not provide earnings estimates.

Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com