Welcome to our dedicated page for Bbx Capital news (Ticker: BBXIB), a resource for investors and traders seeking the latest updates and insights on Bbx Capital stock.
BBX Capital (BBXIB) is a diversified investment firm active in real estate development, middle market acquisitions, and vacation ownership through its Bluegreen Corporation subsidiary. This page serves as the definitive source for all official company announcements and market-moving developments.
Investors and analysts will find curated press releases covering earnings reports, strategic partnerships, property acquisitions, and operational updates. Our repository includes filings related to BBX Capital's dual focus on real asset management and investments in operating businesses across multiple sectors.
Key content categories include quarterly financial results, joint venture announcements, leadership changes, and strategic initiatives in both its real estate portfolio and middle market holdings. All materials are sourced directly from company disclosures to ensure accuracy.
Bookmark this page for streamlined access to BBXIB's latest business developments. Check regularly for updates impacting the company's diversified portfolio spanning vacation ownership, financial services, and commercial real estate ventures.
BBX Capital, Inc. (OTCQX: BBXIA, PINK: BBXIB) announced it will release its financial results for the first quarter of 2022 after market close on May 10, 2022. The company is a diversified holding firm based in Florida, with significant holdings in BBX Capital Real Estate, BBX Sweet Holdings, and Renin. Investors can expect insight into the company's financial performance and strategic direction during this upcoming announcement.
BBX Capital reported strong financial results for Q4 and the year ended December 31, 2021. Total revenues reached $98.2 million for Q4, up from $56.2 million in 2020, with net income attributable to shareholders at $5.3 million, compared to a loss of $3.5 million. For the full year, revenues were $313.6 million, a significant increase from $173.2 million in 2020. The company has $118 million in cash and equivalents, with a total of $533.4 million in assets. Despite challenges like supply chain disruptions, BBX remains focused on long-term growth and value creation.
BBX Capital, Inc. (OTCQX: BBXIA, PINK: BBXIB) announced plans to release its financial results for Q4 and the year-end 2021 on March 16, 2022, before market open. The company operates as a diversified holding entity based in Florida, with principal holdings that include BBX Capital Real Estate and BBX Sweet Holdings, which encompasses IT’SUGAR and Renin.
BBX Capital Inc. has announced a share repurchase program authorized by its Board of Directors, allowing the company to buy back up to $15.0 million worth of its Class A and Class B Common Stock. The decision enables BBX Capital to repurchase shares based on market conditions and management's discretion. The program does not mandate the company to repurchase any specific number of shares and may be modified or terminated at any time. This initiative is part of BBX Capital's strategy to enhance shareholder value.
BBX Capital Real Estate, a subsidiary of BBX Capital, Inc. (OTC-PINK:BBXIA, PINK:BBXIB), has announced the groundbreaking of Altís Blue Lake in West Palm Beach, Florida. This luxury garden apartment community will feature 318 units with planned amenities including a resort-style swimming pool and a fitness center. BBXRE has invested approximately $0.3 million in the development and anticipates an additional $0.7 million investment as the project progresses. The first units are expected to be completed in 2023.
BBX Capital Real Estate, a subsidiary of BBX Capital (OTC-PINK:BBXIA), has announced groundbreaking for Altís Grand at Suncoast in Lutz, Florida. This luxury community will feature 449 rental units with amenities such as a 24/7 fitness center, resort-style pool, and is planned for National Green Building Standard certification. BBXRE has invested approximately
BBX Capital (OTCQX: BBXIA, PINK: BBXIB) has announced its participation in the Sidoti & Company Winter Virtual Small Cap Conference on January 19 and 20, 2022. CEO Jarett Levan, CFO Brett Sheppard, and Investor Relations Officer Leo Hinkley will host one-on-one meetings with investors during the event. Registration for these meetings is free and open to all interested parties. BBX Capital is a diversified holding company based in Florida, with principal holdings including BBX Capital Real Estate and BBX Sweet Holdings.
BBX Capital, Inc. (OTC: BBXIA, BBXIB) has opened a new IT’SUGAR retail location at the Ala Moana Center in Honolulu, Hawaii. Covering 18,000 square feet, this flagship store is IT’SUGAR’s second large candy department store, featuring over 30 candy stations and dedicated sections for Sour Patch and OREO. CEO Jarett Levan expressed excitement over this expansion, highlighting the store's location in one of the largest open-air shopping centers globally. IT’SUGAR aims to create a unique retail experience, with approximately 100 locations across the U.S.
BBX Capital (OTCQX: BBXIA, PINK: BBXIB) reported strong financial results for the quarter ending September 30, 2021, with total revenues of $91.8 million compared to $42.2 million in the same period last year. Net income attributable to shareholders reached $19.2 million, up from a loss of $8.3 million. The company highlighted increased profits from its real estate segment and rebounding sales in its sweets business, IT’SUGAR, post-COVID-19. However, challenges persist due to rising costs and supply chain disruptions. As of September 30, the cash reserves stood at $113.5 million.
BBX Capital, Inc. (OTCQX: BBXIA, PINK: BBXIB) will release its financial results for Q3 2021 on November 15, 2021, after market close. The company, headquartered in Florida, operates various business segments including BBX Capital Real Estate and BBX Sweet Holdings, featuring brands like IT’SUGAR.
Investors can anticipate insights into the company's performance, which may influence its stock price and market perception.
