Welcome to our dedicated page for Touchmark Banc news (Ticker: TMAK), a resource for investors and traders seeking the latest updates and insights on Touchmark Banc stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Touchmark Banc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Touchmark Banc's position in the market.
Touchmark Bancshares (TMAK) has appointed Robert E. ('Bobby') Krimmel as its new President, CEO, and director of Touchmark National Bank. Krimmel, who previously served as Chief Administrative Officer at First Farmers and Merchants Bank, succeeds Dr. J.J. Shah, who is retiring after seven years but will remain as Board Chairman.
During his tenure at First Farmers, Krimmel demonstrated strong performance metrics, including:
- Growing net income by 56%
- Maintaining 8% annual average core earnings per share growth
- Reducing operational efficiency by 5%
Krimmel brings extensive experience in banking operations, having managed key functions including accounting, treasury, IT, risk management, and regulatory compliance. He previously held senior positions at HeritageBank of the South and Green Bank. The new CEO aims to enhance the bank's presence in north Fulton County, focusing on small business banking in the Atlanta MSA region, which hosts over 600 technology companies.
