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DALLAS, Dec. 26, 2023 (GLOBE NEWSWIRE) -- On December 26, 2023, Hallmark Financial Services, Inc. provided notice to the Nasdaq Stock Market LLC of its intention to voluntarily delist its shares of common stock from the Nasdaq Global Market. Trading of the Company's common stock will be suspended at the open of business on January 5, 2024. The Company intends to file a Form 25 with the SEC on o...
DALLAS, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark”) (NASDAQ: HALL) today filed its Form 10-Q and announced financial results for the third quarter and nine months ended September 30, 2023.
DALLAS, May 05, 2023 (GLOBE NEWSWIRE) -- AM Best announced today that it has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bbb-” (Good) and the associated Long-Term Issue Ratings (Long-Term IRs) of Hallmark Financial Services, Inc. (Hallmark) [NASDAQ: HALL]. Concurrently, AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excel...
DALLAS, Texas, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark”; NASDAQ: HALL), a property and casualty insurance company, today announced the sale of its excess and surplus (“E&S”) lines operations to Core Specialty Insurance Holdings, Inc. (“Core Specialty”), a specialty property and casualty insurer, for $40.0 million cash consideration, plus a...
DALLAS, March 16, 2022 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark”) (NASDAQ: HALL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021.
DALLAS, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (the “Company” or “Hallmark”), a property and casualty insurance company comprised of three business segments (Specialty Commercial, Standard Commercial, and Personal), today announced that it is no longer actively pursuing the previously announced separation of its Specialty Commercial business segment. As a result, t...
Over 50% discount to book value, as a result of terrible underwriting results in recent years. But under new management, earnings of over $14 million so far this year on market cap of $78 million.
The stock price of Hallmark Financial Services, Inc. (NASDAQ: HALL) increased by over 14% during intraday trading today. This is why it happened.
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