Money Management

Is the end of regulatory extortion near?

In early November, the Consumer Financial Protection Bureau (“CFPB”), submitted a writ of certiorari to the United States Supreme Court. The agency is asking the High Court to overturn a ruling by the United States Court of Appeals for the Fifth Circuit, which ruled that the Bureau’s funding structure violates …

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Dividend announcement CFFI $0.4200/share 11/16/2022

Cmt-Com/C&F Financial Corp. (NASDAQ:CFFI) on 11/16/2022 declared a dividend of $0.4200 per share payable January 1, 2023 to shareholders of record as of December 15, 2022. Cmt-Com/C&F Financial Corp. (NASDAQ: CFFI) has paid dividends since 1995, has a current dividend yield of 3.1250000000% and has increased dividends for 8 consecutive …

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Goeasy Ltd. Fiscal Year 2022 Profit Estimate issued by Cormark (TSE:GSY)

goeasy ltd. (EAST: GSY – Get a rating) – Cormark equity research analysts have reduced their earnings per share (EPS) estimates for the fiscal year 2022 for goeasy in a research note published on Friday, November 11. Cormark analyst J. Fenwick now expects the company to earn $11.40 per share …

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LexinFintech (LX) set to release quarterly results on Wednesday

Lexin Fintech (NASDAQ:LX – Get a rating) is expected to release its quarterly earnings data after the market closes on Wednesday, November 16. Lexin Fintech (NASDAQ:LX – Get a rating) last reported quarterly earnings data on Tuesday, August 16. The company reported earnings per share (EPS) of $0.13 for the …

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AFFIRM HOLDINGS, INC. MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the interim condensed consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q ("Form 10-Q") and our audited consolidated financial statements and the related notes and …

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Synchrony Financial (NYSE:SYF) upgraded to “B-” by TheStreet

Synchrony Financial (NYSE: SYF – Get a rating) was raised by analysts at TheStreet from a “c+” rating to a “b-” rating in a research report published on Tuesday, TheStreetRatingsTable reports. SYF has been the subject of several other reports. Keefe, Bruyette & Woods lowered their target price on Synchrony …

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Wedbush brokers cut profit estimates for Bancorp, Inc. clients (NYSE:CUBI)

Bancorp, Inc. Customers (NYSE: CUBI – Get a rating) – Wedbush analysts dropped their first-quarter 2023 earnings estimates for Customers Bancorp in a report released on Friday, October 28. Wedbush analyst D. Chiaverini now expects the bank to post earnings of $1.63 per share for the quarter, down from its …

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First Commonwealth Financial Company (NYSE:FCF) declares a dividend of $0.12 on its shares quarterly.

According to Zacks, First Commonwealth Financial Co. (NYSE: FCF) disclosed information about a quarterly dividend payment on Tuesday, October 25, when it announced the payment. Shareholders whose accounts were in good standing as of November 4 will be eligible to receive dividend payments of $0.12 per share, which will be …

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BayCom Corp (NASDAQ:BCML) Fiscal 2022 Earnings Forecast Released by DA Davidson

BayCom Corp (NASDAQ: BCML – Get a rating) – DA Davidson cut its fiscal year 2022 earnings estimates for BayCom in a research note published Monday, October 24. DA Davidson analyst G. Tenner now expects the company to earn $2.11 per share for the year, down from his previous forecast …

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Enova International (ENVA) will publish its results on Thursday

Enova International (NYSE: ENVA – Get a rating) is expected to report earnings after the market closes on Thursday, October 27. Analysts expect the company to report earnings of $1.48 per share for the quarter. Those interested in listening to the company’s earnings conference call can do so using this …

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Credit card issuers’ bad debts ease in July

Lawrence Agcaoili – The Filipino Star October 18, 2022 | 00:00 MANILA, Philippines — Degraded loans from credit card issuers improved to 5.7% at the end of July after peaking at 10.1% at the height of the COVID lockdowns in November 2020, according to the Bangko Sentral ng Pilipinas. BSP …

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BayCom Corp (NASDAQ:BCML) Short Interest Down 17.5% in September

BayCom Corp (NASDAQ: BCML – Get a rating) was the target of a sharp drop in short-term interest rates during the month of September. As of September 30, there was short interest totaling 167,900 shares, down 17.5% from the total of 203,500 shares as of September 15. Based on an …

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Synchrony Financial – Consensus indicates 25.8% upside potential

Synchrony Financial found using the (SYF) ticker now have 18 analysts covering the stock with the consensus suggesting a buy rating. The range between the high target price and the low target price is between 50 and 22 and has an average target at 39.61. Given that the stock’s previous …

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CFPB Files Complaint Against Online Lender Alleging MLA Violations

On September 29, 2002, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against online lender MoneyLion Technologies, Inc, and several dozen of its affiliates (collectively, “MoneyLion”), alleging violations of the Military Loans Act (“MLA”). The Complaint alleges that MoneyLion (i) overcharged service members and their dependents by charging fees …

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Short-term stake in Enova International, Inc. (NYSE: ENVA) increases 7.7%

Enova International, Inc. (NYSE: ENVA – Get a rating) was the target of a surge in short-term interest in September. As of September 15, there was short interest totaling 1,810,000 shares, an increase of 7.7% from the total of 1,680,000 shares as of August 31. Approximately 6.0% of the stock’s …

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CFPB study highlights need for “Buy Now, Pay Later” rules

The Consumer Financial Protection Bureau (CFPB) is preparing to put in place the same type of strict protections that it places on credit card companies in the “Buy now, pay later” (BNPL) sector, following the publication of a recent study on the practice. Officials said their findings revealed a booming …

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LendingPoint seeks to raise $311.8 million

LendingPoint is preparing to sponsor its latest securitization of income streams from its consumer unsecured installment loan pool. Asset securitization trust LendingPoint 2002-C is set to issue $311.8 million worth of notes, in a deal expected to close later this month. In a first for LendingPoint’s asset securitization program, the …

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Lexin Fintech Holdings Ltd. (NASDAQ:LX) Short Interest Up 13.6% in August

Lexin Fintech Holdings Ltd. (NASDAQ:LX- Get a rating) was the target of a surge in short-term interest in August. As of August 31, there was short interest totaling 1,420,000 shares, an increase of 13.6% from the total of 1,250,000 shares as of August 15. Based on an average daily volume …

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Washington Trust Bancorp, Inc. Announces Quarterly Dividend of $0.54 (NASDAQ: WASH)

Washington Trust Bancorp, Inc. (NASDAQ:WASH – Get a rating) announced a quarterly dividend on Friday, September 16, the wall street journal reports. Shareholders of record on Monday October 3 will receive a dividend of 0.54 per share from the financial services provider on Friday October 7. This represents an annualized …

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National Average FICO Score Still 716 | Credit card

National average FICO credit score did not increase between April 2021 and April 2022, news shows FICO data. While the average score remains solidly in range at 716, this is the first time since October 2012 that the average FICO score has not increased year over year and comes after …

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Barclays reinforces commitment to EastSide Charter School with $1 million investment for new STEM center

The donation coincides with the 20th anniversary of the mentorship program launched by Barclays WILMINGTON, Del., September 12, 2022 /PRNewswire/ — Barclays today announced a $1 million investment in EastSide Charter School and Community Discovery STEM Hub. Barclays’ donation over the 2022-2024 period will support the growth of EastSide’s mentorship …

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StockNews.com starts covering Salisbury Bancorp (NASDAQ:SAL)

Stock market analysts at StockNews.com initiated a hedge on the shares of Salisbury Bancorp (NASDAQ:SAL – Get a rating) in a research note published Saturday. The brokerage has placed a “hold” rating on the bank’s shares. Salisbury Bancorp share performance Salisbury Bancorp shares opened at $23.50 on Friday. The company …

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Tompkins Financial Corporation – Consensus Indicates 5.9% Upside Potential

Tompkins Financial Corporation with ticker code (TMP) now have 2 total analysts covering the stock. The consensus rating is “Hold”. The target price ranges between 80 and 75 and has an average objective at 77.5. Given that the stock’s previous close was at 73.19, this would imply an upside potential …

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Eagle Bancorp Inc (NASDAQ:EGBN) Lowered to “Sell” on StockNews.com

Eagle Bancorp (NASDAQ:EGBN – Get a rating) was downgraded by stock analysts to StockNews.com from a “hold” rating to a “sell” rating in a research note released Thursday to investors. Eagle Bancorp is trading down 0.3% NASDAQ:EGBN opened at $48.53 on Thursday. Eagle Bancorp has a one-year low of $44.85 …

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Associated Banc-Corp – Consensus indicates 13.6% upside potential

Associated Bank-Corp with ticker code (ASB) now have 8 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The target price ranges between 28 and 20 by calculating the average target price we have 23.38. Given that the stock’s previous close was at 20.59, this would indicate that …

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California BanCorp (NASDAQ:CALB) Short Interest Update

California BanCorp (NASDAQ:CALB – Get a rating) was the target of a significant drop in short-term interest in August. As of August 15, there was short interest totaling 2,700 shares, down 41.3% from July 31’s total of 4,600 shares. Currently, 0.0% of the company’s shares are sold short. Based on …

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FMNB Dividend Announcement $0.1600/share 08/23/2022

Farmers National Bank Corp. (Canfield, OH) (NASDAQ:FMNB) on 08/23/2022 declared a dividend of $0.1600 per share payable September 30, 2022 to shareholders of record as of September 09, 2022. Farmers National Bank Corp. (Canfield, OH) (NASDAQ: FMNB) has paid dividends since 1993, has a current dividend yield of 4.4444446564% and …

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ProShare Advisors LLC increases its equity holdings in Washington Trust Bancorp, Inc. (NASDAQ:WASH)

ProShare Advisors LLC increased its stake in Washington Trust Bancorp, Inc. (NASDAQ: WASH – Get a rating) by 8.4% in the first quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The company held 194,575 shares of the financial services provider after acquiring an …

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Shares of Regional Management Corp. (NYSE:RM) purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its position in shares of Regional Management Corp. (NYSE:RM – Get a rating) by 37.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The company held 20,160 shares of the credit service provider after purchasing an additional …

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Will “buy now, pay later” put a generation of young Americans in a debt trap? | Business | Economic and financial news from a German perspective | DW

Americans are sadly in debt, with bloated credit card balances grabbing headlines as inflation eats away at paychecks. But there’s a new kid in the finance block. The so-called “buy now, pay later” (BNPL) industry is taking the United States by storm. The number of Americans who have used the …

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Commonwealth Equity Services LLC Reduces Equity Position in Synchrony Financial (NYSE:SYF)

Commonwealth Equity Services LLC reduced its holdings of Synchrony Financial shares (NYSE: SYF – Get a rating) by 4.4% during the 1st quarter, according to its last Form 13F filed with the Securities and Exchange Commission. The company held 40,910 shares of the financial services provider after selling 1,873 shares …

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Shopic pockets $35 million for Smart Cart Grocery Tech

Tel Aviv-based grocery tech startup shop raised $35 million in a Series B funding round led by Qualcomm Ventures, which saw participation from Vintage Investment Partners and Clal Insurance. Existing investors IBI Tech Fund, Tal Ventures, Claridge Israel and Shufersal also backed the round, Tech Funding News reported Tuesday (August …

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SouthState Corporation – Consensus Indicates 14.8% Upside Potential

Southern State Corporation with ticker code (SSB) now have 7 total analysts covering the stock. The consensus rating is “Buy”. The range between the target price high and the target price low is between 100 and 85 calculating the average target price we see 93.43. Given that the stock’s previous …

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World Acceptance (NASDAQ:WRLD) PT lowered to $52.00 at BMO Capital Markets

Worldwide Acceptance (NASDAQ:WRLD – Get a rating) had its price target lowered by BMO Capital Markets from $57.00 to $52.00 in a research report released Friday to clients and investors, Fly reports. BMO Capital Markets’ price target indicates a potential downside of 52.97% from the company’s current price. A number …

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SG Americas Securities LLC holds $1.35 million stake in Bank of Hawaii Co. (NYSE: BOH)

SG Americas Securities LLC increased its stake in the shares of Bank of Hawaii Co. (NYSE: BOH – Get a rating) by 365.9% during the first quarter, Holdings Channel.com reports. The company held 16,107 shares of the bank after acquiring an additional 12,650 shares during the quarter. SG Americas Securities …

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DAVENPORT & Co LLC reduces its stock holdings in C&F Financial Co. (NASDAQ:CFFI)

DAVENPORT & Co LLC reduced its holdings of C&F Financial Co. (NASDAQ: CFFI – Get a rating) by 3.4% in the 1st quarter, Holdings Channel.com reports. The company held 8,232 shares of the financial services provider after selling 291 shares during the period. DAVENPORT & Co LLC’s holdings in C&F …

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Keybank National Association OH sells 5,955 shares of Eagle Bancorp, Inc. (NASDAQ:EGBN)

Keybank National Association OH reduced its stake in shares of Eagle Bancorp, Inc. (NASDAQ: EGBN – Get a rating) by 39.8% during the first quarter, according to the company in its latest filing with the Securities and Exchange Commission. The fund held 9,005 shares of the financial services provider after …

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New York State Teachers’ Retirement System Acquires 100 Shares of World Acceptance Co. (NASDAQ: WRLD)

The New York State Teachers’ Retirement System increased its stake in World Acceptance Co. (NASDAQ: WRLD – Get a rating) by 1.1% in the first quarter, according to its latest filing with the Securities and Exchange Commission. The institutional investor owned 9,371 shares of the credit service provider after purchasing …

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Bank of Montreal (NYSE:BMO) versus DNB Bank ASA (OTCMKTS:DNBBY) Financial Analysis

Bank of Montreal (New York Stock Exchange: BMO – Get a rating) and DNB Bank ASA (OTCMKTS: DNBBY – Get a rating) are both large-cap financial companies, but which stock is better? We’ll compare the two companies based on their risk strength, dividends, earnings, profitability, analyst recommendations, institutional ownership and …

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Hennion & Walsh Asset Management Inc. invests $325,000 in Washington Trust Bancorp, Inc. (NASDAQ: WASH)

Hennion & Walsh Asset Management Inc. acquired a new position in Washington Trust Bancorp, Inc. (NASDAQ: WASH – Get a rating) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,199 shares of the financial services provider, valued …

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Shares of First Foundation Inc. (NASDAQ:FFWM) acquired by Assenagon Asset Management SA

Assenagon Asset Management SA increased its equity stake in First Foundation Inc. (NASDAQ: FFWM – Get a rating) by 257.7% in Q1, according to its most recent 13F filing with the SEC. The institutional investor held 116,265 shares of the bank after acquiring an additional 83,763 shares during the period. …

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Almost all large-scale bitcoin miners in Texas suspend operations as state prepares for possible power outages

Bitcoin mining heavyweights suspend operations as Texas energy grid buckles and state officials warn of blackouts, Bloomberg first reported. A heat wave in the state pushes its power grid to breaking point and raises conservation concerns. Companies such as Riot Blockchain Inc., Argo Blockchain Plc, and Core Scientific Inc have …

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Georgia Democratic gubernatorial candidate Stacey Abrams has raised $22 million in the past 2 months – surpassing GOP Governor Brian Kemp

Georgia Democratic gubernatorial candidate Stacey Abrams raised more than $22 million in May and June, catapulting her to a huge financial lead over her opponent, Republican incumbent Governor Brian Kemp, according to The Atlanta Journal-Constitution. Between May 1 and June 30, Abrams received approximately $9.8 million in campaign contributions, while …

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Kuwait’s economy on the road to recovery; KD 2.5 billion loans granted in 5 months – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger This message has been read 3651 times! KUWAIT CITY, July 7: Credit extended by the Kuwaiti banking sector continued to grow during the month of May, bringing all types of loans extended to all economic sectors to around 2.5 billion dinars over the past five …

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Fifth Third Bancorp reduces its position in Synchrony Financial (NYSE:SYF)

Fifth Third Bancorp reduced its holdings of Synchrony Financial shares (NYSE: SYF – Get a rating) by 10.5% during the 1st quarter, according to the company in its most recent Form 13F filed with the Securities & Exchange Commission. The fund held 39,096 shares of the financial services provider after …

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Opportun Completes $400 Million – GuruFocus.com

SAN CARLOS, Calif., May 24, 2022 (GLOBE NEWSWIRE) — Oportun (OPRT), a mission-driven fintech and digital banking platform, today announced the issuance of $400 million in asset-backed notes two-year renewable assets secured by a pool of unsecured and secured installment loans. The offering included four classes of fixed rate notes: …

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7 On your side: “Buy now, pay later” loans are popular, but do they make sense?

NEW YORK (WABC) — Buy ​​now, pay later, or BNPL, loans have become incredibly popular, up 230% in the past two years. These are loans that are usually interest-free and allow you to make a purchase and pay it off in four or five installments. Sounds good, right? Well, before …

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FuturePay Holdings Inc. Announces Partnership with Cross River for MyTab Platform

SOUTH JORDAN, UT/ACCESSWIRE/June 29, 2022/ FuturePay Holdings Inc. (“FuturePay”), a provider of digital revolving credit solutions, announced that it has signed an agreement with Cross River, a technology infrastructure provider that offers integrated financial solutions, for the digital revolving credit platform MyTab™ of the society. Based in Fort Lee, New …

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3 stocks Wall Street plans to double

Although the most followed indexes saw a comeback last week, the stock market is preparing to close the worst first half in decades. While the Dow Jones Industrial Average rose 5.4% last week, the tech-heavy S&P 500 and Nasdaq Composite gained 6.5% and 7.5%, respectively. Many strategists expect bottoming quality …

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Alaska State Department of Revenue holds $9.32 million equity position in Synchrony Financial (NYSE:SYF)

The Alaska State Department of Revenue reduced its stake in Synchrony Financial (NYSE: SYF – Get a rating) by 10.8% during the first quarter, Participation channel reports. The institutional investor held 267,723 shares of the financial services provider after selling 32,355 shares during the period. The Alaska State Department of …

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Lokyata Announces Systems Integration with Infinity Software, Bringing Enhanced Loan Decision Capabilities to Lending Institutions

WASHINGTON, June 23, 2022–(BUSINESS WIRE)–Lokyataa company specializing in providing products that digitize, automate and adapt lenders’ credit decisions, announced that its real-time automated credit decision tool, BankAnalysisis now integrated into infinite software. Infinity Software has been providing software solutions to direct-to-consumer lenders for 20 years and has enabled over 700 …

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Head-to-head survey: Eagle Financial Services (OTCMKTS: EFSI) vs. TriCo Bancshares (NASDAQ: TCBK)

Eagle Financial Services (OTCMKTS:EFSI – Get a rating) and TriCo Bancshares (NASDAQ:TCBK – Get a rating) are both small cap finance companies, but which is the better investment? We’ll compare the two companies based on their dividend strength, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk. Dividends Eagle Financial …

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Bank/non-bank partnerships could come under CFPB scrutiny

Delivery the opening speech Last week at the Consumer Federation of America’s 2022 Consumer Assembly, CFPB Deputy Director Zixta Martinez said the CFPB is “looking closely” at rent-a-bank programs. Assistant manager Martinez said that “[s]some lenders attempt to use [relationships with banks] to evade state interest rate caps and licensing …

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Eagle Bancorp, Inc. (NASDAQ:EGBN) raises dividend to $0.45 per share

Eagle Bancorp, Inc. (NASDAQ: EGBN- Get a rating) declared a quarterly dividend on Thursday, June 16, Zacks reports. Shareholders of record on Monday July 11 will receive a dividend of 0.45 per share from the financial services provider on Friday July 29. This represents an annualized dividend of $1.80 and …

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Most popular options for shopping

Consumers looking to buy everything from travel has a MacBook to newer, fashionable jeans have the option to finance the cost of their purchase over time with buy now, pay later. BNPL allows consumers to purchase items online or in-store, and spread the cost over a few weeks or months. …

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Bank of Hawaii (NYSE:BOH) hits new 12-month low at $72.99

Bank of Hawaii Co. (NYSE: BOH – Get a rating) hit a new 52-week low on Tuesday. The stock traded as low as $72.99 and last traded at $72.99, with a volume of 5286 shares traded in hands. The stock had previously closed at $73.79. Separately, StockNews.com moved the Bank …

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Direct comparison between Greene County Bancorp (NASDAQ:GCBC) and Cullman Bancorp (NASDAQ:CULL)

Greene County Bank (NASDAQ: GCBC – Get a rating) and Cullman Bancorp (NASDAQ: CULL – Get a rating) are both finance companies, but which company is superior? We’ll compare the two companies based on their dividend strength, valuation, risk, profitability, analyst recommendations, earnings, and institutional ownership. Insider and Institutional Ownership …

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Peoples Financial Services (NASDAQ:PFIS) and Professional (NASDAQ:PFHD) Financial Review

Popular financial services (NASDAQ:PFIS – Get a rating) and Professional (NASDAQ: PFHD – Get a rating) are both small cap finance companies, but which business is superior? We’ll compare the two companies based on the strength of their profitability, analyst recommendations, dividends, risk, earnings, valuation and institutional ownership. Profitability This …

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Rapidly Growing Corporate Gifts Market Expected to Reach $312 Billion by 2025 According to New Research from Coresight Research and GiftNow

Corporate gifts play a central role in improving professional relationships and can be an indispensable tool for staying in touch with employees, customers and partners. The study reveals external factors impacting the corporate gifting market in terms of gifting frequency and spending, including changed work patterns, changing gifting behavior and …

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Critical analysis: Ameris Bancorp (NASDAQ:ABCB) and Independent Bank Group (NASDAQ:IBTX)

Independent banking group (NASDAQ:IBTX – Get a rating) and Ameris Bancorp (NASDAQ: ABCB – Get a rating) are both mid-cap financials, but which business is the best performer? We’ll compare the two companies based on the strength of their institutional ownership, profitability, earnings, risk, dividends, valuation, and analyst recommendations. Risk …

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Bancorp, Inc. (NYSE:CUBI) Receives Average “Buy” Rating From Brokerages

Customers Bancorp, Inc. (NYSE: CUBI – Get a rating) earned a consensus “Buy” recommendation from all ten analysts who cover the company, reports MarketBeat.com. Four investment analysts rated the stock with a hold recommendation and four gave the company a buy recommendation. The 12-month average price target among brokerages that …

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Westbury Bancorp (OTCMKTS:WBBW) vs. Elmira Savings Bank (NASDAQ:ESBK) Head-to-Head Review

Westbury Bancorp (OTCMKTS: WBBW – Get a rating) and Elmira Savings Bank (NASDAQ: ESBK – Get a rating) are both small cap finance companies, but which is the better company? We’ll compare the two companies based on institutional ownership strength, profitability, analyst recommendations, valuation, earnings, risk, and dividends. Risk and …

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Credit card spending rises as inflation soars

Equifax Canada Market Pulse Quarterly Credit Trends Report TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — Consumer reliance on credit cards is growing, with average monthly credit card spending rising 17.5% in the first quarter of 2022 from lows in the first quarter of 2021, according to the most Equifax Canada’s …

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BSP maintains credit card fee cap amid pandemic

MANILA, Philippines — The Bangko Sentral ng Pilipinas is maintaining caps on credit card transactions in an effort to ease the financial burden on consumers as the economy recovers from the pandemic. This means that interest rates or finance charges on credit card transactions will be stable at 2% per …

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Bancorp, Inc. (NYSE:CUBI) Expected to Post Quarterly Sales of $173.09 Million

Equity research analysts predict that Customers Bancorp, Inc. (NYSE: CUBI – Get a rating) will announce sales of $173.09 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts provided earnings estimates for Customers Bancorp. The lowest sales estimate is $164.80 million and the highest is $179.45 million. …

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First Foundation Inc. (NASDAQ:FFWM) Expected to Post Quarterly Sales of $92.41 Million

Analysts expect First Foundation Inc. (NASDAQ:FFWM – Get a rating) will report sales of $92.41 million for the current fiscal quarter, Zacks reports. Four analysts made estimates of First Foundation’s earnings. The lowest sales estimate is $90.20 million and the highest is $95.12 million. First Foundation reported sales of $71.95 …

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Covered Holdings Announces Follow-Up Investments by Fortress and Westlake

Covered shares our mission to provide better financing solutions to Americans in need. Tweet that “The Covered team has built a disruptive business serving the underserved with affordable rates and delivering strong portfolio performance,” said Dominique Ruggiero, Managing Director of Fortress Investment Group. “We are pleased to increase our investment …

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Bank of Hawaii Corporation – Consensus indicates 18.9% upside potential

Bank of Hawaii Corporation with ticker code (BOH) now have 6 total analysts covering the stock. The consensus rating is “Hold”. The target price ranges between 101 and 80 with an average TP of 89.33. Given that the stock’s previous close was at 75.12, this indicates that there is upside …

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First Commonwealth Financial Co. (NYSE:FCF) expected to post quarterly sales of $97.26 million

Analysts expect First Commonwealth Financial Co. (NYSE:FCF – Get a rating) to post $97.26 million in sales for the current fiscal quarter, according to Zacks. Four analysts made earnings estimates for First Commonwealth Financial. The highest sales estimate is $98.06 million and the lowest is $96.57 million. First Commonwealth Financial …

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Banco de Chile (NYSE:BCH) Receives Consensus “Buy” Rating from Analysts

Banco de Chile Stock (NYSE: BCH – Get a rating) received a consensus “Buy” recommendation from the six analysts who currently cover the company, MarketBeat reports. Two analysts rated the stock with a hold recommendation and four gave the company a buy recommendation. The 12-month average price target among brokers …

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Furniture First enters into membership agreement with RMC Retail

MIDDLETOWN, Pennsylvania — furniture first adds another option to its members’ consumer finance toolkit. The Middletown, Pa.-based buying group has reached a new agreement with RMC Retailenabling its member retailers to serve an expanded customer base, thereby expanding sales opportunities. “We are delighted to launch this strategic partnership with Furniture …

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Credit card rates are still set at 2% per month

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to keep the cap on credit card transactions at 2% per month or 24% per annum in a low interest rate environment as the country continues to recover from the impact of the pandemic. Subject to confirmation by the …

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Critical analysis of Southern States Bancshares (SSBK) compared to its peers

Southern States Bank Stocks (NASDAQ: SSBK – Get a rating) is one of 315 SOEs in the “state commercial banking” sector, but how does it stack up against its peers? We will compare Southern States Bancshares to related companies based on strength of institutional ownership, dividends, profitability, valuation, analyst recommendations, …

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CFPB seeks information on ‘unwanted fees’ charged by providers of consumer financial products or services | Hudson Cook, LLP

On January 26, the Consumer Financial Protection Bureau issued a “Request for Information Regarding Fees Charged by Providers of Consumer Financial Products or Services.” In a contemporary statement, CFPB Director Rohit Chopra described the request for information as the start of “a new effort to help American families save billions …

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Head-to-head balance sheet: Unity Bancorp (NASDAQ:UNTY) and Bank of Hawaii (NYSE:BOH)

Unity Bancorp (NASDAQ:UNTY – Get a rating) and Bank of Hawaii (NYSE: BOH – Get a rating) are both finance companies, but which is the better investment? We will compare the two companies based on their risk strength, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation. Insider and Institutional …

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Waterstone Financial (NASDAQ:WSBF) rating downgraded to sell at Zacks Investment Research

Waterstone Financial (NASDAQ: WSBF – Get a rating) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research report delivered to clients and investors on Thursday, Zacks.com reports. According to Zacks, “Waterstone Mortgage Corp. is committed to providing its customers with exceptional customer …

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First Commonwealth Financial (NYSE:FCF) Announces Quarterly Results

First Commonwealth Financial (NYSE: FCF – Get a rating) released its results on Tuesday. The bank reported earnings per share (EPS) of $0.29 for the quarter, missing Thomson Reuters consensus estimate of $0.30 per ($0.01), MarketWatch Earnings reports. First Commonwealth Financial had a return on equity of 12.55% and a …

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Afterpay hirings plunged – is BNPL slowing down?

It seems like everywhere you can shop online, consumers are encouraged to split their shopping cart total into smaller payments. A robbery, a fancy designer outfit, or new headphones certainly seem less daunting and draining on the $33-a-month bank account. Every time I meet him, I resist the “buy …

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Fiverr International Inc (NYSE:FVRR) vs. Bread Financial Inc (NYSE:BFH) Head to Head Contrast

Bread Financial (NYSE: BFH – Get a rating) and Fiverr International (NYSE: FVRR – Get a rating) are both mid-sized business services companies, but which is the better company? We’ll compare the two companies based on earnings strength, risk, valuation, dividends, institutional ownership, profitability, and analyst recommendations. Benefits and evaluation …

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$1.55 per share earnings expected for Enova International, Inc. (NYSE: ENVA) this quarter

The brokerages expect Enova International, Inc. (NYSE: ENVA – Get a rating) to report earnings per share of $1.55 for the current fiscal quarter, based on Zacks. Two analysts have made earnings estimates for Enova International. The highest EPS estimate is $1.57 and the lowest is $1.52. Enova International reported …

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Nearly half of Americans are ‘financially stressed’

Inflation stresses people out. New research shows nearly half of American workers are “financially stressed.” Twenty percent regularly run out of money between paychecks. “In general, people have to spend more to get the same things,” said Dan Macklin, CEO of Financing of salaries, who authored the study. “Although salaries …

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SouthState Corporation – Consensus Indicates Upside Potential of 18.4%

Southern State Corporation with ticker code (SSB) now have 8 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 96 and 82, with the average target price standing at 91.44. Given that the stock’s previous close was at 77.21, this would indicate that …

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StockNews.com downgrades regional (NYSE:RM) leadership to buy

Regional Management (NYSE: RM – Get a rating) was downgraded by StockNews.com from a “strong buy” rating to a “buy” rating in a research note released Friday to investors. Separately, Zacks Investment Research downgraded regional management from a “strong buy” rating to a “hold” rating in a Wednesday, Feb. 2 …

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First Hawaiian – Consensus indicates upside potential of 8.6%

First Hawaiian with ticker code (FHB) now have 7 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The target price ranges between 34 and 28, with the average target price standing at 30.64. Together with the stock’s previous close at 28.21, this now indicates that there is …

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Four things to know about Signature Loans

LOS ANGELES – April 4, 2022 – (Newswire.com) iQuanti: Signature Loans are quick and easy loans that can get you funds the same day you apply. From cash advances to installment loans, there are plenty of signature loans that come with easy applications and instant approvals. Even better, these loans …

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House panel overdraft hearing shows partisan divide

Diving Brief: Lawmakers debated whether or not the government should step in to curb the controversial banking practice of charging overdraft fees during a hearing by the House Financial Services Committee on Thursday. Lawmakers have split along partisan lines, with Democrats arguing that overdraft fees negatively impact low-income and minority …

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M&T Bank Corporation – Consensus indicates 12.5% ​​upside potential

M&T Banking Corporation found using ticker (MTB) now have 18 total analysts covering the stock. The consensus rating is “Buy”. The range between the high target price and the low target price is between 221 and 165 with an average TP of 193.85. Now, with the previous closing price of …

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How Amazon, Apple, Facebook, Google are infiltrating financial services

Tech mega-companies such as Amazon, Apple, Meta and Alphabet, Google’s parent company, occupy the delicate space of being both a friend and a perceived threat to traditional financial institutions. For one, their credit cards, buy-now/pay-later products, and potential deposit accounts depend on traditional financial institutions or fintechs to get started. …

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Analysts expect LexinFintech Holdings Ltd. (NASDAQ:LX) posts EPS of $0.50

Wall Street brokers expect LexinFintech Holdings Ltd. (NASDAQ:LX – Get a rating) to show earnings per share of $0.50 for the current fiscal quarter, according to Zacks. Zero analysts released earnings estimates for LexinFintech. LexinFintech posted earnings per share of $0.53 in the same quarter last year, suggesting a negative …

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Earnings per share of $1.91 expected for Regional Management Corp. (NYSE:RM) this quarter

Wall Street analysts expect Regional Management Corp. (NYSE:RM- Get a rating) will report earnings of $1.91 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts released regional management earnings estimates, with the highest EPS estimate of $2.16 and the lowest estimate of $1.66. Regional management …

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AAPL dividend announcement $0.4000/share 03/21/2022

Eagle Bancorp Inc (MD) (NASDAQ:EGBN) declared on 03/21/2022 a dividend of $0.4000 per share payable on April 29, 2022 to shareholders of record on April 11, 2022. Eagle Bancorp Inc (MD) (NASDAQ: EGBN) has paid dividends since 2005, has a current dividend yield of 2.6917901039% and has increased dividends for …

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Buy now, pay later Loans will soon appear on credit reports

Image source: Getty Images Buy now, pay later (BNPL) loans are growing in popularity because they provide a convenient way to pay for larger expenses over time. These loans have not previously been reported on consumer credit reports. But that is about to change. Buy now, pay your loans later …

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The perfect labor market storm and the financial wellness benefits that can help employers weather it

(Photo: Shutterstock) A perfect storm has emerged in the job market: a nascent endemic, rising inflation and employees feeling the pressure and throwing in the towel. Standard benefits have been pushed into overdrive, with HR professionals becoming extremely creative in how they attract potential employees and retain existing ones. While …

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Zacks: Brokers expect WesBanco, Inc. (NASDAQ:WSBC) to report earnings of $0.62 per share

Analysts expect WesBanco, Inc. (NASDAQ:WSBC – Get a rating) to report earnings per share of $0.62 for the current fiscal quarter, based on Zacks Investment Research. Four analysts have released earnings estimates for WesBanco. The highest EPS estimate is $0.67 and the lowest is $0.56. WesBanco posted earnings per share …

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goeasy (TSE:GSY) raised to “Strong-Buy” at Raymond James

goeasy (TSE:GSY – Get a rating) was upgraded by Raymond James equity researchers from an “outperform” rating to a “strong buy” rating in a research report released Friday to clients and investors, BayStreet.CA reports. The company currently has a price target of C$207.00 on the stock. Raymond James’ target price …

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First Hawaiian – Consensus indicates 10.5% upside potential

First Hawaiian with ticker code (FHB) now have 7 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The range between the target high and the target low is between 33 and 26 and has an average target at 30.07. Given that the stock’s previous close was at …

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Zacks: Brokerages expects Regional Management Corp. (NYSE:RM) to report EPS of $1.91

Wall Street analysts expect Regional Management Corp. (NYSE:RM- Get a rating) will report earnings per share of $1.91 for the current fiscal quarter, according to Zacks. Two analysts provided regional management revenue estimates. The highest EPS estimate is $2.16 and the lowest is $1.66. Regional management reported earnings of $2.31 …

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How the war in Ukraine is affecting many financial industries

Powell: Fed to proceed cautiously with rate hike amid Ukraine dispute Federal Reserve Chairman Jerome Powell said Wednesday that the central bank still plans to raise interest rates despite the “very uncertain” economic effects of the war in Ukraine. “Ultimately we will continue, but we will proceed with caution as …

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How is your credit score calculated? | Credit card

If you’re trying to improve your credit score, it’s important to understand how your credit score is calculated. Although you have many different credit scores, including VantageScores, about 90% of lenders will ask for your FICO score when you apply for credit. There are even different versions of FICO scores, …

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Payday Loans Statistics | The bank rate

Here’s a breakdown of payday loan demographics by parental status. Parents are more likely to take out payday loans than non-parents. Parental status Percentage having used a personal loan non-relative 5% relative 8% payday loans in america The rates and terms of payday loans can vary widely by state. Some …

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Lakeland Bancorp, Inc. (NASDAQ:LBAI) is expected to post earnings of $0.33 per share

Analysts expect Lakeland Bancorp, Inc. (NASDAQ:LBAI – Get a rating) to report earnings per share (EPS) of $0.33 for the current fiscal quarter, Zacks Investment Research reports. Four analysts provided earnings estimates for Lakeland Bancorp, with the lowest EPS estimate at $0.21 and the highest at $0.48. Lakeland Bancorp posted …

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Startup Offers Payday Reimbursed Loans | PaymentsSource

A former Citigroup executive has raised about $9 million in a new round of seed funding for Paywallet, which extends installment loans to cash-strapped borrowers whose repayments come directly from their paychecks . Paywallet, based in Jacksonville, Fla., has piloted the concept for the past two years and plans to …

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Bank of Hawaii Corporation – Consensus indicates 5.1% upside potential

Bank of Hawaii Corporation found using the ticker (BOH) now have 5 total analysts covering the stock. The consensus rating is “Hold”. The range between the target price high and the target price low is between 101 and 83 calculating the average target price we see 90.8. Given that the …

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goeasy (TSE:GSY) Stock Ranking Reaffirmed by Raymond James

goeasy (TSE: GSY)The stock had its “outperforming” rating reiterated by investment analysts Raymond James in a note to investors released on Friday, Analyst Rating Network reports. They currently have a price target of C$207.00 on the stock. Raymond James’ price target would indicate a potential upside of 39.98% from the …

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New Mexico Lawmakers Approve $1 Billion State Spending Increase | Politics

SANTA FE, NM (AP) — The New Mexico Legislature has approved a record $1 billion annual budget increase that bolsters spending on public schools, Medicaid, public safety initiatives and a range of grants, loans and tax breaks for private industry. The Senate approved the bill by voice vote on Wednesday …

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First Hawaiian – Consensus indicates 3.5% upside potential

First Hawaiian with ticker code (FHB) now have 7 total analysts covering the stock. The consensus rating is “Hold”. The target price ranges between 33 and 26 calculating the average target price we see 29.79. Given that the stock’s previous close was at 28.79, this indicates that there is upside …

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Morgan Stanley bullish on these 3 stocks for a 90% (or more) upside

A trio of headwinds are rocking the markets, making investors jittery. The Russian-Ukrainian situation is making headlines. Foreign policy experts openly speculate on the prospect of war, should Russia invade its neighbor and the United States oppose it. For now, this situation is fluid and unpredictable. On the home front, …

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Best credit cards for bad credit: February 2022

CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through the LendingTree Affiliate Network if you apply and are approved for a card, but our reporting is always independent and objective. If you have a low credit …

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CPGs turn to cloud data to reduce waste and costs

More than half of the world’s population lives in cities. They have nothing to do with how food is produced or distributed. They just expect it to be on the shelf when they want it. At least, that’s how it worked for a good part of 100 years. The pandemic …

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Mercyhealth partners with Synchrony to provide patients with more accessible financing options

STAMFORD, Conn. and ROCKFORD, Ill.Feb. 9, 2022 /PRNewswire/ — Synchrony (NYSE: SYF), a leading provider of consumer payment and finance solutions, and mercy, a regional health system with seven hospitals and 85 primary and specialty care facilities, today announced a multi-year strategic partnership to expand patient financing options. Mercyhealth will …

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Consumer spending up 34% at the end of 2021 – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, February 7: Data from the Central Bank of Kuwait shows consumer spending by Kuwaiti citizens and residents at the end of 2021 jumped 8.7 billion dinars, or 34%, to a record high and historic, compared to 2020 spending levels, reaching around 34.3 billion …

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More expensive and riskier debt with fewer assets hinders wealth creation for black households

It can be good to have some debt, because debt can actually help build wealth. But it all depends on the type of debt. Other debts can pose a major financial risk to your financial security. Black households are burdened with risky debt, which hampers their ability to grow their …

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KBRA Assigns Preliminary Ratings to Marlette Funding Trust 2022-1

NEW YORK–(BUSINESS WIRE)–KBRA assigns preliminary ratings to four classes of bonds issued by Marlette Funding Trust 2022-1 (“MFT 2022-1”), a $317.37 million consumer loan ABS transaction. The ratings reflect initial credit enhancement levels of 40.65% for Class A Notes to 9.80% for Class D Notes. Credit enhancement consists of overcollateralisation, …

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WesBanco, Inc. Fourth Quarter 2022 Earnings Forecast Published by B. Riley (NASDAQ:WSBC)

WesBanco, Inc. (NASDAQ:WSBC) – B. Riley Research analysts cut their fourth quarter 2022 earnings per share (EPS) estimates for WesBanco shares in a report released Thursday, January 27. B. Riley analyst S. Moss now expects the financial services provider to earn $0.63 per share for the quarter, down from its …

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