Finance

Personal finance: As “buy now, pay later” plans grow, so do delinquencies

Americans have become fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers. Buy now, pay later loans allow users to pay for items such as new sneakers, electronics, or luxury goods in installments. Companies such as Affirm, Afterpay, Klarna, and …

Read More »

Eagle Bancorp, Inc. (NASDAQ:EGBN) Declares Quarterly Dividend of $0.45

Eagle Bancorp, Inc. (NASDAQ: EGBN- Get a rating) announced a quarterly dividend on Tuesday, September 20, Zacks reports. Shareholders of record on Monday, October 10 will receive a dividend of 0.45 per share from the financial services provider on Monday, October 31. This represents an annualized dividend of $1.80 and …

Read More »

Things you didn’t know you could do with a personal loan

Personal loans are installment loans with fixed monthly payments. Although they generally require you to have a good credit score to qualify, they can be a great choice for consumers who need some flexibility in how they spend their money. Personal loans also tend to have lower annual percentage rates, …

Read More »

Banks and consumer advocates urge CFPB to rein in non-bank personal lenders

Two rare allies — a consumer group and a banking trade association — are urging the Consumer Financial Protection Bureau to begin regulating large fintech lenders that provide installment and other types of personal loans. Director of the Consumer Financial Protection Bureau Rohit ChopraCFPB The Center for Responsible Lending and …

Read More »

myFICO: How to Build Credit

SAN JOSE, Calif.–(BUSINESS WIRE)–Whether you’re looking to get a mortgage, take out a loan, or rent a new apartment, you need to know how essential it is to have a good credit rating. For many people, building credit starts with timely payment of a student loan or credit card. However, …

Read More »

Synchrony Financial (NYSE:SYF) Receives an Average “Moderate Buy” Recommendation from Brokerages

Synchrony Financial (NYSE: SYF – Get a rating) received an average rating of “moderate buy” from the seventeen analysts who currently cover the stock, MarketBeat reports. One research analyst rated the stock with a sell rating, four gave the company a hold rating and seven gave the company a buy …

Read More »

Government of Canada consultation on reducing the criminal interest rate

Authors): Joyce M. Bernasek, Dominic Duchesne September 9, 2022 Last August, the Government of Canada launched its anticipated consultation document (the consultation document) to solicit the views of stakeholders and vulnerable members of the public on the criminal interest rate and availability of high cost installment loans often offered …

Read More »

KBRA Assigns Preliminary Ratings to Marlette Funding Trust 2022-3

NEW YORK–(BUSINESS WIRE)–KBRA assigns preliminary ratings to four classes of bonds issued by Marlette Funding Trust 2022-3 (“MFT 2022-3”), a $310.369 million consumer loan ABS transaction. Ratings reflect initial levels of credit enhancement from 45.64% for Class A Notes to 13.39% for Class D Notes. Credit enhancement consists of overcollateralisation, …

Read More »

Buy Now, Pay Later Platform Market Size Will Reach USD 46.9

NEWARK, Del, Sep 01, 2022 (GLOBE NEWSWIRE) — The buy-it-now and pay-later platform market is expected to create an absolute dollar opportunity over the forecast period of 2021 to 2031 with an impressive CAGR of 22 .4% with a total market revenue of US$5.2 billion in 2020 and an expected …

Read More »

Here’s how US credit card debt has changed in 5 years | Economic news

If you are aware of any local business openings or closings, please let us know here. PREVIOUS OPENING AND CLOSING – Giant company chairman Nicholas Bertram will step down on August 31. John Ruane will take over as interim president. – Reiki Balance will open September 9 at 529 Reading …

Read More »

Be cautious as inflation undermines users who buy now and pay later

Comment this story Comment NEW YORK — Shares of buy-it-now and pay-later company Affirm, which has grown rapidly over the past two years as U.S. consumers increasingly try online installment loans, fell sharply on Thursday after the company presented a more cautious outlook for its current fiscal year. The outlook …

Read More »

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 …

Read More »

Director of Regional Management Corp. (NYSE:RM) buys $251,225.00 worth of stock

Regional management company (NYSE:RM – Get a rating) Director Philip V. Bancroft purchased 6,500 shares of the company in a trade dated Wednesday, August 17. The stock was purchased at an average price of $38.65 per share, for a total transaction of $251,225.00. Following the acquisition, the director now owns …

Read More »

Fintech Software Development: Industry Trends

The area of ​​software development that is currently in the greatest demand is financial technology, or fintech. Almost everyone interacts with finances and transactions on a daily basis, and inventive minds can think of many ways to improve these interactions. Like many other types of solutions in the contemporary world, …

Read More »

Texas Permanent School Fund sells 1,615 shares of First Commonwealth Financial Co. (NYSE:FCF)

The Texas Permanent School Fund reduced its stake in the shares of First Commonwealth Financial Co. (NYSE: FCF – Get a rating) by 2.4% in the first quarter, according to its latest filing with the Securities and Exchange Commission. The company held 66,807 shares of the bank after selling 1,615 …

Read More »

Synchrony offers four installment payment plans through the Clover app

Synchrony announced that merchants will now be able to offer a short-term, interest-free installment option, Synchrony “SetPay in 4”, through the Clover POS and Fiserv, Inc.’s business management system. This Buy Now, Pay Later (BNPL) will further expand the reach of Synchrony’s payment and financing options and allow select merchants …

Read More »

Q2 2022 EPS estimates for goeasy Ltd. (TSE:GSY) reduced by analyst

goeasy ltd. (TSE: GSY- Get a rating) – Desjardins lowered its Q2 2022 earnings per share (EPS) estimates for goeasy in a research note released to investors on Wednesday, August 3. Desjardins analyst G. Ho now expects the company to post earnings per share of $2.62 for the quarter, down …

Read More »

KBRA Assigns Preliminary Ratings to Octane Receivables Trust 2022-2

NEW YORK–(BUSINESS WIRE)–KBRA assigns preliminary ratings to four categories of bonds issued by Octane Receivables Trust 2022-2 (“OCTL 2022-2”), an ABS powersports equipment loan transaction. OCTL 2022-2 will issue four classes of notes totaling $300.0 million. The transaction is expected to be secured by approximately $317.0 million in fixed rate …

Read More »

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 …

Read More »

BAFN Dividend announcement $0.0800/share 07/28/2022

BayFirst Financial Corp (NASDAQ:BAFN) declared on 07/28/2022 a dividend of $0.0800 per share payable on September 15, 2022 to shareholders of record as of September 01, 2022. BayFirst Financial Corp (NASDAQ: BAFN) has been paying dividends since 2016, has a current dividend yield of 1.6710182428% and has increased dividends for …

Read More »

Comparison of Peoples Financial (OTCMKTS: PFBX) and Berkshire Bancorp (OTCMKTS: BERK)

Peoples Financial (OTCMKTS: PFBX – Get a rating) and Berkshire Bancorp (OTCMKTS: BERK – Get a rating) are both small cap finance companies, but which business is superior? We’ll compare the two companies based on their risk strength, valuation, institutional ownership, earnings, dividends, profitability, and analyst recommendations. Valuation and benefits …

Read More »

Synchrony Financial (NYSE:SYF) shares sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its holdings of Synchrony Financial shares (NYSE: SYF – Get a rating) by 1.4% during the first quarter, HoldingsChannel reports. The fund held 142,177 shares of the financial services provider after selling 1,953 shares during the period. Mutual of America Capital Management LLC’s …

Read More »

Parallel Advisors LLC Reduces Equity Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Parallel Advisors LLC reduced its position in Waterstone Financial, Inc. (NASDAQ: WSBF – Get a rating) by 19.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor held 4,038 shares in the savings and loan company after selling 972 shares during the period. Parallel Advisors LLC’s holdings in Waterstone Financial …

Read More »

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 …

Read More »

C&F Financial (NASDAQ:CFFI) shares drop below the two-hundred-day moving average of $50.33

C&F Financial Co. (NASDAQ: CFFI – Get a rating) the stock price fell below its 200-day moving average during Friday’s session. The stock has a 200-day moving average of $50.33 and is trading as low as $46.05. C&F Financial shares last traded at $46.05, with volume traded at 904 shares. …

Read More »

CURO completes the acquisition of First Heritage Credit and increases its financing capacity

WICHITA, Kan.–(BUSINESS WIRE)–CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a technology-driven, omnichannel consumer finance company serving unpreferred and blue-chip consumers in the United States and Canada, today announced that it has completed its previously announced acquisition of First Heritage Credit (“FHC”), a consumer lender that provides prime installment loans as …

Read More »

Costco CEO confirms his hot dogs won’t face a price hike after rumors swirl about the fate of the retailer’s signature snack

Costco CEO Craig Jelinek said CNBC in an interview on Monday that the price of Costco hot dogs will not be increased despite rumors to the contrary. When asked by a CNBC reporter if the rumors circulating online about a price hike were true, Jelinek simply replied, “No.” Jelinek had …

Read More »

Rep. Kinzinger on Cipollone’s testimony: There was ‘no contradiction to anything anyone said’ at January 6 panel

Rep. Adam Kinzinger said attorney Pat Cipollone’s recent testimony does not contradict “what anyone said” to the House committee on Jan. 6 in previous depositions. Kinzinger, a Republican on the committee, said ABC News “This Week” Sunday that the panel “went through a lot” during their interview with Cipollone. “It …

Read More »

Biden’s Labor Secretary ‘not sold’ that we’re headed for a recession

Wall Street and consumers are worried about a impending recession, especially as prices remain exorbitant and some companies are starting to lay off workers. But not everyone, including Labor Secretary Marty Walsh, thinks we’re on the verge of a downturn. “I’m not convinced we’re heading into a recession,” Walsh told …

Read More »

De-stigmatizing debt at work

US consumer debt continues to climb with no end in sight, average US household owe more than $155,000 — an increase of more than six percent over last year. Homebuyers may soon be able to capitalize in a slowing housing market, but the supply chain issues that arose during the …

Read More »

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: …

Read More »

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 …

Read More »

IFM Investors Pty Ltd buys 14,173 shares of Synchrony Financial (NYSE:SYF)

IFM Investors Pty Ltd increased its stake in Synchrony Financial (NYSE: SYF – Get a rating) by 19.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor held 86,885 shares of the financial services provider after acquiring an additional 14,173 shares during …

Read More »

Foundry Partners LLC sells 5,060 shares of Bancorp, Inc. clients (NYSE: CUBI)

Foundry Partners LLC reduced its position in Customers Bancorp, Inc. (NYSE: CUBI – Get a rating) by 56.3% in Q1, according to the company in its latest 13F filing with the SEC. The institutional investor held 3,925 shares of the bank after selling 5,060 shares during the quarter. Foundry Partners …

Read More »

Critical Investigation: Peoples Financial (OTCMKTS: PFBX) vs. Penns Woods Bancorp (NASDAQ: PWOD)

Penns Woods Bancorp (NASDAQ: PWOD – Get a rating) and Peoples Financial (OTCMKTS: PFBX – Get a rating) are both small cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability …

Read More »

The Maryland State Pension and Retirement System holds a $1.40 million position in Synchrony Financial (NYSE:SYF)

Maryland State Retirement & Pension System reduced its position in shares of Synchrony Financial (NYSE: SYF – Get a rating) by 4.0% in the first quarter, according to the company in its most recent filing with the SEC. The company held 40,222 shares of the financial services provider after selling …

Read More »

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 …

Read More »

Akbank TAS (OTCMKTS:AKBTY) is trading up 6.2%

Akbank TAS (OTCMKTS: AKBTY – Get a rating) shares rose 6.2% in Thursday’s session. The company traded as low as $1.03 and last traded at $1.03. Approximately 139,315 shares were traded during trading, a 412% increase from the average daily volume of 27,188 shares. The stock had previously closed at …

Read More »

M&T Bank Corporation – Consensus indicates 23.7% upside potential

M&T Banking Corporation found using the ticker (MTB) now have 18 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 240 and 172.65 calculating the average target price we see 204.73. With the stock’s previous close at 165.49, this would imply upside potential …

Read More »

Salisbury Bancorp, Inc. (NASDAQ:SAL) Sees Significant Short-Term Interest Growth

Salisbury Bancorp, Inc. (NASDAQ: SAL – Get a rating) saw strong growth in short-term interest during the month of May. As of May 31, there were short interests totaling 4,700 shares, up 42.4% from the May 15 total of 3,300 shares. Approximately 0.2% of the company’s shares are sold short. …

Read More »

Washington Federal (NASDAQ:WAFD) and National Park (NYSE:PRK) Direct Inquiry

Washington Federal (NASDAQ:WAFD – Get a rating) and National Park (NYSE:PRK – Get a rating) are both small-cap finance companies, but which stock is superior? We’ll compare the two companies based on the strength of their profitability, risk, valuation, earnings, institutional ownership, analyst recommendations and dividends. Analyst Recommendations This is …

Read More »

New iPhone Buy Now Pay Later button in iOS 16 takes on Affirm and Amazon: How it works

This story is part WWDC 2022CNET’s full coverage from and about Apple’s annual developer conference. What is happening Apple has announced a new free funding feature in Apple Wallet that lets you pay for your purchases for free over time. why is it important As inflation continues to impact households, …

Read More »

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 …

Read More »

Apple Pay Later just crushed Affirm’s dreams, but it’s a big win for 2 Fintech giants

Apple (AAPL 1.25%) attracts worldwide attention when it hosts its developer conferences, as consumers, vendors and tech professionals all eagerly await the latest innovations from the iPhone maker. Yet while many are paying the most attention to the latest product releases, Monday’s announcement of its Apple Pay Later service sent …

Read More »

Synchrony Financial – Consensus indicates 35.1% upside potential

Synchrony Financial found using the (SYF) ticker 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 65 and 22 with an average TP of 48.94. Now, with the previous closing price of …

Read More »

Synchrony Financial (NYSE:SYF) receives an average “Buy” rating from brokerages

Synchrony Financial Shares (NYSE: SYF – Get a rating) have been given an average rating of “Buy” by the twenty-one analysts who cover the company, Market Beat Ratings reports. One equity research analyst rated the stock with a sell recommendation, five assigned a hold recommendation and twelve gave the company …

Read More »

BSP retains COVID-19 shield for credit card users

Banking regulators kept the cap on interest on credit card transactions at 2% per month or 24% per year, citing the need to help consumers amid the continued impact of the COVID-19 pandemic. The Bangko Sentral ng Pilipinas said the maximum interest rate or finance charge on a cardholder’s outstanding …

Read More »

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. …

Read More »

Community Financial Analysis (NASDAQ:TCFC) and BayCom (NASDAQ:BCML)

Community finance (NASDAQ: TCFC – Get a rating) and BayCom (NASDAQ: BCML – Get a rating) are both small cap finance companies, but which is the better company? We’ll compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, profitability, institutional ownership and risk. Profitability …

Read More »

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 …

Read More »

Klarna layoffs signal wider slowdown in buy it now and pay later

Get smarter in just 5 minutes Get the daily email that makes reading the news truly enjoyable. Stay informed and entertained, for free. The mental gymnastics it takes to justify a $400 pair of designer sneakers becomes a mere somersault when it only costs you $100 per paycheck. And no …

Read More »

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 …

Read More »

The Skanner News – Expensive auto repairs are sinking consumers into a money pit

New research reveals how costly auto repairs are turning into a new form of predatory lending. And just like other forms of financial abuse, consumers feel duped and deceived about the associated costs and the time it takes to pay these bills. Written by Stop the debt trapa multi-member consumer …

Read More »

Carvana prepares $615.5 million in ABS notes on fixed-rate installment loans to buy cars

Online used car dealership Carvana is sponsoring a $615.5 million asset-backed securities deal, for its latest asset-backed security (ABS) this year, in a deal that will includes an initial credit enhancement of 9.5% on “AAA” rated notes. Carvana Auto Receivables Trust 2022-P2 has an $82 million tranche that KBRA rated …

Read More »

$54.15 million in sales expected for Washington Trust Bancorp, Inc. (NASDAQ:WASH) this quarter

Analysts predict that Washington Trust Bancorp, Inc. (NASDAQ:WASH – Get a rating) will report sales of $54.15 million for the current fiscal quarter, according to Zacks. Two analysts provided earnings estimates for Washington Trust Bancorp, with the lowest sales estimate of $53.40 million and the highest estimate of $54.90 million. …

Read More »

BANKGUAM HOLDING CO Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-Q)

The following discussion provides information about the results of operations, financial condition, liquidity, and capital resources of the Company and its wholly-owned subsidiaries, the Bank and BGIS. This information is intended to facilitate the understanding and assessment of significant changes and trends related to our financial condition and the results …

Read More »

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, …

Read More »

CITIZENS FINANCIAL GROUP INC/RI MANAGEMENT REPORT OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q)

Page Forward-Looking Statements 6 Introduction 7 Financial Performance 8 Results of Operations 10 Net Interest Income 10 Noninterest Income 11 Noninterest Expense 12 Provision for Credit Losses 12 Income Tax Expense 12 Business Operating Segments 12 Analysis of Financial Condition 14 Securities 14 Loans and Leases 15 Allowance for Credit …

Read More »

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 …

Read More »

The CURO Group (CURO) will publish its results on Monday

CURO Group (NYSE: CURO – Get a rating) will release its earnings data after the market closes on Monday, May 2. Analysts expect CURO Group to post earnings of $0.11 per share for the quarter. CURO Group (NYSE: CURO – Get a rating) last announced its results on Tuesday, February …

Read More »

COVID stimulus funds spurred lower debt spending

The Financial Health Network has published its 10th annual report Expense reportshowing the first-ever overall drop in interest and fee expenses. The study tracks what U.S. households have spent on financial services during the pandemic and says the 4% drop in debt-related spending stems from the student debt moratorium, government …

Read More »

First Commonwealth Financial (NYSE:FCF) Reports Quarterly Results

First Commonwealth Financial (NYSE: FCF – Get a rating) released its quarterly earnings data on Tuesday. The bank reported earnings per share (EPS) of $0.29 for the quarter, missing analyst consensus estimates of $0.30 per ($0.01), MarketWatch Earnings reports. First Commonwealth Financial had a net margin of 34.51% and a …

Read More »

$88.99 million in sales expected for Eagle Bancorp, Inc. (NASDAQ:EGBN) this quarter

Wall Street analysts expect Eagle Bancorp, Inc. (NASDAQ:EGBN – Get a rating) to report $88.99 million in sales for the current quarter, Zacks reports. Three analysts provided earnings estimates for Eagle Bancorp. The lowest sales estimate is $88.00 million and the highest is $90.38 million. Eagle Bancorp reported sales of …

Read More »

Head-to-head comparison: California First Leasing (OTCMKTS:CFNB) vs. Park National (NYSE:PRK)

First rental in California (OTCMKTS: CFNB – Get a rating) and National Park (NYSE:PRK – Get a rating) are both finance companies, but which company is better? We’ll compare the two companies based on valuation strength, earnings, analyst recommendations, institutional ownership, dividends, profitability and risk. Institutional and insider ownership 61.1% …

Read More »

Review of Bread Financial (NYSE:BFH) and eBay (NASDAQ:EBAY)

Bread Financial (NYSE: BFH – Get a rating) and eBay (NASDAQ: EBAY – Get a rating) are both business services companies, but which company is superior? We’ll compare the two companies based on their dividend strength, earnings, institutional ownership, risk, profitability, valuation, and analyst recommendations. Risk and Volatility Bread Financial …

Read More »

AAPL dividend announcement $0.1800/share 04/14/2022

Cl B Com/Alpine Banks of Colorado (OTCBB:ALPIB) declared on 04/14/2022 a dividend of $0.1800 per share payable on May 02, 2022 to shareholders of record on April 25, 2022. Cl B Com/Alpine Banks of Colorado (OTCBB: ALPIB) has paid dividends since 2019, has a current dividend yield of 2.2464900017% and …

Read More »

Over 80% of consumers rank “zero interest” as the top feature of Buy Now, Pay Later

New research from the Strawhecker Group analyzes consumer attitudes, market trends and year-over-year comparisons Omaha, NE, April 12, 2022 (GLOBE NEWSWIRE) — The Strawhecker Group (TSG), a globally recognized payments industry analytics, intelligence and advisory firm, has released the results of a survey of more than 500 US consumers covering …

Read More »

Metaverse Series: Will Eyes Follow Marks?

Virtual plots of land at Decentraland, the first and largest blockchain-based metaverse, have sold for millions of dollars, and its casino has racked up nearly $8 million in revenue. Supported by Meta CEO Mark Zuckerberg’s prediction that immersive virtual reality worlds were the future of social media, as well as …

Read More »

Synchrony Financial Appoints Kamila Chytil to Board of Directors – Form 8-K

Synchrony appoints Kamila Chytil to board A senior technology and operations executive brings additional expertise in payments and financial services Stamford, CT – April 04, 2022 -Synchrony (NYSE: SYF), a leading consumer financial services company, today announced that Kamila Chytil has been appointed to Synchrony’s Board of Directors, effective April …

Read More »

Synchrony Financial – Consensus indicates 49.6% upside potential

Synchrony Financial with the ticker code (SYF) 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 65 and 40, with the middle target price at 52.06. Given that the stock’s previous …

Read More »

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 …

Read More »

Worries grow over ‘buy now, pay later’ loans

BOSTON, Mass. (WWLP) – Attorneys general from 21 states, including Massachusetts, are asking the Consumer Financial Protection Bureau (CFPB) to take a closer look at lending practices that may be in violation of state and federal consumer laws. read the letter attorneys general at the CFPB. Used car sales top …

Read More »

Synchrony to Announce First Quarter 2022 Financial Results on April 18, 2022 | News

STAMFORD, Conn., March 28, 2022 /PRNewswire/ — Synchrony (NYSE: SYF) expects to report its first quarter 2022 results on Monday, April 18, 2022. Earnings release and presentation materials are expected to be published and posted on the Investor Relations section of the Company’s website, www.investors.synchronyfinancial.comat about 6:00 a.m. Eastern Time. …

Read More »

SouthState Corporation – Consensus Indicates 7.2% Upside Potential

Southern State Corporation with ticker code (SSB) now have 8 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 96 and 82 calculating the average target price we see 91.06. With the stock’s previous close at 84.97, this would indicate that there is …

Read More »

Best Installment Loans of 2022 – Forbes Advisor

Upgrade was launched in 2017 and provides online and mobile banking and credit services accessible in all states except Iowa, Vermont and West Virginia. Since then, the platform has made over $3 billion in credit available to more than 10 million applicants and continues to expand its online and mobile …

Read More »

Analysts expect Cathay General Bancorp (NASDAQ:CATY) to report quarterly sales of $171.87 million

Stock analysts expect Cathay General Bancorp (NASDAQ:CATY – Get a rating) will report sales of $171.87 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have released earnings estimates for Cathay General Bancorp, with the lowest sales estimate of $168.00 million and the highest estimate of $177.60 …

Read More »

OPPFI INC. MANAGEMENT REPORT OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

PREVIEW We are a leading mission-driven financial technology platform that powers banks to offer accessible financial products to everyday consumers through our proprietary technology and artificial intelligence ("AI") and a top-rated customer experience. Our primary mission is to facilitate financial inclusion and credit access to the 150 million everyday consumers …

Read More »

Pintec Technology (PT) stock soared 53.3% despite the lack of news. here is

Key points: Pintec Technology (PT) stock price climbed 53.3% today despite the lack of news. The Chinese fintech offers multiple financial services to companies. PT shares look attractive at current prices, and the recent rally is great. Pintec Technology Holdings Ltd – ADR (NASDAQ: PT) stock price soared 53.3% today …

Read More »

OppFi sues California commissioner over threat of state interest rate cap (NYSE:OPFI)

William_Potter/iStock via Getty Images OpFi (NYSE:OPFI)which provides technology to banks to offer installment loans, has filed a lawsuit against the California Department of Financial Protection and Innovation Commissioner. The company is seeking a ruling that the state interest rate cap law does not apply to loans issued by OppFi banking …

Read More »

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Brief Interest Update

Hawthorn Bancshares, Inc. (NASDAQ: HWBK – Get a rating) saw a significant decline in short interest in February. As of February 15, there was short interest totaling 11,300 shares, down 27.1% from the total of 15,500 shares as of January 31. Approximately 0.2% of the company’s shares are sold short. …

Read More »

REGIONAL MANAGEMENT CORP. MANAGEMENT REPORT ON FINANCIAL POSITION AND RESULTS OF OPERATIONS. (Form 10-K)

The following discussion and analysis should be read in conjunction with, and is qualified in its entirety by reference to, our audited consolidated financial statements and the related notes that appear in Part II, Item 8, "Financial Statements and Supplementary Data" in this Annual Report on Form 10-K. These discussions …

Read More »

Gen Z borrowers are becoming a bigger force in the mortgage market

Written by Penelope Graham As the Canadian housing market hit new frenzied highs during 2021, it’s no surprise that the number of new mortgages taken out has also increased – but what’s perhaps surprising is that the Gen Z age group (those born between 1995 and present) consistently make up …

Read More »

Comerica Incorporated – Consensus indicates 10.8% upside potential

Comerica Incorporated with ticker code (CMA) now have 21 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 123 and 78 with an average TP of 105.87. Given that the stock’s previous close was at 95.54, this indicates that there is 10.8% upside …

Read More »

Understanding Your Credit Score: What Makes Up Your FICO Score

By SociallyIn, Sponsored Content Your credit score plays an important role in your financial situation. It can affect your ability to get credit cards, rent an apartment, qualify for a mortgage, or even find a job. Your FICO score is made up of five different factors: payment history, amount of …

Read More »

Get Easy Tribal Loans for Bad Credit at Heart

Post views: 63 Tribal loans primarily offer financial assistance to Indian or Native American tribal communities who cannot avail of the available payday loans. Tribal moneylenders issue them to people who need money to meet immediate needs. If you are a borrower without a stable income or with a high …

Read More »

Park National Corporation – Consensus indicates 0.5% upside potential

National Park Company with ticker code (PRK) now have 3 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The target price ranges between 137.5 and 130 by calculating the average target price we see 132.5. Now, with the previous close of 131.82, that would imply 0.5% upside …

Read More »

Can you get a payday loan with a credit score of 550?

If your credit score is 550, you can only qualify for a personal loan. However, it is almost impossible to obtain large loans with low credit scores. This means you need to look for alternative financial solutions or improve your credit score. In this article, I will explain various things …

Read More »

Victory at Last: Legislature Approves Bill to End 175% Interest Rate | Legislature | New Mexico Legislative Session

New Mexico lawmakers took a giant step Wednesday toward shutting down a few hundred businesses. They went from timid to tough-minded in a month, finally taking action to end more than three decades of legal loan sharking in New Mexico. By approving House Bill 132, the Legislature sided with the …

Read More »

Banks use data and trust to prepare BNPL entry

They waited – and they watched. Ava Kellyproduct manager at i2ctold PYMNTS that banks, having watched digital newcomers, are now fully ready to embrace buy-it-now-pay-later (BNPL) initiatives while playing to their competitive strengths. BNPL’s potential market, she said, exceeds $5 trillion. “For banks, this is an opportunity to stay on …

Read More »

Park National Corporation – Consensus indicates 0.7% upside potential

National Park Company found using the (PRK) ticker now have 3 total analysts covering the stock. The consensus rating is “Hold”. The range between the high target price and the low target price is between 137.5 and 130 with an average TP of 132.5. Now, with the previous closing price …

Read More »

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 …

Read More »

Indiana Organizations Share Concern Over Consumer Loan Bill Passed in Senate | News

SOUTH INDIANA — A bill passed by the Senate on Feb. 1 is being heavily criticized by a coalition of 97 groups across the state. Senate Bill 352 seeks to make changes to Indiana’s Uniform Consumer Credit Code regarding supervised consumer loans. The changes have various stakeholders concerned about the …

Read More »

Kuwaiti banks see their deposits drop in 2021; first in 21 years – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger Total credit facilities of about 42.286 billion dinars at the end of December KUWAIT CITY, February 8: According to monthly statistics released by the Central Bank of Kuwait, total deposits stood at 44.561 billion dinars at the end of last December, down 714 million, or …

Read More »

Zacks: Brokerages expect Farmers National Banc Corp. (NASDAQ: FMNB) posts earnings per share of $0.47

Stock analysts expect Farmers National Banc Corp. (NASDAQ:FMNB) reports earnings of $0.47 per share for the current quarter, Zacks Investment Research reports. Three analysts have released earnings estimates for Farmers National Banc. The lowest EPS estimate is $0.46 and the highest is $0.47. Farmers National Banc reported earnings per share …

Read More »

Prevent payday lenders from using trusted banks for predatory lending

Three major banks — Wells Fargo, Truist and Bank of Regions – announced in January its intention to launch low-value loan offers to its customers with checking accounts. If their loans give customers time to repay in affordable installments at fair prices, like the existing small loans from US Bank, …

Read More »

LETTER: Indigenous communities need legislative action to end predatory lending

It is urgent that the Legislature and Governor Lujan Grisham enact Bill 132 (Rep. Herrera, Speaker Egolf and Rep. Garratt) in the 2022 session to reduce the maximum annual interest rate on small loans from $175 %, one of the highest rates. rate in the nation, at 36%. This question …

Read More »

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Short-term interest rates down 51.6% in January

Lakeland Bancorp, Inc. (NASDAQ:LBAI) experienced a significant drop in short-term interest in January. As of January 15, there was short interest totaling 1,190,000 shares, a decrease of 51.6% from the total of 2,460,000 shares as of December 31. Based on an average daily trading volume of 212,500 shares, the day-to-cover …

Read More »

AAPL dividend announcement $0.0800/share 01/27/2022

BayFirst Financial Corp (NASDAQ:BAFN) on 01/27/2022 declared a dividend of $0.0800 per share payable March 15, 2022 to shareholders of record as of March 01, 2022. The amount of the dividend recorded is an increase of 0.01 $ compared to the last dividend paid. BayFirst Financial Corp (NASDAQ:BAFN) has paid …

Read More »

President Egolf finally steps up predatory lending | Legislature | New Mexico Legislative Session

No one would encourage a politician who took a stand in 1975 for the desegregation of water fountains and public toilets. Segregation of public facilities was prohibited by the Civil Rights Act of 1964. The best I can say about a desegregation laggard is that he has decided to move …

Read More »

WesBanco (WSBC) will publish its quarterly results on Tuesday

WesBanco Inc (NASDAQ:WSBC) will release its quarterly earnings data after market close on Tuesday, January 25. Analysts expect the company to report earnings of $0.67 per share for the quarter. Parties wishing to listen to the company’s conference call can do so using this link. WesBanco Inc (NASDAQ:WSBC) last released …

Read More »

Payments firm Billtrust exceeds $1 billion in bills

The B2B Accounts Receivable Automation and Integrated Payments Company billtrust says it exceeded $1 billion in supplier invoices sent to Accounts Payable (AP) portals in 2021. The Lawrenceville, New Jersey company announced the milestone in a Press release Thursday (January 20), saying it was Billtrust’s largest annual total and a …

Read More »

Salisbury Bancorp – Consensus indicates 6.5% upside potential

Salisbury Bancorp with ticker code (SAL) now have 2 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 41.5 and 40 by calculating the average target price we see 40.75. Now, with the previous closing price of 38.25, that would imply 6.5% upside …

Read More »

Best Credit Cards for Bad Credit: Rebuilding Credit

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 …

Read More »

Civista Bancshares, Inc. (NASDAQ:CIVB) Expected to Post Quarterly Sales of $30.40 Million

Analysts expect Civista Bancshares, Inc. (NASDAQ:CIVB) to post sales of $30.40 million for the current quarter, according to Zacks. Two analysts have released earnings estimates for Civista Bancshares, with the lowest sales estimate at $30.30 million and the highest estimate at $30.50 million. Civista Bancshares reported sales of $31.20 million …

Read More »

Marilyn Mosby indicted by federal government for accepting COVID-19 relief payments

Marilyn Mosby speaks during ‘Genius Talks’ at the 2017 BET Experience on June 24, 2017 in Los Angeles. (Photo by Jerod Harris/Getty Images for BET.) Federal prosecutors have obtained a criminal indictment against the Baltimore State’s Attorney Marilyn J. Mosby (D), the most prominent and outspoken elected prosecutor in her …

Read More »

KBRA assigns preliminary ratings to FREED ABS Trust 2022-1FP

NEW YORK, January 12, 2022– (COMMERCIAL THREAD) – KBRA Provides Preliminary Ratings to Four Classes of Notes Issued by FREED ABS Trust 2022-1FP (“FREED 2022-1FP”), $ 232.89 Million Consumer Loan Asset Backed Securities Transaction . The preliminary ratings reflect initial credit enhancement levels of 58.75% for Class A Notes, 37.75% …

Read More »

Banks become “stricter” in granting loans to expatriates – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger “New limits set for acceptable wages for granting credit” KUWAIT CITY, January 10: The Central Statistics Administration released a report which shows that the number of expatriates who receive monthly salaries of more than 480 dinars is around 13.48 percent among the 2.39 million ‘workers …

Read More »

Validea Motley Fool Strategy Daily Upgrade Report – 8/1/2022

THere are today’s updates for Validea Small-cap growth investor model based on the published strategy of Motley fool. This strategy seeks small cap growth stocks with strong fundamentals and strong price performance. HAWTHORN BANCSHARES, INC. (HWBK) is a small cap value stock in the regional banking sector. The rating according …

Read More »

WesBanco, Inc. (NASDAQ: WSBC) Short interest increases 24.8% in December

WesBanco, Inc. (NASDAQ: WSBC) recorded a significant increase in overdraft interest during the month of December. As of December 15, there was short interest totaling 876,600 shares, an increase of 24.8% from the total of 702,600 shares as of November 30. Currently, 1.4% of the company’s shares are sold short. …

Read More »

Synchrony to Report Fourth Quarter 2021 Financial Results on January 28, 2022

STAMFORD, Connecticut., January 4, 2022 / PRNewswire / – Synchrony (NYSE: SYF) expects to release its fourth quarter 2021 results on Friday January 28, 2022. Publication of results and presentation materials should be published and published in the Investor Relations section of the Company’s website, www.investors.synchronyfinancial.com, around 6:00 a.m. Eastern …

Read More »

Blog: How To Save Money This Winter If You Live In A Food Desert (1/2/22)

If you live in one of Missouri’s 100 food deserts, shopping for groceries can be difficult. But there are ways to bring home fresh food without breaking the bank. A food desert is a neighborhood or county with no local option for fresh, affordable groceries. The Missouri House Bill 1411, …

Read More »

He under some circumstances offers and cheats 1099-c financing while trying their attorney like personal debt without scot

He under some circumstances offers and cheats 1099-c financing while trying their attorney like personal debt without scot In the 3 mortgage check cashing guarantee live option (Chicago Fargo), the drifting apps would run 3 financiers of this insurance in the same way the kirkintilloch mortgage cash advance mentions 21 …

Read More »

Can a personal loan help build your credit history?

LOS ANGELES – December 30, 2021 – (Newswire.com) iQuanti: If you’ve ever tried borrowing money, like taking out a personal loan, you know that your credit history and credit rating can play a big role. This is because some lenders use your credit history to assess your risk as a …

Read More »

Brokerages Expect Investar Holding Co. (NASDAQ: ISTR) to Report Earnings of $ 0.55 per Share

Analysts expect Investar Holding Co. (NASDAQ: ISTR) to report earnings per share (EPS) of $ 0.55 for the current quarter, according to Zack. Two analysts have released estimates for Investar’s earnings, with the highest EPS estimate being $ 0.56 and the lower estimate being $ 0.55. Investar reported earnings per …

Read More »

Brokerages Expect Lakeland Bancorp, Inc. (NASDAQ: LBAI) to Report Earnings of $ 0.42 per Share

Wall Street analysts predict that Lakeland Bancorp, Inc. (NASDAQ: LBAI) will post earnings per share of $ 0.42 for the current quarter, Zack reports. Four analysts have made estimates for Lakeland Bancorp’s earnings. The highest EPS estimate is $ 0.45 and the lowest is $ 0.41. Lakeland Bancorp reported earnings …

Read More »

Civista Bancshares, Inc. (NASDAQ: CIVB) to report earnings of $ 0.60 per share

Analysts expect Civista Bancshares, Inc. (NASDAQ: CIVB) to report earnings of $ 0.60 per share for the current quarter, according to Zacks investment research. Two analysts have released earnings estimates for Civista Bancshares, with estimates ranging from $ 0.58 to $ 0.61. Civista Bancshares reported earnings per share of $ …

Read More »

Investar (NASDAQ: ISTR) raised to “hold” at Zacks Investment Research

Investor (NASDAQ: ISTR) has been improved by Zacks investment research from a “strong sell” note to a “keep” note in a research note issued to investors on Thursday, Zacks.com reports. According to Zacks, “Investar Holding Corporation is a banking holding company for Investar Bank. It offers a range of commercial …

Read More »

Comerica Incorporated – Consensus Says Potential 12.2% Increase

Comerica Incorporated found using ticker (CMA) now have 23 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The range between the high target price and the low target price is between 123 and 78 by calculating the average target price that we see 93.93. With the stock’s …

Read More »

Fidelity National Information Services: What’s the Next Step to Buy Now, Pay Later?

Buy Now, Pay Later (BNPL) is one of the many technological innovations that have grown in popularity in recent years, especially during the tough economic times brought on by the pandemic. While the idea of ​​this technology is not particularly new, its growing popularity with financial institutions, merchants and consumers …

Read More »

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) Short interest rate down 29.3% in November

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) experienced a sharp decline in short-term interest in November. As of November 30, there was short interest totaling 12,800 shares, a decrease of 29.3% from the total of 18,100 shares as of November 15. About 0.2% of the company’s shares are sold short. Based on …

Read More »