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5 Actionable Insights From 2Q 2022 Bank Earnings

South State Correspondent

With 100+ public banks reporting, we have more than a representative sample to see 2Q 2022 bank earnings trends and derive some operational insights on bank performance. We used the S&P Global database, earnings releases, and investor calls to gather the first hundred banks releasing 2Q numbers as of 8/2/2022.

Trends 195
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The 2022 GonzoBanker Awards

Gonzobanker

Who saw 2022 coming and accurately predicted the headlines? A few modest examples of the 2022 roller coaster ride: The Fed rate hikes in 2022 totaled 425 basis points. In 2022, there was… wait for it… exactly one. Goes to 2022. Goes to all the hot tech and defi players that bought pricey ads at the 2022 Super Bowl.

Community 216
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Warehouse Robotics To Hit $4.44B By 2022

PYMNTS

percent between 2017 and 2022. At this rate, by 2022 the warehouse robotics market will have grown to a value of some $4.44 In the report , Research and Markets projects that the warehouse robotics market is expected to grow at a compound annual growth rate of 11.8

Study 100
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Meet Our 2022 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. 2022 Judges (Left to Right): Sidhartha Dash, Paul Deall, Senthil Erulappan, Armando Junior.

Meeting 52
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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The grocer intends to break ground on its new Loxley, Alabama distribution center and regional headquarters next year. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

Alabama 159
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US, Chinese Retailers Seek International Footholds, Despite Trade War

PYMNTS

retailers (or any foreign players) to establish a strong presence in the Chinese market. Walmart recently announced it would be using WeChat Pay at all of its stores in China’s western region. Semir will stock the 300 Children’s Place locations with apparel, footwear and accessories and operate the brand’s regional eCommerce business.

Retail 115
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In UK, Late Payments Report Finds Fault With Big Retailers

PYMNTS

Among the names cited in the report, retailers WHSmith has payment terms that have stretched between 90 days to 120 days, and Boots has terms that range from 75 days to 120 days. A House of Representatives report has found that businesses are unable to invest, boost employment or grow operations.

Report 159