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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. Here’s how four community banks are thriving in this environment. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area.

Texas 182
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. billion, on an 82 percent increase in retail sales. Ontario (L.A.), Oklahoma City, and Memphis.

Company 130
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

We believe we can effectively compete as a community bank in our market area and the niche markets we serve. Since the fourth quarter, 2012, we have expanded to serve the small business community by offering loans guaranteed by the Small Business Administration as well as the U.S. Texas Capital Bancshares, Inc.

Strategy 101