CIT Sells Wealth Advisory Arm to First Sun Capital
Banking Exchange
SEPTEMBER 2, 2020
Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger Management Feature Feature3 M&A.
Banking Exchange
SEPTEMBER 2, 2020
Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger Management Feature Feature3 M&A.
Jeff For Banks
DECEMBER 16, 2022
Short-term focus is a common trait of banks that focus on shareholder primacy over stakeholder primacy. Total return includes two components: capital appreciation and dividends. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 9, 2022 was -1.21%. MetroCity Bankshares, Inc.
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