Jeff For Banks

MARCH 5, 2021

According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points. For example, think of the Credit Analyst in Charlotte evaluating a rural Indiana ag loan to an Amish borrower. We will lose that local flavor to allocating capital by centralizing banking.

Regulation 78

Regulation Indiana Charlotte Community Bank 78

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

JANUARY 19, 2017

Though the Commonwealth of Puerto Rico remains in a fiscal crisis — burdened with more than $70 billion of debt and a cut to corporate tax breaks — Puerto Rican officials are looking to technology and entrepreneurship as part of a new economic development plan, TechCrunch reported.

Puerto Rico 100

Puerto Rico Indianapolis Indiana San Francisco 100

PYMNTS

JULY 22, 2019

By the turn of the century, department stores had become the cornerstones of entirely new ecosystems that drove consumer consumption to record levels that, in turn, created new manufacturing, wholesale and supply chain opportunities for producers eager to capitalize on that demand.

Innovation 170

Innovation US Maine Google 170