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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

PYMNTS

We also believe that this crisis will likely accelerate the trend of bank branch transformation as several leading retail banks have already closed significant portions of their branch locations, and it is unclear how many of these will reopen when the pandemic has passed.” . Cardtronics reported GAAP net income of $5.8 million, or $0.13

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More Security In Wake Of Mall Brawls

PYMNTS

A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. Hundreds are reported to have been involved in 12 states nationwide, leading to a number of arrests.

Security 100
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

In the late 90s, low interest rates made speculative equity investments more attractive than bonds, and at the same time, innovative internet companies grew in popularity among retail investors, professional traders, venture capitalists, and the like (familiar?). Let those numbers sink in a bit. Good times.

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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Because an investor in an equity security should expect a 10+% total return. Not many investors complained about the old Commerce Bank (NJ) efficiency ratio of 70+% when they were delivering 20+% profit growth. ROTE is just an investment banker talking buyers into doing expensive deals and to not be accountable for the intangible.

NJ 60
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Security Bank Midwest. By Ed Avis.