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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

Ask a banker about the value of their bank, and they will either talk about some derivation of book value or earnings multiple. While both valuation methods provide everyone with a nice, tidy sum of value, the data could be more actionable. Do you reduce your cost of funds? Do you increase your loan spreads?

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What Price Loyalty? Ulta, KeyBank, novae Say Points Must Be Spendable, Programs Flexible

PYMNTS

Rewards points and programs may spur customers to make purchases, but do they inspire loyalty that lives on after the transaction is made? Consider the fact that as far back as the summer of 1995, the Harvard Business Review noted that companies spend millions of dollars to develop loyalty programs, without much insight returned.

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How Did Banks Fare During Fed Tightening?

Jeff For Banks

Before providing observations, here are some relevant ratios that I reviewed for all U.S. banks and savings banks (not S&Ls), amounting to over 4,000 institutions, and divided them up into asset size cohorts. They were what I termed "psychologically illiquid." The $10B-$50B cohort experienced a 37 bps increase.

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Emergency Funds 101 – Hacks You Need to Know Now

BankBazaar

Building an emergency fund can provide a solid foundation for your long-term financial plan and also amass savings to fall back on! If you are looking for some help planning an emergency fund, here is a handy guide to get you started. Let’s start with the basics – what is an emergency fund? Aim for a larger amount.

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Follow These Simple Tips To Become Financially Independent

BankBazaar

Here are a few simple tips to become a financially-independent individual. In fact, you can easily become financially independent by being smart with your finances. So, what is financial independence? It is that point in your life when you don’t have to worry about whether you’ll get your salary the next day or not.

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Confessions Of A Shopaholic | How To Curb Your Spending Habits

BankBazaar

Ever reach a point at the end of the month where you just pause and wonder where all your money went? No matter how many times the little voice in your head hopelessly chants “Spend less, spend less…”, it often leads you nowhere. Here are a few easy tips to curb your spending ASAP! . Here’s Why .

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What is a Certificate of Deposit (CD) and How Do They Work?

Ublocal

During times of market volatility, like those we’re experiencing today , many individuals interested in building their nest egg, or saving for a specific goal, look for alternatives that offer less risk and more stable returns than traditional stocks and stock-based accounts. What is a CD?