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Ag lending outlook & top challenges

Abrigo

Two of the main expenses for farmers and ranchers – fertilizer and fuel – have had the highest inflation this year, and rising interest rates are also likely to hit their net income, said Rob Newberry, Senior Advisor on Abrigo’s Advisory Services team and a faculty member of the Graduate School of Banking at the University of Wisconsin-Madison.

Lending 195
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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. Revenue fell to $21.6 The bank reported 28.9

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

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. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says.