Banking

The short participation in Regional Management Corp. (NYSE: RM) increases 32.2%

Regional Management Corp. (NYSE: RM) was the target of strong growth in short-term interest rates during the month of November. As of November 30, there was short interest totaling 242,400 shares, an increase of 32.2% from the total of 183,400 shares on November 15. Currently 2.6% of stocks are sold …

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Consumer Financial Protection Bureau confirms BNPL investigation

Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here. The Consumer Financial Protection Bureau (CFPB) issued a series of orders to five companies offering “buy now, pay later” (BNPL) credits. Orders for collecting information on the risks and rewards of these …

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Zacks: Brokerages Anticipate Regional Management Corp. (NYSE: RM) to report earnings of $ 1.79 per share

Stock analysts expect Regional Management Corp. (NYSE: RM) posts earnings per share of $ 1.79 for the current quarter, Zack reports. Two analysts estimated the regional leadership’s earnings, with the highest estimate of EPS at $ 1.85 and the lowest estimate at $ 1.72. Regional management reported earnings per share …

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WesBanco, Inc. (NASDAQ: WSBC) is expected to post quarterly sales of $ 144.21 million

Wall Street brokers expect WesBanco, Inc. (NASDAQ: WSBC) to report $ 144.21 million in revenue for the current quarter, according to Zack. Four analysts have released earnings estimates for WesBanco. The lowest sales estimate is $ 141.39 million and the highest is $ 147.00 million. WesBanco posted sales of $ …

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Independent Community Bankers of America, Venture Center appoints 2022 Accelerator Companies | Arkansas Business News

We were unable to ship the item. The Independent Community Bankers of America and the Venture Center, in partnership with the State of Arkansas, announced on Tuesday evening the 11 companies selected for their annual ICBA ThinkTECH Accelerator program. The program will kick off with an event on January 11. …

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Community banking system – Consensus indicates potential increase of 5.6%

Community banking system found using ticker (CBU) now have 4 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The range between the high target price and the low target price is between 78.5 and 74 by calculating the average target price that we have 75.88. Given that …

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BSP maintains credit card interest rate cap

THE Monetary Council has decided to maintain the credit card limits on credit card transactions. The maximum interest rate or finance charge on a cardholder’s outstanding credit card balance remains at two percent per month or 24 percent per year. Likewise, the monthly mark-up rate that credit card issuers can …

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Interest rate on credit card transactions still capped at 2% per month

As the adoption of credit cards continued among Filipino consumers, the Monetary Board decided to keep the limits on interest rates and finance charges unchanged in order to ease the financial burden on users. Pursuant to Circular No. 1098 of Bangko Sentral ng Pilipinas (BSP) of September 24, 2020, the …

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