Search Results for: net interest margin

NexBank Ranked as Top-Performing U.S. Bank by S&P Global
Banking Finance Fintech News

NexBank Ranked as Top-Performing US Bank by S&P Global

Fintech News Desk
NexBank Capital, Inc., a Dallas-based financial services company, announced that for the third consecutive year it has been recognized as a top-performing U.S. bank by S&P Global Market Intelligence. NexBank Capital, Inc. ranked 17th in the nation among banks with $3 billion to $10 billion in assets. It had the fourth-highest return on average tangible common......
S&P Global Market Intelligence Ranks the Best-Performing Community Banks and Credit Unions for 2020
Markets News

S&P Global Market Intelligence Ranks the Best-Performing Community Banks and Credit Unions for 2020

Fintech News Desk
S&P Global Market Intelligence released its annual rankings for 2020’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets less than $3 billion, and top-performing credit unions. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play a significant......
Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term
Fintech Fintech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

Fintech News Desk
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
Raisin U.S. Receives Patent for Tech That Creates on-Demand User-Customized Time Deposits
Banking Fintech News

Raisin U.S. Receives Patent for Tech That Creates on-Demand User-Customized Time Deposits

Fintech News Desk
Patented system simplifies and accelerates creation of unique new deposit products Banks using Raisin software offer a private banking service at retail cost European wealth management fintech Raisin has been granted a second patent for key features of its Savings as a Service (SaaS) technology by the United States Patent......
MetaBank Study Reveals Digital Banks Should Focus on Growing Share of Banking
Banking Fintech Investment Services News

MetaBank Serves As Agent for Distributing Prepaid Debit Cards As Part Of Economic Impact Program

Fintech News Desk
Meta Financial Group, Inc.® (Nasdaq: CASH) (the “Company”) today announced that MetaBank (“MetaBank” or the “Bank”), a wholly-owned subsidiary of the Company, has again been asked to disburse Economic Impact Payments (“EIP”) funds through the distribution of prepaid debit cards, a program authorized by the U.S. Congress through the Consolidated......
US Community Banks Near Inflection Point--Consolidation to Accelerate During Recovery
Banking Capital Markets Fintech News

US Community Banks Near Inflection Point–Consolidation to Accelerate During Recovery

Fintech News Desk
U.S. community and regional bank mergers and acquisitions activity is recovering quicker than expected, which bodes well for the structural bank consolidation trend in the coming years, according to McLean, VA-based investment manager, FJ Capital Management (FJ Capital), an SEC-registered investment advisory firm founded in 2007 that manages approximately $800 million in net assets. Read......
VersaBank’s New Instant Mortgage Lending Channel to Be Led by Real Estate Finance Veteran Jim Gardiner
Banking Fintech News

VersaBank’s New Instant Mortgage Lending Channel to Be Led by Real Estate Finance Veteran Jim Gardiner

Fintech News Desk
– VersaBank’s New High-Volume Mortgage App Enables it to Pursue the $200 Billion Canadian Home Financing Market – VersaBank (“VersaBank” or the “Bank”) (TSX:VB) today announced that it has appointed veteran real estate finance executive, Jim Gardiner, to the position of Product Champion, Instant Mortgage, to lead the Bank’s new Instant Mortgage......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech News

VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million

Fintech News Desk
VersaBank announced that it has partnered with Simply Group Financial Corp. (“Simply Group Financial”) for its Point-of-Sale Financing business. Simply Group Financial is a subsidiary of Simply Green Home Services Inc., parent corporation of the “Simply Group”, one of Canada’s fastest growing home energy solution, home improvement and consumer lending......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech Fintech Funding News

VersaBank Adds Three New Insolvency Professional Deposit Partners, Further Expanding Its Access to Very Low-cost Deposit Funding to Support Continued Growth

Fintech News Desk
VersaBank announced that it has added three new partners in its Insolvency Professional Deposits business, further expanding its access to very low-cost deposit funding, and further strengthening a core element of its business model to support continued growth, while providing additional risk-mitigation through increased deposit diversification. Read More: Analyticom Introduces a......
Financial Services CFOs Say Their Institutions Need to Gain Greater Insights into Who and What Drives Profitability, Kaufman Hall Survey Finds
Business Fintech News

Financial Services CFOs Say Their Institutions Need to Gain Greater Insights into Who and What Drives Profitability, Kaufman Hall Survey Finds

Fintech News Desk
Huge Gaps Exist Between What Finance Leaders Feel Is Important to Monitor, and What They Actually Measure and Track Pressure from an uncertain economy and unprecedented competition from an increasing number of sources has 92% of CFOs and financial executives feeling like their financial institutions should be doing more to......
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