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Pandemic paycheck protection loans boosted nursing home staffing, study finds
The COVID-19 pandemic magnified long-standing problems within nursing homes, including staffing shortages. However, a new study published in JAMA Netw...
July 27, 2023, 3:15 pm
7 ways to prepare for student loan repayment
It is time to get ready for payments to resume in the fall. Here are a few things you can do now to prepare and even reduce those payments. Read Full ...
July 27, 2023, 3:15 pm
Bok financial (bokf) q2 earnings miss while revenues beat
Higher net income and an increase in loan balances support BOK Financial's (BOKF) Q2 earnings while a r...
July 27, 2023, 1:12 pm
Prosperity bancshares (pb) stock rises despite q2 earnings miss
An increase in operating expenses, rise in provisions and fall in net revenues hurt Prosperity Bancshares' (PB) Q2 earnings. However, solid...
July 27, 2023, 12:27 pm
Why lendingclub stock was sliding today
LendingClub beat quarterly estimates but revenue and earnings were down sharply from a year ago. Guidance called for a sequential decline in...
July 27, 2023, 11:15 am
Home bancshares: record profits, depressed multiples, deleveraging, and momentum
Home BancShares has seen record revenues, EBIT and net income since 2014, with a debt/equity ratio down 74% from its peak in Q4-2015. The company has ...
July 27, 2023, 10:36 am
Jpmorgan rides to the rescue again, snapping up mortgages worth $1.8 billion as part of pacwest merger
JPMorgan is set to buy mortgages worth nearly $2 billion in PacWest's merger deal, per Bloomberg. The Wall Street bank will buy the single-family re...
July 27, 2023, 8:45 am
China’s small loan industry continues to shrink in first half
As of the end of the second quarter, 5,688 small lenders had an outstanding loan balance of CNY827 bill...
July 27, 2023, 7:44 am
Why ally financial's lousy q2 could signal a problem for carvana
Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, su...
July 27, 2023, 5:25 am
Jpmorgan chase will reportedly pick up $1.8bn of loans following us regional bank merger
JPMorgan Chase & Co (NYSE:JPM) will acquire $1.8 billion of single-family residential loans to assist B...
July 27, 2023, 3:32 am
Sba disaster loan outreach center closing thursday
Their Outreach Center at the Owns Multipurpose Center will be closing Thursday, July 26 at 6 p.m. but people can still apply for...
July 27, 2023, 3:14 am
Barclays reports first half profit hits expectations, bad loans rise
Barclays reported a profit for the first half of the year that met expectations on Thursday, as its booming consumer and credit card business continue...
July 27, 2023, 2:30 am
Food truck owner gets 2 years in prison for $1.5m pandemic relief loan fraud
BOSTON (AP) — The owner of a Massachusetts food truck business has been sentenced to two years in prison for fraudulently obtaining about $1.5 milli...
July 27, 2023, 1:29 am
Small business administration still addressing residents impacted by flooding
Recent flooding caused million’s in damage and now the Small Business Administration is helping impacted residents by offering disaster relief...
July 26, 2023, 11:29 pm
Mississippi infant and maternity store receives small business boost
A $5,000 Small Business Boost (SBB) loan from the Federal Home ...
July 26, 2023, 10:14 pm
Hawthorn bancshares reports results for the three and six months ended june 30, 2023
Second Quarter 2023 Highlights Net income of $2.5 million, or $0.36 per diluted share Net interest margin, fully taxable equivalent (“FTE”) of 3.1...
July 26, 2023, 8:16 pm
Uk’s funding circle, the small business loans platform, teams up with rainbow energy
They are now working with Funding Circle (LSE: FCH), which claims to be the leading platform for small business...
July 26, 2023, 7:45 pm
Businesses affected by palmer factory blast can apply for sba loans
Regional business and nonprofit owners who suffered economic loss as a result of the deadly R.M. Palmer Co. chocolate factory explosion March 24 in We...
July 26, 2023, 6:14 pm
Paypal vs. bluevine: which small business lender is right for you?
Bluevine doesn’t work for bad credit like PayPal business loans do, but Bluevine still accepts fair p...
July 26, 2023, 5:29 pm
Sc businessman pleads guilty to lying to get federal covid loan: he bought cryptocurrency
James Paul Seidel, who pleaded guilty to making false statements about his misuse of COVID relief money, will likely only get probation, under a deal ...
July 26, 2023, 3:29 pm