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Analyst Insights: Two Banks that Deliver to Shareholders

Jeff For Banks

Perry's perspective is clearly focused on shareholder value and may be viewed as shareholder primacy, a sometimes derogatory term because pursuing shareholder value could be done at the expense of other stakeholders, such as employees, customers, and communities. Raised capital in late 2019. 14/25 Capital priorities for banks: 1.

Columbus 102
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. billion, on an 82 percent increase in retail sales. Ontario (L.A.), Oklahoma City, and Memphis.

Company 130
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15 Minutes With … Scott Badley

Independent Banker

Badley: We have a cool blend of communities. Some are heavily farming communities. Collectively, we’re positioned where we can have customers and employees from a couple bigger areas (such as the communities of Lapeer and Port Huron). The community banks absolutely do not need the policing that large banks require.

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First Internet in Ind. Plans $20M Stock Offering

American Banker

First Internet Bancorp in Indianapolis plans a secondary offering of about $20 million of common stock.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. ” via Indianapolis Business Journal. . Company: Jawbone.

Capital 78
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Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism

PYMNTS

In this week’s Tech Center tracker, we round up the latest tech news happening around the globe, including Microsoft’s expansion of its artificial intelligence (AI) footprint in Montreal, how Puerto Rico is taking on tech innovation and Indianapolis’ efforts to lure tech talent. Indianapolis Sheds Manufacturing Reputation.