Stock analysts expect Cathay General Bancorp (NASDAQ:CATY – Get a rating) will report sales of $171.87 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have released earnings estimates for Cathay General Bancorp, with the lowest sales estimate of $168.00 million and the highest estimate of $177.60Read More →

PREVIEW We are a leading mission-driven financial technology platform that powers banks to offer accessible financial products to everyday consumers through our proprietary technology and artificial intelligence (“AI”) and a top-rated customer experience. Our primary mission is to facilitate financial inclusion and credit access to the 150 million everyday consumersRead More →

Here’s a breakdown of payday loan demographics by parental status. Parents are more likely to take out payday loans than non-parents. Parental status Percentage having used a personal loan non-relative 5% relative 8% payday loans in america The rates and terms of payday loans can vary widely by state. SomeRead More →

Brokers expect Lakeland Bancorp, Inc. (NASDAQ:LBAI – Get a rating) will announce revenue of $82.00 million for the current quarter, according to Zacks Investment Research. Four analysts provided earnings estimates for Lakeland Bancorp. The lowest sales estimate is $79.10 million and the highest is $87.60 million. Lakeland Bancorp reported salesRead More →

Regional Management Corp. (NYSE:RM) – Equity research analysts at Jefferies Financial Group raised their first-quarter 2022 earnings per share (EPS) estimates for regional management in a research note released Wednesday, February 9. Jefferies Financial Group analyst J. Hecht now expects the credit services provider to post earnings of $1.66 perRead More →

Forward-looking information This Quarterly Report on Form 10-Q contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on management’s current beliefs and assumptions, as well as information currently availableRead More →

Wall Street brokers expect Investor Holding Co. (NASDAQ:ISTR) to report sales of $22.81 million for the current quarter, Zacks reports. Two analysts provided estimates of Investar’s earnings, with estimates ranging from $22.72 million to $22.90 million. Investar reported sales of $22.00 million in the same quarter last year, which wouldRead More →

NEW YORK–(BUSINESS WIRE)–KBRA assigns preliminary ratings to four classes of bonds issued by Marlette Funding Trust 2022-1 (“MFT 2022-1”), a $317.37 million consumer loan ABS transaction. The ratings reflect initial credit enhancement levels of 40.65% for Class A Notes to 9.80% for Class D Notes. Credit enhancement consists of overcollateralisation,Read More →

Former second Bancorp (NASDAQ:OSBC) has been upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Tuesday, Zacks.com reports. The brokerage currently has a price target of $15.00 on shares of the financial services provider. Zacks Investment ResearchThe target price of indicatesRead More →

Wall Street may be focused on trading revenue and rising compensation costs, but digging deeper into Goldman Sachs’ latest results shows continued traction in its digital and consumer banking efforts. At a high level, the company’s latest results fell below Street’s consensus estimate, in part due to higher operating expenses.Read More →

Lexin Fintech Holdings Ltd. (NASDAQ: LX) received an average “buy” recommendation from the six analysts who currently cover the company, Marketbeat reports. Three equity research analysts gave the stock a hold rating and three gave the company a buy rating. The 12-month average price target among analysts who have reportedRead More →

A Santa Monica company that allegedly tricked millions of consumers into providing sensitive information under the guise of connecting them with lenders will pay $1.5 million in civil penalties imposed by the Federal Trade Commission. ITMedia Solutions LLC, which specializes in lead generation, will also face restrictions on its saleRead More →

STAMFORD, Connecticut., October 4, 2021 / PRNewswire / – Synchrony (NYSE: SYF), a leading consumer financial services company, today announced the Latinx Executive Alliance, a coalition of senior executives and business leaders from different companies, industries and sectors, dedicated to collectively helping Latinx employees to advance in American business. TheRead More →

Buy Now, Pay Later (BNPL) Players Affirm, Afterpay and Zip announced new features and investments. BNPL’s offerings are extremely popular, but the challenges of profitability and regulation remain pervasive. Insider Intelligence publishes hundreds of information, charts and forecasts on the payments and commerce industry. Learn more about how to becomeRead More →

In its fourth asset-backed securities transaction, Aqua Finance Inc. plans to issue approximately $ 775 million in notes through Aqua Finance Trust 2021-A, or AQFIT 2021-A. The agreement will significantly increase the percentage of loans on marine or recreational vehicles for an AQFIT transaction. According to Moody’s Investors Service, theRead More →