Community Banks Feeling Share Price Pressure as Overexposure to CRE Loans Grows
The FDIC Quarterly Banking Profile for the first quarter continues to show increasing loan exposures to commercial real estate lending including construction and development loans.
Community Banks' Increasing Real Estate Loans Exposure Problematic
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.
As California drought eases, farmers fret over regulations, outside investors
While nearly 40% of California emerges from the drought, generational farmers in the state are still concerned that regulatory changes will lead them to sell to investor groups.
Ignore bullish hype on rate hikes; book profits on community banks now
The FDIC has released positive data for community banks, but these 14 banks have rallied too far too fast.
Move Out of Community Banks, FDIC Data Warn
The FDIC Quarterly Banking Profile shows community banks aren't positioned to help stimulate economic growth on Main Street.
Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending
While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.
Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing
“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.
Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge
"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.
Micron Earnings Preview: Will Critical Support Hold?
Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?