Sundry Photography Over a year ago, I published “U.S. Bancorp: Net Interest Margin Compression Could Quickly Erase Profits This Year.” At that time, I had a bearish view on U.S. Bancorp (NYSE:USB) under the view that its moderately high leverage combined with rising deposit rates would cause its NIM to compress, causing the company to…
The native BLUR token has also seen positive price movements. 2024 is only a few days away and we already have many highly anticipated blockchain projects in the works. Even though it is the holidays, crypto lovers are still engaging with these projects and many of them seem very promising. Take Blast, a layer-2 blockchain that…
Fly View Productions First Merchants (NASDAQ:FRME) released Q3 2023 last week, and there are both positive and negative aspects to discuss. As of today, this bank is in a difficult moment and is 40% far from its all-time high. Loan portfolio and investment portfolio First Merchants Corporation (FRME) Q3 2023 Earnings Call The loan portfolio…
JHVEPhoto Since I last wrote about Comerica (NYSE:CMA) two months ago, shares have fallen by 13% with losses that had been even worse before Thursday’s 6% rally on hopes the Federal Reserve has completed its rate-hiking cycle. Responding to a commenter on October 27th, I said that given the drop in shares, I would now…
Though Upbit quickly moved to halt deposits and withdrawals, that decision came after the fake APT token had already made its way into 400,000 Aptos wallets. Upbit, the largest cryptocurrency exchange in South Korea, has resumed withdrawals and deposits of the Aptos (APT) token. This follows an earlier decision by the exchange to freeze deposits…
Gemini highlighted that XRP will be available for trading under several currency pairs including USD, GBP, EUR, CAD, SGD, HKD, and AUD. Following the court’s ruling earlier last month on the SEC vs Ripple case, cryptocurrency exchange Gemini announced on Thursday that it has now added the support of XRPL and its native digital asset…
courtneyk Thesis QCR Holdings, Inc. (NASDAQ:QCRH) exhibited a strong performance in the second quarter of 2023, with non-GAAP EPS of $1.69 beating by $0.35 and revenue of $88.73M beating by $7.45M. This article aims to delve into the financial highlights and key figures, along with a comprehensive evaluation of the company’s overall performance, inherent risks,…