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United Bankshares post 3Q results
Oct. 27. United Bankshares third-quarter earnings were $102.6 million, or $0.76 per diluted share, as compared to $95.6 million, or $0.71 per diluted share, for the second quarter of 2022. The quarter was highlighted by continued broad-based loan growth, net interest margin expansion and strong credit quality metrics. Annualized loan growth, excluding Paycheck Protection Program […]
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Plan. Implement. Modify. Pause. Pivot. Regroup. Re-train. Whew! Aug. 5. Cheryl Kane. With its tumultuous impact on our environments, how do you successfully manage a business in Covid-19 times? With purposeful care and courage. Yes, the unsettling nature of turbulence slamming into our lives in so many ways sometimes makes it easy to get caught […]
July 29. Aquesta Bank net income rose 19.4 percent to $1.42 million during the second quarter ended June 30, up from $1.19 million during the same period last year. Jim Engel, CEO of Aquesta, said there was solid loan and deposit growth during the period. “We continue to perform well despite the continuing negative effects […]
July 21. Wake Forest Bancshares, parent company of Wake Forest Federal Savings and Loan Association, announced today that the Company reported earnings of $254,566 or $0.23 per share for its quarter ended June 30, 2020. The Company reported earnings of $410,405 or $0.37 per share for the same quarter a year earlier. Earnings for the […]
If the number of IT job openings are a gauge of the economy, things are looking up in North Carolina. The NC Technology Association says the number of tech job openings statewide climbed from 22,729 in May to 23,715 in June. That’s still down considerably from the pre-pandemic highs of 30,000 to 31,000-plus between January […]
By Cheryl Kane. Business professionals need quality information—and creativity—to adapt to changing times. Quality information is necessary to accurately define problems creating a barrier to achieving your goals. Creativity is critical for the innovation needed for strategic planning and executing tactical plans. As times change, plans may need to change. Today disrupted circumstances may startle […]
July 10. U.S. District Judge Kenneth D. Bell has sentenced Hal H. Brown Jr. to 210 months in prison and three years of supervised release for orchestrating a $22 million Ponzi scheme. Bell also ordered Brown to pay more than $17 million in restitution. according to Andrew Murray, U.S. Attorney for the Western District of […]
