Marine Products targets sales growth with inventory stabilization and operational improvements
CEO Ben Palmer stated that while Q4 results were negative compared to the prior year, there are "early signs of stabilization" and optimism for a path toward growth later in 2025. He emphasized the ...
Prosperity Bancshares targets 3.25%-3.35% NIM growth in 2025 amid repricing strategy
The company's net interest margin increased to 3.05% in Q4 2024, up from 2.75% in Q4 2023, driven by asset repricing. Management expects further NIM expansion into 2025. Loans grew to $22.2 billion, ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...