May 23, 2025 - 09:52
In a recent discussion, the Chief Financial Officer emphasized a cautious yet strategic approach to underwriting and pricing in the face of changing consumer demand, increasing auto tariffs, and declining credit performance. The company is committed to a "through-the-cycle" methodology when assessing pricing risk, which aims to ensure stability and resilience in their financial practices.
During a fireside chat at a prominent industry summit, the CFO highlighted the importance of adapting to the current market conditions while maintaining a focus on growth. The ongoing fluctuations in the automotive sector have prompted a reevaluation of risk management strategies, ensuring that the company remains competitive without compromising on financial prudence.
As the market continues to evolve, the emphasis on steady underwriting practices positions the company favorably for future opportunities, balancing risk and growth potential effectively. This strategic focus aims to navigate the complexities of the current economic landscape while fostering sustainable development in the long term.
August 23, 2025 - 12:26
Jacksonville Finance Committee Endorses Rory Diamond's Budget AmendmentsThe city’s Finance Committee convened for its final meeting on Friday to assess the proposed $2 billion budget ahead of its upcoming vote by the full city council. During this crucial session,...
August 22, 2025 - 17:16
Leadership Structure Unveiled for Pinnacle and Synovus Merger Ahead of 2026In an exciting development for the financial sector, Pinnacle Financial and Synovus have announced their leadership team in anticipation of their planned merger, set to take effect in the first...
August 22, 2025 - 01:10
New Leadership Team Appointed for Merging BanksPinnacle Financial Partners and Synovus Financial have officially announced the executive leadership team that will guide the newly combined bank, set to take shape following their recent merger...
August 21, 2025 - 22:49
Key Insights from the Federal Reserve Ahead of September MeetingThe Federal Reserve Bank of Kansas City is set to commence its highly anticipated annual Jackson Hole Economic Policy Symposium. In a recent discussion, Jeffrey Schmid, the bank`s CEO and president...