article thumbnail

First National Corporation Reports Second Quarter 2022 Financial Results

Benzinga

The efficiency ratio in the low sixties reflects the team's focus on expense management and benefited from an improving net interest margin bolstered by deposit betas better than what we model. million, or 47%, increase in total interest and dividend income, while total interest expense was unchanged. There were $1.5

Banking 40
article thumbnail

Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year. Beta & Risk 1. Dividends and Potential Dividends (FCFE) 1. Return on Equity 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marking Time: A new year, a fresh semester and its class time!

Musings on Markets

Thus, you and I can disagree about whether beta is a good measure of risk, but not on the principle that no matter what definition of risk you ultimately choose, riskier investments need higher hurdles than safer investments.

article thumbnail

Data Update 5 for 2024: Profitability - The End Game for Business?

Musings on Markets

Your answer to that question will determine not just how you approach running the business, but also the details of how you pick investments, choose a financing mix and decide how much to return to shareholders, as dividend or buybacks. Does profitability vary across the globe?

Equity 79