Financial News & Insights Topics

CARES Act Summary for Coronavirus Relief

On Friday, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was created to provide immediate support to both households and businesses due to the COVID-19 pandemic and its related consequences. The CARES Act appropriates an unprecedented $2 trillion in aid and comes at a time when many…

The Only 3 Things You Need To Focus on For Strategic Planning For Your Business

Strategic planning means a lot of things to a lot of different people. One problem that exists in corporate America is that the act of strategic planning is undefined and so management teams feel that if they can get to an offsite, sit around a table, work on some budget plans and talk about the…

South State Bank and CenterState Bank ranked in top 50 of Forbes’ Best Banks in America list.

COLUMBIA, S.C. and WINTER HAVEN, Florida – Feb. 24, 2020 South State Bank and CenterState Bank jointly announced today that they have been named in the top 50 of Forbes’ 100 Best Banks in America. “We intuitively knew we were putting together two of the country’s best banks with the partnership of South State and…

South State and CenterState to Combine in Merger of Equals to Create Leading Southeast Regional Bank

Company Release – 1/27/2020 7:30 AM ET Combined Company Positioned to be a High Performance Financial Institution with Approximately $34 Billion in Assets Serving 18 High Growth Markets in six Southeastern States Merger Creates the 8th Largest Bank Headquartered in the Southeast Financially Compelling Combination for Both Companies’ Shareholders Combines Two Low-Cost Deposit Bases with…

CenterState Bank Corporation Announces 27.3% Dividend Increase and Approval of New 6.5 Million Share Repurchase Program

Company Release – 1/16/2020 1:04 PM ET WINTER HAVEN, Fla., Jan. 16, 2020 /PRNewswire/ — CenterState Bank Corporation (NASDAQ: CSFL) (the “Company” or “CenterState”) announced today that the Board of Directors of the Company increased its quarterly cash dividend on its common stock from $0.11 per share to $0.14 per share, representing an increase of…

Here is the Data on Customer Problem Resolution

Assume for a second that your company screws up and causes a problem. The customer comes in or calls to complain – Do you apologize? Of course you do – but then what? For the most part, small and mid-sized businesses are fantastic and solving problems and making customers happy. What comes after an apology…

How to Attract the Wrong Customers to Your Business

As your company kicks off 2020, one critical factor to get right is to verify if you are targeting not the customers that you have now but the customers that you want for the future. Chances are, at least at some level, you are attracting the wrong customers that are not profitable, not engaged, not…

Naval Lessons of Leadership and Accountability

Commander Bryce Benson was asleep at 1:30 am when the Philippine freighter, the ACX Crystal, rammed the USS Fitzgerald on June 17th off the coast of Japan (Figures 1 and 2).  Within seconds the Commander’s stateroom flooded with cold seawater along with Berthing Room 2 that held 35 sailors. Four sailors grabbed sledgehammers, and one sailor…

The Irishman’s Guide To Sales and Marketing

Throw all the facts that you want at someone, and you won’t move them to a position anywhere near the effectiveness than if you can work the facts into a story. From the dawn of man, our brains have become hardwired to place facts in context, and a story helps get us that context in…

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