RealPeopleGroup/E+ via Getty Images This feature has the latest news from the mutual bank conversion sector. As of March 25, five conversions were in the pipeline. Carteret, New Jersey-based URSB Bancorp Inc.'s ( URSB ) mutual-to-stock conversion offering priced at the supermax. The shares are expected to begin trading March 27. According to the prospectus, many of the one- to four-family, multifa...
RealPeopleGroup/E+ via Getty Images This feature has the latest news from the mutual bank conversion sector. As of March 25, five conversions were in the pipeline. Carteret, New Jersey-based URSB Bancorp Inc.'s ( URSB ) mutual-to-stock conversion offering priced at the supermax. The shares are expected to begin trading March 27. According to the prospectus, many of the one- to four-family, multifamily, commercial and industrial (C&I), and consumer loans at URSB Bancorp unit United Roosevelt Savings Bank have been purchased rather than originated internally. As of Sept. 30, 2025, the balance of purchased C&I loans from BHG Financial, formerly known as Bankers Healthcare Group LLC, was $35.3 million, or 12.5% of the bank's loan portfolio. United Roosevelt began buying C&I loans from BHG in early 2016. The bank also started buying participation interests in syndicated leveraged lending loans in November 2023 from BancAlliance Inc.; the balance of that exposure on Sept. 30, 2025, was $4.0 million. Additionally, United Roosevelt began purchasing consumer loans from BHG and Woodside Credit LLC in the second quarter of 2025 and from LendingClub Corp. ( LC ) in the first quarter of 2025. On March 13, CSB Financial Inc. ( CSB:PVT ), the proposed holding company for Bethel, Ohio-based Community Savings Bank, filed a registration statement for a mutual-to-stock conversion. Community Savings began buying consumer loans from BHG in the second quarter of 2024. The consumer loan portfolio, virtually all of which came from BHG, comprised 18.7% of the bank's total loans as of year-end 2025. In the filing, the bank said, "We intend to continue to purchase unsecured consumer loans." The bank also disclosed that it has purchased C&I loans from BHG and that the majority of its one- to four-family loans are secured by nonowner-occupied properties. Also on March 13, Poughkeepsie, New York-based Rhinebeck Bancorp Inc. ( RBKB ) filed a registration statement for a second-stage conversion. T...
The average one-year price target for Teleperformance SE (ENXTPA:TEP) has been revised to €91.86 / share. This is a decrease of 10.39% from the prior estimate of €102.51 dated February 21, 2026. The price target is an average of many targets provided by analys
The average one-year price target for Teleperformance SE (ENXTPA:TEP) has been revised to €91.86 / share. This is a decrease of 10.39% from the prior estimate of €102.51 dated February 21, 2026. The price target is an average of many targets provided by analys
Vanguard’s ETFs are popular among U.S. investors for their low fees and broad market exposure. The Vanguard S&P 500 ETF (VOO) and Vanguard S&P 500 Growth ETF (VOOG) both track the S&P 500—but in different ways. Using the TipRanks’ ETF Comparison Tool, we have compared VOO and VOOG on multiple parameters. According to TipRanks’ unique ETF analyst consensus, VOOG currently holds a Strong Buy rating ...
Vanguard’s ETFs are popular among U.S. investors for their low fees and broad market exposure. The Vanguard S&P 500 ETF (VOO) and Vanguard S&P 500 Growth ETF (VOOG) both track the S&P 500—but in different ways. Using the TipRanks’ ETF Comparison Tool, we have compared VOO and VOOG on multiple parameters. According to TipRanks’ unique ETF analyst consensus, VOOG currently holds a Strong Buy rating and offers an upside of over 40%, reflecting its growth-focused strategy. VOO, in contrast, carries
The law of unintended consequences, a theory popularised by American sociologist Robert K Merton, has rarely been more applicable to any situation than to US President Donald Trump’s war with Iran. Those consequences will be far greater than generally imagined. Their impact will fall heavily on Asia, the world’s most energy-import-dependent region and will almost certainly hurt US ally Japan more ...
The law of unintended consequences, a theory popularised by American sociologist Robert K Merton, has rarely been more applicable to any situation than to US President Donald Trump’s war with Iran. Those consequences will be far greater than generally imagined. Their impact will fall heavily on Asia, the world’s most energy-import-dependent region and will almost certainly hurt US ally Japan more than it will the US’ main rival, China. Indeed, China may even emerge from the crisis with an...