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EBITDA and Credit Stretching

Earnings season will get underway next week.  Banks should live up to their reputation as being boring albeit with pretty good results.  Loan growth looks as though it will be modest, but net interest margins should increase following the March and June rate hikes and the accompanying move higher in the London Interbank Offered Rate.  Jeff Davis, CFA, managing director of Mercer Capital’s Financial Institut ...

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