Happy 4th of July!
May your grills cook perfectly, your loved ones laugh a little more, and the fireworks shine a little brighter. And may we all remember the price paid so we can celebrate these liberties. Let freedom ring!
Unrealized Losses at Banks
While much was made over the poor risk management at SVB that led to inexplicably unhedged long-bond positions, most lenders understand that years of debt securities and assets priced well under today’s yields lead to a somewhat illiquid “hold-to-maturity” position for too much of the portfolio. Recent data shows the magnitude of the issue: Unrealized […]
Why Mid-Sized Food and Beverage Manufacturers Must Invest in Automation
In a recent study completed by Secured Research, only 17% of middle market food and beverage manufacturers were cutting capex spend going into 2024. An impressive 64% planned on increasing investments in automation by 20% or more in the next 24 months. Middle Market food and beverage manufacturers face the dual challenge of staying ahead of […]
CFO Consideration of Operating Leases: Q2/24 Survey Update and Three CFO Comments
More CFOs are open to considering operating leases for at least some capex items than at any time since 2005. Secured Research offers an update to the Q4/23 survey of more than 1,300 mid-sized company CFOs to reveal how the trend may be evolving. Percentage of CFOs Willing to Consider Operating Leases for Capex 1 Manufacturing […]
The Impact of Rising Rates, Struggling Efficiency Ratios, and Deposit Gathering Necessities on Credit Availability
A 525bp increase in rates in a little over year was bound to present consequences and challenges. This article serves as a primer surrounding these implications but also explores how today’s situation can tighten credit availability, negatively impact bank efficiency ratios and hinder deposit gathering, ultimately shaping the lending landscape. The Consequences of Rapidly Rising Interest […]
First National Capital Supports the American Red Cross Emergency Response Fund
First National Capital proudly supports the American Red Cross Emergency Response Fund. Please see the following message from Dianella Donner, Senior Regional Philanthropy Officer: Thank you very much for your incredible gift to the American Red Cross Emergency Response Fund. Powered by FNCC’s compassionate contribution, the Red Cross can provide care to survivors of large […]
First National Capital Commemorates Memorial Day Supporting Two Worthy Causes
This Memorial Day, our team wishes you relaxation and time with loved ones, but also that you do not forget the price paid by those brave men and women who gave the full measure of sacrifice so we can live freely and enjoy those freedoms. First National Capital is proud to financially support The Wounded […]
Executive Summary: March 2024 Equipment Market Trends Analysis
This executive summary provides an overview of the key findings from various market reports in March 2024 across the truck/trailer, construction, and agricultural equipment sectors in the United States and Canada as provided by Sandhills Publishing. Truck/Trailer Market: S. Used Heavy-Duty Trucks: Inventory increased by 7.19% M/M and 14.38% YOY, with asking and auction values […]
Bad Things Banks Do: 3 Recent Quotes From Business Leaders
“I always love my bank relationship review. It’s where they tell me what I’m doing wrong and what they can’t do to help while pushing only what they want to sell me. I’d rather talk to my ex-wife about carpet samples.” -CEO, $1B Metals Company For one top 5 bank website, the word relationship is […]
Regional Bank Health Update
With First Republic seized by regulators, @apolloglobal CEO Marc Rowan tells @davidfaber that he expects more bank failures. https://vimeo.com/822695422?share=copy Now is the time to diversify sources of capital. I’d like to invite you to discover what this can look like for your project finance, term debt and capex funding needs. First National Capital has been a highly competitive […]