News

California Bancorp reports Q1 EPS 52c, consensus 40c
Tangible book value per common share of $12.29 at March 31, 2025, up $0.58 from $11.71 at December 31, 2024. “I’m pleased to report our strong ...
Fed's Hammack sees more runway for Fed balance sheet cuts
Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said ...
Fed Should Continue to Shrink Balance Sheet, Cleveland Fed’s Hammack Says
She pointed to potential costs when the central bank lets its reserves stay too large.
Fed’s Hammack Sees Costs to Larger-Than-Needed Balance Sheet
Federal Reserve Bank of Cleveland President Beth Hammack said slowing the pace of the US central bank’s balance-sheet reduction may allow officials to continue the runoff for longer, while emphasizing ...