#regional banking Tech News.
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The latest regional banking news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks regional banking across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
StartupsSeeking Alpha3 days ago
First Carolina Financial Files $82.5M IPOFirst Carolina Financial Services filed for an $82.5 million U.S. IPO targeting a $454 million market cap. The offering prices at 14.4x forward earnings, above the typical 10, 12x range for regional banks. Risks include aggressive CRE loan growth funded by volatile student deposits and an 80% efficiency ratio.
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