BAC Archives - Market Mad House

daniel November 3, 2016 BAC, Brick and Mortar Banking is Dying, Capital One (NYSE: COP), Citigroup (NYSE: C), Colorado East Bank, Does Triumph Bancorp Make Money?, JPMorgan CHASE NYSE: JPM), TBK, TBK Bank, The Problem Facing Triumph Bancorp, Triumph Bancorp (NASDAQ: TBK), Triumph Bancorp is not a Good Investment

Triumph Bank Bancorp do Regional Banks Make Money?

This is the big dilemma that brick and mortar institutions whether they be giant monster banks or small local operations face. There are generations of people out there that almost never use brick and mortar banks; including Generation Xers (like me) and Millennials.

Long Ideas

daniel May 20, 2015January 28, 2016 AAPL, ABX, Amazon, American Express, Apple Pay, Apple Stock, BAC, Benjamin Graham, Costco, GOOG, Google, Income Inequality, LC, lending club, Mr. Money Mustache, P2P, Peer to Peer Bubble, Peer to Peer Lending, Prosper, Warren Buffett, WMT

Is Lending Club Really Bubble Proof?

To be fair, there are some signs Lending Club is starting to make money. According to its financials, Lending Club had $64.6 million in cash and short-term investments when it went public. Yet on March 31, 2015, Lending Club had $874.13 million in cash and short-term investments. That shows us that it is capable of generating a lot of cash in a very short period of time, but can it keep that up?

Market Insanity

daniel May 16, 2015 AMZN, Apple Pay, BAC, Bank of America, bubble, Bubble Economy, Consumer Loans, Disruptive Technology, LC, lending club, Mr. Money Mustache, PayPal, Peer to Peer Lending, Peer to Peer Lending Bubble, Subprime Loans, Value Investing, Venmo, Visa, Warren Buffett, WMT

Is Peer to Peer Lending a Bubble?

One reason why Lending Club’s business is so good could be that large numbers of Americans simply lack the money or the good credit records necessary to borrow from traditional banks.

Market Insanity

daniel May 1, 2015March 28, 2016 AAPL, ABX, American Express, Apple Pay, BAC, Bank of America, Bank of Internet, Benjamin Graham, Berkshire Hathaway, BOFI, BofI Holding, Disruptive Technology, EVER, EverBank, EverBank Financial, Foreclosure, mortgages, Mr. Money Mustache, NetBank, PayPal, The Dark Side of BOFI, Value Investing, Warren Buffett

Is Bank of Internet a Value Investment?

The number of delinquent loan balances at BOFI doubled between June 30, 2014, and September 30, 2014, which indicates that the bank’s loan book could quickly melt down.

Long Ideas

daniel February 27, 2015May 14, 2016 AAPL, Apple Inc., Apple Pay, BAC, Bank of America, Bitcoin, EBAY, eBay Inc., Google Inc., PayPal, Venmo, Warren Buffett

How Digital Wallets Will Destroy Banking as We Know It

JPMorgan Chase (NYSE: JPM) reported that one million of its account holders are now using Apple Pay at its Investor Day on Tuesday, February 24, 2015. That means one million customers of one of the nation’s largest banks are using an alternative to traditional banks. Bank consumer behavior is changing faster than we thought.

Market Commentary

daniel December 13, 2014 AAPL, Apple Pay, BAC, Bank of America, COST, Disruptive Technology, Dollar General, Financial Chaos, PayPal, Value Investing, Warren Buffett, WMT

Two Big Financial Stories You Need to See

The existence of next generation payment mediums like Bitcoin and market-based lending like portfolio loans will make for extreme economic volatility. Nothing, it seems, will stay the same in today’s economy of destruction.

Good Stocks

daniel November 18, 2014 AAPL, Apple Pay, BAC, Bank of America, Bank of Internet, BOFI, EverBank, PayPal, US Bancorp

Is Bank of Internet Really Better Than Other Banks?

Payment solutions like Apple Pay make Bank of Internet’s business model obsolete.
Despite its impressive revenue growth Bank of Internet is still a very small niche player.
Bank of Internet simply lacks the resources to challenge giant competitors like Bank of America.
By making banking at any institution more convenient Apple Pay poses a serious challenge to Bank of Internet.