Browsing: chargeoffs

Key insight: Bank OZK Chairman and CEO George Gleason says the CRE downturn that has persisted since interest rates spiked in 2022 and 2023 is now…

Photographer: Kyle Grillot/BloombergKyle Grillot/Bloomberg Credit card issuer Synchrony Financial took an earnings hit Tuesday after reporting weaker-than-expected net interest income and a jump in net charge-offs. Synchrony,…