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Posted by
Two Blokes May 24, 2025 -
Filed in
Stock
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6 views
PFS currently has a very large loan pipeline that is ~15% of loans outstanding. Therefore, loan growth will likely remain decent this year despite the tariffs. The net interest margin is largely unaffected by interest rate changes, which is a plus point in the current uncertain environment. The bond market turbulence will significantly reduce the market value of PFS' securities, which will diminish the equity book value.