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Moloco Launches Agency Partner Program to Extend Benefits of Operational Machine Learning to Performance Agencies

Moloco Launches Agency Partner Program to Extend Benefits of Operational Machine Learning to Performance Agencies
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How businesses can protect against inflation: STL bank execs

Peter Blumeyer, St. Louis market president of UMB Bank and Dan Stephen, president of Central Bank of St. Louis give their advice for businesses as inflation rises.

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What interest rate hikes might mean for St. Louisans

The Business Journal spoke with Dan Stephen, president of Central Bank of St. Louis, about how the interest rate increases could affect everyone.

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We Came As Romans – HM Magazine

We Came As Romans – HM Magazine
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Новинки сериалов за май 2021: вампиры, «Звёздные войны» и роботы | Сериалы

Новинки сериалов за май 2021: вампиры, «Звёздные войны» и роботы | Сериалы
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Хитом первого дня Берлинале стала драма Тони Стоуна "Тед К"

Хитом первого дня Берлинале стала драма Тони Стоуна "Тед К"
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Central Bank of St. Louis' new president on the St. Louis economy

Dan Stephen talks about his plans for the bank and his view on the St. Louis market
Credit: SLBJ
Author: Greg Edwards – St. Louis Business Journal
Published: 5:57 AM CST February 17, 2021
Updated: 5:57 AM CST February 17, 2021
Stephen, who succeeded Rick Bagy, had been chief credit officer and chief risk officer for Central Bancompany, the bank's holding company, since 2019. Before that, he was chief credit officer and head of commercial lending at Central Bank of St. Louis for more than 30 years.
What are your financial goals? We're expecting profitability to taper off a bit this year. The mortgage business was on fire in 2020, with pre-tax profit up $14 million compared with 2019. We expect that to be about $7 million lower this year because so many have already refinanced. Our areas of emphasis will be mortgages for as long as the party lasts, PPP lending and wealth management and retirement planning. With the significant drop in interest rates, more people are investing in the market.

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