Nevada State Bank’s Post

Every HR and benefits professional needs to read this report.

HOT OFF THE PRESSES!! After reaching historic highs in 2021, improvements in #financialhealth have proven to be temporary. Our newly released Financial Health Pulse® 2023 U.S. Trends Report reveals a concerning shift toward financial vulnerability – particularly among historically disadvantaged populations. The #FinHealthPulse is a critical read for financial service providers, employers, policymakers, and researchers committed to advancing financial health for all. Read the full report for a deeper look at widening financial disparities and how #finhealth is closely intertwined with geographic region, employment, overall health, and more. https://lnkd.in/d-ivVnGh

Our sobering findings in this year's Trends Report are a call to action for stakeholders in industry, policy, and research to collaborate and invest in systems to move the needle on consumer financial health

In the 2022 Financial Health Network’s annual Financial Health Pulse Report, the percentage of Americans considered financially healthy decreased by 3%, from 34% in 2021 to 31% in 2022. Financial Health Network’s Financial Health Pulse Report, 2022 https://hubs.ly/Q01VC8f60

In the 2022 Financial Health Network’s annual Financial Health Pulse Report, the percentage of Americans considered financially healthy decreased by 3%, from 34% in 2021 to 31% in 2022. Financial Health Network’s Financial Health Pulse Report, 2022 https://hubs.ly/Q01VC7bL0

In the 2022 Financial Health Network’s annual Financial Health Pulse Report, the percentage of Americans considered financially healthy decreased by 3%, from 34% in 2021 to 31% in 2022. Financial Health Network’s Financial Health Pulse Report, 2022 https://hubs.ly/Q01VFgPd0

In the 2022 Financial Health Network’s annual Financial Health Pulse Report, the percentage of Americans considered financially healthy decreased by 3%, from 34% in 2021 to 31% in 2022. #FinancialFactFriday

We announced our Q4 results on Friday.   Summary of our financial performance for Q4. Consolidated total operating revenue was ₹ 12,794 Mns for Q4 FY24, reflecting a growth of 4.7 % YoY Consolidated EBITDA* stood at ₹ 3,184 Mns translating into a growth of 9.7% YoY. Consolidated PAT* stood at ₹ 1,908 Mns, reflecting a margin of 14.9% translating into growth of 10.2% YoY. On a full year basis, we are happy to share that we crossed the 5000 Cr mark this year. Consolidated total operating revenue was ₹ 50,183 Mns for FY24, reflecting a growth of 10.9 %. Consolidated EBITDA stood at ₹ 12,275 Mns for FY24, reflecting a growth of 19.0%. Consolidated PAT* stood at ₹ 7,896 Mns for FY24, reflecting a margin of 15.7% as compared to ₹ 6,066 Mns in FY23 The balance sheet and liquidity profile at the group level remain strong with group cash and liquid investments of over INR 12.58 Bn against gross borrowings of INR 14.41 Bn, resulting in Net debt position of INR 1.84 Bn as of 31st March 2024. Our net debt-to-equity ratio now stands at 0.06, giving us sufficient room to fund our expansion through a mix of borrowing and internal accruals Thank you to ET Now, CNBC Awaaz, NDTV Profit and CNBC TV18 for giving me an opportunity to share our perspective on our results. ET NOW: https://lnkd.in/ghXqVwdY CNBC_Awaaz: https://lnkd.in/gQJ73Cjt NDTV Profit: https://lnkd.in/gK4ES2Tw CNBC-TV18 : https://lnkd.in/gNNZBrZZ Narayana Health

In the 2022 Financial Health Network’s annual Financial Health Pulse Report, the percentage of Americans considered financially healthy decreased by 3%, from 34% in 2021 to 31% in 2022. #FridayFact #BNGCares https://hubs.li/Q01VPDP10 #FridayFact #GoodworthIsWorthIt

After reaching historic highs in 2021, improvements in #financialhealth have proven to be temporary. Our newly released Financial Health Pulse® 2023 U.S. Trends Report reveals a concerning shift toward financial vulnerability – particularly among historically disadvantaged populations. The #FinHealthPulse is a critical read for financial service providers, employers, policymakers, and researchers committed to advancing financial health for all. Read the full report for a deeper look at widening financial disparities and how #finhealth is closely intertwined with geographic region, employment, overall health, and more. This research was made possible with support from the Citi Foundation and Principal Foundation (Principal Financial Group). https://hubs.li/Q02272Sk0