The global banking & payments industry experienced a 60% drop in company filings mentions of digital lending in Q2 2024 compared with the previous quarter, with the highest share accounted for by Intesa Sanpaolo with 14% year-on-year decrease, according to GlobalData’s analysis of over 1,084 banking & payments company filings. GlobalData’s Banking & Payments: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
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Notably, digital lending was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of big data and advanced materials, according to GlobalData.
Of the top leading companies in the banking & payments industry, Intesa Sanpaolo had the greatest increase in references for digital lending in Q2 2024, compared with the previous quarter. GlobalData identified 309 digital lending-related sentences in the company's filings - 2% of all sentences - and a decrease of 14% in Q2 2024 compared with Q2 2023. Credit Agricole’s mentions of digital lending rose by 1927% to 223 and UniCredit’s by 48% to 161 and Banco de Sabadell’s by 4667% to 143 and Mashreqbank PSC’s by 405% to 111.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for digital lending in Q2 2024 was 108.
For further understanding of GlobalData's Banking & Payments: Filings Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
