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Banking on Data Podcast
The Banking on Data podcast is for community bank and credit union leaders who understand that the future of financial services is powered by data.
Hosted by Ed Vincent, CEO of Lumio Solutions, this podcast offers executive-level insights into how financial institutions can leverage business intelligence, data strategy, and advanced analytics to drive performance, manage risk, and unlock growth opportunities. Each episode features conversations with industry leaders, data experts, and financial executives who share practical strategies for building data-centric cultures, navigating regulatory pressures, and turning information into action. From modernizing legacy systems to aligning data with boardroom decisions, Banking on Data equips C-suite executives with the knowledge they need to lead confidently in a digital-first era. This podcast was formerly known as the Risk Intel Podcast.
Learn more at www.lumiosolutions.io
Banking on Data Podcast
S2 | E41: US Agriculture 2024 Industry Risk Analysis (Part One)
The U.S. agricultural sector is facing a challenging transition. Following a period of record profitability in 2021 and 2022, the latest USDA 2024 Farm Sector Income Forecast released in September of 2024, projects a continuing decline in farm income. According to Amitabh Bhargava, a seasoned expert in credit risk and portfolio risk management, farm incomes dropped nearly 29% in 2023 and are expected to fall another 9-10% in 2024. This decline represents a slowing of the income reduction but signals continued financial stress for farmers across the nation. Listen to the conversation where host Ed Vincent asks Amitabh to dive into the trends from the recent survey data.
