American Banker | Feb 19, 2013
Credit card delinquencies rose in January, but chargeoffs fell and portfolios appear likely to extend a streak of strong performance in the months ahead.
American Banker | Feb 14, 2013
Growth is hard to come by in the credit card business, but major lenders are sticking with a smaller pool of customers with higher credit scores.
American Banker | Feb 6, 2013
Executives warn that credit quality is stabilizing after the post-recession recovery, but say that a convalescent housing market could open up another reservoir from which to draw down loss allowances.
American Banker | Feb 5, 2013
Net interest margins continued to come under pressure in the fourth quarter. Net interest income, aided by loan growth, held up better.
American Banker Magazine | Feb 1, 2013
The drain from construction loan portfolios has slowed, and other categories of commercial property loans have notched gains in recent periods.
American Banker Magazine | Feb 1, 2013
The banking industry's appetite for municipal debt has been on the rise, but it's mostly small institutions that are doing the splurging, leaving the typical small bank with a far bigger allocation to munis then the typical large bank.
Bank Think | Jan 31, 2013
Receiving Wide Coverage ... Economy Contracts: Private-sector demand was strong, but businesses reined in inventories and defense spending plummeted, leading to a surprise 0.1% contraction in economic activity in the fourth quarter, according to the Commerce Department's first estimate. The Journal said analysts pinned the plunge in military spending on factors like the drawdown in Afghanistan and worries that more reductions are coming. The Post said government agencies "began adopting contingency plans, instituted hiring freezes and...
American Banker | Jan 30, 2013
Mortgage earnings climbed to 14% of total revenues at Wells Fargo in the fourth quarter. Banks say they can scale down operations quickly when volume fizzles.
American Banker | Jan 24, 2013
Some of the nation's biggest lenders said that savings from firing consultants doing foreclosure reviews would largely cancel out the cost of direct compensation to borrowers.
Bank Think | Jan 18, 2013
Breaking News This Morning ... Earnings: SunTrust, Morgan Stanley, General Electric Receiving Wide Coverage ... Earnings Rorschach: Headlines foregrounded the relentless barrage of legal costs at Bank of America and Citigroup after their quarterly reports yesterday — "Citi and BofA fail to dispel concerns" in FT and "Mortgage Crisis Lingers On at Citigroup and Bank of America" in the Times. The Journal contrasted the pair's results with midsize banks like BB&T and Fifth Third: "a regionally diverse group...
American Banker | Jan 16, 2013
Credit card delinquencies fell across the board at the Big Six issuers in December, reversing the deterioration during the fall.
American Banker | Jan 11, 2013
Unlimited government insurance of noninterest-bearing deposits ended with 2012. Any shifting of cash from banks to money market funds has been modest so far.
American Banker | Jan 8, 2013
Business borrowing from commercial banks appears to have jumped at an annual rate of 11% in the fourth quarter, reversing two quarters of fading momentum.
American Banker | Jan 4, 2013
Large numbers of yield-hungry banks have gorged on municipal bonds, and the industry’s overall holdings of the paper have edged up.
American Banker | Dec 17, 2012
Deposits in accounts temporarily protected by unlimited insurance represented more than 10% of assets at more than 900 banks at Sept. 30
Bank Think | Dec 13, 2012
Receiving Wide Coverage ... Rates Tied to Unemployment: Holy mackerel. The Delphic confusion of Fedspeak past vanished from headlines on the central bank's policy statement Wednesday. Both the Journal and the Times went with "Fed Ties Rates to Joblessness," and FT wasn't far off (different font, different space to fill, presumably). ...
American Banker | Dec 11, 2012
The jump in Bank of America’s Basel III capital ratio in the third quarter reflected favorable moves in rates and credit spreads, not retained earnings.
American Banker | Dec 3, 2012
The expansion by small issuers comes as some of the biggest lenders continue to reengineer their businesses after being sideswiped during the recession, and amid weakness in consumer demand.
American Banker | Nov 28, 2012
These banks have outperformed industry averages for years and continued to do so in 2012, avoiding the exceptional losses that often follow exceptional returns.
American Banker | Nov 26, 2012
Willing sellers have pretty much replaced failed banks among targets with less than $1 billion of assets. Volume has perked up in other size classes simultaneously.