Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
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A small Florida bank whose shares are so thinly traded that they are in danger of being delisted is suddenly one of the hottest stocks on the Nasdaq — and its president has no idea why.
By Alan KlineMarch 29 -
Zions Bancorporation (ZION) in Salt Lake City said Thursday that its first-quarter earnings will be reduced by roughly 11 cents per share as a result of its repayment of $700 million to the Troubled Asset Relief Program.
By Alan KlineMarch 29 -
Capitol Bancorp's losses narrowed in 2011, but the Lansing, Mich., company remains deeply troubled as its equity deficit continues to widen.
By Alan KlineMarch 29 -
The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.
By Alan KlineMarch 29 -
Coming off two straight profitable quarters and flush with capital from its recent public stock offering, HomeStreet Bank (HMST) in Seattle is back in the good graces of its regulators.
By Alan KlineMarch 28 -
Three years after shutting down its indirect automobile lending unit because it lacked scale, First Niagara Financial Group (FNFG) in Buffalo is jumping back into the business in a big way.
By Alan KlineMarch 28 -
Continuing its expansion in the suburbs of Washington, D.C., Eagle Bancorp (EGBN) in Bethesda, Md., has opened a pair of residential loan offices in Maryland and Virginia.
By Alan KlineMarch 28 -
Tompkins Financial in Ithaca, N.Y., is planning to raise $30 million in a secondary stock offering and may use the proceeds to redeem securities issued to VIST Financial through the Treasury Department's Troubled Asset Relief Program.
By Alan KlineMarch 27 -
CenterState Banks (CSFL) in Davenport, Fla.., is looking to slim down after spending much of the last three years bulking up through acquisitions.
By Alan KlineMarch 27 -
Capital Bank Financial, a Miami company formed two years ago to buy distressed banks in the Southeast, has struck a deal to acquire Southern Community Financial (SCMF) in Winston-Salem, N.C., for $48.4 million.
By Alan KlineMarch 27 -
An institutional investor at Broadway Financial (BYFC) has agreed to swap its preferred shares for common stock to help the Los Angeles company attract more capital.
By Alan KlineMarch 26 -
Most marketing executives at Wall Street firms believe that new regulations governing the financial services industry will go a long way toward helping banks, brokerage houses and investment banks improve their reputations.
By Alan KlineMarch 26 -
The only chief financial officer in Associated Banc-Corp's history is stepping down later this year after 39 years with the Green Bay, Wis., Company.
By Alan KlineMarch 26 -
A Kansas City, Mo., asset management firm that until last summer was partially owned by JPMorgan Chase & Co. quietly won a large breach-of-contract judgment last year against the New York bank, according to court documents unsealed this week.
By Alan KlineMarch 23 -
Unsuccessful in its bid to raise capital and recently ordered by regulators to bolster its loan-loss allowance, Fidelity Bank in Dearborn, Mich., is now critically undercapitalized and has told investors that is in danger of failing.
By Alan KlineMarch 22 -
BancTrust Financial Group Inc. (BTFG) in Mobile, Ala., has put itself up for sale after its bid to raise capital from two private-equity groups fell through.
By Alan KlineMarch 22 -
A Michigan bank that recently endured three straight years of losing money and a Seattle thrift that was once on the verge of failure are among 22 banks and thrifts that the investment bank Sandler O'Neill & Partners LP predicts will be added to the Russell 3000 stock index this year.
By Alan KlineMarch 21 -
Rurban Financial Corp. in Defiance, Ohio, has revised its 2011 earnings after the abrupt bankruptcy of a key client wound up wiping out much of the company's fourth-quarter profits.
By Alan KlineMarch 21 -
Trading revenues at commercial banks fell sharply in the fourth quarter as concerns about sovereign debt and economic uncertainty in Europe kept many banks and their clients on the sidelines.
By Alan KlineMarch 20 -
Bridge Capital Holdings Inc. in San Jose is opening a third loan office on the East Coast to lend to emerging technology companies.
By Alan KlineMarch 20
