Brian Browdie

Higher costs offset revenue gains at Community Bank System (CBU) in Syracuse, N.Y., in the fourth quarter. Earnings at the $7.5 billion-asset company fell roughly 1% from a year earlier, to $18.8 million.

PNC Financial (PNC) is teaming with one of the nation's top business schools to foster innovation in the financial industry.

The nation's fourth-biggest bank by assets said Tuesday it will boost its dividend by 3 cents, to 25 cents a share, starting with the first quarter of 2013.

HSBC (HBC) has promoted the head of its American arm to the company's top executive team.

Naftali Bennett, co-founder of security firm Cyota, heads the Jewish Home Party slate in Israel's parliamentary elections.

Valley Bank in Fort Lauderdale, Fla., will get an assist from its parent after facing a capital shortfall.

Bank of America will continue to use Fiserv's electronic bill pay and presentment service through 2022.

Higher fees powered PrivateBancorp (PVTB) in Chicago in the fourth quarter. The $14.9 billion-asset company's earnings rose 163% from a year earlier, to $20 million.

FirstMerit (FMER) in Akron, Ohio, posted stronger quarterly results largely because of higher fee income and lower expenses.

Higher overhead weighed First Bancorp of Indiana down in the fourth quarter.

James Montgomery, a longtime bank executive who spent his life building financial institutions, has passed away. The 78-year-old passed away on Dec. 13 in Rancho Mirage, Calif., after suffering from health problems in recent years.

The $3 billion-asset StellarOne of Charlottesville, Va., said Friday that it will buy a branch from the $508 million-asset Village Bank and Trust (VBFC) in Midlothian, Va.

FNB United (FNBN) in Asheboro, N.C., has created a commercial real estate group at one of its banks.

The Federal Reserve Board has terminated a written agreement with Blue Valley Ban Corp. in Overland Park, Kan.

The $1.4 billion-asset company said Friday that it has reactivated its buyback program, while increasing the number of shares eligible for repurchase to 5% of outstanding common stock.

First Horizon National (FHN) posted stronger quarterly results after reducing costs.

Bank Mutual (BKMU) in Milwaukee reported an increase in fourth-quarter earnings because of loan sales and service fees.

A rise in fees and loans propelled People's United Financial in the fourth quarter. The $30.3 billion-asset company said Thursday that earnings rose 44% from a year earlier, to $61.2 million.

U.S. Bancorp (USB) has promoted an executive to lead its operations in the Grand Canyon State.

DDoS mitigation services provider Prolexic provides numbers around the cyberattacks banks experienced in the fourth quarter of 2012.