Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey.
Nearly a third of NBT Bancorp's revenue comes from fee businesses, though it took patience, several acquisitions and a tolerance for added regulation to get there.
The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years.
Investing in technology has been an important focus for banks. But big questions remain about these investments, including how best to pay for them.
Sussex Bancorp, which recently completed its first whole-bank acquisition, is rebranding itself as SB One Bancorp.
BancorpSouth, which had two prior deals delayed over BSA and CRA issues, has agreed to buy a bank in the Houston area.
The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.
The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.
Gary Shook, who led Middleburg Financial before its sale to Access National, has become president of Blue Ridge's bank.
Banks have been hanging on to problem loans for various reasons, but that could create headaches when credit inevitably worsens.