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.
Higher noninterest expenses and lower net interest income drove down Bank of Hawaii's quarterly earnings.
E-Trade Financial's (ETFC) shares plummeted Friday after the company reported a $28.6 million loss for the third quarter as its provision for loan loss rose and revenue declined.
Elavon and Banco Santander have expanded their existing relationship by agreeing to establish a payment services joint venture together in Spain.
Beneficial Mutual Bancorp (BNCL) in Philadelphia will separate the position of chairman from those of president and chief executive.
TCF Financial (TCB) in Wayzata, Minn., has delayed the release of its third-quarter results to give itself more time to review how it will implement regulatory guidance on consumer loans subject to bankruptcy discharge.
Associated Banc-Corp (ASBC) in Green Bay, Wis., reported that its third-quarter income increased 32% from a year earlier, to $45 million.
KCB Bank in Kearney, Mo., a unit of Bancshares of Missouri, filed an application this month with the Federal Reserve to assume the assets and liabilities of the $38 million-asset Northland National Bank in Gladstone, Mo.
RBS Citizens Financial Group has hired JPMorgan Chase executive Michael J. Cleary to head its U.S. distribution for consumer banking.
Strong mortgage banking revenue boosted third-quarter earnings at Umpqua Holdings (UMPQ) by almost 15% from a year earlier, to $25 million.
American State Bancshares in Great Bend, Kan., has taken a small step towards its goal of becoming a $1 billion-asset company.
Shares for M&T Bank Corp. (MTB) rose Wednesday after the Buffalo, N.Y., company reported that third-quarter income climbed 66%, to $273.9 million, from a year earlier.
Third-quarter earnings rose more than 19% at Comerica (CMA) in Dallas from a year ago but fell short of expectations.
Third-quarter earnings at Taylor Capital Group (TAYC) more than doubled to $15 million from last year as mortgage banking revenue continued to soar.
Sterling Financial in Spokane, Wash., said that two lawsuits filed over its bank's overdraft fees have been dismissed.
Park National (PRK) in Newark, Ohio, warned that a loan chargeoff may lower earnings per share for the third quarter by as much as 41%.
BofI Holding (BOFI) in San Diego plans to raise $18.6 million through a private placement of preferred stock.
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., posted third-quarter profit of $5.5 million, up more than 14% from a year earlier as nonperforming assets and noninterest expenses declined.
River City Bank in Sacramento, Calif., has named a payments-technology veteran to its board of directors.
Fast-growing State Bank and Trust in Macon, Ga., has purchased substantially all of the assets of Altera Payroll, a payroll services company, to diversify its revenue stream.
Gresham Computing has released a new version of its Clareti Transaction Control platform.
