Jacob Passy

Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.

Fed's Rate Hike Questioned; Banks Sever Ties with Mexico

Farmers Capital Bank in Frankfort, Ky., plans to extinguish $15 million of subordinated debt. The $1.8 billion-asset company expects to record a $4.1 million pretax gain during the first quarter from the transaction.

Randy Peterson, the chief executive of Bank of Eufaula in Oklahoma, was shot and killed on Thursday by a robber. He was 64.

Ideal Credit Union in Woodbury, Minn., has paid back more than $2 million to members through a special program since it began in 2012.

People's United Financial in Bridgeport, Conn., rode the sale of its payroll services business to a higher profit in the fourth quarter.

BankUnited in Miami Lakes, Fla., reported a double-digit percentage increase in fourth-quarter profit, citing growth in loans and fee income.

Webster Financial Corp. in Waterbury, Conn., said loan growth and higher returns from its HSA Bank subsidiary helped its fourth-quarter profit rise 4.5% year over year, to $50.6 million.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

Fifth Third Bancorp has hired insurance industry veteran Howard McClure as head of insurance services, a newly created position at the Cincinnati company.