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The U.S. Department of Agriculture expects farm profits to drop by 8% this year due to multiple factors, creating credit quality questions for ag banks.
By Jim DobbsMay 19 -
Perennial No. 1 Oregon Bancorp, which operates as Willamette Valley Bank, boasts strong sources of fee and interest income, sound underwriting and vibrant geographic markets. It’s a formula shared by many on American Banker's list of the 200 highest-performing publicly traded small banks.
By Jim DobbsMay 17 -
Click here for an overview of No. 1-10 on American Banker's annual list of the highest-performing banks with less than $2 billion of assets and a full breakdown of all the banks on the roster.
By Jim DobbsMay 17 -
Completion of U.S. Bancorp’s $8 billion acquisition of MUFG Union Bank, originally slated for June, has been pushed to the second half of 2022, the seller’s parent company says.
By Jim DobbsMay 16 -
Foes ousted Hill as leader of the divided board after the death of one of his key allies. Hill remains CEO.
By Jim DobbsMay 15 -
Banks report solid commercial and industrial loan demand, but are increasingly concerned about how soaring inflation and the specter of recession will affect their clients.
By Jim DobbsMay 12 -
Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.
By Ken McCarthyMay 5 -
The Florida bank said it would pay $173 million to buy Drummond Banking, which operates 18 branches in the northern part of the state.
By Jim DobbsMay 5 -
United Community, which bought Reliant Bancorp in Tennessee earlier this year, would deepen its presence in several Southeastern markets and expand its wealth management business with its deal for Progress Financial.
By Jim DobbsMay 4 -
Even "lifers" are considering new jobs as financial institutions bulk up to expand into new markets.
By Jim DobbsMay 3