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During third-quarter earnings calls, Bill Demchak of PNC raised concerns about stablecoins, while Jane Fraser of Citigroup pledged that there will be accountability for fixing her company's regulatory troubles and Jamie Dimon of JPMorgan Chase sounded downbeat about the Biden-era regulatory environment.
October 25 -
The Florida-based asset management firm has the low-cost deposits TriState Capital needs to fund its rapid loan growth.
By Jim DobbsOctober 21 -
At Fifth Third, Synovus and Zions, third-quarter loan growth and improved outlooks indicate that businesses are finally more open to borrowing. Industrywide data further suggests “a much hoped-for rebound” has begun, according to analysts at Piper Sandler.
By Polo RochaOctober 19 -
The company posted a 58% increase in net income, fueled by increased loan demand from both consumers and businesses, as pandemic fears ease. It expects strong GDP growth through next year.
By Jim DobbsOctober 14 -
The San Francisco bank reported a 26% increase in its third-quarter earnings, thanks to robust single-family, multifamily and commercial real estate loan activity in New York, Boston and its home city.
By Jim DobbsOctober 13 -
With net interest margins at historic lows, investors will be looking for any signs of improvement in consumer and commercial lending when banks begin reporting third-quarter results this month.
By Jim DobbsOctober 5 -
The Onondaga, New York-based buyer agreed to pay $82.8 million for Elmira Savings Bank.
By Jim DobbsOctober 4 -
Eagle said it would pay $41.3 million for First Community Bancorp. It would be the bank's fourth purchase of a Montana bank since 2018.
By Jim DobbsOctober 1 -
The companies said they are still waiting for the Federal Reserve to approve the deal, which was announced nearly a year ago and was scheduled to close by Oct. 15. The new deadline is March 1.
By Jim DobbsSeptember 30 -
The company has agreed to buy Fortune Financial, which would give it a toehold in the St. Louis area.
By Jim DobbsSeptember 30