John Reosti

The Green Bay, Wisconsin-based bank said the 16 lenders it's added have helped drive meaningful loan pipeline growth, and that another 10 new hires are expected by early next year.

Executives at the Boston-area mutual bank said its digital-only division's growth is accelerating, even as more banks enter the space.

The Wilmington, North Carolina, company reported a breakout quarter for loan production, but profits fell as an increase in nonperforming loans led to higher provisioning.

As new hires generate low-cost deposits and higher-yielding business loans, the New York company's net interest margin is widening. Dime executives signaled the hiring will resume in 2025.

The merged company's footprint would cover what Atlantic Union CEO John Asbury has called the golden crescent, stretching from Baltimore south to Hampton Roads.

Executives at the Alabama-based bank said the aftermath of Nov. 5 will hopefully provide a sense of certainty that coaxes companies into jump-starting their strategic plans.

Though still feeling the effects of margin compression, the Columbus, Ohio-based company reported solid growth in loans and fee income and is projecting record spread income next year.

The New York-based investment bank reported higher revenues across all business lines, with double-digit increases in wealth management and investment banking.

The Pittsburgh-based company's earnings fell 4% in the third quarter from a year ago, although noninterest income climbed 11%.

Citadel Federal Credit Union's $6.5 million deal with the Justice Department settles allegations of discriminatory lending around Philadelphia. It was the DOJ's first-ever redlining order against a credit union.

While companies trust banks and typically maintain their core relationship with small businesses, the industry's dominant position is hardly set in stone, according to a survey by American Banker.

The veteran turnaround executive was hired in 2020 to salvage the troubled banking company after the Justice Department launched a far-reaching probe of its mortgage lending practices. It agreed to sell to Florida-based EverBank.

Despite strong growth and solid profits, the Miami-based lender, formerly a business development company, still hasn't convinced the market it fits in as a bank.

New Canaan-based Bankwell's digital solution relies on software designed by Lendio to compress the application-to-funding interval and appeal to speed-conscious small-business owners.

A recent deal with a gourmet cookie franchise highlights the business that Ogden-based TAB Bank has built lending to companies other banks shy away from.

The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks

After doing "some really intensive thinking," the Buffalo-area lender said it found the partner it was looking for in the Norwich, New York-based NBT Bancorp.

Though it has yet to result in any new voters being added to the rolls, SBA is seeking to expand an initiative that has drawn the ire of congressional Republicans, who fear the effort is aimed at boosting Democratic votes.

Only two de novo banks have opened in 2024, while more than 100 launched annually prior to the 2008 financial crisis. Experts don't agree on how to solve the problem.

CEO Colin Walsh believes his company is positioned to benefit from consumers that prize the convenience of technology opting for the safety of a "real bank."