Jacksonville Bancorp is preparing to offer shareholders the right to buy $5 million of stock. The $565 million-asset company said Friday that it will give shareholders the right to buy stock for 50 cents a share, the same pricing of a $50 million private placement in that concluded last December.

Hancock Holding in Gulfport, Miss., has raised the ire of analysts and investors in an unusual way — by unveiling a plan to cut costs over the next two years.

Provident Financial Services (PFS) in Iselin, N.J., reported lower quarterly earnings as margins tightened and noninterest income fell.

New York's governor is asking credit agencies to reset any scores they have already lowered and flag information that could damage storm victims' scores.

Central Pacific Financial (CPF) in Honolulu reported a jump in first-quarter profit as its asset quality improved and it recorded a tax benefit worth nearly $120 million.

Iberiabank (IBKC) in Lafayette, La., eked out a profit in the first quarter despite a series of large charges. The $12.9 billion-asset company earned $697,000, compared with $19.4 million a year earlier.

Rising revenue propelled first-quarter results at Sterling Bancorp (STL) in New York. Earnings at the $2.8 billion-asset company rose 13% from a year earlier, to $5.3 million, or 17 cents a share.

Disappointments, turnarounds and shocking comments -- banks offered plenty of them in their first-quarter results and executive conference calls.

People — and payment companies — are starting to take Bitcoin seriously.The decentralized virtual currency is overcoming its stigma as a fringe currency for illegal transactions and is stirring up consumer scrutiny of the practices of large payment providers. The payments industry is changing rapidly, but today the movement isn't about payments — it's about data.

RALEIGH, N.C. – State Employees’ CU has signed with Wincor Nixdorf to provide a variety of multi-vendor software solutions to manage its 1,100 cash machines, the biggest fleet of any credit union.

The chief credit officer of SVB Financial Group (SIVB) in Santa Clara, Calif., is moving to China.

Dime Community Bancshares (DCOM) in Brooklyn, N.Y., reported a small increase in quarterly profit.

The Financial Stability Oversight Council on Thursday identified several significant areas of concern, including operational risks like cybersecurity, overreliance on wholesale funding, and the impact of low interest-rates.

Facing strict new guidelines on deposit-advance loans, banks must now decide if it's worth their while to offer short-term credit to cash-strapped borrowers.

The Federal Reserve Board has hit two Midwest banks — Freedom Bank in Tulsa, Okla., and Freedom Bancorp. in Lindstrom, Minn. — with enforcement orders.

Jim Rohr says cybersecurity is one of the biggest issues banks face. The frequent distributed denial-of-service-attacks on banks' web servers that have occurred since September are doing more than disrupting service.

Triumph Bancorp in Dallas was on the hunt for a cheaper and more stable deposit base and found it in National Bancshares, an Iowa company that needed common equity.

Mark Jamison of Capital One envisions a future in which financial services companies mimic Apple and other tech giants, turning bureaucracies into plug-and-play digital platforms.

TowneBank (TOWN) in Suffolk, Va., reported record quarterly profit driven by mortgage-banking and insurance revenue.

Citigroup hopes to capture a larger share of the home loan market by helping borrowers use the outstanding balance of existing accounts to reduce the interest paid over the life of their loan.