Consumer groups are still angry over the Consumer Financial Protection Bureau's decision to revise a rule on credit card fees in light of a recent court ruling. But others say it was a smart play for an agency that must pick its battles.

WSFS Financial (WSFS) in Wilmington, Del., has been using its excess capital to open new branches, hire lenders and beef up its wealth management operations, but Chief Executive Mark Turner assured investors and analysts Friday that repaying the $53 million it received from the Troubled Asset Relief Program remains a priority.

After experiencing resounding rejections of their executive compensation plans in "Say on Pay" votes in 2011, four community banks — Umpqua, Lakeland Financial, The First of Long Island and Chemical Financial — got busy implementing innovating pay policies.

First Banks of Clayton, Mo., said Friday that it has called off its plan to sell its Florida branch network to an unnamed bank after the two sides could not come to terms on a deal.

The Houston bank's four deals since September would not slow it down if it sees another good M&A opportunity, David Zalman says. Proxy filing details how it courted American State Financial.

"White paper" by Hawke and Litan says institutions do not get the same "value" out of their exams following the crisis as they did before the crisis.

The Consumer Financial Protection Bureau is working to finalize the definition of a Qualified Mortgage under the forthcoming ability-to-pay regulations. These regulations will have profound implications for the entire U.S. residential mortgage market.

A coalition of 23 banking industry trade groups urged the Consumer Financial Protection Bureau on Friday to adopt a safe harbor protection from lawsuits for lenders that originate qualified mortgages when the bureau issues a final rule this year.

Christopher Whalen at Tangent Capital is concerned about a component of the initial public offering that lets some existing investors sell their stock.

First Financial Bancorp (FFBC) in Cincinnati is planning to close 10 of its branches in a move it says will reduce its annual overhead by about $2.3 million.

The 31 banks that disclosed their sales price in 2012 fetched a median price equal to 116% of their tangible book, up from a median price of 94% of tangible book in the fourth quarter and 108% a year earlier, SNL said.

As it expands its U.S. branches, Toronto-Dominion is hoping to sell more products to existing customers and to emulate its cross-selling success in its home country of Canada.

Proxy advisory firms want shareholders to reject compensation plans at three banks' meetings the week of April 29: Sterling Bancorp, Sandy Spring Bancorp and Orrstown Financial. Investors have voted against pay at a handful of banks this year, but these meetings could show if a trend is brewing.

UnionBanCal reported that first-quarter net income totaled $195 million, down 17% from a year earlier, as fee income declined and it recorded a smaller gain from the reversal of its provision for credit losses.

Prosperity Bancshares in Houston reported first quarter earnings of $36.5 million, up 7.7% from a year earlier as net interest income increased and already low credit costs fell further.

Thinly traded First Trust Bank was a popular stock with investors early Friday after rumors circulated that the Charlotte community bank could soon be acquired.

Investors Bancorp (ISBC) in Short Hills, N.J., reported a profit of $18.9 million in the quarter that ended March 31, up about 4% from the same period last year, as an acquisition and continued organic growth helped boost earning assets.

Hancock Holding's (HBHC) shares tumbled Friday morning after the Gulfport, Miss., company reported that its first-quarter earnings fell short of expectations as its allowance for loan losses rose.

The Consumer Financial Protection Bureau has extended the comment period until June 29 for its public inquiry into overdraft practices.

Calling it a "milestone in its global growth," Silicon Valley Bank announced late Thursday that it has received permission from British banking authorities to open a full-service banking office in London.