Consumer banking
Consumer banking
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Simmons First National (SFNC) of Pine Bluff, Ark., reported a first-quarter profit of $6.4 million, up roughly 25% from a year earlier as its loan-loss provision fell.
April 19 -
Capital One Financial Corp.'s (COF) first-quarter profit rose 38% as an acquisition-related bargain purchase gain boosted the bank's bottom-line results and net charge-offs improved.
April 19 -
The uptick in KeyCorp's set-aside for bad loans was unsurprising considering it had reported credits in some recent quarters, CEO Beth Mooney says. She emphasized declining chargeoffs and a focus on niche lending.
April 19 -
First-quarter results made a convincing case that B of A's core businesses are firming up, even as baggage from the financial crisis continued to weigh on the company.
April 19 -
Patrice Ficklin, the CFPB's assistant director for fair lending, provided a glimpse into the bureau's fair lending work at a housing conference in Washington Wednesday.
April 19 -
The MBA head and former FHA commissioner talks about the biggest issues facing the mortgage industry.
April 19 -
Before the financial crisis, having a 1% ratio of nonperforming assets to total assets was the baseline between good and bad banks. In the new normal, breaking that glass bottom appears to be the new goal for greatness.
April 19 -
Particularly vexing is one banks requirement that cardholders sign up for a payment protection service before receiving materials describing it. Hawaii deserves praise for protecting residents from these questionable practices.
April 19 -
Comptroller of the Currency Thomas Curry on Thursday urged eligible borrowers to sign up for the OCC's foreclosure-review process, and suggested that homeowners who didn't like the results would still be able to sue their mortgage servicers later.
April 19 -
TCF Financial (TCB) reported its first quarterly loss in 17 years Thursday after it restructured its balance sheet to eliminate high-cost debt.
April 19 -
One of the most aggressive bank acquirers in the Southeast has brought in a longtime community banker to help it identify future deals.
April 19 -
First Niagara Financial Group's (FNFG) first-quarter profit rose, as the bank boosted its commercial lending and picked up more checking account customers.
April 19 -
A Federal Reserve rule has sown confusion about the way lenders pay housing appraisers, creating new turmoil in an industry already burdened by expensive middlemen, falling home prices and diminished ranks.
April 19 -
The $4.7 billion-asset parent of Cole Taylor Bank swung to a $7.7 million profit in the first quarter from a $2 million loss in the same period last year, thanks largely to a surge in mortgage lending.
April 19 -
BB&T has dedicated more resources to courting big borrowers, and its expansion in Texas via M&A is paying off, CEO Kelly King says.
April 19 -
OMG, earnings season is a rough time, but Richard Davis, the Minneapolis bank's CEO, borrows from the teenage lexicon to lighten the mood.
April 19 -
Small-business lending may be heating up for the most creditworthy borrowers, but gaps in that market remain, according to Small Business Administration head Karen Mills.
April 19 -
Fueled by acquisitions and strong organic loan growth, People's United Financial (PBCT) in Bridgeport, Conn., said Thursday that it earned $58.8 million in the first quarter, up 36% from the same quarter in 2011.
April 19 - WIB PH
Sallie Krawcheck has had no trouble staying busy since leaving Bank of America. She recently joined the advisory board of Gold Bullion International and is on her way to growing a vast Twitter following.
April 19 -
First Horizon National in Memphis said Thursday that its first-quarter profit fell l3% from the same period in 2011, to $30.5 million, as improvement in its banking and capital markets units could not offset steep losses in its defunct mortgage operations.
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