Earnings
Earnings
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Loan and fee income rose at the Los Angeles bank, which also jettisoned nearly $160 million of health care cash-flow loans.
July 18 -
The Dallas company is in the middle of a dramatic turnaround after scaling back on energy loans and slashing expenses. Still, followers of the company seek assurances that the discipline will endure.
July 18 -
The Georgia company made more loans and controlled costs. As a result, it had a 1% return on assets and an efficiency ratio below 60%.
July 18 -
A yearlong effort to slash costs boosted profits at the Dallas company.
July 18 -
Former Visa CEO replaces Gerald Hassell; Acting Comptroller Noreika asks Cordray to delay rule that makes it easier for consumers to sue banks.
July 18 -
Bank of America Corp.’s expected bonanza from rising interest rates has stalled.
July 18 -
Investors blame Washington gridlock, lowered expectations for price drop; Wells Fargo looks to narrow its focus as it jettisons some units.
July 17 -
The bank's Costco card portfolio boosted profits (again), as did internal growth from store-branded cards from Home Depot and Best Buy. Citi’s card business is avoiding — for now — the pain in the retail sector.
July 14 -
Expenses also rose, as well as the provision for loan losses, but credit quality remained spotless at the lender to the wealthy.
July 14 -
On the first big day of 2Q results, bankers said their investments in middle-market lending have started paying off. JPMorgan Chase and PNC have added commercial loan officers in new markets across the country.
July 14