Earnings
Earnings
-
Most of the delinquencies and chargeoffs were in the bank’s credit card and auto loan portfolios
April 25 -
Northwest, which produced lackuster first-quarter results, said it will close all 44 offices of Northwest Consumer Discount Co. by mid-July. The unit’s loans will be transferred to Northwest’s bank for servicing and collections.
April 25 -
Growth outside of its residential mortgage business contributed to Flagstar Bank beating first-quarter earnings estimates, company executives said.
April 25 -
The results handily beat estimates as the company benefited from CEO Ellen Alemany’s ongoing effort to shed businesses and simplify operations.
April 25 -
The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007.
April 25 -
Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.
April 25 -
Double-digit gains in assets under management and administration and higher interest rates more than offset rising expenses.
April 25 -
The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.
April 25 -
The Florida company relied on loan growth and loan sales to offset higher expenses and ongoing issues in its taxi medallion lending operations.
April 25 -
Zions beat expectations on several bits of good news, but it reported about $30 million of chargeoffs tied to a single commercial borrower.
April 24 -
Quarterly earnings at the Wayzata, Minn., company fell as gains from the sale of auto loans continued to slide.
April 24 -
The California company's credit issues eased some in the first quarter, though earnings were down from a year earlier due to charges tied to cost cutting and reductions in three loan categories.
April 24 -
Fees from capital markets activities have propelled profits at several regional banks when they needed it —and just as the Glass-Steagall redux crowd wants to kill that business.
April 21 -
Strong gains in low-cost health savings account balances helped fuel loan growth at the Waterbury, Conn., company.
April 21 -
The Atlanta company's profits rose on stronger net interest income and investment banking income as well as a tax maneuver.
April 21 -
The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio, and it said its "satisfactory" CRA rating had been restored.
April 20 -
Payments volume and cross-border business helped drive the strong performance.
April 20 -
Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.
April 20 -
The "Citizens Checkup" program to help customers set financial goals has come under fire, but CEO Bruce Van Saun says it is valuable and "here to stay," and that the criticism of it pales in comparison to the Wells Fargo scandal.
April 20 -
Earnings per share fell a nickel short of estimates due in part to lower-than-expected revenue from the origination and sale of mortgages.
April 20

















