Earnings
Earnings
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American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.
January 19 -
Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income.
January 19 -
Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y.
January 19 -
The New York bank weathered headwinds in its taxi-medallion portfolio to post double-digit growth in earnings and net interest income during the fourth quarter.
January 19 -
The Cleveland company also had a record quarter for its investment banking business.
January 19 -
House Republicans charge CFPB director broke federal law in effort to fire him; consulting firms total the costs and savings from technology; German chemist finds the secret behind money's aroma.
January 19 -
Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending.
January 19 -
A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue.
January 19 -
The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February.
January 18 -
Michael Corbat told analysts Tuesday that Citi will no longer report Citi Holdings, its erstwhile "bad bank," as a separate entity.
January 18 -
Andy Cecere is the new CEO-in-waiting at the Minneapolis bank, but interest in his future plans took a back seat as investors and others tried to get their heads around why the current boss, Richard Davis, is choosing to leave seven years before the typical retirement age.
January 18 -
Northern Trust’s fourth-quarter profit surged due to higher trust fees, improved credit quality and the benefit accrued to its profit margin from an increase in short-term interest rates.
January 18 -
Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.
January 18 -
The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses.
January 18 -
Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month.
January 18 -
Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted.
January 17 -
Higher lending for mortgages, construction and commercial real estate boosted Fulton Financial's profit.
January 17 -
The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.
January 17 -
Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.
January 17 -
Improved credit quality also helped compensate for flat loan growth at the Dallas bank.
January 17












