Finance

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

The Missouri company reported strong loan growth that also reflected a spike in factoring activity.

The Florida company is also set to enter Alabama as part of the $360 million purchase.

The company agreed to buy Landmark Bancshare in Marietta, Ga., for $115 million.

Double-digit gains in the bank's two largest loan categories offset declines in commercial and home loans.

Its decision to hire a consultant to trim expenses highlights the difficulty regionals face in making long-term technology investments in a low-growth era.

The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off.

AssetMark Trust plans to offer a product for the $1 billion in cash it holds for clients.

CIT took a $22 million hit on a business loan, and overall loan growth was tepid.

The Seattle company has faced criticism from an investor over its commitment to the business, which lost money in the first quarter.