Finance

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

Results were also aided by strong growth in residential construction, commercial and equipment financing.

American Express Co., long known to issue cards that had to be paid off in full every month, now wants its customers to take their time paying it back.

A sharp decline in capital markets fees at the Minneapolis company shows tepid loan growth is not the only side effect of tax reform at banks. How hard will it be to bounce back?

Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.

Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

Quarterly earnings at the Minneapolis company were boosted instead by a wider net interest margin and a lower tax rate.

The Senate is expected to pass a bill that would ax controversial guidance on loans at car dealerships; lower tax rate may have skewed year-on-year comparisons.

An increase in total loans and a lower tax rate helped the Mississippi company offset revenue it lost after selling a consumer finance business.