Finance

The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

An $378 million agreement to buy Farmers Capital will allow the West Virginia company to bridge a gap between Louisville, Ky., and Huntington, W.Va.

The bank’s latest punishment would settle charges by the CFPB and the OCC; Staley did not act without integrity in trying to unmask a whistleblower.

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

As NCUA amended at 2014 regulation on capital planning and stress testing, the two-person committee also marked 24 months of operating with a vacant seat on the board, commending one another for a productive working relationship.

Investing in technology has been an important focus for banks. But big questions remain about these investments, including how best to pay for them.

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin.

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue.

The Arkansas company's revenue increased largely due to its 2017 purchase of Stonegate Bank.

Spread income offset higher expenses during the first quarter at the Maryland bank.

The Bridgeport, Conn., company said that first-quarter net income climbed 52% over the same period last year to $107.9 million.

The custody bank benefited from a wide range of economic forces in the first quarter.

The company will merge with Kentucky Federal Savings and Loan by the end of this year.

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.

Premier Financial agreed to buy First Bank of Charleston for $33 million.

Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends.

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million.

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.