Finance

The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey.

On Dec. 31, 2017. Dollars in thousands.

The $17 billion-asset Bank of Hawaii reported higher profits on rising interest income, even as it saw yearly declines in mortgage banking and deposit fee income, as well as losses on investment securities.

The California company, which also focuses on Asian-Americans, agreed to buy First American International.

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.

The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves.

Several banks have reported digital service outages this year, but now there’s a detailed breakdown of one of them — and it shows that the damage goes far beyond reputation.

The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years.

The regional bank's net income rose 37% thanks to those factors and others.

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.