Want unlimited access to top ideas and insights?
For loan sales in the fourth quarter of 2024, the 10 biggest winners saw an average net gain on the sale of
The biggest winner, U.S. Bank, had a net loss of $90 million in the three months ended Dec. 31, while
Read more about the biggest winners and losers on fourth-quarter
Source: S&P
Losers
| Ranking | Company | Total Assets($B) | Net gains/loss on sale of loans and leases Q4 2024 ($M) | Net gains/loss on sale of loans and leases 2024 ($M) | Net gains/loss on sale of loans and leases 2023 ($M) |
|---|---|---|---|---|---|
| 10 | Amerant Bank | 9.9 | -10.9 | -8.8 | -42 |
| 9 | SoFi | 36.25 | -16.1 | 46 | 377.3 |
| 8 | NexBank | 14.37 | -24.2 | -2.6 | 2.5 |
| 7 | Cross River Bank | 8.33 | -24.3 | -143.8 | -7.5 |
| 6 | Washington Trust | -6.94 | -60.80 | -54.3 | 3.2 |
| 5 | Western Alliance Bank | 80.93 | -63.3 | 36.8 | -79.6 |
| 4 | Citibank | 2,352.95 | -64 | 55 | -150 |
| 3 | Goldman Sachs | 1,675.97 | -69 | -344 | -712 |
| 2 | HomeStreet Bank | 8.12 | -85 | -76.9 | 9.3 |
| 1 | TD Bank | 540.34 | -908.2 | -898.3 | 8.5 |
Winners
| Ranking | Company | Total Assets($B) | Net gains/loss on sale of loans and leases Q4 2024 ($M) | Net gains/loss on sale of loans and leases 2024 ($M) | Net gains/loss on sale of loans and leases 2023 ($M) |
|---|---|---|---|---|---|
| 10 | Luminate Bank | 0.34 | 34.3 | 126.6 | 104.6 |
| 9 | KeyBank | 187.18 | 39.9 | 141.3 | 155.6 |
| 8 | The Federal Savings Bank | 1.18 | 41.8 | 157.1 | 135.1 |
| 7 | Wells Fargo | 1,929.85 | 43 | 189 | 216 |
| 6 | Huntington Bank | 204.23 | 44.7 | 151.2 | 139.8 |
| 5 | Morgan Stanley | 1,215.07 | 45 | 10 | -25 |
| 4 | PNC Bank | 560.05 | 59.3 | 133.1 | 153.3 |
| 3 | Square | 0.93 | 60.6 | 244.3 | 214.3 |
| 2 | Hilltop Securities | 16.27 | 72.1 | 298.8 | 274 |
| 1 | U.S. Bank | 678.32 | 90 | 288 | 237 |
Losers










Winners










-
The Federal Trade Commission has ended enforcement of disparate-impact claims under federal antidiscrimination law, aligning with the stance taken by other federal agencies during the Trump era.
52m ago -
Berger Financial Group plans to more than double its footprint and staff, and Investcorp is looking at more opportunities beyond supporting Berger in the "untapped" wealth space.
1h ago -
The federal agency has denied the Dutch neobank's de novo bank charter application, citing "significant supervisory and compliance concerns."
2h ago -
Gateway Bank, which has narrowed its losses under new CEO Mukhtar Ali, hired a team of residential-construction lenders to speed its return to profitability.
2h ago -
The core provider is conducting a review of its offerings after a 21% decrease in earnings per share and a drop in revenue from its core banking sector.
2h ago -
Near-term expectations for price growth fell in the latest consumer sentiment survey from the Federal Reserve Bank of New York, but remains above the central bank's target across all time horizons.
3h ago









