-
Abington Bancorp Inc. in Jenkintown, Pa., has settled a shareholder lawsuit alleging that officers and directors had breached their fiduciary duty when they agreed to sell the company to Susquehanna Bancshares Inc. for $273 million in stock.
April 28 -
Iberiabank Corp. in Lafayette, La., reported Tuesday that first-quarter earnings rose 12.6% from a year earlier, to $14.6 million, despite $1 million in acquisition costs.
April 27 -
Cullen/Frost Bankers Inc. in San Antonio said Wednesday that first-quarter earnings rose 8.6% from a year earlier, to $52 million.
April 27 -
Sterling Bancorp said the Treasury Department has approved its exit from the Troubled Asset Relief Program. On Wednesday Sterling redeemed all $42 million of preferred stock tied to Tarp.
April 27 -
First Financial Bankshares Inc. in Abilene, Texas, is planning a three-for-two split of its common stock. The $3.83 billion-asset company said the split will take the form of a 50% stock dividend, which it will distribute on June 1 to shareholders of record on May 15.
April 27 -
Put two ailing banks together and conventional wisdom dictates you might have twice the problems. You might also have a very attractive target for private equity.
April 27 -
Sterling Bancorp in New York reported Tuesday that first-quarter earnings rose 71% from a year earlier, to $3.3 million. The $2.39 billion-asset company's loan-loss provision was halved from the first quarter of 2010, to $3 million.
April 26 -
BancorpSouth Inc. in Tupelo, Miss., reported a first-quarter loss because of higher credit costs and a decline in mortgage-related revenue.
April 26 -
Vensure Federal Credit Union in Mesa, Ariz., taken under conservatorship by the National Credit Union Administration two weeks ago, claimed that the NCUA knew all along that it was processing online bets for the two biggest poker websites.
April 26 -
UMB Financial Corp. in Kansas City, Mo. reported earnings of $30.9 million in the first quarter, up 17.9% from a year ago, as noninterest income soared following the acquisition of two advisory firms last year.
April 26 -
Fueled by strong loan growth and record deposit growth, Signature Bank in New York is coming off its most-profitable quarter in its 10-year history.
April 26 -
Shares of Wilshire Bancorp plunged early Tuesday after the Los Angeles company announced that it lost $52.1 million, or $1.77 per share, in the first quarter.
April 26 -
Building on its strong second half of 2010, PrivateBancorp in Chicago started 2011 with its third straight profitable quarter.
April 26 -
Great Falls Teachers Federal Credit Union in Montana on Monday said it is offering a new payday loan that offers up to $500 regardless of credit history.
April 25 -
First Michigan Bancorp has changed the name of its bank to reflect its growing geography across the Midwest. The company on Monday said it had renamed the unit Talmer Bank and Trust.
April 25 -
First-quarter earnings at SVB Financial Group in Santa Clara, Calif., nearly doubled from a year earlier, to $33 million, largely because of a release of loan-loss reserves.
April 25 -
Alliance Data Systems Corp. is expanding its Epsilon marketing business through a $345 million acquisition after the unit suffered a large data breach last month.
April 25 -
Unsuccessful in its efforts to raise fresh capital and already operating under multiple enforcement orders, embattled Mercantile Bancorp could be on the verge of failure.
April 25 -
After making two major acquisitions in as many months, Community Bancorp LLC says it's in no hurry to spend the rest of its war chest.
April 25 -
For the first time in three years, the three banks of Western Alliance Bancorporation in Phoenix all turned a profit in the first quarter.
April 25





