Location Root Tag

Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.

Fees and loans drove up third-quarter profits at Commerce Bancshares in Kansas City, Mo.

Third-quarter profit at PNC Financial Services Group in Pittsburgh declined on a yearly basis as a higher tax rate and increased expenses ate into improved revenue in both lending and fee-based products.

California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.

A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.

West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.

Alibaba Group Holding Ltd. expects pure e-commerce operators to face ‘tremendous challenges’ as the web giant seeks to tap more growth from transforming China’s $4.5 trillion traditional retail industry.

First Republic Bank in San Francisco said Thursday that its third-quarter profit climbed 27.4% from the same period last year, to $171.8 million, thanks to double-digit gains in both interest and fee income.

The Klamath Falls, Ore.-based CU said Olney, a native of Southern Oregon, is a graduate of George Fox University and the Atkinson Graduate School of Management at Willamette University.

Bank holding companies in Alabama and Pennsylvania have changed or plan to change their names to more closely reflect the identities of their banks.

Regions Financial in Birmingham, Ala., has introduced an online consumer lending product that it uses technology developed by Avant.

Large banks are outpacing community banks in deposit gathering because new liquidity rules make deposits more valuable to the biggest banks, mobile banking has been a deposit magnet for the heavyweights, and regional and midsize players hold certain advantages over smaller rivals, too.

First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region.

Mid Penn Bank in Millersburg, Pa., is expanding its retail presence in one of the state's fastest-growing counties.

Berkshire Hills Bancorp in Pittsfield, Mass., plans to accelerate its growth in upstate New York by opening regional headquarters in Albany.

The $141 billion-asset company said in a press release Wednesday that it had appointed four managing directors to oversee designated regions for the lending group.

Bank of Commerce in Sarasota, Fla., will change hands following a bankruptcy auction.

Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy the assets and certain liabilities of a wealth management firm in Vermont.

Community bankers say that reclassifying "reciprocal deposits" as a less risky type of deposit will help them to compete with large banks. Some deposit brokers are crying foul, arguing that the proposed legislation would put them at a competitive disadvantage. Observers, meanwhile, say the bill is so narrowly written that it would hardly affect competition.

Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it.