Earnings reported by southeastern banks were largely strong, although AmSouth Bancorp. was down for the quarter due to higher expenses and more money set aside for bad loans.

Birmingham, Ala.-based AmSouth earned $40.9 million, down 5% from $43 million in the year-earlier quarter. However, its per-share earnings of 70 cents came right in line with consensus estimates.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.