Consumer banking
Consumer banking
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Sterling Financial (STSA) said after markets closed Wednesday that its first-quarter net income rose 146% from the same period last year, to $13.3 million, due primarily to a growth in loan balances, lower funding costs and improved asset quality.
April 25 -
The social network just wants to know everything about the consumer. Payments happen to be the best way for people to show they really "like" a product.
April 25 -
Solid revenue growth and a continued decline in problem loans helped boost Trustmark's first-quarter profit by 27% over the same period last year, to $30.3 million.
April 25 -
Smaller banks are struggling to keep efficiency ratios down, forcing many bankers to look at closing more branches and laying off more employees.
April 25 -
Bank of America, Wells Fargo, JPMorgan Chase and BB&T will still be standing a decade from now, BB&T CEO Kelly King says. His list omits a number of other prominent players, including Citigroup.
April 25 -
Bank CEOs' commentary on the first quarter had it all. Some were candid about their motivations, some were more upbeat than others, and some wished the questions would stop.
April 25 -
Buoyed by stronger credit quality and higher mortgage banking income, Lakeland Financial (LKFN) of Warsaw, Ind., reported record first-quarter income of $8.6 million, up 45% from a year earlier.
April 25 -
A surge in mortgage lending combined with improved asset quality and expense control led the embattled First Mariner Bancorp in Baltimore to its first profitable quarter in more than five years for the quarter that ended March 31.
April 25 -
Cullen/Frost Bankers (CFR) in San Antonio posted record profits in the first quarter as strong deposit growth and sharply improved asset quality more than offset a declining net interest margin and a dip in fee income.
April 25 -
William Lansing, the new chief executive of credit score giant Fair Isaac, discusses his relatively weak appetite for deal-making and defends the reputation of the FICO score.
April 25 -
Twitter and Facebook audiences are tough nuts to crack, but the social media channel posing the biggest challenge to banks may be YouTube.
April 25 -
Hudson City Bancorp (HCBK) of Paramus, N.J., intends to limit its mortgage lending this year as it looks to diversify its mortgage-heavy balance sheet and improve its regulatory capital ratios.
April 25 -
Shares of Sun Bancorp (SNBC) plunged early Wednesday after the Vineland, N.J., company reported a wider-than-expected loss in the first quarter due to ongoing weakness in its loan portfolio.
April 25 -
One of the most important regulatory decisions currently facing the Consumer Financial Protection Bureau is how to define the characteristics of a "qualified mortgage." This decision will have an enormous impact on the mortgage markets, and will ultimately determine the types of mortgages generally available in the United States, and the minimum qualifications for those seeking to obtain a home loan.
April 25 -
PENSACOLA, Fla. – An incentive deal aimed at luring Pen Air FCU to the downtown Thiesen Building will forgive a $79,854 balance on a loan to the Downtown Improvement Board to help encourage the credit union’s move.
April 24 -
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EverBank Financial finally set a price for a planned $225 million capital raise after sitting on its initial public offering for half a year.
April 24 -
Several attendees of the Pittsburgh bank's annual meeting complained to CEO James Rohr that PNC does business with coal mining companies that engage in the controversial practice of mountaintop removal.
April 24 -
SAN FRANCISCO — Thousands of protesters descended upon San Francisco's financial district to protest against Wells Fargo & Co. (WFC) at the bank's annual shareholder meeting here.
April 24




