Consumer banking
Consumer banking
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Bank Mutual Corp. in Milwaukee reported a loss of $51.4 million for the second quarter, largely stemming from a $52.6 million goodwill impairment charge.
July 22 -
In blunt comments about cost control, William H. Rogers Jr. showed that he is trying to manage expectations as the new chief executive of SunTrust Banks Inc.
July 22 -
First Niagara Financial Group and M&T Bank are playing it cool on whether they plan to bid for HSBC's branches in upstate New York — but they aren't discouraging speculation, either.
July 22 -
Southside Bancshares Inc. of Tyler, Texas, said that its second-quarter profits rose 18% from same period a year earlier, to $11.5 million, and that earnings per share increased 19.6%, to 67 cents.
July 22 -
Many financial institutions have yet to complete applications to be included in the national registry, exposing themselves to potential sanctions following the July 29 deadline.
July 22 -
With loan demand still weak in many areas of the country, more and more bankers are starting to believe that their banks will need to merge with other institutions to achieve meaningful growth.
July 22 -
Analysts at Sandler O'Neill & Partners have raised earnings estimates for City National Corp. after the Los Angeles company reported strong second-quarter earnings growth that was aided by improved asset quality and "promising" gains in its commercial-and-industrial loan portfolio.
July 22 -
The $22 billion-asset company reported net income available to shareholders of $25.6 million, compared to $15.4 million in the first quarter and a net loss of $10.2 million a year earlier.
July 22 -
Aided by improved credit quality and strong loan and deposit growth, Prosperity Bancshares Inc. in Houston reported earnings of $35.1 million in the second quarter, up 10.5% from the same quarter in 2010.
July 22 -
MB Financial Inc., which took an aggressive stance on its credit by purging bad loans, reported a $10 million net loss available for shareholders during the second quarter.
July 22 -
Despite having negative equity, Albina Community Bancorp in Portland, Ore., managed to turn a profit for a second quarter in a row.
July 22 -
Last month, Hancock closed its all-stock takeover of Whitney in a deal valued at $1.3 billion.
July 22 -
SunTrust Banks Inc.'s second-quarter earnings soared as the amount the regional bank set aside to cover potential souring loans continued to abate and revenue edged up.
July 22 -
ROCKVILLE, Md. – National Institutes Of Health FCU, which serves the biomedical industry, opened a new branch in nearby Washington, D.C., during last month’s 2011 BIO International Convention.
July 21 -
MADISON, Wis. – University of Wisconsin CU purchased a building housing a Borders bookstore, which is being liquidated starting today, where it plans to build a new branch.
July 21 -
WASHINGTON — House Republicans celebrated the Consumer Financial Protection Bureau's first day by advancing a bill that would dilute the bureau's authority.
July 21 -
Recent articles assert that banks will benefit if a director is confirmed for the Consumer Financial Protection Bureau. That's wrong.
July 21 -
New report from the Federal Reserve estimates the cost to consumers last year for using government prepaid cards.
July 21 -
TCF Financial Corp. in Wayzata, Minn., reported earnings of $29.8 million in the second quarter, down 33% from a year earlier, as the company grapples with ways to replace fee income.
July 21 -
SVB Financial Group said Thursday that its second quarter earnings more than tripled what it made a year earlier, to $65.8 million.
July 21




