The banking industry got an other dose of good news on Wednesday as three northeastern banking companies released strong second-quarter results.

Fleet Financial Group o Providence, R.I., netted $119 million, up 68% from a year earlier. Fleet's gain came despite a $100 million charge related to heavy mortgage prepayments amid the refinancing boom.

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.