Cole Taylor Financial Group Inc. last week reported a 50% jump in second-quarter earnings and outlined how it is spinning off its bank and mortgage companies.

Cole Taylor earned $8.1 million during the quarter ended June 30, up from $5.4 million the year before. For the first six months, it earned $14.9 million, an increase from $10.3 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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