Americas

Dollar Bank in Pittsburgh has named James McQuade its CEO-in-waiting. McQuade will succeed Robert Oeler on Nov. 1 as president of the $7.2 billion-asset mutual thrift, and then will become CEO some time next year, when Oeler retires from that position.

Communities First Financial in Fresno, Calif., has a new chief executive.

Investar Holding in Baton Rouge, La., has made a series of changes to its executive ranks.

Acquisitions would seem to be a logical course of action for regional banks struggling to cut costs and boost revenues in the low interest rate environment, but some bank chief executives are less open to the idea than others as comments by the heads of First Horizon and SunTrust demonstrate.

Associated Banc-Corp in Green Bay, Wis., posted lower third-quarter profit, citing lower yields on earning assets.

BofI Holding in San Diego is poised to end a tumultuous week, after a lawsuit accusing it of lax controls sent investors scurrying.

Webster Financial in Waterbury, Conn., reported a higher third-quarter profit on growth in deposit and loan fees related to its acquisition of health savings accounts.

Comerica in Dallas reported lower third-quarter profit that reflected higher expenses. The $71 billion-asset company said in a press release Friday that its net income fell 12% from a year earlier, to $134 million, or 74 cents a share.

First Horizon National Corp. reported a sharp increase in its third-quarter profit as an increase in average loans, lower overhead and a decrease in income tax payments helped to offset a 9% decline in total revenue.

SunTrust Banks in Atlanta reported a lower third-quarter profit, citing negative effects from the low interest rate environment.