Americas

Higher-than-expected revenue growth and improved asset quality propelled Northern Trust Corp. to strong profit gains in the quarter that ended March 31.

The first quarter was another banner one for Signature Bank in New York, which reported record net income of $83.4 million, topping its 2014 first-quarter results by 26%.

Rabobank in Roseville, Calif., has agreed to sell a branch in California to Plumas Bancorp in Quincy, Calif.

TCF Financial in Wayzata, Minn., reported lower profits because of a decline in fee income and flat performance in its loan book.

Fifth Third Bancorp in Cincinnati reported higher first-quarter profit as higher fee income and lower expenses offset a decline in net interest income.

Synovus Financial in Columbus, Ga., posted higher quarterly earnings as its loan-loss provision continued to decline.

Chemical Financial has retooled its organizational structure as part of the Midland, Mich., company's succession planning.

CenterState Banks in Davenport, Fla., has agreed to buy a branch from the parent of SouthBank in Palm Beach Gardens, Fla.

M&T Bank in Buffalo, N.Y., reported an increase in its first-quarter profit on the strength of higher mortgage banking revenue, but its results fell well short of analysts’ estimates as loan growth failed to meet expectations.

SunTrust Banks in Atlanta reported higher first-quarter profit as stronger fee income and lower expenses helped offset a drop in income from lending.