Retail & Commercial

WASHINGTON — House lawmakers clashed this week over a bill making changes to the Consumer Financial Protection Bureau that would cap the agency's budget in coming years.

Texas Capital Bancshares in Dallas reported a higher first-quarter profit on an increase in total loans and heightened demand for refinancing home loans.

Strong organic loan growth and a recent acquisition of a small Virginia bank combined to power Eagle Bancorp to another record profit in the first quarter.

Stock Yards Bancorp in Louisville, Ky., reported much better-than-expected earnings in the first quarter one the strength of higher mortgage revenue and net interest income.

The banking company is the latest to flirt with a threshold that promises added regulatory burden. But a pause from more acquisitions should also give management a chance to brush up on deal integration before making an even larger acquisition.

The San Francisco bank has added three more young technology firms to its accelerator program, which is aimed at adapting products from outside the financial services world for creative uses in banking.

As banks have largely ceded the market for government-backed loans to nonbank lenders and servicers, it's fallen on Ginnie Mae to be sure that these nonbanks can meet their obligations to bondholders. It's a huge concern for President Ted Tozer, who says the company does not have the resources or manpower to examine these firms' finances.

First Midwest Bank in Itasca, Ill., increased profits in the first quarter thanks to higher lending income, but fell short of heightened expectations set after two major acquisitions last year.

A division of the payments firm ACI Worldwide will pay $185,000 to California authorities to resolve allegations that it violated numerous state licensing requirements.

Suffolk Bancorp in Riverhead, N.Y., posted stronger earnings in the first quarter on higher net interest income and a reduction in expenses.