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Everyone these days is chasing Apple and Amazon.com. But are the strengths of these brands applicable to the banking industry?
July 25
American Banker -
First Niagara Financial Group in Buffalo, N.Y., reported higher quarterly profit after increased commercial and auto lending offset an rise in spending and a decline in fee income.
July 25 -
Hancock Holding in Gulfport, Miss., reported lower quarterly earnings, primarily because of lower returns from its loan portfolio.
July 24 -
Customers Bancorp in Wyomissing, Pa., turned strong loan and deposit growth into higher profits last quarter.
July 24 -
Banner in Walla Walla, Wash., reported a big increase in second-quarter earnings thanks to its recent branch acquisitions in Oregon.
July 24 -
City National in Los Angeles reported a sharp rise in profits in the second quarter, fueled by loan growth and an increase in fee revenue.
July 24 -
Iberiabank's quarterly profits jumped due to growth in the Lafayette, La., company's loan portfolio.
July 24 -
BankUnited in Miami Lakes, Fla., reported lower quarterly profit because of rising noninterest expenses and a higher loan-loss provision.
July 24 -
Ion Bank has been using interactive teller machines, which let customers conduct video chats with tellers, for more than a year. The technology has helped some of its branches stay open for business 27 hours longer per week without overspending.
July 24 -
Community Bank of the Chesapeake in Waldorf, Md., has a new chief executive.
July 24




