Retail & Commercial

Those in the industry say customers aren't asking for specific same-day capabilities. Could it be that they aren't asking because they are finding solutions elsewhere?

Profits at Prosperity Bancshares (PB) in Houston grew by more than a third thanks to recent acquisitions as well as organic loan growth.

Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.

Community Bank System (CBU) in Syracuse, N.Y., reported higher profits on payback from a branch acquisition and stronger credit quality.

A new survey provides further evidence that continuing declines in mortgage origination volume have motivated lenders to ease credit standards.

Discover's not worried about the increase of alternative payment companies offering hefty rewards in an attempt to cut into interchange revenue, Chairman and CEO David Nelms told investors on April 22.

Fulton Financial (FULT) in Lancaster, Pa., reported higher quarterly profit that benefited from a cost-cutting initiative.

Discover Financial Services' (DFS) earnings shrunk in the first quarter as expenses rose and the company set aside more cash for loan losses.

Trustmark (TRMK) in Jackson, Miss., reported earnings of $29 million in the first quarter, up 13% from the same period last year.

Brokers of servicing rights say the overall market remains robust, despite suggestions by Ocwen's William Erbey last week that trades had ground to a halt. Trading of seriously delinquent portfolios has slowed on concerns about increased liability.