Retail & Commercial

Texas Capital Bancshares (TCBI) is planning to sell 1.25 million shares of common stock in a public offering.

ServisFirst Bancshares in Birmingham, Ala., has launched a health care banking division.

BancorpSouth (BXS) in Tupelo, Miss., is making to most out of its return to bank acquisitions.

Wells Fargo, U.S. Bank, Regions and Fifth Third have all dropped out of the deposit advance business after federal regulators imposed new restrictions on the products, which are similar to payday loans. American Banker editors discuss the implications for banks, for the nonbank payday lenders who are facing regulation from other entities, and from the customers who may look elsewhere for alternative sources of short-term credit.

Banks have long struggled to migrate financial relationships onto mobile devices and to attract the underserved. Carriers like T-Mobile, on the other hand, come into the market with a distinct advantage.

Leading indicators are still so-so, but normally bearish U.S. Bancorp CEO Richard Davis predicts more loan demand in the second half based on his conversations with customers, who he says want to "get things moving."

The investigation's nickname is "Operation Choke Point," and that seems appropriate, because a noose appears to be tightening around the necks of banks that have ties to online payday lenders.

Cardinal Financial Corp. (CFNL) in McLean, Va., reported a sharp drop in quarterly profits as mortgage banking revenue plummeted.

A Michigan woman charged with embezzling $135,000 from collection agency Mid-Michigan Collection Bureau, where she was employed, received a sentence of one year in jail and an order to pay restitution, Clinton County (Mich.) Circuit Court Judge Michelle Rick announced this week.

Univest Corp. of Pennsylvania (UVSP) in Souderton reported lower fourth-quarter profit after an acquisition led to higher expenses.