Retail & Commercial

Multiples are stronger in historical terms than many bankers assume, buyers' stock prices are going up and banks need to get to $25 billion of assets to thrive, says David Olson of River Branch Holdings.

SunTrust still wants to lower its efficiency ratio to 60%, but a mortgage slowdown and legal costs tied to alleged lending violations is making that goal harder to achieve.

Payment Alliance International and Iberiabank Corp. have agreed to brand ATMs in Rite Aid pharmacies in Greater Memphis.

Northeastern banks First Niagara and People's United are reluctantly cutting rates to book more loans and, in some instances, turning business away.

F.N.B. Corp. (FNB) in Hermitage, Pa., beat earnings estimates on strong net interest income.

In an advisory, the Federal Deposit Insurance Corp. urged banks to be mindful of gaps in liability coverage for director and officer lawsuits – the same lawsuits the FDIC is filing against failed-bank managers.

The New York firm has historically avoided investing in acquisition-minded banks, preferring low-key institutions with good leaders and plans for making solid loans.

Silicon Valley Bank is sponsoring workshops on both coasts to teach computer programming skills to middle school and high school students.

A newly created Louisiana state collections agency will seek to reclaim state funds given to 23 nongovernmental agencies that didn't comply with rules for using them.

First Horizon National (FHN) in Memphis swung to a big loss in the third quarter after reaching an agreement to repurchase soured loans from Fannie Mae, it announced Friday.