Retail & Commercial

Investors, which recently agreed to buy Marathon Bank, reported gains in the second quarter from its Brooklyn Federal acquisition and lending.

Another earnings crunch is coming and bank valuations will sink further. That means selling now is the smart move for hundreds of institutions, says Kamal Mustafa, who stress-tests banks and formerly headed M&A at Citibank.

Shares of United Community Banks Inc. fell sharply Thursday morning after the Blairsville, Ga., company reported earnings that came in well short of analysts' estimates.

The National Credit Union Administration announced Thursday it is creating an office to examine the nation's largest credit unions — the four with assets of over $10 billion, as well as the corporate credit unions — as part of a reorganization of its examinations process.

EverBank Financial (EVER) in Jacksonville, Fla., reported strong loan growth in its first quarter as a publicly traded company but expenses related to organic growth, recent acquisitions and a nationwide marketing campaign dragged down its overall earnings.

Fueled by growth in transfer activity and a large boost in the number of agent locations globally, the Funds Transfer unit at MoneyGram International reported a sizeable boost in second-quarter revenue, though the company also experienced a decline in bill-payment income.

When data security vendor Trustwave introduced its newest software, the mission was fairly clear — help merchants keep abreast of Payment Card Industry data security requirements.

A combination of a lower loan-loss provision and higher noninterest income contributed to improved profits at Texas Capital Bancshares (TCBI) in Dallas.

A BankThink post on the snail’s pace of payments sparks a discussion of how red tape stops financial institutions from leveraging social media. Have banks hit a social media stalemate?