Bank stocks

Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement.

Provident Bancorp, one of the nation's oldest active banks, is setting the stage to become a fully stock-owned company.

Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.

The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.

Vernon Hill's U.K. bank sold $479 million of new stock and issued fresh details about its turnaround efforts. Those included plans to cease its controversial practice of purchasing design and branding services from a business owned by Hill's wife.

Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.

As Metro Bank’s problems mount, calls for Hill’s ouster as chairman are getting louder.

The London bank, founded by American entrepreneur Vernon Hill, has lost three-fourths of its market value since British regulators found that some of Metro’s mortgages were given the wrong risk weighting.

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.

Profitability improved significantly last year for banks with less than $2 billion of assets, but not because of anything they did. Some troubling trends lurk beneath those big gains too.