Commercial lending

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.

After nearly two years of sputtering commercial loan growth, regional bankers are counting heavily on expanding their portfolios of personal loans and other types of consumer credit.

The regional bank's net income rose 37% thanks to those factors and others.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

Randal Quarles found himself in the middle of an issue that typically doesn't fall under a banking regulator's purview.

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

Randal Quarles found himself in the middle of an issue that typically doesn't fall under a bank regulator's purview.

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin.

The Bridgeport, Conn., company said that first-quarter net income climbed 52% over the same period last year to $107.9 million.

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million.

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

Passage of a resolution blocking guidance on auto loan pricing could set a precedent that allows Congress to nullify other long-past regulatory issuances.

An SBA watchdog's investigation into chicken farms may ensnare other small businesses.

Quarterly earnings at the Minneapolis company were boosted instead by a wider net interest margin and a lower tax rate.

Banks may need to do more to help small businesses after a hurricane, flood or other calamity as those firms tend to favor nonbank lenders after an emergency for a number of reasons, according to research by four regional Federal Reserve banks.

The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up.

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

Joe Petitti and Jack Knight formerly held leadership posts at First Republic.

The Rosemont, Ill., bank rode loan growth, interest rate trends and noninterest-income gains to a double-digit increase in profits in the first quarter.