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With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
January 29 -
The banking trade group confirmed that it has run a formal bidding process to find a partner.
January 27 -
TCF Financial executives are considering pulling back from selling auto loans, following a sharp decline in gains during the fourth quarter.
January 27 -
Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.
January 27 -
The New York company may struggle with profitability as it decides whether to find a new buyer.
January 26 -
Having a bank loan officer authorized to also cross-sell securities is like holding a burning candle at both ends. Sooner or later the bank will get burned.
January 26Barnes Walker -
Even with some energy firms still struggling, bankers seemed confident that the Texas economy would remain one of the nation’s strongest in 2017.
January 25 -
The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done.
January 25 -
The Wayne, N.J., company posted double-digit gains in interest and nontinterest income.
January 25 -
Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.
January 25