Citigroup Inc., the third-biggest U.S. bank by assets, posted a 42 percent increase in second-quarter profit that beat analysts' estimates as stock-trading revenue surged and losses on unwanted assets declined.

M&A, bank consolidation and marketing strategies are among the reasons why a number of banks have changed their names in recent months. Here are some notable examples from this year.

FBC Bancshares in Conroe, Texas, has raised $13 million in a debt offering.

Republic Bancorp (RBCAA) of Louisville, Ky., hopes a deal for a small thrift owned by H&R Block will help it rebuild momentum it has lost in recent years.

Great Southern Bancorp in Springfield, Mo., is closing 11 branches in a bid to cut costs.

Profits rose at Webster Financial in Waterbury, Conn., on strong fee income and cost controls.

Taylor Capital Group (TAYC) in Chicago plans to retire one-quarter of its Troubled Asset Relief Program stock that the Treasury Department auctioned to private investors last June.

Independent Bank (INDB) in Rockland, Mass., reported a jump in second-quarter profit as interest revenue and fee income rose.

Republic Bancorp (RBCAA) is increasing its stake in the tax refund services business by buying the banking operations of H&R Block (HRB).

The Federal Reserve Board has terminated a regulatory order with Waterstone Financial in Wauwatosa, Wis.

Rocky Wirtz's championship NHL team, the Chicago Blackhawks, gets more press than his community banks, but they make more money.

Opus Bank in Irvine, Calif., is establishing a merchant-banking division led by two banking veterans.

Ask Roberto Herencia, the new chairman of Metropolitan Bank Group, about its well-placed ATM near one of the Windy City's most popular bars, and he'll probably smile.

F.N.B. Corp. (FNB) in Hermitage, Pa., is establishing a regional headquarters in downtown Cleveland.

The $857 million-asset company tapped Jerry Rexroad to succeed John Russ, a company spokeswoman said on Thursday. Rexroad has been chairman and CEO of affiliate Crescent Mortgage.

Technology is among the biggest expenses for small banks, so it is important for managers to read the fine print before finalizing a contract.

Commerce Bancshares in Kansas City, Mo., reported lower quarterly profit as interest income fell and credit costs spiked.

Chemung Financial in Elmira, N.Y., has agreed to buy six branches in upstate New York from Bank of America.

Ann Mehlum, the chief executive of Summit Bank of Eugene, Ore., will step down to lead the U.S. Small Business Administration's loan programs.

Big banks tightened credit for small businesses in June, a month after being their most generous in six years.