Community banking
Community banking
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Renasant (RNST) in Tupelo, Miss., posted lower quarterly earnings tied to its purchase of First M&F in Kosciusko, Miss.
October 16 -
The activist investor had vowed to wage a proxy battle next year against Malvern Bancorp unless it addressed concerns about shareholder value
October 16 -
Fee income and improvement in asset quality helped Comerica in Dallas increase third-quarter earnings.
October 16 -
KeyCorp (KEY) reported higher third-quarter profit after recording a gain from the sale of its investment management and broker-dealer units.
October 16 -
Confusion and panic. Those are the words most often used by lenders when faced with the onslaught of mortgage regulations and other rules going into effect in three months. Regulators have sought to defuse concerns partly by attending industry conferences, but they have also made it clear that several other big changes are on their way. Following is a guide to what's ahead.
October 16 -
Acquisitive banks have frequently used the "accretive to earnings" pabulum to sway shareholders and justify overpriced transactions. This has created an illusion of acquisition value that is detrimental to the market.
October 16 -
Municipal Employees Credit Union in Baltimore has received approval from the National Credit Union Administration to buy a bank.
October 16 - Florida
Gateway Bank of Southwest Florida has appointed Brian Hall, the founder of rival Sabal Palm Bank in Sarasota, to its executive team.
October 15 -
The Troy, Mich., bank's agreement to buy the four remaining bank units of Capitol Bancorp in a bankruptcy auction would strengthen its Midwestern profile, but it has to accept two far-flung units and navigate some tricky regulatory issues to get the deal done.
October 15 -
Malvern Bancorp (MLVF) in Paoli, Pa., expects to report another quarterly loss after selling a block of problem loans and repaying Federal Home Loan Bank advances.
October 15 -
In just under a year, Sen. Heidi Heitkamp has emerged as a key player on the Banking Committee, helping to work on a bipartisan housing finance reform bill and championing legislation to provide relief to small banks.
October 15 -
Washington Federal (WAFD) in Seattle attributed its strong third quarter to economic improvements in the eight states in which it operates.
October 15 -
Former Citigroup executive Gordon Baird plans to launch an application at Independence Bancshares that ties together mobile banking and real-time processing a technology that some industry experts say could revolutionize banking.
October 15 -
A breakdown of M&A announcements in the financial services industry for the week ended Oct. 12
October 15 - Virginia
The Federal Reserve Board has hit three Southern banks Highlands Community Bank and New Peoples Bank in Virginia, and North Georgia Community Financial Partners with enforcement actions.
October 15 -
Toronto-Dominion Bank is thinking of making a play for Royal Bank of Scotlands Citizens Financial Group, according to a report published Sunday.
October 15 - Illinois
Wintrust Financial in Rosemont, Ill., recorded higher quarterly profits on increased net interest income and benefits from buying Diamond Bancorp in Schaumburg, Ill.
October 15 -
Commerce Bancshares (CBSH) in Kansas City, Mo., beat quarterly earnings estimates as its asset quality and fee income improved.
October 15 -
Capitol Bancorp said late Monday that it will sell its four remaining banks to Talmer Bancorp in Troy, Mich.
October 15 -
These financially underserved individuals are far from disconnected. They are actually more active users of mobile phones and social media than the population at large.
October 14




