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An improvement in fees collected for trust and investment services at Northern Trust contributed to an increase in first-quarter profit.
April 19 -
Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?
April 19
Sageworks -
Synovus Financial in Columbus, Ga., reported lower quarterly earnings as salaries and personnel expenses increased.
April 19 -
Comerica reported a steep decline in first-quarter profits as weak energy prices forced the Dallas company to sharply boost its reserves for loan losses.
April 19 - Illinois
Wintrust Financial in Rosemont, Ill., in the first quarter reaped the benefits of several M&A deals that it completed last year.
April 18 -
M&T is squeezing savings out of its newly purchased Hudson City Bancorp after fighting long and hard for regulatory approval. But it's also taking steps to keep Hudson City's customers from leaving, like offering higher rates on CDs in the New Jersey area.
April 18 -
Since replacing Kevin Kabat in November, Greg Carmichael has said that the Cincinnati company needs to invest more heavily in technology and compliance now in order to boost profits and improve efficiency down the road. But investors worry that expenses will grow faster than revenues and further squeeze margins.
April 18 - California
Bank Leumi USA has hired two bankers from Citigroup, Elsa Burton and Craig Warden, to help lead its operations in Los Angeles.
April 18 -
All the noise over the impact of the Current Expected Loss Model is paralyzing bankers from taking reasonable and practical steps to prepare for the new accounting standard.
April 18
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M&T Bank in Buffalo, N.Y., for the first time was able to report a full-quarter impact from its acquisition of Hudson City Bancorp, which took about three and a half years to complete because of regulatory challenges.
April 18 -
The Memphis, Tenn., company's forecast for the remainder of the year calls for cost saves from a branch-reduction effort that's gaining momentum as online and mobile banking grow and monthly visits to branches plummet.
April 15 -
A behind-the-scenes credit union veteran will go from being NCUA Chairman Debbie Matz right-hand man to serving in a similar position for Pentagon FCU CEO James Schenck.
April 15 -
United Community Financial in Youngstown, Ohio, has hired a JPMorgan Chase executive to be in charge of its technology.
April 15 -
First Horizon National in Memphis, Tenn., reported improved quarterly earnings that reflected higher revenue.
April 15 -
Citigroup Inc. reported first-quarter profit that beat analysts estimates, joining big U.S. rivals in slashing costs more than anticipated amid a trading and dealmaking slump.
April 15 -
Regions Financial in Birmingham, Ala., posted a double-digit gain in its first-quarter profit as strong revenue growth more than offset continued deterioration in its energy-loan portfolio.
April 15 -
Community Bank in Pasadena, Calif., has promoted from within to fill the positions of president and chief banking officer.
April 14 -
David Bohne was the president of a big, successful bank until he took a year off to clear his head. When he was ready to return, he looked at banks across the country but found what he needed in a small, family-run institution right in his hometown.
April 14 -
Washington Federal in Seattle said its profit rose 3.4% to $41.7 million in the three months that ended March 31 as loan growth outweighed higher information technology costs.
April 14 -
Bank earnings season is just getting underway, but a consistent theme around energy lending is already emerging credit quality is going to get worse and weigh on profits the rest of the year.
April 14








