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Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23 - Puerto Rico
Popular in San Juan, Puerto Rico, reported higher third-quarter profits, as an increase in mortgage banking and lower operating costs.
October 23 -
Quarterly profits fell slightly at Umpqua Holdings in Portland, Ore., because of fewer proceeds from loan sales, tighter margins and other factors.
October 23 - New York
First Niagara Financial Group in Buffalo, N.Y., swung from a loss to a third-quarter profit, as it posted growth in business loans and generated more fee income.
October 23 -
State Street, the worlds second- largest custody bank, said its firing 600 employees globally to accelerate cost reductions after the stock market slump will probably make its goal for fee revenue growth unattainable this year. The shares fell.
October 23 -
Citizens Financial Group in Providence, R.I., managed to build up lending and hold its margins relatively steady last quarter, leading to a healthy gain in profits.
October 23 -
Hancock Holding in Gulfport, Miss., reported a lower third-quarter profit, citing a decline in net interest income and higher expenses.
October 23 -
Auto-lending profits helped make the quarter for Huntington Bancshares and TCF Financial, but their CEOs ended up on the hot seat, as they reported results a day after the U.S. comptroller of the currency issued another warning about declining credit quality in the market.
October 22 -
The decision to terminate a shared-loss agreement with the Federal Deposit Insurance Corp. boosted third-quarter profits at East West Bancorp in Pasadena, Calif.
October 22 -
Texas Capital Bancshares in Dallas reported just a modest uptick in third-quarter profits as higher compensation costs and deposit insurance assessments largely offset strong loan growth.
October 22 -
F.N.B. Corp. in Pittsburgh reported higher third-quarter profit, citing growth in commercial loans and leases and consumer loans.
October 22 - Minnesota
Low interest rates continue to constrain growth at TCF Financial in Wayzata, Minn.
October 22 -
Dime Community Bancshares in Brooklyn, N.Y., said that Kenneth Mahon will succeed Michael Devine as its president on Jan. 1.
October 21 - Pennsylvania
Fulton Financial in Lancaster, Pa., reported a decrease in third-quarter profit, as expenses rose and income from fees and certain securities holdings declined.
October 21 -
Washington Federal in Seattle reported higher profit in its fiscal fourth quarter, citing a record level of commercial loan originations.
October 21 -
The Georgia company is ready to return to buying banks, but it isnt looking for a game changer. Rather, management wants to ease into consolidation by acquiring a smaller institution.
October 21 -
Regions Financial in Birmingham, Ala., said its longtime head of operations and technology, Cindy Rogers, will retire at the end of the year.
October 21 -
America First exec recognized by the Air Force and more honors and appointments.
October 21 -
BankUnited in Miami Lakes, Fla., reported quarterly earnings that missed Wall Street expectations despite loan growth and an income tax benefit.
October 21 -
Daniel P. Dyer, the chief executive officer of Marlin Business Services in Mount Laurel, N.J., has retired.
October 20





