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The McLean, Va., lender, which has substantial exposure to subprime consumer loans, also added to its provision for credit losses.
July 20
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The $482 million deal would be Associated's first bank acquisition since June 2007.
July 20
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The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions.
July 20
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The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value.
July 20
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Clearing services, assets under custody and administration and other parts of the trust bank's operations rose in the second quarter, all good news as it shifts leadership from Gerald Hassell to former Visa CEO Charlie Scharf.
July 20
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The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth.
July 20
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KeyCorp also recorded a gain after buying the remaining ownership interest in a merchant services joint venture.
July 20
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Acting Comptroller Keith Noreika says his agency is prepared to defend its authority to grant banking licenses to fintech firms; lawmakers hopeful they can block anti-arbitration rule before it takes effect.
July 20
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The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter.
July 19
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The New York commercial lender's move sets the stage for a potential bulk sale of the taxi loans and an exit from the troubled business line.
July 19
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Second-quarter profit improved modestly at Northern Trust as severance costs offset growth in trust and institutional services.
July 19
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The Buffalo, N.Y., bank also said commercial and consumer lending ticked up, while residential real estate fell during the second quarter.
July 19
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The Illinois company has bought two banks and a small mortgage firm in the past year, which helped improve its second-quarter results.
July 19
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Declines in commercial products and mortgage banking fees at the Minneapolis company offset some of the benefits of higher interest rates.
July 19
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The Tennessee company reported higher profit that reflected its June purchase of BNC Bancorp and nearly $670 million of organic loan growth during the second quarter.
July 19
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The bank’s once-vaunted bond trading unit reports its second bad quarterly performance in a row; Cordray tells OCC it’s too late to stop rule prohibiting mandatory arbitration.
July 19
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The Mississippi company reported higher quarterly earnings despite ongoing energy challenges. Hancock also benefited from its April purchase of the failed First NBC Bank.
July 18
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The Pennsylvania bank's mortgage performance contributed to stronger loan growth, fee income and profits.
July 18
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Loan and fee income rose at the Los Angeles bank, which also jettisoned nearly $160 million of health care cash-flow loans.
July 18
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The FDIC is watching banks that use wholesale funds to support CRE lending. The warning comes as brokered deposit levels at community banks are at their highest level in nearly six years.
July 18
