Credit quality

The Toronto-based banking giant reported better third-quarter profit growth and credit quality south of the border than in its core Canadian market.

BayFirst Financial in St. Petersburg plans to focus on larger commercial deals after repairing the damage from a failed strategy that emphasized small-dollar loans backed by the U.S. Small Business Administration.

First Guaranty in Hammond Louisiana agreed to a consent order with federal and state regulators that's aimed at improving its credit quality.

A portfolio review initiated by BCB Bancorp's new CEO, Tom O'Brien, led to a spike in nonaccrual loans at the Bayonne, New Jersey-based bank.

The Denver-based bank scaled back its estimate of tangible-book-value dilution resulting from the First Foundation deal to 10%, down from the 14% figure projected in October.

The bank released reserves it no longer needed because credit outperformed. An accounting switch means that line runs close to zero by the fourth quarter.

The Denver-based bank reported that two loans soured, one due to fraud. A number of other lenders reported sizable fraud-related losses last fall.

Republican Sen. Joni Ernst is calling for more scrutiny of 10 lenders that were ejected from a Department of Agriculture program. Several of the lenders are pushing back, questioning officials' characterizations of their lending results and announcing appeal plans.

BCB Bancorp in Bayonne, New Jersey, is turning to veteran bank executive Tom O'Brien to accelerate its turnaround after reporting significant losses in 2025.

The Birmingham, Alabama-based company also benefited from improved credit quality, with declines in nonperforming assets and criticized loans paving the way for a reduced provision

The San Francisco-based banking giant reported increased earnings and continued benign credit conditions, but net interest income fell short of Wall Street's expectations.

Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.

Grand Rapids-based Independent Bank Corp. has agreed to buy HCB Bancorp for $70.2 million — the buyer's first deal since 2017.

During the fourth quarter, the Buffalo, New York-based bank reported its lowest ratio of nonperforming loans to total loans since 2007.

Last year highlighted the risks for banks in lending to nondepository financial institutions. A new approach by Trump-era regulators could change the playing field.

Jerry Plush had helmed the South Florida-based bank for nearly five years before agreeing to depart this week. News of the leadership change comes little more than a week after Amerant reported a 43% increase in nonperforming assets.

Credit analysts say climate risk could still pose a financial threat to financial institutions, even though the federal government has taken an ax to Biden-era climate guidance.

The North Carolina bank is the latest lender impacted by the bankruptcy of U.S. auto parts maker First Brands. First Citizens executives said credit was in good shape overall.

Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.

Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.