Earnings
Earnings
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Scotiabank's earnings topped analysts' estimates on a surge in profit in its international-banking division, fueled by a sharpened focus on Latin America. Bank of Montreal, meanwhile, fell short of expectations as growth was more muted at its U.S. personal-and-commercial banking division.
August 27 -
After two consecutive quarters of losses, People's Choice FCU will merge into CityMark FCU when its longtime CEO retires this fall.
August 21 -
M&T Bank, Zions and Comerica are among the regional banks facing the most pressure on net interest margins, Wells Fargo analysts said in a research note to investors.
August 16 -
The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.
August 15 -
The Los Angeles company said it is also looking into internal controls tied to construction lending.
August 13 -
The San Francisco company forecast a modest profit in the third quarter because its cost-cutting plans are ahead of schedule. It's also starting a program to sell riskier loans to sophisticated investors.
August 6 -
Lenders could struggle to reprice deposits fast enough to offset downward pressure from adjustable-rate loans and refinancing.
August 6 -
The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors.
August 6 -
These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.
August 4 -
Square has worked hard in the past several years to offer more than just mobile card acceptance, but not all of its efforts have paid off.
August 2 -
Loan balances at the end of the second quarter were up by double digits from a year earlier for the Honolulu-based institution.
August 2 -
The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.
August 1 -
Earnings at the U.S. unit of the Spanish banking giant Banco Bilbao Vizcaya Argentaria fell 13% from a year earlier.
July 31 -
The Apple Card drew a lot of attention when it was announced in March, and it's finally time to see if that buzz translates to adoption.
July 30 -
Brexit seems more likely than ever, as the U.K.'s new prime minister, Boris Johnson, has committed to meeting the October 31 deadline for a deal to leave the EU. But despite the lingering uncertainty over how that will happen, Mastercard is not abandoning its bullish stance on Europe.
July 30 -
The Las Vegas-based institution said its income for the first half of the year was down as it put more into its loan-loss provision.
July 30 -
Credit quality is being second-guessed after several banks reported higher 2Q charge-offs.
July 29 -
Thanks to its newly started bank, Ameriprise's 10,000 financial advisers will soon start offering direct services like deposits and mortgages.
July 26 -
Fiserv expects its $22 billion purchase of First Data Corp. to close on Monday after clearing regulatory requirements.
July 26 -
Lending at credit unions in the Peach State increased by just 0.2%, down from 0.8% growth recorded a quarter earlier.
July 26




















