Earnings
Earnings
-
Several small and midsize banks say they are losing borrowers to rivals and worry the trend could get worse as interest rates decline.
July 25 -
The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.
July 25 -
The Michigan-based institution also recorded increases in earnings, deposits and membership.
July 25 -
The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.
July 25 -
Gone are the Wild West days of Facebook, when the company could do whatever it wanted with little worry of regulatory or earnings repercussions. And as the social network embarks on its Libra currency project, its toughest days loom ahead.
July 24 -
The P2P service, based on the time its users spend with it, has the capability of luring users into other services attached to Venmo.
July 24 -
The heads of the island's largest banks are worried that ongoing protests over government corruption and other scandals are a setback to an economy slowly rebounding from the devastating hurricanes of 2017.
July 24 -
Total loan volumes at institutions in both states increased by more than 1%, far above the national rate.
July 24 -
Second-quarter earnings at the Chicago custody bank were flat as increased interest costs offset better yields and fee income held steady.
July 24 -
The workers charged customers incorrect currency conversion rates; Santander plans to defend its decision not to hire Andrea Orcel if he sues.
July 24 -
The Maryland bank has to show that it can once again overcome accusations of possible misdeeds — this time tied to a political corruption probe. And there may be other problems.
July 23 -
While loan growth continues to outpace competitors, Discover says it has been tightening its standards, given the late stage of the credit cycle.
July 23 -
Visa’s decision on how or if it will participate in Facebook’s cryptocurrency project will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.
July 23 -
KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.
July 23 -
Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.
July 23 -
Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.
July 23 -
Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.
July 22 -
County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists.
July 19 -
The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.
July 19 -
After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers.
July 19




















