Earnings
Earnings
-
The Georgia regional plans to open more branches in the state as it looks to loan growth and fees as a way to offset intense competition for deposits.
July 16 -
The Treasury Secretary says Facebook’s cryptocurrency plan creates national security issues; the New York Fed chief tells financial firms to stop dragging their feet and move on from Libor.
July 16 -
The bank's net interest income fell to its lowest point in three years, and total revenue fell short of analysts' expectations.
July 16 -
Granted, the bank's earnings per share topped estimates in the second quarter, but its forecast on net interest income suggests it will be harder for JPMorgan Chase to offset declining revenue from trading stocks and bonds.
July 16 -
The company could rein in deposit costs, cut operational expenses and buy back more shares in anticipation of a Federal Reserve rate reduction. Other banks — especially big ones — could do the same.
July 15 -
Noninterest expenses fell 2% to $10.5 billion — almost $100 million lower than the average estimate from analysts.
July 15 -
Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.
July 15 -
CUs in both states surpassed total asset milestones, but many business lines are growing at a slower pace than they were one year ago.
July 11 -
CUs in the Keystone State saw loan balances rise by 8.5%, while membership rose more than 3.3% to top 4.2 million.
July 10 -
Shares in the U.K.-based small-business lender fell 29% Tuesday after it sought to recalibrate expectations about its growth trajectory. So far, the company has pulled back lending more in the U.S. than in its other markets.
July 2 -
Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.
July 1 -
FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business.
June 27 -
Kelly McDonough will take over next month, nine months after the $289 million-asset shop's former CEO left to lead a CUSO.
June 24 -
The new regulation mandated by Congress expands eligibility for a simplified reporting form to financial institutions with $5 billion of assets.
June 17 -
Median annual membership growth stood at just 2% at the end of the first quarter, though delinquencies dropped and ROA got a boost.
June 14 -
Brittany Baker is taking over for Barbara Vitolo, who is retiring after more than two decades at the Pennsylvania-based credit union.
June 14 -
Several prospects, including JPM’s Gordon Smith, are reluctant to take on a thankless job; lower interest rates, quiet trading will yield disappointing results.
June 12 -
The Tampa-based institution says it is poised for growth, but the new asset class also opens it up to additional scrutiny from the CFPB.
June 10 -
Readers weigh potential risks in the leveraged loans market, debate Herb Sandler's legacy, consider the role the Fed should play in real-time payments and more.
June 6 -
Loans grew amid a surge in deposits, while membership surpassed 117 million and industry consolidation continued.
June 6





















