Earnings
Earnings
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The Dallas subprime auto lender seems to be reaching the bottom of its lingering supply of accounting issues, yet its origination of more loans through Fiat Chrysler underlined questions about the future of its relationship with the big automaker.
October 31 -
The U.S. subsidiary of the Spanish company Banco Bilbao Vizcaya Argentaria benefited from healthy growth in consumer, credit card and C&I lending in the third quarter.
October 30 -
The Cleveland bank gave details on a program for trimming 5% in expenses next year in order to ensure its efficiency ratio goals are met.
October 30 -
If approved, the Fed would consider risk factors besides size in how strenuously it oversees individual banks; Capital One's CIO on operating a bank as a technology company.
October 30 -
Double-digit gains in card volume offset an uptick in problem loans.
October 25 -
Big banks have plans to open hundreds of branches in new markets to add deposits, but smaller regionals have largely sought to hold the line on costs. Cullen/Frost Bankers' decision to double its branch count in Houston may be a sign that midsize banks are rethinking their retail strategy.
October 25 -
Deposits topped $100 billion during the quarter while profits climbed 34% thanks to higher loan yields and lower taxes.
October 25 -
Executives offer support to lift investment bankers’ morale; retailer’s move from Synchrony Financial could force card issuers to make concessions.
October 25 -
The card brand company spent less on client incentives than analysts expected during its fiscal fourth quarter, showing the world’s largest payment network is resisting pressure to ramp up efforts to get banks and retailers to route more spending its way.
October 24 -
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.
October 24 -
The Florida bank set aside much less money to cover soured medallion loans in the third quarter, and total loans rose more than 7%.
October 24 -
Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.
October 24 -
The results did not include the company's purchase of CoBiz, which closed last month.
October 24 -
The 25-year JPM veteran will pursue an opportunity elsewhere; private equity firms have a record $57 billion to loan for real estate.
October 24 -
The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.
October 23 -
A smaller provision for loan losses helped counteract declining loan volume and higher expenses during the third quarter.
October 23 -
Despite an overall weak mortgage originations market, Flagstar Bancorp's third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations.
October 23 -
The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.
October 23 -
Increased third-quarter revenue outweighed higher operating expenses at the Alabama regional.
October 23 -
Though consumer lending and C&I lending improved at the Cincinnati company, its corporate and mortgage banking revenues fell in the third quarter. Last year Fifth Third also posted a one-time gain of $1B associated with its sale of shares in Vantiv, complicating the comparison.
October 23





















