Earnings
Earnings
-
The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.
January 22 -
Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.
January 22 -
CFPB to scrap key underwriting portion of payday rule; Fiserv-First Data — why small banks fear big fintech; banks, credit unions help federal workers hurt by shutdown; and more from this week's most-read stories.
January 18 -
The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank.
January 18 -
Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income.
January 18 -
Even though American Express received pre-approval to provide transaction settlement services in China more than a year ago, it is playing the waiting game to get those wheels in motion amid a fiery political climate.
January 18 -
A spike in charge-offs in the third quarter stoked concerns about commercial real estate exposure. Shares in the Arkansas company rose after it reported its fourth-quarter results.
January 18 -
The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.
January 18 -
The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending.
January 18 -
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
January 17 -
American Express Co. is pulling out the big bucks to keep its stronghold on premium credit-card users.
January 17 -
Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.
January 17 -
The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.
January 17 -
The New York company added eight new client teams in 2018 and established a new division that caters to private equity firms on both coasts.
January 17 -
Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.
January 17 -
The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.
January 16 -
The nation’s fifth-largest bank now has the financial flexibility to consolidate more branches in existing markets and open new, smaller ones in cities where it has no retail presence, CEO Andy Cecere said.
January 16 -
PNC chief Bill Demchak says he's pretty sure the U.S. isn’t heading into recession, but asset quality is so strong that the regional bank is giving itself a wide berth in forecasting its loan-loss provision in case of the unexpected.
January 16 -
Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.
January 16 -
The Dallas company beat earnings estimates even as it reported declines in deposits, total loans and fee income.
January 16




















