Earnings
Earnings
-  Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank. October 17
-  In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations. October 17
-  Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before. October 17
-  SEO Steve Squeri told analysts its platinum card upgrade has gotten off to a strong start, and added he's not noticing signs of consumer weakness due to recent political battles. October 17
-  The Cincinnati, Ohio-based bank delivered third-quarter earnings that mostly met expectations, even as it took a $200 million blow to credit. October 17
-  The Charlotte, North Carolina-based bank reported net income of $1.45 billion for the third quarter and earnings per share of $1.04, which beat analysts' forecast of $0.99 per share. October 17
-  CEO Chris Gorman applauded what he sees as a transformation of bank regulation since President Trump took office. He described a shift from layers of exams and documentation to a streamlined focus on liquidity, capital and earnings. October 16
-  Zions Bancorp. is among the latest banks to report material losses due to alleged borrower fraud. Stocks of regional lenders plunged on Thursday. October 16
-  The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last three years, may be near its inflection point. October 16
-  The Bank of New York Mellon had 117 different AI solutions in production at the end of September, Chairman and CEO Robin Vince said. That's up 75% from the second quarter. October 16
-  Noninterest income at the Minneapolis-based company jumped more than 10% during the third quarter, while asset quality improved and expenses held steady. "Our focus is very much on organic growth," said CEO Gunjan Kedia. October 16
-  Amid a surge in bank mergers, Citizens CEO Bruce Van Saun said the Providence, Rhode Island-based bank is largely focused on organic growth. "It would have to be a pretty high bar for us to go down that path," he said. October 15
-  America's second-largest bank revised its net interest income target upward after what analysts called a "clean" third quarter. October 15
-  "We actually see a little bit more strength in the nonprime [consumer]," CFO Brian Wenzel told American Banker. October 15
-  CEO Bill Demchak said there seemed to be "some confusion," after PNC's stock fell some 4% on Wednesday. October 15
-  After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment. October 14
-  The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman. October 14
-  The megabank's multiyear effort to simplify its business model and improve its risk management is starting to pay off in the form of more consistent profitability and improved returns, CEO Jane Fraser told analysts. October 14
-  JPMorganChase CEO Jamie Dimon said that his bank can improve its procedures to guard against fraud. October 14
-  The $4.6 trillion-asset company's report comes after it committed to funneling $1.5 trillion into industries deemed important to national security. October 14




















