Earnings
Earnings
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The company is once again positioning itself for growth now that it is no longer considered a systemically important financial institution.
July 25 -
That improvement and loan growth made up for a lower margin in a more profitable second quarter, but the loan growth relied heavily on the subprime lender's partnership with Fiat Chrysler that could be ending.
July 25 -
The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.
July 25 -
BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased.
July 24 -
The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses.
July 24 -
An increase deposit costs, higher reserves and ongoing restructuring issues weighed on the second-quarter results at the New York company.
July 24 -
The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.
July 24 -
The Salt Lake City company reported a 21% increase in second-quarter profits, even as its decision to scale back commercial real estate lending muted overall loan growth.
July 23 -
Loan growth, fueled by increased tourism spending, more than offset a sharp drop in fee income at the Honolulu company.
July 23 -
Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.
July 23 -
Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?
July 20 -
The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.
July 20 -
The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.
July 20 -
That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.
July 20 -
State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.
July 20 -
Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
July 20 -
Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too.
July 19 -
Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.
July 19 -
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.
July 19




















