Earnings
Earnings
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Commercial lending and mortgage income surged in the fourth quarter at the West Virginia bank thanks to two acquisitions, but a tax charge cut into profits.
January 30 -
The Minnesota bank was able to realize a large net tax benefit in the same quarter it took a big charge to exit auto lending, so in the end its profits doubled.
January 30 -
The Detroit company recorded an 11% increase in car loans and leases originated during the fourth quarter, as well as a jump in yields. Ally appears to be benefiting from Wells Fargo's substantial retrenchment in auto lending.
January 30 -
The results included a $222 million goodwill impairment charge and other one-time items.
January 30 -
The credit union saw net income of nearly $3 million during Q4 and more than $11 million for the year.
January 29 -
The Florida company reported increased net income even though its loan pipelines and production were hurt by last year's storms.
January 26 -
The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank.
January 25 -
Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending and gains on the company's investments in Roku.
January 25 -
Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.
January 25 -
The Texas bank also capitalized on rising rates and a positive adjustment to deferred taxes tied to tax reform in reporting a double-digit gain to profits in the fourth quarter.
January 25 -
The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank.
January 25 -
Double-digit growth in total loans more than offset higher chargeoffs and a decline in fee income at the Pasadena, Calif., company.
January 25 -
The credit card lender said late payments increased during the quarter but that it expects them to level off in 2018.
January 24 -
Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal?
January 24 -
The Chicago custody bank won new fund-administration business and benefited from the acquisition of a UBS asset-management unit. A one-time adjustment tied to the new tax law also provided a boost.
January 24 -
BOK benefited from rising rates and revenue from its wealth management businesses, even as loan growth remained flat and other fee income categories declined.
January 24 -
The Oregon company's commercial and consumer lending grew even though fee income declined sharply.
January 23 -
Consumer lending was a bright spot, but a series of one-time charges, capped by a writedown on its deferred tax assets, led to a nearly $1 billion loss.
January 23 -
The Michigan company's earnings, excluding one-time items, increased meaningfully after it cut operating costs.
January 23 -
The New York company recorded more than $130 million of expenses tied to its October purchase of Astoria Financial.
January 23





















