Earnings
Earnings
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The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.
July 25 -
The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.
July 25 -
Just as pre-crisis success was illusory, so too might be expectations that banks could ever regain that type of profit growth again.
July 25 -
A series of balance sheet moves and a focus on deposit gathering and business lending led to a $157 million profit in the second quarter.
July 25 -
The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.
July 25 -
Citi is holding its first investor day since the financial crisis, plugging credit cards and its Mexican business; Morgan Stanley's market cap tops Goldman's for the first time.
July 25 -
TCF executives were peppered with questions about the quality of $345 million in auto loans recategorized as held for investment in the second quarter, as a result of the company’s recent move away from loan sales and securitizations.
July 24 -
Double-digit growth in loan volume offset a decline in fee income at the Honolulu company.
July 24 -
A reserve release helped offset lower net interest income, reflecting the California company's efforts to exit businesses that hurt its bottom line last year.
July 24 -
Net interest income rose 7% and margins widened 17 basis points at the Wayzata, Minn., company.
July 24 -
It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.
July 21 -
Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.
July 21 -
Now that the Federal Reserve has raised short-term rates four times in the past 18 months, all eyes are on deposit costs as banks seek to keep pricing low and fatten margins. But that effort is complicated by the fact that banks must prepare for the unwinding of the Fed's balance sheet and consumers' rapid adoption of mobile deposits.
July 21 -
A double-digit increase in the size of the Connecticut company's commercial book factored heavily into its improved second-quarter results.
July 21 -
The size of the Louisiana company's loan portfolio increased by 6% from a year earlier, helping offset weaker noninterest income.
July 21 -
The Birmingham, Ala., bank has been cutting exposure to indirect auto, multifamily and medical office lending, categories it deems high-risk.
July 21 -
The Rhode Island bank plans to build out its fee income capabilities, expand C&I lending in the Southeast, renegotiate vendor contracts and take other steps to produce expense cuts and revenue enhancements of at least $90 million.
July 21 -
The Cincinnati company reaped the benefit of the latest round of interest rate hikes, as a higher net interest margin and lower costs helped overcome the drop in lending.
July 21 -
The Ohio company also reported that credit quality metrics remain well within its targeted range.
July 21 -
Increased dealings in direct consumer lending and guaranteed student loans offset a decline in mortgage-related income. A lower loan-loss provision also helped the bottom line.
July 21


















