Earnings
Earnings
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The Blairsville, Ga., bank is in growth mode with strong second-quarter lending performances and two deals in the works, but its provision for loan losses was described as too low in one research note.
July 26 -
Profits at the Puerto Rico-based company rose in the second quarter, lifted in part by commercial loan growth in its U.S. operations. Popular executives said they have sold off the company’s remaining direct exposure to the island’s central government.
July 26 -
The Miami Lakes company’s chargeoffs of medallion loans increased fivefold, but profits rose thanks to gains in C&I, CRE and other types of loans.
July 26 -
Total System Services Inc. said its income surged during the second quarter of 2017 based on continued revenues that totaled $1.2 billion, up 6.1% from $1.5 billion a year earlier.
July 26 -
The Tulsa, Okla., company reported loan growth in all categories, including a 56% increase in personal loans.
July 26 -
The Westbury, N.Y., company reported a 15% drop in earnings despite recording a large gain on the sale of some securities.
July 26 -
The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama.
July 26 -
The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.
July 26 -
The Michigan company's profit benefited from a larger balance sheet and a reduction in merger-related expenses.
July 26 -
Citigroup hopes to return $60 billion to shareholders by 2020 while earning $20 billion a year; SEC says companies that raise money by selling their own electronic tokens for cryptocurrencies may be subject to federal oversight.
July 26 -
Strong gains in interest and fee income offset higher expenses and chargeoffs at the Kansas City, Mo., company.
July 25 -
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



















