Economy

The move toward more asset-based finance shows how CEO Craig Dahl, in his second year at the helm, is reshaping the Minnesota company after its surprise exit from auto lending last year.

On Dec. 31, 2017. Dollars in thousands.

On Dec. 31, 2017. Dollars in thousands.

After nearly two years of sputtering commercial loan growth, regional bankers are counting heavily on expanding their portfolios of personal loans and other types of consumer credit.

The $219 million deal will expand RealPage's geographic and digital footprint in a market that still relies on paper-based payments.

SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.

The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years.

The regional bank's net income rose 37% thanks to those factors and others.

AI is not the only way to get value from data. In many cases, simpler, traditional types of analysis may answer your questions, according to Todd Ford, CFO of Coupa.

Readers react to the Senate overriding the Consumer Financial Protection Bureau's auto lending guidance, weigh in on House efforts to reform the Dodd-Frank Act and debate technology being used to replace new branches.

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin.

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue.

The custody bank benefited from a wide range of economic forces in the first quarter.

The company will merge with Kentucky Federal Savings and Loan by the end of this year.

During an appearance on the CBS "Evening News" Wednesday, CEO Jamie Dimon unveiled new details about the first leg of the New York company's recently announced, multicity branch expansion.

Comments by Federal Reserve Vice Chairman for Supervision Randal Quarles appeared to contrast with past statements by former officials about the controversial charter.

Results were also aided by strong growth in residential construction, commercial and equipment financing.

Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.

Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.