Economy

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million.

Grayson Hall has served as CEO since 2010. He will leave the post in July but remain executive chairman through the end of the year.

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts.

The company, which reported a slight decline in loans, lowered its expenses during the first quarter.

The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off.

The timing is right for Congress to act sooner rather than later, defining what Is legal and establishing regulations, writes Cathy Beardsley, president and CEO of Segpay.

The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey.

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.