Fee income

Speaking at an investor conference Wednesday, John Turner said that sellers’ asking prices are too high and that Regions would prefer to buy a nonbank that could help boost fee income.

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

Nearly all banks need more fee income, and many have extra cash for investing in growth. Some have started buying up wealth management firms, while others have decided to pare back and specialize.

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.

The lawsuit comes as the $188 milion-asset institution faces backlash from a high-profile national news story that portrayed its business practices negatively.

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.

Though consumer lending and C&I lending improved at the Cincinnati company, its corporate and mortgage banking revenues fell in the third quarter. Last year Fifth Third also posted a one-time gain of $1B associated with its sale of shares in Vantiv, complicating the comparison.

The Dallas company reported a 41% increase in 3Q earnings despite lackluster performances in lending, deposits and fee income.

A high-profile media story is painting the industry in a negative light and should be cause for some CUs to re-examine their profit model.

Double-digit gains in interest and noninterest income more than offset higher deposit, compensation costs.

Efficiency gains also drove results at the Kansas City, Mo., company.

Consultant and behavioral psychologist Wei Ke shares his view on the bank’s plan to offer free trading, and why competitors shouldn’t react too quickly.

The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus.

There’s much for banks to like — and for consumer advocates to dislike — in a report on the industry's overdraft policies released Tuesday by the Center for Responsible Lending.

The trend poses challenges for banks, which have long required customers who want fees waived to put in their own effort.

Loan growth, fueled by increased tourism spending, more than offset a sharp drop in fee income at the Honolulu company.

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter.

Woodforest National in Texas has relied heavily on hundreds of in-store branches and overdraft fees to boost revenue. That is starting to change.

A new report sees credit unions making significant gains in overdraft income as banks and thrifts shift their focus away from single-service customers who only want checking accounts.