Lending

The biggest loser had a net loss on sale of loans and leases of $908.2 million.

The bank is making the commitment after deploying more than $10 billion from its balance sheet across over 100 private credit deals since 2021.

The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.

The enhanced fintech partnership would build merchant scale, and selling U.K. and U.S. portfolios would free up cash.

After shoring up infrastructure following the scuttled TD Bank acquisition, the Memphis, Tennessee-based institution plans to focus more on mobile banking and new product innovation.

The top five banks have combined construction loans of more than $71 billion.

The payment company is connecting installment lenders with borrowers who may be looking for a product instead of a specific company.

The Minneapolis-based company said third-quarter average total loans slipped 1% from a year earlier. Still, it remains focused on organic expansion and averse to bank acquisitions.

The top five credit unions have combined real estate loans and lines of credit of more than $217 million as of June 30.

The top five credit unions on this list have more than $36 billion in unsecured card loans and lines of credit.

The top five credit unions have combined first mortgage loans and lines of credit of more than $104 billion as of June 30.

The top-performing banks with between $10 billion and $50 billion of assets boasted relatively strong loan portfolios and expense control.

The top five community banks have more than $1.2 billion in combined farm loan portfolios as of March 31, 2024.

Zest AI more than doubled its customer base in 2023 and increased its customer base more than 50% yearly over the past four years.

Economic downturns are inevitable, but regulatory overreaction to them shouldn't be. We need to rethink the way banks are allowed to recover from economic shocks.