BankThink

Tepid fee, loan growth underlie U.S. Bank results

04/18/18

Quarterly earnings at the Minneapolis company were boosted instead by a wider net interest margin and a lower tax rate.

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Senate ready to repeal CFPB auto rule; Tax cuts juice bank profits

04/18/18

The Senate is expected to pass a bill that would ax controversial guidance on loans at car dealerships; lower tax rate may have skewed year-on-year comparisons.

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Hancock reports higher profit that reflected balance sheet growth

04/17/18

An increase in total loans and a lower tax rate helped the Mississippi company offset revenue it lost after selling a consumer finance business.

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Small businesses hit by disaster often struggle with credit, too

04/17/18

Banks may need to do more to help small businesses after a hurricane, flood or other calamity as those firms tend to favor nonbank lenders after an emergency for a number of reasons, according to research by four regional Federal Reserve banks.

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Fulton reports higher profit on lower tax rate, loan growth

04/17/18

The company benefited from increases in residential and construction lending.

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New York AG launches crypto inquiry

04/17/18

New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry."

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Goldman finally reveals more of its big plans for consumer banking

04/17/18

The Wall Street giant's acquisition of the app maker Clarity Money is only one part of a long-term strategy to build a digital retail bank from the ground up.

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Mercantile in Mich. reports profit despite smaller balance sheet

04/17/18

Though total loans and deposits were down from the end of 2017, management expressed optimism that things will pick up over the rest of this year.

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Regionals outflanked by big banks in battle for deposits

04/17/18

The divide highlights a lingering question about how much commercial and retail depositors value cutting-edge technology over price — and whether midsize banks can keep pace with bigger rivals when it comes to tech investments.

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Repeal of CFPB rule could still leave car lenders on the hook

04/17/18

As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority.

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