BankThink

BOK's 3Q profit climbs 15% as margin boost offsets drop in fees

10/25/17

BOK Financial benefited from rising interest rates in the third quarter even as it reported declines in fee income and commercial real estate loan balances.

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New York Community profits fall 18% as taxi lending woes persist

10/25/17

Provision costs surged to $44.5 million from $1.2 million. The company attributed that increase to higher chargeoffs in its taxi book.

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No, there aren’t too many banks in the U.S.

10/25/17

Consolidation has led to too few community banks, which is amplified in areas where capital is needed most.

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To stay competitive, community banks need a niche

10/25/17

The traditional community bank model of "being local and providing good service" no longer provides an competitive edge in a world dominated by online banking, according to Douglas Kennedy, CEO of Peapack-Gladstone.

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Senate votes to kill arbitration rule; banks pay up

10/25/17

Pence breaks tie to overturn rule prohibiting mandatory arbitration; depositors receiving higher rates in effort to retain them.

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Senate votes to repeal CFPB arbitration rule in win for financial institutions

10/25/17

Republicans were able to use an obscure legislative process to overturn a rule that banks and credit unions feared would raise their litigation costs.

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First Bancshares in Miss. makes bigger push into southern Ala.

10/24/17

The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $45 million in stock to help fund the deal.

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Discover’s profit falls in 3Q as loan losses rise

10/24/17

As more loans go bad across the credit card industry, the Riverwoods, Ill.-based company boosted its provision for loan losses by 51%.

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C&I portfolio expands 18% at Sterling Bancorp

10/24/17

Loan growth drove the New York bank’s 20% increase in third-quarter earnings, and those results don’t include its acquisition of Astoria Financial this month.

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Rising defaults weigh on Capital One's 3Q profit

10/24/17

The McLean, Va., company dialed back its lending in the quarter as credit quality in several business lines weakened.

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