News Topic: Commercial lending

Recognizing the sizable opportunity in batteries, some project finance banks have recently begun supporting battery developments, and others expect to follow soon. ... Read full article

With health organizations warning of a global outbreak, banks are starting to assess the risks to their bottom lines. ... Read full article

The San Francisco bank reduced its outlook for net interest income this year and cautioned that the outbreak's economic effects could take an even bigger bite out of profits. ... Read full article

The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet. ... Read full article

A spike in loan-loss provisions dragged down first-quarter profits at the Toronto company’s U.S. unit. ... Read full article

Executives outlined changes in energy lending policies, said that the largest U.S. bank has only scratched the surface in middle-market credits and discussed their preparations in case of an economic slowdown. ... Read full article

A large charge-off and additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million. ... Read full article

Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers. ... Read full article

Activist investors say the lender's words on combating climate change have not matched its actions. But the company argues that requests to put climate resolutions to a shareholder vote amounts to micromanagement. ... Read full article

The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income. ... Read full article

Nonbanks hold a disproportionate percentage of the worst-rated loans, but banks hold a majority of the market, and risk management safeguards are largely untested, according to an interagency report on shared national credit. ... Read full article

Lenders that depend on the Export-Import Bank to back loans to exporters are already seeing business borrowing pick up after Congress reauthorized the agency in December. ... Read full article

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh. ... Read full article

Commercial lending was sluggish in 2019, but leaders at Huntington, KeyCorp and M&T are encouraged that rates are stabilizing and business sentiment is improving. ... Read full article

The company will pay $211 million for a bank with 22 branches as $1.2 billion in assets. ... Read full article

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors. ... Read full article

Eric Smith and Michael Morton have been brought on as vice chairs to help build out the Chicago bank's commercial lending arm. ... Read full article

The Dallas bank’s troubled energy loans reached a nearly two-year high as crude prices plummeted. ... Read full article