News Topic: Commercial lending

Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering. ... Read full article

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be headquartered in Detroit, Chemical's hometown, and operate under the TCF brand. ... Read full article

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head." ... Read full article

The parent company of Silicon Valley Bank predicted a strong year, saying the high-tech and other niches it serves are built to withstand current economic uncertainty. ... Read full article

Despite a generally positive picture in the Shared National Credit report, regulators warned that underperforming loans in the the portfolio remain elevated. ... Read full article

The Dallas company boosted its loan-loss provision in the fourth quarter to cover deteriorating leveraged loans, causing it to miss profit estimates. ... Read full article

The surge in new lending at the Pasadena, Calif., company offset rising deposit costs and sluggish fee-income growth. ... Read full article

Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company. ... Read full article

The McLean, Va., company also reported a decline in charge-offs on credit card loans. ... Read full article

CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses. ... Read full article

Smaller institutions are booking loans at a faster clip than bigger lenders, raising concerns that they are relaxing standards in order to win business. ... Read full article

Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income. ... Read full article

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer. ... Read full article

The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending. ... Read full article

Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year. ... Read full article

The New York company added eight new client teams in 2018 and established a new division that caters to private equity firms on both coasts. ... Read full article

Now that Wells must abide by the central bank's asset cap through year-end, it may have to divest more nonessential assets and take other steps to open up room for core loan growth. ... Read full article

Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking. ... Read full article