News Topic: Commercial lending

The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition. ... Read full article

BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased. ... Read full article

The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income. ... Read full article

An increase deposit costs, higher reserves and ongoing restructuring issues weighed on the second-quarter results at the New York company. ... Read full article

The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses. ... Read full article

The Salt Lake City company reported a 21% increase in second-quarter profits, even as its decision to scale back commercial real estate lending muted overall loan growth. ... Read full article

Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from? ... Read full article

That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company. ... Read full article

The company will no longer originate indirect auto loans outside of Florida and Georgia. ... Read full article

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat. ... Read full article

An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company. ... Read full article

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter. ... Read full article

The Dallas bank reported sizable growth in business and mortgage lending in the second quarter, but it more than doubled its provision for loan losses to cover four credits that went into nonaccrual status. ... Read full article

The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure. ... Read full article

On Mar. 31, 2018. Dollars in thousands. ... Read full article

The unit’s profits plunged in the second quarter as the company contended with the fallout from overcharging wealth management clients. Was it a one-off or the beginning of a long-term problem? ... Read full article

Strong demand for business and multifamily loans, combined with double-digit growth in wealth management revenues, more than offset rising expenses. ... Read full article

Financial institutions are beginning to get on board with the global fight against climate change, but they are still trailing pension funds and insurance companies in putting these concerns into action. ... Read full article