News Topic: Commercial lending

Capitol Federal will enter commercial lending for the first time in its 125-year history after it buys Capital City Bank. ... Read full article

The U.S. subsidiary of the Spanish banking giant BBVA said Friday that direct consumer loans increased 40% in the first quarter and that its digital strategy is bearing fruit. ... Read full article

Spirit of Texas Bancshares plans to raise $40 million to fund organic growth and acquisitions. ... Read full article

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million. ... Read full article

A 20% increase in lending, largely to players in the tech industry, helped the California company offset a one-time loss tied to an investment in the streaming company Roku. ... Read full article

Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said. ... Read full article

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts. ... Read full article

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter. ... Read full article

Double-digit gains in the bank's two largest loan categories offset declines in commercial and home loans. ... Read full article

CIT took a $22 million hit on a business loan, and overall loan growth was tepid. ... Read full article

Double-digit consumer-loan growth more than offset a decline in commercial real estate loan balances. ... Read full article

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter. ... Read full article

The move toward more asset-based finance shows how CEO Craig Dahl, in his second year at the helm, is reshaping the Minnesota company after its surprise exit from auto lending last year. ... Read full article

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company. ... Read full article

After nearly two years of sputtering commercial loan growth, regional bankers are counting more than ever on expanding their portfolios of personal loans and other types of consumer credit. ... Read full article

The regional bank's net income rose 37% thanks to those factors and others. ... Read full article

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank. ... Read full article

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday. ... Read full article