News Topic: Commercial lending

The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank. ... Read full article

Double-digit growth in total loans more than offset higher chargeoffs and a decline in fee income at the Pasadena, Calif., company. ... Read full article

The New York company named two new members to its executive committee as it splits oversight of business capital and consumer banking into separate jobs. ... Read full article

BOK benefited from rising rates and revenue from its wealth management businesses, even as loan growth remained flat and other fee income categories declined. ... Read full article

The Oregon company grew commercial and consumer lending in the fourth quarter, even though fee income declined sharply. ... Read full article

One-time tax adjustments helped offset ongoing declines in commercial and auto lending at the Cincinnati company. ... Read full article

Record net interest income, helped by a 22-basis-point gain in net interest margin, boosted quarterly results in spite of declining fee income. ... Read full article

Net interest income climbed nearly 16%,, though overall profits declined as the Columbus, Ga., company paid down debt and took a one-time charge related to the new tax reform law. ... Read full article

The Honolulu bank reported strong loan growth in the fourth quarter, but one-time charges related to the new tax law suppressed its profit. ... Read full article

Look for banks to boost dividend payouts, expand into new markets, increase their tech spending and, eventually, ramp up their C&I lending. But don't expect much in the way of M&A. ... Read full article

Buying Capital Bank Financial helped boost revenue by 17% in the fourth quarter, but one-time charges related to recent tax cuts dragged down the Memphis company's profits. ... Read full article

The Office of the Comptroller of the Currency’s semiannual report on industry risk said tougher competition between banks, leading to looser underwriting, could arise from the economic expansion. ... Read full article

The Los Angeles company said earnings fell 2% in the quarter as strong loan growth was offset by costs tied to its acquisition of CU Bancorp as well as a loss on the sale of a securities portfolio. ... Read full article

Highlights at the North Carolina bank included deposit service charges, CRE lending and wider margins, which all offset one-time costs related to tax reform. ... Read full article

A large writedown on its portfolio of taxi medallion loans marred an otherwise strong fourth quarter for Signature Bank in New York. ... Read full article

The Federal Reserve’s beige book survey indicates the economy is expanding as household loan demand declines. ... Read full article

Total loans rose 3% at the Minneapolis bank, but its net interest margin climbed 10 basis points. It also booked a one-time accounting gain of $910 million related to tax reform. ... Read full article

Though business owners are more optimistic about the direction of the economy since the tax law was passed, it's doubtful their borrowing will increase meaningfully until they see more signs of more robust growth, bankers say. ... Read full article