Commercial lending

Quarles wants bank input on stress tests; Banks lending again

04/17/18

Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.

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Signs of loan growth appear (if you look hard) at BofA

04/16/18

Lending, especially in some consumer segments, increased at Bank of America in the first quarter, and CEO Brian Moynihan expects that to continue this year. However, for market watchers skeptical about the industry's growth prospects, BofA's numbers may do little to change their minds.

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Is tax reform fueling a price war in commercial lending?

04/13/18

Bankers hoped the tax overhaul would stimulate a boom in business borrowing, but several said this week that hasn’t happened yet. PNC’s Bill Demchak warned that the tax cuts could be encouraging lenders to underprice loans.

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Blue Ridge Bank in Va. plans to seek N.C. charter

04/13/18

The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state.

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First Republic's 1Q profit climbs 13% on surge in loan demand

04/13/18

Record loan originations and strong growth in wealth assets under management more than offset a double-digit increase in expenses at the San Francisco company.

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First Horizon sees profit boost and higher costs from Capital Bank deal

04/13/18

First Horizon CEO Bryan Jordan said the bank is still on track to meet cost-cutting targets from its 2017 deal for Capital Bank in North Carolina

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Banks refusing gun industry business is 'troubling,' CFPB chief says

04/12/18

Opting out of doing business with the firearms industry is "troubling" behavior from banking institutions, said Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, during a hearing on Thursday.

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Profits rise at Bank of the Ozarks, but so do expenses

04/12/18

Loan growth and higher yields helped offset a 20% increase in expenses at the Arkansas bank in the first quarter. Meanwhile, it warned of one-time rebranding costs to come in the third quarter.

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Origin Bancorp in La. plans to go public

04/12/18

The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.

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Higher rates, loan demand boost Washington Federal's 1Q profit

04/11/18

The Seattle bank's improved loan yields offset higher expenses tied to Bank Secrecy Act remediation. Washington Federal had to delay a pending acquisition after issues emerged with its anti-money-laundering compliance.

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