CRE lending surge boosts Valley National's 4Q profit
The Wayne, N.J., company posted double-digit gains in interest and nontinterest income. ... Read full article
The Wayne, N.J., company posted double-digit gains in interest and nontinterest income. ... Read full article
The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done. ... Read full article
Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company. ... Read full article
The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important. ... Read full article
To succeed, the Tennessee company must build on momentum created by BNC, the bank it just agreed to buy. ... Read full article
Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y. ... Read full article
The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February. ... Read full article
Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted. ... Read full article