Earnings

Increased construction lending boosts PacWest earnings

07/17/18

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

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Lending rises modestly at Comerica

07/17/18

Declines in corporate banking and energy loans were part of the reason loan growth was light, but the Dallas bank reported strong earnings thanks heavily to fatter margins.

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Merger costs dent First Horizon profits

07/17/18

One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal.

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Goldman earnings up; Barclays weighs U.S. expansion

07/17/18

David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.

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What 2Q says about the outlook for consumer credit

07/16/18

Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.

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BofA's consumer profit jumps as customers boost borrowing

07/16/18

Loans in that business climbed 6.6% compared with a year earlier as Bank of America's overall profits rose by 33%.

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Goldman ready to crown Solomon?; Banks report weak lending growth

07/16/18

Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.

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Deutsche Bank says 2Q earnings report will top estimates ‘considerably’

07/16/18

The struggling Frankfurt-based bank expects to report net income of $468 million when it issues second-quarter results nine days from now, but it's unclear exactly where the earnings beat is coming from and whether the performance is sustainable.

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Deposit costs, card woes, trade wars: Red flags abound in 2Q results

07/13/18

Price competition on deposits may finally force the largest banks to pay up, and consumers’ aggressive use of rewards and promotional rates is weighing on card income. And then there are those tariff fights that could hurt global clients.

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Wells Fargo’s latest sore spot: Wealth management

07/13/18

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?

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