Earnings

Fulton reports higher profit on lower tax rate, loan growth

04/17/18

The company benefited from increases in residential and construction lending.

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Mercantile in Mich. reports profit despite smaller balance sheet

04/17/18

Though total loans and deposits were down from the end of 2017, management expressed optimism that things will pick up over the rest of this year.

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PacWest profit jumps 50% on improved credit quality, CRE growth

04/17/18

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

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Northern Trust adds to assets under management and custody, raising 1Q profit

04/17/18

The Chicago custody bank also benefited from a recent acquisition of a UBS business in Europe and the lower federal income tax rate.

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Pinnacle in Tenn. raises its profitability target

04/17/18

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

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Commercial lending rises 16% at Wintrust

04/17/18

The Rosemont, Ill., bank rode loan growth, interest rate trends and noninterest-income gains to a double-digit increase in profits in the first quarter.

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Wider margin, cost cuts make up for weak loan growth at Comerica

04/17/18

Profits soared at the Dallas bank as recent interest rate hikes and ongoing expense cuts outweighed weakness in the company’s loan book and in its fee income.

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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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Legal expenses eat into M&T's 1Q profits

04/16/18

A $135 million increase in litigation expenses related to its 2011 acquisition of Wilmington Trust overshadowed a wider net interest margin and improved credit quality for the Buffalo, N.Y., company in the first quarter.

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Wells may restate earnings; Capital rule phase in

04/16/18

Bank’s earnings report notes possible $1 billion in fines; loan-loss accounting rule will be rolled out over three years.

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