Earnings

Banks were told tax reform would spur lending. They’re still waiting

04/12/18

Investors are growing worried about lackluster loan growth this year at community banks.

[more]

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.

[more]

Fee income drives earnings growth at Commerce Bancshares

04/12/18

The Kansas City, Mo., company also benefited from higher yields on its loans and flat funding costs.

[more]

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.

[more]

Short sellers like these banks

04/01/18

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.

[more]

Prosper's earnings suffer from cost of deal that bolstered funding

03/26/18

The San Francisco-based online lender reported a net loss of $115 million for 2017, more than half of which was connected to warrants issued in a deal that stabilized the struggling firm.

[more]

Banc of California to take 1Q hit from large credit issue

03/16/18

The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud.

[more]

Early glimpse of banks' 1Q isn't exactly pretty

03/06/18

Deposit prices are starting to rise, deposit growth is slowing, commercial loan growth remains tepid (with some exceptions) and concerns are mounting about the economic toll of U.S. trade policy, bank executives said just a few weeks ahead of the end of the quarter.

[more]

Impaired loan forces Chemung in N.Y. to report 4Q loss

03/06/18

The company received bad news about the commercial loan after it reported a narrow profit in mid-February.

[more]

Toronto-Dominion posts record U.S. earnings even before tax cut

03/01/18

The booming U.S. economy continues to fuel earnings at Toronto-Dominion Bank — and Donald Trump's tax cuts will only make things better.

[more]