Earnings

Opus taps banking veteran Paul Greig as its lead independent director

05/03/17

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

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Banc of California reports lower profit after turbulent first quarter

05/03/17

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

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BancWest’s 1Q profit falls despite revenue growth

05/03/17

A one-time capital gain in last year’s first quarter obscured strong loan and deposit growth at BNP Paribas' U.S. subsidiary.

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North Carolina bank feels sting of New Orleans bank failure

05/03/17

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter results by $441,000.

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Freddie's serious delinquencies are seriously low

05/02/17

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

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To keep Ocwen 'healthy,' its top client may buy a 5% stake

05/01/17

In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.

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Higher expenses soften gains at Investors Bancorp

04/28/17

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

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Iberiabank reports higher quarterly profit on cost control, rising rates

04/28/17

The Louisiana company also said that credit company in its energy portfolio improved during the first quarter.

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SVB Financial profits jump 28% on loan growth, investment gains

04/27/17

The tech-focused banking company reported loan growth of 15% in a strong first quarter thanks partly to stronger lending to private-equity and venture capital clients.

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The Bancorp returns to profitability after turbulent 2016

04/27/17

The Delaware company reported loan growth and, for the first time in months, no charges tied to an outstanding regulatory order.

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