News Topic: Earnings

The Pennsylvania company said it expects the digital bank to become profitable by the end of this year. ... Read full article

An improved net interest margin helped offset a slight decrease in fee income at the Wisconsin company. ... Read full article

With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says. ... Read full article

The Dallas company boosted its loan-loss provision in the fourth quarter to cover deteriorating leveraged loans, causing it to miss profit estimates. ... Read full article

The surge in new lending at the Pasadena, Calif., company offset rising deposit costs and sluggish fee-income growth. ... Read full article

The Boston company reported a quarterly profit despite mortgage headwinds and lost SBA revenue tied to the partial government shutdown. ... Read full article

The New York company will add $504 million of asset-based and equipment-finance loans as part of the acquisition. ... Read full article

The Florida bank sold $344 million of taxi-medallion and other loans in the fourth quarter, saying it was positioning itself for the future. ... Read full article

Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company. ... Read full article

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production. ... Read full article

The McLean, Va., company also reported a decline in charge-offs on credit card loans. ... Read full article

CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses. ... Read full article

The Virginia company cautioned that it expects lending to slow down this year. ... Read full article

The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin. ... Read full article

Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate. ... Read full article

CFPB to scrap key underwriting portion of payday rule; Fiserv-First Data — why small banks fear big fintech; banks, credit unions help federal workers hurt by shutdown; and more from this week's most-read stories. ... Read full article

The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank. ... Read full article

Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income. ... Read full article