News Topic: Earnings

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat. ... Read full article

Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services. ... Read full article

Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too. ... Read full article

Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more. ... Read full article

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines. ... Read full article

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report. ... Read full article

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank. ... Read full article

An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company. ... Read full article

The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system. ... Read full article

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter. ... Read full article

The Dallas bank reported sizable growth in business and mortgage lending in the second quarter, but it more than doubled its provision for loan losses to cover four credits that went into nonaccrual status. ... Read full article

Analysts had expected the New York-based firm to boost its forecast as consumers increased spending on its cards. ... Read full article

Repayments on acquired residential mortgage loans were the main reason, but other bottom-line boosters more than made up for that, the Buffalo, N.Y., bank said in reporting second-quarter results. ... Read full article

The big custody bank's fees surged on new business gained from its deal for UBS business units in Europe. ... Read full article

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices. ... Read full article

The Minnesota company's profits rose by double digits despite some challenges in the second quarter, and its CEO says it will be expanding its digital offerings to simplify banking for customers. ... Read full article

Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues. ... Read full article

Comerica faced aggressive questioning Tuesday about how it could use freed-up capital now that it’s no longer considered a systemically important financial institution. It won’t be the last small regional to get such a grilling this earnings season. ... Read full article