News Topic: Earnings

The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey. ... Read full article

The $17 billion-asset Bank of Hawaii reported higher profits on rising interest income, even as it saw yearly declines in mortgage banking and deposit fee income, as well as losses on investment securities. ... Read full article

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company. ... Read full article

The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves. ... Read full article

The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years. ... Read full article

Several banks have reported digital service outages this year, but now there’s a detailed breakdown of one of them — and it shows that the damage goes far beyond reputation. ... Read full article

The regional bank's net income rose 37% thanks to those factors and others. ... Read full article

The bank’s latest punishment would settle charges by the CFPB and the OCC; Staley did not act without integrity in trying to unmask a whistleblower. ... Read full article

The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue. ... Read full article

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank. ... Read full article

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday. ... Read full article

Investing in technology has been an important focus for banks. But big questions remain about these investments, including how best to pay for them. ... Read full article

Spread income offset higher expenses during the first quarter at the Maryland bank. ... Read full article

The Arkansas company's revenue increased largely due to its 2017 purchase of Stonegate Bank. ... Read full article

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin. ... Read full article

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue. ... Read full article

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income. ... Read full article

The custody bank benefited from a wide range of economic forces in the first quarter ... Read full article