News Topic: Earnings

Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset. ... Read full article

Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending, as well as gains on the company's investments in Roku. ... Read full article

The Texas bank also capitalized on rising rates and a positive adjustment to deferred taxes tied to tax reform in reporting a double-digit gain to profits in the fourth quarter. ... Read full article

The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank. ... Read full article

Double-digit growth in total loans more than offset higher chargeoffs and a decline in fee income at the Pasadena, Calif., company. ... Read full article

The credit card lender said late payments increased during the quarter but that it expects them to level off in 2018. ... Read full article

Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal? ... Read full article

The Chicago custody bank won new fund-administration business and benefited from the acquisition of a UBS asset-management unit. A one-time adjustment tied to the new tax law also provided a boost. ... Read full article

BOK benefited from rising rates and revenue from its wealth management businesses, even as loan growth remained flat and other fee income categories declined. ... Read full article

The company's earnings, excluding one-time items, increased meaningfully after it cut operating costs. ... Read full article

Consumer lending was a bright spot, but a series of one-time charges, capped by a writedown on its deferred tax assets, led to a nearly $1 billion loss. ... Read full article

The Oregon company grew commercial and consumer lending in the fourth quarter, even though fee income declined sharply. ... Read full article

The new tax law took a one-time bite out of fourth-quarter results, but higher rates strengthened yields and new business boosted fee income. ... Read full article

The New York company recorded more than $130 million of expenses tied to its October purchase of Astoria Financial. ... Read full article

An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers. ... Read full article

The Pittsburgh company reported a noisy fourth quarter that included expenses tied to its purchase of Yadkin Financial and a reduction in the value of its deferred tax assets. ... Read full article

Flagstar Bancorp swung to a fourth-quarter loss as the company took an $80 million noncash charge to earnings because of the tax reform bill. ... Read full article

One-time tax adjustments helped offset ongoing declines in commercial and auto lending at the Cincinnati company. ... Read full article