Earnings

Loan growth will be an afterthought this earnings season

01/08/20

With loan demand weak due to factors beyond their control, small-bank execs can expect to field lots of questions about capital and expense management.

[more]

UBS is latest to downgrade shares of big banks

01/07/20

Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.

[more]

Banks under mounting pressure to increase deposits per branch

12/26/19

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

[more]

BofA adds to holiday cheer; AI could be a savings tool

12/12/19

The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

[more]

Good quarter for banks?; HSBC settles U.S. tax evasion case

12/11/19

JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.

[more]

Sterling in Michigan suspends mortgage program

12/09/19

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

[more]

TD, CIBC earnings misses cap hard quarter for Canadian banks

12/05/19

The country's top six banks were sideswiped by rising provisions for soured loans and slumping capital markets.

[more]

OCC takes a shot at Wells; Warren targets bank mergers

12/05/19

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

[more]

RBC's profits fall amid tough times for investment banking

12/04/19

The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.

[more]

Bank of Montreal takes job-cuts charge in drive for lower costs

12/03/19

Bank of Montreal's drive to improve efficiencies has come with a cost: C$357 million, along with more job cuts.

[more]