News Topic: Earnings

The Birmingham, Ala., bank has been cutting exposure to indirect auto, multifamily and medical office lending, categories it deems high-risk. ... Read full article

The Ohio company also reported that credit quality metrics remain well within its targeted range. ... Read full article

Payments company rises as hot premium cards fly under its banner; despite the improvements, analysts have concerns about growing credit quality issues. ... Read full article

Increased dealings in direct consumer lending and guaranteed student loans offset a decline in mortgage-related income. A lower loan-loss provision also helped the bottom line. ... Read full article

But the Connecticut company says the efficiencies of its recent acquisition of Suffolk Bancorp will begin to be realized soon. ... Read full article

The $482 million deal would be Associated's first bank acquisition since June 2007. ... Read full article

The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions. ... Read full article

The McLean, Va., lender, which has substantial exposure to subprime consumer loans, also added to its provision for credit losses. ... Read full article

The California lender, which specializes in trade finance, reported strong growth in commercial and other lending categories last quarter, and it urged the Trump administration to seek fair trade deals with China. ... Read full article

The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value. ... Read full article

Clearing services, assets under custody and administration and other parts of the trust bank's operations rose in the second quarter, all good news as it shifts leadership from Gerald Hassell to former Visa CEO Charlie Scharf. ... Read full article

The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth. ... Read full article

KeyCorp also recorded a gain after buying the remaining ownership interest in a merchant services joint venture. ... Read full article

Acting Comptroller Keith Noreika says his agency is prepared to defend its authority to grant banking licenses to fintech firms; lawmakers hopeful they can block anti-arbitration rule before it takes effect. ... Read full article

The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter. ... Read full article

The New York commercial lender's move sets the stage for a potential bulk sale of the taxi loans and an exit from the troubled business line. ... Read full article

Second-quarter profit improved modestly at Northern Trust as severance costs offset growth in trust and institutional services. ... Read full article

The Tennessee company reported higher profit that reflected its June purchase of BNC Bancorp and nearly $670 million of organic loan growth during the second quarter. ... Read full article