News Topic: Earnings

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion. ... Read full article

Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC. ... Read full article

Profits at the Midwestern bank fell on lower adjusted noninterest income and loans and on a one-time item. ... Read full article

Net income was also aided by a sharp drop in the provision for credit losses as chargeoffs on energy loans continued to decline. ... Read full article

Expanded lending across a broad range of categories and extremely low unemployment in Hawaii pushed up the Honolulu bank's quarterly profit. ... Read full article

The Stamford, Conn., credit card issuer reported net income of $576 million, up 5.3% from the same period a year earlier. ... Read full article

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased. ... Read full article

Quarterly profit improved despite a spike in noninterest expenses. ... Read full article

CEOs at several regionals have decided to sit on the sidelines so they can digest recent big acquisitions, while others are contemplating going for more deals provided they find lower-risk opportunities. ... Read full article

Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on an 11% increase in noninterest income and on lower credit costs. ... Read full article

American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans. ... Read full article

The Connecticut bank said a spike in business lending and residential mortgages gave its fourth-quarter earnings a boost. ... Read full article

Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income. ... Read full article

Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y. ... Read full article

The New York bank weathered headwinds in its taxi-medallion portfolio to post double-digit growth in earnings and net interest income during the fourth quarter. ... Read full article

House Republicans charge CFPB director broke federal law in effort to fire him; consulting firms total the costs and savings from technology; German chemist finds the secret behind money's aroma. ... Read full article

A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue. ... Read full article

Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending. ... Read full article