News Topic: Earnings

The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February. ... Read full article

Andy Cecere is the new CEO-in-waiting at the Minneapolis bank, but interest in his future plans took a back seat as investors and others tried to get their heads around why the current boss, Richard Davis, is choosing to leave seven years before the ... Read full article

Northern Trust’s fourth-quarter profit surged due to higher trust fees, improved credit quality and the benefit accrued to its profit margin from an increase in short-term interest rates. ... Read full article

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month. ... Read full article

Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality. ... Read full article

The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses. ... Read full article

The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017. ... Read full article

Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted. ... Read full article

Higher lending for mortgages, construction and commercial real estate boosted Fulton Financial's profit. ... Read full article

Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions. ... Read full article

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking. ... Read full article

Improved credit quality also helped compensate for flat loan growth at the Dallas bank. ... Read full article

The San Francisco bank said Friday that it plans to close at least 400 branches over the next two years, part of an effort to reduce annual expenses by $2 billion. ... Read full article

JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges. ... Read full article

PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans. ... Read full article

The San Francisco private bank reported double-digit gains in originations and noninterest income that led to a nearly 30% increase in profits last quarter. ... Read full article

The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier. ... Read full article

Big banks report; Why Goldman is different ... Read full article