Energy industry

Rate hike, hedging strategies boost Regions Bank's 1Q earnings


The Birmingham, Ala., company's profit climbed 8% as as higher market interest rates and investment securities balances offset lower average loan balances.


BNP Paribas sells stake in Dakota Access pipeline


The French megabank has sold its $120 million stake in a $2.5 billion syndicated loan to build the controversial Dakota Access pipeline.


Tennessee is latest battleground for controversial energy loan program


Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.


Can bank divestment stop the Dakota Access Pipeline?


Activists are pressuring banks involved in financing the controversial Dakota Access pipeline to abandon the project by threatening to withdraw their money and sever business ties. Can that tactic change how banks approach lending – and what does it mean for banking if it can?


BBVA Compass reports balanced quarterly growth, reduced energy book


The company continued to reduce its exposure to energy loans during the fourth quarter.


Energy slump is over, as far as Texas banks are concerned


Even with some energy firms still struggling, bankers seemed confident that the Texas economy would remain one of the nation’s strongest in 2017.


Zions' 4Q profit climbs 42% on loan, fee growth


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


Energy’s rebound bolsters Hancock’s 4Q profit


An improving picture in the energy sector helped Hancock Holding in Gulfport, Miss., report a huge jump in fourth-quarter profit.