Energy industry

‘Why the double standard?’: Comments of the week

06/23/17

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

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Why banks are wading back into energy lending

06/20/17

Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.

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Energy lender unveils far-reaching plan to address capital, credit woes

06/08/17

MidSouth Bancorp in Louisiana will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.

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Clock ticking for MidSouth to show it can stay independent

06/02/17

The Louisiana company's board has made it clear that independence is "not a God-given right" while charging new management with addressing energy loan issues, underwriting, capital and expenses.

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Iberiabank reports higher quarterly profit on cost control, rising rates

04/28/17

The Louisiana company also said that credit company in its energy portfolio improved during the first quarter.

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BBVA Compass’ profits spike on rising rates, energy sector recovery

04/27/17

The Sun Belt lender also increased fee income and kept expenses down in the first quarter.

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Big chargeoff blemishes solid quarter at Zions

04/24/17

Zions beat expectations on several bits of good news, but it reported about $30 million of chargeoffs tied to a single commercial borrower.

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Energy sector rebound fuels 1Q profit rise at Texas Capital

04/19/17

Texas Capital Bancshares sharply reduced the size of its loan-loss provision as credit quality improved in its energy loan book. That helped the Dallas bank post a 77% rise in first-quarter profit.

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Remaining cautious on energy credits at Hancock Holding

04/18/17

The Mississippi company reported loan growth but a dip in profits after a first-quarter acquisition, and it warned that it is on alert for any new “lag” in the energy sector.

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

04/18/17

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

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