Expense management

Six ways community banks are boosting bottom lines

05/10/17

The recent earnings season shined a light on community bankers’ tactical moves. Here’s a look at what some institutions are planning in coming months.

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Wells Fargo feels heat to cut more costs

05/10/17

After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.

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OnDeck’s new strategy shows online lending’s go-go days are over

05/08/17

Once focused mainly on growth, the New York-based small-business lender said it will lay off employees and cut other expenses in an effort to become profitable. The moves are a sign of waning patience among investors in the once-frothy sector.

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Higher expenses soften gains at Investors Bancorp

04/28/17

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

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Fifth Third pressed to fine-tune the big picture

04/27/17

The Cincinnati bank's profit-improvement plan is as detailed as it gets, but there is an argument to be made it is heavy on metrics and light on vision.

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F.N.B. absorbs lower short-term profit after completing Yadkin deal

04/25/17

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

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Fifth Third sheds auto and C&I loans as profits fall

04/25/17

The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.

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Regionals’ coping strategy: Cost-cutting, innovation, a lot of patience

04/20/17

Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.

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U.S. Bancorp's Cecere grilled on costs, auto risk in first call as CEO

04/19/17

New boss Andy Cecere's first year on the job will likely be defined by how he tackles the challenges in front of him, including keeping the company’s highly watched efficiency ratio in check and managing pitfalls in auto-lease financing.

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Higher rates a mixed blessing for Wintrust in first quarter

04/19/17

Wintrust’s mortgage revenues fell in the first quarter, but net interest income picked up the slack.

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