News Topic: Non-interest income

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Noninterest income from Paycheck Protection loans and mortgage refinancings isn't enough to make up for shortfalls elsewhere, and growth prospects are hard to identify. ... Read full article

Noninterest income from Paycheck Protection loans and mortgage refinancings isn't enough to make up for shortfalls elsewhere, and growth prospects are hard to identify. ... Read full article

The company's insurance arm, which recently bought a Texas-based insurance tech firm, is on pace to complete five deals this quarter. ... Read full article

With rates so low — after steep emergency Federal Reserve cuts in response to the pandemic’s fallout — banks will struggle to generate bread-and-butter interest income and asset-sensitive lenders will face substantial net interest margin contraction this ... Read full article

On Sep. 30, 2019. Dollars in thousands. ... Read full article

Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile. ... Read full article

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million next year. ... Read full article

Washington Trust warned that it could lose $3 million in annual revenue after two top advisers left to join a brokerage firm. Other banks are facing similar hits. ... Read full article

Net interest income rose just 1%, but the bank rode a surge in advisory and other fees to beat profit estimates. ... Read full article

On Jun. 30, 2019. Dollars in thousands. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

On Sep. 30, 2018. Dollars in thousands. ... Read full article

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments. ... Read full article

Nearly all banks need more fee income, and many have extra cash for investing in growth. Some have started buying up wealth management firms, while others have decided to pare back and specialize. ... Read full article

On June 30, 2018. Dollars in thousands. ... Read full article

The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses. ... Read full article