The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio. ... Read full article
NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects. ... Read full article
Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers. ... Read full article
The elimination of a key deduction that had worked as a cap on CEO salaries, combined with investor pressure to maintain performance incentives, could lead to an upward drift in compensation for top executives of many banks. ... Read full article
Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy. ... Read full article
Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk taking persist or return. ... Read full article
Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative. ... Read full article
Increases in charitable donations will be more important than ever for bank reputations, as tax breaks and a lighter touch from financial regulators rekindle public anger about the financial crisis. ... Read full article
Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list. ... Read full article
Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of this year. ... Read full article
The purchase will significantly increase Hancock's assets under management and administration. ... Read full article
The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018. ... Read full article
John Turner, the head of the Birmingham, Ala., company's corporate banking group, takes over the president's title from Chairman and CEO Grayson Hall. ... Read full article
The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City. ... Read full article
The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year. ... Read full article
The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance. ... Read full article
Fifth Third last bought a bank in 2008, but CEO Greg Carmichael says "strategic bank M&A absolutely makes sense," and the Cincinnati bank is poised to clear up a blot on its regulatory record that blocked dealmaking. ... Read full article
The fires are raging in Los Angeles and Venture counties, prompting a state of emergency by California's governor. ... Read full article
As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers. ... Read full article
During an industry conference Tuesday, executives from PNC, Wells Fargo, JPMorgan Chase and elsewhere offered differing takes on whether the Republican tax plan will boost loan demand. ... Read full article
