Regional banks

A survival guide for small regionals

10/23/19

Midsize players like BankUnited, BOK and Fulton Financial plan to rely on selective M&A, catering to niches overlooked by big banks, aggressive recruitment of commercial lenders and other strategies to stimulate revenue growth.

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Zions is latest regional to announce layoffs

10/23/19

Huntington Bancshares and U.S. Bancorp also said in recent days that they are eliminating jobs to reduce overhead and improve profits. With net interest margins shrinking and branch traffic continuing to decline, expect more banks to follow suit, analysts say.

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‘It’s time to be cautious’: Fifth Third CEO

10/22/19

Amid concern that an economic downturn is approaching, Greg Carmichael said that banks need to focus on credit quality and not worry about expanding their balance sheets.

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Synovus lowers loan growth outlook amid surge in CRE payoffs

10/22/19

The Columbus, Ga., company had been counting on increased volume to offset a squeeze in net interest margins.

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Huntington will lay off 150 to 200 workers

10/21/19

The Ohio company, scheduled to report third-quarter results Thursday, blamed the decision on the squeeze interest rates are putting on revenue.

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One regional bank’s plan to wait out the Fed

10/18/19

Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.

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BB&T-SunTrust merger closing could slip into 2020

10/17/19

The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.

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PNC’s expansion yields dividends ahead of schedule, executives say

10/16/19

The Pittsburgh company’s “branch lite” approach to retail and middle-market banking in new markets will break even sooner than expected and has had a noticeable impact on loans and deposits.

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U.S. Bancorp’s mortgage growth a good sign for banking

10/16/19

The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.

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Regional banks sound alarm over new interest rate benchmark

10/16/19

Executives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability.

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