Regional banks

State's economic strength boosts Bank of Hawaii profits

10/23/17

Hawaii's booming economy contributed to the Honolulu bank's 10% increase in loans and 9% increase in deposits in the third quarter.

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An important milestone reached at Citizens Financial

10/20/17

The Providence, R.I., company surpassed its goal for return on tangible common equity that it had set for itself after its initial public offering.

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Deposits, loans on rise at Associated Banc-Corp

10/20/17

The Green Bay, Wis., company's CEO predicted “mid-single-digit” annual loan growth after a third quarter that included a 10% increase in deposits and 4% rise in average loans.

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People's United reports higher profit that reflects recent acquisitions

10/19/17

The Connecticut company, which is nearing the threshold to become a systemically important financial institution, has bought three businesses in the past year.

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Amazon’s grocery expansion a threat to CRE, banks fear

10/19/17

With online retailers beginning to challenge the dominance of brick-and-mortar grocery stores, CRE loans to strip mails anchored by them look riskier.

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East West Bancorp's profit jumps 20% on strong loan growth

10/19/17

The $36.3 billion-asset bank reported double-digit growth in C&I loans, commercial real estate loans and specialty loans to the private-equity, entertainment and energy industries in the third quarter.

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Record revenue and profits provide a strong coda for Webster CEO Smith

10/19/17

Robust growth in net interest income, combined with a lower provision for loan losses, helped boost Webster Financial Corp.'s profits to a record $62.4 million in the third quarter, 26% higher than a year earlier.

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Signature Bank profits rise on lower provisions for taxi loans

10/19/17

The New York bank's total loans rose 8% to $31 billion from a mix of commercial real estate and specialty finance credits.

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Mortgages, tech expense create drag at Umpqua

10/19/17

Net income for the Oregon regional bank was $61.3 million, a slight decline from the same quarter last year. It earned 28 cents per share and fell short of analysts’ expectations,

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Hancock in Miss. announces rebranding effort, higher earnings

10/18/17

The company, which plans to change its name to Hancock Whitney next year, reported increased profit that reflected balance sheet growth.

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