While stress testing can provide valuable insight into the strength and resilience of our financial system, regulators are increasingly acknowledging shortcomings in the post-crisis regime.
Huntington executives are surprised that chargeoffs are still so low and say they're prepared for things to get worse, yet they remain aggressive in auto and other categories. The juxtaposition is a sign of the times for lenders.
Loan growth drove the New York bank’s 20% increase in third-quarter earnings, and those results don’t include its acquisition of Astoria Financial this month.
Banks are swapping out long-term holdings for short-term securities to manage interest rate risk. But in the process, they are sacrificing yield — and ammo they might need to pay more for deposits to retain customers.
The Cincinnati bank's total loans fell 2% and its adjusted fee income dropped 4%, but its top line was strong because of higher interest rates and the gain from a sale of more Vantiv shares.
The Salt Lake City bank reported strong 3Q results despite unexpected expenses tied to hurricane damage in its Texas market, and it vowed to stay on track in meeting its cost-savings goals.
