News Topic: Revenue and expenses

An improved net interest margin helped offset a slight decrease in fee income at the Wisconsin company. ... Read full article

CEO Michael Corbat will need to lean heavily on credit cards and other consumer business lines, and keep driving down costs, to offset weaknesses in capital markets. ... 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

The Cleveland bank gave details on a program for trimming 5% in expenses next year in order to ensure its efficiency ratio goals are met. ... Read full article

The Minneapolis company said in an email to American Banker that it would reduce its headcount by approximately 1%, or about 740 positions, across the company. ... Read full article

The Connecticut company also reported modest loan growth and a greatly improved net interest margin. ... Read full article

The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin. ... Read full article

The North Carolina company reported slightly lower costs and a stable net interest margin in the third quarter. ... Read full article

Executives are reluctant to pull back on their big investments in technology, arguing they must stay competitive and that they have flexibility in other areas to trim costs if growth begins to stagnate. ... Read full article

Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns. ... Read full article

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank. ... Read full article

Declines in corporate banking and energy loans were part of the reason loan growth was light, but the Dallas bank reported strong earnings thanks heavily to fatter margins. ... Read full article

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs. ... Read full article

Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A. ... Read full article

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity. ... Read full article

The company, which reported a slight decline in loans, lowered its expenses during the first quarter. ... Read full article

Revenue increased 2.8% to $18.9 billion thanks to gains in equities trading and other factors, but the bank still wants to improve its efficiency ratio, which could get harder as the year goes on. ... Read full article

In an update on the Deposit Insurance Fund, FDIC staff said the fund's ratio of reserves to estimated deposits will likely reach the required 1.35% level by the second half of 2018. ... Read full article