The president’s signature tax reform law muddled this year’s stress test results, causing several banks to incur greater-than-expected losses and spurring the Federal Reserve to constrain capital distributions at a handful of banks. ... Read full article
All 35 banks passed the Federal Reserve's first round of tests, but their results were not as stellar as last year's. ... Read full article
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
Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers. ... Read full article
The company will also record a charge tied to the impairmant of its deferred-tax asset. ... Read full article
The tax reform legislation approved by Congress on Wednesday and expected to be signed by President Trump soon is mostly good news for banks, but many will have to take big charges in the fourth quarter as a result. ... Read full article
With tax reform close to the finish line, bankers are still clear winners from the compromise worked out between House and Senate negotiators. But the bill includes some caveats that might give institutions pause. ... Read full article
The company also said it is likely that tax reform legislation being considered by Congress would substantially reduce the valuation of its deferred-tax asset. ... Read full article
Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around. ... Read full article
The company did not disclose the size of the expected valuation allowance because it is still assessing the amount. ... Read full article
