Earnings
Earnings
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Growth outside of its residential mortgage business contributed to Flagstar Bank beating first-quarter earnings estimates, company executives said.
April 25 -
The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007.
April 25 -
Strong gains in low-cost health savings account balances helped fuel loan growth at the Waterbury, Conn., company.
April 21 -
The Atlanta company's profits rose on stronger net interest income and investment banking income as well as a tax maneuver.
April 21 -
The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio, and it said its "satisfactory" CRA rating had been restored.
April 20 -
Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.
April 20 -
Stewart Information Services Corp. posted net income in the first quarter of $4.1 million, a turnaround from the $11.2 million loss one year ago.
April 20 -
MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.
April 20 -
Earnings per share fell a nickel short of estimates due in part to lower-than-expected revenue from the origination and sale of mortgages.
April 20 -
Texas Capital Bancshares sharply reduced the size of its loan-loss provision as credit quality improved in its energy loan book. That helped the Dallas bank post a 77% rise in first-quarter profit.
April 19