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 -
The Mississippi company's first-quarter earnings rose 60% from a year earlier. Its results from last year were weighed down by a settlement with regulators.
April 19 -
Mortgage bankers' first-quarter earnings should be down from the fourth quarter in tandem with the reduction in origination volume.
April 19 -
Wintrust’s mortgage revenues fell in the first quarter, but net interest income picked up the slack.
April 19 -
The hand-wringing over business lending has overshadowed the fact that consumer lending — particularly for regional banks — has become a strong and steady engine of growth.
April 18 -
Bank of America's year-over-year loan growth was slow, but parts of its commercial and U.S. consumer businesses were strong, prompting optimism from the CEO in the face of lackluster numbers across banking so far this earnings season.
April 18 -
The Birmingham, Ala., company's profit climbed 8% as higher market interest rates and investment securities balances offset lower average loan balances.
April 18 -
The Columbus, Ga., company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One.
April 18 -
Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.
April 13 -
Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.
April 13 -
First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.
April 13















