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The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.
October 24
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Net income at the Livingston, N.J., company climbed 67% due to a variety of one-time items tied to its ongoing restructuring.
October 24
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Fannie Mae is staging more pilot projects with lenders and vendors, including one that consolidates submissions of different types of loan data potentially eligible for immediate representation and warranty relief.
October 23
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Hawaii's booming economy contributed to the Honolulu bank's 10% increase in loans and 9% increase in deposits in the third quarter.
October 23
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Fannie Mae is authorizing additional suppliers of reports that can give lenders immediate representation and warranty relief on certain data, diversifying beyond an exclusive partnership with Equifax in one category.
October 23
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SunTrust’s yields have improved as it has increased its credit-card and student lending and made more online personal loans through its LightStream subsidiary.
October 20
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The $36.3 billion-asset bank reported double-digit growth in C&I loans, commercial real estate loans and specialty loans to the private-equity, entertainment and energy industries in the third quarter.
October 19
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Net income for the Oregon regional bank was $61.3 million, a slight decline from the same quarter last year. It earned 28 cents per share and fell short of analysts’ expectations,
October 19
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Total loans fell 1.6% at the North Carolina-based regional bank, which has been scaling back in key segments such as residential mortgages and auto. Wider margins offset that reduction, but earnings were flat and revenue growth small.
October 19
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Bank of America set aside $100 million in its reserves for representation and warranty claims ahead of a pending settlement to resolve legacy mortgage issues.
October 13
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Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets.
October 13
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The Pittsburgh company benefited from loan growth and higher interest rates, though fee income fell and expense rose in the third quarter.
October 13
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Wells Fargo took a surprise $1 billion charge in the third quarter for previously disclosed pre-crisis, mortgage-related regulatory investigations. It contributed to a 19% fall in profits.
October 13
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JPMorgan Chase reported a rise in value of its mortgage servicing rights despite lower originations in this year's third quarter.
October 12
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A 38% increase in new loan originations led to another quarter of record earnings.
October 11
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Demand for commercial loans has been weak for much of the past year and among the big questions bank executives will face this earnings season is when they can expect the pace to finally pick up.
October 10
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The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business.
October 5
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Ginnie Mae will more closely examine liquidity at all issuers in response to complaints by the HUD inspector general that it would be vulnerable to defaults at nonbanks it does business with.
September 27
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A slight decline in core deposits in the second quarter stoked worries that tighter liquidity is around the corner. Bankers are exploring responses beyond the typical CD rate special if third-quarter results show the trend is continuing.
September 22
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Higher net interest income and modest growth in expenses helped boost bank earnings by 10.7%, the FDIC said in its Quarterly Banking Profile.
August 22
