Browsing: Banking
Cornerstone Capital Bancorp, a one-time independent mortgage banker that acquired a depository, has agreed to purchase another bank, Peoples Bancorp…
Key insight: Even amid challenging conditions for the auto industry, Ally Financial posted third-quarter earnings that outpaced analysts’ estimates.Supporting Data: Ally’s…
Forward look: Huntington boosted its 2025 financial performance estimates, moving forecasts for loan and deposit growth, along with spread and…
Key insight: Regional bank CEOs on Friday sought to ease the concerns of investors who’ve grown jittery about banks’ credit…
The enhanced Supplementary Leverage Ratio has for too long wrongly penalized low-risk market-making activity by U.S. banks. Targeted reforms come…
Key insight: Truist Financial reported third-quarter earnings Friday, with earnings per share that beat analysts’ estimates.Forward look: The regional bank…
Key insight: Regional bank stocks were punished in the markets on Thursday as investors got skittish over credit quality.Supporting data:…
Key Insight: KeyCorp CEO Chris Gorman welcomed the Trump administration’s deregulation of the banking industry.Expert Quote: “I’ve been really pleased…
Key insight: Bank regulators are rescinding principles that toughened large banks’ oversight of financial climate risk. Forward look: Expect the Trump…
Key insight: Commercial real estate loan exposure has been a headache for many banks in recent years, as office property…