Alex Graf

Several banks reported increases in allowances for credit losses, nonperforming assets and net charge-offs as they disclosed their first quarter earnings results.

InclusiveBANK would join Liberty Bank and Trust Co. as the only other minority deposit institution headquartered in New Orleans.

First Foundation reported the largest net loss on loan sales during the third quarter.

Credit unions account for the buyers in three of the state's four bank deals announced so far in 2024.

Analysts expect net interest margin compression in 2024 for 16 of the 20 largest banks.

Check fraud is surging, up over 200% from 2018–2022, according to Financial Crimes Enforcement Network data. US banks need to invest in check fraud prevention technology now or risk losing millions to criminals' more sophisticated schemes.

The fall of Iowa-based Citizens Bank marks the fifth US bank failure this year, the highest yearly total since eight banks failed in 2017. Significant losses in its commercial trucking portfolio led to the failure, the state regulator confirmed.

The fall of Iowa-based Citizens Bank marks the fifth US bank failure this year, the highest yearly total since eight banks failed in 2017. Significant losses in its commercial trucking portfolio led to the failure, the state regulator confirmed.

Total deposits in California declined by $375.31 billion year over year — the second-largest decline among the 50 US states and well above the US median decline of 4.8%. However, failures and M&A helped some banks gain massive market share.

Despite robust population growth metrics, there are only 15 banks headquartered in the state. That number will continue to dwindle as three are current acquisition targets.

The deal comes during a slowdown in industry consolidation.

The deal comes during a slowdown in industry consolidation.

A number of banks announced plans to trim their exposure to mortgage lending, or exit the lending segment completely, during the fourth-quarter 2022 earnings season.

A battle that began privately in November 2022 has now turned public as Abbott Cooper, founder and managing member of Driver, nominated himself and two other individuals to AmeriServ’s board and called for a

The mortgage industry will continue to face headwinds in 2023 and weigh on banks' fee income, but the challenged environment will also present M&A and talent acquisition opportunities for banks, according to industry experts.

Strong deposit franchises are more valuable than they have been in the past decade, one investment banker said.

Strong deposit franchises are more valuable than they have been in the past decade, one investment banker said.

During a recent industry conference, executives from some of the nation’s largest banks projected that credit quality may not normalize to pre-pandemic levels until 2024.

The transaction’s price-to-tangible common equity was 206.55%, compared to a median of 154% among 57 U.S. bank deals announced in 2022 where deal pricing was available, making it the seventh most expensive deal this year.

A spike in the number of banks with a Texas ratio above 100% during the third quarter was largely due to unrealized losses in available-for-sale portfolios.