Banking
151 results total, viewing 101 - 110
Banco Santander SA, Spain’s biggest bank, said fourth-quarter profit more than doubled as it made fewer provisions for bad loans and income increased in the U.K. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
Royal Bank of Scotland Group PLC set aside a further 3.1 billion pounds ($5.1 billion) to cover legal and compensation claims as the British government struggles to recoup the cost of bailing out the lender. more
ROCKLAND, Mass. - Independent Bank Corp., parent of Rockland Trust Co., recorded an increase of 17.9 percent in earnings in 2013 over the previous year, the bank announced Thursday. Net income for … more
Customer Bankcorp Inc., parent company of Customers Bank, reported a 37.4 percent jump in earnings in 2013 over the previous year, the bank announced Thursday. Net income for 2013 was $32.7 million, or $1.47 per diluted share, compared with $23.8 million, or $1.78 per diluted share, in 2012. more
Bank of America Corp. CEO Brian T. Moynihan said trading operations were profitable almost every day last quarter as the lender helped clients adjust to the prospect of higher interest rates. more
Webster Financial Corp., parent company of Webster Bank, posted a profit increase in 2013 over the previous year, with growth in commercial lending highlighting the increase, according to the bank’s fourth-quarter and year-end earnings report released Friday. more
Coastway Bancorp, the parent company of Coastway Community Bank, became a publicly traded company today, listed on the Nasdaq exchange under the symbol CWAY. The bank offering of $48.3 million in stock is listed at $10 per share. more
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much as $1.56 billion in an initial public offering. more
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