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Nearly 70% of U.S. adults between the ages of 26 and 40 said their earnings had been negatively affected by the outbreak, about 10 percentage points higher than other age groups. [ABSTRACT FROM AUTHOR]

Nearly 70% of U.S. adults between the ages of 26 and 40 said their earnings had been negatively affected by the outbreak, about 10 percentage points higher than other age groups. [ABSTRACT FROM AUTHOR]

Nearly 70% of U.S. adults between the ages of 26 and 40 said their earnings had been negatively affected by the outbreak, about 10 percentage points higher than other age groups. [ABSTRACT FROM AUTHOR]

The coronavirus pandemic has had a greater impact on the finances of millennials than other age groups. Of those who said their income had been negatively impacted, 22% of U.S. millennials said they have lost their jobs, 6 percentage points higher than other generations, and almost half said their work hours had been reduced, compared with 32% for other groups. [Extracted from the article]

The article reports on the sale of the Beach Community Bank in Fort Walton Beach, Florida after bankruptcy proceedings.

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives. [ABSTRACT FROM AUTHOR]

The article reports on MidSouth Bancorp's plan to raise capital and address issues with energy credits. Topics covered include a restructuring plan that will cut jobs, close branches and reduce the bank's quarterly dividend, Jim McLemore's appointment as permanent chief executive officer, and credit-related losses that the company expects to incur over the life of loans in its portfolio. Also mentioned are plans to reduce energy exposure from a percentage of total loans.

The article discusses developments in the U.S. banking industry as of June 2017, particularly the move by some bankers to work at financial institutions specializing in the music industry. Also cited are the need by bankers to have vast experiences in such fields as royalties and copyrights to become successful, the high wages for music industry jobs, and the comment by SunTrust Banks' Ashleigh Overly on the developments.

The article reports on lower profits reported by Astoria Financial in Lake Success, New York for the fourth quarter of 2016.

The article reports on the 15% decline in the fourth-quarter profits of Astoria Financial in 2016.

The article reports on the 22% decline in the third-quarter earnings of bank holding company KeyCorp in 2016 as a result of merger-related costs.

The article reports on the increase in third quarter 2016 earning of BancorpSouth in Tupelo, Mississippi driven by higher year-on-year (YOY) net interest and fee revenues. Topics include rise in consumer mortgage portfolio, net interest margin drop with increased revenue as well as positive mortgage servicing rights (MSR) valuation adjustment. Also mentioned are decline in total nonperforming asset value, credit posting and downgraded Community Reinvestment Act (CRA) rating.

The article highlights the financial performance of Synovus Financial in the third quarter of 2016, including earnings, net interest income, and noninterest expense.

The article discusses community bank executives' outlook on loan growth in 2017 according to a survey conducted by Promontory Interfinancial Network, a provider of balance-sheet and liquidity-management products and services. Topics covered include the increased confidence among some corporations to take out loans due to the economic recovery of the U.S., indications that loan growth in 2017 will slacken compared with 2016, and factors affecting loan demand such as global economics.

The article reports on the financial performance of financial services company Synovus Financial Corp. as of the first quarter of 2016, highlighting the decline of its profits and earnings as personal expenses and salaries increased.

The article reports on the financial performance of American banking company BancorpSouth Bank Inc. in the fourth quarter of 2015 on topics including the decline of its profit due to a class-action settlement, increase in net revenue and increase in noninterest expenses.

The article discusses the implications of persistent low crude oil prices on syndicated loans in the U.S. Topics discussed include the review of many energy loans through the shared national credit exam, downgrades in several portfolios as banks have already received individual results from their shared national credit exams, and the view that improved quality with shared national credits could be undermined by troubles in the energy market.

The article reports on the financial performance of financial services company Synovus Financial Corp. as of the second quarter of 2015, highlighting the increase of its profits that tied to its lower loan-loss provision and the reduction of its net interest income.

The article discusses the capacity of small banks to provide impressive returns. Topics covered include the difficult conditions faced by smaller banks for increasing earnings, how artificially low interest rates are squeezing margins, and the increasing regulatory costs. Also mentioned are the intense competition and the noninterest expenses at high-performance banks.

KeyCorp in Cleveland reported a drop in first-quarter earnings as expenses and its provision for loan losses crept up. [ABSTRACT FROM AUTHOR]

The article reports that U.S. banks are facing problems related to agricultural lending due to a fall in prices of agricultural commodities. Topics discussed include a reduction of income of farmers due to the fall in prices, the views of Gary Schnitkey, professor at the University of Illinois at Chicago, on reducing costs of fertilizers and the role of the Federal Agricultural Mortgage Corp. in allowing banks to make long-term loans by buying mortgages on agricultural lands.

PacWest needed deposits to fuel its lending machine. Square 1 was drowning in liquidity. Similar deals could be in the works as low-cost deposits become more valuable in light of likely interest-rate increases. [ABSTRACT FROM AUTHOR]

The article discusses the analysis made by American Banker on 310 institutions showing a 15% increase in the size of community banks' loan portfolios in the third quarter of 2014 versus 2013, but noting that the growth is beginning to decelerate. Topics mentioned include the stronger revenue reported by small banks, the bankers' claim of constructing more commercial-and-industrial loans, and the observed comeback of lending tied to commercial real estate. Also cited is Needham Bank's recovery.

The article discusses the submission of a capital restoration and contingency plan by Doral Financial in San Juan, Puerto Rico, to the U.S. Federal Deposit Insurance Corp. (FDIC), regarding the company's request for a tax refund from the Puerto Rican Treasury Department.

The article discusses decreased revenue reported by banking company KeyCorp in Cleveland, Ohio, mentioning third-quarter earnings and net interest margins.

The article discusses the financial performance of U.S. regional banks including PNC Financial Services Group and KeyCorp and focuses on bank industry revenue and the U.S. interest rate. Topics include increasing net interest income, fee income, and improving banks' efficiency ratios through expense reduction efforts.

The article offers an outlook on the financial performance of community banks in the U.S. for the third quarter (3Q) of 2014. It discusses the potential for these banks to report stable net interest margins despite strong competition for the best credits. It also outlines the views of Old National Bancorp. chief financial officer Christopher Wolking, Sandler O'Neill + Partners LP analyst Scott Siefers, and Vitex Inc. president David Powell.

The article discusses Salt Lake City, Utah's banking company Zions Bancorp's desire to raise $525 million in capital, focusing on the company's need to satisfy concerns that they won't be able to survive a large economic downturn. Other topics include interaction between Zions and the U.S. Federal Reserve Board, pricing of shares of Zions Bancorp, and analysis of Zions maneuver by bank analysts Brian Klock and Kevin Barker.

The article discusses the efforts of community banks to adjust their marketing and products to appeal to young adult customers, focusing on the financial activity and banking needs of people from Generation Y. Other topics include technological offerings of community banks, research into Generation Y's financial activity such as what accounts they use, how they spend money, and how they manage money, and things Generation Y is looking for in a bank.

The article reports that Synovus Financial of Columbus, Georgia, announced an increase in its quarterly earnings as of July 23, 2014, due to loan growth and lowered credit costs.

The article discusses the regional banks KeyCorp (KEY), Fifth Third Bancorp (FITB), Webster Financial (WBS), and M&T Bank (MTB) and their efforts to cut expenses. Topics include the effect of cost cuts on investor interest, mention of actions affecting spending such as branch closures, legal expenses, and part-time consultants, and mention of the banks' efforts to decrease expenses.

The article reports that the bank KeyCorp (KEY) of Cleveland, Ohio, announced increased second quarter earnings from 2013 to 2014 due to fees in investment banking and debt placement.

The article examines the banking industry in Maryland, focusing on its community banks. The likelihood community banks located in the suburbs of Washington, D.C. will be acquired by larger banks attracted by the economic growth of that region is examined. Maryland's prosperous economy is contrasted with the low rate of return on stocks of the state's banks due to low interest rates.

The article focuses on Puerto Rican banking industry company Popular Inc. The bank's repayment to the U.S. of $395 million in loans from the Troubled Asset Relief Program (Tarp) is discussed as an indication that it did well in its 2014 stress test bank examination and as an improvement in its overall finances.

The article discusses a shift in emphasis by financial firm Astoria Financial away from residential mortgage lending in favor multi-family and commercial real-estate loans. Chief executive Monte Redman says his goal is for such loans to account for close to 45% of Astoria's loan portfolio by the end of 2015.

The article discusses small banks that have gone public as of May 2014 in the U.S. and looks at the performances of the initial public offerings (IPOs) of the banks. Topics include the trading values of banks going public, investors' attitudes towards small banks, and the correlation between going public and the desire to grow and acquire other banks.

The article discusses Doral Financial company's options for raising its capital ratios after Puerto Rico's Treasury Department denied the company's refund claim for $230 million in overpaid taxes in May 2014. The discussion topics include Doral's 2012 agreement with the government to reclassify money from an earnings restatement, recapitalization of Doral, and selling assets or the whole company. The Federal Deposit Insurance Corp.'s 2012 consent order with Doral is also noted.

The article focuses on Zions Bancorporation, a Salt Lake City, Utah company that failed the federal government's March 2014 stress tests, and also notes the remarks of Zions' chief executive officer Harris Simmons and chief financial officer Doyle Arnold during their April 21 conference call with analysts. The topics include the consumer finance company's Tier 1 common capital ratio, the government's Comprehensive Capital Analysis Review, and the company's first-quarter 2014 earnings.

The article focuses on Zions Bancorporation, a Salt Lake City, Utah company that failed the federal government's March 2014 stress tests, and also notes the remarks of Zions' chief executive officer Harris Simmons and chief financial officer Doyle Arnold during their April 21 conference call with analysts. The topics include the consumer finance company's Tier 1 common capital ratio, the government's Comprehensive Capital Analysis Review, and the company's first-quarter 2014 earnings.

The article focuses on the first-quarter 2014 financial performance of Fifth Third Bancorp, BB&T, and KeyCorp and on the remarks of these U.S. regional banks' chief executive officers Kevin Kabat, Kelly King, and Beth Mooney during conference calls with analysts. The topics include cost control, noninterest income, bank mergers, and the outlook for commercial lending. Also noted are the banks' closing share prices on April 22, 2014.

The article looks at the first-quarter 2014 financial performance of Zions Bancorporation in Salt Lake City, Utah which reported a net interest income of $76.2 million. The article notes the consumer finance company's net interest income, net interst margin, pretax gain from the sale of collateralized debt obligation securities, and negative loan-loss provision. It also notes a press release from chairman Harris Simmons about capital levels and loan growth.

The article focuses on the first-quarter 2014 financial performance of Fifth Third Bancorp, BB&T, and KeyCorp and on the remarks of these U.S. regional banks' chief executive officers Kevin Kabat, Kelly King, and Beth Mooney during conference calls with analysts. The topics include cost control, noninterest income, bank mergers and the outlook for commercial lending.

The article looks at the first-quarter 2014 financial performance of KeyCorp in Ohio which reported earnings of $236 million and notes the bank's noninterest income and expense, revenue, cash efficiency ratio, and total average loans.

The article focuses on U.S. Bancorp in Minnesota, PNC Financial in Pennsylvania, and Huntington Bancshares in Ohio, noting their first-quarter 2014 financial performance and also the perspectives of their chief financial officer Andrew Cecere, chief executive officer (CEO) William Demchak, and CEO Stephen Steinour, repectively. The topics include niche markets in the regional banking sector, overdraft fees, and cost control.

The article looks at the first-quarter 2014 performance of Huntington Bancshares which reported earnings of $149.1 million and notes the Columbus, Ohio company's noninterest income and expenses, revenue, net interest income, and amount of loans.

The article focuses on two U.S. legislative bills, the Mutual Bank Choice and Continuity Act of 2014 and the Mutual Community Bank Competitive Equality Act, which will create capital certificates that qualify as common equity and can be used to raise capital. The article notes the remarks of industry observers Robert Oeler, Kip Weissman, Richard Schaberg, Bob Davis, and Douglas Faucette. It also notes which bill is supported by the American Bankers Association.

The article discusses the U.S. Small Business Administration's (SBA's) 7(a) loan program as of March 2014 from the perspective of industry observers including Arne Monson, Tony Wilkinson, and James Ballentine, noting that industry groups want the SBA's fiscal year 2015 budget increased to $19 billion. The topics include the SBA's lending cap on the loan program, the amount of waived fees for 7(a) loans which benefit community banks, and the impact of a government shutdown on loan volume.

The article states that four private-equity investors, affiliated with the Blackstone Group, the Carlyle Group, WL Ross & Co., and Centerbridge Partners, sold their remaining stakes in Florida company BankUnited, according to a March 7, 2014 report from BankUnited.

The article examines a trend in the U.S. banking industry in which community banks are expending their banking correspondent services in which they make loans to other banks. The ability of smaller community banks to manage the customer relationships which are important to correspondent services is discussed. Opus Bank of Irvine, California is among the examples cited.

The article discusses the U.S. community banking industry as of February 2014 with a focus on community banks' regulatory costs and the increase in small-bank mergers. The discussion topics include factors that are forcing banks to consider selling themselves, the issue of implementing new regulations like the qualified mortgage rule, and the effect of compliance on succession planning. Agricultural credits and lending limits on farm loans are also mentioned.