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$SNV's total loans for 3Q16 increased by 6.4% to $23.26Bil from last year. This was driven by a 15.6% growth in retail loans, a 4.7% rise in commercial and industrial loans and a 3.6% increase in commercial real estate loans. Total average deposits rose 5.1% to $24.03Bil, on a 7.8% increase in average core transaction accounts.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.