$HBHC (Hancock Holding Company)

$HBHC {{ '2016-03-29T08:43:56+0000' | timeago}} • Announcement

Financial services company $HBHC said due to the prolonged energy cycle there were downgrades on over $300MM in outstanding energy credits that have been identified, which will require about $45MM in additional provision expense in 1Q16. Company expects total provision for credit losses of about $58-62MM in the quarter.

$BAC {{ '2018-01-17T14:59:23+0000' | timeago}} • Announcement

Net interest income grew 11.4% to $11.46Bil for $BAC in 4Q17. This was primarily driven by three interest rate increases in 2017. However, non-interest income fell 7% to $9Bil due to the impact of the tax act and lower mortgage banking income.

$BAC {{ '2018-01-17T14:54:10+0000' | timeago}} • Announcement

$BAC said its trading revenue for 4Q17 fell 11% to $2.5Bil, driven by a 13% decline in fixed income trading. The decline was primarily due to lower volatility and client activity. Earlier, rivals $JPM and $C had reported declines in bond trading of 34% and 18% respectively in 4Q17.

$BAC {{ '2018-01-17T14:45:46+0000' | timeago}} • Announcement

Joining the bandwagon of other banking giants, $BAC reported 4Q17 earnings that almost halved to $2.37Bil, or 20 cents per share, weighed down by charges related to Republican tax reforms, as well as lower trading. Excluding this charge, net income was 47 cents per share. Revenue for the quarter edged up 2% to $20.4Bil.

$BAC {{ '2018-01-17T13:32:50+0000' | timeago}} • Infographic

$BAC Bank of America Earnings AlphaGraphic: Q4 2017 Highlights

$ASB {{ '2018-01-16T17:33:49+0000' | timeago}} • Announcement

$ASB appointed Steve Bamberger as assistant VP, residential loan officer-small markets, in Consumer and Business Banking of Associated Bank. He is responsible for originating residential mortgages.

$BLK {{ '2018-01-12T14:23:06+0000' | timeago}} • Infographic

$BLK BlackRock Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$FNB {{ '2018-01-11T21:05:36+0000' | timeago}} • Announcement

Financial services company $FNB has appointed Bryant Mitchell as EVP of Capital Markets and Specialty Finance Businesses. He will report to Chief Wholesale Banking Officer Robert Moorehead. In the past, Mitchell had held several key leadership roles in leading organisation.

$BAC {{ '2018-01-08T20:37:25+0000' | timeago}} • Announcement

$BAC announced that Joe Gianni will succeed Kevin Cunningham as Market President, serving as the company’s enterprise leader in Hartford. Cunningham will focus full-time on his new responsibilities as the Global Commercial Bank Credit executive for Specialized Industries and Canada.

$WBS {{ '2018-01-04T14:23:40+0000' | timeago}} • Announcement

$WBS announced an acceleration of investment in its employees and the communities it serves following the passage of new federal tax reform legislation. These include: lifting minimum wage to $15 per hour by the end of 2018, and payment of one-time $1,000 cash bonus in 1Q18 to full-time employees who are below the vice president level.

$WBS {{ '2018-01-04T14:02:34+0000' | timeago}} • Announcement

$WBS said it will pay a one-time $1,000 cash bonus in 1Q18 to full-time employees who are below the vice president level. This payment will benefit approx. 70% of all the company’s full-time employees. $WBS will also increase its minimum wage to $15 per hour by the end of 2018.

$BXS {{ '2018-01-04T12:15:00+0000' | timeago}} • Announcement

$BXS announced an additional investment in its employees, which includes pay increases and /or one-time bonuses to nearly all non-commissioned employees. The investment of over $10MM in 2018 will benefit 96% of the company's non-commissioned workforce. Pay increases were effective Jan. 1, 2018.

$WBS {{ '2018-01-03T17:37:51+0000' | timeago}} • Announcement

$WBS named Frederick Smith as Controller of Webster Bank and Webster Financial Corporation. As Corporate Controller, Smith will serve as a senior leader within $WBS's Accounting Department and oversee the corporation's accounting operations, close and consolidation, and financial reporting activities.

$BLK {{ '2018-01-03T15:47:37+0000' | timeago}} • Announcement

$BLK's iShares inflows grew 19% organically to $246Bil in 2017 over 2016's $140Bil. Global AUM  of iShares grew to $1.754 trillion at 2017-end from $1.3 trillion at 2016-end. Global investors drove record growth in US iShares. BlackRock projects that global ETF market will more than double in AUM by 2022.

$BXS {{ '2018-01-02T22:24:34+0000' | timeago}} • Announcement

$BXS announced that its subsidiary BancorpSouth Insurance Services, Inc. is undergoing a name change. Effective January 1, 2018, the insurance group is now BXS Insurance.

$ZION {{ '2018-01-02T13:52:26+0000' | timeago}} • Announcement

$ZION plans to contribute $12MM to ions Bancorporation Foundation, which is expected to benefit local communities in which Zions does business. $ZION expects to incur rise in non-interest expense in 4Q17 of about $12MM as a result of contribution to the Foundation, while compensation adjustments are expected to be incorporated into 2018 expense.

$ZION {{ '2018-01-02T13:51:04+0000' | timeago}} • Announcement

$ZION said it is lifting ongoing compensation for more than 40% of its employees as of Jan. 1, 2018, and providing nearly 80% of employees with $1,000 bonuses during 2018, as a result of the Tax Cuts and Jobs Act of 2017.

$BXS {{ '2017-12-27T12:52:19+0000' | timeago}} • Announcement

Financial services provider $BXS said the Federal Deposit Insurance Corp. and the Mississippi Department of Banking and Consumer Finance have accorded regulatory clearance for closure of the merger of Louisiana-based Ouachita Bancshares and Central Community Corp, Texas, with and into it. The transaction is expected to close on January 15, 2018.

$BBT {{ '2017-12-22T18:48:22+0000' | timeago}} • Announcement

$BBT announced additional investments in its associates and communities made possible through the tax reform package recently signed into law. The total cost of the program is $152MM, with $15MM related to pay rate increases, $37MM (including fringes) as a one-time bonus and $100MM to $BBT's philanthropic fund.

$ASB {{ '2017-12-19T20:01:14+0000' | timeago}} • Announcement

$ASB said Breck Hanson, vice chairman of the bank and Chicago market president, will retire from his position on December 31, 2017. Rod A. Murray, senior vice president, Commercial Banking business segment leader, was named as Chicago market president.

$HBHC {{ '2017-12-18T17:30:43+0000' | timeago}} • Announcement

$HBHC's subsidiary Whitney Bank agreed to buy trust and asset management business of Capital One, a banking subsidiary of $COF. The transaction is expected to be immediately accretive to GAAP EPS and meets or exceeds $HBHC's minimum thresholds for Internal Rate of Return and Return on Invested Capital. This will close during 2Q18.

Recent Transcripts

BAC (Bank of America Corporation)
Wednesday, January 17 2018 - 1:30pm
BLK (BlackRock, Inc.)
Friday, January 12 2018 - 1:30pm
BMO (Bank of Montreal)
Tuesday, December 5 2017 - 7:00pm
CM (Canadian Imperial Bank of Commerce)
Thursday, November 30 2017 - 1:00pm
BNS (The Bank of Nova Scotia)
Tuesday, November 28 2017 - 1:00pm
CBG (CBRE Group, Inc.)
Friday, November 3 2017 - 12:30pm
BPY (Brookfield Property Partners L.P.)
Thursday, November 2 2017 - 3:00pm
HTH (Hilltop Holdings Inc.)
Friday, October 27 2017 - 1:00pm
BBVA (Banco Bilbao Vizcaya Argentaria, S.A.)
Friday, October 27 2017 - 7:30am
SIVB (SVB Financial Group)
Thursday, October 26 2017 - 10:00pm
BANC (Banc of California, Inc.)
Thursday, October 26 2017 - 2:00pm
COF (Capital One Financial Corporation)
Tuesday, October 24 2017 - 9:00pm
ZION (Zions Bancorporation)
Monday, October 23 2017 - 9:30pm
BOH (Bank of Hawaii Corporation)
Monday, October 23 2017 - 6:00pm
BHLB (Berkshire Hills Bancorp Inc.)
Friday, October 20 2017 - 2:00pm
ASB (Associated Banc-Corp)
Thursday, October 19 2017 - 9:00pm
BXS (BancorpSouth, Inc.)
Thursday, October 19 2017 - 3:00pm
FNB (F.N.B. Corporation)
Thursday, October 19 2017 - 2:30pm
WBS (Webster Financial Corp.)
Thursday, October 19 2017 - 1:00pm
BBT (BB&T Corporation)
Thursday, October 19 2017 - 12:00pm

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