$NWBI (Northwest Bancshares, Inc.)

$NWBI {{ '2016-05-12T15:11:01+0000' | timeago}} • Announcement

$NWBI said its stockholders elected Mark Paup as a member of its BoD at its Annual Meeting of Stockholders on April 20, 2016. Paup currently serves as president and CEO of Zippo Manufacturing Co. and W.R. Case and Sons Cutlery Co., both of which are headquartered in Bradford, Pennsylvania.

$C {{ '2018-01-16T15:34:40+0000' | timeago}} • Announcement

In 4Q17, $C's fixed-income trading revenues were $2.4Bil, down 18%, reflecting continued low volatility. Equity trading revenues also declined 23% during the quarter to $530MM.

$C {{ '2018-01-16T15:30:59+0000' | timeago}} • Announcement

$C CEO Michael Corbat said, "Tax reform does not change our capital return goals as we remain committed to returning at least $60Bil of capital in the current and next two CCAR cycles. Tax reform not only leads to higher net income and increased returns, but also serves to strengthen our capital generation capabilities going forward."

$C {{ '2018-01-16T15:27:58+0000' | timeago}} • Announcement

For the first time since 2009, $C posted a loss of $18.3Bil in 4Q17, weighed down by a charge of approx $22Bil related to Republican tax reforms. On a per share basis, the loss was $7.15. However, the banking giant managed to please investors by reporting double-digit growth in adjusted EPS to $1.28. Revenue for the quarter edged up 1% to $17.3Bil.

$C {{ '2018-01-16T14:54:13+0000' | timeago}} • Infographic

$C Citigroup Earnings AlphaGraphic: Q4 2017 Highlights

$WFC {{ '2018-01-12T15:28:20+0000' | timeago}} • Announcement

The US corporate tax cuts has saved $WFC about $3.35Bil in 4Q17, but the bank had to set aside $3.25Bil in the quarter to pay for legal costs related to mortgage-related regulatory investigations, sales practices, and other consumer-related matters. The banking giant reported a 17% earnings growth and a 2% revenue growth for 4Q17.

$WFC {{ '2018-01-12T14:10:42+0000' | timeago}} • Infographic

$WFC Wells Fargo & Company 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.

$CBSH {{ '2018-01-11T11:51:59+0000' | timeago}} • Announcement

$CBSH said effective Feb 1, 2018, John Handy, currently President and COO of its Commerce Trust Company, has been promoted to CEO, replacing Ray Stranghoener, who will remain as Chairman. Handy will report to John Kemper, COO of $CBSH.

$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.

$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.

$CBSH {{ '2018-01-02T21:45:15+0000' | timeago}} • Announcement

$CBSH announced that following the enactment of the new federal tax reform legislation, a cash payment of $1,000 will be made to all full-time employees and a $250 cash payment to all part-time employees employed by the company on December 31, 2017.

$VLY {{ '2018-01-02T15:52:44+0000' | timeago}} • Announcement

$VLY announced that its merger with USAmeriBancorp Inc. (USAB) was completed effective Jan. 1, 2018. $VLY will issue about 65MM shares in transaction. The shareholders of USAB will receive 6.1 shares of $VLY for each USAB share that they own. Effective Jan. 1, 2018, USAB's subsidiary USAmeriBank was merged into and under name Valley National Bank.

$FULT {{ '2017-12-20T12:16:17+0000' | timeago}} • Announcement

$FULT BoD declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend is payable on January 16, 2018, to shareholders of record as of January 2, 2018.

$GS {{ '2017-12-19T19:41:08+0000' | timeago}} • Announcement

$GS appointed Karen Patton Seymour as a partner and co-general counsel of the firm. With Greg Palm, Seymour will advise Goldman Sachs beginning in January 2018 and have responsibility for all legal matters affecting the firm’s operations worldwide.

$WFC {{ '2017-12-19T12:32:36+0000' | timeago}} • Announcement

$WFC has appointed Mary Mack to head the company's Consumer Lending business, in addition to Community Banking, effective immediately.

$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.

$HBHC {{ '2017-12-18T17:29:03+0000' | timeago}} • Announcement

$HBHC's banking subsidiary Whitney Bank agreed to buy the bank-managed high net worth individual and institutional investment management and trust business from Capital One, National Association, a banking subsidiary of $COF, for undisclosed terms.

$VLY {{ '2017-12-15T19:02:10+0000' | timeago}} • Announcement

Financial services provider $VLY said it has received regulatory and shareholder approval for the merger of USAmeriBancorp with and into it. The merger is expected to close on January 1, 2018, subject to completion of the remaining closing conditions. The combined entity will have more than $28Bil in assets and 238 branches.

$WBS {{ '2017-12-14T13:42:17+0000' | timeago}} • Announcement

$WBS, which provides banking services, raised its prime lending rate by 25 basis points to 4.50%. The decision comes on the heels of the rake hike announced by the Federal Reserve.

Recent Transcripts

C (Citigroup Inc.)
Tuesday, January 16 2018 - 3:00pm
WFC (Wells Fargo & Company)
Friday, January 12 2018 - 3:00pm
GROW (U.S. Global Investors, Inc.)
Friday, November 10 2017 - 1:30pm
RE (Everest Re Group Ltd.)
Tuesday, October 31 2017 - 2:30pm
EVBN (Evans Bancorp Inc.)
Monday, October 30 2017 - 8:45pm
IBN (ICICI Bank Ltd.)
Friday, October 27 2017 - 1:00pm
HTH (Hilltop Holdings Inc.)
Friday, October 27 2017 - 1:00pm
UBS (UBS Group AG)
Friday, October 27 2017 - 7:00am
IBCP (Independent Bank Corporation)
Thursday, October 26 2017 - 3:00pm
VLY (Valley National Bancorp)
Wednesday, October 25 2017 - 3:00pm
ONB (Old National Bancorp.)
Tuesday, October 24 2017 - 3:00pm
BOH (Bank of Hawaii Corporation)
Monday, October 23 2017 - 6:00pm
WAL (Western Alliance Bancorporation)
Friday, October 20 2017 - 4:00pm
FNB (F.N.B. Corporation)
Thursday, October 19 2017 - 2:30pm
WBS (Webster Financial Corp.)
Thursday, October 19 2017 - 1:00pm
TCBI (Texas Capital BancShares Inc.)
Wednesday, October 18 2017 - 9:00pm
FULT (Fulton Financial Corporation)
Wednesday, October 18 2017 - 2:00pm
HBHC (Hancock Holding Company)
Wednesday, October 18 2017 - 2:00pm
GS (The Goldman Sachs Group, Inc.)
Tuesday, October 17 2017 - 1:30pm
WFC (Wells Fargo & Company)
Friday, October 13 2017 - 2:00pm

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