Credit, check fraud costs weigh on Regions' earnings
American Banker
APRIL 19, 2024
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
American Banker
APRIL 19, 2024
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
American Banker
JANUARY 19, 2024
The Alabama bank's executives said commercial borrowers remain cautious amid high rates and economic uncertainty. During the fourth quarter, flat lending and higher deposit costs weighed down the company's net interest income.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
NOVEMBER 15, 2020
BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S., Big bank mergers have been scarce in the past decade since the financial crisis of the late 2000s, but despite that rarity, regional lenders have felt the crunch from bigger rivals like J.P. according to WSJ.
PYMNTS
OCTOBER 2, 2018
We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.
PYMNTS
JUNE 30, 2016
On June 16, Samsung Pay arrived in Singapore, allowing users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. Our research shows that marketplace lending is suffering from sluggish adoption because of either insufficient value to switch or a lack of trust in the financial services provider.”
PYMNTS
NOVEMBER 17, 2020
This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.
Independent Banker
FEBRUARY 16, 2015
Perhaps just as influential, Shelby, who is serving as the committee’s GOP chairman for the next two years, represents 131 community banks in Alabama, and Brown, the Democratic ranking member on the committee, represents 206 community banks in Ohio. Shelby visits an Alabama business as part of a statewide jobs and industry tour.
Let's personalize your content