President and CEO James Nesci stated, "Earlier this morning, we reported a quarterly net loss of $1.9 million and a quarterly pre-provision net loss of $1.3 million. Both metrics have improved ...

U.S. Bancorp USB reported solid third-quarter results, with net interest income growth and net interest margin expansion from a quarter ago. Net income to common shareholders was $1.6 billion, or ...

The bank’s ten-year median net interest margin is steady at 3.1%, reflecting the bank’s diversification and consistent loan quality. The decade-long NPL ratio outperforms peers, underscoring its ...

Discover the difference between gross and net profit margins by exploring how each impacts a company's financial health and ...

Having a high Net Interest Margin (NIM) is the goal for banks and financial institutions as it is a key indicator of profitability. Increasing NIM is a simple calculation of net income – i.e., the ...

Fifth Third Bancorp FITB reported decent second-quarter results. Net interest income held up as growth in net interest margin offset modest balance sheet shrinkage. Overall, there was little in the ...

Note: In certain circumstances, reclassifications have been made to prior periods to conform to the current presentation. 1 Tangible Common Equity ("TCE")/Total Assets ("TA"). 2 See "Reconciliation of ...

VersaBank's shares jumped after the online bank flagged expansion in its net interest margin this quarter and faster-than-anticipated growth in assets for a digital funding solution. In Thursday ...

Simmons First National operates as a regional banking franchise, offering a range of services including checking and savings accounts, consumer loans, commercial lending, and treasury management. It ...

Singapore's largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is confident that it can ride on other drivers going forward, such as a growth in ...

Earnings Call Insights: Lloyds Banking Group (NYSE:LYG) Q4 2024 CEO Charlie Nunn highlighted the completion of the first phase of the company’s five-year strategic transformation, emphasizing strong ...