Banking — page 3
Axos Loan Growth Slows, Deposits Jump on Jenius Deal, Credit Costs Ease
Net interest income rose 13.5% to $317.9 million at Axos Financial (AX) even as loan growth decelerated for a third straight quarter and CET1 slipped to 11.76%.
Ares Fee Earnings Jump 20% as AUM Hits Record $671 Billion
Fee Related Earnings at Ares Management (ARES) climbed 20% to $491.1 million in the second quarter, even as management-fee growth cooled to 14% from the 25% pace set earlier in the year.
Santander, SocGen Both Lean on Disposals to Move the Numbers
Portfolio sales, not underlying business performance, drove the one-off capital and cost moves at both reporting global systemic banks this quarter.
KKR's Fee Related Earnings Jump 37% as Fundraising Hits Record $34 Billion
KKR (KKR) grew fee related earnings 37% year over year to $1.2 billion in the second quarter as new capital raised hit a record $34 billion and assets under management climbed to $796 billion.
First Busey's Margin Cools as Deposits Surge, Buybacks Widen
First Busey's adjusted net interest margin slipped 2 basis points to 3.62% in the second quarter even as deposits grew at an 11% annualized clip and the bank leaned harder into share repurchases.
Policy Rates Diverge as the ECB Cuts and the Fed Holds
Two central banks moved in different directions in the same week, and the spread is now at its widest in two years.
Sector Funds Saw Their Largest Weekly Outflow Since March
Money left sector-specific equity funds while broad-market vehicles took in cash — a rotation, not a withdrawal.
Elevance Health Insiders Lead Weekly Buying Clusters
Concentrated open-market purchases emerged across six companies, led by a $1.4 million commitment at Elevance Health.
Greene County Bancorp's Margin Widens to 2.86% as Loans Outrun Deposits
Net interest margin expanded 49 basis points to 2.86% at Greene County Bancorp, powering a third straight quarter of record net income even as deposit growth slowed to 2.8%.
Flagstar Ends Margin Expansion as Commercial Loans Grow
Net interest margin slipped 2 bps to 2.13% as lower asset yields outweighed cheaper funding.
Customers Bancorp's Margin Bottoms as Reserve Cushion Thins
Customers Bancorp (CUBI) grew net interest income to $193.4 million in the second quarter even as its net interest margin fell to a 3.17% trough and reserve coverage of nonperforming loans slid to 293% from 337%.
Volume Growth Carries Global Systemic Banks, Costs Split
Balance growth lifted eight of the season's eleven reporting global systemic banks, while a smaller cluster wrestled with rising costs and normalizing credit in the same breath.
QCR Holdings' LIHTC Pipeline Drives Fee Income as Balance Sheet Shrinks
QCR Holdings (QCRH) generated $26.1 million in capital markets revenue for the first half of 2026 even as total loans held near $7.0 billion following planned runoff and a wave of LIHTC securitizations.
Old National's Margin Pressure Eases as Loan Growth Reaccelerates
Old National Bancorp (ONB) held net interest margin nearly flat at 3.54% in the second quarter while period-end loans grew 8.3% annualized to $50.8 billion.
Huntington Grows Loans as Deposit Costs Pinch Margin
Net interest income rose 9% QoQ to $2.052 billion as loan growth outweighed modestly higher funding costs.
Fulton Financial's Margin Holds Up as Blue Foundry Deal Closes
Fulton Financial (FULT) grew net interest income to $284.3 million in the second quarter as the Blue Foundry Bancorp acquisition padded loan and deposit totals while organic commercial lending kept softening.
First Citizens' Margin Stabilizes as Reserve Release Lifts ROA to 1.15%
First Citizens Bancshares (FCNCA) posted its first sequential net interest income gain in three quarters, with net interest margin edging up 1bp to 3.10% after back-to-back quarters of compression.
First Bancorp's NIM Hits 4.87% as Deposit Mix Shifts Wholesale
First Bancorp's net interest margin expanded 12 basis points to 4.87% in the second quarter, its fifth straight quarterly gain, even as core deposit growth stalled and government and brokered funding filled the gap.
Blackstone's Fee Earnings Jump 22% as Perpetual Capital Expands
Blackstone (BX) reported fee related earnings of $1.8 billion, up 22% year over year, as perpetual capital vehicles grew to 48% of fee-earning assets and the firm raised its quarterly dividend 11% to $1.29 a share.
A Consent Order Lands on a Regional Lender's BSA Program
The order caps asset growth until remediation is certified — a constraint that binds strategy, not just compliance.
Passive Ownership Shifts in Index Holdings
Recent data shows significant changes in the share of reported holdings held by passive funds.
Northern Trust Raises Dividend as Net Interest Income Climbs
The custody-and-asset-management franchise reported a 1.81% net interest margin and a 10% increase to its quarterly dividend.
KeyCorp Lifts Interest Income as Margin Gains Slow
Taxable-equivalent net interest income rose 2.3% sequentially to $1.258 billion.
Ally's Margin Widens as Auto Mix Shifts Toward Safer, Lower-Yield Loans
Net interest margin excluding core OID expanded 11 basis points to 3.63% in the second quarter as Ally Financial (ALLY) leaned harder into higher-credit-tier auto originations even as retail deposits shrank $2.6 billion.
Zions' Margin Holds at 3.27% as Credit Costs Collapse and Buybacks Resume
Zions Bancorporation (ZION) grew net interest income 4% YoY to $677 million in the second quarter as loan growth accelerated to an 8% annualized pace and the CET1 ratio climbed to an estimated 11.8%.
Netskope and Gloo Lead Weekly Insider Buying Clusters
Six companies saw coordinated open-market purchases by executives and directors this week.
WaFd Holds Margin as Credit Provision Climbs
Net interest income rose 2% QoQ to $181.3 million as funding costs eased.
Regions Financial Loan Growth Accelerates as Deposit Costs Keep Falling
Regions Financial (RF) grew net interest income 2.3% to $1,277 million in the second quarter as average loans posted their fastest sequential growth in five quarters, even as net interest margin slipped 1 basis point to 3.66%.
Fifth Third Net Interest Income Rises 48% on Comerica Integration
Net interest margin expanded 24 basis points year-over-year to 3.36% as the bank integrated its latest acquisition.
Europe's Bank Margins Diverge as Returns Climb, Capital Slips
Europe's biggest banks are pulling in opposite directions on income and returns even as capital ratios thin out from Tokyo to Wall Street.
Hard Assets Draw Capital as Financing Costs Stay High
Long-duration property and infrastructure contracts are attracting fresh capital, while lenders are demanding rich returns and stronger collateral.
Citizens Financial's Net Interest Income Accelerates 4.4% as NIM Expands Further
The regional lender posted $1.63 billion in net interest income, up 14% year-over-year, as its net interest margin widened to 3.17%.
Virtu Trading Income Slides 8.7% as Market Calm Cuts Into Market Maker
Adjusted net trading income fell to $718 million in the second quarter, down 8.7% from the prior period, as normalized earnings per share slipped to $1.82.
M&T Bank Net Interest Income Rises on Loan Growth
Taxable-equivalent net interest income increased 2% quarter-over-quarter to $1,804 million
First Horizon NIM Dips as Deposit Costs Rise
Net interest margin fell 3 bps to 3.49% in the second quarter as brokered deposit costs climbed.
First Bancorp NIM Expands 42 bps YoY as Deposit Costs Fall
The North Carolina community lender's net interest margin widened to 3.67% in the first quarter, its fifth consecutive quarterly expansion, as deposit costs dropped 18 basis points year over year.
Citigroup's Five Businesses All Grow Loans as Services Hits Record 30.9% RoTCE
Citigroup's net interest income rose 13% year over year in the second quarter as loan growth accelerated across every business line and Services delivered a record $6.4 billion in revenue.
BNY's NIM Streak Hits Fourth Quarter as Deposits Dip and Buybacks Accelerate
Net interest margin at Bank of New York Mellon expanded for a fourth straight quarter to 1.45%, even as average deposits fell for the first time in five quarters and share repurchases rose to $1.1 billion.
BlackRock inflows hit record $192 billion
The world’s largest asset manager saw long-term net inflows jump 46% sequentially to $199 billion in the second quarter.
Lynrock Lake LP Secures Board Seat at Yext
The investor is transitioning its reporting status as Ms. Paul joins the board of directors.
Wells Fargo Loan Growth Outpaces NIM Erosion as Fee Income Surges
Wells Fargo & Company (WFC) grew average loans 12% year over year to $1,026.5 billion even as its net interest margin compressed to 2.43%, while noninterest income jumped 13% on capital-markets strength.
JPMorgan Chase Markets Revenue Surges as Investment Banking Rebounds
Net interest income rose 10% year-over-year to $25.6 billion in the second quarter.
Bank of America NII Climbs for Seventh Straight Quarter as Trading Surges
Net interest income reached $16.2 billion, up 9% year-over-year, as fixed-rate assets repriced and loan balances expanded across every business line.
Gary Friedman reduces RH stake
The RH executive sold shares to fund personal residence improvements and debt repayment.
Trico NIM Expands as Deposit Costs Ease
The California-based regional lender saw net interest margin rise 6 basis points to 3.25% in the second quarter.
First Hawaiian's NIM Hits Five-Quarter High as TriCo Deal Reshapes Footprint
Net interest margin expanded 6 basis points to 3.25%, the strongest in five quarters, as the Hawaii lender agreed to acquire TriCo Bancshares in a $63.12-a-share all-stock deal.
Invesco Flows Stall as Passive Demand Cools
Net long-term inflows collapsed to $8.0 billion in the second quarter, down from $18.9 billion in the prior period.
EchoStar and BlackSky Lead Surge in Short Crowding
Delayed FINRA settlement data shows a sharp increase in short interest relative to real float for several issuers.
Cerberus Shuffles Board Seats at Eos Energy
The private-equity firm replaces one director with another at the battery maker, exercising its rights as a major preferred shareholder.
Simon Property Group Directors Lead Weekly Buying Surge
A concentrated wave of director-level purchasing at Simon Property Group anchors a week of broad insider conviction.