The recreation allowance for credit losses was 5.00% of the outstanding balance as of December 31, 2024, compared to 4.31% of the outstanding balance as of December 31, 2023. The Bank does not record ...

The impact of the Fed's combined 1% rate reduction over the last several months is already filtering through the banking ...

Security Bank Corp. aims for a 10 percent return on equity (ROE) this year while enhancing its digital and physical presence ...

Merchants Bancorp reported a 22% increase in revenue for the quarter ending December 2024, surpassing Zacks Consensus ...

UMB Financial (UMBF) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.29 per share a year ago. These ...

Mediobanca rejected MPS offer calling it destructive on Tuesday. It also cited a lack of industrial and financial rationale for rejecting.

MONETARY BOARD (MB) approvals for public-sector foreign borrowing declined in 2024 amid a dearth of program and project loans, the Bangko Sentral ng Pilipinas (BSP) said. The central bank said in a ...

The original WWE Headquarters has been sold, according to a new report. Per Paul Schott of CT Insider, the original WWE ...

The Board of Directors of MVB Financial Corp. (“MVBF” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Glen W. Herrick as a Member of the Board.

New rules outlining how the central bank will investigate financial accounts under the Anti-Financial Account Scamming Act ...

Arm Holdings and Nvidia led an array of semiconductor stocks higher on Wednesday as quarterly financial results for most ...