Bank earnings continue to roll in. Beyond the biggest players, J.P. Morgan, Citigroup, and others, the regionals and the super-regional banks have shown some resilient trends: Consumers continue to spend, digital and omnichannel efforts continue to make headway. The deposit volatility that might have been...
April 19, 2023
Bank earnings continue to roll in. Beyond the biggest players, J.P. Morgan, Citigroup, and others, the regionals and the super-regional banks have shown some resilient trends: Consumers continue to spend, digital and omnichannel efforts continue to make headway. The deposit volatility that might have been expected in the wake of the Silicon Valley Bank (SVB) […]
July 16, 2024
PNC Financial Services Group saw expected increases in total nonperforming loans and net loan charge-offs in the second quarter. The increases were primarily due to high commercial nonperforming loans and higher commercial real estate (CRE) net loan charge-offs, the bank said in a Tuesday (July 16) earnings release. “The credit environment continues to play out […]
