ATLANTA, July 21, 2025 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of John M. Turner, Jr. as an independent director, effective Sept. 1, 2025. John M. Turner, Jr. has been elected an independent director of Southern Company, effective Sept. 1, 2025. "I'm pleased to welcome John to the Southern Company Board of Directors," said Chris Womack, chairman, president, and CEO of Southern Company. "As we work to meet the incredible demand we're seeing and build the f ...

BIRMINGHAM, Ala., July 21, 2025 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended June 30, 2025. Second Quarter 2025 Highlights: Diluted earnings per share of $1.12 for the quarter. Adjusted diluted earnings per share of $1.21, up 27% from the second quarter of 2024.Net interest margin improved to 3.10% in the second quarter from 2.92% in the first quarter. Adjusted net interest margin was 3.06% in the second quarter.Loans gre ...

U.S. Bancorp (NYSE: USB ) reported better-than-expected earnings for its second fiscal quarter due to strong loan performance, falling credit provisions as well as high interest rates that propped up the bank's net interest income. With the regional lender guiding forAnalyst’s Disclosure:I/we have a beneficial long position in the shares of USB, BAC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...

Executive Snapshot: Bank-wide financial results: Key metrics for the second quarter 2025: Net income of $15.0 million, or $0.79 diluted earnings per share, increased 19.8% compared to $12.6 million, or $0.66 diluted earnings per share for the second quarter 2024Net interest income of $41.7 million, up 10.5% from $37.8 million for the second quarter 2024Net interest margin of 2.71%, up 18 basis points from 2.53% in second quarter of 2024Average loans were up $115.6 million for the second quarter 2025 compare ...

TACOMA, Wash. and IRVINE, Calif., July 21, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (Nasdaq: COLB), and Pacific Premier Bancorp, Inc. ("Pacific Premier") (Nasdaq: PPBI) today jointly announced that they have received all required shareholder and stockholder approvals related to Columbia's proposed acquisition of Pacific Premier. The final results on the proposals voted on at the special meetings of Columbia's shareholders and Pacific Premier's stockholders will be set forth in the com ...

◎记者 温婷 中国人民银行数据显示，2025年上半年，非银行业金融机构存款增加2.55万亿元，创近十年同期新高。 市场分析认为，随着存款利率下调，A股市场情绪改善，增量资金通过证券账户、资管产品进入非银存 款池，直接推动了非银机构存款再创新高，并将继续维持增长态势。 存款加速"非银化" 非银机构存款一般包括证券、信托、理财、基金等非银机构存放在银行的存款。今年以来，存款利率下 调、资本市场明显回暖，加速了居民存款"非银化"步伐。 上半年，人民币存款增加17.94万亿元。其中，非银机构存款增加2.55万亿元，同比多增3400亿元，增量 亦创近十年同期新高。 光大证券研究所副所长、金融业首席分析师王一峰表示，这反映了存款利率连续下调之后，一般存款 的"脱媒"趋势。 在他看来，非银机构存款规模持续走高，是当前阶段一般存款"脱媒"、资本市场表现稳定向好、货币政 策保持流动性宽松等共同作用的结果。资金通过非银机构进行再配置，如购买债券、投资股票等方式发 挥了支持实体经济的作用，一定程度上减轻了对于间接金融的依赖，契合我国经济高质量发展的总体方 向。 经过多次存款挂牌利率下调后，大型银行一年期定期存款利率已降至0.95% ...

Core Viewpoint - FS Bancorp, Inc. has promoted May-Ling Sowell to Chief Compliance Officer, SVP, reflecting the company's commitment to regulatory compliance and internal governance [1]. Company Overview - 1st Security Bank of Washington operates twenty-seven branches across Washington and Oregon, providing loan and deposit services, as well as mortgage services at each branch and lending offices in the Pacific Northwest [5]. Leadership Background - May-Ling Sowell has over three decades of experience in banking, having served as Compliance Officer at 1st Security Bank since November 2006 and previously worked as a private consultant [3][4]. - She obtained her Certified Regulatory Compliance Manager designation in 2012, indicating her expertise in regulatory compliance [3]. Responsibilities in New Role - In her new position, May-Ling Sowell will lead a team focused on the Bank's regulatory compliance system, security, and internal compliance training [4].

Core Insights - ICICI Bank Ltd.'s net income for Q1 FY2025 was INR127.7 billion ($1.5 billion), reflecting a 15.5% increase year-over-year, driven by growth in net interest income, non-interest income, and loans [1][9] Financial Performance - Net interest income (NII) rose 10.6% year-over-year to INR216.3 billion ($2.5 billion), with a net interest margin of 4.34%, down 2 basis points [2] - Non-interest income increased 13.7% year-over-year to INR72.6 billion ($847 million), while fee income grew 7.5% to INR59 billion ($688 million) [2] - Operating expenses totaled INR113.9 billion ($1.33 billion), up 8.2% year-over-year [3] Loan and Deposit Trends - Total advances as of June 30, 2025, were INR13,641.5 billion ($159.1 billion), up 1.7% sequentially, primarily driven by business banking loans [4] - Total deposits slightly decreased to INR16,085.2 billion ($187.6 billion) on a sequential basis [4] Credit Quality - The net non-performing assets (NPA) ratio improved to 0.41%, down from 0.43% in the prior-year quarter, with recoveries and upgrades of NPAs at INR32.11 billion ($374 million) [5] - There were net additions of INR30.34 billion ($354 million) to gross NPA, with gross NPA additions at INR62.45 billion ($728 million) and write-offs of INR23.59 billion ($275 million) [6] Provisions and Capital Ratios - Provisions (excluding tax) increased 36.2% year-over-year to INR18.1 billion ($212 million), with total contingency provision held at INR131 billion ($1.5 billion) [6] - ICICI Bank's total capital adequacy ratio was 16.97% and Tier-1 capital adequacy was 16.31% as of June 30, 2025, both exceeding minimum requirements [7] Future Outlook - Increased consumer loan demand and growth in NII and non-interest income are expected to support ICICI Bank's financials, though challenges include elevated expenses, decreasing deposits, and weak asset quality amid macroeconomic uncertainties [10]

Core Insights - Ally Financial's second-quarter 2025 adjusted earnings were 99 cents per share, missing the Zacks Consensus Estimate of $1.01, but reflecting a 35.6% increase from the previous year [1][10] - The results were impacted by a decline in net finance receivables, loans, and deposits, although total revenues and net finance revenues increased, along with lower provisions and a decrease in non-interest expenses [1][10] Financial Performance - Total GAAP net revenues for the quarter were $2.08 billion, a 2.9% increase year over year, but below the Zacks Consensus Estimate of $2.12 billion [3] - Adjusted total revenues remained unchanged at $2.06 billion compared to the prior year [3] - Net financing revenues grew slightly to $1.53 billion, primarily due to lower funding costs, with an adjusted net interest margin of 3.45%, up 9 basis points [4] - Total other revenues increased by 12.1% year over year to $566 million, driven by profits on investments [4] - Total non-interest expenses decreased by 1.8% year over year to $1.26 billion, better than the estimated $1.28 billion [5] Loan and Deposit Trends - As of June 30, 2025, total net finance receivables and loans were $129.8 billion, a slight decline from the previous quarter, while deposits fell by 2.3% to $147.9 billion [6] Credit Quality - Non-performing loans increased to $1.36 billion, up 11.8% year over year, while net charge-offs decreased by 15.8% to $366 million [7][8] - The provision for loan losses was $384 million, down 15.9% year over year, attributed to reserve releases and lower retail auto net charge-offs [8] Capital Ratios - The total capital ratio improved to 13.2% from 12.7% year over year, with the tier 1 capital ratio rising to 11.4% from 11% [11] Strategic Outlook - The company's restructuring initiatives and balance sheet repositioning, along with rising consumer loan demand and lower non-interest expenses, are expected to strengthen financials, although weak credit quality poses a near-term challenge [12]

"润钱包APP将于2025年10月15日起正式停止服务，原APP内功能（包括注册登录、余额、优惠券等功 能）将全面迁移至华润银行APP。"华润银行近日公告。 这是银行业开展APP减量提质、推进精细化运营的又一案例。 在过去较长时间里，各类银行类APP如雨后春笋般涌现，理财、支付、生活消费等不同服务"术业有专 攻"，各有单独APP覆盖，这背后折射出数字化转型的焦虑。近年来，停用、下架、整合则成为银行类 APP的主基调。 银行业人士表示，银行APP在从数字化向智能化迈进的过程中，需摆脱单一的工具导向，转向场景化、 生态化、系统化的综合服务。 直销银行、信用卡等 应用迎下架潮 从应用介绍来看，上述润钱包是由华润银行推出的移动金融服务APP，为客户提供移动支付、会员、积 分等服务。据记者观察，信用卡及直销银行类APP是银行关停与整合最密集的APP类型。 今年3月，北京农商银行将旗下信用卡APP"凤凰信用卡"的业务功能迁移至"北京农商银行手机银 行"APP，原应用此后无法访问。而在此之前，渤海银行、上海农商银行、四川农商联合银行等多家银 行的信用卡APP已在去年停止服务。 记者在苹果手机应用商店中搜寻"信用卡"应用时发 ...