Prosperity Bank president Kevin Hanigan passes eight banks each day on his half-mile drive to work in Frisco. “There’s a lot of banks trying to get here,”.
PNC Completes BBVA USA Acquisition - Banker & Tradesman bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.
DBusiness Magazine
DBusiness Daily Update: Comcast Awards $1M to 100 Area Minority Businesses, PNC Announces $88B Community Benefits Plan, and More
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
Courtesy of Bridge, as of April 27
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
Since PPP reopened, Houston small businesses approved for $3B - Houston Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
BBVA USA Turns To Profit In Q4
BILBAO (dpa-AFX) - BBVA USA Bancshares Inc reported net income of $334 million for the fourth quarter of 2020 compared to a net loss of $331 million in the fourth quarter of 2019.
Included in the fourth quarter of 2019 was a non-cash, goodwill impairment charge of $470 million. Excluding the impact of this non-cash charge, adjusted net income for the fourth quarter of 2019 was $139 million.
Total revenue for the fourth quarter of 2020 was $969 million, up 8 percent from fourth quarter 2019 levels. Net interest income in the quarter totaled $667 million, up 7 percent from the $623 million recorded in the fourth quarter of 2019.