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Spotlight on loan growth — or lack of it — as earnings season kicks off


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When earnings season kicks off Tuesday, banks are expected to report a continuing influx of deposits, still-improving credit performance and a resumption of share buybacks that were largely halted during the pandemic.
But this year’s great unknown — when loan growth will return — may well drive the chatter.
Lending activity remains sluggish in part because of low credit line utilization by commercial borrowers that are having trouble hiring workers and replenishing their inventories. Another factor is the flurry of federal stimulus spending that has pumped cash to both businesses and consumers.
Though some regional banks, such as Providence, Rhode Island-based Citizens Financial Group and Dallas-based Comerica, have said recently that their ....

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Some Texas companies rethink political giving after Capitol riot, with some singling out Electoral College objectors


Some Texas companies rethink political giving after Capitol riot, with some singling out Electoral College objectors
The long-term ramifications of the extraordinary response are unclear, in part because it’s uncertain how long companies will maintain their contribution suspensions.
Dallas-based AT&T is suspending PAC donations to lawmakers who objected to the Electoral College results, while Dallas-based Comerica is pausing all PAC contributions for at least the first quarter of this year. They are two of several Texas companies reevaluating their PACs giving in the wake of the deadly riot at the Capitol.(Smiley N. Pool / Staff Photographer)
WASHINGTON Many major Texas companies are reevaluating their political action committees’ campaign giving in the wake of the insurrection at the U.S. Capitol, underscoring a broader reckoning over the mob that marched this month at President Donald Trump’s urging. ....

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PPP loans put $13.7 billion into the North Texas economy? Here's who benefited from the stimulus program


PPP loans put $13.7 billion into the North Texas economy? Here’s who benefited from the stimulus program
More than 128,000 local businesses benefited from the Payroll Protection Program.
Deb and Scott Dodson, owners of Hilltop Lanes in Waxahachie, received a $63,240 Paycheck Protection Program loan from the federal government to help get their business ready to roll again.(Vernon Bryant / Staff Photographer)
Deb and Scott Dodson were out of options last spring at their Waxahachie bowling alley, Hilltop Lanes, after being shut down more than two months when the COVID-19 crisis swelled in Texas and nationwide.
Banks weren’t lending. They told their 20 employees to collect unemployment checks until the bowlers could come back. ....

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