Fulton Financial profit jumps on lending growth

Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. Fulton Financial Corporation (NASDAQ:FULT) is a small-cap bank with a market capitalisation of US$3.0b.Its profit and value are directly impacted by its borrowers’ ability to pay which is driven by the level of economic growth.

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 · Home Capital Group Inc. is reporting a 50% jump in profit for the third-quarter ended September 30. The company has reported quarter-over-quarter increases in earnings for 33 consecutive quarters. net earnings increased 50.2% to $7.9 million for.

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HSBC has posted a pre-tax profit of $17.2bn (£12.3bn) in 2017, saying its focus on Asia was driving growth. The results represent a 141% jump on the. And the bank said the prospect of regional.

PNC Financial Services Group Inc. posted better-than-expected third-quarter earnings Friday, helped by strong commercial lending growth that bucked an industrywide trend. Net income at the Pittsburgh-based bank rose 13% and revenue rose 8%. In addition to loan growth, the bank’s results were also.

That exceeded the 42.6 billion-yuan median estimate of 11 analysts surveyed by Bloomberg News. The lender’s profit. growth in the rest of the year, he said. Net interest margin, a measure of.

Georgia’s largest retail bank, reported a 37.2 percent jump in second-quarter underlying net profit on Monday, as economic growth and a stable currency boosted lending. Net interest margin was 6.8.

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Fulton Financial Corporation operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers.. and commercial lending products.

 · CIBC reports double-digit profit jump despite slowing growth in mortgage lending. The bank has noticed a slowdown in the housing market in.

LONDON (Reuters) – The UK arm of Spain’s Santander posted a 30 percent rise in 2009 profit. it had a gross lending market share of 18.6 percent, up from 13.9 percent. It said Thursday it saw.