TokenPost topic
Banking
208 TokenPost stories are tagged Banking. The newest appear first.
Latest Banking stories
- Cathay General Bancorp Keeps Quarterly Dividend at $0.38 Per Share
Shareholders of record Nov. 27 are scheduled to receive the payment Dec. 7.
· Business
- First Merchants Declares $0.37 Quarterly Dividend on Common Shares
The payment is scheduled for Dec. 18, with shareholders of record Dec. 4 eligible to receive it.
· Business
- OptimumBank Targets $48 Million to $50 Million Pretax Pre-Provision Earnings Run Rate
CEO Moishe Gubin called third-quarter net income of about $7.2 million a record. The bank is also pursuing a HUD license targeted for 2027.
· Business
- KeyCorp Maintains Its $0.205 Quarterly Dividend for 17th Straight Quarter
The payment is scheduled for Dec. 15, with Dec. 1 set as both the record date and ex-dividend date. The forward yield is 3.84%.
· Business
- KeyCorp Sets $0.382813 Fourth-Quarter Dividend on Series E Depositary Shares
Each depositary share represents a 1/40th interest in a share of KeyCorp’s fixed-to-floating rate perpetual non-cumulative preferred stock.
· Business
- First National Raises Quarterly Dividend 11.8% to $0.19 Per Share
Shareholders of record Nov. 27 will receive the dividend Dec. 11. The board declared the increase Nov. 12.
· Business
- Pinnacle Bankshares Raises Quarterly Dividend to $0.35 Per Share
The quarterly rate has risen $0.07, or 25%, during 2026. The board declared the latest dividend Nov. 10.
· Business
- Hancock Whitney Agrees to Buy Trustmark in $3.2 Billion Stock Merger
The combined bank would have about $58 billion in assets. The companies expect to close late in the first quarter of 2027, pending approvals.
· Business
- Fireblocks Calls for Independent Checks on Banks’ Onchain Records
A 2026 survey found compliance and regulatory demands were the most cited wallet infrastructure challenge among financial institution respondents.
· Technology
- WaFd Sets $0.27 Dividend for Dec. 4 Payment to Common Shareholders
Common shareholders of record as of Nov. 20 will receive the payment; it will be WaFd’s 175th consecutive quarterly cash dividend.
· Business
- Project Faro Seeks CEO as Banks Target First-Half 2027 Launch
The 21-firm venture has about $270 million committed to fund the planned issuer’s first five years.
· Business
- Jeffersonville Bancorp Declares $0.20-Per-Share Dividend
The cash dividend is payable Dec. 7 to shareholders of record at the close of business Nov. 25.
· Business
- Alta Raises $47.5 Million to Build a Compliance-Focused Bank Blockchain
Index Ventures led the Series A. The new funding brings Alta’s total raised to about $80 million.
· Business
- Bitcoin Historian Claims Barclays Bought $54 Million in Bitcoin
The post also claims the British bank's total Bitcoin holdings exceed $165 million.
· Business
- Gateway Bank Posts $2 Million in Q3 Revenue and $0.00 GAAP EPS
Its provision for credit losses fell to $56,000 from $110,000 in the second quarter.
· Business
- VersaBank Estimates C$969 Million in Fiscal Q4 Asset Growth
The estimate would more than double the bank’s previous quarterly record of C$435 million and was equivalent to US$687 million.
· Business
- India's Central Bank Deputy Governor Urges Banks to Strengthen Tech Resilience
Swaminathan J cited cybersecurity, data protection and oversight of outside service providers in an Oct. 23 address in Chennai.
· Regulation
- Bowman Says Cybersecurity Is a Major Concern for Bankers
She also urged government agencies to coordinate against fraud and said the Federal Reserve has developed third-party risk guidance for some banks.
· Regulation
- Southside Bancshares Keeps Quarterly Dividend at $0.37 per Share
Shareholders of record Nov. 25 qualify for the Dec. 9 payment. Southside Bancshares had about $8.87 billion in assets as of Sept. 30, 2026.
· Business
- PhilRatings Assigns PSBank Its Highest PRS Aaa Credit Rating
The stable outlook signals no expected rating change over the next 12 months. PSBank's gross nonperforming loan ratio was 4% as of June 30, below the thrift-banking sector's 6.3% average.
· Business
- Pinnacle Bank Names Cliff Dennett CEO as Assets Near $1 Billion
The transition is scheduled for Feb. 1, 2027, with current CEO Jeffrey D. Payne set to become board chair.
· People
- Federal Reserve and OCC Contact Banks After Binance Security Incident
The incident affected about $6.34 billion in digital assets; about $2.85 billion had been frozen or intercepted by the incident report’s release.
· Regulation
- Forrester Expects 40% of Banks to Launch AI Assistants in 2027
The firm also predicts one-third of banks will announce AI transformation programs and a 50% increase in AI banking technology mergers and acquisitions.
· Business
- Lion Finance Group Posts 22.1% Rise in Q3 Basic EPS to GEL 15.57
Profit for the period rose 21% to GEL 661.906 million, while diluted EPS advanced 22.6% to GEL 15.42.
· Business
- Paraguay's Ueno Bank Crisis Freezes Redemptions at 13 Funds
Ueno served about three million customers, while the national retirement and health fund had roughly $380 million tied up at the bank.
· Business
- South Korea Finalizes 361.96 Billion Won in Bank Fines
The decision also sets 1.778 billion won in administrative penalties for seven banks over Hong Kong H-index ELS sales.
· Regulation
- Crédit Mutuel Arkéa Confirms Cyberattack, Says Customers Lost No Funds
More than $133 million was involved in the incident, and some in-app transfer functions remained unavailable during security checks.
· Technology
- BOK Financial Raises Quarterly Dividend 23.8% to $0.78 Per Share
The board approved the increase Nov. 3. Shareholders of record Nov. 18 are scheduled to receive the payment Dec. 3.
· Business
- Upstart Cuts 2026 Revenue Outlook to $1.35 Billion as Its Credit-Risk Measure Rises
Its adjusted EBITDA forecast fell to about $260 million, while its fee revenue outlook increased to about $1.32 billion.
· Business
- Standard Chartered CEO Says AI Is Stirring Fear, Recalls 25,000 Role Changes
The bank has about 100,000 employees, near its headcount when Bill Winters joined 11 years ago.
· Business
- Westpac Forecasts 11% Peak-to-Trough House Price Decline
The bank expects housing-credit growth below 4% in FY27 and is targeting more than $600 million in structural savings.
· Business
- SBI Holdings Plans $100 Million Investment in Erebor Bank
SBI Holdings USA would make the investment to strengthen the group’s U.S. business base and create opportunities for deeper cooperation with the bank.
· Business
- American Business Bank Declares $0.30 Quarterly Dividend for Dec. 14
Nov. 12 is both the record date and ex-dividend date for eligible shareholders.
· Business
- Bank of America Warns Customers Against Giving AI Agents Logins
The bank says customers are responsible for activity resulting from shared credentials. Its separate guidance offers consent-based sharing of account data with outside apps.
· Business
- South Carolina Couple Sues Wells Fargo Over $72,360 in Overnight Wires
Melanie and Jack Anderson say they did not approve the transfers. Their lawsuit accuses the bank of rejecting their fraud claim without a meaningful investigation.
· Regulation
- South Korea’s Financial Regulator to Review Security With Five Bank Chiefs
The meeting is set for 8 p.m. ET Wednesday, Nov. 4 (1 a.m. UTC Thursday, Nov. 5), with AI-related threats on the agenda.
· Regulation
- Zions Bancorporation Declares Quarterly Dividend of $0.48 Per Share
Shareholders of record Nov. 12 are scheduled to receive payment Nov. 19.
· Business
- Bank of the James Raises Quarterly Dividend 50% to $0.15 Per Share
The new rate is up from $0.10. Payment is scheduled for Dec. 4 to shareholders of record Nov. 20, which is also the ex-dividend date.
· Business
- Banco Santander-Chile Posts $0.50 in Third-Quarter GAAP Earnings Per ADR
Operating income totaled Ch$2,262.5 billion for the nine months ended Sept. 30.
· Business
- MVB Targets 2027 Loan Yields of 8.5% to 9% in Margin Plan
CEO Larry Mazza said the company made progress on several initiatives during the third quarter.
· Business