Truist Financial’s Digital Transactions Leap 13%

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment. Overall, average loans decreased 1%. Within this, consumer loans declined less than 1%, while average commercial loans decreased 2%, the bank said in a...

Forvis has unveiled a platform designed to assist lenders with pricing commercial loans. The new LoanPricingPRO platform uses real-time metrics to help financial institutions manage and grow their loan portfolios and optimize their profitability goals, the public accounting and consulting firm said in a Monday (Feb. 5) press...

While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. These loans — known as CRE loans — were up 3% year over year, while general commercial-industrial loans were down 1%, The Wall Street Journal (WSJ) reported Tuesday (Dec. 26),...

Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of capital over the next few years, this partnership seeks to serve high-performing, growth-oriented hospitality borrowers,...