Bank Brands
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Jeffersonville Bancorp issues special dividend as profits climb
Jeffersonville Bancorp will pay a special $0.25 per share dividend in October 2026 after a surge in loan interest income and strong capital reserves. The move signals confidence in the bank's financial footing and rewards long-term investors
Simmons Bank to Close 26 Branches After Revenue Miss in 2026
Simmons Bank will shutter 26 branches across Arkansas and neighboring states by December 2026 after missing Wall Street revenue targets, reducing banking access in smaller towns and putting nearly 100 jobs in jeopardy.
Dunkin' to Reopen in Puerto Rico After 12-Year Franchise Absence
Dunkin' will return to Puerto Rico in 2027, ending a 12-year absence caused by a franchise dispute. The move highlights the brand's renewed focus on international growth and franchise oversight.
Everpure Stock Jumps as BofA Ups Target on Cloud Subscription Gains
Bank of America raises its price target for Everpure, citing surging cloud storage demand and a shift to subscription revenue, while highlighting new risks for investors as analyst sentiment turns bullish.
Wells Fargo and Citigroup Eye Big Bank Deals as M&A Window Opens
Wells Fargo and Citigroup are among the few U.S. megabanks able to acquire a large regional bank under current deposit caps, but rising profits and stock prices mean few sellers are eager to make a deal
Capital One Card Growth Slows as Bank of America Stays Bullish
Capital One's July data shows credit card loan growth losing momentum, but Bank of America maintains a positive outlook as credit quality improves and Discover integration continues to reshape the lender's prospects
BofA Stands Firm as Fastly Stock Doubles Before Earnings
Bank of America is holding back on Fastly despite a 98% rally, citing concerns over the company's revenue mix and competitive pressures in cybersecurity. Investors face a test as Fastly's earnings approach and expectations run high
Broadcom's Software Win With Standard Chartered May Outlast AI Hype
Broadcom's new deal with Standard Chartered shifts focus from AI chips to recurring software revenue, locking in a global bank and signaling a strategic shift that could help stabilize earnings as chip demand fluctuates
JPMorgan CEO Jamie Dimon Warns on Rising U.S. Wealth Inequality
Jamie Dimon, head of JPMorgan, says America's widening wealth gap is fueling social and economic risks. As the top 1% amass record assets, Dimon urges policymakers to address the root causes before discontent deepens
Visa's New AI Tool Lets Banks Compete for Your Financial Advice
Visa is rolling out an AI assistant for banks that analyzes your real spending and account data, aiming to keep customers from turning to outside chatbots for money advice and budgeting help
JPMorgan CEO Warns of Critical Shortage in Skilled Trade Workers
As AI reshapes white-collar jobs, JPMorgan's $24 million investment in Philadelphia shipbuilding highlights a growing crisis: the U.S. lacks enough welders and electricians to meet demand, and the existing workforce is aging fast