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RBB Bancorp reported third-quarter net income $2.5 million higher than the second quarter, primarily driven by higher net interest income and a $2.7 million pretax gain from selling a Brooklyn office building. Net interest margin expanded 10 basis points to 3.16%.
Poll: Fed to hike fed funds rate to 4.00%-4.25% by end-2026, said 94 of 100 economists (vs 29 of 76 expecting that rate in September)
Fed to hold fed funds rate steady at 3.75%-4.00% at October 27-28 meeting, said 94 of 100 economists; rest saw a hike to 4.00%-4.25% - Poll.
PNC Financial Services Group reported third-quarter net income of $2.1 billion, or $5.09 per diluted share, and return on tangible common equity above 18%. It forecast Q4 average loan growth of 2.5% and net interest income growth of 4%.
Latam stocks down 0.8%, FX down 0.2% Datafolha poll shows Lula leading Bolsonaro 46% to 44% in runoff scenario Sheinbaum says Mexico and US reached some agreements after call with Trump Mexico peso headed for its worst week since March By Avinash P Sept 18 (Reuters) — Latin American assets were mixed on Friday and rema
(Repeats item that ran earlier, with no change to text. The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Sept 17 (Reuters) — As The Rolling Stones famously said, you can't always get what you want. Apparently, not even if you're the most powerful person