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Cape Bancorp, Inc. Reports Fourth Quarter and Annual 2014 Results

CAPE MAY COURT HOUSE, N.J., Jan. 30, 2015-- Cape Bancorp, Inc., the parent company of Cape Bank, announces its operating results for the fourth quarter and year ended December 31, 2014. Cape Bancorp reported net income of $1.0 million, or $0.09 per common and fully diluted share for the quarter ended December 31, 2014, and $6.8 million, or $0.62 per common share and $0.61...
Source: Globe Newswire
EverBank Financial Corp Announces Fourth Quarter and Full Year 2014 Financial Results

JACKSONVILLE, Fla.---- EverBank Financial Corp announced today its financial results for the fourth quarter and the year ended December 31, 2014. GAAP net income available to common shareholders was $35.5 million for the fourth quarter 2014, compared to $41.0 million for the third quarter 2014 and $15.9 million for the fourth quarter 2013. GAAP diluted...
Source: Business Wire
CIT Reports Fourth Quarter 2014 Net Income of $251 Million ($1.37 Per Diluted Share); Full Year Net Income of $1,130 Million ($5.96 Per Diluted Share)

Full year net income benefited by $419 million, $2.21 per diluted share, from Valuation Allowance reversals, including $375 million related to the U.S. federal deferred tax asset; Advanced Portfolio Repositioning- Sold U.K. corporate lending portfolio; entered into agreements to sell Brazil and Mexico businesses; transferred U.K. equipment finance...
Source: Business Wire
Fitch Affirms FNFG's Ratings and Assigns a Negative Outlook

NEW YORK---- Fitch Ratings has affirmed the ratings of First Niagara Financial Group, Inc. and its main subsidiary, First Niagara Bank at' BBB-/F3'. For First Niagara Bank, the Rating Outlook is revised to Negative from Stable. First Niagara Financial Group, Inc's rating affirmation reflects the bank's consistent performance, proven stable asset quality, and...
Source: Business Wire
Zions Bancorporation Reports Annual Net Earnings for 2014 of $333 Million, or $1.71 Per Diluted Common Share

SALT LAKE CITY, Jan. 26, 2015/ PRNewswire/-- Zions Bancorporation today reported annual net earnings for 2014 of $333.0 million, or $1.71 per diluted common share, compared to $294.0 million, or $1.58 per diluted common share, for 2013.. Net earnings for the fourth quarter of 2014 were $73.2 million, or $0.36 per diluted common share, compared to $79.1 million, or $0.40...
Source: PR Newswire
Volcker Rule delay good for U.S. municipal bond market -Moody's

WASHINGTON, Jan 26- The $3.7 trillion U.S. municipal bond market will benefit from a recent delay in implementing part of the Dodd-Frank financial reform law known as the Volcker Rule, Moody's Investors Service said on Monday. Last month Congress passed legislation giving banks extra time to comply with the rule. The implementation delay until July 2017 will "...
Source: Reuters
Parke Bancorp, Inc. Announces Record Earnings For 2014

WASHINGTON TOWNSHIP, N.J., Jan. 23, 2015/ PRNewswire/-- Parke Bancorp, Inc., the parent company of Parke Bank, announced its operating results for the quarter and year ended December 31, 2014. Parke Bancorp reported net income available to common shareholders of $9.3 million, or $1.55 per common share and $1.32 per diluted common share, for the year ended December 31,...
Source: PR Newswire
Goldman Sachs finds ways to stretch Volcker Rule

Goldman has come up with new ways to put its money to work in formats that appear to stay on the right side of Volcker, The New York Times reports.
Source: The New York Times | By: Nathaniel Popper
F.N.B. Corporation Reports Significant Revenue Growth and Record 2014 Net Income

PITTSBURGH, Jan. 22, 2015/ PRNewswire/-- F.N.B. Corporation today reported fourth quarter and full year 2014 results. Organic growth in total average loans was $280 million, or 10.3% annualized, with average commercial loan growth of $93 million, or 6.0% annualized, average consumer loan growth of $93 million, or 14.1% annualized, and average indirect auto loan...
Source: PR Newswire
Webster Reports 2014 Fourth Quarter Earnings

WATERBURY, Conn., Jan. 22, 2015/ PRNewswire/-- Webster Financial Corporation, the holding company for Webster Bank, N.A., today announced net income available to common shareholders of $48.4 million, or $0.53 per diluted share, for the quarter ended December 31, 2014 compared to $41.1 million, or $0.45 per diluted share, for the quarter ended December 31, 2013.
Source: PR Newswire