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Banking industry news
475 posts
Indian Bank FY25 profit jumps 35% to Rs 10,918cr as RAM lending, asset quality and digital banking fuel growth
Indian Bank’s FY25 net profit surged 35% to ₹10,918 crore. Explore what’s driving investor sentiment, stock valuation, and institutional interest.
Banco Santander delivers €3.4bn profit in Q1 2025, reaffirms annual targets amid strong capital, fee income and efficiency gains
Banco Santander’s €3.4B Q1 profit and digital shift fuel its push toward €62B annual revenue and 16.5% RoTE. See how investors are reacting.
IDFC FIRST Bank surges past Rs 1,500cr profit mark despite microfinance woes
Find out how IDFC FIRST Bank achieved a ₹1,525 crore profit in FY25 amid strong deposit growth, resilient asset quality, and major capital boost plans!
Axis Bank Q2FY25 profit spikes 18%—see what’s driving its digital dominance
Axis Bank has reported a strong financial performance for the quarter ending 30th September 2024, with profits and…
ELGA Credit Union to acquire Marine Bank in $43.75 per share all-cash deal
ELGA Credit Union (“ELGA CU”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the parent company of Marine…
UBS Group completes merger with Credit Suisse to strengthen market position
UBS Group AG has officially announced the completion of its merger with Credit Suisse AG, marking a significant…
Wayne Savings Bancshares merges with Main Street Financial Services, bolstering community banking
In a significant move in the community banking sector, Wayne Savings Bancshares, Inc. (OTCQX: WAYN) and Main Street…
Atlanta Postal Credit Union to acquire Affinity Bank in landmark all-cash deal
Atlanta Postal Credit Union (APCU), Georgia’s oldest and the largest postal credit union in the United States, alongside…
Dogwood State Bank and Community First Bancorporation shareholders approve merger
Shareholders of Dogwood State Bank (OTC: DSBX) and Community First Bancorporation (OTC: CFOK) have overwhelmingly approved the merger…
Gesa Credit Union to acquire Security State Bank in strategic expansion move
In a significant development within the banking sector of the Pacific Northwest, Gesa Credit Union, headquartered in Richland,…