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Banking & Finance
F.N.B. Reports 1st-Quarter Net Income of $21.58M
Tuesday, April 24, 2012HERMITAGE, Pa. – F.N.B. Corp., parent of First National Bank of Pennsylvania, Monday reported net income of $21.56 million for the quarter ended March 31, or 15 cents per diluted share.
This compares to net income of $23.74 million, or 18 cents per share, for the quarter ended Dec. 31 and $17.18 million, or 14 cents per share, for the quarter ended March 31, 2011.
Cortland Banks Warns of PIN Card Scam
Tuesday, April 24, 2012CORTLAND, Ohio – Scam artists identifying themselves as employees of Cortland Banks have been sending bogus text messages and automated telephone calls to customers and noncustomers asking them to provide their four-digit PINs -- personal identification numbers -- by calling a telephone number.
These texts and automated calls, sent last Saturday and Sunday, are fraudulent, says the vice president and director of security at Cortland Banks, Charles J. Commons.
KeyCorp Nets $199 Million for First Quarter
Tuesday, April 24, 2012CLEVELAND -- KeyCorp reports net income from continuing operations of $199 million, or 21 cents per common share, for the first quarter of 2012. Nonperforming loans declined to $666 million, or 1.35% of period-end loans, and nonperforming assets decreased to $767 million at March 31.
First-Quarter Net Income is $811M at PNC
Monday, April 23, 2012PITTSBURGH -- The PNC Financial Services Group Inc. reports first quarter net income of $811 million, or $1.44 per diluted common share. This compares with net income of $493 million, or 85 cents per diluted common share, for the fourth quarter of 2011 and $832 million, or $1.57 per diluted common share, for the first quarter of 2011.
Breaking News: First Place Terminates CEO Lewis
Friday, April 20, 2012WARREN, Ohio -- Moments after the markets closed today, First Place Financial Corp. filed notice with the Securities and Exchange Commission that its board of directors has terminated the employment of Steven R. Lewis as president and CEO of the company and its banking subsidiary, First Place Bank.
No reason was given for the termination, which was effective immediately.