Mortgage Blog

Hawaii’s top five banks all reported increases in net income for the quarter ending Sep. 30.

Territorial Savings Bank, Central Pacific Bank and American Savings Bank saw growth across the board, with each reporting increases in net income, loans, deposits and assets, compared to 2017’s third quarter.

While the state’s largest banks, First Hawaiian Bank and Bank of Hawaii, also saw growth, both reported drops in deposits and assets from last year’s comparable period.

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By acquiring or merging with another company, businesses can offer a plethora of new products, increase their revenue and keep their customers satisfied.

This can be particularly attractive for smaller players struggling to offer certain services themselves.

Statistics tell us that in most closely held businesses, the majority of the owner’s wealth is tied up in their business. At some point, those owners will need liquidity. Since a merger or acquisition is quite possibly the largest financial…

Its third-quarter losses from catastrophic storms were almost a quarter of what they were last year.

Jeanette Ward's first job out of college was as a receptionist in Texas Mutual's executive office. About 25 years later, she's the insurance company's chief operating officer. Here's how she did it.

Every business transitions in the end, whether it’s passed down to the next generation, sold to a private equity firm or acquired by a competitor. The trick for owners is to sell at maximum value and in a way that ultimately benefits all involved – the owner, their family and their employees.

That’s where planning comes in. Engaging a business transition adviser ahead of time lets owners make smart decisions and lay a foundation for future success before a buyer comes knocking.

“Sometimes…

The organization is working with Employ Milwaukee to bring its vocational training system to the city.

After several years of downsizing in Canton, Nationwide is closing its office there and cutting 175 jobs.

The company is completing a move it announced in early 2015 to close the office, said spokesman Eric Hardgrove. The employees there will be laid off in groups beginning Dec. 30 and ending in March. Jobs impacted include underwriters, analysts, customer support and administrative jobs, according to a letter filed with the state.

“Given Nationwide’s strong history in Canton, and the unique…

Phoenix soon will see an increased presence from another major financial services corporation.

Alongside its office in Scottsdale, Voya Financial Inc. (NYSE: VOYA) will open a second office in the Phoenix metro area, the company said Thursday. In addition, Voya plans to hire more than 1,000 new employees to fill the new building, which will house a call center, customer and business support, human resources and IT, according to a company announcement.

“Phoenix’s prime geographic location, coupled…

JPMorgan Chase CEO Jamie Dimon, Wells Fargo CEO Tim Sloan and U.S. Bank CEO Andy Cecere visited Portland in the last three months. Here's what they had to say.

Each week we gather news tidbits in our Capital Gains column. This week we compared Yeti's start on the NYSE to its product lineup; saw the national spotlight shine on a handful of Austin companies; highlighted a new Austin mezcal startup; and followed an expensive meme mistake.