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Financial Services

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  • Financial Services

    Cash back? Kroger now charges for a ‘yes’

    Kroger now charges 50 cents or $3, depending on how much "cash back" you request with your debit card.

    By Tom Bailey September 03, 2019
  • Financial Services

    Banks with Memphis presence reported solid Q2 financial results

    Strong first half of 2019 for local banks facing headwinds in the second half with changing monetary policy.

    By Christin Yates August 24, 2019
  • North Memphis

    $1.25 million building permit filed for Regions in Raleigh

    A $1.25 million building permit has been filed for construction of a new Regions Bank in Raleigh. 

    By Omer Yusuf August 15, 2019
  • Financial Services

    Mutual fund helping drive growth for Preserver Partners

    Preserver Partners has grown to nearly $150 million in assets under management and nearly 500 investors.

    By Christin Yates August 04, 2019
  • Financial Services

    Federal Reserve board lowers key interest rate

    The Federal Open Market Committee voted Wednesday afternoon to lower the federal funds rate by 0.25% to a range of 2% to 2.25%.

    By The Daily Memphian Staff July 31, 2019
  • Financial Services

    BancorpSouth matches Q2 earnings estimates

    BancorpSouth reported higher revenues and earnings in the second quarter compared to a year ago while completing two mergers and repurchasing shares of the company during the period.

    By Christin Yates July 19, 2019
  • Financial Services

    Bank of America opens new office with Merrill Lynch under new Memphis market president

    Livingston Albritten, new Memphis market president for Bank of America, wants the institution to play a bigger role in the city's financial industry.

    By Christin Yates July 19, 2019
  • Financial Services

    Net income rises 17% for Pinnacle Financial in second quarter

    Pinnacle records double-digit growth in net income and revenue for its second quarter compared to the same period in 2018.

    By Christin Yates July 17, 2019
  • Financial Services

    First Horizon beats consensus EPS estimate by 5 cents in Q2

    Memphis-based banking holding company surpasses estimates for earnings and revenue in solid second quarter.

    By Christin Yates September 13, 2019
  • Financial Services

    Local strategists weigh in on Fed interest rate decision

    Some say a lowering of the federal funds rate is possible at Wednesday’s Federal Open Market Committee meeting, but most local strategists don't see that just yet.

    By Christin Yates June 18, 2019
  • Financial Services

    Truist Bank? SunTrust, BB&T propose new name post-combination

    SunTrust Bank and BB&T Corp. would become Truist Bank and Truist Financial Corp. if the new name and their planned consolidation are approved by shareholders.

    By The Daily Memphian Staff June 12, 2019
  • Financial Services

    First Tennessee Bank changing to First Horizon this fall

    First Tennessee Bank and Charlotte-based Capital Bank will rebrand as First Horizon Bank starting this fall, Memphis-based holding company First Horizon National Corp. said Tuesday.

    By Wayne Risher June 12, 2019
  • Financial Services

    Local nonprofits extend reach with grants from First Horizon Foundation

    Local nonprofits filling community needs with help from the First Horizon Foundation, which recently released its first annual report. 

    By Christin Yates June 02, 2019
  • Financial Services

    Agencies pitch programs to potential funders at Investment Connection

    It didn't open a vault, but the St. Louis Fed did put several community organizations much closer to funds for new initiatives on Tuesday. 

    By Christin Yates May 22, 2019
  • Financial Services

    Financial planner aims to help 10,000 Memphians become debt free by 2020

    Taking a cue from the financial counseling she always gives clients about the importance of becoming debt free, Nancy Knous has taken that advice to a new level.

    By Christin Yates May 19, 2019
  • Financial Services

    EquityCompass strategist discusses impact of innovation disruptors on markets

    Innovation is forcing more established companies to adapt to industry disruptors, but also creating wealth opportunities for investors. 

    By Christin Yates May 16, 2019
  • Financial Services

    Moving into Q2, banks strategizing around interest rates

    A slower rising interest-rate environment endorsed by the Federal Reserve has local banks making moves to adjust operations for upcoming quarters.

    By Christin Yates May 07, 2019
  • Financial Services

    Tri-State Bank reports positive earnings for 2018, brighter outlook

    Tri-State Bank records a profitable year in 2018 and is targeting more residential mortgages and perhaps even new branch offices beyond its primary banking location in Whitehaven.

    By Christin Yates April 21, 2019
  • Financial Services

    BancorpSouth misses estimates for first quarter 2019 earnings

    BancorpSouth falls short of estimates in the first quarter, but points to two additional acquisitions to spur growth in its footprint. 

    By Christin Yates April 18, 2019
  • Financial Services

    FHN points to deposit growth in key markets in Q1 earnings

    First Horizon National Corp. reports slight increase in earnings per share, slight decline in revenue from the first quarter a year ago.

    By Christin Yates April 16, 2019
  • Financial Services

    Pinnacle Financial earnings up from 2018 first quarter

    Pinnacle Financial's first-quarter earnings rise from a year ago and so do revenues, but revenues miss consensus target of Zacks Equity Research.

    By Christin Yates April 16, 2019
  • Financial Services

    First Horizon keeps spot on Top Companies for Executive Women list

    Memphis-based First Horizon National Corp. has again been recognized as a top company for executive women. The company says 77 percent of managers are female.

    By The Daily Memphian Staff April 06, 2019
  • Financial Services

    CFA Institute president offers insight to Memphis finance community

    The global president of the Chartered Financial Analyst Institute was in Memphis Thursday to encourage local CFA members to stay focused on helping clients achieve their financial goals.

    By Christin Yates March 15, 2019
  • Financial Services

    Evolve Bank & Trust extends title sponsorship of Cooper-Young Festival through 2021

    Evolve Bank & Trust has renewed its title sponsorship of the Cooper-Young Festival through 2021.

    By Natalie Pilgrim March 06, 2019
  • Financial Services

    Memphis-based Mercer Capital expands in Texas with new Houston office

    Mercer Capital's strategy of growing around talent takes the Memphis-based business valuation and financial advisory firm into major markets in Texas.

    By Christin Yates March 06, 2019

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