Fee Income Boosts U.S. Bancorp Profit
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U.S. Bancorp USB.N, the No. 6 U.S.  bank, on Tuesday said fourth-quarter profit rose, helped by  growth in fee income.
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U.S. Bancorp , the  sixth-largest U.S. bank, said on Tuesday fourth-quarter profit  fell 21 percent, hurt by losses from loans and money market  mutual funds, and a legal settlement.
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Bank of America Corp. , the No. 3 U.S. bank, on Tuesday said fourth-quarter profit rose 41 percent, helped by growth in consumer banking fees and its purchase of FleetBoston Financial Corp.
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SunTrust Banks Inc. STI.N, a large  southeastern U.S. bank, on Thursday said fourth-quarter profit  rose, helped by loan and deposit growth.
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Wells Fargo & Co. WFC.N and U.S.  Bancorp USB.N, two of the largest U.S. banks, on Tuesday both  said third-quarter profit rose 12 percent, helped by growth in  consumer lending.
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The nationâs largest retail brokerage said stronger investment banking results and fees from stock transactions helped boost profit to $2.07 billion.
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Bank of New York Mellon Corp ,  created this month from the merger of Bank of New York Co. and  Mellon Financial Corp., on Thursday said rising fees from  holding securities and processing trades helped boost operating  profit at the former Bank of New York and Mellon.
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M&amp;T Bank, the US bank in which AIB has a 22% stake, said today that its third quarter profits rose by a greater than expected 19%, helped by growing fees and a drop in bad loans.
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CHERRY HILL, NJ -- Commerce Bancorp Inc., the parent of Commerce Bank, said Tuesday its profit jumped 42 percent in the third quarter, boosted by strong deposit growth.
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ST GEORGE Bank has continued to post big gains from its lending with the Sydney based company producing an 18 per cent lift in after tax profit to $717 million.
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Bear Stearns Cos.  said on Thursday quarterly net income soared 38 percent, helped by gains from fees for merger advice and underwriting debt.
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Bank of New York Mellon Corp  said on Thursday third-quarter profit rose 11 percent, helped by growth in fees from asset management and providing back-office services to institutional clients.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday quarterly profit rose 5 percent, topping analyst estimates, as gains from private equity and investment banking offset lower retail banking earnings and worsening loan quality.
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday that its quarterly profit rose 93 percent on investment gains, banking fees and strong trading results.
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KeyCorp , a large U.S. Midwest bank, said on Tuesday that second-quarter profit rose 8 percent, helped by growth in fee income.
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Wells Fargo & Co.  and U.S. Bancorp , two of the largest U.S. banks, on Tuesday both said third-quarter profit rose 12 percent.
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Wachovia Corp. , the No. 4 U.S.  bank, said on Thursday that second-quarter profit rose 14  percent, helped by a sharp increase in fee income.