NEW YORK, NY--(Marketwire - Nov 1, 2012) - Northeast regional banks as a whole are slowly improving on the backing of a combination of several key factors: improving credit quality, increased loan demand and declining provisions for loans losses. Weak capital spending continues to pose as a headwind but the industry is moving in a positive direction. Get your free reports on Fulton Financial Corp. and Susquehanna Bancshares Inc. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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Fulton Financial Corp. was among a few banks within the industry that was able to improve in all three of the above areas. Its provision for loan losses fell from $25.5 million to $23 million in the third quarter. It saw better demand for loans and credit quality also improved. Fulton Financial Corp. report is accessible for free by registering today at
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Susquehanna Bancshares Inc. did not see a marked improvement to loan loss provisions in the third quarter. However, it did see loans and leases climb $89.7 million during the quarter. This figure would have been even higher had it not been for decreases in real estate construction and commercial real estate loans. Recent optimism in the housing market could provide a lift before the end of the year though. Susquehanna Bancshares Inc. report is accessible for free by registering today at
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