NEW YORK (Dow Jones)--New York's small- and mid-sized businesses want loans, according to upstate-based First Niagara Financial Group Inc. (FNFG) and New York City-based Sterling Bancorp (STL).
Both banks reported strong earnings improvement for their fourth quarters from the prior year and said that customers appear to be more confident, driving double-digit loan growth. Shares of both ticked higher Thursday, with First Niagara up 2.7% to $14.40 and Sterling up 3 cents to $10.20.
No comments:
Post a Comment