Banking & Finance
MGIC earnings soar
Milwaukee-based MGIC Investment Corp. today reported first quarter net income of $133.1 million, or 32 cents per share, up significantly from $60 million, or 15 cents per share, in the first quarter of 2014.
Baird Capital invests in Alpha Source
Milwaukee-based Alpha Source, a leading medical equipment solutions provider, has received a direct private investment from Milwaukee-based Baird Capital, a division of Robert W. Baird & Co. Inc.
Northern Trust reports 27% higher profits
Northern Trust Corp. today reported first quarter net income of $230.7 million, or 94 cents per share, up 27 percent from $181.4 million, or 75 cents per share, in the first quarter of 2014.
Associated Bank opens Third Ward branch
Associated Bank on Monday opened its new branch at 102 N. Water St. in Milwaukee's Historic Third Ward.
Associated Bank buys mortgages from Habitat for Humanity
Associated Bank has purchased about $2 million in residential mortgages from Milwaukee Habitat for Humanity in one of the largest one-time mortgage sales in the chapter’s history.
Wells Fargo, Greater Milwaukee Foundation to fund neighborhood development with $1 million
A pot of $1 million jointly created by Wells Fargo and the Greater Milwaukee Foundation will advance the second phase of the Milwaukee Wells Fargo NeighborhoodLIFT program, which centers on improving neighborhoods by widening access to housing and employment.
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Wells Fargo, Greater Milwaukee Foundation to fund neighborhood development with $1 million
A pot of $1 million jointly created by Wells Fargo and the Greater Milwaukee Foundation will advance the second phase of the Milwaukee Wells Fargo NeighborhoodLIFT program, which centers on improving neighborhoods by widening access to housing and employment.
FirsTime Design reports jump in profits
New Berlin-based clock manufacturer and distributor FirsTime Design Ltd. on Wednesday reported first quarter net income of $218,000, or 14 cents per share, up 57 percent from net income of $139,000, or 9 cents per share, in the first quarter of 2014.
Bank Mutual profit up 25%
Brown Deer-based Bank Mutual Corp. on Wednesday reported first quarter net income of $3.6 million, or 8 cents per share, up 25 percent from net income of $2.8 million, or 6 cents per share, in the first quarter of 2014.
Baird reports record 2014 revenue
Milwaukee-based Robert W. Baird & Co. Inc. today reported record net revenue of $1.2 billion in 2014, up 12 percent over 2013. It is the fifth consecutive record year the employee-owned financial firm has reported.
