Banking & Finance

Minneapolis-based U.S. Bancorp reported that its first quarter earnings rose 6.7 percent. Net earnings rose to $1.43 billion, or 73 cents per share, for the first quarter ended March 31, from $1.34 billion, or 67 cents per share, a year earlier.

The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, reported first quarter net income of $1.0 billion, or $1.76 per share, compared with $811 million, or $1.44 per share, in the same period a year ago.

Brown Deer-based Bank Mutual Corp. reported first quarter net income was $2.5 million, up 120 percent from $1.2 million the same quarter a year ago.

Associated Banc-Corp reported first quarter net income of $46 million, or 27 cents per share, up from $41 million, or 24 cents per share, in the same quarter a year ago.

Briggs & Stratton Corp. reported fiscal third quarter net income of $38.5 million, or 78 cents per share, down from $39.9 million, or 80 cents per share, in the same period a year ago.

Jacsten Holdings LLC, a Milwaukee-based family investment firm, has announced an investment in Hartford-based Triton Corp., the latest addition to Jacsten’s portfolio.
 

“The Stock Market of 2013” will be the subject of a Milwaukee Press Club Newsmaker Luncheon to take place on Wednesday, May 1, from 11:45 a.m. to 1:30 p.m.

Small business owners are split on the state of the economy, according to the 2013 U.S. Bank Small Business Annual Survey.

If the state had a checklist for spring cleaning, income taxes would be on it. No one benefits from complex laws that burden individuals, small businesses, and tax collectors alike.

Jacsten Holdings LLC, a Milwaukee-based family investment firm, today announced an investment in Hartford-based Triton Corp., the latest addition to Jacsten’s portfolio.