Daily Brief · November 4, 2026
OCC issues examiner framework for banks’ super intelligence use
Examiners will assess related risks and controls within existing supervision. The OCC says super intelligence and agentic systems should not require a separate risk category or risk appetite.
Earnings
FITB Fifth Third reports acquisition-driven growth from its completed CMA Comerica deal
The Comerica acquisition closed February 1, 2026, according to Quantisnow’s summary of Fifth Third’s third-quarter 10-Q. Higher commercial payments, wealth management and capital markets revenue drove noninterest income growth, partly linked to the acquisition.
- Acquired commercial loans
- $46.5Band leases
- Earning asset growth
- 40%+$76.5B
- Noninterest income increase
- $738Myear over year
BAFN BayFirst reports deposit growth outpacing net loan growth
BayFirst’s November 3 call filing reports a $25.3 million quarterly deposit increase versus a $20 million increase in loans held for investment. Following its previously reported narrower quarterly loss, management also highlighted improved net interest margin and a rights offering completed in September.
- Deposit growth
- $25.3Mquarter over quarter
- Net interest margin
- 4.07%+59 bp q/q
- Quarterly net loss
- $0.7Mvs $32.7M
- Capital raised
- >$14Mrights offering
BankAnalysis data · June 30
BayFirst National Bank's return on assets was -10.95%, the lowest of 125 peers (median 1.20%).
Deals and capital
FNWD Finward shareholders approve FFBC First Financial merger
The stock transaction would add Finward’s roughly $2 billion in assets to First Financial Bancorp. First Financial reported federal regulatory approval in its October 27 results.
- Deal value
- $208Min stock
- Closing
- Jan 1, 2027expected
KEY KeyCorp agrees to acquire Atlantic-Pacific Capital
The acquisition through KeyBanc Capital Markets would expand fund placement, direct private placement and secondary advisory capabilities. Closing is expected in early 2027, subject to regulatory approval.
- Professionals added
- >30
Also today
- Abrigo disclosed unauthorized access that shut down Sageworks, its lending platform used by more than 2,400 institutions.American Banker
- JPM JPMorgan and HSBC offered to help development banks free up capital.Bloomberg.com
- CBSH Commerce authorized repurchases of up to 7.5 million shares, including its remaining prior authorization.CBSH 8-K
- AXP American Express will remove the Pay Over Time opt-out on eligible charge cards from February 1, 2027.www.insideflyer.com
- The Federal Reserve approved Amalgamated’s redemption of $54.3 million in subordinated notes.Stock Titan
- ABA urged Ohio’s Supreme Court to support FITB Fifth Third’s defense against borrowers seeking $444 million.ABA Banking Journal
- NBHC National Bank Holdings raised its quarterly dividend to $0.33 per Class A share.NBHC 8-K