McLEAN, Va. - (07/22/04) -- Online Resources Corp. saidWednesday that net earnings rose to $1.2 million, or six cents ashare, for its second quarter, compared to a loss of $148,000, orone cent a share, for the same quarter last year. The bottom linewas boosted by a 20% rise in revenues, to $10.1 million for thequarter. Revenues grew 2% for the first six months, to $19.8million, compared to $19.4 million for the first half last year,but earnings declined for the first half to $1.6 million, or eightcents a share, from $2 million, or 13 cents a share.
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A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.
7h ago -
The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
June 16 -
The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."
June 16 -
Isabella Bancorp in Mount Pleasant to enter the Grand Rapids market with $54.6 million purchase of Grand River Commerce in Grandville.
June 16 -
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
June 16 -
The fintech joins a handful of fintechs and payments companies that have laid off staff this year. Robinhood CEO Vlad Tenev said the decision was proactive to keep the organization lean.
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