Corporate finance

The online consumer lender beat revenue expectations in the first quarter, but its net income was dragged down by larger provisions that the company attributed to tariff "uncertainty."

The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.

During the payment company's earnings call, CEO Alex Chriss said "we can be a place to come in times of need."

The challenger bank exceeded analysts' expectations in income, revenue and earnings per share.

Supply-chain woes, inflation and skittish travelers are just a few of the tariff-driven factors pressuring PayPal, Visa and Mastercard during upcoming earnings calls.

The acquisition of the $5.7 billion-asset HarborOne Bancorp would be Eastern's third purchase of a Boston-area bank in the last five years.

The Long Island-based regional bank, which reported another quarterly loss Friday, continues to hire in the commercial-and-industrial lending sphere as it seeks to diversify its commercial real estate-heavy business.

The Pennsylvania bank, which is working to diversify its deposit base and increase its access to low-cost deposits, has brought on some 10 commercial banking teams in the last year.

The Washington, D.C.-area bank reported a significant boost in provisions to cover emerging vulnerabilities in its $1 billion portfolio of office loans.

The Raleigh, North Carolina-based company, which has been acquisitive in recent years, is more than halfway through a $3.6 billion share-repurchase plan. Executives said it's the best way to return capital to shareholders, but mergers remain part of its long-term strategy.