Earnings
Earnings
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Wells Fargo & Co. may have a new leader, but the work of reinvigorating the firm after years of troubles is far from over.
January 14 -
Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.
January 14 -
Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter, pushing annual earnings to a record $36.4 billion.
January 14 -
The latest dividend brings the credit union's member returns to more than $32 million in 23 years.
January 13 -
Profits at big banks are expected to be up versus a year ago but down from the third quarter; add antiquated systems to the bank’s many problems.
January 13 -
Estimates for 2020 are for a combined profit drop of $10 billion as global interest rates remain stubbornly low and geopolitical tensions stay high.
January 10 -
The Tulsa-based credit union reached $2 billion in assets at the close of 2019. It hit the $1 billion mark in 2011.
January 10 -
With loan demand weak due to factors beyond their control, small-bank execs can expect to field lots of questions about capital and expense management.
January 8 -
The Alexandria, Va.-based credit union's growth was partly driven by strong earnings through the first three quarters of 2019.
January 8 -
Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.
January 7 -
Premier Federal and Educators Credit Union together returned more than $3.7 million to members on the strength of their 2019 performance.
January 6 -
Whitefish FCU in Montana and Hanscom FCU in Massachusetts have both returned money to members on the strength of those institutions' 2019 performance.
January 2 -
The Maine-based credit union saw several successes this year despite a slip in net income.
December 30 -
The Wisconsin-based institution's $4 million return is double what it paid out just five years ago.
December 30 -
Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.
December 26 -
A roundup of some of this year's patronage dividends and how credit unions are passing their success back on to members.
December 24 -
Big picture the industry is doing well, but at the median, lending and membership are flagging even as deposits and assets rise.
December 18 -
The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.
December 12 -
JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.
December 11 -
The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.
December 9



















