Earnings
Earnings
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The Honolulu-based credit union saw a nearly 7% increase in new members, thanks in part to an expanded branch presence in West Oahu.
November 7 -
Square Cash generates a lot of revenue – and the road to Square’s success is the Cash P2P app, along with Seller tools, as its two curated ecosystems that are cross-selling their way to profitability.
November 7 -
The Las Vegas-based institution reported that its net interest margin rose during the third quarter of 2019 as consumer loan balances increased.
November 1 -
The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.
November 1 -
The San Antonio company said it withstood rate pressures because it has been ahead of the game in deposit pricing over the last two years.
October 31 -
Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.
October 31 -
Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.
October 30 -
The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand.
October 30 -
Treasury secretary says regulators could look to help ease liquidity logjam in money markets; workers will get special bonuses for the third straight year.
October 30 -
Bank of America plans to pay its employees special bonuses for a third straight year after reporting record earnings in four of the past five quarters.
October 29 -
Mastercard is aggressively building a business payments ecosystem as it keeps an eye on political headwinds it has little control over.
October 29 -
Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.
October 28 -
The Delaware company recently learned of a disputed transaction that could take a bite out of future earnings.
October 25 -
The credit card issuer, which recorded an 11% decline in net income last quarter, took one-time charges in connection with a U.K. sales scandal, the start of a new partnership with Walmart and a recent data breach.
October 25 -
Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.
October 25 -
Visa is becoming more reliant on the businesses that it could have easily considered rivals just a few years ago.
October 24 -
The combination of low unemployment, rising wages and falling interest rates means more households are taking out loans for big-ticket items like speedboats and mobile homes.
October 24 -
The online lender posted a profit for the sixth consecutive quarter, as higher margins helped offset a decline in loan originations.
October 24 -
PayPal announced a record-breaking quarter on multiple fronts including overall growth in total payment volume , yet one issue still dogs PayPal — it loses money on the majority of Venmo users.
October 24 -
Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”
October 24