Earnings
Earnings
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Bankers will be pressed on upcoming earnings calls to forecast how the coronavirus pandemic — and the government's response — will shape credit quality, margins and fee income.
March 25 -
Margins will be squeezed after the Federal Reserve lowered interest rates earlier this month to counteract the economic fallout from the coronavirus.
March 25 -
Membership growth is slowing and expenses are up. But it's not all bad news.
March 6 -
The Exton, Pa.-based credit union grew its commercial real estate and credit card lending in 2019 from a year earlier.
March 2 -
San Diego County Credit Union saw membership rise 4.5% last year, but net income was down due to decreased loan volumes, increased charge offs and higher operating expenses.
February 28 -
The San Francisco bank has revised its guidance downward, while also cautioning that an outbreak of the coronavirus could take an even bigger bite out of profits in 2020.
February 27 -
The growth and monetization of Square’s Cash App boosted the company's quarterly earnings, along with the sale of its food delivery unit Caviar.
February 27 -
A spike in loan-loss provisions dragged down first-quarter profits at the Toronto company’s U.S. unit.
February 25 -
The FDIC’s Quarterly Banking Profile said lackluster net interest income, likely resulting from lower short-term interest rates, drove a decline in fourth-quarter and full-year earnings.
February 25 -
The company revised its results to a net loss of $700,000 after deciding to record a $16 million loan-loss provision for the commercial loan.
February 24 -
Data from regulators in the Badger State show state-chartered CUs making gains in several key areas in 2019 even amid a dip in ROA and an increase in allowance for loan losses.
February 21 -
The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.
February 19 -
The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.
February 18 -
The bank's announcement that it will slash about 35,000 staff and take $7.3 billion of charges prompted its stock to tumble and renewed questions about the bank's direction and lack of a permanent CEO.
February 18 -
Fort Worth City CU returned money to members who saved and borrowed from the credit union last year, though net income was down amid an increase in charge offs and delinquencies.
February 14 -
The Raleigh, North Carolina, institution's payout for 2019 was 12% higher than the previous year.
February 14 -
Western Union's online strategy is paying off, as web transfers help overcome softness in troubled local markets.
February 11 -
The Rhode Island-based credit union also returned a patronage dividend to members for the 31st consecutive year.
February 11 -
The Indiana-based institution saw net income rise nearly more than 7% last year, along with other gains.
February 10 -
Some of the year-over-year drop in net income can be attributed to higher-than-normal figures in 2018 and costs associated with opening three new branches in 2019.
February 7


















