Earnings
Earnings
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With Blankfein retiring, the JPM chief will be the last crisis-era big bank CEO still in charge; earnings and big payouts are boosting bank equity prices.
August 6 -
The charge calls into question the speed of the turnaround under CEO Brian Duperreault; the payout will be the Scottish bank’s first since the financial crisis.
August 3 -
Fannie Mae’s treatment of a reperforming loan package helped drive up earnings by almost 41% to $4.5 billion, delivering a stronger dividend to Treasury ahead of a leadership change.
August 2 -
Square Inc. gave an earnings forecast for the current quarter and year that fell short of analysts’ high expectations, a rare miss for the company and a signal its spending on new products and growth are tempering profit.
August 2 -
The $2.1 billion settlement is likely to be the last of the big toxic mortgage cases from the financial crisis; the move pressures rivals to lower prices.
August 2 -
Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.
July 31 -
Its noninterest expense rose 17% from a year earlier, in part because of costs stemming from its recent overdraft protection settlement with federal regulators.
July 27 -
The California company also benefited from higher interest rates and double-digit loan growth.
July 26 -
A smaller tax bill and a double-digit growth in card loans offset weakening credit quality at the Riverwoods, Ill., company.
July 26 -
The San Antonio company also kept a lid on expenses in the second quarter, further boosting its bottom line.
July 26 -
The jewel in PayPal's crown — Venmo — has lost some of its shine.
July 26 -
Mastercard's strong performance is dampened by threats from trade disputes and Brexit, both of which could cause the company pain in the future.
July 26 -
The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition.
July 26 -
Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.
July 26 -
The outage that halted a portion of Visa payments in Europe was almost two months ago, but the card brand is still explaining what happened and attempting to isolate the incident.
July 25 -
Spending on the firm’s U.S. credit-card products climbed to $493 billion during the fiscal third quarter, when outstanding card debt reached a record in the country.
July 25 -
Dan Loeb’s big bet on PayPal Holdings Inc. is off to a rough start. The payments giant projected revenue below analysts’ estimates for this quarter and saw Venmo growth continue to slow, causing concern among Wall Street analysts that had been bullish on the app’s potential.
July 25 -
As the company boosts originations to subprime and other borrowers, it remains to be seen if the improvements in asset quality will continue. A similar question mark is hanging over many consumer lenders these days.
July 25 -
The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions.
July 25 -
Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.
July 25





















