Earnings
Earnings
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Strong holiday spending was marked by active e-commerce spending, providing an impetus to invest in more digital payment technology.
February 2 -
The companies posted profit and revenue in the three months ended Dec. 31 that beat analysts’ estimates and boosted their 2018 earnings forecasts.
February 1 -
Profits fell 42% at the Birmingham, Ala., bank because of a $121 million tax charge in the fourth quarter, but net interest income and noninterest income each rose 14%, softening the blow of the one-time tax hit.
February 1 -
PayPal's brand is so ingrained with eBay sellers that its success forced the online marketplace to buy it in 2002. Even after the companies separated, their businesses remained intertwined. So it is no small decision for eBay to instead select Adyen as its primary payment processor.
February 1 -
Mastercard Inc. doesn’t traffic in cryptocurrencies, but it’s benefiting from them just the same.
February 1 -
PayPal Holdings Inc. issued a forecast that didn’t meet Wall Street’s expectations, signaling struggles ahead as it looks to compete with banks and startups in the online payments market.
January 31 -
After reporting its fourth-quarter earnings, the subprime auto lender said it expects the new tax law to enable more car owners to stay current on their loans.
January 31 -
The company, which has been actively curbing growth to avoid becoming a systemically important financial institution, reported lower loan balances and reduced fee income after exiting the residential wholesale mortgage business.
January 31 -
Commercial lending and mortgage income surged in the fourth quarter at the West Virginia bank thanks to two acquisitions, but a tax charge cut into profits.
January 30 -
The Minnesota bank was able to realize a large net tax benefit in the same quarter it took a big charge to exit auto lending, so in the end its profits doubled.
January 30 -
The Detroit company recorded an 11% increase in car loans and leases originated during the fourth quarter, as well as a jump in yields. Ally appears to be benefiting from Wells Fargo's substantial retrenchment in auto lending.
January 30 -
The results included a $222 million goodwill impairment charge and other one-time items.
January 30 -
The credit union saw net income of nearly $3 million during Q4 and more than $11 million for the year.
January 29 -
The Florida company reported increased net income even though its loan pipelines and production were hurt by last year's storms.
January 26 -
The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank.
January 25 -
Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending and gains on the company's investments in Roku.
January 25 -
Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.
January 25 -
The Texas bank also capitalized on rising rates and a positive adjustment to deferred taxes tied to tax reform in reporting a double-digit gain to profits in the fourth quarter.
January 25 -
The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank.
January 25 -
Double-digit growth in total loans more than offset higher chargeoffs and a decline in fee income at the Pasadena, Calif., company.
January 25





















