Categories AlphaGraphs, Earnings, Finance
Infographic: Bank of America (BAC) Q1 2020 Earnings Results
Bank of America (NYSE: BAC) reported a 45% dip in earnings for the first quarter of 2020 due to the inclusion of higher provision expense for COVID-19 related reserve build. During the quarter, the company suspended its buyback program to provide additional support to the economy.
The increase in loan loss reserves and the impact of lower interest rates hurt income in Consumer Banking while higher provision expense impacted income in Global Wealth and Investment Management as well as in Global Banking. The higher sales and trading revenue drove income in the Global Markets higher.
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FDX Earnings: All you need to know about FedEx’s Q1 2022 earnings results
FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a
Adobe reports 22% spike in Q3 revenue: Infographic
Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher
Starbucks (SBUX) Stock: Should you invest in the coffee giant now?
The restaurant and food service industry is struggling to regain momentum after being hit hard by the pandemic. Restauranteurs are currently busy adapting to the changed operating conditions, shifting focus
