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Diversified Banks

NerdWallet IPO: Should you invest in the personal finance startup?

Wall Street has witnessed a flurry of IPOs by financial service companies this year. Personal finance startup NerdWallet, Inc. last…

360 DigiTech (NASDAQ: QFIN) Q3 2021 Research Summary

The positive effects of widespread digitalization and e-commerce growth on China’s financial services industry became more pronounced during the pandemic…

360 DigiTech CFO Alex Xu: Lower prices will enhance borrower activity, retention rates

360 DigiTech, Inc. (NASDAQ: QFIN) ended the first half of fiscal 2021 on an upbeat note, delivering record-breaking operating results…

Goldman Sachs (GS) Earnings: Q2 profit beats estimates on higher revenues

Banking giant The Goldman Sachs Group, Inc. (NYSE: GS) reported higher earnings and revenues for the second quarter of 2021.…

Blend Labs IPO: A look at the pros and cons of investing in $360-mln IPO

For financial service providers, 2020 was a big year as the industry witnessed major changes like the internet banking revolution,…

360 DigiTech (NASDAQ: QFIN) Q2 2021 Research Summary

The pandemic-induced financial uncertainties have changed the dynamics of the consumer lending market. Customers are being drawn to online lending…

Economic recovery gives 360 DigiTech further room for growth: CFO Alex Xu

Online lending platform 360 DigiTech, Inc. (NASDAQ: QFIN) had an impressive start to fiscal 2021, with loan volume growth accelerating…

Intuit (INTU) Q3 results miss estimates; revenue up 39%

Financial technology company Intuit Inc. (NASDAQ: INTU) reported higher earnings and revenues for the third quarter of 2021. But the…

When it comes to investing in Morgan Stanley (MS), pros largely outweigh cons

After expanding its investment and wealth management businesses through strategic acquisitions, Morgan Stanley (NYSE: MS) has shifted to the high-growth…

Undeterred by crisis, Bank of America stays in expansion mode

Leading Wall Street banks recorded robust earnings in the early months of fiscal 2021 with the results benefiting from the…

Can restructuring accelerate Citigroup’s recovery from slowdown?

The COVID vaccination campaign and the upbeat stock market, which witnessed a rally as many industries thrived on the virus-driven…

For Wells Fargo (WFC), Q1 sets the stage for long-term recovery

Emerging from the slowdown caused by coronavirus, the financial services sector entered fiscal 2021 on a bright note, thanks to…

Infographics: Citigroup (C) stock gains on strong Q1 earnings

Banking giant Citigroup Inc. (NYSE: C) reported a higher net profit for the first quarter of 2021, despite a decrease in revenues.…

Earnings Infographic: Wells Fargo (WFC) Q1 earnings, revenue top expectations

Financial services provider Wells Fargo & Company (NYSE: WFC) Wednesday said its first-quarter 2021 profit increased from last year aided…

It might not be the right time to invest in American Express. Here’s why

Widespread flight cancellations and restrictions on the hotel industry during the pandemic have had a ripple effect on credit card…

Key highlights from JPMorgan Chase (JPM) Q4 2020 earnings results

JPMorgan Chase & Co. (NYSE: JPM) reported fourth-quarter 2020 earnings results on Friday. Revenues came in at $ 29.2 billion, an increase…

360 DigiTech (NASDAQ: QFIN) Q4 2020 Research Summary

360 DigiTech, Inc. (NASDAQ: QFIN) has carved a niche for itself in China's financial service sector with a unique business…

Recovery in credit demand, consumer confidence will drive growth: 360 DigiTech CFO Alex Xu

Encouraged by the strong performance of its capital-light business, 360 DigiTech, Inc. (NASDAQ: QFIN) is transitioning into a low-risk business…

Infographic: 360 DigiTech (QFIN) Q3 revenue up 43%; profit jumps

360 DigiTech, Inc. (NASDAQ: QFIN) on Thursday said its third-quarter revenues and earnings increased in double digits, despite the unfavorable…

Infographic: Mastercard (MA) stock drops after Q3 results miss estimates

Mastercard (NYSE: MA) reported lower earnings and revenues for the third quarter, which also missed Wall Street's expectations. The credit…

Wells Fargo (WFC) stock falls after Q3 earnings miss view

Banking giant Wells Fargo (NYSE: WFC) reported lower revenues and earnings for the third quarter of 2020. Revenues beat the…