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Diversified Banks

How Bank of America (BAC) and Goldman Sachs (GS) performed in their Q2

The well-known US banking firms, including Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS) have reported their quarterly…

A visual dashboard of PNC Financial (PNC) Q2 2020 earnings results

PNC Financial Services Group's (NYSE: PNC) revenue in the second quarter declined 3% and missed the Street's estimates. The banking…

U.S. Bancorp (USB) stock gains after Q2 earnings beat Street view

U.S. Bancorp (NYSE: USB) reported a decline in second-quarter earnings on flat revenues. The stronger-than-expected performance boosted investor sentiment and…

Weak bank earnings send bearish signal as COVID uncertainty deepens

In a sign that the banking sector is feeling the pinch of the market turmoil, major US banks reported relatively…

Wells Fargo (WFC) reports $2.4 billion loss for Q2

Wells Fargo (NYSE: WFC) reported a loss of $2.4 billion or $0.66 per share for the second quarter of 2020,…

360 Finance (QFIN) set to tap synergies from Kincheng Bank deal in COVID-era

After reporting mixed results for the first quarter, amid widespread disruption caused by the COVID outbreak, one of the strategies…

360 Finance will boost loan origination volume in Platform Services unit: CFO Jiang Wu

At a time when the business world is facing unprecedented uncertainty, 360 Finance, Inc. (NASDAQ: QFIN) is counting on its…

Infographic: Highlights of 360 Finance (QFIN) Q1 2020 Earnings Report

China-based consumer finance company 360 Finance, Inc. (NASDAQ: QFIN) reported a decline in first-quarter earnings, despite a sharp increase in…

360 Finance (QFIN) banks on risk management capabilities to sail through Covid-19 crisis

360 Finance, Inc. (NASDAQ: QFIN) has carved a niche for itself in financial services by using a unique business model…

Why LendingTree (TREE) can be a good investment in times of crisis

All businesses have been affected by the coronavirus outbreak that sent stock markets into a tailspin recently, and LendingTree (NASDAQ:…

Truist Financial Corp  (NYSE: TFC) Q1 2020 Earnings Call Transcript

Truist Financial Corp  (TFC) Q1 2020 earnings call dated Apr. 20, 2020 Corporate Participants: Ryan Richards -- Director of Investor Relations Kelly…

Citigroup (C) sees spike in loan losses due to pandemic; bets on stimulus for recovery

Leading banks reported their financial results this week, kicking off one of the most keenly awaited earnings seasons. The market…

Higher credit costs impact JPMorgan’s (JPM) 1Q financial results

Banking giant JPMorgan Chase (NYSE: JPM) opened the earnings season by reporting its first-quarter 2020 results on Tuesday followed by…

Infographic: Goldman Sachs Group (GS) Q1 2020 Earnings Results

The Goldman Sachs Group, Inc. (NYSE: GS) Wednesday reported a sharp fall in first-quarter earnings even as revenues declined modestly.…

Bottom-line won’t be a decisive factor as major banks report earnings next week

Photo by Matthew Foulds on Unsplash The big four banking firms will next week kickstart a unique earnings season that…

Morgan Stanley (NYSE: MS) Q4 2019 Earnings Call Transcript

Morgan Stanley (NYSE: MS) Q4 2019 Earnings Conference Call January 16, 2020 Corporate Participants: Sharon Yeshaya -- Head of Investor Relations James…

Square takes a hit as JPMorgan Chase launches same-day deposits

In a move that could wreck the market equations in the payment processing market, banking giant JPMorgan Chase (NYSE: JPM)…