Regions Financial Corp (RF) reported fourth quarter EPS from continuing ops of $0.37 on revenue of $1.44 billion. Analysts had expected the
Regions Financial misses earnings and revenue estimates for Q4
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financial services
Commerce Bancshares beats earnings consensus by a cent in Q4
Commerce Bancshares, Inc. (NASDAQ: CBSH) reported fourth-quarter results that surpassed street estimates, thanks to a favorable credit environment. Net income rose to
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance economies of
PNC Financial fails to meet Street’s expectations in Q4
The PNC Financial Group (PNC) reported Q4 earnings and revenue that missed analysts' predictions. The company reported earnings of $2.75 per share
Bank of New York Mellon Q4 profit falls; adj. earnings increase
The Bank of New York Mellon Corp. (BK) reported lower earnings for the fourth quarter, despite an increase in revenues. Meanwhile, adjusted
First Republic Bank stock rallies after Q4 results beat estimates
Earnings of First Republic Bank (FRC) increased and exceeded expectations in the fourth quarter, reflecting a sharp growth in interest income amidst
Citigroup Q4 revenue drops on weak bond trading; earnings beat
Citigroup (C) reported an increase in fourth-quarter earnings, which also exceeded market expectations, mainly reflecting the bank’s cost-cutting initiatives. Revenues, meanwhile, declined
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter profit, which
A decade since Lehman collapse, tracking the key executives
It’s been 10 years since the largest bankruptcy filing was made in the history of the country, by Lehman Brothers. The bankruptcy
Preview: Square under pressure to prove worthiness as it reports Q3 earnings
Square (SQ) stock more-than-doubled in the past 52 weeks to hit an all-time high of $99.01 on September 28, before tumbling 21%
Mastercard thrives on consumer spending; reports record Q3 results
Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on merchandise and
BB&T tops Q3 earnings and revenue estimates
BB&T Corp (BBT) posted Q3 adjusted profit per share of $1.01 and revenue of $2.95 billion, which beat consensus views. Analysts had
Bank of America to benefit from lower expenses, trading recovery in Q3
The banking sector is currently going through a challenging phase, marked by rising interest rates and tariff-related headwinds. When Bank of America
Wells Fargo stock rises after Q3 earnings
This quarter’s earnings season kicked off with the big banks reporting better-than-expected results today. One among them is Wells Fargo (WFC), which
PNC Financial sees a dip despite beating Q3 estimates
The PNC Financial Services Group Inc. (PNC) topped market estimates on revenues and earnings for the third quarter of 2018. Despite the
Buoyed by retail banking, JPMorgan tames interest rate woes in Q3
An impressive performance by the commercial banking segment drove up banking giant JPMorgan’s (JPM) third-quarter earnings, which also came in above analysts’
Citi rebuilding gathers steam; investment banking gets a facelift
The corporate and investment banking division of Citigroup (C) will soon cease to exist as an independent unit. According to sources, the
Visa shares surpass 52-week high on strong Q3 results
Credit card giant Visa (V) reported upbeat results for its third quarter ending June 30, 2018. The company’s shares, which hit a
American Express misses on topline; Shares fall 3%
American Express Company (AXP) reported revenues of $10 billion for the second quarter of 2018, an increase of 9% from the same
Meet the new Goldman Sachs chief: DJ D-Sol
Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David Solomon. But
Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal regulators. Revenue