Advertisements



J.P. Morgan Chase"s stock turns lower; bank discloses cautious outlook on net interest, non-interest income

Shares of J.P. Morgan Chase & Co. fell 0.3% in morning trade, erasing earlier gains of as much as 2.5%, as investors weighed better-than-exp.....»»

Category: topSource: marketwatchOct 12th, 2018

Bank of America"s stock extends selloff after downbeat net interest income outlook

Shares of Bank of America Corp. slumped 1.7% in premarket trade Tuesday, extending losses after the start of the post-earnings conference call, after bank's outlook .....»»

Category: topSource: marketwatchApr 16th, 2019

Wells Fargo"s stock swings to a loss from a gain after net interest income guidance lowered

Shares of Wells Fargo & Co. took dive in morning trade, swinging to a loss from a gain, after the bank provided a downbeat full-year outlook for net interest, citing the negative impact of the current low interest rate environme.....»»

Category: topSource: marketwatchApr 12th, 2019

Bank of the Ozarks" (OZRK) Stock Up 3.8% on Q1 Earnings Beat

Bank of the Ozarks (OZRK) witnesses improvement in net interest income in Q1. Yet, higher costs and lower non-interest income hurt results. Shares of Bank of the Ozarks, Inc. OZRK gained .....»»

Category: worldSource: nytApr 13th, 2018

Royal Bank of Scotland (RBS) Q1 Earnings Impress, Stock Down

Royal Bank of Scotland (RBS) reports first-quarter 2018 net income, records higher non-interest income, lower expenses and margin pressure. The Royal Bank of Scotland Group plc RBS reported first-.....»»

Category: personnelSource: nytApr 30th, 2018

French bank Credit Agricole forecasts slower profit growth

Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook in the face of low interest rates and a potential deterioration in its loan portfolio......»»

Category: topSource: reutersJun 6th, 2019

Market Snapshot: Stock futures point lower on rising trade worries, global growth concerns

Stock-index futures point to a lower start for Wall Street on Wednesday as worries about trade tensions and the outlook for global growth weighed on equity markets and sparked continued buying interest in government bonds......»»

Category: topSource: marketwatchMay 29th, 2019

Wells Fargo"s revenue outlook spooks investors

Wells Fargo & Co shares fell as much as 3 percent on Friday after the bank dialed back its net interest income outlook for this year and reported a decline in total quarterly revenue......»»

Category: topSource: reutersApr 12th, 2019

Wells Fargo cuts net interest income outlook, sending shares lower

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»

Category: topSource: reutersApr 12th, 2019

JPMorgan profit tops estimates on higher interest income

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bank's advisory and debt underwriting business offset weakness in trading......»»

Category: topSource: reutersApr 12th, 2019

Weekly High Frequency Indicators: Long-Term Outlook Turns Positive As Lower Interest Rates Outweigh Lower Profits

Weekly High Frequency Indicators: Long-Term Outlook Turns Positive As Lower Interest Rates Outweigh Lower Profits.....»»

Category: topSource: seekingalphaMar 30th, 2019

ECB move sends stocks lower; dollar climbs

A gauge of global stock markets stumbled on Thursday while the U.S. dollar rose, as the European Central Bank postponed interest rate hikes to 2020 and launched a new round of cheap loans to banks in an effort to spark the euro zone economy......»»

Category: topSource: reutersMar 7th, 2019

Prosperity Bancshares" (PB) Stock Drops on Q1 Earnings Miss

Prosperity Bancshares' (PB) Q1 results hurt by higher expenses, lower non-interest income and higher provisions. Shares of Prosperity Bancshares Inc. PB .....»»

Category: smallbizSource: nytApr 26th, 2018

JPMorgan profit just below estimates on weak investment banking

(Reuters) - JPMorgan Chase & Co's quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from stock trading and higher interest rates......»»

Category: topSource: reutersApr 13th, 2018

JPMorgan profit jumps on higher interest rates, lower taxes

(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, reported a 35 percent surge in quarterly profit on Friday, helped by higher interest rates for loans and lower taxes......»»

Category: topSource: reutersApr 13th, 2018

J.P. Morgan Chase Q1 net interest income up 9% to $13.5 bln; FactSet consensus $13.3 bln

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 13th, 2018

JPMorgan"s profits rise 18 percent, helped by lower taxes

JPMorgan Chase says second-quarter profits rose by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law......»»

Category: topSource: foxnewsJul 13th, 2018

Stocks end mostly lower as Fed upgrade economic outlook

U.S. stock-market indexes ended mostly lower on Wednesday as the Federal Reserve left the key interest rate unchanged, but upgraded its view on the economy. The change in the language of the statement affirms.....»»

Category: topSource: marketwatchAug 1st, 2018

Annaly (NLY) Stock Up on Q2 Earnings Beat, Lower NII Hurts

Although Annaly (NLY) beat earnings estimates in the second quarter, its share performance post earnings release underscores the steep decline in net interest income. .....»»

Category: dealsSource: nytAug 3rd, 2018

J.P. Morgan Chase"s stock turns lower, falls 0.4% after being up as much as 2.5% earlier

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchOct 12th, 2018

Warren Buffett’s Wells Fargo Rises on Strong 3rd-Quarter Net Interest Income

Bank reports key net interest income drivers in credit card and consumer loan businessesCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 10/11/2018), Check out .....»»

Category: personnelSource: nytOct 12th, 2018