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USAA boosts bank"s second-quarter profit by $200M under new president

USAA Federal Savings Bank,one of the financial services arms owned by San Antonio-based United Services Automobile Association, generated significantly more profit in the past year under new leadership, according to the Federal Deposit Insurance Cor.....»»

Category: topSource: bizjournalsAug 10th, 2018

Commerzbank costs spook investors while UniCredit shines

Shares in Germany's Commerzbank have fallen despite it beating second quarter profit forecasts. In contrast investors cheered results from Italy's biggest bank Unicredit, despite a big profit drop. Francis Maguire reports.....»»

Category: videoSource: reutersAug 7th, 2018

HSBC first-half pretax profit rises 4.6 percent, second quarter beats estimates

HSBC Holdings Plc said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe's biggest bank showed early progress in its strategy of returning to growth mode after years of restructuring......»»

Category: topSource: reutersAug 6th, 2018

RBS says profit down after US settlement, picture improving

The Royal Bank of Scotland has announced a fall in second-quarter profit after being hit by a big charge from U.S. authorities over past misdeeds......»»

Category: topSource: foxnewsAug 3rd, 2018

Cardtronics stock rallies as company tops views

Shares of Cardtronics Plc. rallied 19% late Thursday after the operator of non-bank ATMs reeled from the removal of its ATMs from 7-Eleven stores in the U.S. but beat Wall Street second-quarter profit and revenue expectat.....»»

Category: topSource: marketwatchAug 2nd, 2018

MBT Financial Corp. Announces Second Quarter 2018 Preliminary Earnings and Dividend Increase

MONROE, Mich., July 26, 2018 (GLOBE NEWSWIRE) -- MBT Financial Corp. (NASDAQ:MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $4,945,000 ($0.22 per basic share and $0.21 per dil.....»»

Category: dealsSource: nytJul 26th, 2018

Central Pacific Bank reports $14.2M profit in Q2 2018

Central Pacific Financial Corp., the Honolulu-based parent of Central Pacific Bank, reported net income of $14.2 million, or 48 cents per diluted share, for the quarter ending June 30, compared to net income of $12 million, or 39 cents per diluted share.....»»

Category: topSource: bizjournalsJul 25th, 2018

Deutsche Bank cites progress on overhaul despite profit slide

Deutsche Bank's new boss hailed significant progress in his efforts to reshape the bank, having cut a quarter of the staff at its global equities business as the lender posted a decline in quarterly profit......»»

Category: topSource: reutersJul 25th, 2018

Deutsche Bank second-quarter net profit drops as new CEO overhauls lender

Deutsche Bank on Wednesday posted a 14 percent drop in net profit in the second quarter from a year earlier, as Germany's largest bank restructures under new leadership......»»

Category: topSource: reutersJul 25th, 2018

Deutsche Bank beats estimates, accelerates restructuring

Germany's struggling Deutsche Bank says net profit fell to 401 million euros in the second quarter from 466 million euros a year earlier as the bank incurred higher costs from its restructuring......»»

Category: topSource: foxnewsJul 25th, 2018

Trump worried Fed will hike twice more this year: CNBC

President Donald Trump's criticism of Federal Reserve interest-rate policy stems, in part, from his concern the central bank will follow through on its projections for two additional quarter-point mov.....»»

Category: topSource: marketwatchJul 20th, 2018

Goldman Sachs profit surges, names new CEO

Goldman Sachs' profit and revenue surged in the latest quarter, and the investment bank named insider David Solomon to replace CEO Lloyd Blankfein. Fred Katayama reports......»»

Category: videoSource: reutersJul 17th, 2018

Bank of America second-quarter profit jump lifts shares

Shares of the nation's second-largest lender rose Monday as Bank of America reported a 33 percent profit increase for the second-quarter, topping Wall Street forecasts  .....»»

Category: topSource: usatodayJul 16th, 2018

Bank of America Profits Rise 33% - Wall Street Journal

Wall Street JournalBank of America Profits Rise 33%Wall Street JournalBank of America Corp. BAC -0.76% said Monday that second-quarter earnings rose 33%. Quarterly profit at the Charlotte, N.C.-based bank, the second largest in the U.....»»

Category: topSource: googlenewsJul 16th, 2018

Deutsche Bank Surprises With Profit Beat Welcomed by Investors - Bloomberg

BloombergDeutsche Bank Surprises With Profit Beat Welcomed by InvestorsBloombergDeutsche Bank AG surprised investors with second-quarter earnings.....»»

Category: topSource: googlenewsJul 16th, 2018

Deutsche Bank to post €400 million profit in Q2 — way above expectations

REUTERS/Ralph Orlowski Deutsche Bank expects higher than forecast earnings in the second quarter of 2018. Germany's biggest bank now expects net profit of about 400 million euros ($467 million) for the April-June period. "Management believes that the.....»»

Category: topSource: businessinsiderJul 16th, 2018

Germany"s Deutsche Bank sees higher-than-expected Q2 profit

Germany's biggest bank, Deutsche Bank, says it foresees considerably higher-than-expected earnings for the second quarter — results that it says underline the company's "resilience.".....»»

Category: topSource: foxnewsJul 16th, 2018

Bank of America profit jumps on lower tax, loan growth

Net income applicable to common shareholders rose to $6.47 billion in the second quarter, from $4.75 billion a year earlier......»»

Category: topSource: foxnewsJul 16th, 2018

Profit Gains at JPMorgan, Citigroup Reflect a World in Growth Mode

Bank CEOs cited job growth, capital expenditures as profits moved higher in second-quarter results, while adding that trade issues weren’t yet hurting banks......»»

Category: smallbizSource: wsjJul 13th, 2018

Economy Boosts JPMorgan, Citigroup Results

The largest bank by assets in the U.S. reported higher profit, boosted by economic growth and the new federal tax law......»»

Category: smallbizSource: wsjJul 13th, 2018

Wells Fargo profit and revenue fall below expectations, but salaries and commissions rise

Wells Fargo & Co.'s second-quarter earnings and revenue fell below expectations, but that didn't stop the bank from boosting employee salaries and commissions. The stock dropped 3% in premarket tra.....»»

Category: topSource: marketwatchJul 13th, 2018