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banking: Archive

Zacks Equity Research

Artisan Partners (APAM) Q2 Earnings Miss Estimates on Lower AUM

Artisan Partners' (APAM) Q2 results reflect a decline in the AUM balance, along with higher expenses. However, a rise in Global Funds and Separate accounts aids the top-line growth.

BLKPositive Net Change IVZPositive Net Change APAMPositive Net Change

Zacks Equity Research

Truist (TFC) Q2 Earnings Top on Higher Fee Income, Costs Dip

A rise in fee income, lower adjusted expenses and a decline in provisions support Truist's (TFC) Q2 earnings amid weakness in NII.

PNCPositive Net Change KEYPositive Net Change TFCPositive Net Change

Zacks Equity Research

Solid IB, Trading to Support Raymond James (RJF) Q3 Earnings

Robust IB and trading business performance, high rates and decent lending activities are likely to have aided Raymond James' (RJF) fiscal Q3 earnings.

COFPositive Net Change AMPPositive Net Change RJFPositive Net Change

Zacks Equity Research

Comerica (CMA) Q2 Earnings Beat on High Loan Demand, Stock Falls

A rise in loan balance, along with a strong capital position and nil provisions, supports Comerica's (CMA) Q2 earnings. Yet, lower NII and fee income are major headwinds.

CMAPositive Net Change FHNPositive Net Change FNBPositive Net Change

Zacks Equity Research

Commerce Bancshares (CBSH) Up on Q2 Earnings Beat, Revenue Growth

Commerce Bancshares (CBSH) records a rise in expenses and lower provisions in the second quarter of 2024.

CBSHPositive Net Change WAFDPositive Net Change OZKPositive Net Change

Zacks Equity Research

Fifth Third (FITB) Q2 Earnings Beat Estimates, NII Falls Y/Y

Fifth Third's (FITB) Q2 earnings benefit from a year-over-year decline in expenses and provisions. However, declining loan and deposit balances, along with lower NII, act as spoilsports.

FITBPositive Net Change FHNPositive Net Change FNBPositive Net Change

Swayta Shah

BAC Stock Near 2-Year High Post Q2 Earnings: Too Late to Invest?

Bank of America (BAC) stock is trading near its 2-year high after releasing better-than-expected Q2 earnings. Here we assess whether it is too late to buy the shares or still have an opportunity to accumulate them.

BACPositive Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

Higher NII & Fee Income to Aid Capital One (COF) in Q2 Earnings

High rates, decent consumer loan demand and growth in fee income are expected to have supported Capital One's (COF) Q2 earnings.

COFPositive Net Change ZIONPositive Net Change EWBCPositive Net Change

Zacks Equity Research

Why Fifth Third (FITB) Might Surprise This Earnings Season

Fifth Third (FITB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

FITBPositive Net Change

Zacks Equity Research

Synovus (SNV) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

Synovus' (SNV) Q2 earnings benefit from a year-over-year decline in expenses and provisions. However, declining loan and deposit balances, along with lower NII, act as spoilsports.

SNVPositive Net Change BOKFPositive Net Change WBSPositive Net Change

Zacks Equity Research

KeyCorp (KEY) Q2 Earnings Top, Stock Dips on Weak Asset Quality

Higher fee income, a fall in provisions and a higher loan balance aid KeyCorp's (KEY) Q2 earnings, while deteriorating asset quality and a decline in NII act as major spoilsports.

PNCPositive Net Change USBPositive Net Change KEYPositive Net Change

Zacks Equity Research

Bank OZK (OZK) Q2 Earnings Top, Stock Falls as Provisions Rise

Higher rates, steady loan demand and an increase in NII support Bank OZK's (OZK) Q2 earnings amid weakening asset quality, rise in expenses and high funding costs.

WAFDPositive Net Change HWCPositive Net Change OZKPositive Net Change

John Blank

To Cut or Not to Cut - That Is the Question

Here is a list of U.S. macro fundamentals, ones that suggest the FOMC should -- and should not -- not be cutting their policy rates.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Zacks Equity Research

Northern Trust (NTRS) Q2 Earnings Beat on Increased Fee Income

Northern Trust's (NTRS) Q2 earnings reflect a significant rise in fee income, driven by the net impact of the Visa transaction. Yet, the rise in costs and provisions are headwinds.

NTRSPositive Net Change BOKFPositive Net Change WBSPositive Net Change

Zacks Equity Research

Citizens Financial (CFG) Q2 Earnings Miss on Lower Loan Demand

Citizens Financial's (CFG) Q2 earnings benefit from an increase in non-interest income and reduced expenses. However, challenges emerge with lower NII and a rise in provisions.

BOKFPositive Net Change WBSPositive Net Change CFGPositive Net Change

Zacks Equity Research

Fee Income to Aid Truist's (TFC) Q2 Earnings, Lower NII to Hurt

A rise in fee income, driven by solid IB and wealth management businesses, is likely to have supported Truist's (TFC) Q2 earnings amid weakness in NII and elevated provisions.

FITBPositive Net Change MTBPositive Net Change TFCPositive Net Change

Zacks Equity Research

WAFD's Q3 Earnings Beat Estimates, Revenues Rise on LBC Deal

The LBC acquisition drives revenues and loan balance, which, along with lower provisions, aid WAFD's fiscal Q3 earnings.

CBSHPositive Net Change WAFDPositive Net Change BKUPositive Net Change

Mark Vickery

Econ Reports, Q2 Earnings Take July Rate Cut Off the Table

Any investors still hoping for a July rate cut based on economic prints, we can uncross our fingers now.

AMZNPositive Net Change BACPositive Net Change MSPositive Net Change UNHPositive Net Change

Zacks Equity Research

PNC Financial (PNC) Q2 Earnings Beat on Higher Fee Income

The rise in non-interest income and higher loan balance support PNC Financial's (PNC) Q2 earnings, while lower net interest income and a rise in provisions act as headwinds.

WFCPositive Net Change PNCPositive Net Change BKPositive Net Change

Zacks Equity Research

State Street (STT) Gains on Q2 Earnings Beat, Y/Y Revenue Rise

State Street (STT) records increased revenues and expenses in the second quarter of 2024.

JPMPositive Net Change BKPositive Net Change STTPositive Net Change

Zacks Equity Research

Morgan Stanley (MS) Q2 Earnings Beat on Robust IB & Trading

The resurgence of the capital markets businesses majorly supports Morgan Stanley's (MS) Q2 earnings, while the muted wealth management business acts as a spoilsport.

GSPositive Net Change MSPositive Net Change CPositive Net Change

Zacks Equity Research

BofA (BAC) Gains on Q2 Earnings Beat, IB & Trading Fee Growth

BofA (BAC) records a marginal increase in revenues in the second quarter of 2024.

BACPositive Net Change JPMPositive Net Change BKPositive Net Change

Mark Vickery

Dow Closes at New High as Q2 Earnings Season Heats Up

Earnings season only picks up steam in the weeks to come.

GSPositive Net Change BACPositive Net Change JPMPositive Net Change MSPositive Net Change CPositive Net Change ABTPositive Net Change JNJPositive Net Change UALPositive Net Change NFLXNegative Net Change

Zacks Equity Research

Goldman (GS) Q2 Earnings Beat Estimates, IB Revenues Rise Y/Y

Strong Investment banking and FICC financing revenues support Goldman's (GS) Q2 Earnings. However, the current tough macroeconomic scenario remains a concern.

GSPositive Net Change WFCPositive Net Change BKPositive Net Change

Mark Vickery

Pre-Markets Up as 1st Full Week of Q2 Earnings Begins

Goldman Sachs (GS) and BlackRock (BLK) both beat on Q2 earnings this morning, and we're just getting started.

GSPositive Net Change BACPositive Net Change JNJPositive Net Change BLKPositive Net Change NFLXNegative Net Change AXPPositive Net Change