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banking: Archive

Zacks Equity Research

Hilltop Holdings (HTH) Gains on Q2 Earnings Beat, Lower Expenses

Hilltop Holdings (HTH) records declines in expenses and provisions in the second quarter of 2024.

HTHNegative Net Change PBPositive Net Change EWBCPositive Net Change

Zacks Equity Research

T. Rowe Price (TROW) Q2 Earnings Beat Estimates, AUM Rises Y/Y

T. Rowe Price's (TROW) Q2 earnings benefit from higher net revenues and an improvement in the AUM balance. A rise in liquidity allows continued investing. However, a rise in expenses is a woe.

BLKPositive Net Change TROWNegative Net Change APAMPositive Net Change

Zacks Equity Research

LendingTree (TREE) Gains 4.4% Despite Q2 Earnings Miss Estimates

A fall in EBITDA and liquidity level negatively impacts LendingTree's (TREE) Q2 earnings, while higher revenues and lower costs support its performance.

SLMNegative Net Change TREEPositive Net Change NAVIPositive Net Change

Zacks Equity Research

New York Community (NYCB) Reports Loss in Q2, Stock Tanks 3%

New York Community's (NYCB) Q2 results reflect the impacts of the rise in provisions and expenses. A fall in fee income and lower loan balance further affects its performance.

NYCBPositive Net Change CFGNegative Net Change COOPPositive Net Change

Zacks Equity Research

Valley National (VLY) Stock Up 3.1% Despite Q2 Earnings Miss

A jump in provisions and lower revenues hurt Valley National's (VLY) Q2 earnings, while higher loan and deposit balances and a fall in expenses offer some support.

ZIONPositive Net Change EWBCPositive Net Change VLYPositive Net Change

Zacks Equity Research

Evercore (EVR) Q2 Earnings Beat on Higher Revenues, Stock Dips

An improvement in segmental performance leads to a growth in Evercore's (EVR) revenue base, positively impacting its Q2 earnings. However, a rise in expenses pose near-term concerns.

SCHWPositive Net Change IBKRPositive Net Change EVRPositive Net Change

Zacks Equity Research

Raymond James' (RJF) Q3 Earnings Beat, Revenues Rise Y/Y

A rise in revenues driven by strong IB performance and higher assets under administration balance support Raymond James' (RJF) fiscal Q3 earnings.

MSPositive Net Change JEFPositive Net Change RJFNegative Net Change

Zacks Equity Research

Navient (NAVI) Q2 Earnings Beat on Lower Expenses, NII Falls Y/Y

Navient's (NAVI) Q2 earnings benefit from reduced expenses and a solid-liquid profile. However, lower NII and other income act as headwinds.

APAMPositive Net Change ALLYPositive Net Change NAVIPositive Net Change

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 AMPNegative Net Change RJFNegative 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.

BACNegative 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 CFGNegative 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