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banking: Archive

Zacks Equity Research

Truist Financial's Q3 Earnings Beat as NII & Fee Income Rise

Balance sheet repositioning drives TFC's Q3 NII higher. This, along with a rise in fee income, and the decline in provisions and expenses, support earnings.

WFCPositive Net Change JPMPositive Net Change TFCPositive Net Change

Zacks Equity Research

Is a Surprise Coming for Cathay (CATY) This Earnings Season?

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

CATYPositive Net Change

Zacks Equity Research

First Horizon Stock Up on Q3 Earnings Beat, NII & Fee Income Rise Y/Y

FHN's Q3 2024 earnings benefit from a rise in NII and fee income, alongside deposit growth. Yet, rising costs and declining loan balances remain concerns.

BOKFPositive Net Change FHNPositive Net Change CFRPositive Net Change

Mark Vickery

Small-Cap Russell Dominates Stock Market Hump Day

Many stocks in the Russell 2000 are small community banks, and we've seen big banks perform very well overall so far in Q3 earnings season.

CSXNegative Net Change NFLXPositive Net Change ISRGPositive Net Change TRVPositive Net Change TSMPositive Net Change VSCOPositive Net Change

Zacks Equity Research

Hancock Whitney Q3 Earnings Beat Estimates on Fee Income Growth

HWC's third-quarter earnings beat estimates on the back of higher non-interest income and NII. Yet, the fall in total loan and deposit balance remains a concern.

WFCPositive Net Change STTPositive Net Change HWCPositive Net Change

Zacks Equity Research

Citizens Financial Q3 Earnings Match Estimates, Revenues Fall Y/Y

A rise in fee income and a decline in expenses support CFG's Q3 2024 earnings. However, lower NII and a decline in loan & deposit balances remain concerns.

BOKFPositive Net Change WBSPositive Net Change CFGPositive Net Change

Mark Vickery

Imports/Exports Lower; Morgan Stanley, Abbott Beat in Q3

Both Imports and Exports were deeper into the negative than expected. Meanwhile, MS, ABT and USB all beat of Q3 earnings.

MSPositive Net Change ABTPositive Net Change CSXNegative Net Change USBPositive Net Change LVSPositive Net Change

Swayta Shah

Morgan Stanley Rides on IB Wave, Surpasses Q3 Earnings Estimates

Robust IB and trading business performance, high rates and strong wealth management support Morgan Stanley's Q3 earnings.

GSPositive Net Change JPMPositive Net Change MSPositive Net Change

Swayta Shah

Should Ally Financial Stock be in Your Portfolio Ahead of Q3 Earnings?

ALLY will report Q3 earnings this Friday. Amid the asset quality scare, let's decipher whether the stock is worth a look or if investors should avoid it.

ALLYPositive Net Change NAVIPositive Net Change OMFPositive Net Change

Zacks Equity Research

State Street's Q3 Earnings Top Estimates, Revenue Rise Y/Y

STT records increased revenues and expenses in the third quarter of 2024.

JPMPositive Net Change BKPositive Net Change STTPositive Net Change

Zacks Equity Research

Higher NII to Aid Truist's Q3 Earnings, Lower Fee Income to Hurt

Modest NII growth and fee income growth are likely to have aided TFC's third-quarter 2024 earnings but higher provisions and expenses are likely to have hurt.

FHNPositive Net Change FNBPositive Net Change TFCPositive Net Change

Zacks Equity Research

Charles Schwab's Stock Gains on Q3 Earnings and Revenue Beat

SCHW's third-quarter 2024 results rise on the back of higher revenues and client assets. However, higher funding costs and adjusted expenses remain spoilsport.

SCHWPositive Net Change RJFPositive Net Change LPLAPositive Net Change

Mark Vickery

Q3 Earnings Beats: C, GS, BAC, JNJ, WBA; Empire State Lower

While Goldman Sachs (GS) and Citi (C) both impressed on earnings this morning, Walgreens (WBA) looks to bounce back.

GSPositive Net Change BACPositive Net Change CPositive Net Change JNJPositive Net Change WBANegative Net Change

Zacks Equity Research

Bank of America Stock Up on Q3 Earnings Beat, IB & Trading Fee Growth

Robust trading and IB performances drive BAC's Q3 earnings. Meanwhile, NII continues to decline and poor asset quality hurts.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change

Mark Vickery

Bank Holiday Ahead of Busy Stock Trading Week

Despite today's day off from econ metrics, we see a pretty busy week ahead.

GSPositive Net Change BACPositive Net Change CPositive Net Change UNHPositive Net Change JNJPositive Net Change NFLXPositive Net Change PGNegative Net Change WBANegative Net Change

Zacks Equity Research

Fee Income to Aid KeyCorp's Q3 Earnings, Higher Provisions to Hurt

Fee income and modest NII growth are likely to have aided KEY's third-quarter 2024 earnings, while a rise in provisions and high costs are likely to have hurt.

KEYPositive Net Change FHNPositive Net Change BNSPositive Net Change FCCOPositive Net Change

Zacks Equity Research

BNY Mellon Gains on Q3 Earnings Beat, Revenues & AUM Rise Y/Y

BK's third-quarter 2024 results rise on the back of higher revenues and AUM growth. However, a rise in expenses and provisions remains spoilsport.

BKPositive Net Change BKUPositive Net Change TFCPositive Net Change

Mark Vickery

PPI Inflation Flat for September; JPM and WFC Beat on Q3 Earnings

Year-over-year PPI has been the low water mark for inflation levels going back several months, and today shows a +1.8% for September.

WFCPositive Net Change JPMPositive Net Change

Zacks Equity Research

JPMorgan's Q3 Earnings Beat on Solid IB, Jump in Provisions Hurt

High rates, modest loan demand, robust IB business and decent trading numbers aid JPM's third-quarter earnings, while a jump in provisions is an undermining factor.

BACPositive Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

Fee Revenues to Aid State Street Q3 Earnings, NIR & Expenses to Hurt

Fee revenues are likely to have aided STT's third-quarter 2024 earnings, while a fall in net interest revenues and high costs are likely to have hurt the same.

STTPositive Net Change MTBPositive Net Change FNBPositive Net Change

Zacks Equity Research

Fee Income to Support Citizens Financial's Q3 Earnings Amid Lower NII

CFG's third-quarter results are likely to be driven by an improving lending scenario and fee income growth. Yet, lower NII and rising expenses are concerns.

MTBPositive Net Change FHNPositive Net Change CFGPositive Net Change

Swayta Shah

Evaluating BAC Stock Before Q3 Earnings: Should You Buy Now or Hold?

Bank of America is slated to report Q3 results next week. So, we discuss the factors impacting its performance and whether you should buy the stock now or not.

BACPositive Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

Solid Trading & IB Performance to Aid Morgan Stanley's Q3 Earnings

Improvement in trading and IB business performance is likely to have aided MS' Q3 earnings, while subdued NII is expected to have hurt.

JPMPositive Net Change MSPositive Net Change PNCPositive Net Change

Zacks Equity Research

Higher Fee Income to Aid BNY Mellon's Q3 Earnings, Subdued NIR to Hurt

BK's fee revenues are likely to have aided third-quarter 2024 earnings, while a fall in net interest revenues is likely to have hurt the same.

BKPositive Net Change FCCOPositive Net Change SRCEPositive Net Change

Zacks Equity Research

Implied Volatility Surging for Capital Bancorp (CBNK) Stock Options

Investors need to pay close attention to Capital Bancorp (CBNK) stock based on the movements in the options market lately.

CBNKPositive Net Change