Back to top

banking: Archive

Zacks Equity Research

Citizens Financial (CFG) Q1 Earnings Miss Estimates, Costs Rise

Citizens Financial's (CFG) Q1 earnings reflect an improvement in non-interest income. However, challenges emerge with lower net interest income and higher provisions and expenses.

WFCNegative Net Change CPositive Net Change CFGPositive Net Change

Zacks Equity Research

U.S. Bancorp's (USB) Q1 Earnings Beat Estimates, Provisions Rise

U.S. Bancorp's (USB) Q1 earnings gain from a rise in fee income and lower expenses. However, a fall in NII and a rise in provisions act as headwinds.

WFCNegative Net Change CPositive Net Change USBNegative Net Change

Zacks Equity Research

Commerce Bancshares (CBSH) Stock Gains on Q1 Earnings Beat

Commerce Bancshares' (CBSH) Q1 earnings beat estimates on the back of higher non-interest income and lower provisions. However, high costs and lower NII turn out to be the undermining factors.

HTHPositive Net Change CBSHPositive Net Change WAFDPositive Net Change

Zacks Equity Research

Morgan Stanley (MS) Q1 Earnings Top on Revival of IB Business

Morgan Stanley (MS) beat Q1 earnings estimates as IB business posts a comeback driven by solid underwriting business performance, with advisory fees still subdued. This supports the company's fee income.

GSNegative Net Change JPMPositive Net Change MSPositive Net Change

Zacks Equity Research

BNY Mellon's (BK) Q1 Earnings Beat, AUM & Fee Income Rise

Higher fee income and solid improvement in AUM and AUC/A balances drive BNY Mellon's (BK) Q1 earnings. On the other hand, lower NIR and a rise in expenses act as spoilsports.

BKPositive Net Change STTPositive Net Change NTRSPositive Net Change

Zacks Equity Research

Is a Surprise Coming for KeyCorp (KEY) This Earnings Season?

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

KEYPositive Net Change

Zacks Equity Research

Northern Trust (NTRS) Q1 Earnings Beat, Revenues Fall Y/Y

A rise in fee income, as well as increasing AUC and AUM balances offer support to Northern Trust's (NTRS) Q1 earnings. However, a fall in NII and higher expenses affected the results to some extent.

WFCNegative Net Change CPositive Net Change NTRSPositive Net Change

Zacks Equity Research

PNC Financial (PNC) Q1 Earnings Beat Estimates, Costs Rise

PNC Financial's (PNC) Q1 earnings reflect an improvement in deposit balances, alongside lower provisions. However, challenges emerge with lower net interest income and higher expenses.

WFCNegative Net Change CPositive Net Change PNCPositive Net Change

Mark Vickery

Housing Numbers Shrink as Q1 Earnings Heat Up: BAC, JNJ, UNH

Both Housing Starts and Building Permits missed expectations, while BofA, J&J and UnitedHealth all beat on earnings.

BACPositive Net Change UNHNegative Net Change JNJNegative Net Change

Zacks Equity Research

BofA (BAC) Q1 Earnings Beat on Strength in IB and Trading

BofA (BAC) records a decline in revenues and higher expenses in the first quarter of 2024.

BACPositive Net Change WFCNegative Net Change CPositive Net Change

Zacks Equity Research

Morgan Stanley (MS) Q1 Earnings Beat as IB Business Rebounds

Solid IB performance on the back of robust underwriting business drives Morgan Stanley's (MS) Q1 earnings with support from equity trading business. Lower NII and a rise in expenses act as undermining factors.

GSNegative Net Change MSPositive Net Change CPositive Net Change

Zacks Equity Research

BNY Mellon (BK) Q1 Earnings Beat on Higher Fee Income & AUM

An increase in fee income and solid improvement in AUM and AUC/A balances support BNY Mellon's (BK) Q1 earnings, while lower NIR and a rise in expenses act as undermining factors.

WFCNegative Net Change BKPositive Net Change STTPositive Net Change

Zacks Equity Research

Why Community Trust Bancorp (CTBI) Might Surprise This Earnings Season

Community Trust Bancorp (CTBI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

CTBIPositive Net Change

Zacks Equity Research

Fee Income to Aid KeyCorp (KEY) Q1 Earnings, Lower NII to Hurt

A rise in fee income, manageable expense level and lower provisions are expected to have supported KeyCorp's (KEY) Q1 earnings amid modest loan demand and higher funding costs, which will hurt NII.

FITBNegative Net Change KEYPositive Net Change CFGPositive Net Change

Tracey Ryniec

5 Key Regional Bank Earnings Charts to Watch

There was a banking crisis just a year ago. The banks remain cheap.

PNCPositive Net Change CMAPositive Net Change USBNegative Net Change WTFCPositive Net Change OZKPositive Net Change

Zacks Equity Research

M&T Bank (MTB) Q1 Earnings Miss Estimates, Expenses Rise Y/Y

A decline in revenues and higher expenses hurt M&T Bank's (MTB) Q1 earnings. However, a solid loan and deposit balance offer some support.

WFCNegative Net Change CPositive Net Change MTBPositive Net Change

Zacks Equity Research

Goldman (GS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Goldman's (GS) Q1 earnings reflect higher revenues in all segments. However, challenges emerge with higher expenses and provisions.

GSNegative Net Change WFCNegative Net Change CPositive Net Change

Zacks Equity Research

Why BNY Mellon (BK) Might Surprise This Earnings Season

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

BKPositive Net Change

Zacks Equity Research

Is a Surprise Coming for Bank of America (BAC) This Earnings Season?

Bank of America (BAC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

BACPositive Net Change

Mark Vickery

Retail Sales, Goldman Sachs Outperform Expectations

Today's Retail Sales headline more than doubled expectations: +0.7% from the +0.3% consensus estimate.

GSNegative Net Change JPMPositive Net Change CPositive Net Change CVXPositive Net Change XOMNegative Net Change

Zacks Equity Research

Lower NII to Hurt BNY Mellon (BK) Q1 Earnings, Fee Income to Aid

Despite high rates and decent loan growth, BNY Mellon's (BK) interest income is expected to have declined in the first quarter of 2024 due to higher deposit costs.

PNCPositive Net Change BKPositive Net Change TFCPositive Net Change

Zacks Equity Research

Wells Fargo (WFC) Q1 Earnings Surpass Estimates, Costs Rise

Wells Fargo (WFC) Q1 earnings reflect higher revenues and improved deposit balances, alongside lower provisions. However, challenges emerge with lower net interest income and growing expenses.

WFCNegative Net Change FITBNegative Net Change MTBPositive Net Change

Zacks Equity Research

Citigroup (C) Q1 Earnings Beat Estimates, Revenues Decline Y/Y

Increases in Services and Banking segments' revenues support Citigroup's (C) Q1 earnings. However, a rise in expenses and a deteriorating loan book are near-term headwinds.

CPositive Net Change FHNPositive Net Change OZKPositive Net Change

Mark Vickery

Import/Exports Send Pre-Markets Lower; Big Banks Beat

Import Prices came in hotter than expected, while Exports came down considerably.

WFCNegative Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

State Street (STT) Gains on Q1 Earnings Beat, Y/Y Revenue Rise

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

BACPositive Net Change BKPositive Net Change STTPositive Net Change