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banking: Archive

Zacks Equity Research

Bank of Montreal Stock Tanks 6.2% as High Provisions Hurt Q3 Earnings

A surge in provisions and a fall in NII hurt BMO's fiscal Q3 earnings. But a rise in loans, decline in expenses and higher loan balance offer some support.

BMONegative Net Change TDNegative Net Change CMPositive Net Change

Mark Vickery

Dow Hits Record High on Otherwise Uneventful Trading Day

At 41,240 - +65 points on the day, or +0.16% - the blue-chip 30 stocks have taken out highs posted mid-July.

MUNegative Net Change NVDANegative Net Change SMCINegative Net Change

Swayta Shah

JPMorgan (JPM) Stock Hits 2-Year High: Wait for the Dip or Buy Now?

JPMorgan (JPM) stock briefly touches its two-year high. Should you consider buying the stock now or wait for the dip? Let's try to figure that out.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

Toronto-Dominion (TD) Stock Down as AML Provisions Hurt Q3 Earnings

Toronto-Dominion's (TD) fiscal Q3 results are hurt by an additional provision for potential anti-money laundering penalties by the U.S. regulators.

SCHWNegative Net Change FHNNegative Net Change TDNegative Net Change

Swayta Shah

Buffett Continues to Trim BAC Stake: Should You Sell the Stock?

Here, we are assessing whether to follow Warren Buffett and unload Bank of America (BAC) stock or pile it up at the current level to generate solid returns over time.

BACPositive Net Change AAPLPositive Net Change CVXNegative Net Change AXPNegative Net Change BRK.BPositive Net Change

Mark Vickery

Pre-Markets Drift Lower; July Housing Data Down Sharply

Seasonally adjusted, annualized units on Housing Starts is the lightest print we've seen since way back in May 2020.

NVDANegative Net Change QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

CPI Behaves, but Starts Debate Over Rate Cut Amount

Year over year headline CPI - aka the "Inflation Rate" - came in 10 bps lower than expected to +2.9%.

UBSPositive Net Change EATPositive Net Change

Zacks Equity Research

UBS Group (UBS) Q2 Earnings Fall Y/Y on Higher Costs, Revenues Up

UBS Group's (UBS) second-quarter results reflect growth in asset management, personal & corporate banking and investment bank division. However, a rising expense base is a concern.

UBSPositive Net Change ITUBPositive Net Change MUFGPositive Net Change

Bryan Hayes

Is UBS Group AG (UBS) a 'Buy' Ahead of Q2 Earnings Announcement?

Earnings are expected to plunge 93.6% versus the same quarter last year.

UBSPositive Net Change

Mark Vickery

Will Markets Settle Down? New CPI, Retail Sales, Q2 Earnings On Deck

We have plenty of data between now and the next Fed meeting, but things are starting to get a little sunnier.

WMTPositive Net Change CSCONegative Net Change EATPositive Net Change HDPositive Net Change BABANegative Net Change

Zacks Equity Research

Itau Unibanco (ITUB) Q2 Earnings & Revenues Increase Y/Y

An increase in operating revenues and managerial financial margin benefits Itau Unibanco's (ITUB) second-quarter earnings. However, a rise in expenses is a headwind.

DBNegative Net Change ITUBPositive Net Change MUFGPositive Net Change

Zacks Equity Research

Carlyle (CG) Stock Falls 7.5% as Q2 Earnings Miss Estimates

Carlyle's (CG) second-quarter earnings miss estimates due to a decline in segment fee and realized performance revenues. Nonetheless, a rise in total AUM balance and lower costs are tailwinds.

BLKNegative Net Change IVZNegative Net Change CGNegative Net Change

Zacks Equity Research

Mitsubishi UFJ's (MUFG) Q1 Earnings Increase Year Over Year

Mitsubishi UFJ's (MUFG) first-quarter fiscal 2025 earnings benefit from a rise in NII and net fees and commissions, along with an increase in loan and deposit balances.

BCSNegative Net Change RYNegative Net Change MUFGPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About BOK Financial (BOKF) Stock We Don't?

Investors need to pay close attention to BOK Financial (BOKF) stock based on the movements in the options market lately.

BOKFNegative Net Change

Zacks Equity Research

Barclays (BCS) Q2 Earnings Fall Y/Y, 2024 NII View Raised

An increase in credit impairment charges hurt Barclays' (BCS) Q2 results, while higher revenues and a fall in expenses act as tailwinds.

BCSNegative Net Change DBNegative Net Change HSBCNegative Net Change

Zacks Equity Research

HSBC Q2 Pre-Tax Earnings Increase Y/Y as ECL Charges Decline

HSBC records a y/y decline in revenues in the second quarter of 2024.

DBNegative Net Change IBNPositive Net Change HSBCNegative Net Change

Zacks Equity Research

UMB Financial (UMBF) Q2 Earnings Top Estimates, Stock Gains 1%

UMB Financial's (UMBF) second-quarter 2024 earnings benefit from a rise in loan and deposit balances, along with higher fee income. However, an increase in costs and provisions acts as headwinds.

TCBINegative Net Change UMBFNegative Net Change BOHNegative Net Change

Mark Vickery

Pre-Markets Move Forward Ahead of Fed Announcement

The Dow is +100 points at this hour, the S&P 500 is +70 points and the Nasdaq has rocketed +410 points higher currently.

BAPositive Net Change QCOMNegative Net Change MAPositive Net Change ADPPositive Net Change MGMNegative Net Change NCLHPositive Net Change ETSYPositive Net Change METANegative Net Change

Swayta Shah

JPMorgan (JPM) Stock Near 52-Week High: Right Time to Buy?

With JPMorgan (JPM) trading near its 52-week high, should investors consider buying the stock now or wait for the dip? Let's try to figure that out.

BACPositive Net Change JPMPositive Net Change CPositive Net Change

Zacks Equity Research

ICICI Bank (IBN) Q1 Earnings Rise Y/Y as NII, Fee Income Grow

ICICI Bank (IBN) records a y/y increase in provisions in the first quarter of fiscal 2025.

BCSNegative Net Change DBNegative Net Change IBNPositive Net Change

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 PBNegative Net Change EWBCNegative 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.

BLKNegative 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 TREENegative Net Change NAVINegative 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 CFGPositive 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.

ZIONNegative Net Change EWBCNegative Net Change VLYPositive Net Change