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American Express posted results that largely met expectations for the second quarter, based on continued card spending and loan growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Capital One’s domestic card business delivered strong results and continued to increase momentum, the bank said on Thursday (July 18). The financial institution (FI) said that, as of the end of Q2, the domestic card loans ending balance stood at $103 billion, an increase of...
American Express is expected to report higher earnings and revenue than estimated in their second-quarter report, which will publish on Friday (July 19) at 7:30 a.m. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Even with slow revenue growth, eBay has raised its profit outlook as it enjoys the benefit of having more buyers. At the same time, the company has been pushed to roll out new buyer and seller features and shift its image from its auction site...
Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. During that quarter, consumers made 69 million payments worth $18 billion via Zelle. Get...
Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
With “very substantial” investments to create digital platforms as well as new businesses, and its equity market-making business delivering its second-highest quarter in four years, Goldman Sachs posted second-quarter results Tuesday (July 16) that exceeded the expectations of Wall Street on top-line revenues and earnings...
Despite a reputation battered by scandal over the last two years and interest rates steadily climbing, Wells Fargo reported growth on both its top and bottom lines as it released its Q2 earnings earlier Tuesday (July 16). Profit was up 19 percent to $6.2 billion,...
