Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7 billion, reflecting the effects of a sluggish Chinese economy and ongoing geopolitical tensions...
Discover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is on track. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
US Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that were in line with expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In uncertain times, certainty pays off. And in uncertain times, many consumers tend to look for certainty in the financing options they have available to them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
