PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts in the number of payments per active account. Get the Full Story Complete the form to unlock this article and...
Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. Get the Full Story Complete the form to unlock this article...
It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday (October 15) when it released its third-quarter financials — a report that showed mobile banking growth, along with other gains....
As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues, but missed analysts’ earnings expectations for the third quarter. The bank reported revenues of $21.9 billion and earnings per share...
JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending, and also showed growth in its mobile and digital initiatives. Get the Full Story Complete the form to unlock this...
It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amid a banner year for prescriptions along with a rise in refills from digital channels, Walgreens Boots Alliance beat earnings expectations, but fell short on top-line estimates. The pharmacy chain reported earnings per share of $1.48 and revenues of $33.4 billion compared to estimates of...
Snap, the maker of a disappearing messenger app, may have to raise capital by the middle of next year, according to MoffettNathanson. The Wall Street firm wrote in a research note that the company is running out of cash. Get the Full Story Complete the form...
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. 9), predicting the iPhone maker will see increased momentum thanks to the launch of its latest round of mobile devices. Get the Full Story Complete the form to unlock this article and...
