TSYS, the payments processor, reported net income of $1.13 a share, beating the Street by 13 cents, while revenues of $987.2 million were up 18.5 percent year on year, beating estimates by $76.8 million. The company said that it gained momentum across its three business...
Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. Get the Full Story Complete the form to unlock this article...
Alphabet, the parent company of Google, posted results Monday that topped Wall Street estimates, as ad spending – across Google, in mobile search and also YouTube – showed traction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The customers are still opening their wallets, and using the cards. 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...
Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift results above Wall Street estimates, while digital initiatives showed strong momentum. Get the Full Story Complete the form to unlock this article and...
Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. Get the Full Story Complete the...
It’s not all about stocks and bonds. A trio of heavy hitters in the banking industry — JPMorgan Chase, Citigroup and Wells Fargo — reported results on Friday (April 13), kicking off earnings season in earnest. Get the Full Story Complete the form to unlock...
Verifone Systems has agreed to a $3.4 billion deal – accounting for both cash and debt – that will take the firm private, Reuters reported Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Naspers, the South African media and internet company, is unloading 2 percent of its stake in China’s Tencent, giving it up to $11 billion in return. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
