Earnings

Earnings
Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
October 15, 2024

Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct. 15), but digital transformation and healthy consumer spending turned out to be the stars of the show. Get the Full...

Earnings
PNC Expects Loan Growth After Fed’s Rate Cut
October 15, 2024

PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
October 15, 2024

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management commentary for insight on investment banking. For Goldman Sachs, the latest earnings report on Tuesday (Oct. 15) offered variations on...

Earnings
Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
October 15, 2024

Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to...

Earnings
UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout
October 15, 2024

Cyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. 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...

Earnings
JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
October 11, 2024

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in the words of CFO Jeremy Barnum, is seeing a period of “normalization” as consumers are...

Earnings
BNY Clears Path for Cloud-Native Archer Acquisition
October 11, 2024

BNY is looking to add managed accounts and alternative and private market investment products as it looks to continue growing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Earnings
Delta’s Q3 Earnings Show 7% Growth in Corporate Travel
October 10, 2024

Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Domino’s Says Value Remains Key to Growth in QSR Space
October 10, 2024

Value is the key to gaining share in the quick-service restaurant (QSR) space in today’s macroeconomic environment, Domino’s executives said Thursday (Oct. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...