Earnings

Earnings
US Bancorp Card Net Charge-Off Rate Hits 4.2%
April 17, 2024

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
UnitedHealth Takes $872 Million Hit From Ransomware Attack
April 16, 2024

The recent cyberattack on UnitedHealth Group’s Change Healthcare unit cost the company $872 million. 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....

Earnings
PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’
April 16, 2024

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Johnson & Johnson Amplifies MedTech Profile in Q1 Earnings
April 16, 2024

Johnson & Johnson (J&J) has emphasized the pivotal role of medical technology (MedTech) in advancing healthcare. 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,...

Earnings
Commerce Bancshares Echoes Q1 Earnings Theme of Resilience
April 16, 2024

Commerce Bancshares, one of the Midwest’s strongest regional banks, joined the chorus of Q1 results reporting Tuesday (April 16) and sounded the theme of resiliency. Tipping its hat to the high interest rates and cautious consumer spending outlook that has dominated bank reporting over the...

Earnings
Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
April 16, 2024

Bank of America’s first quarter results took note of continued use of digital channels in banking — and for payments, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
April 15, 2024

Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Citigroup Watches Spending; Sees Digital Engagement Rising
April 12, 2024

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Wells Fargo Sees Brighter Days for US Consumer Spending
April 12, 2024

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...