Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

US Bancorp Card Net Charge-Off Rate Hits 4.2%

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

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...

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US Bancorp Interest Income Dips as Customer Caution Continues
US Bancorp Interest Income Dips as Customer Caution Continues
April 17, 2024  |  Banking

U.S. Bancorp is forecasting a decline in net interest income for this year.  Get the Full Story Complete the form to unlock this article and...

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LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the...

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

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...

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

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...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. Get the Full Story...

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

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...

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

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....

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

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...

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