Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
Bank of America: Zelle Volumes Surge 25% Year Over Year
Bank of America: Zelle Volumes Surge 25% Year Over Year
January 12, 2024  |  Earnings

Bank of America’s digital evolution continues. The company posted December quarter results that showed digital volumes are on the upswing, as active digital users topped more...

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Delta: Business Travel, Digital Transformation Bright Spots in Uncertain Economy
Delta: Business Travel, Digital Transformation Bright Spots in Uncertain Economy
January 12, 2024  |  Earnings

Ongoing macroeconomic headwinds and labor realities are grounding Delta Air Lines’ near-term outlook. The Atlanta-based airline told investors during its Friday (Jan. 12) December quarter...

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JPMorgan Earnings: Credit and Debit Spend Surges 7%
JPMorgan Earnings: Credit and Debit Spend Surges 7%
January 12, 2024  |  Earnings

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  And the big bank’s metrics are showing evidence that consumer...

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Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs
Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs
January 11, 2024  |  Earnings

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season. Will...

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Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
January 09, 2024  |  Retail

Over the past year, the focus in retail has been delivering the value that customers seek. While many assume this means offering the lowest prices,...

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Digital Growth Compounds Grocers’ Margin Pressures
Digital Growth Compounds Grocers’ Margin Pressures
January 09, 2024  |  Retail

Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. Grocery giant Albertsons Companies, Inc., which has...

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Jump in Bad Loans Threatens Big Banks’ Earnings
Jump in Bad Loans Threatens Big Banks’ Earnings
January 08, 2024  |  Debt

The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings...

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‘Goliath’ JPMorgan Has 18% of All US Banking Revenue, Report Says
‘Goliath’ JPMorgan Has 18% of All US Banking Revenue, Report Says
December 27, 2023  |  Banking

JPMorgan Chase is ending 2023 as the leading figure in the U.S. banking sector. The company’s banking operation earned $38.9 billion in profits for the first nine months...

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Revolut Reports Revenue of $1.1 Billion in 2022
Revolut Reports Revenue of $1.1 Billion in 2022
December 22, 2023  |  Earnings

British FinTech Revolut expects its revenue to reach $2 billion this year after rising to $1.1 billion in 2022. Last year’s revenue was up 45%...

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