Earnings

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

Truist Financial Sees Strong Q4; Digital Accounts Up 26 Pct

Truist Financial Sees Strong Q4; Digital Accounts Up 26 Pct
Truist Financial Sees Strong Q4; Digital Accounts Up 26 Pct
January 21, 2021  |  Earnings

Despite the ongoing challenges of the pandemic as well as the costs of what has been dubbed “the first large bank merger of the digital...

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United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
United Airlines’ Operating Revenue Drops 69 Pct Amid Pandemic
January 21, 2021  |  Earnings

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. Get the...

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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto
Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick...
January 21, 2021  |  News

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is...

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UnitedHealth Earnings Show Healthcare At The Crossroads
UnitedHealth Earnings Show Healthcare At The Crossroads
January 21, 2021  |  Healthcare

Every aspect of the U.S. healthcare system was hit hard by the COVID-19 pandemic, a reality illustrated by UnitedHealth Group’s latest earnings report published Wednesday...

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Q4 Earnings Reports Show Mobile Banking’s Surge
Q4 Earnings Reports Show Mobile Banking’s Surge
January 21, 2021  |  Banking

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from...

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P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online
P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online
January 20, 2021  |  Earnings

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues...

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Netflix Surpasses 200 Million Members, Stays Course Amid Digital Competition
Netflix Surpasses 200 Million Members, Stays Course Amid Digital Competition
January 19, 2021  |  Earnings

Netflix announced Tuesday (Jan. 19) as part of its fourth quarter earnings that it topped 200 million paid memberships in Q4, with 8.5 million paid...

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Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
January 19, 2021  |  Earnings

Echoing trends seen up and down Wall Street, fourth-quarter results from Goldman Sachs show huge gains in revenues tied to asset trading. But the results...

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Bank Of America’s Mobile Banking Customers Top 30 Million
Bank Of America’s Mobile Banking Customers Top 30 Million
January 19, 2021  |  Earnings

Bank of America announced on Tuesday (Jan. 19) that its revenue net of interest expense for Q4 2020 fell 10 percent compared to the year-ago...

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