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’s Erica Surpasses 10M User Mark

Bank Of America’s Erica Surpasses 10M User Mark
Bank Of America’s Erica Surpasses 10M User Mark
January 15, 2020  |  Earnings

Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. 15), marking the latest growth surge for...

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Top News In Payments: Amazon Invests $1B In India SMBs; Wells Sees Card Spending Growth
Top News In Payments: Amazon Invests $1B In India SMBs; Wells Sees Card Spending Growth
January 15, 2020  |  News

In today’s top payments news, Amazon plans to invest $1 billion in small and medium-sized businesses in India. Plus, in fourth quarter earnings, Wells Fargo...

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Goldman Sachs: Marcus At $60 Billion In Deposits
Goldman Sachs: Marcus At $60 Billion In Deposits
January 15, 2020  |  Earnings

All quarterly reports have puts-and-takes, and variations on themes – and, for banks, the theme has thus far been a return to growth in at...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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Pinterest Enters Top Three Social Platforms; Shares Spike 13 Pct.
Pinterest Enters Top Three Social Platforms; Shares Spike 13 Pct.
January 14, 2020  |  Innovation

After a report indicated Pinterest came out ahead of Snap Inc.’s Snapchat to take the spot as the third-largest social media platform in the United...

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JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
January 14, 2020  |  Earnings

The consumer is doing just fine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Kohl’s CEO Defends Amazon’s Role In Helping Drive Traffic, Sales
Kohl’s CEO Defends Amazon’s Role In Helping Drive Traffic, Sales
January 13, 2020  |  Retail

How good of a pal is Amazon to other retailers? That’s the question getting traction over the last few days, thanks to the less-than-stellar holiday...

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Forty Percent Of US-Listed Companies Report Losses
Forty Percent Of US-Listed Companies Report Losses
January 10, 2020  |  Investments

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside...

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