Regions Financial Corp.’s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday banking. Supplementals tied to the company’s Friday (Jan. 17) earnings release noted that active mobile banking users were up 9%...
U.S. Bancorp’s most recent quarter took note of changing dynamics in deposit activity, growth in card loans, and momentum in its payments-related business lines that should last through the current year, according to management commentary Thursday (Jan. 16). Earnings materials show credit card loans were...
America’s biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last year, fueled by a surge in trading and dealmaking following the U.S. presidential election, the...
The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … … they’ve also detailed, on some cases, the lure of private credit and their longer term plans in the space. Stretching through...
April 14, 2017
Strength for JPMorgan and weakness for Wells, but with, maybe, a green shoot? Fortunes and earnings varied, but digital made inroads at both.
April 08, 2025
This week, America’s biggest banks are set to report their quarterly earnings. But as Reuters reported Tuesday (April 8), investors are less likely to be focused on profits than on the banks’ view of the economy amid steep U.S. tariffs. Wells Fargo analyst Mike Mayo said the biggest impact of the tariffs in the quarters to come “will be […]
January 13, 2025
America’s biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last...
October 18, 2024
Regions Bank’s profit dipped during the third quarter as deposit costs rose and loan demand fell. The regional lender released quarterly earnings Friday (Oct. 18) showing a 5.7% decline in...
April 17, 2024
The former chair of the FDIC is looking for signs of weakness in regional bank earnings. “I’m worried about a handful of them,” Sheila Bair, who headed the Federal Deposit Insurance Corp. during the financial...
