Earnings

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

US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
July 17, 2024  |  Earnings

Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp’s earnings, released Wednesday (July 17) indicated that within the company’s payment services...

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Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
July 17, 2024  |  Earnings

In today’s uncertain environment, consumers want one thing: choice. That’s because macroeconomic uncertainty over inflation and interest rates is rocking consumer behavior and affecting big-ticket...

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Mango Reaches New Heights With Buzzy Collaborations and Click-and-Mortar™ Focus
Mango Reaches New Heights With Buzzy Collaborations and Click-and-Mortar™ Focus
July 16, 2024  |  Retail

As clothing shoppers increasingly seek of-the-moment relevance and omnichannel accessibility, Mango is growing its reach by seizing on attention-grabbing short-term launches and connected technologies. The...

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PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
July 16, 2024  |  Earnings

PNC Financial Services Group saw expected increases in total nonperforming loans and net loan charge-offs in the second quarter. The increases were primarily due to...

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Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there’s still...

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AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
July 16, 2024  |  Earnings

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the...

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Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...

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Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
July 15, 2024  |  Earnings

Goldman Sachs’ GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing. Its latest earnings results, released Monday (July...

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AutoNation: CDK Hack Will Hurt Earnings
AutoNation: CDK Hack Will Hurt Earnings
July 15, 2024  |  Security & Fraud

The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country,...

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