Earnings

Traditional banks outshine Goldman in 1Q fixed-income trading

04/18/17

B of A, JPMorgan and Citi beat trading estimates unlike Goldman Sachs, but the investment bank still doubled its quarterly profits.

[more]

B of A's margins widen 16 basis points, profits rise 40%

04/18/17

Bank of America beat expectations in several categories, including earnings per share, revenue and net interest margin.

[more]

M&T Bank’s profit rises on accounting change, margin improvement

04/17/17

A new accounting policy and improved profit margins fueled M&T Bank’s double-digit profit growth in the first quarter.

[more]

Controlling costs, rebuilding revenue remain big challenges for Wells Fargo

04/13/17

The San Francisco bank says it's making strides in regaining the trust of its customers, but winning over new ones — as evidenced by a 9% decline in retail banking profits — remains a struggle.

[more]

Big banks still looking for margin lift, and other 1Q takeaways

04/13/17

Earnings season kicked off with some banks capitalizing better than others on higher rates and still-low deposit costs. Banks will have to keep working on that balance as they contend with rising credit card losses, slower commercial lending and other issues.

[more]

Commerce Bancshares' profit climbs 10% on strong loan, margin growth

04/13/17

A 9% increase in net interest income more than offset rising expenses at the Kansas City, Mo., company.

[more]

Rate hike, stock market surge push PNC's profit higher

04/13/17

Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.

[more]

First Republic's profits soar on surge in new loans, wealth revenues

04/13/17

Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.

[more]

Wells Fargo revenue falls short on higher costs, mortgage weakness

04/13/17

First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.

[more]

Citi's profits rise on lower loan-loss provision, trading surge

04/13/17

Citigroup Inc. generated the most revenue from fixed-income trading in three years, defying some analysts’ concerns about a slowdown in interest rate and currency activity during the first quarter.

[more]