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IDFC Bank Q4 profit falls 76% to Rs 419 mn as bad loan provisions surge
Provisions and contingencies surged to Rs 2.42 billion in the quarter, from Rs 48 million in the year-earlier quarter.....»»
Indian Bank Q4 profit drops 32% to Rs 1.3 bn on higher NPA provisioning
Indian Bank is planning to raise around Rs 30 billion capital to support it's growth during 2018-19.The capital would help the Bank to reach total book size of Rs 4.25 lakh crore from Rs 3.71 lakh crore currently.The Bank wil.....»»
Indian Bank Q4 profit drops 59% to Rs 1.3 bn on higher NPA provisioning
Indian Bank is planning to raise around Rs 30 billion capital to support it's growth during 2018-19.The capital would help the Bank to reach total book size of Rs 4.25 lakh crore from Rs 3.71 lakh crore currently.The Bank wil.....»»
Netflix Stock Sized Up By 7 Analysts Post Q1 Results: "Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business"
Analysts weighed in on Netflix Inc (NASDAQ:NFLX) after the company reported first-quarter financial results, and shared how the company fits into the streaming platform sector. The Netflix Analysts: Bank of America analyst Jessica R.....»»
Dow Gains Over 100 Points; Bank of America Posts Upbeat Profit
U.S. stocks traded.....»»
Barclays profit almost triples in the first quarter as economic outlook turns positive and its COVID-related cash reserves fall
Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»
Deutsche Bank reports Q1 net profit EUR1B vs. EUR66M last year
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal
Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion expectation of analysts polled by the bank. REUTERS/ Bobby Yip HSBC posted a 79% jump in Q1 pre-tax profit that beat analyst expectati.....»»
Regions Financial stock gains after profit, revenue rise above expectations, but NII comes up shy
Shares of Regions Financial Corp. rose 0.4% in premarket trading Friday, after the Alabama-based regional bank reported first-quarter profit and revenue that rose abo.....»»
Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses......»»
Bank of New York Mellon profit and revenue fall, but beat expectations
Shares of Bank of New York Mellon Corp. were indicated up fractionally in premarket trading Friday, after the bank reported first-quarter profit and revenue that fell fr.....»»
Bank of America profit more than doubles on reserve release boost
Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses......»»
Bank of America stock jumps toward 13-year high after profit beat, new $25 billion buyback program
Shares of Bank of America Corp. rose 1.8% toward a 13-year high in premarket trading Thursday, after the bank reported profit that more than doubled and be.....»»
JPMorgan profit surges as bank releases cash set aside for bad loans
JPMorgan Chase & Co. reported first-quarter profit spiked nearly 400% after the bank released cash that had been set aside to cover bad loans......»»
Market Snapshot: Dow rises to intraday record, Nasdaq edges lower, as big bank earnings top expectations
U.S. stocks are mostly higher Wednesday afternoon as financial powerhouses JPMorgan Chase, Wells Fargo and Goldman Sachs kick off the first-quarter earnings season by beating expectations......»»
Goldman Sachs stock rises after record profit and revenue beat by wide margins
Shares of Goldman Sachs Group Inc. rose 1.7% in premarket trading Wednesday after the bank and brokerage company reported record profit and revenue th.....»»
Dish Network stock edges up as earnings rise above expectations, while subscribers decline
Shares of Dish Network Corp. edged up 0.4% in premarket trading Monday, after the satellite TV company reported fourth-quarter profit and revenue that rose above expectations, although Pay-TV and Wireless subscrib.....»»
Feds charge metro Atlanta woman in scam that defrauded Bank of America
The embezzlement and kickback scheme defrauded Bank of America out of approximately $2.7 million using fraudulent donations to non-profit organizations......»»
PepsiCo stock edges up after profit and revenue top forecasts, dividend raised by 5%
Shares of PepsiCo Inc. edged up 0.1% in premarket trading Thursday, after the beverage a.....»»
Deutsche Bank reports Q4 group profit EUR 189M vs. (EUR 1.5B) last year
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»