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Bank of America"s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts

Bank of America (BAC) reported Q1 net income of $7.2B, beating expectations with EPS of $0.83. Revenue declined, but stock has gained 18% in 12 months. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

Why M&T Bank Shares Are Trading Higher Today

M&T Bank Corporation (NYSE:MTB) shares are trading higher after it reported first-quarter FY24 results. Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. Net interest income expres.....»»

Category: earningsSource: benzingaApr 15th, 2024

Grupo Elektra Announces Revenue Of Ps.31,385 Million And EBITDA Of Ps.5,435 Million In The First Quarter Of 2021

MEXICO CITY, April 28, 2021 /PRNewswire/ -- Grupo Elektra, S.A.B. de C.V. (BMV:ELEKTRA, Latibex: XEKT)), Latin America's leading specialty retailer and financial services company, and the largest non-bank provider of cash advance services in the Unite.....»»

Category: earningsSource: benzingaApr 28th, 2021

Bank Of America And Citigroup Struggle After Stellar Q1 Earnings

Bank Of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) reported first-quarter 2021 earnings results Thursday morning and, like Goldman Sachs Group Inc (NYSE: GS), JPMorga.....»»

Category: earningsSource: benzingaApr 15th, 2021

Bank Of America And Citigroup Struggle After Stellar Q1 Earnings

Bank Of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) reported fir read more.....»»

Category: blogSource: benzingaApr 15th, 2021

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......»»

Category: topSource: foxnewsApr 15th, 2021

Nvidia Raked In $100-300M From Ethereum Miners In Q4 Amid GPU Supply Crunch

Nvidia Corporation (NASDAQ: NVDA) estimates between $100 million and $300 million of its fourth-quarter revenue came from Ethereum (CRYPTO: ETH) miners, according to the company’s Chief Financial Officer Colette Kress, read more.....»»

Category: blogSource: benzingaFeb 25th, 2021

4 Reasons This Analyst Is Bullish On Charles Schwab

Bank of America recently hosted a bull-bear debate on Charles Schwab Corporation (NYSE: SCHW) and came out firmly on the bullish side of the camp. .....»»

Category: blogSource: benzingaFeb 17th, 2021

Bank of America"s stock slips after profit beat expectations but revenue falls shy

Shares of Bank of America Corp. slipped 0.2% in premarket trading Tuesday, erasing earlier gains, after the bank reported a fourth-quarter profit that beat expectations but revenue that fell short, as .....»»

Category: topSource: marketwatchJan 19th, 2021

Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division

The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»

Category: worldSource: nytJan 19th, 2021

Bank of America beat analysts" income expectations in fourth quarter, missed on revenue

The Covid-19 pandemic continues to drag on Bank of America Corp.'s earnings, although results show the potential for recovery......»»

Category: topSource: bizjournalsJan 19th, 2021

Will Bank Of America Beat Earnings Estimates Next Week?

Bank of America’s (NYSE: BAC) stock has been surging, with more than 18% in gains in just the last month. Yet this does not guarantee that Bank of America or other banking companies will report positive earnings reports. read more.....»»

Category: blogSource: benzingaJan 15th, 2021

Microsoft Analyst Lowers Revenue Estimates Ahead Of Q3 Report, Remains Bullish On Software "Pillar"

Ahead of Microsoft Corporation's (NASDAQ: MSFT) third-quarter results due Wednesday, one analyst at Jefferies discussed the software giant's near-term uncertainties and .....»»

Category: blogSource: benzingaApr 28th, 2020

Home prices will decline nationally, but only briefly: Michelle Meyer

CNBC's Kelly Evans discusses estimates for the housing market with Bank of America's Michelle Meyer......»»

Category: realestateSource: cnbcApr 23rd, 2020

Bank of America"s stock falls after profit miss, while revenue tops expectations

Shares of Bank of America Corp. fell 2.9% in premarket trading Wednesday, after the moneycenter bank reported a first-quarter profit that fel.....»»

Category: topSource: marketwatchApr 15th, 2020

Nike"s revenue beats as North America, Europe offset China sales drop

Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns......»»

Category: topSource: reutersMar 24th, 2020

Albany County Land Bank says it"s now spurred $20 million in private investment

The Albany County Land Bank has now sold more than 500 properties, the nonprofit corporation announced this week. The land bank estimates the sales have spurred more than $20 million in private investment. Specifically, the land bank has sold 508.....»»

Category: topSource: bizjournalsFeb 28th, 2020

Bank Of America: "Nowhere To Hide"

Bank Of America: "Nowhere To Hide" It's not just the markets that are in freefall, so are crushed revised estimates of global economic growth. Overnight Bank of America has taken the axe to its GD.....»»

Category: blogSource: zerohedgeFeb 27th, 2020

This Analyst Sees Better First Quarter For Target

Buying in big box discount stores is gaining momentum thanks to a combination of macroeconomic factors, with the improvement set to particularly benefit Target Corporation (NYSE: TGT), Bank of America said Friday. Latest .....»»

Category: blogSource: benzingaFeb 21st, 2020

Ralph Lauren beats quarterly revenue estimates

Ralph Lauren Corp inched past holiday-quarter revenue estimates on Tuesday, helped by demand for its winterwear in Europe and North America......»»

Category: topSource: reutersFeb 4th, 2020