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BNP Paribas posts 14% drop in 4th-quarter net income, still beats analyst expectations

The bank was more upbeat about the remainder of the year, saying it expects the cost of risk to drop. ANGELA WEISS/AFP via Getty Images BNP Paribas.....»»

Category: topSource: businessinsiderFeb 5th, 2021

First Savings Financial Group, Inc. Reports Financial Results for the First Fiscal Quarter Ended December 31, 2020

JEFFERSONVILLE, Ind., Feb. 01, 2021 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (NASDAQ:FSFG) (the "Company"), the holding company for First Savings Bank (the "Bank"), today reported net income of $9.9 mil.....»»

Category: earningsSource: benzingaFeb 1st, 2021

Central Pacific Bank sees strong Q4 with gains in net income

CPB’s end-of-year total assets of $6.59 billion went up by $581.9 million, or 9.7% from that of 2019......»»

Category: topSource: bizjournalsJan 27th, 2021

American Hotel Income Properties price target raised to C$3.50 at National Bank

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.....»»

Category: blogSource: theflyonthewallJan 22nd, 2021

American Eagle sees Q4 revenue decline, looks ahead to 2023 with new growth strategy

American Eagle Outfitters Inc. said early Thursday that it expects fourth-quarter revenue to drop in the low.....»»

Category: topSource: marketwatchJan 21st, 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

Retired admiral is new chairman of Hawaiian Electric Industries

Hawaiian Electric Industries said Wednesday that retired Adm. Thomas Fargo has been elected chairman of the Honolulu-based parent of Hawaiian Electric Co. and American Savings Bank. Fargo succeeds Jeff Watanabe, who retired at the Hawaiian Electric.....»»

Category: topSource: bizjournalsMay 6th, 2020

Deutsche Bank warns of 67% drop in profits as the coronavirus decimates performance

Sean Gallup/Getty Images Deutsche Bank said in a pre-release statement Sunday that it expects its net income to drop to €66 million ($72 million) as the impact of coronavirus ta.....»»

Category: topSource: businessinsiderApr 27th, 2020

Bank of America gives dour economic outlook, profit falls

Bank of America Corp reported a 48.5% drop in first-quarter net income on Wednesday, warning that it anticipated a recession because of the novel coronavirus and setting aside an additional $3.6 billion to cover potential losses......»»

Category: topSource: reutersApr 15th, 2020

Bank of America profits drop in first quarter as industry braces for COVID-19

Charlotte's Bank of America Corp. (NYSE: BAC) is the latest bank to take a first-quarter earnings hit as it prepares for the impact of the novel coronavirus. The bank on Wednesday morning reported net income of $4 billion, or 40 cents per diluted.....»»

Category: topSource: bizjournalsApr 15th, 2020

First Hawaiian Bank, others open COVID SBA online applications

First Hawaiian Bank, Bank of Hawaii and American Savings Bank on Thursday posted online applications for the paycheck protection loans from the U.S. Small Business Administration for coronavirus relief. The SBA’s application process opens on Fri.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Hawaii banks close more branches, add kupuna hours throughout the state

First Hawaiian Bank joins Central Pacific Bank, Bank of Hawaii, Hawaii State Federal Credit Union and American Savings Bank in temporarily consolidating branch networks in response to COVID-19. Effective Thursday, First Hawaiian Bank will temporarily .....»»

Category: topSource: bizjournalsMar 25th, 2020

Oil giant Saudi Aramco sees 2019 profits drop

Saudi Aramco, the state-run oil giant, said its net income dropped by $22.9 billion to $88.2 billion in 2019......»»

Category: personnelSource: nytMar 15th, 2020

American Savings Bank sells Mililani service center for $9M

The sale of the building in the Mililani Technology Park on Dec. 26 follows the sale in October of American Savings Bank’s 12-story office building at the Financial Plaza of the Pacific to the Hawaii Employers’ Mutual Insurers Co. for $13.5 million......»»

Category: topSource: bizjournalsFeb 18th, 2020

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2019

SALEM, Ind., Feb. 11, 2020 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the "Company") (NASDAQ:MSVB), the holding company for Mid-Southern Savings Bank, FSB (the "Bank"), reported net income for the fourth quarter ended Decembe.....»»

Category: earningsSource: benzingaFeb 11th, 2020

Julius Baer sets sights on lowered costs after 2019 profit drop

Julius Baer set out new targets to improve its cost-income ratio by 2022, the bank said on Monday as it posted a 5% drop in adjusted net profit for 2019......»»

Category: topSource: reutersFeb 3rd, 2020

Territorial Bancorp Inc. sees increase in net income in Q4

Territorial Bancorp Inc. (NASDAQ: TBNK) saw a 8.66% increase in its net income for the fourth quarter, and a 14.49% increase from the year prior, the bank announced in a report Thursday. Territorial Bancorp's reported Q4 net income was $5.05 mi.....»»

Category: topSource: bizjournalsJan 31st, 2020

Corning sees profit drop in 2019

Corning has reported its full-year 2019 revenues grew 2% annually to reach US$11.5 billion, while net income for the year arrived at US$960 million, falling 10% compared to 2018's US$1.07 billion......»»

Category: topSource: digitimesJan 29th, 2020

American Airlines Sees Steep Drop In Cargo Revenue, Volume

Suffering the same cargo malaise as its competitors, American Airlines (NASDAQ: AAL), whic.....»»

Category: earningsSource: benzingaJan 23rd, 2020

American Airlines Sees Steep Drop In Cargo Revenue, Volume

Suffering the same cargo malaise as its c.....»»

Category: blogSource: benzingaJan 23rd, 2020