• Wells Fargo profit misses estimates on hefty expenses, decline in loans

    2 monthes ago - By Reuters

    Wells Fargo & Co posted a quarterly profit that fell short of analyst estimates on Friday as expenses increased due to former missteps and lending activity dropped, sending its shares down 4 percent in early trade.
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  • PNC shares gain after higher commercial lending leads to better-than-expected earnings report

    2 monthes ago - By CNBC

    Shares of PNC Financial Services rose nearly 2 percent in premarket trading Friday after beating estimates in its second-quarter earnings report.
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  • Wells Fargo profit misses estimates on lower loans, higher expenses

    2 monthes ago - By Reuters

    Wells Fargo & Co on Friday reported a bigger-than-expected drop in quarterly profit, as lending activity slowed and it recorded higher expenses.
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  • Citigroup profit rises 16 percent on lower taxes, higher fee income

    2 monthes ago - By Reuters

    Citigroup Inc reported a 16 percent increase in quarterly profit on Friday, as the Wall Street bank benefited from lower taxes, higher fee income and strength in its consumer banking business in Mexico.
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  • Wells Fargo profit falls 12 percent

    2 monthes ago - By Reuters

    Wells Fargo & Co on Friday posted a 12 percent decline in second-quarter profit, as loans fell and expenses rose.
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  • Citi profit rises 16% in second quarter

    2 monthes ago - By Chron

    Larry French/AP
    Citigroup reported second quarter earnings results Friday morning.
    The bank reported adjusted earnings of $1.63, up 27% from year-ago period
    Here's the rest of the earnings:
    Revenue: $18.5 billion, up 3.5% from 2017
    Net income: $4.5 billion, up 16%
    Markets: Trading revenues decreased 1% to $4.5 billion, as a strong performance in equities trading revenue was offset by weaker fixed income results.
    Consumer banking: Revenues of $8.3 billion increased 2% over the year-ago period, boosted by good results in retail banking. However, the business saw lower revenues in...
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  • JPMorgan profits surge past $8bn after surprise trading gains

    2 monthes ago - By eFinancial News

    Bank kicks off Wall Street earnings season with big growth in stock-trading revenues
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  • JPMorgan profit beats on better-than-expected trading, loan growth

    2 monthes ago - By Reuters

    JPMorgan Chase & Co's quarterly profit topped Wall Street's expectations on Friday, as trading revenue came in much higher than expected and demand for loans increased on the back of a strengthening U.S. economy.
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  • JP Morgan posts record second-quarter profit as trading revenue unexpectedly increases; shares rise

    2 monthes ago - By CNBC

    JPMorgan beats estimates on higher than expected trading results
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  • JPMorgan profit beats on higher trading revenue, loan growth

    2 monthes ago - By Reuters

    JPMorgan Chase & Co's quarterly profit topped Wall Street's expectations on Friday, driven by much higher-than-expected trading revenue and increased loan demand.
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  • JPMorgan's profits rise 18 percent, helped by lower taxes

    2 monthes ago - By Chron

    NEW YORK - JPMorgan Chase says second-quarter profits rose by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law.
    JPMorgan earned $8.32 billion in the first quarter, or $2.29 a share, up from $7.03 billion, or $1.82 a share, in the same period a year earlier. The results beat analysts' expectations for earnings of $2.22 a share.
    The bank again saw a much lower tax bill compared to a year earlier. JPMorgan paid $2.26 billion in income taxes in the second quarter, down...
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  • JPMorgan reports 18.3 percent rise in profit

    2 monthes ago - By Reuters

    JPMorgan Chase & Co reported an 18.3 percent rise in quarterly profit on Friday, helped by tax gains, a rise in interest rates and higher trading revenue.
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