Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

After Closing Citibanamex, Citi Will Invest in Firms That Match Its ‘Core Strengths’

After Closing Citibanamex, Citi Will Invest in Firms That Match Its ‘Core Strengths’
After Closing Citibanamex, Citi Will Invest in Firms That Match Its ‘Core Strengths’
January 14, 2022  |  Earnings

Citigroup is making changes to its business structure, the bank said on its earnings call Friday (Jan. 14), part of a larger strategy to get...

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Wells Fargo Sees Consumer and Commercial Loan Growth in the Second Half of 2021
Wells Fargo Sees Consumer and Commercial Loan Growth in the Second Half of 2021
January 14, 2022  |  Earnings

In what could be considered a sign of economic recovery, Wells Fargo reported Friday (Jan. 14) that the demand for both consumer and commercial loans...

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Wells Fargo Tops Forecasts with $5.8B Q4 Profits
Wells Fargo Tops Forecasts with $5.8B Q4 Profits
January 14, 2022  |  Earnings

Wells Fargo posted fourth-quarter net income of $5.8 billion on Friday (Jan. 14), an 86% increase over last year’s $3.09 billion, according to the bank’s...

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JPMorgan Active Mobile Customers Hit 59M, Tech Investments Top $12B
JPMorgan Active Mobile Customers Hit 59M, Tech Investments Top $12B
January 14, 2022  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Delta Airlines Q4 Earnings Shows That Travel Still Faces A Long Haul to Recovery
Delta Airlines Q4 Earnings Shows That Travel Still Faces A Long Haul to Recovery
January 13, 2022  |  Earnings

Just when you thought it was safe to travel — omicron. Sounding more like an expensive watch than a contagious disease, the COVID-19 variant smacked...

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Fast Retailing Cautions About COVID-19 Uncertainty Ahead for Uniqlo
Fast Retailing Cautions About COVID-19 Uncertainty Ahead for Uniqlo
January 13, 2022  |  Retail

Even as it was reporting a record net profit of 93.5 billion yen ($816 million) for the first quarter of fiscal 2022 that ended Nov....

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Just Eat Takeaway Aims to Leave ‘No More Oxygen’ for Competitors Globally
Just Eat Takeaway Aims to Leave ‘No More Oxygen’ for Competitors Globally
January 12, 2022  |  Delivery

Around the world, in the competitive food delivery category, the win condition is shifting. Where in 2020 and 2021, the goal was to capture the...

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Lightspeed’s US Retailers Doubled Industry Average Growth
Lightspeed’s US Retailers Doubled Industry Average Growth
January 12, 2022  |  Earnings

Merchant point-of-sale (POS) commerce platform Lightspeed Commerce said its U.S.-based merchants achieved twice the average industry growth of their peers last year, with 35% same-store...

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