Earnings

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

WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
October 24, 2024  |  Earnings

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were central to WEX Inc.’s third-quarter 2024 earnings call on...

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Western Union’s Digital Business Sees 15% Growth in Transactions
Western Union’s Digital Business Sees 15% Growth in Transactions
October 23, 2024  |  Earnings

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked...

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LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
October 23, 2024  |  Earnings

LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to...

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Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
October 23, 2024  |  Earnings

Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory...

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Fiserv Earnings Highlight Embedded Finance and Pay-by-Bank Pacts
Fiserv Earnings Highlight Embedded Finance and Pay-by-Bank Pacts
October 22, 2024  |  Earnings

Fiserv’s latest third quarter results showed growth in its core point-of-sale solutions — and long-term potential for embedded finance amid new and recently struck partnerships....

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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Fifth Third Bancorp Sees 10% Jump in Commercial Payment Business
Fifth Third Bancorp Sees 10% Jump in Commercial Payment Business
October 18, 2024  |  Earnings

Fifth Third Bancorp continues to see positive results from its commercial payments operation. The Ohio-based lender reported third-quarter earnings Friday (Oct. 18) showing revenues from...

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Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
October 18, 2024  |  Earnings

Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter...

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Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
October 18, 2024  |  Earnings

For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. And, as Amex management noted...

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