Tag: net interest income
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American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook
American Express Co’s (NYSE:AXP) third-quarter revenue (net of interest expense) grew 8% year-on-year to $16.64 billion, marginally missing the analyst consensus estimate of $16.67 billion.The increase was...
Q3 2024 Texas Capital Bancshares Inc Earnings Call
ParticipantsJocelyn Kukulka; Investor Relations; Texas Capital Bancshares IncRob Holmes; President, Chief Executive Officer, Director; Texas Capital Bancshares IncJohn Scurlock; Chief Financial Officer, Managing Director;...
US Bancorp’s lending income topped estimates in third quarter
(Bloomberg) — U.S. Bancorp (USB) raked in net interest income that topped analyst estimates as fixed-rate assets in its portfolio benefited from higher borrowing...
Bank of America Q3 Earnings: Profit Drops 12% On Loan Loss Provisions, Investment Banking Fees Soar 18%
Bank of America Corp (NYSE:BAC) reported a third-quarter fiscal 2024 net income of $6.9 billion and EPS of $0.81, beating the analyst consensus estimate of $0.77....
BofA profit drops on weaker interest income
Bank of America (BAC) reported a drop in third-quarter profit on Tuesday, as its income from customer interest payments shrank.Shares of the bank dipped...