Tag: net interest income
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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...
JPMorgan’s profits fall 2% despite strong Wall Street performance
Profits at JPMorgan Chase (JPM) fell in the third quarter as it set aside more money to cover future loan losses, but its Wall...
Wells Fargo’s profit falls on lower interest income
Wells Fargo's (WFC) profit fell in the third quarter as the bank's interest income was squeezed by subdued loan demand and higher payments to...