While reporting its first-quarter results, US Bancorp USB lowered its 2024 net interest income and expense guidance. This doesn’t change our long-term outlook for the company, so we maintain our fair ...

For its first quarter, KeyCorp KEY reported net income to common shareholders of $183 million, or $0.20 per diluted share, on $1.5 billion of net revenue. An incremental $29 million FDIC special ...

Management expects full-year 2025 net interest income to grow by 1% to 3% compared to 2024, with more growth anticipated in the second half of the year. Santomassimo noted that the outcome will depend ...

Learn the critical differences between revenue and income, their impact on financial health, and how understanding each can ...

The Federal Reserve's campaign to rein in inflation by ratcheting up interest rates in 2022 and 2023 also hurt the central bank's own earnings in 2023. The sum of expenses in 2023 exceeded earnings by ...

Discover Financial Services DFS reported fourth-quarter 2024 adjusted earnings per share of $5.11, which comfortably beat the Zacks Consensus Estimate of $3.17. Also, the bottom line jumped more than ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

CEO Charlie Scharf highlighted a 16% year-over-year increase in diluted earnings per share, driven by improved fee-based revenue and disciplined expense management. He emphasized significant progress ...