banking

Triumph Bancorp (NASDAQ: TBK) reported earnings for the fourth quarter of 2019 on Tuesday after markets closed. Triumph reported net income available to shareholders of $16.7 million or earnings per share of $0.66, beating the Street's expectations of $0.63 but down 7.7% year-over-year. In the...

Looks like we could be in for a busy week ahead! With a light schedule in terms of economic data, focus primarily will be on companies set to report quarterly results as well as central bank policy decisions. The Bank of Japan has already set the stage overnight, announcing its decision to leave...

The earnings parade has started on a positive note and that could be providing momentum early Thursday as markets appear set to re-test record highs. Morgan Stanley (NYSE: MS) became the latest big bank to open its books Thursday morning as the company easily beat analysts’ estimates on...

Despite tailwinds from the economy and the Fed, two of the three big banks scheduled to report Q4 earnings tomorrow and Thursday could see profit declines from a year ago, according to analyst estimates. Earnings from Bank of America Corp (NYSE: BAC), Goldman Sachs Group Inc (...

The market seems to be tiptoeing into earnings season with a bit of caution. That’s understandable given the predictions for an overall decline in earnings growth. Heading into this earnings season—which investors are likely to watch closely because corporate profits drive the market...

Earnings season begins this morning as the big banks release quarterly statements. Although this is the first earnings release of 2020, the financial performances are actually from the last quarter of 2019. Still, this can give traders a closer look at how the holiday season went, particularly for...

Sometimes it’s not so much the money you bring in as the money you keep. That definitely seems like the case going into earnings season this week for some of the biggest U.S. banks. Though revenue for the Financial sector is expected to rise just 1% in Q4, according to FactSet, earnings are...

It’s earnings time, and that means investors have something fundamental to get excited about. That’s in contrast to the last couple of weeks, when geopolitical drama dominated. The S&P 500 Index (SPX) hasn’t fallen on consecutive days in more than a month. With major indices...

Looks like another big week ahead for investors and traders alike with banks starting off earnings season: Wells Fargo & Co (NYSE: WFC), Citigroup Inc (NYSE: C), Bank of America Corp (NYSE: BAC), and Goldman Sachs Group Inc (NYSE: GS) all are set to report this week. In...

On Monday, Xerox Holdings Corp (NYSE: XRX) revealed a financing commitment with the aim to ease concerns that it is unable to fund its HP Inc (NYSE: HPQ) buyout proposal. In order to remove any doubt and prove it is capable to take over its much larger rival, Xerox secured binding financing...

Alibaba Group Holding Ltd (NYSE: BABA) fintech subsidiary Ant Financial and gaming company Razer Inc (OTC: RAZFF) have joined the race to get Singapore's digital banking license. Ant Financial Seeks Wholesale License Ant Financial has applied for a wholesale bank license with the...

Since the dawn of the 20th century, evolutions in communications technology have resulted in our financial systems becoming increasingly interconnected and interdependent. Early attempts at electronic fund transfers still relied on net settlement systems: Banks aggregated their balances with one...

Stocks posted fresh record highs on Friday as they continued to rally on the back of an easing of geopolitical risks. The S&P 500 was up more than 1.5% last week and posted its fourth consecutive weekly gain. The benchmark is up 28.5% for 2019 while the tech-heavy Nasdaq Composite is up 34.5%....

Imagine a country that replaces culture with computer code.  Instead of laws and police, it has smart contracts. Instead of a president, legislature or supreme court, it simply has another layer of computer code called “governance.”  Instead of money, it has digital...

Dividend growth investing has the potential to deliver reliable streams of income, with the added benefit of tax efficiency. Passive dividend income streams are increasingly being viewed as a viable strategy towards financial independence. The right dividend stocks can certainly serve that purpose...