$JNS (Janus Capital Group, Inc.)

$JNS {{ '2016-10-03T11:28:26+0000' | timeago}} • Announcement

$JNS' largest shareholder Dai-ichi has committed to vote in favor of the merger and believes the combination will further strengthen its global partnership with Janus Henderson Global Investors. Post-merger, Dai-ichi will hold about 9% of the combined group and intends to increase its ownership interest to at least 15%.

$PBCT {{ '2018-01-18T21:58:01+0000' | timeago}} • Announcement

During 4Q17, $PBCT's BoD declared a $0.1725 per common share quarterly dividend payable February 15, 2018 to shareholders of record on February 1, 2018.

$PBCT {{ '2018-01-18T21:56:41+0000' | timeago}} • Announcement

$PBCT reported a rise in its 4Q17 earnings, helped by increased net income and a tax benefit related with the tax reform. Net income rose 40% to $106.2MM, or $0.30 per share from $75.9MM, or $0.24 per share during 4Q16. Net interest income grew to $292.3MM during the quarter from $246.8MM in the previous year.

$PBCT {{ '2018-01-18T21:47:48+0000' | timeago}} • Infographic

$PBCT People's United Financial, Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$BK {{ '2018-01-18T21:34:13+0000' | timeago}} • Webcast

As a result of tax reforms, Bank of New York Mellon expects to reinvest the cash in building capital base, organic investments, acquisitions, and via dividends & buybacks. $BK also plans to increase minimum wages for all employees to $15 per hour in the US. The company also plans to increase technology spending as 75% of the business is tech based.

$USB {{ '2018-01-18T20:36:26+0000' | timeago}} • Webcast

$USB reported 5.4% growth in its credit and debit card revenue. This growth was driven by higher sales volumes. Trust and investment management fees increased 7.1% mainly due to favorable market conditions and net asset and account growth. Merchant processing revenue fell 1% YoY due to exit of certain joint ventures in 2Q17.

$USB {{ '2018-01-18T20:30:14+0000' | timeago}} • Webcast

During 4Q17, $USB's net interest margin decreased 2Bps to 3.08%. Non-interest expense increased 3.6% YoY, reflecting higher compensation and employee benefits expense mainly related to hiring to support business growth and compliance programs.

$KEY {{ '2018-01-18T18:47:55+0000' | timeago}} • Webcast

$KEY said it plans to start moving dividend payout to around 40- 50% 'return to shareholders.' Over the next few years, KeyCorp expects to increase the annual originations in its real estate business by $5Bil. In future, investment Banking Debt Placement Fees and cards & payments revenues are seen as strong growth areas for the company.

$KEY {{ '2018-01-18T18:39:38+0000' | timeago}} • Webcast

$KEY plans to reach its target of $300MM in run rate revenue synergy, from the addition of First Niagara, by the end of 2019. Going forward, the US tax reform is expected to result in a lower income tax rate for the company. KeyCorp expects purchase accounting accretion to decline 10% per quarter in 2018, from the fourth quarter levels.

$BAC {{ '2018-01-18T18:12:16+0000' | timeago}} • Webcast

$BAC said it expects solid NII growth in 2018 from loan and deposit growth. "The increase is going to depend upon the amount of loan growth, the utilization of rates increasing along the forward curve and obviously our ability to manage the deposit rate pay," CFO Paul Donofrio said.

$KEY {{ '2018-01-18T17:38:13+0000' | timeago}} • Webcast

$KEY said it achieved $400MM of cost savings from the acquisition of First Niagara in 2017, and expects to realize $50MM more early this year. The company sees significant growth opportunities in the coming years from the recent acquisition of Cain Brothers. The focus on credit quality has resulted in strong credit metrics in the current year.

$MS {{ '2018-01-18T17:34:17+0000' | timeago}} • Announcement

Sales and trading net revenue of $MS fell 16% to $2.7Bil in 4Q17, as fixed-income sales and trading revenue slipped 45%. The decrease was primarily driven by lower results in rates and foreign exchange. $MS's decline is on par with $GS that reported a 50% drop in bond trading during 4Q17.

$BPFH {{ '2018-01-18T17:31:18+0000' | timeago}} • Announcement

$BPFH's net interest income during 4Q17 was $57.3MM, up 11% from $51.5MM during 4Q16. Net interest margin was 3.04% for 4Q17, up 16Bps from 4Q16.

$BPFH {{ '2018-01-18T17:23:50+0000' | timeago}} • Announcement

$BPFH BoD declared a cash dividend to common shareholders of $0.12 per share. The dividend is payable on February 16, 2018, of record as on February 2, 2018.

$BPFH {{ '2018-01-18T17:21:19+0000' | timeago}} • Announcement

Wealth management and private banking company $BPFH reported 4Q17 net loss of $18.3MM, or $0.24 loss per share compared to earnings of $17.6MM, or $0.19 during 4Q16. The results were mainly impacted by $38.9MM of charges related to divestiture of Anchor and the the new tax law. Revenue came in at $96.4MM.

$BAC {{ '2018-01-18T17:13:36+0000' | timeago}} • Webcast

During the earnings conference call, $BAC CEO Brian Moynihan said a lion's share of the saving driven by the tax overhaul will be distributed to shareholders as dividends and share buybacks.

$MS {{ '2018-01-18T16:27:37+0000' | timeago}} • Announcement

During 4Q17, $MS's BoD declared a $0.25 quarterly dividend per share, payable on February 15, 2018 to common shareholders of record on January 31, 2018.

$MS {{ '2018-01-18T16:24:14+0000' | timeago}} • Announcement

$MS, like other major banks, recorded a net discrete tax provision of $990MM related to the new tax law during 4Q17. This led to a 59% drop in earnings to $686MM, or $0.29 per share, from $1.6Bil, or $0.81 per share during 4Q16. Adj. EPS was $0.84. Net revenue during the quarter was $9.5Bil, up 5% from $9Bil.

$BK {{ '2018-01-18T15:36:57+0000' | timeago}} • Announcement

The world's largest custodian bank Bank of New York Mellon reported 37% jump in 4Q profits due to tax reforms. Revenue for the quarter dropped 2% to $3.7Bil (fee revenues contributed 77%), while assets under custody increased 11% to $33.3 trillion. Tax benefits stood at $427MM. $BK also recorded $246MM in severance and litigation charges.

$KEY {{ '2018-01-18T15:25:06+0000' | timeago}} • Infographic

$KEY KeyCorp Earnings AlphaGraphic: Q4 2017 Highlights

$CMA {{ '2018-01-18T15:06:41+0000' | timeago}} • Announcement

Profit for $CMA fell 32% YoY to $112MM, or $0.63 per share, for 4Q17 as the Dallas-based lender took a $107MM charge to adjust deferred taxes due to the Tax Cuts and Jobs Act. But the company's earnings were up 29% to $1.28 per share after adjusting for the charge and other items. Pre-tax income grew 46% for the quarter and 84% for the year.

Recent Transcripts

GS (The Goldman Sachs Group, Inc.)
Wednesday, January 17 2018 - 2:30pm
USB (U.S. Bancorp)
Wednesday, January 17 2018 - 2:00pm
BAC (Bank of America Corporation)
Wednesday, January 17 2018 - 1:30pm
CMA (Comerica Incorporated)
Tuesday, January 16 2018 - 1:00pm
WFC (Wells Fargo & Company)
Friday, January 12 2018 - 3:00pm
NOAH (Noah Holdings Limited)
Tuesday, November 21 2017 - 1:00am
SCM (Stellus Capital Investment Corporation)
Friday, November 10 2017 - 4:00pm
GROW (U.S. Global Investors, Inc.)
Friday, November 10 2017 - 1:30pm
NMFC (New Mountain Finance Corporation)
Wednesday, November 8 2017 - 3:00pm
TPVG (TriplePoint Venture Growth BDC Corp.)
Monday, November 6 2017 - 10:00pm
PGR (Progressive Corp.)
Friday, November 3 2017 - 2:00pm
FNGN (Financial Engines, Inc.)
Thursday, November 2 2017 - 9:00pm
ARCC (Ares Capital Corporation)
Thursday, November 2 2017 - 4:00pm
OZM (Och-Ziff Capital Management Group LLC)
Thursday, November 2 2017 - 12:30pm
APO (Apollo Global Management, LLC)
Wednesday, November 1 2017 - 2:00pm
RE (Everest Re Group Ltd.)
Tuesday, October 31 2017 - 2:30pm
AMG (Affiliated Managers Group Inc.)
Monday, October 30 2017 - 12:30pm
OAK (Oaktree Capital Group, LLC)
Thursday, October 26 2017 - 3:00pm
BEN (Franklin Resources, Inc.)
Thursday, October 26 2017 - 3:00pm
UNM (Unum Group)
Thursday, October 26 2017 - 12:00pm

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