$GDOT (Green Dot Corporation)

$GDOT {{ '2016-05-23T18:13:37+0000' | timeago}} • Announcement

$GDOT said stockholders have elected Saturnino Fanlo and George W. Gresham to its Board of Directors. The Company also expects Steven Streit will be re-elected based on preliminary voting results. Additionally, stockholders voted in favor of all other proposals submitted for a vote at the Annual Meeting.

$ICE {{ '2017-10-23T11:19:17+0000' | timeago}} • Announcement

$ICE completed the acquisition of the Bank of America Merrill Lynch Global Research division’s fixed income index platform. The acquired division will be a part of $ICE's Data Services. Terms of the agreement were not disclosed.

$JPM {{ '2017-10-20T21:10:15+0000' | timeago}} • Announcement

$JPM announced that it has released its results of the 2017 Mid-Cycle Stress Test which the firm is subject to under Dodd-Frank Act Stress Test requirements.

$ADS {{ '2017-10-19T13:23:49+0000' | timeago}} • Infographic

$ADS Alliance Data Systems Corporation Earnings AlphaGraphic: Q3 2017 Highlights

$ADS {{ '2017-10-19T13:08:19+0000' | timeago}} • Announcement

$ADS declared a quarterly cash dividend of $0.52 per share on the company's common stock, payable on December 19, 2017 to stockholders of record on November 14, 2017.

$ADS {{ '2017-10-19T12:44:20+0000' | timeago}} • Announcement

For FY17, $ADS sees revenue growth of 9% to $7.8Bil, and core EPS of $18.10, a 7% increase over FY16. For FY18, revenue is expected to be $8.7Bil, up 12% over FY17, and core EPS of $21.50, representing a 19% increase over FY17.

$ADS {{ '2017-10-19T12:39:09+0000' | timeago}} • Announcement

$ADS' revenue edged up 1% to $1.91Bil and EPS rose 18% to $4.20 in 3Q17, partly helped by the normalization in credit quality. Net income rose to $233MM from $208MM a year ago. Also during the quarter, adjusted EBITDA increased 7% to $550MM, while core EPS jumped 13% to $5.35.

$MCO {{ '2017-10-18T14:05:12+0000' | timeago}} • Announcement

$MCO made a strategic investment in CompStak, a provider of commercial real estate (CRE) lease information. $MCO and CompStak will collaborate to develop a new platform that delivers a comprehensive set of CRE data and analytics. The investment was funded through U.S. cash and will not have a material impact on $MCO's 2017 financial results.

$WFC {{ '2017-10-17T20:39:48+0000' | timeago}} • Webcast

Despite the impact of $1Bil discrete litigation accrual for mortgage-related regulatory investigations in 3Q17, $WFC's average deposits grew 4% YoY, client assets reached record levels in wealth and investment management, debit card purchase volume grew 5%, balances in consumer and general purpose credit card portfolio grew 5%.

$JPM {{ '2017-10-16T12:38:37+0000' | timeago}} • Announcement

$JPM declared dividends on the outstanding shares of the firm's Series O, P, T, W, Y, AA and BB preferred stock.

$BAC {{ '2017-10-13T19:10:55+0000' | timeago}} • Webcast

$BAC said it did not see a spike in loan defaults in 3Q17, unlike rivals such as $JPM and $C. However, the Charlotte, North Carolina- based company said it increased its provision for loan losses in the consumer banking segment by $269MM, keeping in mind the impact of hurricanes during the quarter.

$BAC {{ '2017-10-13T18:32:39+0000' | timeago}} • Webcast

Responding to a question whether $BAC would be able to hold the reins on costs in its Global Wealth and Investment Management business, the company said higher expenses are always attached to wealth management fee generation. In 3Q17, efficiency ratio for Wealth Management unit stood at 73%, much higher than Commercial Banking and Consumer units.

$WFC {{ '2017-10-13T18:27:56+0000' | timeago}} • Announcement

For 3Q17, $WFC's revenue came under pressure, declining 2% YoY to $21.9Bil. Operating expenses rose 8%, mainly due to the legal costs the bank is facing to resolve its fake accounts fall-out. Notably, to fight rising legal costs, the bank has planned to slash its expenses by $4Bil by the end of 2019 by shutting down more than 400 branches.

$WFC {{ '2017-10-13T18:16:09+0000' | timeago}} • Announcement

Amidst the struggle to recover from its fake accounts scandal that resulted in millions in penalties and resignation of then-CEO John Stumpf, $WFC posted lowest quarter earnings in seven years. The bank's profit for 3Q17 fell 19% YoY as it set aside $1Bil to cover regulatory investigations into lending practices prior to the 2008 financial crisis.

$BAC {{ '2017-10-13T18:07:59+0000' | timeago}} • Webcast

As part of its cost-cutting initiative, $BAC said it reduced workforce by 0.5% or 1,065 workers in 3Q17. The banking behemoth has cut over 80,000 jobs since CEO Brian Moynihan announced the initiative in 2011. Bank of America said it doesn't expect to see any more huge job cuts in the near future.

$WFC {{ '2017-10-13T15:36:51+0000' | timeago}} • Infographic

$WFC Wells Fargo & Company Earnings AlphaGraphic: Q3 2017 Highlights

$BAC {{ '2017-10-13T13:15:17+0000' | timeago}} • Infographic

$BAC Bank of America Earnings AlphaGraphic: Q3 2017 Highlights

$BAC {{ '2017-10-13T12:14:49+0000' | timeago}} • Announcement

In 3Q17, $BAC witnessed revenue growth in three of its four segments. Revenue from its largest segment, Consumer Banking, increased 10%, while that from Global Wealth and Investment Management rose 6%. Global Banking segment revenue rose 5%, but revenue from Global Markets fell 11% during the quarter.

$BAC {{ '2017-10-13T12:07:34+0000' | timeago}} • Announcement

$BAC said its loans in 3Q17 totaled $927.1MM, while deposits came in at $1.284 trillion. Meanwhile, driven by higher commercial losses, $BAC's net charge-offs rose by $12Bil YoY to $900MM.

$BAC {{ '2017-10-13T12:02:32+0000' | timeago}} • Announcement

$BAC, the second largest US bank by assets, said sales and trading revenue fell 13% to $3.1Bil in 3Q17 due to unfavorable market conditions and lower volatility in rates products. Fixed-income trading revenue fell 22% to $2.15Bil. Earlier, rivals $C and $JPM had also reported 16% and 27% declines respectively in their fixed-income trading revenues.

$BAC {{ '2017-10-13T11:53:40+0000' | timeago}} • Announcement

In spite of weak bond trading business, $BAC reported 13% jump in net income in 3Q17 to $5.6Bil, or $0.48 per share. Meanwhile, riding on a 9% climb in Net Interest Income during the quarter, the banking giant managed to modestly lift its revenue up 1% to $22.08Bil.

Recent Transcripts

BHLB (Berkshire Hills Bancorp Inc.)
Friday, October 20 2017 - 2:00pm
EEFT (Euronet Worldwide, Inc.)
Friday, October 20 2017 - 1:00pm
DST (DST Systems Inc.)
Friday, October 20 2017 - 12:30pm
ADS (Alliance Data Systems Corporation)
Thursday, October 19 2017 - 12:30pm
WFC (Wells Fargo & Company)
Friday, October 13 2017 - 2:00pm
BAC (Bank of America Corporation)
Friday, October 13 2017 - 12:30pm
C (Citigroup Inc.)
Thursday, October 12 2017 - 2:00pm
JPM (JPMorgan Chase & Co.)
Thursday, October 12 2017 - 12:30pm
AFSI (AmTrust Financial Services, Inc.)
Tuesday, August 8 2017 - 9:30pm
GDOT (Green Dot Corporation)
Tuesday, August 8 2017 - 9:00pm
FDC (First Data Corporation)
Monday, August 7 2017 - 12:00pm
FLT (FleetCor Technologies, Inc.)
Thursday, August 3 2017 - 9:00pm
WRLD (World Acceptance Corp.)
Thursday, August 3 2017 - 2:00pm
NSM (Nationstar Mortgage Holdings Inc.)
Thursday, August 3 2017 - 1:00pm
ICE (Intercontinental Exchange, Inc.)
Thursday, August 3 2017 - 12:30pm
PFSI (PennyMac Financial Services, Inc.)
Thursday, August 3 2017 - 12:00am
CSGS (CSG Systems International Inc.)
Wednesday, August 2 2017 - 9:00pm
ARCC (Ares Capital Corporation)
Wednesday, August 2 2017 - 4:00pm
OCN (Ocwen Financial Corp.)
Wednesday, August 2 2017 - 12:30pm
WD (Walker & Dunlop, Inc.)
Wednesday, August 2 2017 - 12:30pm

AlphaGraphics you may like