$THG (The Hanover Insurance Group, Inc.)

$THG {{ '2016-09-23T10:48:47+0000' | timeago}} • Announcement

$THG announced that Jeffrey Farber has been appointed EVP and CFO and will be joining the company on Oct. 1, 2016 as EVP and Senior Finance Officer. Jeffrey Farber will assume the role of CFO on or about Nov. 4, 2016.

$CVS {{ '2017-10-18T15:07:12+0000' | timeago}} • Announcement

$CVS signed a five-year agreement with $ANTM to provide services to support  IngenioRx, effective Jan 1, 2020. Based on this CVS Caremark will manage certain services for IngenioRx.

$USB {{ '2017-10-18T13:27:05+0000' | timeago}} • Announcement

$USB's BoD elected Richard McKenney as a director of the company, effective immediately. McKenney is the president and CEO of Chattanooga, Tenn., based $UNM.

$UNM {{ '2017-10-16T20:53:52+0000' | timeago}} • Announcement

$UNM declared a quarterly dividend of $0.23 per share on its common stock to be paid on Nov 17, 2017, to stockholders as on Oct 30, 2017.

$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.

$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.

$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.

$C {{ '2017-10-12T20:07:00+0000' | timeago}} • Webcast

$C expects NII to see an additional growth of $500MM YoY in 4Q17. Through this, the company is roughly in line with its projection of $1Bil of NII growth in 2H17, as it has already achieved a growth of $450MM in 3Q17.

$C {{ '2017-10-12T19:56:21+0000' | timeago}} • Webcast

$C said its card business with retailer $COST has been highly successful. "We've continued to be able to grow account balances and we've seen continued growth in the purchases. So it's still looking like an absolute winner for us," the company said.

$C {{ '2017-10-12T18:55:34+0000' | timeago}} • Infographic

Though expected, banking giants $C and $JPM reported decline in trading revenues in 3Q17, hurt by tepid volatility in market. However, Citigroup displayed a slightly better performance, helped by growth in stock trading revenue.

$JPM {{ '2017-10-12T18:48:27+0000' | timeago}} • Webcast

As $JPM posted 3Q17 results, the financial giant expects next quarter’s markets revenues to be lower year-on-year.

$JPM {{ '2017-10-12T17:53:40+0000' | timeago}} • Webcast

As $JPM posted 3Q17 results, the banking giant announced, "from here, we expect the direction of travel for our CET 1 ratio to be lower over time."

$JPM {{ '2017-10-12T17:20:31+0000' | timeago}} • Infographic

$JPM JPMorgan Chase & Co. Earnings AlphaGraphics: Q3 2017 highlights

$ANTM {{ '2017-10-12T15:09:20+0000' | timeago}} • Announcement

$ANTM's local affiliate has entered into a build-to-suit agreement with Portman Holdings for the custom development of about 352,000 square-foot building located in the heart of Midtown Atlanta, which is already home to Anthem’s Innovation Studio. Construction is planned to begin in January 2018 with an expected completion in two years.

$C {{ '2017-10-12T14:10:59+0000' | timeago}} • Infographic

$C Citigroup Inc. Earnings AlphaGraphic: Q3 2017 Highlights

Recent Transcripts

TRV (The Travelers Companies, Inc.)
Thursday, October 19 2017 - 1:00pm
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
BAP (Credicorp Ltd.)
Tuesday, August 8 2017 - 2:30pm
PGR (Progressive Corp.)
Thursday, August 3 2017 - 2:00pm
THG (The Hanover Insurance Group, Inc.)
Thursday, August 3 2017 - 2:00pm
AIG (American International Group, Inc.)
Thursday, August 3 2017 - 1:00pm
TPRE (Third Point Reinsurance Ltd.)
Thursday, August 3 2017 - 12:30pm
ICE (Intercontinental Exchange, Inc.)
Thursday, August 3 2017 - 12:30pm
MET (MetLife, Inc.)
Thursday, August 3 2017 - 12:00pm
AMSF (Amerisafe, Inc.)
Friday, July 28 2017 - 2:30pm
VR (Validus Holdings, Ltd.)
Friday, July 28 2017 - 2:00pm
PFG (Principal Financial Group Inc.)
Friday, July 28 2017 - 2:00pm
UNM (Unum Group)
Friday, July 28 2017 - 12:00pm
KKR (KKR & Co LP)
Thursday, July 27 2017 - 2:00pm
XL (XL Group plc)
Wednesday, July 26 2017 - 9:00pm
RNR (RenaissanceRe Holdings Ltd.)
Wednesday, July 26 2017 - 2:00pm
BGCP (BGC Partners, Inc.)
Wednesday, July 26 2017 - 2:00pm

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