Topic
Latest reporting and analysis tagged with bank earnings.
PNC Financial Services reported $7 billion net income for 2025 and $2 billion for Q4, closed its First Bank acquisition, and provided 2026 guidance including 8% loan growth and increased buybacks.
US stocks gave up early gains Friday as Trump's comments on the next Fed chair weighed on markets. The Nasdaq and S&P 500 turned negative, while bank earnings and geopolitical tensions capped a volatile week.
Major financial institutions reported Q4 earnings with mixed results. Bank of America's wealth unit saw record income, but Wells Fargo and JPMorgan stocks fell. Executives emphasized focus on wealth management growth.
US stocks rose Thursday, recovering from losses as TSMC's strong AI outlook boosted chip stocks and bank shares rallied on earnings reports. Oil and silver prices fell amid geopolitical developments.
Major US banks reported Q4 2025 earnings this week, with stocks falling over policy risks like a proposed credit card rate cap. Executives warned the cap would harm consumers and the economy.
US stocks fell Wednesday as investors weighed bank earnings and economic data while monitoring potential US action against Iran. Tech stocks led declines, and precious metals hit record highs.
US stock futures fell Wednesday as investors monitored bank earnings, inflation data, and rising tensions with Iran. Oil and precious metals climbed.
US stock futures fell Wednesday as investors monitored bank earnings, inflation data, and rising US-Iran tensions. Oil prices climbed, and precious metals hit records.
US stock futures remained flat Wednesday as investors awaited major bank earnings and a Supreme Court decision on tariffs, following a session that pulled indexes from record highs.