Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
April 23, 2025  |  Credit Cards

Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services, Discover Interim CEO and President Michael Shepherd said in a Wednesday...

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Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels
April 23, 2025  |  Digital-First Banking

In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across 11 countries crystallized the continued shift to banking online, especially through...

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Tesla Q1 Falls Far Short, Musk to Scale Back DOGE Involvement
Tesla Q1 Falls Far Short, Musk to Scale Back DOGE Involvement
April 22, 2025  |  Transportation

Tesla CEO Elon Musk said Tuesday (April 22) that the time he spends with the Department of Government Efficiency, or DOGE, will “drop significantly” starting...

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Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025  |  Banking

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an...

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Equifax: Data for Hiring and Mortgage Refis Drive Stronger-Than-Expected Growth
Equifax: Data for Hiring and Mortgage Refis Drive Stronger-Than-Expected Growth
April 22, 2025  |  Earnings

Demand for data used in hiring, consumer lending and mortgages drove growth that was stronger than expected in the first quarter at Equifax. The global data,...

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Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
April 22, 2025  |  Earnings

Synchrony Financial’s first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their...

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Corporate Lending and Spending in ‘Wait and See’ Mode Amid Tariff Uncertainty
Corporate Lending and Spending in ‘Wait and See’ Mode Amid Tariff Uncertainty
April 21, 2025  |  Earnings

Through the past few weeks, bank earnings and American Express’ latest results point to a commercial lending environment where demand is muted in real estate,...

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Earnings See Businesses Embrace Working Capital Flexibility as Growth Pauses
Earnings See Businesses Embrace Working Capital Flexibility as Growth Pauses
April 18, 2025  |  Earnings

U.S. reciprocal tariffs have upended global trade. Once fluid supply chains are now tangled with complexity, and the ripple effects are being felt across every...

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Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025  |  Banking

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop...

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