CA
NZ
UK
AU
IND
US
• U.S. Bancorp grew average loans 7.1% year on year almost entirely organically, while PNC grew 13%, helped by its FirstBank acquisition.
• Visa's netRevenuerose 14% to $11.6 billion and Mastercard's rose 14% to $9.3 billion in their most recent quarters, both S&P 500 Financials constituents.
• Wells Fargo's net interest income rose 5% to $12.3 billion while itsMarginfell to 2.43% from 2.68% a year earlier.
• State Street's AUC/A reached $57.9 trillion with 18% servicing fee growth, while Northern Trust's AUC/A hit $20.0 trillion with 10% fee growth.
• Truist and Fifth Third both paid about 2.1% on interest-bearing deposits, yet Fifth Third's net interestMarginwidened to 3.36% while Truist's fell to 2.98%.
• Schwab's net interestRevenuerose 19% to $3.36 billion, about 47% of total revenue, while Interactive Brokers' net interest income rose 23% to $1.06 billion, about 56% of its revenue.
• Robinhood's totalRevenuerose 32% to $1.31 billion asEquityandOptionstrading surged, whileCryptocurrencyrevenue fell 38% to $100 million.
• JPMorgan's deposit growth was led by wholesale clients, up 11%, while Bank of America leaned on retail, adding 160,000+ new checking accounts.
• Citizens' net charge-off ratio fell to 0.37% with nonaccrual loans declining, while KeyCorp's nonperforming loans rose to 0.73% of loans from 0.62%.
• MetLife's Retirement and Income Solutions adjustedEarningsrose just 2% to $377 million despite premiums excluding pension risk transfer rising 19%.
Please wait processing your request...