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, analytics and technology company saw its first-quarter revenue come in at $37 million above the midpoint of the guidance it...
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 credit card debt. The net result is that consumers are proving to be responsible stewards of their credit even amid...
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, stronger in other sectors — and marked by strong credit quality. And though the snapshot of the quarter showed pockets...
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 corner of the business world, from procurement and logistics to pricing, profitability and working capital. As a result, the most...
UnitedHealth Group is downgrading its 2025 revenue forecast because of issues with its Medicare business. Speaking during a conference call Thursday (April 17) discussing first-quarter earnings, CEO Andrew Witty said the company began the year in two different ways. The first way was to provide...
If the general attitude of global business is based on economic uncertainty, American Express (Amex) never got that email. The company is greeting the balance of 2025 with optimism, even as many of its peers and the broader business community gird themselves for economic turbulence....
Fifth Third Bancorp executives highlighted their proactive management and the bank’s ability to navigate uncertain environments during a conference call Thursday (April 17) discussing first-quarter earnings. They said these qualities are especially relevant at times like the present, when potential tariffs could lead to any...
The banking landscape is in flux, and flux sometimes requires patience. That was the news delivered on Thursday’s (April 17) first-quarter 2025 earnings call for Truist, where executives stressed to investors that digital and payments transformation doesn’t always need to be disruptive to be effective....
U.S. Bancorp’s first-quarter earnings results showed strong credit quality, as consumer card delinquencies slipped year over year even with the current state of macroeconomic uncertainty. Management also pointed to the diversification of the bank’s revenue streams as a benefit in today’s operating environment, where U.S....
