Earnings

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

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...

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

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...

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

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...

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

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...

Earnings
UnitedHealth: Medicare Issues Fueled ‘Unusual and Unacceptable’ Earnings
April 17, 2025

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...

Earnings
Amex Projects Resilient Consumer Demand, Anchored by Gen Z and Millennial Growth
April 17, 2025

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....

Earnings
Fifth Third Bancorp: Diversification Aids Resilience Amid Tariff-Driven Uncertainty
April 17, 2025

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...

Earnings
Truist Says 80% of Transactions Self-Service as Mobile Banking Surges
April 17, 2025

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....

Earnings
U.S. Bancorp Says Card Delinquencies Improve, Eyes ‘Money Movement’ Growth
April 16, 2025

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....