Earnings Report

Visa saw its 3Q profit climb 11%, thanks to an increase in credit-card transactions, but the company lowered its full-year revenue guidance.

Volatility has declined during a period of calmer markets, and trading revenue has suffered and the big banks as a result.

H&R Block's fourth-quarter earnings climbed 37%, as a later start to tax season boosted revenue.

Morgan Stanley impressed Wall Street with a stronger-than-expected 57% surge in first-quarter earnings as the bank enjoyed surprisingly strong growth in trading and wealth management.

Goldman Sachs logged a 10% slide in first-quarter earnings amid lower trading revenue, but the Wall Street heavyweight’s results still easily beat views.

PNC logged a stronger-than-expected 6.5% rise in first-quarter earnings as the regional lender benefited from declining expenses and lower provisions for credit losses.

The No. 2 U.S. bank posted a 1Q loss and recorded $6 billion in litigation expenses related to an FHFA settlement and other mortgage-related matters.

American Express reported a 12% increase in its first-quarter earnings, as the credit card giant benefited from increased spending by its members.

Charles Schwab beat the Street with a 58% leap in fiscal first-quarter earnings as the discount brokerage capitalized on record levels of trading and client assets.

Citigroup posted profits and revenues that came in well above Street views, sending shares of the No. 3 U.S. bank higher after the opening bell.

The bank posted a 14% uptick in first-quarter earnings, beating estimates as lower provisions for bad loans offset weakness at its mortgage business.

The bank posted far weaker-than-expected first-quarter earnings as trading revenues slumped and mortgage fees slumped sharply. 

Thomson Reuters swung to a deeper-than-expected loss in the fourth quarter due to charges tied to restructuring and shrinking revenue.

British banking giant Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers. 

Standard & Poor's owner McGraw Hill Financial posted a better-than-expected quarterly profit as it earned more from its financial information and indexes businesses.

MasterCard's fourth-quarter earnings rose 3% but missed Wall Street expectations, even as the credit card company saw a continued increase in cardholder spending.

General Electric's fourth-quarter earnings rose 4.8%, as strength in the conglomerate's industrial units overshadowed declines at GE Capital.

Goldman Sachs easily trumped Wall Street expectations in the fourth quarter even as fixed-income trading revenue slumped. 

American Express doubled its fourth-quarter profit amid continued strength in credit-card spending, although EPS missed estimates by a penny.

The second-largest U.S. bank, reported a huge increase in fourth-quarter profits, driven by a steep fall in provisions to cover bad loans.