JPMorgan Kicks Off 4Q Bank Earnings With a Beat
JPMorgan Chase saw its fourth quarter earnings slide 7% from 2012, as the biggest U.S. bank suffered a tumble in investment banking and trading income.
FDIC: Bank Profits Drop Amid Litigation Costs, Waning Mortgage Demand
Profits at U.S. banks fell 3.9% in the third quarter amid litigation costs and waning mortgage demand, according to the FDIC. It was the first quarterly decline since 2009.
MasterCard Profits Pop 14% on Higher Card Usage
MasterCard posted a stronger-than-expected 14% rise in quarterly profit as more people used cards to make payments.
AIG Reveals a 3Q Beat as Profits Jump 16%
Insurance giant AIG beat forecasts from analysts by posting a 16% jump in third-quarter profits. Shares ticked lower in late trading.
Third-Quarter Profits Flatline at Moody's as Structured Finance Revenue Dips
Moody's reported third-quarter earnings and revenue that missed expectations on Wall Street as the structured finance revenue declined.
Soaring Equities Revenue Propels Morgan Stanley to 3Q Beat
Morgan Stanley reported a 50% rise in quarterly revenue as higher income from equities sales, trading made up for fixed income business drop.
GE 3Q Profits Dip 8.6% on Charges, Slowdown at Finance Arm
The blue-chip conglomerate's profits were held back by slumping revenue at GE Capital and charges related to restructuring and M&A.
Bond Trading Slump Clouds Goldman's Mixed 3Q Report
Goldman's profits stalled out in 3Q as weak bond-trading volumes overshadowed tumbling expenses.
PNC's 3Q Profits Rise 8% on Stronger Credit Conditions, Loan Growth
The Pittsburgh-based bank capitalized on improving credit conditions and increased lending to top expectations in the third quarter.
Tumbling Credit Losses Spark Surging 3Q Profits at Bank of America
Bank of America swung to a profit from a year-earlier loss in the third quarter, beating Wall Street expectations as provisions for credit losses fell.
Wells Fargo 3Q Profit Climbs 13%
Wells Fargo's third-quarter net income climbed 13%, as lower provisions for bad loans overshadowed weaker results from the bank’s mortgage business.
JPMorgan Posts Red Ink on $9.2B in Legal Costs
JPMorgan reported its first loss during CEO Jamie Dimon's tenure, as the bank suffered under the weight of $9.2 billion in 3Q legal expenses.
FactSet's 4Q Profits Trail Views Despite Best Client Growth Since '06
Despite posting its best client growth since 2006, FactSet's earnings narrowly trailed forecasts
HSBC Slumps 5% on Disappointing 1H Results
Europe's largest bank revealed top and bottom-line results that trailed forecasts.
AIG Blows Away Estimates in 2Q, Brings Back Dividend
AIG weighed in with 2Q operating results that topped expectations, earning $1.12 a share. The company also unveiled a $1 billion stock buyback.
Spending Growth Powers 21% Jump in 2Q Profits at MasterCard
The card giant reported an 11% jump in processed transactions, outpacing a 5% rise in expenses.
State Street's 2Q Net Jumps 19% as Fee Revenue Rises
State Street's earnings beat was driven by higher servicing and management fees.
Morgan Stanley's 2Q Net Soars 66% as Trading Profits Jump
Morgan Stanley revealed adjusted quarterly profits and revenues that beat Wall Street's expectations. The news sent shares up more than 3%.
AmEx 2Q EPS Tops Expectations, Revenues Slightly Shy
American Express revealed 2Q earnings of $1.27 a share, topping expectations by a nickel. Revenues of $8.28 billion came in short of estimates.
Moody's Logs 1Q EPS Beat, Upgrades '13 Forecast
The ratings firm's earnings rose 8.6% as it continued to benefit from strong corporate-finance results.

















