Browsing: expectations

Key insight: Even amid challenging conditions for the auto industry, Ally Financial posted third-quarter earnings that outpaced analysts’ estimates.Supporting Data: Ally’s earnings per share for the quarter…

UPDATE: This story now includes quotes from M&T’s chief financial officer and commentary from an analyst who covers the bank.M&T Bank outperformed second-quarter expectations, driven by…

David Paul Morris/Bloomberg Nearly every financial institution has been evaluating generative AI, and Affirm is no exception. CEO Max Levchin teased the buy now/pay later lender’s plans…

Online lending platform provider Upstart reported earnings that exceeded analysts’ forecasts for the first quarter, but analysts and investors seem concerned about the second quarter and…

WASHINGTON, DC – APRIL 30: (L-R) U.S. Secretary of State Marco Rubio, U.S. President Donald Trump, … More U.S. Secretary of Defense Pete Hegseth attend a…

Visa CEO Ryan McInerney said that consumers hadn’t yet tightened their purse strings amid widespread macroeconomic uncertainty but did say there was some softness in consumers’…

Huntington Bancshares CEO Steve Steinour said Thursday that the company came closer to “hitting on all cylinders” than at any time in his 15-year tenure. Bloomberg…

Retirement is often portrayed as a golden age of endless leisure, travel, and financial security. But life isn’t always going to go exactly as planned. Unrealistic…

Dave outperformed fourth quarter expectations for 2024, driven by an increase in members and loan originations. The neobank brought in $33 million in adjusted earnings before interest,…

The Wilmington, Delaware-based WSFS Financial beat analysts’ expectations with its fourth-quarter results despite turbulence in its ATM servicing business. WSFS Financial in Wilmington, Delaware, reported a…