Browsing: quarter

Forward look: Huntington boosted its 2025 financial performance estimates, moving forecasts for loan and deposit growth, along with spread and fee income, to the higher end…

Bottom line: A double-digit spike in fee revenue at U.S. Bancorp pushed third-quarter net income to $2.0 billion.Expert quote: “We’re feeling very good about the momentum…

Key Insight: Goldman Sachs CEO David Solomon says clients are moving forward with long-term business decisions, including mergers, now that U.S. trade policy has become stabler…

Amanda Andrade-Rhoades/Bloomberg U.S. banks reported slightly weaker earnings in the second quarter of 2025 as rising provision expenses from the Capital One-Discover merger in June weighed…

By Ritika Dubey It shows 1.4 million Canadians missed a credit payment in the second quarter. While that’s up by 118,000 compared with the same time…

Online lending platform Upstart Holdings became profitable again due to higher loan origination volumes. At the same time, the company has been investing in AI and…

Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.Balances rose by $27…

Sallie Mae’s earnings took a dive in the second quarter, dented by a large increase in its provisions for credit losses. But thanks to recent legislation,…

UPDATE: This article includes an interview with Ally CFO Russ Hutchinson, another with Truist analyst Brian Foran, and quotes from Ally’s second quarter earnings call.Ally Financial…

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…