Bank Earnings

Malvern Bancorp (MLVF) Top Q2 earnings estimates

Malvern Bancorp (MLVF) came out with quarterly profit of $ 0.30 per share, beating Zacks’ consensus estimate of $ 0.19 per share. This compares to a profit of $ 0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a surprise profit of …

Read More »

BMTX) to Announce First Quarter 2021 Results and Host Webcast

TipRanks 3 Monster Growth stocks still undervalued A poor jobs report didn’t derail the markets last week. New jobs in April totaled just 266,000, well below the expected 978,000, and the official unemployment rate, which was expected to hit 5.8%, actually edged up to 6.1%. Even so, the technology-weighted NASDAQ …

Read More »

IDFC First Bank Q4 Results: Profit climbs 78% to Rs 128 crore

NEW DELHI: Saturday reported a 78 percent rise in net profit to Rs 128 crore for the fourth quarter ended March 2021. The private sector lender reported profit of Rs 72 crore in the corresponding quarter from January to March one year ago. Total income in the fourth quarter rose …

Read More »

OCBC’s first quarter profit more than doubled to record $ 1.5 billion, Bank News and Top Stories

SINGAPORE – OCBC beat market expectations on Friday, May 7, as its first quarter profit more than doubled thanks to strong performance in its wealth management and insurance businesses and lower bad debt provisions. Singapore’s second-largest local bank net profit hit a quarterly high of $ 1.5 billion for the …

Read More »

HSBC reports first quarter 2021 results

Pedestrians wearing protective masks walk past a logo displayed at a branch of HSBC bank in the central district of Hong Kong. Roy Liu | Bloomberg | Getty Images HSBC, Europe’s largest lender by assets, reported first quarter pre-tax profits higher than estimates, but recorded lower revenues. The London-based bank, …

Read More »

Largest bank in Tennessee sees profits and shares increase following merger with largest bank in Louisiana

Tennessee’s largest bank is reaping the rewards of its merger with Louisiana’s largest bank last summer to boost first-quarter operating profits, revenues and share price. The First Horizon Bank on Wednesday reported quarterly earnings of 51 cents per share, beating the consensus estimate of Wall Street analysts to 37 cents …

Read More »

Northeast Bancorp (NASDAQ: NBN) – Northeast Bank: Third Quarter Results Snapshot

Actions of North-east shore (NASDAQ: NBN) was unchanged after the company’s third quarter earnings release. Quarterly results Earnings per share rose 523.81% over the past year to $ 1.31, beating the estimate of $ 0.21. Revenues of $ 58,072,000 up 238.00% from the same period last year, which exceeded the …

Read More »

S&P 500, Financials, Bond ETF Flows After Strong First Quarter Bank Profits

S&P 500, Financials, Bond Fund Flows Talking Points: The S&P 500 retreated from its all-time highs, but is higher again on Wednesday. XLF Financials ETF shows little reaction to strong bank earnings. Treasury ETFs have seen an increase in inflows in recent days. S&P 500, Financials, Bond ETF Flows After …

Read More »