Bank Earnings

European stocks rebound after bullish earnings and chip M&A activity

By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Thursday after one of the worst sellers of this year, as strong results and merger talks in the chip sector helped investors overcome inflation concerns. The pan-European STOXX 600 index rose 1.3% after losing 1.5% in the previous …

Read More »

Stock analysts release forecast for Bank of Nova Scotia second quarter 2021 earnings (TSE: BNS)

The Bank of Nova Scotia (TSE: BNS) (NYSE: BNS) – Desjardins stock analysts increased their estimates of second quarter 2021 earnings per share for the Bank of Nova Scotia in a report released on Wednesday, May 12 . Desjardins analyst D. Young now expects the bank to earn $ 1.63 …

Read More »

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 »