Banking & Finance

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Why Ocwen May Have an Unsustainable Plan

Ocwen Financial Corp. (NYSE: OCN) is still fighting an uphill battle financially from the backdated foreclosure letters in 2014. The company still has not made a full recovery and shares ...
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7 Big Banks Trading Under Book Value

Now that most of the financial giants have reported their second quarter earnings, 24/7 Wall St. wanted to pay close attention to the bargain bin that may still attract the ...
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Visa Token

Visa Posts Strong Fiscal Third Quarter Earnings Beat

Visa Inc. (NYSE: V) released its fiscal third-quarter earnings report Thursday after the markets closed. The credit card issuer had $0.74 in earnings per share on $3.5 billion in revenue against ...
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What to Expect From Visa Earnings

Visa Inc. (NYSE: V) is scheduled to report earnings after the markets close on Thursday. The consensus estimates from Thomson Reuters call for $0.59 in earnings per share on $3.36 ...
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AmEx Earnings Fall But Beat Estimates

American Express Co. (NYSE: AXP) has released its second quarter earnings per share of $1.42, down from $1.43 per share a year ago. Revenues net of interest expense were down ...
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Citizens Financial Readies for Secondary and Debt Offerings

Citizens Financial Group Inc. (NYSE: CFG) has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for a secondary offering. No terms were given in the filing, ...
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Are Regions Financial Earnings Good Enough?

Regions Financial Corp. (NYSE: RF) reported its second-quarter financial results Tuesday before the markets opened. The company had $0.20 in earnings per share (EPS) on $1.41 billion in revenue, versus ...
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How Travelers Hammered Estimates

The Travelers Companies Inc. (NYSE: TRV) reported second-quarter 2015 results before markets opened Tuesday. The insurance provider reported diluted quarterly earnings per share (EPS) of $2.53 on revenues of $6.71 ...
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IPO

KKR Files to Bring First Data Corp. Public Again

First Data Corp. has filed paperwork with the U.S. Securities & Exchange Commission (SEC) to conduct its initial public offering (IPO). First Data is one of the top sector players ...
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initial public offering

SunGard Files for IPO

SunGard has filed an amended S-1 form with the U.S. Securities and Exchange Commission for its initial public offering (IPO). There were no terms given in the filing but the ...
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Morgan Stanley Earnings Ride Trading Revenues

Morgan Stanley (NYSE: MS) reported second-quarter 2015 results before markets opened Monday. The big bank reported adjusted diluted earnings per share (EPS) of $0.79 on revenue of $9.6 billion. In ...
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buy sell

Book Value Discounts Make Citi and BofA Outshine JPMorgan and Wells Fargo

Last week brought earnings reports from the big four money-center banking giants. What is so interesting about the industry is that the banks are more or less beyond the restrictions ...
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Credit Reporting Companies Top CFPB List of Consumer Complaints

The Consumer Financial Protection Bureau (CFPB) last week published its first Monthly Complaint Report, providing data the agency has collected regarding consumer complaints collected during the first four years of ...
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Will Banks Get Stress Test Relief?

It is less than a secret that banks are not the biggest fans of having to run stress tests under the current regulatory guidelines. Still, the great recession was not ...
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Synchrony Powers Through Earnings With New Partnerships

Synchrony Financial (NYSE: SYF) reported its second-quarter financial results before the markets opened Friday. The company had $0.65 in earnings per share (EPS) on $2.7 billion in revenue, which compared ...
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