Since the Great Recession ended in 2009, growth stocks have been virtually unstoppable. The combination of historically low lending rates and an accommodative central bank has rolled out the red carpet for fast-paced businesses to borrow at...
Image source: The Motley Fool.First Bank (NASDAQ: FRBA)Q3 2021 Earnings CallOct 27, 2021, 9:00 a.m. ETPatrick L. Ryan -- President, Chief Executive OfficerContinue reading
Related topics: Nasdaq, US Equity Markets
Happy Wednesday and welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. Subscribe here: thehill.com/newsletter-signup.Today’s Big Deal: Uncertainty clouds the future of the Democratic tax...
Related topics: Taxes
In June, PNC Financial Services Group (NYSE: PNC) closed on its acquisition of Banco Bilbao Vizcaya Argentari's U.S. banking operations. Then, during the third quarter, PNC completed the conversion, bringing all those operations onto its platform...
Related topics: US Equity Markets
Loonie Soars After Bank of Canada Ends QE Early, Accelerates Rate Hike Timing To Mid-2022
Another day, another hawkish surprise from a developed central bank.
While nobody expected the Bank of Canada to hike rates today despite...
Related topics: Canada
Central Pacific Bank announced Tuesday a series of promotions for its leadership team effective Jan. 1, 2022.
Catherine Ngo, the president of CPB and parent company Central Pacific Financial Corp. (NYSE: CPF), was elevated to vice president of both...
Related topics: US Equity Markets
Image source: The Motley Fool.BancorpSouth Bank (NYSE: BXS)Q3 2021 Earnings CallOct 26, 2021, 11:00 a.m. ETOperatorContinue reading
Related topics: US Equity Markets
Democrat Senator Joe Manchin (WV) on Tuesday said Biden’s plan to allow the IRS to snoop on bank transactions will not end up in the final spending bill.
Manchin made the remarks at The Economic Club of Washington, DC.
“I said, ‘Do you...
Related topics: Joe Biden, IRS
The S&P 500 and the Dow hit new highs to start the final week of October amid a solid early third quarter earnings season, with everyone from banking giants to tech firms posting stronger-than-projected financial results. The Nasdaq now has its...
Related topics: Nasdaq, US Equity Markets
The Biden administration is backing down on its plan to allow the IRS to monitor bank accounts with a total yearly deposit or withdrawal of more than $600, proposing a revised version with a $10,000 cut-off instead. But the numerical value behind...
Related topics: Glenn Beck, Joe Biden, IRS
Facebook CEO Mark Zuckerberg.
Glenn Chapmann/AFP via Getty Images
Facebook stock holds 22% upside potential to $400, said Bank of America in a research note Tuesday.
The company's investment in its metaverse project should contribute to...
Related topics: Facebook, Social Media, Bank Of America, Mark Zuckerberg
Sen. Joe Manchin (D-W.Va.) on Tuesday criticized a proposal to increase the amount of information the IRS receives about bank accounts, saying he thinks it is unlikely to be included in Democrats' social spending package."I think that one's going...
Related topics: IRS
Business Warrior has announced it is offering $5 million to small business owners that are having a hard time getting loans from traditional banks. The company will provide loans from $5,000 to $50,000 without the exorbitant rates cash advance...
Bank of New York Mellon (NYSE: BK) continues a solid 2021 with third-quarter beats on the top and bottom lines. Motley Fool contributor Asit Sharma analyzes those stories and Walmart's (NYSE: WMT) potential for earnings growth.To catch full...
Related topics: Wal-Mart Stores, Costco Wholesale, US Equity Markets
Image source: The Motley Fool.Independent Bank Group Inc (NASDAQ: IBTX)Q3 2021 Earnings CallOct 26, 2021, 8:30 a.m. ETOperatorContinue reading
Related topics: Nasdaq, US Equity Markets
Independent Bank (IBCP) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This...
Related topics: Earnings Per Share
Investors interested in Banks - Foreign stocks are likely familiar with Mizuho (MFG) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find...
Katy Ingle, head of diversity and inclusion EMEA, Bank of America.
Bank of America.
Insider asked Bank of America exec Katy Ingle what question she asks during job interviews.
Ingle said she is very focused on what "initiative" an...
Related topics: Bank Of America
The Federal Reserve is attempting to tamp down two significant challenges to its credibility as both its handling of inflation and internal ethics face growing scrutiny. The central bank is quickly moving to address a scandal involving stock...
Related topics: Fed, Inflation
Independent Bank Group (IBTX) came out with quarterly earnings of $1.22 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring...
Related topics: Earnings Per Share