Browsing: revenue
Key insight: Bank of America is directly connecting increased revenue and decreased cost to AI.What’s at stake: Operational costs and…
Key insights: Block’s stock fell 11% in afterhours trading on Thursday after the fintech missed Wall Street’s earnings estimates. What’s at…
Key insight: ChimeCore migration and Chime Card rollout is shifting the neobank’s revenue toward interchange fees.Supporting data: Q3 revenue $543.5…
Key insights: Visa had a “better than expected” fiscal fourth quarter and said it expected that momentum to carry through…
Bread Financial added two new home goods retailers to its credit card portfolio in the third quarter as the issuer…
Key insights: JPMorgan Payments logged record revenues of $4.9 billion in the third quarter, a 14% year-over-year increase. Excluding the…
Key insight: Bank of New York Mellon reported a strong third quarter, aided by higher net interest income and the…
Key insight: PNC hit or beat expectations across the board for its third quarter financial results.What’s at stake: After years…
What’s at stake: On average, U.S. businesses reported losing the equivalent of 9.8% of their revenue to fraud over the…
Affirm’s stock soared Friday on the heels of better-than-expected fiscal earnings that saw the buy now/pay later hit its highly…