Browsing: earnings

Key insight: Nubank reported strong revenue growth and multiple one-time expenses in its Q4 and full-year earnings report.Supporting data: Nu Holding’s total credit portfolio expanded 40%…

Key insights: Shares of Klarna plummeted nearly 30% on Thursday following the company’s fourth-quarter earnings report despite posting revenue of more than $1 billion. The sell-off…

Key insights: Investors were encouraged by Global Payments’ fourth quarter earnings results – the first to include WorldPay post acquisition – but some analysts remained sceptical…

Key insight: Upstart is pivoting to secured loans like auto and home equity lines, a move analysts say will compress profit margins in the near term.Supporting…

Key insights: SoFi blew past analysts’ expectations on earnings and revenue in the fourth quarter, and was bullish on potential applications for new products involving cryptocurrency…

Key insight: Truist’s fourth-quarter earnings were hurt by $130 million in legal-related fees and $63 million in severance costs.What’s at stake: As part of the settlement…

Looking ahead: Chief Financial Officer John Stern says acquiring the BTIG investment bank should boost revenue by as much as $200 million a quarter. Key insight: Growth…

Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and equities trading. Here’s what the company reported:Earnings:…

Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts…

Key insight: M&T Chief Financial Officer Daryl Bible said the bank’s credit quality is the best it’s been in two decades.Why it matters: Reduced provision expenses…