Tag Archives: Revenue

Charlie Scharf, CEO of Wells Fargo, said he was “extremely disappointed” in the quarter. Click through for more information.

Total Expert has added three senior management positions on the heels of an exponential increase in its three-year revenue growth.

The results of JPMorgan Chase, Wells Fargo, and Citi reflected a subdued Q4. Click through to learn how their numbers stacked up and the factors that affected their earnings estimates.

Net earnings attributable to Black Knight of $43 million, or $0.29 per diluted share, increased 38 percent during the quarter.

A recent research examined how much revenue a state government could generate by levying charges similar to property tax surcharge on luxury homes. Click through to read the findings and which state stood to benefit the most from such a tax.

Growing consumer activity and a solid U.S. economy spurred a record growth in earnings for Bank of America in the first quarter of 2018, that exceeded market expectations. How did it’s lending business perform? Click through to learn more.

Flagstar Bank is seeing growth across its mortgage service lines, according to the Q1 2017 earnings report released by the bank on Wednesday. Flagstar’s commercial real estate loans jumped 11 percent from Q1 2016 and 58 from Q4 2016. The bank’s mortgage revenues are also up, rising 19 percent for the quarter.

At the end of Q1 2017, M&T bank reported a mortgage banking revenue of $85 million, a $3 million increase from Q1 2016, but a decrease from Q4 2016’s $98 million. The bank’s real estate and other foreclosed assets dropped from $188 million to $119 million year-over-year, and quarterly from $139 million.

Wells Fargo and Bank of America posted strong 2015 third quarter financial results, with net incomes reaching $5.8 billion and $4.5 billion, respectively.

JPMorgan Chase, one of the nations largest lenders, announced that their 2015 third quarter net income reached $6.8 billion, or $1.68 a share, up 22 percent year-over-year, according to the bank's earnings statement released Tuesday.