Tag Archives: Earnings

Goldman Sachs released its earnings from Q1 2017. Overall, the bank reported revenues of $8.03 billion, and net earnings of $2.26 billion at the end of the quarter on March 31. However, the bank still failed to meet Wall Street expectations. Thomson Reuters had predicted Goldman Sachs share value to be $5.31 a share, and the actual value was $5.15 a share.

Both Citigroup and Bank of America recently released the 2016 earnings for their CEOs—with one receiving a compensation cut, while the other saw a boost thanks to a profitable year.

Like fellow GSE Freddie Mac earlier this week, Fannie Mae reported solid financial results for the third quarter. What factors drove the positive earnings for Fannie Mae?

Q3 was the first profitable quarter overall of 2016 for Nationstar Mortgage. What was the reason for the turnaround?

Freddie Mac's earnings sailed through some rough waters late last year and early this year. But there was no sign of that in Q3's earnings report.

Ocwen reported its first quarterly profit in more than a year. What was the reason for the turnaround?

The banking industry is currently facing steady headwinds, but that did not stop U.S. Bancorp from a profitable third quarter.

Bank of America managed to escape the fate that befell several other banks in the third quarter.

What was behind the year-over-year declines in profits that JPMorgan Chase, Citigroup, and PNC Financial Group all experienced in Q3?

The industry is preparing for the release of third quarter earnings statements for the country's largest banks this week.