Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it ...
Wells Fargo Pins Decline in Net Interest Income on Lower Rates
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12 ...
How to Pay Taxes on Investment Income
Calculating taxes on investments involves downloading tax forms from your broker and grasping various investment tax rates.
BNY stock climbs after Q4 earnings bolstered by net interest income, fee revenue
Bank of New York Mellon (NYSE:BK) shares jumped 6.5% in Wednesday morning trading after delivering stronger-than-expected Q4 ...
JPMorgan Net Interest Income Drops 3%
JPMorgan Chase on Wednesday reported fourth-quarter net interest income of $23.5 billion, down 3% from a year ago. That just ...
Big interest earnings from COVID grants were kept out of CT budget since 2021
The Treasurer’s Office did not properly move the interest earnings to CT’s General Fund until a few weeks ago, Lamont’s ...
Warren Buffett Is Set to Collect $4.5 Billion in Annual Dividend Income From 7 Magnificent Stocks
Despite Warren Buffett overseeing the sale of more than 266 million shares of Bank of America ( BAC -2.38%) stock since July ...
JPMorgan Chase's net interest income dips 3%
JPMorgan Chase said its fourth-quarter net interest income dropped by 3% of $23.35 billion. The consolidated bank's interest rate spread narrowed to 1.95% in the fourth quarter from 2.03% a year ...
6 Things You Need To Know About the High-Yield Interest You Earned This Year
The past few years have been banner years for earning interest on everything from high-yield savings accounts to CDs and ...
Here’s The Fed’s 2025 Meeting Schedule And What To Expect For Interest Rates
The Fed is expected to cut interest rates in 2025, perhaps two or three times, with greater uncertainty for the second half ...
Wells Fargo's net interest income falls 7% but beats estimates
Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ ...
BNY fourth-quarter profit rises on boost from higher fee income
BNY reported a 27% jump in its fourth-quarter profit on Wednesday as it earned higher investment services fees from its ...