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 ...
PNC Financial 4Q Revenue Increases as Fee Income, Net Interest Income Grow
PNC Financial Services reported higher revenue in its latest quarter driven by a jump in fee income and net interest income. The Pittsburgh bank logged net income of $1.63 billion, or $3.77 a share, ...
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 ...
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 ...
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 ...
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 ...
BNY quarterly profit beats estimates on higher fee income boost; shares jump
BNY beat profit estimates for the fourth quarter on Wednesday as it earned higher investment services fees from its clients, ...
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 ...
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 ...
10 States Making Big Changes to Income Tax Rates in 2025
Nine states reduced their tax rates effective Jan. 1, 2025, and one eliminated its income tax. Find out if you live in one of ...
How to Pay Taxes on Investment Income
Calculating taxes on investments involves downloading tax forms from your broker and grasping various investment tax rates.