Big bank earnings

UBS Group AG (NYSE:UBS) shares are trading lower on Wednesday. The Swiss bank reported first-quarter 2025 sales of $12.56 billion. This marked a 1% year-over-year decline and fell short of the $12.99 billion consensus estimate. Underlying revenues declined slightly Y/Y to...

HSBC Holdings, Plc. (NYSE:HSBC) shares traded higher on Tuesday after the company reported first-quarter results. Revenue decreased 13% year over year (Y/Y) to $17.6 billion due to business divestments, mainly in Canada and Argentina. Constant currency revenue, excluding notable...

American Express Co (NYSE:AXP) reported fiscal first-quarter 2025 results on Thursday. The stock price declined after the report. The company reported revenue (net of interest expense) growth of 7% year-on-year to $16.97 billion, topping the analyst consensus estimate of $16.94...

Citigroup Inc. (NYSE:C) reported on Tuesday that the first-quarter fiscal 2025 revenue growth was 3% year-over-year and was $21.6 billion, beating the analyst consensus of $21.29 billion. This growth was driven by each of the five interconnected businesses. Excluding divestiture-related...

Wells Fargo & Company (NYSE:WFC) reported a net income of $4.89 billion on Friday, up 6% year over year in the first quarter of 2025. The bank reported GAAP EPS of $1.39, beating the consensus of $1.34.  Revenue fell 3% year over year to $20.15 billion. Analysts expected $20...

Goldman Sachs Group Inc. (NYSE:GS) shares are trading higher on Monday after the company reported its first-quarter results. Revenue of $15.06 billion beat the consensus of $14.81 billion. Revenue increased by 6% year-over-year, reflecting growth in Global Banking...

On Friday, Morgan Stanley (NYSE:MS) reported a first-quarter 2025 EPS of $2.60, up from $2.02 a year ago and beating the consensus of $2.21. Net earnings increased to $4.16 billion from $3.14 billion. The U.S. bank reported first-quarter revenue of $17.74 billion, up 17% year over year,...

Bank of New York Mellon Corporation (NYSE:BK) shares are trading lower in Friday’s premarket session after the company reported its first-quarter 2025 results. The firm reported first-quarter adjusted earnings per share of $1.58 (+26% YoY), beating the street view of $1.51. Quarterly revenue...

Investment giant BlackRock, Inc. (NYSE:BLK) stock is trading higher after the company reported first-quarter 2025 results. Revenue grew 12% year over year (Y/Y) to $5.28 billion, missing the consensus of $5.60 billion.  Investment advisory, administration fees and...

JPMorgan Chase & Co. (NYSE:JPM) shares traded higher premarket after the company reported its first-quarter FY24 results, but they eventually gave up all the gains and traded in the red. Reported revenue rose 8% year-on-year (Y/Y) to $45.3 billion. Net revenue (...

Wells Fargo & Company (NYSE:WFC) reported a net income of $4.89 billion on Friday, up 6% year over year in the first quarter of 2025. The bank reported GAAP EPS of $1.39, beating the consensus of $1.34.  Revenue fell 3% year over year to $20.15 billion. Analysts expected $20.75...

State Street Corporation (NYSE:STT) shares are trading lower on Friday. The company reported fourth quarter adjusted earnings per share of $2.60, beating the street view of $2.43. Quarterly sales of $3.412 billion (+12%) outpaced the analyst consensus estimate of $3.320 billion. The total provision...

On Thursday, Morgan Stanley (NYSE:MS) reported a fourth-quarter adjusted EPS of $2.22, up from $0.85 a year ago and beating the consensus of $1.70. Net earnings more than doubled from $1.52 billion to $3.7 billion. The U.S. bank reported fourth-quarter revenue of $16.22 billion, up...

U.S. Bancorp (NYSE:USB) shares are trading lower in the premarket session on Thursday. The company reported fourth quarter adjusted earnings per share of $1.07, beating the street view of $1.05. Quarterly sales of $6.98 billion marginally missed the analyst consensus estimate of $6.996 billion. The...

Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue, net of interest expense, increased 15.0% year over year to $25.35 billion, beating...