The PNC Financial Services Group (NYSE:PNC) reported what Chairman and CEO Bill Demchak called an “impressive” second quarter, with management pointing to broad-based business momentum, stronger fee income, continued commercial loan growth and stable credit quality.
PNC generated second-quarter net
Citigroup (NYSE:C) reported a stronger second quarter of 2026, with management pointing to broad-based revenue growth, improved returns and continued capital returns, while cautioning that second-half results could be affected by normal seasonality and a deliberate increase in investment spending.
Wells Fargo & Company (NYSE:WFC) reported stronger second-quarter 2026 results, with executives pointing to broad-based revenue growth, disciplined expenses, improved credit performance and balance sheet growth following the removal of the company’s asset cap last year.
Chief Executive Officer
Bank of America (NYSE:BAC) reported broad-based second-quarter growth, with management pointing to stronger net interest income, fee revenue, client activity and operating leverage across each of its business segments.
CEO Brian Moynihan said the bank generated revenue of $31.6 billion, up 15% from
JPMorgan Chase & Co. (NYSE:JPM) reported second-quarter 2026 net income of $16.9 billion, earnings per share of $6.14 and a return on tangible common equity of 23%, Chief Financial Officer Jeremy Barnum said on the bank’s earnings call.
Excluding significant items noted in the company’s present
Big banks are reportedly weighing a $15 billion bid for Fiserv's STAR debit network to bypass Durbin fee caps, as Visa and Mastercard face settlement costs and stablecoin competition.
Shareholders of Fiserv would probably like to forget the past six months even happened. The stock has dropped 23.9% and now trades at a new 52-week low of $5...
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Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment proc...
What Happened? Shares of financial technology provider Fiserv (NASDAQ:FISV) jumped 2.9% in the afternoon session after the company announced a cash tender of...
