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Wells Fargo profit slumps on higher loan loss reserves, mortgage weakness
Reuters via Yahoo News· 2 years agoThe company bolstered its loan loss reserves by setting aside $580 million in the second quarter,...
CapFed tells investors the Fed's interest rate hikes are eating into Kansas bank's profits
The Topeka Capital-Journal via Yahoo Finance· 10 months agoAs the Federal Reserve again raised interest rates, Capitol Federal told investors that rate hikes...
Brazilian digital bank C6 records first ever quarterly profit
Retail Banker International via Yahoo Finance· 1 month agoC6 Bank has posted its first ever quarterly profit, less than five years after the bank launched in...
Opendoor Technologies: Where Will the Stock Be in 2025?
Motley Fool via Yahoo Finance· 4 months agoThe residential real estate market tightened up in 2022 and 2023. Many homeowners -- sitting on...
'Not the time to get greedy': Home flippers getting burned by the housing market downturn are now...
MoneyWise via Yahoo Finance· 1 year agoHome flippers who pounced on recent drops in home prices now face some major hurdles — and...
SOHU's Q2 Earnings and Revenues Beat Estimates, Down Y/Y
Zacks via Yahoo Finance· 2 years agoSohu.com Limited SOHU reported relatively soft second-quarter 2022 results with a year-over-year...
Lenders are still losing money on each home loan
The Hill via Yahoo News· 1 year agoMortgage lenders again lost money on each loan originated in the first quarter of the year, after recording record losses in the last quarter of 2022,...
BMO, Scotiabank miss profit estimates as bad loan provisions, costs rise
Reuters via Yahoo Finance· 9 months agoBank of Montreal and Bank of Nova Scotia, Canada's third and fourth largest banks, missed analysts'...
Commerzbank profit drops; shares tumble as 2024 forecasts disappoint
Reuters via Yahoo Finance· 2 years agoFRANKFURT (Reuters) -Germany's Commerzbank said on Wednesday its net profit fell by 52% in the third...
Zacks Industry Outlook Highlights Citizens Community, First Savings Financial and Provident...
Zacks via Yahoo Finance· 7 months agoFor Immediate Release Chicago, IL – November 20, 2023 – Today, Zacks Equity Research discusses...