Latest Financial services News

CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise; Friday, 7/19/2024

Jul. 19, 2024 16:10 PM EDT

Stocks that traded heavily or had substantial price changes on Friday: CrowdStrike Holdings Inc. (CRWD), down $38.09 to $304.96. A global IT outage affecting flights and businesses appears to have been triggered by a faulty update sent from the cybersecurity company. ...

Citizens: Q2 Earnings Snapshot

Jul. 19, 2024 09:10 AM EDT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Citizens Holding Co. (CIZN) on Friday reported net income of $987,000 in its second quarter. The bank, based in Philadelphia, said it had earnings of 18 cents per share. The bank posted revenue of $19.2 million in the period....

Alpine Income: Q2 Earnings Snapshot

Jul. 18, 2024 16:24 PM EDT

WINTER PARK, Fla. (AP) — WINTER PARK, Fla. (AP) — Alpine Income Property Trust, Inc. (PINE) on Thursday reported a key measure of profitability in its second quarter. The results exceeded Wall Street expectations. The Winter Park, Florida-based real estate investment trust said...

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover

Jul. 18, 2024 10:47 AM EDT

NEW YORK (AP) — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Discover Financial. The plan is designed to appease federal bank regulators, who have been initially skeptical of approving the...

First Industrial Realty Trust: Q2 Earnings Snapshot

Jul. 17, 2024 16:33 PM EDT

CHICAGO (AP) — CHICAGO (AP) — First Industrial Realty Trust Inc. (FR) on Wednesday reported a key measure of profitability in its second quarter. The results beat Wall Street expectations. The Chicago-based real estate investment trust said it had funds from operations of $89.6...

Crown Castle: Q2 Earnings Snapshot

Jul. 17, 2024 16:24 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its second quarter. The results missed Wall Street expectations. The Houston-based real estate investment trust said it had funds from operations of $704...

Bank OZK: Q2 Earnings Snapshot

Jul. 17, 2024 16:11 PM EDT

LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Wednesday reported second-quarter profit of $177.5 million. The bank, based in Little Rock, Arkansas, said it had earnings of $1.52 per share. The results surpassed Wall Street expectations. The...

Pinnacle Financial: Q2 Earnings Snapshot

Jul. 16, 2024 18:23 PM EDT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Pinnacle Financial Partners Inc. (PNFP) on Tuesday reported second-quarter earnings of $53.2 million. The bank, based in Nashville, Tennessee, said it had earnings of 64 cents per share. Earnings, adjusted for one-time gains and...

Bank First Corporation: Q2 Earnings Snapshot

Jul. 16, 2024 16:39 PM EDT

MANITOWOC, Wis. (AP) — MANITOWOC, Wis. (AP) — Bank First Corporation (BFC) on Tuesday reported second-quarter net income of $16.1 million. The bank, based in Manitowoc, Wisconsin, said it had earnings of $1.59 per share. Earnings, adjusted for non-recurring gains, were $1.56 per...

Charles Schwab falls; Match Group, UnitedHealth rise, Tuesday, 7/16/2024

Jul. 16, 2024 16:09 PM EDT

Stocks that traded heavily or had substantial price changes on Tuesday: Charles Schwab Corp. (SCHW), down $7.64 to $67.43. The financial services firm met earnings forecasts but came up short in other metrics closely watched by Wall Street. Bank of...