Latest Financial services News
Popular: Q1 Earnings Snapshot
HATO REY, Puerto Rico (AP) — HATO REY, Puerto Rico (AP) — Popular Inc. (BPOP) on Tuesday reported first-quarter earnings of $102.9 million. The bank, based in Hato Rey, Puerto Rico, said it had earnings of $1.43 per share. Earnings, adjusted for non-recurring costs, were $1.87...
Preferred Bank: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Preferred Bank (PFBC) on Tuesday reported first-quarter earnings of $33.5 million. The bank, based in Los Angeles, said it had earnings of $2.44 per share. The results beat Wall Street expectations. The average estimate of four...
Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...
California reject bill to crackdown on how utilities spend customers' money
SACRAMENTO, Calif. (AP) — California lawmakers on Monday rejected a proposal aimed at cracking down on how some of the nation's largest utilities spend customers' money. California's investor-owned utilities can't use money from customers to pay for things like advertising their...
Pinnacle Financial: Q1 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Pinnacle Financial Partners Inc. (PNFP) on Monday reported first-quarter profit of $123.9 million. The Nashville, Tennessee-based bank said it had earnings of $1.57 per share. Earnings, adjusted for non-recurring gains, came to...
Cadence: Q1 Earnings Snapshot
TUPELO, Miss. (AP) — TUPELO, Miss. (AP) — Cadence Bank (CADE) on Monday reported first-quarter net income of $117 million. The Tupelo, Mississippi-based bank said it had earnings of 62 cents per share. The results topped Wall Street expectations. The average...
Equity Lifestyle Properties: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Equity Lifestyle Properties Inc. (ELS) on Monday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations. The Chicago-based real estate investment trust said it had funds from operations of $152.7...
Alexandria Real Estate Equities: Q1 Earnings Snapshot
PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Alexandria Real Estate Equities Inc. (ARE) on Monday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in Pasadena, California, said...
BCB Bancorp: Q1 Earnings Snapshot
BAYONNE, N.J. (AP) — BAYONNE, N.J. (AP) — BCB Bancorp Inc. (BCBP) on Friday reported first-quarter net income of $5.9 million. The Bayonne, New Jersey-based bank said it had earnings of 32 cents per share. The results fell short of Wall Street expectations. The...
C&F: Q1 Earnings Snapshot
TOANO, Va. (AP) — TOANO, Va. (AP) — C&F Financial Corp. (CFFI) on Friday reported first-quarter profit of $3.4 million. The Toano, Virginia-based bank said it had earnings of $1.01 per share. The bank posted revenue of $40.2 million in the period. Its revenue...
