Latest Financial services News

First Merchants: Q1 Earnings Snapshot

Apr. 25, 2024 08:21 AM EDT

MUNCIE, Ind. (AP) — MUNCIE, Ind. (AP) — First Merchants Corp. (FRME) on Thursday reported first-quarter earnings of $47.9 million. The bank, based in Muncie, Indiana, said it had earnings of 80 cents per share. Earnings, adjusted for one-time gains and costs, were 85 cents per...

First Citizens: Q1 Earnings Snapshot

Apr. 25, 2024 06:48 AM EDT

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — First Citizens BancShares Inc. (FCNCA) on Thursday reported first-quarter profit of $731 million. The Raleigh, North Carolina-based bank said it had earnings of $49.26 per share. Earnings, adjusted for non-recurring costs, were $52.92 per...

Stock market today: Asian benchmarks mostly slide as investors focus on earnings

Apr. 25, 2024 00:04 AM EDT

TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 1.4% in morning trading to 37,931.81. South Korea's Kospi...

Moelis: Q1 Earnings Snapshot

Apr. 24, 2024 17:10 PM EDT

NEW YORK (AP) — NEW YORK (AP) — Moelis & Co. (MC) on Wednesday reported first-quarter profit of $16.6 million. The New York-based company said it had earnings of 22 cents per share. The results topped Wall Street expectations. The average estimate of four...

Empire State Realty Trust: Q1 Earnings Snapshot

Apr. 24, 2024 17:07 PM EDT

NEW YORK (AP) — NEW YORK (AP) — Empire State Realty Trust Inc. (ESRT) on Wednesday reported a key measure of profitability in its first quarter. The New York-based real estate investment trust said it had funds from operations of $56.5 million, or 21 cents per share, in the...

Essential Properties: Q1 Earnings Snapshot

Apr. 24, 2024 17:04 PM EDT

PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Essential Properties Realty Trust, Inc. (EPRT) on Wednesday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations. The real estate investment trust, based in Princeton, New...

Independence Realty Trust: Q1 Earnings Snapshot

Apr. 24, 2024 17:04 PM EDT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Independence Realty Trust Inc. (IRT) on Wednesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Philadelphia, said it had funds from operations of $61.5 million, or 27 cents per...

First Internet: Q1 Earnings Snapshot

Apr. 24, 2024 17:04 PM EDT

FISHERS, Ind. (AP) — FISHERS, Ind. (AP) — First Internet Bancorp (INBK) on Wednesday reported net income of $5.2 million in its first quarter. The Fishers, Indiana-based bank said it had earnings of 59 cents per share. The internet bank posted revenue of $76.5...

Veris: Q1 Earnings Snapshot

Apr. 24, 2024 17:04 PM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Veris Residential, Inc. (VRE) on Wednesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Jersey City, New Jersey, said it...

Universal Health Realty: Q1 Earnings Snapshot

Apr. 24, 2024 16:41 PM EDT

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Wednesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from...