Financial Stocks

Top rising fintech stocks to explore

 Top rising fintech stocks to explore

Highlights Paypal Holdings, Inc. (NASDAQ: PYPL) revenue surged 13% YoY in Q3, FY21. Visa Inc. (V) revenue rose 29% YoY in Q4, FY21. Sea Limited (NYSE: SE) expects its GAAP revenue to be between US$5 billion and US$5.2 billion for full fiscal 2...

Read More...
PayPal (PYPL) revises guidance after Q3 revenue soars

PayPal (PYPL) revises guidance after Q3 revenue soars

Highlights PayPal added 13.3 million net new active accounts, taking the total to 416 million active accounts in the quarter. Its total payment volume was US$310 billion, up 26% YoY. The company expects its net revenue to increase between US$6....

Read More...
Loews Corp (L), Franklin’s (BEN) quarterly profits surge

Loews Corp (L), Franklin’s (BEN) quarterly profits surge

Highlights Loews Corporation (NYSE: L) reported a net income of US$220 million in Q3, FY21. Franklin Resources, Inc’s (NYSE: BEN) operating revenue rose 28% YoY in Q4, FY21. For full fiscal 2021, Franklin’s operating revenue rose b...

Read More...
Are these 7 digital payment stocks primed for online shopping boom?

Are these 7 digital payment stocks primed for online shopping boom?

Fintech companies offer products and services like digital payment processing, digital banking, financial software, and customer questions. The sector saw robust growth during the pandemic as these companies eliminated the need for physically ...

Read More...
Charles Schwab (SCHW), Goldman Sachs (GS) profits soar in Q3

Charles Schwab (SCHW), Goldman Sachs (GS) profits soar in Q3

Highlights The Dow Jones US Banks Index (DJUSBK) generated a 38.11 return YTD.  Charles Schwab Corporation (NYSE: SCHW) posted revenue of US$4.57 billion, up 87% YoY. Its net income grew 119% YoY. Goldman Sachs Group, Inc. (NYSE: GS) reve...

Read More...
Citigroup net income jumps 48%, revenue declines 1%

Citigroup net income jumps 48%, revenue declines 1%

Highlights Citigroup, Inc. (NYSE: C) revenue declined 1% YoY to US$17.2 billion in the third quarter. The net income surged 48% increase YoY to US$4.6 billion in the quarter. Citigroup (C) stock gave around 17% return YTD.  Glob...

Read More...
Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates

Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates

Highlights Wells Fargo Company (NYSE: WFC) revenue declined 2% YoY to US$18.83 billion in Q3. Morgan Stanley’s (NYSE: MS) revenue rose 26% YoY to US$14.8 billion in Q3. WFC stock gained 55%, while the MS stock jumped 44% YTD. Stocks...

Read More...
Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%  

Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%  

Bank of America Corporation (NYSE: BAC) on Thursday reported strong third-quarter performance, boosted by robust merger and acquisition activities and growth in loan and lease segments. The company said that these activities, along with higher spe...

Read More...
JP Morgan (JPM), BlackRock (BLK) post better-than-expected Q3 profits

JP Morgan (JPM), BlackRock (BLK) post better-than-expected Q3 profits

Highlights The Morgan Chase & Co’s (NYSE: JPM) net revenue rose 1% YoY in Q3, FY21. The revenue of BlackRock, Inc. (NYSE: BLK) surged 16% YoY in Q3, FY21. BLK’s profit was US$10.89 per diluted share in Q3, FY21, topping analyst...

Read More...
Q3 Earnings Snapshot: Pinnacle’s (PNFP) net income jumps to US$136.5 Mn

Q3 Earnings Snapshot: Pinnacle’s (PNFP) net income jumps to US$136.5 Mn

Highlights Pinnacle Financial Partners Inc’s (NASDAQ: PNFP) third-quarter net income was US$136.57 million compared to US$110,64 million in the same period of 2020. Its net interest income for the quarter was US$237.5 million versus US$20...

Read More...
HubSpot (HUBS) stock steals the show after launching payments platform

HubSpot (HUBS) stock steals the show after launching payments platform

Highlights HubSpot, Inc. (NYSE: HUBS) launched a new end-to-end payment solution, called HubSpot Payments. HubSpot is partnering with Stripe to help power the HubSpot Payments. HUBS was founded in 2006. The stock gained 138% in one year. ...

Read More...