Fifth Third Bancorp's (FITB) Q2 earnings witnessed higher net interest income and lower provisions. However, the positives were partly offset by lower fee income.
Citizens Financial Group, Inc. (CFG) reported growth in loan and deposit balances along with eased margin pressure in Q2 earnings.
KeyCorp's (KEY) Q2 earnings reflect continued synergies from the First Niagara deal. However, provisions increased in the quarter.
Zacks Industry Outlook Highlights: Comerica, State Street, BancFirst and BOK Financial
U.S. Banks Poised to Thrive Even Without Deregulation
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Comerica Incorporated (CMA) reported better-than expected results backed by higher revenues and reduced expenses.
(Reuters) - Regional bank holding company Comerica Inc reported a better-than expected quarterly profit, helped by higher net interest income and lower expenses.
Comerica Incorporated (CMA) came out with adjusted earnings per share of $1.15, easily beating the Zacks Consensus Estimate of $1.07.
Lower margin pressure and acquisitions of student loan portfolio will likely benefit Navient Corporation's (NAVI) top line.
U.S. Bancorp (USB) is scheduled to report second-quarter 2017 results on Jul 19, before the opening bell. While revenues and earnings are expected to grow year over year, we can't conclusively predict an earnings beat.
We expect fiscal third-quarter earnings of Visa Inc. (V) to gain traction from its digital initiatives.
Slump in trading activities and weak investment banking are expected to hurt Morgan Stanley's (MS) Q2 earnings.
Will cost reduction initiatives, capital return program, increase in loan lending and growth in international business drive American Express (AXP) toward an earnings beat in Q2?
TD Ameritrade Holding Corporation (AMTD) is expected to beat on earnings in the third-quarter fiscal 2017 results.
Citigroup Inc. (C) delivered a positive earnings surprise of 5.0% in second-quarter 2017, riding on higher revenues. The company's income from continuing operations per share of $1.27 for the quarter outpaced the Zacks Consensus Estimate of $1.21.
Higher interest income drove Wells Fargo & Company's (WFC) second-quarter 2017 earnings which recorded a positive surprise of about 4.9%. Earnings of $1.07 per share outpaced the Zacks Consensus Estimate of $1.02.