WEST PALM BEACH, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that Aulene Wessel has been named Senior Vice President and Chief Accounting Officer, effective February 23, 2026. Ms. Wessel reports to Sean O’Neil, Executive Vice President and Chief Financial Officer of Onity. Ms. Wessel is responsible for providing strategic leadership of the controllership function, overseeing all core accounting operations, internal controls, technical acco ...

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Grupo Financiero Banorte SAB de CV (GBOOY) or American Express (AXP) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision ...

While Berkshire Hathaway's (NYSE: BRKA)(NYSE: BRKB) investment activity in Warren Buffett's final quarter as CEO is interesting, perhaps the most telling information from the conglomerate's latest 13-F filing is the significant size of the Oracle of Omaha's biggest positions upon his departure. Put another way, I'm more interested in what Buffett left Berkshire with than any trimming or adding of various stocks in his final quarter running the company's portfolio. After all, you can bet he took great care ...

Key Takeaways Mastercard posts 18% Q4 revenue growth, 57.7% operating margin and four straight earnings beats.AmEx grew Q4 revenue 10%, beat earnings thrice and missed once in the past four quarters.MA trades at 26.38X forward P/E versus AXP's 19.29X, reflecting investor confidence.The global payments landscape continues to expand as digital transactions displace cash and cross-border commerce grows. Two industry titans, Mastercard Incorporated (MA) and American Express Company (AXP) , remain central to tha ...

Core Viewpoint - The analyst reiterated a sell rating on American Express Company (AXP) at the end of August 2025, indicating concerns despite the company beating expectations in previous analyses [1]. Company Analysis - American Express Company (AXP) has shown performance that led to a sell rating, suggesting potential underlying issues that may not be immediately apparent [1].

Group 1 - Financial giants are showing a bearish sentiment towards American Express, with 50% of traders exhibiting bearish tendencies and only 29% being bullish [1] - A total of 34 unusual trades were identified, including 18 puts valued at $1,480,466 and 16 calls valued at $831,527 [1] - The major market movers are focusing on a price band between $250.0 and $430.0 for American Express over the last three months [2] Group 2 - Recent analysis of volume and open interest indicates significant liquidity and interest levels for American Express's options within the strike price range of $250.0 to $430.0 [3] - The current stock price of American Express is $343.17, reflecting a decrease of -3.06% with a trading volume of 2,251,844 [6] - The consensus target price from four market experts for American Express is set at $374.0 [5]

Summary of Ameriprise Financial Conference Call Company Overview - **Company**: Ameriprise Financial - **Core Businesses**: - Wealth management with over $1.1 trillion in assets under advisory - Global asset management platform with more than $700 billion in assets under management (AUM) - Insurance business [3][4] Key Points and Arguments Integrated Business Model - Ameriprise emphasizes its integrated business model that leverages capabilities across its three core businesses, contributing to its resilience and growth during various market cycles [4][5] Performance Metrics - Ameriprise has been the best-performing financial stock in the S&P 500 since its spin-off from American Express in 2005 [6][10] Market Sensitivity and Interest Rates - The company has reduced its reliance on short-term earnings to the lowest level possible, anticipating three Federal Reserve interest rate cuts in the current year [12] - Current off-balance sheet short-term cash is approximately $7 billion, with a duration of 3.8 years and an average earning rate of around 5% [12][13] Wealth Management Business - The wealth management business operates on a stewardship model focused on meeting client needs profitably and efficiently [14] - The bank has reached nearly $23 billion in assets, contributing to the profitability of the wealth management segment [15] Competitive Landscape - The competitive environment for financial advisors is described as aggressive, with increased pressure from independent broker-dealers (IBDs) and private equity firms [27][29] - Ameriprise is adjusting its value proposition to attract and retain advisors amidst competitive offers [19][20] Advisor Growth and Net New Assets - The company added 91 advisors last quarter and aims for continued growth, targeting a 4% increase in net new assets [21][22] - Ameriprise has the highest organic advisor growth in the industry, which is crucial for net new asset accumulation [21] General and Administrative Expenses - G&A expenses are expected to grow at a rate of 0%-2%, with a focus on re-engineering processes rather than just cost-cutting [26] Asset Management Business - The asset management segment is working towards positive net flows, with a focus on improving performance and launching new products [58][59] - Approximately 15%-17% of asset management activity is derived from the wealth management business, providing a competitive advantage [56] Insurance Business - The insurance segment has decreased in size but remains important for providing solution sets to clients [60][62] - The company has adjusted its risk profile and is focused on maintaining quality service without pursuing acquisitions in the insurance sector [63][64] Capital Management - Ameriprise has about $2 billion in excess capital and returned 88% of its capital to shareholders through dividends and buybacks in 2025 [66] - The company plans to opportunistically increase buybacks in favorable market conditions while continuing to invest in business growth [67][68] Additional Important Insights - The launch of Signature Wealth aims to enhance the integration of wealth management and asset management services, providing a seamless investment strategy for clients [44][46] - The recent partnership with Huntington Bank, involving $20 billion in assets and 260 financial advisors, highlights Ameriprise's competitive edge in expanding client relationships [49][50] - The company is actively managing its advisor recruitment and retention strategies to ensure competitiveness in a changing market landscape [19][20]

Core Insights - American Express Company (AXP) shares increased by 1.3% after the release of Q4 2025 results, despite earnings slightly missing expectations, driven by strong customer engagement and premium spending [1][11] Financial Performance - Q4 2025 earnings per share (EPS) were reported at $3.53, missing the Zacks Consensus Estimate by 0.3%, but reflecting a 16% year-over-year increase [4] - Total revenues for Q4 2025 reached $19 billion, a 10% year-over-year increase, exceeding consensus estimates by 0.8% [4] - U.S. Consumer Services segment pre-tax income was $1.6 billion, up 0.3% year-over-year, but fell short of estimates by 5.3% [5] - Global Merchant and Network Services segment pre-tax net income was $884 million, a 4% year-over-year increase, but missed the consensus estimate [5] - Commercial Services pre-tax income rose 3% to $837 million, beating estimates [6] - International Card Services pre-tax income surged to $316 million from $34 million a year ago, exceeding the consensus mark [6] Future Outlook - American Express projects 2026 revenues to increase between 9% and 10% from the 2025 level of $72.2 billion, with EPS expected in the range of $17.30-$17.90, indicating a 14.4% improvement from 2025 [7] - The Zacks Consensus Estimate for 2026 EPS is pegged at $17.51, signaling continued growth [7] Market Performance - Over the past year, AXP shares gained 17.3%, outperforming competitors Visa Inc. and Mastercard Incorporated, which saw declines of 6.5% and 4.3% respectively [9] Valuation Metrics - American Express trades at a forward P/E of 20.4X, above its five-year median of 17.3X and the industry average of 11.3X, indicating a valuation premium [13] - The stock currently trades about 6.3% below its 52-week high of $387.49 and below the Wall Street average price target of $375.22, suggesting a modest upside [12] Strategic Positioning - American Express differentiates itself through its integrated payments model, capturing a larger share of transaction economics compared to peers [15] - The company maintains strong credit quality with a provision for credit losses increasing just 1% year-over-year to $5.3 billion, reflecting stable borrower behavior [18] - AmEx is targeting affluent, experience-driven Gen Z and Millennial consumers to build a future customer base, aiming for sustained profitability [19] Financial Health - The company ended 2025 with $47.8 billion in cash and cash equivalents, providing flexibility for growth investments and shareholder returns [20] - During the year, AmEx deployed $5.3 billion toward share repurchases and distributed $2.3 billion in dividends [20]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - The American Express consumer is showing strong spending behavior, with billings growth accelerating in the second half of 2025 compared to the first half [1] Group 1: Consumer Spending Trends - Global consumer spending has been consistently strong throughout the year, ranging between 7% and 8% [2] - There was an uptick in spending in the second half of the year, indicating positive consumer confidence [2] - Travel and Entertainment spending has been particularly robust, with front-of-cabin spend increasing by 9% and lodging at luxury properties rising by 12% [2]