Key Takeaways BK's Q2 adjusted EPS rose 28% to $1.94, beating estimates on strong fee income and net interest gains. Revenues climbed 9% to $5.03B, with fee income up 7% and NII up 17% from continued securities reinvestment. AUC/A rose 13% to $55.8T and AUM grew 3% to $2.11T, while expenses climbed 4%.The Bank of New York Mellon Corporation’s (BK)  second-quarter 2025 adjusted earnings of $1.94 per share surpassed the Zacks Consensus Estimate of $1.74. Also, the bottom line reflected a jump of 28% from th ...

RT Buy Side from WSJ (@BuySideWSJ)Understanding the latest trends in student loan interest rates.https://t.co/8AiOar12j3 ...

Let's bring in former Fed Governor Randy Crosner. Talk about Randy. Maybe the data first.A lot of the coverage this morning sort of hints that we're beginning to see some residue around tariffs on this print. You agree. So, we're certainly seeing a little bit of that.You know, if you look at particular categories like toys, furniture, etc. You are seeing uh a little bit higher inflation than we'd seen in the past. But um if you look overall, it's hard to see a big impact yet. And that's the big debate.Is it ...

New key inflation data is in from the Bureau of Labor and Statistics. June's consumer price index jumped uh.3% from the month before, putting the year uh over-year inflation rate at 2.7%. That's in line with expectations.We've been talking about it for years. We talked about it during the Biden administration. We're talking about it now during the Trump administration.Our economy gets uh so much thrown at it and it just seems to put its head down, keep going. These are pretty good numbers. These are good nu ...

Core Insights - JPMorgan's second-quarter 2025 adjusted earnings reached $4.96 per share, exceeding the Zacks Consensus Estimate of $4.51, driven by strong trading and investment banking performance, as well as growth in credit card and wholesale loans [1][9] - Including a one-time income tax benefit of $774 million, earnings were reported at $5.24 per share [1] Group 1: Trading and Investment Banking Performance - Market revenues increased by 15% to $8.9 billion, surpassing management's expectations of mid-to-high single-digit growth [2] - Fixed-income markets revenues rose 14% to $5.7 billion, while equity trading revenues increased by 15% to $3.2 billion [2] - Investment banking (IB) fees grew 7% year-over-year to $2.51 billion, with advisory fees and debt underwriting fees rising by 8% and 12%, respectively [3] Group 2: Net Interest Income and Loan Growth - Net interest income (NII) increased by 2% year-over-year to $23.21 billion, with management raising the full-year NII forecast to $95.5 billion from $94.5 billion [4][6][9] - Total loans saw a 7% year-over-year increase, contributing to the rise in NII [4] Group 3: Revenue and Expense Overview - Net revenues reported at $44.91 billion, down 11% year-over-year but exceeding the Zacks Consensus Estimate of $43.81 billion [6] - Non-interest income fell 21% to $21.7 billion, primarily due to a prior-year gain related to Visa shares; adjusted non-interest income grew nearly 10% [7] - Non-interest expenses remained stable at $23.78 billion year-over-year, with a 5% increase when excluding the prior year's Visa-related contribution [8] Group 4: Credit Quality and Capital Position - Provision for credit losses decreased by 7% to $2.85 billion, while net charge-offs grew by 8% to $2.41 billion [11] - Non-performing assets surged 24% to $10.48 billion [11] - Tier 1 capital ratio was estimated at 16.1%, down from 16.7% a year ago, with book value per share increasing to $122.51 from $111.29 [12] Group 5: Share Repurchase and Future Outlook - JPMorgan repurchased 29.8 million shares for $7.1 billion and authorized a new $50 billion share repurchase plan [13] - The company is expected to benefit from new branch openings, strategic acquisitions, and high interest rates, although concerns remain regarding asset quality and rising expenses [14]

Shares of Wells Fargo (WFC -5.49%) are trading roughly 5.5% lower as of 10:44 a.m. ET today after the bank reported earnings results for the second quarter of the year earlier this morning.Lowering net interest income guidanceWells Fargo reported earnings per share of $1.60 on total revenue of roughly $20.8 billion. EPS beat FactSet estimates easily, while revenue came in slightly higher than estimates. However, the stock sank after management lowered its full-year guidance for net interest income (NII), wh ...

🇺🇸 TRUMP SAID INFLATION IS VERY LOW AND FED SHOULD CUT RATES BY 3 POINTS. https://t.co/FljnHJphSf ...

Wells Fargo Shares Slide on NII Miss, Forecast Cut. Get caught up on the day's gainers and decliners on the latest Stock Movers report https://t.co/IXvZTM0vCi ...

Welcome to Yahoo Finance's special coverage of the June CPI report. I'm Julie Hyman. The key inflation number just crossing the wire and coming in somewhat in line with estimates.0.3% the month overmonth increase in the consumer price index. If you take out food and energy, the increase was actually smaller than estimated 2/10en of 1% versus the 3/10en that was estimated. And then as we take a look at the year-over-year numbers, consumer inflation rising 2.7% year-over-year.If you take out food and energy, ...

Partners Group-owned Schleich is discussing a debt restructuring that could see the private equity firm hand over the keys of the toy company to its creditors https://t.co/HdhUH2r3Rz ...