Core Viewpoint - PNC Financial Services Group, Inc. is expected to report improved revenues and earnings for Q2 2025, driven by higher net interest income and fee income, despite rising expenses and provisions for credit losses [1][11][18]. Financial Performance Expectations - The earnings surprise history of PNC is strong, with an average surprise of 8.39% over the last four quarters [2]. - The Zacks Consensus Estimate for Q2 earnings per share is $3.56, reflecting a year-over-year increase of 7.9% [18]. - Total revenues are projected at $5.62 billion, indicating a 3.8% year-over-year increase [18]. Net Interest Income (NII) - NII is expected to rise by 1-2% in Q2 2025, supported by stable funding and deposit costs [3][4][11]. - The Zacks Consensus Estimate for NII is $3.55 billion, representing a sequential increase of 2% [5]. Loan Growth - Average loans are anticipated to increase by 1% sequentially, with projections indicating a 1.4% rise [4][5]. - Demand for commercial, industrial, real estate, and consumer loans has remained solid [4]. Non-Interest Revenues - Mortgage revenues are expected to decline by 2.7% sequentially, with estimates at $130.4 million due to stable mortgage rates [6][7]. - Asset management and brokerage income is projected to see a slight decline, with the consensus estimate at $387.8 million [8][10]. - Card and cash management revenues are expected to rise by 4.9% sequentially, with estimates at $726.4 million [12]. Expenses and Asset Quality - Non-interest expenses are projected to be stable at $3.43 billion, despite ongoing investments in technology and digitalization [13][14]. - Provisions for credit losses are expected to increase to $252.5 million, a sequential rise of 15.3% [15]. - Non-performing assets (NPAs) are estimated at $2.38 billion, indicating a 2.2% increase from the previous quarter [16]. Market Conditions - Global M&A activity has improved, with deal-making resuming towards the end of the quarter despite initial market volatility due to tariff announcements [9].

Key Takeaways DNBBY is set to report Q2 results, with NII likely pressured by lower deposit margins. A rebound in mergers and acquisitions can support modest gains in DNBBY's investment banking revenues. Elevated personnel, benefits and restructuring costs are expected to weigh on DNBBY's Q2 expense base.DNB Bank ASA (DNBBY) is slated to announce second-quarter 2025 results tomorrow.In the last reported quarter, this Zacks Rank #3 (Hold) stock reported an increase in net interest income (NII), as well as ...

Key Takeaways BK's Q2 earnings and revenues are projected to grow 14.6% and 5.6% y/y, respectively. Higher fee income and FX trading gains are expected to support BK's top-line results. NII is projected to rise 10.9% on loan growth and higher rates despite elevated expense levels.The Bank of New York Mellon Corporation (BK) is scheduled to report second-quarter 2025 results on July 15, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basi ...

Key Takeaways CMA now sees Q2 average deposits declining due to softness in middle market and corporate banking. Quarter-to-date loans rose $200M, with gains in corporate and private banking driving the increase. Comerica expects Q2 average loan balances to outperform its earlier guidance of a slight decline.Comerica Incorporated (CMA) has mentioned changes to its second-quarter 2025 outlook for loans and deposits at the Morgan Stanley US Financials, Payments & CRE Conference.Quarter to date through May 3 ...

Core Insights - Canadian Imperial Bank of Commerce (CM) reported a strong second-quarter fiscal 2025, with adjusted earnings per share of C$2.05, reflecting a 17% increase year-over-year, driven by revenue growth and higher loan and deposit balances [1][8] - Total revenues reached C$7.02 billion, a 14% increase from the previous year, supported by higher net interest income and non-interest income [2][8] - The bank's net income was C$2 billion, marking a 15% year-over-year growth, despite higher expenses and increased provisions for credit losses [1][8] Revenue and Expenses - Net interest income (NII) was C$3.79 billion, up 15% year-over-year, while non-interest income rose 12% to C$3.23 billion [2] - Non-interest expenses totaled C$3.82 billion, reflecting a 9% increase compared to the prior year [2][8] Efficiency and Provisions - The adjusted efficiency ratio improved to 54.2%, down from 56.4% in the prior-year quarter, indicating enhanced profitability [3] - Provisions for credit losses increased by 18% to C$605 million, highlighting potential credit risk concerns [3][8] Asset and Capital Position - As of April 30, 2025, total assets were C$1.09 trillion, a nearly 1% increase from the previous quarter [4] - The Common Equity Tier 1 ratio improved to 13.4%, while the Tier 1 capital ratio rose to 15.2%, indicating a stronger capital position [5] Market Outlook - The bank is expected to benefit from high interest rates and solid loan demand, although rising expenses and a challenging operating environment pose near-term concerns [6]

For the quarter ended March 2025, Affirm Holdings (AFRM) reported revenue of $783.14 million, up 35.9% over the same period last year. EPS came in at $0.01, compared to -$0.43 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $783.85 million, representing a surprise of -0.09%. The company delivered an EPS surprise of +111.11%, with the consensus EPS estimate being -$0.09.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

For the quarter ended March 2025, Federal Realty Investment Trust (FRT) reported revenue of $309.15 million, up 6.1% over the same period last year. EPS came in at $1.70, compared to $0.66 in the year-ago quarter.The reported revenue represents a surprise of +0.72% over the Zacks Consensus Estimate of $306.93 million. With the consensus EPS estimate being $1.69, the EPS surprise was +0.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

Wall Street analysts expect Affirm Holdings (AFRM) to post quarterly loss of $0.08 per share in its upcoming report, which indicates a year-over-year increase of 81.4%. Revenues are expected to be $783.11 million, up 35.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 4.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...

Cullen/Frost Bankers, Inc. (CFR) reported first-quarter 2025 earnings per share of $2.30, up 6.9% from the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate by 5.9%.Results were primarily aided by a rise in non-interest income and net interest income (NII), alongside higher loan and deposit balances in the quarter. However, increased credit loss expenses were significant drags.The company reported net income available to its common shareholders of $149.3 million, up 11.4% from the p ...

CareTrust REIT (CTRE) reported $96.62 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 53.2%. EPS of $0.42 for the same period compares to $0.22 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $96.85 million, representing a surprise of -0.24%. The company delivered an EPS surprise of -2.33%, with the consensus EPS estimate being $0.43.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...