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Bank of America Gains Jim Cramer’s Backing Amid Fintech Funding and Strong Institutional Support
Yahoo Finance· 2025-10-08 14:20
Bank of America Corporation (NYSE:BAC) is one of Jim Cramer’s Recession-Proof Stock Picks. Addressing the stock in one of his episodes, Jim Cramer says, “Don’t wait”. Bank of America Gains Jim Cramer’s Backing Amid Fintech Funding and Strong Institutional Support On September 23, 2025, Bank of America Corporation (NYSE:BAC), alongside other major banks including Citi and Goldman Sachs, backed a $136 million funding round for Fnality. The London-based fintech, Fnality, lets banks engage in transactions t ...
Bank of America to Report Third Quarter 2025 Financial Results and Host Investor Conference Call on October 15
Prnewswire· 2025-10-08 13:00
, /PRNewswire/ -- As previously announced, Bank of America will report its third quarter 2025 financial results on Wednesday, October 15. The results will be released at approximately 6:45 a.m. ET, followed by an investor conference call at 8:30 a.m. ET. Lee McEntire, Bank of America Phone: 1.980.388.6780 [email protected] The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. ...
Huntington Bancshares Incorporated Announces Third Quarter 2025 Earnings Call Details
Prnewswire· 2025-10-06 20:05
, /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will release third quarter 2025 financial results prior to the market opening on Friday, October 17, 2025. A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website (www.huntington-ir.com). The Company will host a conference call to review quarterly financial results at 9 a.m. ET. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers ...
Dividend Champions Like Alerus Financial Corporation (ALRS) Show the Power of Steady Growth
Yahoo Finance· 2025-10-05 19:33
Core Insights - Alerus Financial Corporation (NASDAQ:ALRS) is recognized as one of the Best Dividend Stocks for a Dividend Champions List, highlighting its strong performance in dividend payments [1][4] Group 1: Business Segments - Alerus Financial operates in three main areas: banking, retirement and benefit services, and wealth management, providing a balanced revenue stream that mitigates risks from weaknesses in any single segment [2] - The retirement and benefit services segment generates steady fee income through account administration, while the wealth management division focuses on investment advice and planning for clients [2] Group 2: Growth Strategy - The company has been expanding its market presence through acquisitions, entering new markets such as Phoenix and Rochester [3] - Alerus is enhancing its digital capabilities via the "One Alerus" program, which integrates technology upgrades across the customer experience [3] - Management has set key objectives including cost reduction, growth in assets under management, diversification of income streams, and improved operational efficiency [3] Group 3: Dividend Performance - Alerus Financial has a strong track record of rewarding shareholders, having increased dividends for 39 consecutive years [4] - The current quarterly dividend is $0.21 per share, resulting in a dividend yield of 3.85% as of October 2 [4]
Huntington Bank Announces Jim Danneman as Regional President for Southern Ohio/Kentucky Region
Prnewswire· 2025-10-03 14:15
, /PRNewswire/ -- The Huntington National Bank (Huntington) has selected Jim Danneman as Regional President for the Southern Ohio/Kentucky region. With more than 30 years of experience in commercial and private banking, Danneman brings a proven track record of leadership, strategic market development, and a deep commitment to serving businesses and families across the region. "Jim's integrity, deep market insight, and his ability to foster strong relationships truly set him apart," said Christian Corts, Reg ...
Intercorp Financial Services Inc. (IFS) Joins Top Five Holdings at Lingohr Asset Management
Yahoo Finance· 2025-10-02 13:39
Intercorp Financial Services Inc. (NYSE:IFS) is among the under-the-radar dividend stocks benefiting from AI. During the second quarter, Lingohr Asset Management GmbH acquired a new position in Intercorp Financial Services Inc. (NYSE:IFS) following the purchase of 40,535 shares of the company’s stock, making the stock its fifth largest holding. According to a recent disclosure with the SEC, the firm’s investment in the company is now valued at approximately $1,532,000. Few companies are able to perfectly ...
Charles Schwab Expands Branch Network Following Strong Earnings and Asset Growth
Yahoo Finance· 2025-10-01 21:33
The Charles Schwab Corporation (NYSE:SCHW) is one of the 12 Set-It-and-Forget-It Stocks to Buy Now. Following a strong second quarter, the company expands its branch network. Charles Schwab Expands Branch Network Following Strong Earnings and Asset Growth For the quarter ending July 18, 2025, the company reported net income of $2.1 billion, or $1.08 earnings per share. The Charles Schwab Corporation (NYSE:SCHW) has managed to drive the client assets growth by 14% year-over-year to a record $10.76 trilli ...
Benchmark Co. Sets Price Target for Dave Inc (DAVE)
Financial Modeling Prep· 2025-10-01 18:12
Company Overview - Benchmark Co. has set a price target of $320 for NASDAQ:DAVE, indicating a potential increase of about 60.52% from the current stock price of $199.35 [1][6] - DAVE offers a financial app with services such as overdraft protection, banking, and credit building, positioning itself as a unique player in the financial services sector [1] Financial Performance - DAVE has achieved a quarterly revenue growth of 64.5%, significantly outpacing Shopify's growth of 31.1% [2][6] - Over the last 12 months, DAVE's revenue growth was 48.0%, again surpassing Shopify's 29.0%, indicating a robust business model and effective market strategies [2][6] Profitability Metrics - DAVE boasts a last twelve months (LTM) margin of 23.0%, compared to Shopify's 15.3%, indicating higher efficiency in converting revenue into profit [3][6] - A higher margin suggests better cost management and pricing strategies, making DAVE a potentially more profitable investment [3] Stock Performance - Currently, DAVE's stock is priced at $209, reflecting a $9.65 increase, or a 4.84% rise [4] - The stock has fluctuated between $200.17 and $209.04 today, with a yearly high of $286.45 and a low of $37.44, showing significant volatility [4] Market Capitalization and Trading Volume - DAVE's market capitalization is approximately $2.82 billion, indicating the company's size and the value investors place on it [5] - The trading volume is 100,011 shares, reflecting the level of investor interest and liquidity in the stock [5]
Goldman Sachs Bank Stocks: 12 Stocks To Buy
Insider Monkey· 2025-09-30 16:30
In this article, we discuss 12 bank stocks to buy according to Goldman Sachs.Bank executives entered 2025 with cautious optimism, as inflation eased and interest rates were dipping, but slow economic growth, global tensions, and regulatory uncertainty kept them on edge. Still, a Deloitte report mentioned that many bankers will be relieved to move on from 2024.This cautious sentiment set the stage for economic forecasts that pointed to both opportunities and challenges. In 2025, American GDP growth was proje ...
Citizens Financial Group Announces Third Quarter 2025 Earnings Conference Call Details
Businesswire· 2025-09-29 19:01
CFG-IR More News From Citizens Financial Group, Inc. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $218.3 billion in assets as of June 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential ...