Lloyds Lending Income Misses Estimates, Costs Jump on Severance

Lloyds Lending Income Misses Estimates, Costs Jump on SeveranceGulf States Learn the Power and Limits of Petrodollar PersuasionSweden’s Plan for Worst-Case Scenario: War Spreading in EuropePrabowo’s Aide Says Indonesia Doesn’t Need Another Rate HikeChina’s Oil Buyers Set to Weather Tighter US Sanctions on IranOrange Sales Rise Less Than Forecast on Declines in EuropeBrazil Joins Protectionist Wave in Face of Cheap Steel ImportsRed Rocket of South Africa Hires Goldman to Explore Sale OptionGulf...

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Truist’s Lending Income Misses Estimates as Revenue Forecast CutTruist Financial Corp. posted lower first-quarter lending profits than forecast and trimmed its revenue guidance for the rest of the year as the bank was forced to pay customers more for deposits as interest rates remain elevated.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Big US Banks’ Surprise Trading Haul Blunts Lending Income SlumpWall Street’s traders are picking up the slack as income from lending slumps across the industry.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

U.S. Bancorp Trims Lending-Income Outlook Amid Deposit PressuresU.S. Bancorp reduced the outlook for a key driver of its profit for the year as lenders face pressure to pay more for deposits.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

PNC Net Interest Income Misses Estimates With Loan Growth MutedPNC Financial Services Group Inc. missed estimates for net interest income in the first quarter, a sign that the Pittsburgh-based lender has continued to struggle with muted loan growth.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Truist’s Loan Income Misses Estimates as Deposit Costs Weigh(Bloomberg) -- Truist Financial Corp. posted lower first-quarter lending profits than analysts expected as it was forced to pay customers more for deposits...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »