IYG

Bank ETFs in Focus on Mixed Q1 Earnings

Weekly Report: what happened at IYG last week (0408-0412)?

What's Going On With JPMorgan Shares Today?

JPMorgan Chase & Co. Reported first-quarter FY24 revenue of $41.9 billion, up 9% Y/Y. The bank beat the consensus estimate of $42.5 billion. Earnings per share of $4.44 were also higher than expected.

Is the Banking Sector Booming? 5 ETF Picks

America's Credit Card Slump: Delinquencies Reach 12-Year High As Issuers Lower Credit Limits

Report by the Philadelphia Fed says credit card delinquencies reached the highest on record in the last quarter of 2023. Nearly 3.5% of credit card users carried their balances 30 days past the due date. The fourth quarter of last year was the worst for credit card companies.

Mastercard Revamps Structure for Growth, New Teams to Drive Core Payments and Services

Mastercard Inc. Unveiled a strategic realignment of its teams to focus on Core Payments, Commercial and new Payment Flows, and Services. These leadership transitions are effective immediately, with the broader organizational changes beginning on May 1. Mastercard aims to hasten growth and enhance stakeholder value.

Are The Stars Finally Aligned For U.S. Financial Stocks?

After a series of banking failures in early 2023, financial stocks are showing signs of life again. Financial stocks rallied in the last five months, signaling growing investor confidence that a wider systemic meltdown has been averted. First-quarter trends suggest that market returns may be poised to broaden - good news for financials.

Weekly Report: what happened at IYG last week (0401-0405)?