4 Top Financial Stocks Lightning Up Trading Screens After Earnings

Charles Schwab Corp. (NYSE:SCHW) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Net income increased 15.95% to $189 million (15 cents per diluted share) in the quarter versus a net gain of $163 million in the year-earlier quarter. Revenue rose 4.45% to $1.22 billion from the year-earlier quarter.

Charles Schwab Corp. reported adjusted net income of 15 cents per share. By that measure, the company met the mean analyst estimate of $0.15. It beat the average revenue estimate of $1.21 billion.

SCHW

Comerica Incorporated (NYSE:CMA) delivered a profit and beat Wall Street’s expectations. Net income increased 33.33% to $128 million (68 cents per diluted share) in the quarter versus a net gain of $96 million in the year-earlier quarter.

Comerica Incorporated reported adjusted net income of 68 cents per share. By that measure, the company beat the mean analyst estimate of $0.65.

CMA

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PNC Financial Services Group Inc. (NYSE:PNC) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Net income increased 51.05% to $719 million (1.24 cents per diluted share) in the quarter versus a net gain of $476 million in the year-earlier quarter. Revenue rose 3.59% to $4.07 billion from the year-earlier quarter.

Excluding the cost of increased mortgage putback reserves and other one-time items, earnings per share were $1.71, beating the mean analyst estimate of $1.57. It beat the average revenue estimate of $3.94 billion.

PNC

Huntington Bancshares Inc. (NASDAQ:HBAN) generated double-digit profit growth and beat Wall Street’s expectations. Net income increased 25.57% to $159.3 million (19 cents per diluted share) in the quarter versus a net gain of $126.86 million in the year-earlier quarter.

Huntington Bancshares Inc. reported adjusted net income of 19 cents per share. By that measure, the company beat the mean analyst estimate of $0.17.

HBAN

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