Want to join the conversation?
Financial services holding company $USB said its net interest income on a taxable-equivalent basis grew 2.6% YoverY to $2.87Bil in 4Q15, helped by the growth in average earning assets. Net interest margin was stable at 3.06%, compared with 3.14% a year ago. Noninterest income for the quarter was $2.34Bil, 1.3% lower than 4Q14.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.